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November 23, 2024
Google, Microsoft, Amazon, and IBM are some of the biggest companies currently researching and developing quantum computer technology. Dr. XinXin Fan, the head of cryptography at IoTeX, recently co-authored a research paper titled Enabling a Smooth Migration Towards Post-Quantum Security for Ethereum. The research paper received a Best Paper award from the 2024 International Conference...
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The current CryptoQuant Bitcoin exchange reserve metric is roughly 2.5 million coins — the lowest level recorded during this market cycle. The price of Bitcoin (BTC) may reach $180,000 by the end of 2025 — according to Georgii Verbitskii — the founder of the TYMIO decentralized finance platform. In a statement to Cointelegraph, Verbitskii forecasted...
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Bitcoin’s price action has historically benefited from economic concerns and issues in the banking industry. Spot Bitcoin exchange-traded funds (ETFs) saw their fourth-best week of investments, while China-based ETFs suffered their biggest week of outflows in history, flashing another positive sign for global Bitcoin adoption. United States-based spot Bitcoin (BTC) ETFs recorded a cumulative $2.42...
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Bitcoin predictions easily favor a six-figure BTC price by the start of 2025, but sell-side pressure keeps growing. Bitcoin (BTC) can finish the year at $125,000 or more, prediction markets say, as bulls keep up pressure on six figures. Data from betting platform Kalshi suggests an 85% chance of a $100,000 BTC price before the...
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Analysts are eyeing a potential $20,000 cycle top for the Ether price, which is expected to gain momentum in the first half of 2025. The Ether price could see an imminent correction in the coming weeks before it resumes a sustainable rally to new highs. Ether (ETH) rose over 33% during the past month to...
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One analyst outlined the possibility of DOGE reaching $30+ by Jan. 19, 2025, based on historical performance.  Dogecoin (DOGE) has rallied another 27% this week, reaching a new yearly high of $0.48 on Nov. 23. The memecoin’s monthly gains are a whopping 236%, and it remains the third-highest traded crypto asset based on 24-hour trading...
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The court decision raises alarming legal concerns for the developers of privacy-preserving blockchain protocols. Alexey Pertsev’s pre-trial detention has been prolonged in another worrying sign for open-source code developers, particularly of privacy-preserving technologies. Pertsev, the developer of the cryptocurrency mixing protocol Tornado Cash, will remain in detention as he awaits his trial, he announced in...
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Coin Center says that while a Trump administration will undoubtedly be positive for crypto, there are still several ongoing cases that could prove troublesome to investors and developers. Non-profit crypto advocacy group Coin Center has warned that even though a Trump win is a net positive for the crypto industry, entrenched policies could still scare...
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Van Eck says BTC can reach a price of $180,000 this cycle but warned that elevated funding rates could be showing early signs of “overheating.”  Global investment manager Van Eck has reissued its $180,000 price target for Bitcoin at the peak of the current cycle.  In its latest Bitcoin report on Nov. 21, Van Eck...
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