The Bitwise Bitcoin ETF is an exchange-traded fund that gives investors access to Bitcoin through a traditional investment vehicle. The fund is managed by Bitwise Asset Management and invests directly in Bitcoin, allowing investors to benefit from the cryptocurrency without the complexities of direct ownership.
Key Features of the Bitwise Bitcoin ETF: Professional Management: Relies on Bitwise’s expertise in managing digital assets.
Ease of Access: Available through traditional brokerage accounts, making it suitable for investors.
Security: Relies on institutional custody solutions to protect assets.
According to Cointelegraph, the advent of quantum computing poses a significant threat to the security of cryptocurrencies. This emerging technology could potentially compromise the cryptographic systems that protect digital assets, turning a seemingly distant threat into a pressing concern.
Recently, Google introduced its latest quantum chip, Willow, which can solve complex problems in mere minutes—tasks that would take traditional computers an unfathomable amount of time, estimated in septillions of years. This advancement underscores the rapid progress in quantum computing, raising alarms about its potential to break the Elliptic Curve Cryptography that secures most cryptocurrencies, including Bitcoin.
Industry experts caution that the timeline for quantum supremacy, where quantum computers surpass classical computers in capability, is approaching faster than anticipated. John Lilic, executive director of the Talos Foundation, highlights the risk, stating that once confidence in the public-private key infrastructure is undermined, the value of digital assets could plummet rapidly.
The challenge lies in the exponential growth of quantum technology, which makes it difficult to predict and prepare for its impact. Fabrizio Romano Genovese, a computer scientist and expert in quantum mechanics, explains that exponential processes often appear dormant until they reach a critical point, at which everything changes swiftly.
The pressing question remains: how soon could quantum computers realistically crack Bitcoin's encryption? While the exact timeline is uncertain, the potential threat is undeniable. As the technology continues to evolve, it is crucial for investors and stakeholders in the cryptocurrency space to stay informed and take proactive measures to protect their digital assets.
The cryptocurrency market is expected to witness significant developments in 2025, with a focus on innovation and expansion.
Bitcoin will continue to grow after crossing the $100,000 barrier, with expectations of reaching $150,000-180,000, supported by institutional adoption and the launch of ETFs. Ethereum, on the other hand, will benefit from the Ethereum 2.0 upgrade and the increasing popularity of decentralized finance (DeFi), with its price estimated to range between $2,670 and $6,660.
Tokenization of real-world assets such as real estate and art will open up billions of dollars of illiquid assets, enhancing liquidity and ease of trading. At the same time, the market will see increasing integration of artificial intelligence and cryptocurrencies, providing greater security and advanced user experiences.
On the regulatory side, changes in laws and the election of pro-crypto leadership may contribute to improving the legislative environment, which will encourage market expansion and increased institutional adoption. DeFi platforms and stablecoins will also continue to offer innovative financial alternatives that combine the traditional world with cryptocurrencies.
With these developments, the cryptocurrency market is expected to become more attractive and innovative, creating significant opportunities for investment and growth.
Digital expectations for the price of BIO coin: Knowing that this project is one of the most important projects and is interested in biological sciences, the pharmaceutical industry, and genetic and genetic data. --- $BIO 1. Expected price upon launch:
$0.10 - $0.20 (estimated based on the average prices of similar currencies at the beginning of their listing).
--- 2. During the first month (short-term):
Optimistic: $0.25 - $0.30 (increase by 25%-50%).
Moderate: $0.12 - $0.18 (slight increase by 10%-25% or relative stability).
Negative: $0.08 - $0.09 (decrease by 10%-20%).
---
3. After 3-6 months (medium term):
Optimistic: $0.40 - $0.60 (2-3x increase if the project proves itself).
OI or Open Interest is a common term in cryptocurrency analysis, referring to the total number of open or pending contracts in the Futures and Options markets that have not yet been settled. This indicator reflects the market activity and liquidity related to these contracts.
Importance of OI: Measuring activity and momentum:
A rising OI with an increase in price indicates strong upward momentum and new money entering.
A falling OI with an increase in price may indicate a decline in momentum and a lack of support from traders.
Trend analysis:
Helps understand whether the market is in an uptrend or downtrend, based on financial flows and the number of new contracts.
Volatility prediction:
A significantly high OI may increase the likelihood of market volatility, especially when large positions are liquidated.
How is it used? OI is usually analyzed with other indicators, such as volume and prices, to provide a comprehensive view of the state of the market and the potential for its future movements. An increase in OI is often considered a positive sign of market activity, while a decrease in OI may indicate a lack of interest or an exit by traders.
In short, Open Interest is an important tool for understanding liquidity and momentum in cryptocurrency markets, and is used to anticipate future movements and analyze trader behavior. #ReboundRally
0.02277997 $BIO This is what you will get per day for every 100 $FDUSD You lock in the last launch These numbers are subject to change depending on the locked funds and the distribution percentage if it changes
BIO Protocol is a new decentralized financial layer for science that aims to accelerate the flow of capital and talent towards on-chain science. The protocol aims to catalyze an on-chain economy for scientific communities (BioDAOs) and create deep, liquid, and efficient markets for scientific intellectual property developed by these communities.
Protocol Objectives:
Organization, Creation, and Acceleration: Organize, create, and accelerate new BioDAOs to finance on-chain science. Sustainable Financing and Liquidity: Provide sustainable financing and liquidity for BioDAOs and biotech assets on-chain. Framework Standardization: Standardize BioDAO frameworks, token economy, and datasets/products. IP Generation and Commercialization: Generate and commercialize intellectual property and scientific data. #ChristmasMarketAnalysis
Bitcoin is bullish for the long term, thanks to its limited supply, growing adoption by institutions like BlackRock, and its role as a hedge against inflation. The upcoming halving event in **2024** could lead to a supply shock and higher prices. The network is robust with a high hash rate and technologies like **Lightning Network**, but strict regulations and competition from other currencies pose challenges. In the short term, volatility continues due to economic and regulatory factors, but long-term investing looks promising. Using strategies like **periodic buying** helps reduce risk and take advantage of market movements.
I think this is an acknowledgement of digital currencies.
Binance News
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USDC Treasury Mints 50 Million USDC on Ethereum
According to PANews, Whale Alert has reported that the USDC Treasury minted an additional 50 million USDC on the Ethereum blockchain today at approximately 20:07 UTC+8.
1. Buy During a Market Correction: Advantages: Opportunity to buy assets at low prices. Use Dollar Cost Averaging (DCA) strategy to reduce risk. Potential for long-term profit if the market recovers.
Cons: Risk of continued decline after purchase. Difficulty in predicting market timing.
2. Hold During a Market Correction: Advantages: Avoid the stress of timing the market. The market usually recovers in the long run. Tax efficiency by avoiding short-term taxes.
Cons: Missed opportunities to buy at low prices. May face short-term losses before the recovery.
Which strategy to choose? Buy: If you are willing to take risks and believe the market will recover, you can buy assets at low prices. Hold: If you are a long-term investor and believe the market will recover over time, holding is the best option to avoid stress.
Conclusion: Buying may be appropriate if you want to take advantage of low prices, while holding is the better option if you are a long-term investor and do not want to react to market fluctuations. #BTCNextMove
The next burn will be on the 30th of this month, where 1,643,856.37 BNB will be burned, equivalent to about $1 billion, which means that the currency will increase by about 3% (this is without new purchase requests), but what is happening is a much higher price increase due to the media hype, so it is an opportunity for gains with less risk $BNB
The term "new hype" in the cryptocurrency market refers to a situation or phenomenon in which a new cryptocurrency or technical project is widely promoted, leading to increased interest and media hype around it. This can happen due to multiple factors such as:
New project launch: When an innovative project with unique features or new technology is launched. Support from well-known figures: If celebrities or influencers announce their support for the currency or project. Rumors or positive news: Such as new partnerships or adoption by major companies. A sudden rise in price: This leads to attracting the attention of investors and speculators. The effect of the hype: Positive: It can lead to an increase in market value and increased acceptance. Negative: If the "hype" is not supported by strong fundamentals, it can lead to price bubbles that end in a sudden decline. Therefore, it is always advisable to be cautious and not get carried away by the "hype" without a thorough analysis of the fundamentals and technologies behind the project.
VANA Project Analysis and Expected Price of the Coin
Nature of the project: - Specialization: Artificial intelligence and integration of blockchain technologies. - Market size: AI projects related to cryptocurrencies are gaining increasing attention. - Target market: Users who focus on protecting their data, as well as AI researchers.
Comparison with similar projects: - Projects such as Fetch.ai (FET) and SingularityNET (AGIX), also work on integrating AI with blockchain. - The current market value of these projects ranges from $50 million to $500 million depending on the market situation.
Expected Market Value:
As a small AI project: - Market value after launch can start between $10-100 million - Let's take three different scenarios:
1. Conservative scenario ($10 million): The coin price will be $0.083
2. Average scenario ($50 million): The price will be $0.41
3. Optimistic scenario ($100 million): It will be at best $0.833 at launch
Avoid trading in cryptocurrencies at the following times:
1. During major news or high volatility:
When influential economic or political news is released, such as inflation reports, bank interest decisions, or news related to cryptocurrencies themselves.
These times witness significant fluctuations that may lead to losses if you are not sufficiently informed.
2. During weekends:
Traditional markets are closed, which reduces liquidity and increases volatility. Unexpected price movements may occur during these periods.
3. Times of low liquidity:
When liquidity is low, it may be difficult to enter and exit trades at a good price.
4. When the market is in a state of consolidation:
If the price is moving within a narrow range without a clear direction, it is better to avoid trading to reduce the chances of loss.
5. When feeling hesitant or emotional:
If you are nervous, afraid, or impulsive, you may make irrational decisions. Trading should be based on a clear strategy and a prior plan.
6. ICO or Breakout Events:
Some events can be unexpected and difficult to estimate their impact on the market, so it is better to wait until things stabilize.
Additional Tips:
Stick to a clear trading plan.
Use technical and fundamental analysis to determine the best times.
Cryptocurrency News for Today 12-12-2024 1. South Korea's Financial Supervisory Service Opens a Comprehensive Investigation into Possible Price Manipulation of Move with CoinOne.
2. Solana Network Developments Solana announced the integration of the Definitive DeFi protocol into its ecosystem, a protocol that features efficient decentralized trading services, such as smart routing orders and zero-fee swaps. This move is expected to boost the efficiency of the Solana network.
3. Crypto Assets Compete with Gold Bitcoin funds have reportedly surpassed gold assets in terms of market capitalization, indicating a growing interest in cryptocurrencies compared to the precious metal.
4. Google and Blockchain Technology Google has unveiled a new quantum computing chip, raising questions about its impact on the security of cryptocurrencies, especially Bitcoin.