Bipartisan bill aims to strengthen U.S. Bitcoin mining infrastructure and security
Google's latest quantum research claims to sharply reduce the resources needed to crack Bitcoin-style cryptography, putting a 2029 migration deadline squarely in view.
Popular economist and global strategist Peter Schiff has criticized Strategy for its recently launched advertisement campaign promoting the STRC stock. Schiff claims the ad has deliberately misleading promotional content that could expose Strategy to legal liability.
Bitcoin (BTC) price has dipped below the ‘Fire Sale!' zone on the Rainbow Chart, its first drop into this area since the FTX-induced capitulation in late 2022.
Shares in publicly traded Bitcoin treasury Nakamoto (NAKA) hit a new low after the firm announced it sold around $20 million of BTC.
Block-owned payment processor Square has begun enabling Bitcoin payments on its point-of-sale systems for eligible U.S. merchants.
On-chain reports suggest that almost 6.7 million Bitcoin are currently sitting in quantum-vulnerable addresses. These tokens have not moved in years, and some have not moved for over a decade.
BTC is on track for a six-month losing streak, the longest period with consecutive monthly losses since 2018-2019.
A new paper from Google Quantum AI has sharply reduced the estimated hardware required to crack elliptic-curve cryptography used by Bitcoin and much of Ethereum, moving a long-running security debate closer to market terms. At current market prices, the quantum computing risks could affect more than $600 billion in Bitcoin, Ethereum, and stablecoins.
The Royal Government of Bhutan is suspected of selling roughly 700 BTC, worth about $50M, after on-chain data from Onchain Lens and Arkham Intelligence flagged two large transfers from wallets attributed to its sovereign investment arm, Druk Holding & Investments
Bitcoin has shed about $3,500 in value over recent days, slipping from above $70,000 earlier in March to around $66,500, as short-term holders take their exits. On one particularly turbulent day, about 22,000 BTC were moved to exchanges in a single session.
The company is actively selling bitcoin and redeploying capital into AI-focused data centers as part of a broader transformation away from mining.