US investment manager Ark Invest claims that the lion’s share of the Bitcoin supply is already safe from the quantum computing breakthrough, leaving ample warning signals for builders to quantum-proof the rest of the supply. Around 65.4% of the Bitcoin (BTC) supply is not vulnerable to the threat of a quantum computing breakthrough, but about…
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Bitcoin (BTC) circled $70,000 into Thursday’s Wall Street open after US jobs data matched expectations. Key points: Bitcoin shrugs off more US macro data as jobless claims copy flat CPI numbers. Oil stays volatile, while markets ignore almost any chance of a March interest-rate cut. BTC price action stays indecisive around the $70,000 mark. Bitcoin…
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A new report from the Financial Action Task Force (FATF) warns that crypto service providers operating offshore pose risks of money laundering, sanctions evasion and other illicit financial activity. In the report, titled “Understanding and Mitigating the Risks of Offshore Virtual Asset Service Providers (oVASPs),” the FATF said some offshore firms exploit gaps and differences…
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The US midterm elections may be the next catalyst to kickstart the crypto and stock market recovery, according to historical data shared by Binance Research. According to a Wednesday report from Binance Research, US midterm election cycles have historically been followed by strong rebounds in stocks and Bitcoin (BTC), potentially setting up a recovery window…
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Key takeaways Ray Dalio argues that Bitcoin cannot replace gold as the world’s primary store of value because gold has thousands of years of history as money and remains deeply embedded in the global financial system. Gold’s role in central bank reserves gives it institutional legitimacy that Bitcoin currently lacks, making governments more likely to…
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South Korea’s tax authority is preparing to deploy artificial intelligence to track cryptocurrency investment gains as the government moves closer to implementing a long-delayed tax on digital assets. According to a report by The Korea Times on Thursday, South Korea’s tax authority has opened a bid to build an AI-backed system to analyze cryptocurrency transaction…
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Victims of a Chinese investment fraud are challenging a United Kingdom proposal to compensate them through a Chinese redress scheme, arguing the plan could leave British authorities holding much of the upside from roughly 61,000 Bitcoin seized in a money-laundering investigation. According to the Financial Times, citing court documents, the dispute has moved into the…
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Market analysts say Bitcoin (BTC) is in a relief rally after its 17% recovery from multi-year lows below $60,000, but the $78,000 level is key to reversing the broader downtrend. Key takeaways: Bitcoin price is up 17% from sub-$60,000 lows as onchain data shows signs of returning demand. BTC price resistance around $78,000 must be…
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The US state of Utah is set to block prediction market platforms such as Kalshi and Polymarket, escalating a growing dispute between state regulators and federal authorities over how the industry should be regulated. On Wednesday, Utah’s HB243 (Gambling Revisions) bill was sent to the governor’s desk after passing the Utah House on Feb. 10…
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Bloomberg reported Thursday that US prosecutors urged a federal judge to reject Sam Bankman-Fried’s request for a new criminal trial, arguing that the former FTX chief failed to meet the legal standard for a retrial. According to the report citing court documents, prosecutors said Bankman-Fried’s claim that new witnesses could undermine the government’s case does…
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