Crypto News

Coinbase Warns Bitcoin Faces Quantum Threat, Flags Satoshi-Era Coins As A Separate Challenge Coinbase Warns Bitcoin Faces Quantum Threat Coinbase urged Bitcoin developers to begin preparing for quantum computing threats, warning that the upgrade process could take years. The exchange is preparing its systems, engaging developers, and supporting phased upgrades that introduce quantum-resistant signatures. COIN shares fell 0.21% in pre-market trading Wednesday, while retail sentiment remained bearish amid low chatter. Bitcoin's future security could be threatened by quantum computers capable of breaking the cryptography securing its wallets, Coinbase Global warned, telling developers to begin preparing for an upgrade that may take...

Korean Watchdog Wins Approval to Block KuCoin, MEXC and 25 More Unregistered Crypto Sites Korean Watchdog Wins Approval to Block KuCoin, MEXC and 25 More Unregistered Crypto Sites The Financial Services Commission (FSC) of South Korea has gained approval to enforce stricter measures against unregistered crypto sites operating in the country. The agency announced the decision following a rigorous review process, emphasizing its commitment to safeguard consumers from potential risks posed by unauthorized platforms. As part of this move, the FSC will have the authority to block access to 27 unregistered crypto websites, including major platforms like KuCoin and MEXC. This initiative aligns with South Korea's broader regulatory efforts...

Inside the booming market for US midterm election bets Inside the booming market for US midterm election bets Across the three markets, traders have bet more than $220 million so far this cycle, compared with $92 million for the entire 2024 cycle, according to ACDC. In 2024, wagers continued even after ‌Election Day, as the outcome of some races hung in the balance. In 2024, 71% of ​election markets were on who would win a race. This cycle, only 16% of markets relate to ​winners, with the majority – 58% – focused on the margin by which ​a candidate will win. There are also more markets this cycle on voter turnout for a race. However, the vast majority ‌of overall volume is still wagered on who will win, with ​many of the more...

Ethereum FOMO Is Exploding as Bitcoin and XRP Traders Hit Panic Mode Ethereum FOMO Is Exploding as Bitcoin and XRP Traders Hit Panic Mode Its 0.82 ratio translates into roughly 82 bullish comments for every 100 bearish ones. That indicates a negative balance of discussion, although the measure alone cannot establish how many traders have sold or how aggressively they are positioned. XRP faces a similar confidence problem. The token's weekly decline exceeded 9%, while attempts to reclaim the $1.40 area struggled to gain traction. Its bullish-to-bearish comment ratio slipped below parity to 0.92. Leveraged long positions added vulnerability during the pullback. When prices fall far enough to trigger liquidations, exchanges forcibly...

Bitcoin Whale That Sat Through Every Crash Since 2020 Just Moved $377M Bitcoin Whale That Sat Through Every Crash Since 2020 Just Moved $377M The look-alike was funded in a Nov. 12, 2024 transaction that paid out to 1,401 outputs at once, and it was emptied after sending that one payment. Every other sender used a bc1 address, which looks nothing like the wallet's legacy 18 address. The whale hasn't fallen for it. Mysterious Bitcoin Whale Moves $8 Billion in 'Largest Daily' Transfer of Old BTC in History Large holders of Bitcoin, known as whales, move their coins for different reasons, including privacy and safety. Analysts and traders fear that moves like that precede selling as holders feel tempted to realize significant gains...

CFTC Unveils Post-CLARITY Act Crypto Plan as Analyst Maps $5M Bitcoin The CFTC is separately examining how regulations designed around traditional trading sessions should apply to markets operating 24 hours a day. Where Does the $5 Million Bitcoin Scenario Come From? The D.A. Davidson analyst outlined the scenario with colleague Alexander Platt in 2024, after Bitcoin crossed $100,000 for the first time. Luria previously authored an early institutional Bitcoin report when BTC traded near $1,000, arguing that scenarios existed in which its value could increase by between 10 and 100 times. His newer calculation goes considerably further. Luria estimated that Bitcoin could approach $5 million if it replaced conventional...

Xash’s Kevin Huynh Pitches Stablecoin Issuers on Gold Rewards Instead of Passive Yield Xash’s Kevin Huynh Pitches Stablecoin Issuers on Gold Rewards Instead of Passive Yield Huynh said on the show that Xash was in closed beta and he hoped to open it publicly the following week. As of Oct. 12, Xash's website called the program an open beta and said PYUSD activity earns gold. This article has been published in unchainedcrypto.com via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/xash-kevin-huynh-pitches-stablecoin-015700701.html

UK Moves Closer to Keeping $5B Bitcoin Haul After High Court Ruling UK Moves Closer to Keeping $5B Bitcoin Haul After High Court Ruling The UK government is on the brink of retaining a haul of nearly $5 billion in Bitcoin following a High Court ruling. The virtual treasure trove was seized from a group implicated in a large-scale fraud operation, marking one of the most significant cryptocurrency seizures in history. This decision is a major milestone in the ongoing battle against illegal financial activities involving cryptocurrencies. Authorities have been targeting digital assets that are tied to criminal activities, aiming to prevent them from being used for illicit funding. In this case, the seized Bitcoin is linked to a...

4chan Anon Nailed the 2019 Bottom, the 2021 Top, and the Halving Run — Now He’s Posting Again 4chan Anon Nailed the 2019 Bottom, the 2021 Top, and the Halving Run — Now He’s Posting Again Those changes undermine the suggestion that the image represents an untouched prediction published years earlier. The screenshot also lacks a verifiable archive link or an identity marker that connects its author to a consistent forecasting history. That leaves two separate questions unanswered: whether the predictions existed before the market events, and whether the same person wrote them. A Separate Cycle Prediction Faces Its Own Test There is another 4chan forecast with a more concrete historical record. A December 2023 post described...

NFT Marketplace Blur to Shut Down Website, Stop New Blend Loans Next Month NFT Marketplace Blur to Shut Down Website, Stop New Blend Loans Next Month Blur, a prominent NFT marketplace that gained attention for its unique features and loan offerings, has announced plans to shut down its website and cease offering new Blend loans starting next month. This move marks a significant shift in the platform's operations, which had previously been popular among NFT traders and enthusiasts. The decision to halt new Blend loans and close its website comes amid changing market dynamics and regulatory considerations. Blend loans, a feature that Blur introduced to enable users to leverage their NFT holdings for loans, had been a distinct offering...

Standard Chartered Will Hold Ripple's Stablecoin in Dubai—And Let Clients Trade With It Without Moving It Standard Chartered Will Hold Ripple's Stablecoin in Dubai Standard Chartered will host Ripple's stablecoin in Dubai, facilitating its clients to conduct trades using the cryptocurrency without the need to move it. The bank has reportedly decided to handle Ripple’s digital asset to enable seamless transactions for institutional clients. This initiative aligns with Standard Chartered's broader strategy in engaging with blockchain technology and digital currencies. Ripple's Presence in Dubai Ripple has gained regulatory approval for its stablecoin initiative in Dubai, establishing the city as a significant hub for its operations...

Crypto’s Crowded Longs Face a CPI Test, and a Hot Print Could Wipe Them Out A liquidation heatmap identifies potential liquidity around $84,500-$84,600, but that concentration does not guarantee prices will reach it. Alexander Kuptsikevich's assessment places an important hurdle near $87,000. He argues that a sustained breakout could open a path toward $94,000. Ethereum's immediate support sits near $2,400, while a break below $2,300 could weaken its bullish structure. XRP remains within a broader $1.30–$1.60 range. Bitrue's narrower assessment identifies $1.35-$1.38 as the immediate support zone, with $1.38 particularly important. Solana's support lies around $107-$110. Chainlink faces resistance between $14.10 and $14.40 after...

Ledger Says All Confirmed Cases Trace to Reseller CryptoBilis, Gives No Loss Total Ledger Says All Confirmed Cases Trace to Reseller CryptoBilis, Gives No Loss Total All confirmed cases of Ledger users losing crypto appear to be tied to a reseller. Ledger’s investigation is still ongoing, but so far, all users confirmed to have been affected have one thing in common: The Ledger hardware wallet they use was purchased through reseller CryptoBilis. Ledger says crypto access usually results from a backup phrase—a unique, 24-word seed phrase tied to each wallet—being exposed. Reports of Ledger users allegedly being compromised have spread rapidly across social media platforms in recent days. In its latest security alert, Ledger said it...

She Bought Solana at Its $293 Peak Because It Was the Fastest Chain in Crypto. It Still Is. She Has Lost Three Times What a Bitcoin Buyer Lost the Sam She invested in a faster network in January 2025, and Solana has indeed become faster, proving she was correct about the technology. Solana Fell 62% While Bitcoin Fell 20% From the Same Day The two investments look dramatically different when compared side by side. Solana is down 62% from its peak of $293, while Bitcoin has only fallen about 20% from its January 2025 price of $104,000. Despite entering the market on the same day, Solana buyers endured a far greater loss. Buyers essentially set a coin's price, and speed is just one factor influencing what they will pay. Other factors...

BMNR Stock Gains With Ethereum Outpacing Bitcoin After $84K Bounce Ahead Of CPI Report This Week BMNR Stock Gains With Ethereum Outpacing Bitcoin After $84K Bounce Ahead Of CPI Report This Week Ethereum Faces Resistance Near $2,570 Crypto analyst Ted Pillows said Ethereum had returned above $2,550 but faced resistance in the $2,560 to $2,570 range. A sustained move above that zone could open the way for a rally toward $2,700, he said in a post on X. Pillows also described buyers as being firmly in control of Bitcoin's market, pointing to the cryptocurrency's recovery over the weekend. However, Bitcoin's retreat from its weekend highs suggests traders are still assessing whether the rebound can gain momentum. How Is Retail...

Bitcoin’s Next Move Depends on the US Bond Market and Inflation Report Bitcoin’s Next Move Depends on the US Bond Market and Inflation Report Conversely, softer inflation could ease pressure on bond yields and support a crypto recovery. For traders, the key signal will be how Treasury yields react to the CPI data. Bitunix's central warning is that Bitcoin could remain vulnerable to further losses while US government bonds continue offering unusually attractive returns. This article has been published in beincrypto.com via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/bitcoin-next-move-depends-us-100455263.html

Former Story Blockchain Plans to Shut Down and Rebuild Its AI Data Registry on Sui Former Story Blockchain Plans to Shut Down and Rebuild Its AI Data Registry on Sui The rapidly evolving landscape of blockchain technology continuously prompts developers and companies to adapt and innovate. In a move highlighting the perpetual flux of the sector, a former blockchain enterprise has announced plans to shutter its current operations and reconstruct its AI data registry on the Sui network. This decision stems from a strategic evaluation of the company's goals in enhancing efficiency and scalability while mitigating costs associated with its current infrastructure. The decision to transition to the Sui network underscores the company's...

This Sam Altman-Backed Life Insurer Runs Entirely on Bitcoin, and Just Raised $37.5 Million This Sam Altman-Backed Life Insurer Runs Entirely on Bitcoin, and Just Raised $37.5 Million A life insurer backed by Sam Altman is aiming to revolutionize the insurance industry by functioning entirely on Bitcoin. The company recently completed a funding round, securing $37.5 million to further its ambitions. This unique approach has caught the attention of many in the financial sector, given the increasing interest in Bitcoin and other cryptocurrencies. The life insurer's business model is heavily reliant on Bitcoin. Rather than traditional currency, Bitcoin is used for both premiums and payouts. This strategic move not only sets them apart...

Ripple Becoming ‘Major Competitor’ to Wall Street — but Where Does XRP Fit? Ripple Becoming ‘Major Competitor’ to Wall Street — but Where Does XRP Fit? Ripple has continued to outline a connection between its brokerage business and its blockchain ecosystem. Its original Hidden Road acquisition announcement identified RLUSD as collateral across prime brokerage products and set out plans to migrate post-trade activity to the XRP Ledger. Collateral supports trading positions, while post-trade infrastructure handles processes after a transaction has been agreed. However, neither description means the full value of every trade must pass through XRP. Nevertheless, XRP has a required role in operating the ledger, even if it is...

No, OpenAI didn’t have a $20B revenue shortfall No, OpenAI Didn’t Have a $20B Revenue Shortfall OpenAI, a leading force in AI research, has not experienced a $20 billion revenue shortfall, contrary to some reports. Recent discussions about its financial standing have highlighted its potential and expansive growth, particularly regarding its annual recurring revenue. The speculations around OpenAI's financial outlook have been fueled by several factors, including its widespread adoption and the increasing demand for artificial intelligence solutions across multiple industries. The company has consistently shown a pattern of growth, and its financial strategies seem to be aligned with the burgeoning AI market's trajectory...