Crypto Market Daily: 3-Minute Summary



📰 Today's News



🔥 Google's Quantum AI Team Warns About the Vulnerability of Bitcoin and Ethereum Cryptography



Google's Quantum AI team published a technical report suggesting that breaking the cryptography used by Bitcoin and Ethereum could require less than 500,000 physical qubits, significantly less than previously estimated. This raises concerns about the long-term security of approximately 6.7 million BTC and over $100 billion in Ethereum assets.

 

⚡ The U.S. Department of Labor Proposes a 401(k) Rule Allowing for the Consideration of Bitcoin

 

The U.S. Department of Labor has proposed a new rule that would allow 401(k) plan fiduciaries to consider Bitcoin and other alternative assets. This move aligns with efforts to expand retirement investment options and requires fiduciaries to evaluate performance, fees, liquidity, valuation, and complexity.

 

📉 Mercado Libre Will Discontinue Mercado Coin in April

 

Mercado Libre announced that it will gradually eliminate its digital currency, Mercado Coin, on April 17. After this date, users will no longer be able to buy, sell, or earn cashback with the token, which was originally launched in August 2022 to boost its loyalty program.

 

 

📈 Performance of Major Assets (24h)

 

BTC：-1.3% — Bitcoin experienced a slight decline, trading at $66,767.03.

 

ETH：-0.9% — Ethereum also saw a slight drop, currently at $2,055.71.

 

SOL：-4.2% — Solana recorded the most significant drop among major assets, priced at $80.96.

 

BNB：-1.7% — BNB also experienced a decline, trading at $608.18.

 

 

🚀 Today's Biggest Winners

 

KERNELUSDC：+59.1% — Significant increase in trading volume and continuous capital inflow.

 

KERNELUSDT：+58.9% — Significant increase in trading volume and continuous capital inflow.