Opinion: Quantum computing may put some bitcoins thought to be lost forever back into circulation
According to Odaily Planet Daily, the advancement of quantum computing technology may redefine the traditional concept that lost Bitcoin coins cannot be recovered. Some wallets that were generated early and abandoned for a long time may be at risk due to quantum computing breaking through old encryption technology.This may allow some bitcoins that were thought to be permanently lost to circulate again, thus changing the scarcity narrative. Although Bitcoin developers can protect active wallets through protocol upgrades, old wallets may be more vulnerable to future attacks, posing a new test for Bitcoin network security.
New version of the International Anthem: Unite and buy back Bitcoin for me, the poor must rise and take action, the old world is gold and oil, the new world is Bitcoin, the poor must no longer be confused, if you have Bitcoin, good days will prosper, you must follow the rich! Remember, the rich have very good brains! Just for this reason, resolutely follow the rich! 😀😀😀
The International: Rise up and take back Bitcoin, the poor must rise and move, the old world is gold and oil, the new world is Bitcoin, is Bitcoin, no more confusion, if you have Bitcoin, good days will come, you must follow the rich! Remember, the rich think very well!
唐哥聊加密
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The Federal Reserve announces it won't hoard BTC, and the crypto market is in turmoil! Has the bull market expectation for 2025 collapsed? Hawkish Powell makes a strong statement, the Federal Reserve directly states: 'We do not touch Bitcoin, nor do we change the rules!' The market instantly goes wild, Bitcoin struggles to hold above the $100,000 mark while Ethereum plummets 6%, retreating to the $3,600 range. Market sentiment drops from 'extreme greed' to 'greed', retail investors are no longer impulsively buying in, top analysts assert: 'The optimistic expectations for 2025 may just be an illusion!' Interestingly, long positions have surged to over 50%, everyone is betting on a rebound, and if the bears can't hold up against $105,900, a $1 billion short position will be liquidated! Don't be blinded by short-term fluctuations, Brother Tang teaches you to lock in your targets, advance step by step, and witness the explosion of wealth with a smile! Follow Brother Tang, and take you from confusion to freedom!
Get up and take the Bitcoin back for me, the poor need to rise and take action, the old world is gold and oil, the new world is Bitcoin, is Bitcoin, do not be confused anymore, if you have Bitcoin, good days will come, you must follow the rich! Remember, the rich have good brains!
The number of BTC held by Fidelity FBTC is close to surpassing Grayscale GBTC
According to Odaily Planet Daily, HODL15 Capital monitoring shows that the number of BTC held by Fidelity FBTC has reached 207,670, soon to surpass Grayscale GBTC's 209,100, with only a difference of 1,430.
It depends on your own values, either go long or go short, take one 🤔
Titantong
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Bearish
#加密市场回调 #比特币战略储备 Powell's words have defeated many people who expected the market to rise. Many people expected the market to rise, but the market fell. The market has also changed from bullish to bearish. It is not the right time to buy now. Wait a little longer.
Unexpectedly, a bunch of counterfeit money was used to scam Bitcoin🤔
Shock牙医 目标1000W
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Someone asked which is more reliable, USDT or USDC?
Those in the know understand that USDC is more reliable, being regulated by the U.S., with two auditing firms publishing audit information, and it has always been more transparent, with the goal of being listed. However, not many people in the country are aware of this. 1. Because USDT came earlier and is used more widely, most people are unaware of this information; everyone uses it anyway and only accepts that. 2. Due to regulatory reasons, USDC has been unable to collaborate with domestic exchanges, resulting in a lack of distribution for USDC. Therefore, USDC is more popular on exchanges in North America. Coinbase basically only supports USDC. I looked at USDT's audit report; it is essentially just a PDF they created themselves, stating that their equivalents are what they are, where the money is stored, and how it is distributed, but no one knows. However, as long as there is no run on the bank, USDT can maintain this situation indefinitely. But if one day explosive news breaks, it would be hard to say.
If Bitcoin can't handle a single sentence, then Bitcoin itself is the biggest joke🤔
摸高校尉
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$BTC Powell said that it is normal for the Federal Reserve not to allow ownership of Bitcoin. After all, its powers are granted by Congress, and it exercises its powers within the existing legal framework. Whether Bitcoin will become a national reserve is decided by Congress, and when the time comes, it can be passed by vote and the law can be amended.
Indeed, the volatility is too high, the leader jumps up and down with a price that is as unstable as a fart, I suggest renaming Bitcoin to 'Fartcoin' 🤔
区块链秋先生
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“The Federal Reserve cannot hold Bitcoin!” Powell's statement caused severe market turbulence Federal Reserve Chairman Jerome Powell made it clear on Wednesday that the Fed does not intend to participate in holding Bitcoin or other cryptocurrencies. After the Federal Open Market Committee (FOMC) meeting, Powell pointed out that U.S. law prohibits the central bank from holding Bitcoin or any form of cryptocurrency. He emphasized that the functions and authority of the Fed do not include investments in the cryptocurrency space, and any such changes can only be made through Congress, but the Fed itself is not seeking such changes. This statement comes after the Fed announced a 25 basis point interest rate cut, with the market's reaction to the cut being significant, leading to Bitcoin's price continuing to decline, currently trading near $100,000. Powell's statement also responds to the proposal of a “U.S. Bitcoin Strategic Reserve” put forth by President-elect Donald Trump. Trump suggested using 200,000 seized Bitcoins to establish a national reserve, promoting the U.S. leadership in the global cryptocurrency space. Although this proposal is still in its preliminary stages, Trump has indeed been a strong supporter of cryptocurrencies and actively promoted government advocacy related to it. However, from the Fed's perspective, Powell reiterated that Bitcoin's extreme volatility makes it far from viable as a stable reserve currency. Historically, Powell has maintained a skeptical attitude towards Bitcoin, believing its volatility is too high to serve as a reliable monetary tool. As Bitcoin's price continues to soar, but market uncertainty remains, how investors and regulators respond to the development of this emerging asset class is worth continued attention. Want to keep up with these important dynamics in the crypto market? Follow Mr. Qiu to uncover the truth behind it all!
If Bitcoin can't handle a single sentence, then Bitcoin itself is the biggest joke🤔
鏈新聞 Abmedia
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The ongoing topic of Bitcoin reserves! U.S. Federal Reserve Chairman Powell: The Fed is not allowed to hold Bitcoin and other crypto assets
U.S. Federal Reserve Chairman Jerome Powell responded to reporters' questions about Bitcoin reserves during a press conference on 12/18. He cited the Federal Reserve Act, stating that the Fed is not permitted to hold Bitcoin and currently has no plans to amend this law, as any changes would require a decision from the U.S. Congress, which is beyond the Fed's jurisdiction.
Reporter questions the possibility of Bitcoin reserves, Powell: 'Not in accordance with the Federal Reserve Act'
When opening the floor to questions from reporters, Powell was asked whether the Fed might establish Bitcoin reserves in light of the trend of some countries around the world gradually shifting their cryptocurrency policies. However, Powell stated that the Fed's responsibility is to act according to existing laws, and according to the Federal Reserve Act, the Fed is not allowed to hold Bitcoin or other crypto assets. He emphasized that this issue should be decided after deliberation by the U.S. Congress.
If Bitcoin can't handle a single sentence, then Bitcoin itself is the biggest joke🤔
虾币币的比特世界
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The major market decline is primarily due to news, as Federal Reserve Chairman Powell stated that the Fed has no intention of holding Bitcoin. The market has overinterpreted this. To understand American institutions, the Federal Reserve itself is the institution that issues and manages the dollar; the dollar, interest rates, and U.S. Treasury bonds are the main objects managed by the Fed. Historically, it has never held any physical assets, nor has it held gold.
As for reserve assets, that is a matter at the national level, it is the Treasury's concern, and it has nothing to do with the Federal Reserve. Powell is right; if it’s not their business, why should they take it on? If the Federal Reserve could decide to hold Bitcoin as a reserve, they could just as easily decide to hold quality real estate the next day, and that would be chaotic. The adjustments of BTC and BNB have provided a good opportunity to buy in the latter half of the bull market.
If Bitcoin can't handle a single sentence, then Bitcoin itself is the biggest joke🤔
加密 昌健
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Why is the market falling? Can we buy the dip now?
Affected by Powell's hawkish speech, gold prices fell below $2600, and the S&P 500 index recorded its largest single-day drop since 2001. Bitcoin fell more than 5% in 24 hours, almost dropping below $100,000, and Ethereum's lowest price reached $3,618. Altcoins are generally following the market's pullback, with an overall decline of around 15%. Last night I noticed that large holders were selling off, and I informed everyone in the member group to reduce their positions immediately; the members are ready to buy the dip.
This morning I updated several dip-buying projects and price points in the group; everyone can place orders in advance and buy in batches.
If Bitcoin can't handle being summed up in one sentence, then Bitcoin itself is the biggest joke 🤔
百币精
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Powell's remarks were like a boulder thrown into a lake, instantly stirring up layers of waves, plunging the entire cryptocurrency circle into an endless abyss. Originally, the announcement of U.S. interest rates was like a ray of dawn, bringing some hopeful news. However, half an hour after the interest rates were announced, Powell's speech was like a heavy bomb—'We do not allow the holding of Bitcoin.' This simple statement instantly evaporated the wealth of many investors, resulting in heavy losses, and the cryptocurrency circle was thus shrouded in gloom. In the wake of this black swan event, the market seems to be in trouble, but in reality, it hides opportunities; this may be the best entry point before the next bull market begins. As I pointed out in a previous article, the market before Christmas often struggles to show a strong upward trend. Historical data shows that during this time each year, the market is mostly characterized by a downward trend or a volatile 'flea market' pattern. The truly grand market movements are likely to gradually unfold between February and April next year, at which point the market may welcome a grand celebration, offering substantial returns to prepared investors.
If Bitcoin can't handle being summed up in one sentence, then Bitcoin itself is the biggest joke 🤔
芒果Crypto
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In the early hours, the measures taken by the Federal Reserve Chairman (the term 'pimp' here is inappropriate and contains offensive language, and can be understood as a teasing nickname) and his non-cooperative attitude towards Trump (Old Trump) will inevitably not go unnoticed by Trump.
BitMEX co-founder Arthur Hayes made statements on social media saying that the Federal Reserve Chairman is not as cooperative with Trump as he is with Biden.
But this is not a big deal, because Treasury Secretary Scott Bessent, nominated by Trump, will serve as a counterbalance to the Federal Reserve Chairman just like Yellen.
The measures taken by Trump's team that do not rely on the Federal Reserve's money printing are as follows: First, terminate the conservatorship status of Fannie Mae and Freddie Mac;
Second, prompt the depreciation of the dollar relative to gold;
Third, relax the supplementary leverage ratio (SLR) exemption rules.
If you want to delve deeper into the crypto space but can't find a clue, and want to quickly understand the information gap, whether it’s contracts or spot, you can 👉 check out more in my profile #圣诞行情预测 #加密用户突破1800万
If Bitcoin can't handle being summed up in one sentence, then Bitcoin itself is the biggest joke 🤔
udaydayup
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Bao can talk, it seems that Trump's dual chairmanship is going to fall through, and before even taking office, he has already been jumping around in front of Bao $BTC $ETH
If Bitcoin can't handle being summed up in one sentence, then Bitcoin itself is the biggest joke 🤔
塔可
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Bullish
#BTC☀
《Hanging Sword - Federal Reserve Data Approaches》
Market sentiment has been sluggish for more than half a month, influenced on one hand by Christmas and New Year's, and on the other hand by a gripping piece of news regarding the Federal Reserve's interest rate decision, which will affect the overall market trend.
As of December 18, the previous Federal Reserve interest rate in the U.S. was 4.75%, the market expectation was 4.5%, and the announced value was 4.5%, which is favorable.
Now that the interest rate has aligned with the expected decrease of 25 basis points, we can patiently wait for the market rebound; even if it doesn't rise, it won't fall significantly, and the market will come back. Remember, do not cut your losses.
Taco's reliability is not just self-proclaimed; it is the consensus of many fans and friends. During the toughest times when the market needs Taco the most, Taco is always there. Now, we just need to patiently wait for Taco to update the position for reducing holdings. Grateful for every encounter.
If Bitcoin can't handle being summed up in one sentence, then Bitcoin itself is the biggest joke 🤔
Beryl2
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Powell's speech at dawn caused the crypto market to crash instantly! Reasons revealed
At 3 a.m. today, Federal Reserve Chairman Powell's speech triggered a significant upheaval in the global financial markets, especially a sharp decline in the crypto market, leading to a drastic drop in the prices of cryptocurrencies like Bitcoin 📉💥.
Key points from Powell's speech He emphasized that the Federal Reserve is confident in returning inflation to a target of 2% in the future, despite facing uncertainties, and that the tightening monetary policy has already shown initial results 💪. Meanwhile, the labor market has cooled from an overheated state, with the unemployment rate rising to 4.3% 📊. Powell also stated that future interest rate cuts will be adjusted based on economic data and outlook 📅.
Market reaction📅 Powell's speech led to a general rise in the stock market 📈, but the cryptocurrency market experienced a significant drop, especially Bitcoin, which even caused some trading platforms to suspend withdrawals and crash ⚠️.
Market reasons😱 This crash, in addition to the Federal Reserve's policy signals, was also influenced by structural issues in the market, excessive leverage in cryptocurrencies, and the SEC's investigation into crypto platforms, among other factors 🔍💣. These factors collectively intensified market panic 😱.
Future outlook🌐 Although cryptocurrencies face uncertainties and regulatory pressures, their potential remains enormous 🚀. The application prospects of blockchain technology in various fields are worth looking forward to 🌐. Investors need to remain rational and adapt to market fluctuations and uncertainties 🤔💡.