Researchers have cut the estimated computing cost of a specialized quantum-safe Bitcoin transaction by 82% to $59. Data from the Quantum-Safe Bitcoin Optimization Challenge showed that improvements in graphics processing software reduced the projected expense from approximately $320 during StarkWare’s first mainnet demonstration in August to $67 in September and $59 as of Oct. 13.
The Bank for International Settlements (BIS) has published results from the second phase of Project Aurum. The second phase of Project Aurum suggests that user privacy should rely on more than the central bank’s pledge not to look. What does the Aurum prototype actually do? The Bank for International Settlements (BIS) says Project Aurum Phase
Demand for $BTC is diverging, with signs of weakening US activity. While Binance remains a venue for whales, the Coinbase premium points to weakening US interest. US demand for $BTC, as measured by the Coinbase premium, is at the lowest level since July. The negative price differential is at 0.19%, a small disparity but a
While the attention of the general public has shifted from Bitcoin, drifting in a sideways range, to more volatile assets, its long-term metrics have completed the transition into a phase of a deep cyclical bottom. The analytics platform Lookonchain has detected a synchronization that in past macro cycles opened the door to the largest rallies:
Late on Monday, October 12, Bitcoin [$BTC] prices dipped to $81k once again. Since then, $BTC has seen a 2.9% price bounce to $83.3k in 4 hours, as of the time of writing. The bounce shouldn’t fool market participants into going long. The net taker volume was negative once again, reported crypto analyst Maartunn. This
Bitcoin is approaching a bullish moving-average crossover on its three-day chart, drawing attention to a pattern that preceded substantial gains in three historical examples. The setup comes as analysts assess whether easing macroeconomic pressures and improving onchain indicators could help Bitcoin establish an October bottom. Bitcoin briefly dropped below $82,000 on Monday but has now
Bitcoin (BTC) could reach another record high above $150,000 in the coming years, with a long-term technical analysis projecting a potential cycle peak between $160,000 and $180,000 by early September 2029. In a TradingView post on October 12, analyst TradingShot identified a potential profit-taking zone based on Bitcoin’s historical cycle peaks and a rising trendline
JPMorgan Chase (NYSE: JPM) shares rose 1.71% to $340 in pre-market trading on Tuesday, despite the banking giant reporting its first quarterly earnings miss since late 2023, as weaker bond trading, a sequential decline in investment banking fees, and investment securities losses weighed on third-quarter results. The stock recovered after falling nearly 3% after the
Recently, after a long period of silence, there was increased activity in wallets linked to the US government, with billions of dollars worth of Bitcoin being transferred. At this point, the transfer of approximately $1.54 billion worth of Bitcoin and Wrapped Bitcoin (WBTC) from US government-affiliated wallets to Coinbase Prime has raised concerns about a