Category: Cryptocurrency news

Citi predicts Bitcoin going back to $113,000. Here’s what the buying data shows

Citi’s $113,000 Bitcoin target would require a roughly 36% rise from the Oct. 7 reference price, keeping it below its previous record. The harder question is whether buying can sustain that recovery. Onchain analytics firm Glassnode’s fresh analysis shows new money entering the market alongside unusually thin trading. The bank raised its twelve-month Bitcoin forecast […]

Could This Be the Reason Behind Bitcoin’s Sudden Drop? The U.S. Government Moved an Incredible Amount of BTC

Approximately $1 billion worth of Bitcoin ($BTC) was transferred from a cryptocurrency wallet linked to the US government. According to data shared by blockchain analytics platform Arkham Intelligence, 12,267 $BTC were transferred from an address holding assets seized by the US government in connection with the Bitfinex attack. The transaction, worth approximately $1.01 billion, took […]

Over 6 million bitcoin sit behind exposed public keys as AI warnings mount

More than 6 million bitcoin $BTC$82,417.65 sit behind public keys already visible onchain, highlighting the scale of holdings potentially exposed if advances in AI or quantum computing undermine Bitcoin’s cryptography. Those coins represent 31.2% of circulating supply, roughly 5 to 6% above the low reached in 2023, according to Glassnode data. Glassnode co-founder Rafael Schultze-Kraft […]

AI could crack Bitcoin before Q-Day within months, warns Ethereum Foundation researcher

Ethereum Foundation researcher Justin Drake warns that Bitcoin (BTC) could face a new cryptographic threat from artificial intelligence (AI) years before quantum computers become powerful enough to break today’s encryption. Writing on X on October 7, Drake argued that advanced AI mathematical research could potentially recover private keys from exposed public keys within months rather […]

Bitwise CEO Announces the End of the Cryptocurrency Bear Market and Expects Bitcoin to Hit a Record High! Here Are the Details

Bitwise CEO Hunter Horsley argued that the long-running downturn in the cryptocurrency market has come to an end. Horsley predicted that Bitcoin (BTC) could reach a new all-time high in 2027. In an interview with CNBC, Horsley assessed the current state of the cryptocurrency market, noting that many investors who wanted to sell during the […]