🤯 In the United States, the “pizza index” has increased significantly, gay bars in Washington have become less visited, and on the Polymarket platform they are actively betting on the likelihood of an invasion of Iran in light of reports about the possible preparation of a ground operation.
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📊 According to CryptoQuant, more than 40% of altcoins have reached their all-time lows or are dangerously close to them.
This value is even higher than during the previous bear market, when the peak was around 38%.
Currently, there are a total of over 47 million cryptocurrencies created, of which 22 million are on the Solana platform, over 18 million on Base and 4 million on BNB Smart Chain.
Such a huge number of cryptocurrencies leads to liquidity erosion, making altcoins increasingly vulnerable over time.
This may explain the current record low numbers.
This value is even higher than during the previous bear market, when the peak was around 38%.
Currently, there are a total of over 47 million cryptocurrencies created, of which 22 million are on the Solana platform, over 18 million on Base and 4 million on BNB Smart Chain.
Such a huge number of cryptocurrencies leads to liquidity erosion, making altcoins increasingly vulnerable over time.
This may explain the current record low numbers.
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The stock market crashed, as expected!😎
#BTC again showed weakness in advance (as an early signal)
S&P500 (ES1!) reached my goal of 1 in 6400✅
Next goal is 6150📉
#BTC again showed weakness in advance (as an early signal)
S&P500 (ES1!) reached my goal of 1 in 6400✅
Next goal is 6150📉
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📊 The Glassnode report indicates that the market appears to be moving away from active asset allocation to a more neutral stance.
Despite ongoing volatility, easing selling pressure and stabilizing flows may indicate the foundations are in place for an eventual recovery.
However, higher levels of demand are still required to confirm sustainable change.
Despite ongoing volatility, easing selling pressure and stabilizing flows may indicate the foundations are in place for an eventual recovery.
However, higher levels of demand are still required to confirm sustainable change.
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🪙BTC only has 3 years?
Google has published a study that shows that current cryptography may be broken sooner than expected.
To crack the very cryptography (ECDSA) on which Bitcoin is based, about 500k qubits may be enough (in a few minutes). This is 20 times less than experts previously thought.
What's especially troubling is that Google didn't disclose the details of the solution and instead used a ZK proof. This is quite atypical for such a company and looks like a signal: “guys, this is serious.”
The timeline for the transition to post-quantum cryptography (PQC) is also shifting - around 2029, for which it is better to be prepared.
Google has published a study that shows that current cryptography may be broken sooner than expected.
To crack the very cryptography (ECDSA) on which Bitcoin is based, about 500k qubits may be enough (in a few minutes). This is 20 times less than experts previously thought.
What's especially troubling is that Google didn't disclose the details of the solution and instead used a ZK proof. This is quite atypical for such a company and looks like a signal: “guys, this is serious.”
The timeline for the transition to post-quantum cryptography (PQC) is also shifting - around 2029, for which it is better to be prepared.
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💣Iran: starting tomorrow we will attack the facilities of Microsoft, Apple, Google, Nvidia and a number of other American companies in the region
20% of global traffic goes through the Strait of Hormuz. The cables at the bottom are at gunpoint.
Risk: Global communication lag and paralysis of financial markets.
If the cables get cut, the crypt will be the first to feel it. Getting ready for a wild FUD💀
20% of global traffic goes through the Strait of Hormuz. The cables at the bottom are at gunpoint.
Risk: Global communication lag and paralysis of financial markets.
If the cables get cut, the crypt will be the first to feel it. Getting ready for a wild FUD💀
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🟠 Bitfinex: The situation with BTC is unlikely to improve without the Fed cutting interest rates and increasing liquidity.
• The yield on 10-year US Treasury bonds has risen above 2%, making them more attractive and leading to an outflow of funds from risky zero-yield assets such as Bitcoin.
• Demand for BTC has weakened significantly, with the ratio of demand to new supply of coins falling to 1.3x from 5.3x at the end of February.
• The yield on 10-year US Treasury bonds has risen above 2%, making them more attractive and leading to an outflow of funds from risky zero-yield assets such as Bitcoin.
• Demand for BTC has weakened significantly, with the ratio of demand to new supply of coins falling to 1.3x from 5.3x at the end of February.
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🔽 Yesterday, the TWT token fell 30% after one whale sold 4.2 million TWT it had been holding for three years.
Since its average value of $1, the token has already lost 65% of its value.
The reason for the fall is said to be the silence of the new CEO of Trust Wallet regarding the future of TWT.
The community is waiting for clarification, but has not yet received answers.
The situation reached the point where the developer of the Mon wallet commented on the situation, saying that plans for the development of TWT remain in force, but the new CEO and management of the company cannot speak for legal reasons.
Since its average value of $1, the token has already lost 65% of its value.
The reason for the fall is said to be the silence of the new CEO of Trust Wallet regarding the future of TWT.
The community is waiting for clarification, but has not yet received answers.
The situation reached the point where the developer of the Mon wallet commented on the situation, saying that plans for the development of TWT remain in force, but the new CEO and management of the company cannot speak for legal reasons.
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🟠 Developers are actively improving the Bitcoin network to increase its protection from potential threats from quantum technologies.
The test network has already been deployed.
Satoshi Nakamoto argued in 2010 that if the development of quantum technologies occurs gradually, then Bitcoin will be able to adapt to these changes.
The test network has already been deployed.
Satoshi Nakamoto argued in 2010 that if the development of quantum technologies occurs gradually, then Bitcoin will be able to adapt to these changes.
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