Have you heard about the new scientific revolution revealed by Google?
The company has announced a new quantum computing chip called Willow, which can solve problems that would take years of work on a supercomputer in just minutes. To put that into perspective, imagine you have a library filled with billions of books and you need to look up a single piece of information. A regular computer would open one page at a time, while Google’s chip lets you search through all the books at once, which could radically change our lives.
Does this affect the price? In the last 48 hours, Solana’s funding rate has dropped by 81 percent, causing investors to panic. Positive funding rates usually indicate that long (bullish) positions dominate the market and that traders have a positive attitude towards the pair. However, a decrease in this rate shows that investors are anticipating a pullback and short (bearish) trades are more favored.
If you are skeptical about $BTC , now is the time to hold.
The pullback from $$BTC from its all-time high gave everyone a chance to accumulate more.
Now, it is back in action.
The 4H timeframe and MACD are indicating early bullish momentum, and I expect $$BTC to break its first resistance at $99,690 soon, paving the way for a break above its all-time high.
When you see the market crashing and everyone is scared, know that this is the best time to buy.
$BTC
In the world of investing, emotions are a major factor that influences investors’ decisions. When the market crashes, panic and fear prevail among investors, leading many to sell their assets at huge losses to avoid further declines. But the surprising truth is that these periods represent the best opportunities to buy and make profits in the long run.
There are ways you can make money on Binance, one of the largest cryptocurrency exchanges. Here are some common ways: 1. **Cryptocurrency Trading**: You can buy and sell cryptocurrencies at the right times to make a profit. It is important to learn technical and fundamental analysis to understand the market movement. 2. **Margin Trading**: Binance offers the option of margin trading, which allows you to open larger trades than you have. But you should be careful, because losses can be even bigger. 3. **Investing in New Coins (ICO)**: You can invest money in new coins when they are listed on the platform and wait for their value to increase. 4. **Liquidity Mining**: You can provide liquidity to decentralized exchanges and earn revenue from it. 5. **Participating in Rewards Programs**: Check out programs like the referral program where you can earn rewards when you invite friends to register and use the platform.$ #Crypto
Quantum computers like Google's Willow chip are being developed. Does this pose a threat to the security of#Bitcoinand other cryptocurrencies? Let's explain this problem using quantum-resistant encryption. 🧵👇
How is Bitcoin protected?
Bitcoin uses cryptographic algorithms such as ECDSA (Elliptic Curve Digital Signature Algorithm) and SHA-256. These are currently unbreakable for classical computers. 🔒
Cryptocurrencies saw a wave of selling in the past hours of trading on Tuesday, as optimism sparked by President-elect Donald Trump’s supportive stances for the sector faded.
Bitcoin briefly fell below $95,000, while the index of smaller digital currencies fell by up to 15%, one of the largest daily declines in 2024#CryptoMENA $BTC $ETH
Along with Bitcoin, U.S. regulators have allowed Ethereum exchange-traded funds (ETFs), which have attracted about $2 billion since Trump’s election. Ethereum, the second-largest cryptocurrency, has recently outperformed Bitcoin, cementing its place in the growing market.
Bitcoin exchange-traded funds in the United States have seen massive inflows of more than $10 billion since Donald Trump was elected president. The momentum reflects optimism about his potential support for the cryptocurrency market and expectations of a major boom in the sector.
Meanwhile, a group of Amazon (NASDAQ:AMZN) shareholders are pushing
Massive Inflows: The company should allocate at least 5% of its assets to bitcoin, with a proposal co-authored by Tim Kotzman to add bitcoin to Amazon’s treasury as an inflation hedge and asset diversification strategy. The proposal follows a similar move by Microsoft (NASDAQ:MSFT) shareholders. Twelve funds, including those from BlackRock and Fidelity, have drawn in net inflows of $9.9 billion since Election Day on November 5, bringing their total assets to about $113 billion.
In a move that has investors excited, Trump last week named a cryptocurrency advocate as the next chairman of the U.S. Securities and Exchange Commission, as well as the first White House official specializing in artificial intelligence and cryptocurrencies. The president-elect also pledged to create regulations that encourage the development of digital assets, breaking with the Biden administration’s conservative approach, and offered his support for the creation of a national Bitcoin reserve.$BTC $BTC