Acum 4 h
Financial Times Column Calling Bitcoin Worthless Triggers Industry Pushback
A sharply critical opinion column by Jemima Kelly in the Financial Times, titled "Bitcoin is still about $70,000 too high," argued that Bitcoin is ultimately headed to zero, shortly after the asset fell toward $60K and then traded around $70K. Many cryptocurrency investors treated the article as a contrarian signal and used it as a cue to buy the dip, openly mocking the publication's stance and questioning its relevance. Community comments suggested that such mainstream declarations that Bitcoin is "dead" are being interpreted by some as a bullish indicator rather than a warning.
BTC
BTC-1.03%
Acum 4 h
Acum 4 h
Lyn Alden Sees Fed Moving to Slower Balance Sheet Growth in Line With Nominal GDP
Economist Lyn Alden argues that the Federal Reserve is shifting away from aggressive interventions toward a steadier balance sheet expansion linked to nominal GDP or total bank asset growth. She believes this gradual approach will still debase the currency over time while supporting asset prices in a more controlled way, as investors track money supply trends, rate-cut odds and leadership changes including Kevin Warsh's nomination to succeed Jerome Powell before his term ends in May 2025.
LYN
LYN+7.19%
Acum 4 h
Acum 4 h
CoinShares Analysis Says Quantum Computing Threat to Bitcoin Is Largely Exaggerated
CoinShares Bitcoin research lead Christopher Bendiksen argues that concerns over quantum computers breaking Bitcoin are overstated, as only a small portion of the 1.63 million BTC analyzed sits in addresses with exposed public keys. He estimates that 10,230 BTC are in wallets theoretically vulnerable to quantum algorithms, while most holdings would take over a thousand years to crack even under optimistic assumptions. The debate in the Bitcoin community continues, with some experts calling quantum an existential risk and urging early upgrades to post-quantum signatures.
BTC
BTC-1.03%
Acum 4 h
Acum 5 h
Ethereum Price Stalls Below $2,120 Resistance as Traders Weigh Breakout and Downside Risks
Ethereum has rebounded from support above $1,880 and is attempting to extend its recovery after trading back over $2,000. The ETH price remains capped under the $2,110–$2,120 resistance zone and the 100-hourly Simple Moving Average, with key hurdles also seen near $2,200 and $2,240. A failure to clear these levels could trigger another decline toward $2,000, $1,880, or even the $1,750–$1,720 support region.
ETH
ETH-2.85%
Acum 5 h