🧠 Google just announced their Willow quantum processor hit 105 qubits. Should Bitcoin holders be worried?

Well, cracking Bitcoin’s encryption would take 200 to 400 million qubits. Plus, post-quantum algorithms will likely be added to the BTC protocol long before quantum computers pose a real threat.

So, should you be concerned? Not really, at least for now. But yeah, keeping an eye on quantum tech is probably a good idea.
#GoogleCrypto $BTC

Tether's USD₮ has been recognized as an Accepted Virtual Asset (AVA) by the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM).

This approval allows licensed entities in the region to offer services related to USD₮, enhancing the UAE's leadership in digital asset innovation and fostering collaboration in the Middle East.

#Usdt #Baitu

USDT on Aptos Now Supported: Enjoy Zero-Fee Withdrawals
Nov 22, 2024
In a move to enhance user experience and deliver better services, Bybit will support Tether (USDT) on the Aptos blockchain. At the same time, Bybit will support the Gas-Free Carnival Event by Aptos, and offer zero withdrawal fees for USDT.
#AptosToTheMoon

#Open AI new Project launch
Despite recent legal challenges, OpenAI continues to assert its dominance in the field of artificial intelligence (AI) with the launch of two new products. According to the company’s CEO, Sam Altman, the two products, O1 and ChatGPT Pro, mark a new step in OpenAI’s transformation journey towards a for-profit operating model.

Expanding the OpenAI product ecosystem

Sam Altman said that O1 is a large language model (LLM) designed to be the fastest in the world today. He emphasized that this product is not only superior in speed but also integrates many advanced features, including multi-modal processing capabilities.

#AiNarratives

Google searches for Bitcoin have achieved a 2-year high as its price soared to a record $89,500, reflecting heightened global interest.

This spike follows Donald Trump’s election win, which boosted market sentiment with his pro-crypto policies, including a proposed national Bitcoin reserve.

📺$BTC

The BTC Fear and Greed Index has hit its highest levels since March of this year. Historically, Bitcoin corrections have often followed prolonged periods in the "Extreme Greed" zone (75-100).

In February 2021, the index peaked at 95, with Bitcoin surging to $64,000 by April, only to crash to $30,000 within the next three months.

📺#BTCNear82k #FearIndex

🗺 What do I love most about Web3? The opportunities. Experts, devs, enthusiasts can easily find growth opportunities here.

One great example of these opportunities is the grants offered by ETHGlobal. These grants support developers with innovative ideas and provide financial backing, along with access to major Web3 ecosystems.

Also, remember 1inch? They received a grant at a New York hackathon for their DEX aggregator solution—and now they're a billion-dollar company...
#Web3Eco

💸 Apparently, Trump aims to make the US the global capital of crypto and create a strategic Bitcoin reserve.

Let’s think of the best-case scenario for a sec.

If the US starts buying BTC on a large scale, other countries will be forced to follow. Imagine where this increasing demand for a limited-supply asset will lead.
We are on the brink of global changes. It's exciting and a little scary.

🆙 Oh yes, speaking of big moves, have you seen that epic surge in meme tokens?
#Trump47thPresident

SEC Faces Binance’s Countermove:

Binance and Changpeng Zhao are pushing back against the SEC, calling for the dismissal of its lawsuit. Their attorneys argue the regulatory approach is vague, unfairly choosing "winners" and "losers" in the industry.

Can Binance’s legal team secure a breakthrough in this battle?

#USElections2024Countdown #SECCryptoAccounting

💀 Rumors of Ethereum’s demise are exaggerated. Remember that price =/= tech. In fact, it’s a terrible metric for gauging influence and adoption in the short term.

Ethereum still dominates the Web3 space, with EVM chains and L2s exploding in number and users. It’s still the #1 set of technologies for decentralized computation.

Sure, there’s a lot of activity going on elsewhere – and that’s great. More competition means better technology overall.

Ethereum remains a hugely important part of the crypto world.
#USElections2024Countdown #EthereumWhitepaper

https://app.binance.com/uni-qr/cart/15651397461001?r=930471544&l=en&uco=MaWJD8C2Dtut0Wx6yGhIbA&uc=app_square_share_link&us=copylink

Legal & General (L&G), managing $1.5tr in assets, is planning to enter the blockchain-based tokenization space.

The firm is evaluating ways to offer tokenized versions of its Liquidity funds, aiming to improve efficiency and expand access to investments.

#tokenization #L&G

DBS Bank, Singapore's largest bank, has introduced "DBS Token Services," offering blockchain-based solutions for institutional clients.

The service integrates tokenization and smart contracts with the bank’s existing infrastructure, enabling features like Treasury Tokens for multi-currency settlements, Conditional Payments for improved payment workflows, and Programmable Rewards for managing digital voucher programs.

#TaxEvasionDrama #DBSxTheSandbox

Kenya is introducing a new tax system for cryptocurrencies, with real-time tracking of transactions through exchanges.

This system will record key transaction details like time and value for taxation purposes.

#KenyaTaxUpdates

💵 According to HBO, Peter Todd is Satoshi Nakamoto

Here are the reasons behind their conclusion:
— Todd replied to Satoshi on bitcointalk
— Both Satoshi and Todd’s accounts went inactive at the same time
— The “Replace-by-Fee” concept was implemented by Todd
— Todd promoted RBF under a new pseudonym, John Dillon
— Similar writing style (British-Canadian spelling)
— Satoshi posted most on weekends, aligning with a student’s schedule (Todd was in university at the time)
— Todd discussed “donations in BTC,” possibly hinting that his 1 million BTC were lost forever

Peter Todd has denied this claim, and each point has already been widely debunked.

#HBO

☄️ Grayscale's top 20 cryptocurrency list for Q4 has seen some changes

While Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Toncoin (TON) remain the leaders, six tokens were removed from the ranking: Render, Mantle, ThorChain, Pendle, Illuvium, and Raydium 📺

They were replaced by Sui, Bittensor, Optimism, Helium, Celo, and UMA 📊

#Graysacle

☝️ Bybit introduced Islamic accounts compliant with Sharia law, says CEO Ben Zhou

Initially, the accounts will support spot trading of 75 cryptocurrencies, including Bitcoin, Ethereum, Solana, Avalanche, Polygon, Litecoin, and Cardano 👀

Additionally, Bybit has ensured these accounts feature a "transparent fee structure and no mixing of funds." 🙂

😶 SEC commissioners Hester Peirce and Mark Uyeda opposed the ruling against Flyfish Club.

The restaurant was accused of an unregistered digital asset offering through the sale of 1,600 NFTs and fined $750,000

They argued that the NFTs were merely a form of membership sale and criticized the SEC for limiting experiments with digital assets

#NFT​

💵 Tether publishes latest USDT reserve report

Tether has released its latest USDT transparency report, providing a detailed overview of its reserves and holdings 💸

The report aims to reassure users and investors about the stablecoin's backing, showing a breakdown of assets held to support USDT in circulation 🙂

#teather

🗣 The U.S. crypto industry has donated over $190 million to the 2024 elections

This amount is nearly 13 times more than what was contributed during the 2020 election cycle, highlighting the growing influence of the crypto sector in politics ⚡️