Tag: Bitcoin

Google warns Bitcoin encryption could break with fewer quantum resources than expected

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As quantum computing advances, the cost of attacking Bitcoin may drop sharply. In a new analysis, Google warns that crypto assets such as Bitcoin and Ethereum could be vulnerable to quantum attacks much earlier than previously estimated. The study shows that quantum machines running Shor’s algorithm could solve the 256-bit Elliptic Curve Discrete Logarithm Problem (ECDLP) securing most blockchains with fewer qubits and gates. Google researchers estimate that 1,200–1,450 logical qubits and 70–90 million quantum gates could break Bitcoin’s 256-bit encryption in minutes, executable on less than 500,000 physical qubits…

Bitcoin Price Rebounds, But Weak Momentum Caps Further Gains

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Bitcoin price started a recovery wave above $67,000. BTC is now consolidating below $68,500 and might struggle to continue higher. Bitcoin started a recovery wave above $67,000 and $67,500. The price is trading above $67,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $67,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,500 and $68,800 levels. Bitcoin Price Attempts Recovery Bitcoin price extended losses…

Record-high Oil Prices May Precede Bitcoin Price Crashes

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Historical data shows Bitcoin bear markets deepening when oil prices rally to record highs. Will Monday’s $105 WTI price lead to a BTC crash? Key takeaways: $105 WTI crude often triggers Bitcoin price corrections, with history showing a 14% to 27% sell-off within weeks. The BTC to oil correlation remains uncertain as events like Mt. Gox and the Terra-Luna collapse likely deepened previous crypto bear markets. Oil prices surged to $105 on Monday, reaching their highest level in nearly four years. Historically, this specific threshold has aligned with major Bitcoin…

Senators File Bill to Manufacture More Bitcoin Miners in US

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Two US Republican senators have introduced the “Mined in America Act” in an attempt to bring more Bitcoin mining manufacturing back to the US and codify US President Donald Trump’s executive order to establish a Strategic Bitcoin Reserve. Introduced by US Senators Bill Cassidy and Cynthia Lummis on Monday, the new bill seeks to create a voluntary “Mined in America” certification for crypto mining facilities and mining pools. Certified facilities would be required to phase out mining equipment manufactured by companies tied to “foreign adversaries,” and support the domestic manufacturing…

Bitcoin Eyes $71K As Bid-Side Pressure Builds Near Range Lows

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Bitcoin (BTC) data flashed a rare bid-side imbalance when it traded below $65,000 on Sunday. The bid-ask ratio showed strong buying pressure across multiple depth levels, which may have confirmed a short-term bottom for BTC price.  With more than $1.6 billion in short leveraged positions at risk of liquidation near $71,000, the setup centers on the possibility of a relief rally if BTC can hold above $66,700 on the daily chart.  Bitcoin bid-ask imbalance meets market structure change Data from Hyblock captured a sharp bid-side skew near $65,000 on Sunday.…

Bitcoin Unlikely to Hit New Highs in 2026, Traders Say

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It could be more than a year before Bitcoin regains its all-time high of $126,100, recorded in October last year, according to veteran trader Peter Brandt. “I do not see a new price high in 2026,” Brandt told Cointelegraph. “Not until maybe the second quarter of 2027,” he said, though he also acknowledged that “this is all guesswork.” Pundits on the crypto prediction platform Polymarket are similarly pessimistic, giving just a 15% chance that Bitcoin will reclaim $120,000 in 2026. Prediction market on “What price will Bitcoin hit in 2026?”…

Bitcoin, Altcoins Turn Down As Traders Cut Positions, Evade Risk

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Key points: Bitcoin’s recovery is expected to face selling near $69,000, but if the bulls prevail, a rally to $74,508 is possible. Most major altcoins remain below their resistance levels, indicating that the bears continue to exert pressure. Bitcoin (BTC) rose above $68,000, but the bulls are struggling to sustain the higher levels. Sellers are expected to exert pressure to achieve a negative monthly close in March. That will result in six consecutive months of losses for the first time since the 2018 bear market.  Analysts remain increasingly bearish on…

$53M Bitcoin Short On Hyperliquid Hints At Traders’ Risk-off View

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Key takeaways: A Hyperliquid whale’s $53 million Bitcoin short and its bets against silver suggest a cautious outlook for global markets. Traders remain on edge as the US and Israel-Iran war and upcoming US jobs data drive risk-averse behavior this week. Bitcoin (BTC) price recovered from Sunday’s $65,000 low but failed to hold ground above $67,000 on Monday, tracking the modest intraday losses seen in the S&P 500 Index. Despite initial decoupling signs favoring Bitcoin, a whale recently opened a massive $53 million BTC short position on Hyperliquid. With a…

Senator Lummis, Cassidy introduce Mined in America Act to support the Strategic Bitcoin Reserve

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Senators Cynthia Lummis and Bill Cassidy have introduced the bipartisan Mined in America Act to strengthen US digital asset infrastructure, according to a March 30 announcement, building on earlier efforts to position the country as a global crypto hub. The bill codifies Donald Trump’s Strategic Bitcoin Reserve and establishes a voluntary certification framework for domestic mining operations. Under the proposal, certified facilities would be required to phase out hardware tied to foreign adversaries, while gaining access to existing federal energy and rural development programs to support the transition. New details…

Square auto-enables Bitcoin payments for US sellers with zero fees through 2026

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Square has begun rolling out automatic Bitcoin payments to eligible U.S. sellers, enabling businesses to accept Bitcoin at checkout with no additional setup required. Automatically enabled bitcoin payments are rolling out to eligible U.S. Square sellers. Start accepting bitcoin that instantly converts to cash at checkout, with no additional setup. → 0% processing fees through 2026→ Near-instant settlement→ No need to hold bitcoin Learn… pic.twitter.com/rnrPI0KbHE — Square (@Square) March 30, 2026 The feature is turned on by default, marking a shift from opt-in crypto payments to embedded functionality across the…