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Bitcoin's volatility persists amid escalating war tensions with Iran, spiking nearly to $69,000 following speculation about President Trump's upcoming speech addressing the situation. Contradictory statements regarding the war's continuation add to market uncertainty.
CryptoPotato5m ago
Fidelity: This round of Bitcoin’s pullback is only 50%, and the bottom may be in late September
Fidelity Digital Assets says that this round of the Bitcoin market pullback is about 50%, lower than the previous 80% to 90%, indicating that volatility is declining and institutional confidence is increasing. Analysts believe Bitcoin is gradually shifting into a stable store-of-value tool, with promising future application prospects. From a technical perspective, the price is hovering around a key support level; if it holds that level, it could provide an opportunity for medium- to long-term investors.
GateNews5m ago
Nearly 7 million Bitcoin face a quantum threat; Satoshi Nakamoto’s Bitcoin may be the first to be hit
On-chain reports show that about 6.7 million bitcoins are stored in addresses that are vulnerable to quantum computing attacks, some of which belong to Satoshi Nakamoto. Google’s team warns that these bitcoins face a risk of their private keys being derived due to the use of early P2PK scripts. Experts emphasize that it is crucial to safeguard the security of these assets, and call for advances in quantum protection and the development of regulatory policies to address future threats.
GateNews8m ago
CZ: Cryptocurrencies can make it through the quantum era, but Satoshi Nakamoto’s Bitcoin faces risks
When responding to the potential threats that quantum computing could pose to cryptocurrencies, CZ emphasized that there’s no need to panic. Most cryptocurrencies can defend against the threat through upgrades, but coordinating upgrades across decentralized networks is likely to spark controversy. He warned that projects that have already stopped being maintained are difficult to upgrade and may disappear, while also urging users to migrate to quantum-resistant wallets to protect their assets. In particular, for the Bitcoin held by Satoshi Nakamoto, if quantum computing matures, it may need to be locked up or destroyed to prevent attacks. Overall, he believes that cryptocurrency is generally easier to secure than to crack.
GateNews10m ago
New Hampshire Plans $100M Bitcoin-Backed Municipal Bonds
_New Hampshire plans $100M Bitcoin-backed bonds, using crypto collateral instead of state backing, offering high-risk investment with price-linked repayment protection mechanisms_
The New Hampshire Business Finance Authority plans to issue $100 million in Bitcoin-backed bonds. This move is new in p
LiveBTCNews18m ago
