Bitcoin Threatened by 1000x Reliable Quantum Chip
Microsoft unveils Majorana 2 quantum chip, claiming 1,000x reliability boost, potentially threatening $BTC cryptography by 2029. AI accelerates research and development. #Update #Tech
Microsoft unveils Majorana 2 quantum chip, claiming 1,000x reliability boost, potentially threatening $BTC cryptography by 2029. AI accelerates research and development. #Update #Tech
@CharlesSchwab plans to expand crypto services for advisors by 2027, including spot trading and custody, enhancing its existing retail offerings. #Update #Crypto
@MicroStrategy sold 32 BTC for $2.5M to fund dividends, highlighting liquidity management challenges in corporate bitcoin treasuries. Institutional credit structures may reduce forced selling. #Update #Crypto $BTC
Cardsmiths and America250 launch Currency Series 6 trading cards, featuring crypto redemption cards for $BTC, $ETH, $DOGE, and $LTC. Packs include rare items redeemable for actual cryptocurrency. #Update #Crypto
@CCE_Cash has partnered with Unstoppable, Coinomi, and Coin98 wallets to enable fast, no-KYC swaps for assets like $BTC, $ETH, and $SOL directly from wallet interfaces. #Update #Crypto
Bitcoin’s computing power exceeds the top 100 supercomputers by over 600,000 times, according to @Bittensor co-founder Ala Shaabana, highlighting a shift towards decentralized networks for AI. #Update #Crypto $TAO
OFAC sanctioned Nobitex and three Iranian exchanges, freezing assets and barring U.S. dealings due to links with Iran’s IRGC. #Breaking #Legal @Nobitex
Standard Chartered’s Geoff Kendrick highlights Strategy’s $2.5M Bitcoin sale as a pivotal moment for Ethereum, predicting a 41% rise to $2,700 by year-end. #Update #Crypto $ETH
South African High Court rules 1,680 bitcoins seized from Square Mangundhla as capital, conflicting with SARB’s crypto stance. Legal tensions expected. Legal
The U.S. Treasury blacklisted Iranian crypto exchanges, including Nobitex, citing links to terrorism and sanctions evasion, following a $1 billion seizure from Iranian platforms. #Breaking #Legal $BTC
The crypto market crash wiped out over $170 billion, leading to $1.5 billion in liquidations, primarily affecting long positions. Bitcoin fell to $66,000 amid rising oil prices and geopolitical tensions. #Breaking #Crypto $BTC (-8) ↘
Bitcoin ETFs lost $483.8M on June 1, led by @Blackrock’s IBIT outflows of $440.3M; XRP ETFs gained $4.1M, indicating selective institutional demand. #Update #Crypto $BTC
New report from @Bitwise suggests Bitcoin’s fair value could reach $224,000 if sovereign debt fears escalate, amid rising global bond market pressures. #Update #Crypto $BTC
@Bitwise reports Bitcoin’s fair value could reach $224K amid rising sovereign debt concerns, with global borrowing projected to hit $29 trillion by 2026. #Update #Crypto $BTC