Coinbase Council Warns 7 Million Bitcoin May Face Future Quantum Risk
TL;DR Coinbase’s Quantum Advisory Council says post-quantum migration planning should begin before quantum attacks become practical. The report estimates about 7 million BTC are quantum-vulnerable because public keys are exposed through legacy formats or address reuse. About 1.7 million BTC are said to sit in legacy Pay-to-Public-Key addresses, including early mined and potentially abandoned coins.…
JPMorgan CEO Goes Nuclear On CLARITY Act, Calling Coinbase’s Armstrong ‘Full Of S-t’
As lawmakers advance the crypto bill closer to completion, JPMorgan CEO Jamie Dimon attacked Coinbase CEO Brian Armstrong and criticized the CLARITY Act on Friday. Dimon Predicts Clash Over CLARITY Act Speaking at the Reagan National Economic Forum, Dimon said banks “will not accept” the CLARITY Act in its current form. He also suggested that…
Perps Lift Crypto Stocks—Robinhood, Coinbase End Week In The Green After CFTC Move
Robinhood (HOOD) and Coinbase (COIN) ended the week’s final session in the green, with Robinhood’s stock leading the move as US regulators took steps that could expand the local market for crypto derivatives. Shares of Robinhood rose sharply, jumping about 11% on the day to close around $94 per share, which also marked the highest…
Buy Side Explodes: XRP Liquidity 7x Heavier Than Sells On Coinbase
Traders watching Stellar’s 40% weekly surge are now turning their attention to XRP, asking whether the older and larger token could be next. The two assets share a long history of moving in tandem, and some analysts say the setup is starting to look familiar. XRP And XLM: A Recurring Pattern Analyst Kevin Cage pointed…
The Bitcoin Billion-Dollar Dump: Here’s Why The BTC Price Keeps Crashing
Crypto pundit Ardizor has alleged that several crypto firms appear to be dumping Bitcoin, which is why the BTC price keeps crashing. The leading crypto had crashed over the weekend but is now recovering on hopes of a U.S.-Iran deal. Why The BTC Price Keeps Crashing In an X post, Ardizor stated that the BTC…
Bitcoin Falls Below $80,000: Coinbase Sellers To Blame?
Data shows the Bitcoin Coinbase Premium Gap has plunged into the red zone alongside the latest drop in the BTC spot price below the $80,000 level. Bitcoin Has Retraced Some Of Its Recent Price Recovery Bitcoin saw recovery surges above $82,000 on Sunday and Monday, but these spikes failed to set the tone for the…
Previous Bitcoin’s Market Top Was Hidden Behind Sophisticated Whale Distribution — Analyst Explained
The previous Bitcoin market top may not have been marked by a dramatic crash or obvious sell signal, but by a highly coordinated, sophisticated wave of whale distribution. While most participants were driven by optimism and bullish conviction, large holders were quietly offloading positions in a way that blended seamlessly into normal market activity. How…
Barclays Turns Bearish On Coinbase Following Q1 Woes, Slashing Price Target To $107
Coinbase (COIN) opened the quarter with a rough financial showing. After the exchange reported major losses in its first-quarter earnings, Barclays responded by cutting its price target for COIN, while Bank of America trimmed its target more modestly. Two Wall Street Takes On Coinbase Barclays lowered its Coinbase price target to $107 from $140, maintaining…
Here’s How Much Of The XRP Supply That ETFs Now Control
Institutional demand for XRP is slowly creeping back in recent days. Inflows into Spot XRP ETFs in the US are picking up pace, even with price action still subdued under $1.4. Notably, the latest ETF data shows that a measurable portion of the token’s circulating supply is already being absorbed by these investment vehicles. ETFs…
Bitcoin Supply Map Reveals Key Support And Resistance Zones – Analyst
According to market analyst Darkfost, Bitcoin’s price-based supply distribution is revealing critical zones that could define the asset’s near-term trajectory. This latest piece of important on-chain data is offering a clearer picture of where the market may be headed next, following the positive price action observed in early April. 61% Of BTC Supply In Profit…