๐ฌ The founder of Strategy, Michael Saylor, recently stated that Bitcoin may have reached its bottom around $60,000.
He also addresses recent market concerns regarding the threats of quantum computing, which he considers to be an exaggerated risk, largely theoretical, and likely to be resolved over time.
๐ The Bitcoin, Ethereum, and Solana ETFs all recorded net outflows yesterday, with respective outflows of $124.5 million, $18.6 million $ , and $1.9 million $ .
Bitcoin developers have built a prototype that will protect wallets against quantum attacks.
With this, if the Bitcoin network is ever forced to defend itself against quantum computing, regular spending could be paused, and users will be able to recover their funds.
Bitcoin developers have started to take quantum threats seriously now, and that is a good sign.