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Bitcoin News
Bitcoinsensus
2w
177
Image Credit: Bitcoinsensus
Thailand Allows Crypto Spending for Tourists via Credit Card
- Thailand is planning to allow tourists to spend crypto through credit card platforms while merchants receive payment in Thai baht, as part of a broader financial modernization effort.
- The initiative aims to streamline the process by enabling tourists to use crypto without affecting the local currency.
- This move is currently under review by the Ministry of Finance and the Bank of Thailand to align the capital and digital asset markets with financial regulations.
- The plan is to make Thailand a crypto-friendly destination without causing disruptions to the local economy, potentially setting a trend for other countries across Asia.
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Newsbtc
2w
155
Image Credit: Newsbtc
Here’s Why Hyperliquid Hit New ATH At $39 And Why It Could Continue
- Hyperliquid's HYPE token hit new all-time highs at $39 amidst growing popularity as a leading decentralized finance exchange for perpetual trading.
- The rise in Hyperliquid's price has been driven by increased attention and trading volume on the platform, with notable trades attracting significant interest.
- Hyperliquid recorded its highest weekly trading volume of $78.672 billion and its highest daily trading volume of $17.731 billion, indicating significant activity on the platform.
- The platform also celebrated a new all-time high in open interest, with $10.1 billion, and generated significant fees, showcasing continued bullish momentum for the HYPE token.
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Bitcoinist
2w
73
Image Credit: Bitcoinist
Donald Trump’s Firm Sets Ambitious $3 Billion Fund To Buy Bitcoin And Other Cryptos
- Trump Media & Technology Group plans to raise $3 billion to invest in cryptocurrencies, including Bitcoin.
- The company has dismissed reports about the capital raise as 'fake news' and is exploring mergers in financial services.
- Trump Media's move into cryptocurrency includes retail investment products aligned with America First policies.
- Critics slam President Trump's involvement in cryptocurrencies, including hosting a dinner for TRUMP memecoin investors.
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Coindoo
2w
229
Image Credit: Coindoo
Google’s Quantum Breakthrough Sparks New Concerns Over Bitcoin and Encryption Security
- Google researcher Craig Gidney reveals a breakthrough showing that RSA-2048 encryption could be broken using just 1 million qubits in quantum computers.
- The quantum leap in efficiency is attributed to advancements in quantum algorithms, error correction, and increased logical qubit density.
- The breakthrough raises concerns about the long-term resilience of Bitcoin's security as quantum computing technology progresses.
- While Bitcoin's current ECC encryption remains secure, the rapid development of quantum computing could pose a threat within the next decade, requiring digital security reinvention.
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Coindoo
2w
237
Image Credit: Coindoo
Profit Taking Ahead as Bitcoin Consolidates at $111,000, Warns Bitfinex
- Bitcoin is consolidating around $111,880, entering a 'healthy phase' after a significant rally, with profit taking seen as a potential risk.
- Bitfinex Alpha report highlights current consolidation supported by ETF inflows, spot market strength, and positive net realized cap growth, indicating structural buying over speculative activity.
- Institutional support for Bitcoin is increasing, with firms like Metaplanet adding $104 million worth of BTC to its balance sheet and U.S. states like Michigan advancing pro-crypto legislation.
- Bitfinex analysts emphasize the importance of Bitcoin staying above $95,000, with market dynamics suggesting the next few weeks will determine if the consolidation leads to further gains or a potential correction.
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Cryptopotato
2w
423
Image Credit: Cryptopotato
Bitcoin Recovers From Sub-$108K Drop, Ethereum Maintains $2.6K (Market Watch)
- Bitcoin's price dipped to $107,500 but managed to recover most losses since then.
- Altcoins, including HYPE, have slipped slightly after reaching all-time highs.
- Bitcoin broke records, hitting over $112,000 on Bitcoin Pizza Day, but fell to $107,500 after Trump's tariff recommendations.
- Ethereum has held stable at $2,600, with some altcoins experiencing minor losses while others like QNT have seen double-digit gains.
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Bitcoinist
2w
220
Image Credit: Bitcoinist
Saylor Responds To Bitcoin Proof Of Reserve Demand — And Shocks Everyone
- Michael Saylor challenged the concept of on-chain proof of reserves at the Bitcoin 2025 conference, emphasizing its drawbacks.
- Saylor argued that the current implementations of proof of reserves are risky and do not provide a complete picture of solvency.
- He likened publishing institutional wallets to sharing personal and vulnerable information, making them susceptible to various threats.
- Saylor highlighted that assets without considering liabilities are insufficient for institutional investors to assess risk.
- He proposed a standard involving auditor attestation and stringent financial practices to ensure transparency and security.
- Saylor emphasized the importance of regulatory compliance and rigorous financial reporting to build trust with investors.
- He acknowledged the theoretical possibility of implementing proof of reserves using zero-knowledge proof in the future.
- Saylor advised against relying solely on on-chain data and stressed the significance of counterparty discipline in the cryptocurrency space.
- He underlined the necessity for proper governance and security measures in handling corporate treasuries holding Bitcoin.
- Saylor's approach prioritizes financial standards and transparency over on-chain proof of reserves in the context of institutional investment.
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13 Likes
TheNewsCrypto
2w
255
Satoshi Nakamoto Becomes 11th Richest Person with $120B in Bitcoin Holdings
- Satoshi Nakamoto's Bitcoin holdings have reached $120 billion amidst recent price surge, making him the 11th richest person globally.
- Nakamoto's dormant wallets hold around 1.96 million BTC, approximately 5.2% of the total Bitcoin supply, giving him significant market influence.
- Institutional support and major firms increasing their Bitcoin holdings have helped drive the recent rally, with Bitcoin becoming the 5th largest asset by market value at $2.17 trillion.
- Bitcoin's market capitalization stands at $2.17 trillion, and it recently surpassed Amazon to become the world's 5th-largest asset, highlighting its growing importance in global markets.
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15 Likes
Coindoo
2w
100
Image Credit: Coindoo
The Blockchain Group Secures €63.3M to Expand Bitcoin Holdings
- The Blockchain Group secured €63.3M to expand its Bitcoin holdings as part of its treasury strategy.
- The company plans to purchase an additional 590 BTC, increasing its total holdings above 1,400 BTC, following a successful March acquisition.
- Investors are showing confidence in the company's Bitcoin-centric strategy, with a share price increase of over 100% since implementing the BTC accumulation plan.
- While focusing on Bitcoin, The Blockchain Group aims to grow its subsidiary operational activities, combining Bitcoin as a store of value with broader business development.
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Blockonomi
2w
354
Image Credit: Blockonomi
MicroStrategy CEO Says Proof-of-Reserves Create Security Risks for Bitcoin Companies
- MicroStrategy's Michael Saylor warns against onchain proof-of-reserves for institutions, calling it a security risk.
- Saylor argues that publishing wallet addresses makes companies vulnerable to tracing and security breaches.
- Proof-of-reserves only show assets held, not liabilities owed to customers, according to Saylor.
- Many crypto exchanges adopted proof-of-reserves for transparency after FTX collapsed in November 2022.
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21 Likes
Bitcoinsensus
2w
294
Image Credit: Bitcoinsensus
BTC Price Prediction: Kiyosaki Predicts $250K by 2025
- Bitcoin hit a new all-time high near $112K, up 20% this year.
- Robert Kiyosaki believes that even small amounts of Bitcoin could be life-changing.
- Kiyosaki predicts Bitcoin to reach $250K by the end of 2025, driven by supply shock and momentum.
- He emphasizes the scarcity of Bitcoin due to limited remaining supply and the growing demand.
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17 Likes
Crypto-News-Flash
2w
304
Image Credit: Crypto-News-Flash
New Google Quantum Findings May Accelerate Bitcoin Wallet Vulnerability Timeline
- Researchers have reduced the number of qubits needed to crack RSA encryption used in Bitcoin wallets to around 1 million, potentially accelerating the vulnerability timeline.
- The ability of quantum computers to break RSA encryption quickly poses a serious threat to Bitcoin's security, leading to concerns about the future of the cryptocurrency.
- While quantum computing advancements could compromise Bitcoin's security, some experts believe it might also help in recovering lost wallets and restoring forgotten Bitcoins.
- Various quantum-resistant solutions are being explored in the crypto ecosystem, such as Solana's Winternitz Vault and Ethereum's preparations for potential threats.
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Blockonomi
2w
298
Image Credit: Blockonomi
Bitcoin (BTC) Price: Double Bottom Pattern Points to $112,000 Target
- Bitcoin has rebounded from weekend lows to trade near $110,000, following a transient dip to $106,600.
- Technical analysts have identified a bullish double bottom pattern with a neckline around $109,000, indicating potential for Bitcoin to reach $112,000 if current support levels are maintained.
- Long-term holders accumulated over $28 billion worth of Bitcoin during recent liquidation events, demonstrating confidence in the cryptocurrency's future prospects.
- Two significant liquidation waves totaling $185 million cleared over-leveraged long positions, potentially stabilizing the market for Bitcoin's next upward move.
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17 Likes
Coinpedia
2w
34
Image Credit: Coinpedia
Whales Selling, Retail Buying: Is Bitcoin Price at $109k on Crossroads?
- BTC wallets holding more than 10k coins are moving to net distribution, hinting at a potential downside risk.
- Heavy long liquidation zones between $107k–$109k indicate possible downward movement in Bitcoin price.
- Retail investors are accumulating aggressively, while whales may be looking to book profits or anticipate volatility.
- Bitcoin price is currently at $109,222.37, with short-term volatility expected, and a potential pullback before reaching $113k.
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2 Likes
Newsbtc
2w
60
Image Credit: Newsbtc
Ethereum Above $2,500: Here’s Why Analysts Think $3,000 May Be Next
- Ethereum is trading above $2,500 despite a slight pullback from its recent high above $2,700.
- Analysts note that Ethereum's momentum appears more subdued compared to Bitcoin's recent surge, leading to questions about its current position in the market.
- Retail interest in Ethereum has been low, signaling that the rally may still be in its early stages and potential upside remains unpriced by the market.
- Technical analysts are optimistic about Ethereum, with key resistance turned into support and indications of a move towards $3,000 if Ethereum holds above the $2,400 level.
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