Market Bottom Signals Indicated by Long-Term Holder Capitulation
“While it may be premature to identify the current market as the absolute bottom, a phase in which losses become widespread would likely represent the final stage of fear and the beginning of opportunity.” – Read More
Google published a study showing that breaking current cryptography may happen earlier than everyone expected.
To break the very cryptography (ECDSA) that Bitcoin relies on, about 500k qubits may be enough (in a few minutes). This is 20 times less than experts previously thought.
Especially alarming is that Google did not disclose the details of the solution and instead used ZK-proof. For such a company this is quite atypical and looks like a signal: “guys, this is serious”.
The timeline for transitioning to post-quantum cryptography (PQC) is also shifting — around 2029, by which it is better to be prepared.