Quantum threat to Bitcoin A group of quantum computing researchers has declared a challenge: a reward of 1 Bitcoin (BTC) to anyone who can effectively break the cryptographic key securing Bitcoin transactions in a provocative move that has attracted the attention of both the cryptocurrency and quantum computing communities. This declaration has sparked discussions about the potential flaws in Bitcoin’s encryption and the timetable for quantum computers actually to compromise cryptocurrency security. Bitcoin’s Cryptographic Security Bitcoin relies on two primary cryptographic algorithms to secure transactions: Elliptic Curve Digital Signature Algorithm (ECDSA): This algorithm is used to generate public-private key pairs…
Author: Ali Malik
Ethereum Faces Pullback. After recently establishing a strong basis above $1,550, Ethereum (ETH) seems poised for a clear climb. Following the positive momentum of Bitcoin, ETH broke past important resistance levels at $1,600 and $1,620, rising to a new high of almost $1,690. Quick Highlights: Resistance Broken: ETH surged past $1,600 and $1,620 Local Peak: Reached ~$1,690 before correcting Current Price: $1,577 as of April 16, 2025 Short-Term Trend: Bearish momentum emerging Pullback Begins After Peak at $1,690 Intense selling pressure ETH faced following the spike set off a correction. Hinting at declining purchasing vigor, the price dropped below the…
Web3 blockchain transformation has developed well beyond money. These days, it’s at the core of a digital revolution as Web3 apps revolutionise whole sectors. Blockchain is changing company operations and customer interaction with digital ecosystems by allowing decentralisation, automation, and transparency. Reversing Supply Chains via Decentralisation Inefficiencies, fraud, and a lack of openness sometimes define conventional supply networks. Blockchain-based tracking is used, where every stage of the supply chain is immutably documented. Web3 is transforming this industry. This guarantees that essential procurement, manufacturing, and distribution data are validated and readily available, making real-time traceability possible. Big businesses like Carrefour have…
The Crypto exchanges in South Korea Financial Services Commission (FSC) reported on April 14 that 12 cryptocurrency exchanges, including KuCoin and MEXC, were withdrawn from the App Store in the nation due to operating without the necessary registration. Apple Blocks Access to Unregistered Crypto Apps The Financial Intelligence Unit (FIU), a division within the FSC responsible for implementing anti-money laundering (AML) legislation, formally requested that Apple begin blocking access to these apps on April 11. New users are now unable to download the affected apps. Existing users will no longer receive updates, leaving them vulnerable to potential security risks. These…
Ethereum whale accumulation has attracted the market’s attention by buying a large quantity of ETH as the cryptocurrency’s price drifts about essential levels. The whale obtained 20,161 ETH during 24 hours, valued at roughly $32.7 million, indicating a possible positive future for Ethereum. This significant purchase shows the whale’s faith in a possible price increase. Analysts intently observe ETH’s potential for a price flip. Here is everything you should be aware of regarding this considerable relocation. Whale Accumulation of ETH: An Insight into Market Sentiment Popular data analytics tool Lookonchain tracked the whale’s recent purchase behavior. The statistics show that…
Trump tariff delay crypto rally Following President Donald Trump’s 90-day stop on intended trade tariffs, the crypto market jumped Thursday. This surprising event turned off a general comeback in digital assets and world stocks. Bitcoin, Ethereum, and Altcoins Rebound Following several days of steep declines driven by trade tensions, the crypto market staged a dramatic comeback: Bitcoin (BTC) jumped as much as 9%, briefly touching $82,500 before settling around $81,700. Ethereum (ETH) surged 13.4%, hitting $1,611. XRP climbed 13%, with other altcoins posting double-digit gains. Standouts included Flare (FLR) and Ondo, which gained, followed by sharp losses across markets, where investors braced for…
Paul Atkins, SEC Chair, the U.S. Senate has officially confirmed Donald Trump’s nominee, Paul Atkins, as the next Chair of the U.S. Securities and Exchange Commission (SEC). This marks a pivotal shift in the regulatory landscape, especially for the crypto industry, which has long demanded more transparency and fairness from the Commission. Senate Confirms Paul Atkins in 52-44 Vote In a post on X (formerly Twitter), journalist Eleanor Terrett broke the news: the Senate approved Atkins’ nomination with a 52–44 vote. Senator Cynthia Lummis, a prominent pro-Bitcoin Republican, also shared her excitement about Atkins’s confirmation. “I’ve already spoken with Chair Atkins about digital asset…
Bitcoin fell 6.7% to $76,978 within a 24-hour period on April 7, 2025. Inspired by world financial uncertainty, this slump fit a larger sell-off in the bitcoin market. World Tensions Drive Variability in the Crypto Market The volatility of the Bitcoin Market Cap Approaches matched growing global financial stress. The Trump government’s introduction of fresh tariffs added to market volatility, influencing both conventional and digital assets. With corresponding drops of 9% and 10%, major market indices, including the S&P 500 and Nasdaq, suffered. Effect on Principal Cryptocurrencies Although Bitcoin’s fall was noteworthy, other cryptocurrencies suffered significantly more. Ether dropped to…
The market for cryptocurrencies is changing, and yearly innovations are showing up. Many outstanding initiatives are creating waves as we enter 2025. Although Bitcoin and Ethereum still rule, some fresh candidates are drawing investors’ interest. Let’s investigate the top cryptocurrencies to watch in 2025 and their reasons for expected success. Qubetics ($TICS): Revolutionizing Crypto Innovation Why Qubetics Stands Out in 2025 In its 28th presale round, a revolutionary cryptocurrency called Qubetics ($TICS). Having sold 506 million tokens and raised over $15.8 million, this coin is becoming somewhat well-known. It provides actual answers where other cryptocurrencies fall short, including scalability and…