Does quantum computing threaten Bitcoin? Tether CEO warns: It may cause market turmoil in the future!
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Tether CEO Paolo Ardoino warned that quantum computers could subvert the security of Bitcoin, especially those stored in inactive wallets, and even put lost Bitcoins back into circulation.

Although this threat is still far away, Ardoino pointed out that the powerful processing power of quantum computing could undermine traditional encryption technology, especially in inactive wallets, where hackers could use quantum technology to crack private keys. For active users, they have the opportunity to migrate funds in time to avoid risks, but dormant Bitcoin may become a target of attack sooner or later.

If quantum technology successfully unlocks Bitcoin wallets, especially Satoshi Nakamoto's funds, the market may face violent fluctuations and may even cause Bitcoin prices to plummet. Experts have different views on this, some believe that the market can absorb this change, while others worry that the recirculation of a large number of Bitcoins will cause an oversupply and lead to a price collapse.

At present, the development of new security algorithms that resist quantum attacks is the main solution to this threat. Academia and industry are stepping up research to ensure that Bitcoin can adapt to the challenges of quantum computing, but whether this transition will change the fate of Bitcoin remains unknown.

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Satoshi Nakamoto's Wallet Revived? Mysterious Bitcoin Transaction Shakes the Market!

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The Bitcoin world is shaken! On May 26, 2024, a mysterious transfer of 9.1 BTC (approximately $2 million) suddenly flowed into the genesis block wallet, an account belonging to an early Bitcoin address that has been inactive for a long time, leading to speculation—Is Satoshi Nakamoto back?

What does this transaction mean?

🔹 Paying tribute to the Bitcoin founder? Some believe that this could be an anonymous individual expressing respect to the creator of Bitcoin.

🔹 New tax regulations causing fluctuations? The latest cryptocurrency regulations in the U.S. require more identity disclosure, does this mean someone is trying to unveil the mysterious identity of Bitcoin's creator?

🔹 Searching for Satoshi? Some believe that this transaction might be hackers or investigators trying to trace Satoshi Nakamoto's true identity.

Bitcoin prices soar, market frenzy!

After the news of the mysterious transaction broke, Bitcoin prices quickly climbed, reaching a peak of $100,186, and market sentiment surged.

Meanwhile, the HBO documentary 'Money Electric: The Bitcoin Mystery' adds more suspense, claiming that cryptographer Peter Todd might be Satoshi Nakamoto, although Todd has publicly denied it.

The mystery deepens, what lies ahead?

Does this event mean that the creator of Bitcoin is about to reveal themselves, or is it just another episode of market hype? Regardless, the legend of Bitcoin continues, and perhaps one day the truth will be unveiled!

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Housing prices have dropped from 30,000 to 7,000, I'm tempted, is it time to get on board! $ETH

Old Zhang is a small vendor who has sold vegetables in the market for most of his life, living a simple and stable life. Until one day, he heard the fruit seller next door, Little Li, excitedly talking about Bitcoin, saying that this thing could make a person rich overnight, and Old Zhang's heart began to stir.

"Little Li, what exactly is this Bitcoin? Is it really that magical?" Old Zhang asked, looking puzzled.

Little Li patted his chest and said: "Uncle Zhang, Bitcoin is a type of virtual currency, it exists online, is invisible and intangible, but it's valuable! If you buy it now, it won't be long before it multiplies several times!"

Old Zhang was tempted. He had worked hard selling vegetables all his life, saving up only a small amount of money, always hoping for an opportunity to improve his life. When he got home, Old Zhang secretly took out his years of savings without telling his family, opened an account online following Little Li's lead, and bought Bitcoin.

At first, the price of Bitcoin soared, and Old Zhang watched the numbers in his account grow, smiling from ear to ear, thinking he would soon live a good life. He even started to fantasize that once he made enough money, he would take over a stall in the vegetable market and buy a big house for his family.

But who could have imagined that not long after, the price of Bitcoin suddenly plummeted. Old Zhang watched the numbers in his account drop like sliding down a slide, anxious like an ant on a hot pan. He inquired everywhere for information, hoping to find a way to save himself, but the market seemed to be cursed, plummeting all the way down.

Old Zhang was now flustered, wanting to sell his Bitcoin to cut his losses, but he was unwilling to accept such a huge loss. He couldn't think about tea or food all day, and he lost a lot of weight. His family noticed something was wrong with Old Zhang, and after repeatedly questioning him, he finally revealed the truth.

His family was both angry and anxious, and his wife cried out: "You are being foolish! How can we use the money we've worked hard to save to play with such a risky thing!" Old Zhang was filled with regret, but it was all too late.

In the end, Old Zhang lost almost all his Bitcoin. After this setback, Old Zhang understood that there are no shortcuts to wealth; opportunities that seem to make money easily often hide enormous risks. He returned to the vegetable market, selling vegetables diligently. Although life was plain, it was also reassuring. Whenever someone mentioned Bitcoin to him again, he would always wave his hand and bitterly smile, saying: "That was all a dream, and the dream is over."

🌈 El Salvador has just added another 11 coins to its strategic reserve of #比特币 , worth over 1.1 million dollars. The country now holds 6,067 BTC, valued at over 600 million dollars!

Well done, El Salvador! If 10% of countries globally did the same, Bitcoin would likely break 1 million dollars very soon!
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MicroStrategy suspends Bitcoin acquisitions, the strategy of the world's largest Bitcoin holder has turned

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Global Bitcoin giant MicroStrategy recently announced the suspension of its Bitcoin acquisition plan, a decision that marks a major adjustment in the company's strategy. The company's executive chairman Michael Saylor revealed on social media that MicroStrategy did not purchase any Bitcoin or sell any Class A common stock last week.

Although MicroStrategy currently still holds 471,107 Bitcoins, accounting for 2.25% of the global total supply, and the investment amount has reached nearly US$30.4 billion, the company has decided to suspend further acquisitions in the short term. In the past 12 weeks, MicroStrategy's total Bitcoin purchases exceeded US$20 billion, showing its high confidence in Bitcoin as a store of value and inflation hedge.

However, with changes in market sentiment and adjustments to the company's strategy, forecasts on Polymarket show that the probability of MicroStrategy holding 500,000 Bitcoins has dropped to 51%, a 28% drop from previous forecasts. This turning point means that although Saylor remains bullish on Bitcoin's long-term potential, a more cautious attitude may emerge in the short term.

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Since #川普 took office, the entire crypto market feels like a startled bird, all affected by Trump, too sensitive, overly concerned with short-term news, forgetting true value investing.
Regarding Bitcoin $BTC , entering at 100,000 USD this year has a 95% probability of a 50% return; holding for 5 years could yield a starting return of 300%. This is so much better than the traditional market!

El Salvador becomes the first country in the world to abandon Bitcoin as legal tender, reportedly the source of this decline? It was indeed rebounding well in the morning, then the price suddenly dropped. After all, many people were trying to buy the dip at the 100,000 mark. However, I have never heard of this small country; I admit I am quite ignorant. Is El Salvador a big country? It doesn't seem to have caused a significant crash; it appears to be just a temporary bounce after all!

Wazi, you are a traitor!

The El Salvadorian Congress has amended the Bitcoin Act, and Bitcoin is no longer their legal tender.

It is hard to say whether this has anything to do with the price plunge today, but it is indeed a bit discouraging.

To put it bluntly, this experiment failed. Whether it was forced by the International Monetary Fund or something else, it couldn't bear it anyway.

The specific situation is this: The International Monetary Fund has been pressuring El Salvador for almost two years, saying that it will give them a loan of 1.4 billion US dollars, and the condition is to "reduce Bitcoin risks."

In order to get this money, President Bukele had to change the law by the end of January. As a result, it was really changed.

Today, Bitcoin fell below 100,000 USDT, and SOL is about to fall to 200.

To be honest, it is a bit confusing. So many countries say that they want to use Bitcoin as a strategic reserve asset, but the total amount is not rising, but falling instead.

But it's normal, window paper!

$BTC

Dogecoin co-founder Billy Markus recently revealed on social media that he is currently unemployed and expressed a need for help.

In response, Elon Musk replied on Twitter, inviting Markus to join the development work of Dogecoin. Markus stated that he hopes to take a break for a while and plans to reconsider this matter in six months. However, Markus has since deleted the related tweets and replies, sparking speculation that he may reconsider this proposal.

Markus co-founded Dogecoin with Jackson Palmer in 2013. In 2015, due to the pressure of unemployment, Markus sold all his Dogecoin holdings and used the proceeds to buy a used Honda Civic.

At that time, he held approximately 60 million Dogecoin. If calculated at Dogecoin's highest price of $0.7, the value of these coins would exceed $42 million.

In recent years, Dogecoin has experienced significant price fluctuations driven by public figures like Musk. Musk has mentioned Dogecoin multiple times on social media, calling it "the people's cryptocurrency," which has led to several surges in Dogecoin's price. However, the market's volatility has also raised concerns among investors.

Additionally, Trump's dog #CONAN is a famous active military dog from the United States! President Trump has received and awarded the "Hero Dog" honor in the White House.

As the saying goes, when one person achieves success, their associates also rise! Currently, Conan has a market value of only $7 million, with significant growth potential, so it's worth a look! #特朗普加密政令 #山寨季何时到来？

What country reserves strategy $BTC , the Trump administration is not a fool and will not be a backer for institutions. Bitcoin has been severely overvalued due to manipulation by institutions; although it may not compete with institutions, it can be avoided.

It is very clear to tell everyone that altcoins are now in a bear market. The manipulators of this round of altcoins are controlling it very well, with a maximum drop of around 80%. They are using this method to confuse us retail investors. Once they have sold off, we will see the phenomenon of 2020, where most will drop over 95% to 98%. I am also puzzled that this round of altcoins is not going down. After two years of decline, 95% of the declining coins are starting to appear. Next, we should enter a brutal phase of selling. By 2025, we should not have too much hope. I have personally made plans, considering this a missed opportunity to halve, completely over. This is the only way to avoid continuing to pump money in as cannon fodder. The remaining money is considered as buying a zero-value coin, willing to accept the losses. If you want my new money to come in, then wait until January 2027. This is the best liberation. Do not be anxious, do not be greedy, and do not worry about the crypto world. Leaving is the best choice. I don't even want to move the spot I have already bought. If you have the ability, let it drop 99% like FIL; I can accept this kind of drop. Completely accept the bear market of 2025. Only in this way can I preserve my cash.