Bilal_With_Crypto

Dezvoltatorii și cercetătorii se grăbesc să asigure viitorul Bitcoin-ului împotriva amenințării iminente a calculatoarelor cuantice, care ar putea într-o zi să rupă fundamentele criptografice care protejează rețeaua de criptomonede de 1,3 trilioane de dolari.
Pe măsură ce tehnologia calculului cuantic avansează rapid, comunitatea Bitcoin explorează activ soluții de criptografie post-cuantică (PQC) pentru a proteja cea mai veche și valoroasă blockchain din lume. Deși calculatoarele cuantice de mari dimensiuni, rezistente la erori, capabile să ruleze algoritmul lui Shor (care amenință criptografia pe baza curbelor eliptice utilizată în Bitcoin) nu sunt încă o realitate, experții avertizează că atacurile "culege acum, decriptează mai târziu" fac ca măsurile proactive să fie esențiale.

Un nou articol de la Google Quantum AI a trimis unde de șoc prin lumea criptomonedelor. Titlurile strigau că computerele cuantice ar putea sparge criptarea Bitcoin în doar 9 minute. Dar ce reprezintă cu adevărat acel număr — și ar trebui ca deținătorii de Bitcoin să panicheze?
### Cererea: 9 Minute pentru a Sparge ECDSA
Entuziasmul (și teama) provine din cea mai recentă avansare a Google în calculul cuantic, în special în reducerea resurselor necesare pentru a rula algoritmul lui Shor — algoritmul cuantic care poate factoriza eficient numere mari și rezolva problema logaritmului discret.

Președintele SUA, Donald Trump, l-a numit pe Todd Blanche, fostul său avocat personal și actualul Procuror General Adjunct, ca Procuror General interimar al Statelor Unite. Această mișcare urmează îndepărtării abrupte a lui Pam Bondi din funcția de conducere la Departamentul de Justiție.
Trump a anunțat decizia joi, 2 aprilie 2026, descriind-o pe Blanche ca fiind „o minte juridică foarte talentată și respectată.” Într-o postare pe Truth Social, el l-a lăudat pe Bondi ca fiind un „mare patriot american” care „a servit cu credincioșie” și a menționat că va trece într-un nou rol în sectorul privat care va fi anunțat mai târziu.

Într-o expunere izbitoare a modului în care activele din lumea reală tokenizate transformă comerțul tradițional cu mărfuri, un trader de țiței a suferit o lichidare masivă de 17,17 milioane de dolari pe platforma contractelor futures pentru țiței Brent de pe Hyperliquid — făcându-l una dintre cele mai mari lichidări de poziție unică ale zilei, urmând doar mari active cripto precum Bitcoin și Ether.
Conform datelor evidențiate în raportarea CoinDesk, contractele futures pentru țiței Brent de pe Hyperliquid au înregistrat un total de 46,6 milioane de dolari în lichidări în perioada recentă. Acest volum a plasat țițeiul tokenizat în spatele doar lui Ether și Bitcoin în ceea ce privește activitatea de lichidare pe schimbul perpetuu descentralizat.

The perpetual preferred yield holds at 11.5% for April as the 30-day volume weighted average price stabilizes near $100.
Strategy (formerly MicroStrategy) has maintained the annualized dividend rate on its high-yield perpetual preferred stock, ticker STRC (known as "Stretch"), at 11.50% for the month of April 2026. This marks the continuation of a steady payout following seven consecutive monthly increases since the instrument's launch in mid-2025.
The variable-rate structure is designed to keep STRC trading close to its $100 par (stated) value. According to the company's investor page, the 30-day volume-weighted average price (VWAP) has stabilized near this level, resulting in an effective yield that also sits at approximately 11.5%. Dividends are paid monthly in cash, with the next record date set for April 15 and payout on April 30.
### A Unique Funding Tool for Bitcoin Accumulation
STRC functions as a short-duration, high-yield credit-like instrument within Strategy's capital stack. Executive Chairman Michael Saylor has positioned it as a key vehicle to raise non-dilutive (or less dilutive) capital for the company's aggressive Bitcoin treasury strategy without relying solely on common stock issuance.
The adjustable dividend mechanism incentivizes trading around par: if the price drifts too low, the rate can be increased to attract buyers; if it trades at a premium, the rate may be adjusted downward. This has helped STRC exhibit remarkably low volatility compared to Strategy's common shares (MSTR) or Bitcoin itself—recent data highlighted 30-day volatility as low as ~2% while delivering the 11.5% yield.
As of early April 2026, STRC's notional amount outstanding stands at over $5 billion, with strong 30-day average daily trading volume exceeding $260 million. The shares were recently quoted around $100.02.
### Context and Performance
This steady April rate follows a 25-basis-point increase to 11.5% announced for March 2026—the seventh straight hike at that time. The adjustment came amid volatility in Bitcoin prices and pressure on MSTR shares, underscoring STRC's role as a more stable income option in Strategy's ecosystem.
Investors have noted that distributions often carry significant return-of-capital (ROC) treatment for tax purposes, as the company currently reports no accumulated earnings and profits. While this can defer taxes for many investors, it also highlights that payouts are supported by Strategy's substantial Bitcoin holdings and cash reserves rather than traditional operating earnings.
Market observers describe STRC as part of Strategy's "Bitcoin flywheel"—issuing yield-bearing securities to fund more Bitcoin purchases, which in turn support the overall treasury value backing the preferred obligations. However, analysts caution that the perpetual nature, variable rate, and dependence on market appetite for new issuance introduce risks, especially in prolonged crypto downturns.
### Michael Saylor on STRC
In a recent appearance-style segment (as shown in CoinDesk coverage), Saylor emphasized the instrument's appeal as a high-yield, relatively low-volatility alternative to traditional fixed-income products or bank deposits.
Strategy continues to expand its Bitcoin treasury ambitions, with plans involving multiple layers of equity and preferred issuance. STRC remains a cornerstone of the income-focused portion of that strategy.
Disclosure: This article is for informational purposes only and does not constitute investment advice. Perpetual preferred securities like STRC carry risks including dividend variability, lack of maturity date, and dependence on the issuer's ability to continue payments. Investors should consult their own advisors and review official filings.

Rising U.S. real yields, especially on 10-year TIPS, pose a headwind to zero-yielding risk assets like Bitcoin.
Bitcoin is facing renewed pressure as U.S. real interest rates climb, with investors shifting toward assets that offer positive real returns in an environment where inflation expectations remain relatively contained.
### The Role of Real Yields
Real yields — the return on investments after adjusting for inflation — have been rising steadily, particularly on longer-duration Treasury Inflation-Protected Securities (TIPS). The 10-year TIPS yield has recently pushed higher, reflecting stronger demand for inflation-protected government debt.
Unlike traditional bonds, Bitcoin offers no yield. In periods of low or negative real rates, this hasn't been a major issue, as investors were willing to accept zero or negative real returns in exchange for Bitcoin’s potential for outsized capital appreciation. However, when real yields rise meaningfully, the opportunity cost of holding non-yielding assets increases.
"Higher real rates make cash and bonds more attractive relative to speculative assets," said one market analyst. "Bitcoin, being the quintessential zero-yield risk asset, tends to feel this pressure first."
### Market Impact So Far
Bitcoin’s price has shown signs of faltering in recent sessions, struggling to maintain momentum above key technical levels. While crypto markets have benefited from institutional adoption, ETF inflows, and broader macroeconomic tailwinds in recent years, the current environment is testing that resilience.
- Reduced Speculative Appetite: As real yields climb, retail and institutional investors may rotate capital into fixed-income products offering real returns.
- Strengthening Dollar: Rising real rates often support the U.S. dollar, which historically has an inverse relationship with Bitcoin and other risk assets.
- Liquidity Dynamics: Higher borrowing costs in real terms can tighten financial conditions, reducing leverage in crypto markets.
### Broader Macro Context
The surge in real yields comes amid mixed economic signals. While headline inflation has moderated from its 2022 peaks, core inflation remains sticky in certain sectors. The Federal Reserve’s policy path remains data-dependent, but markets are pricing in the possibility of fewer rate cuts than previously anticipated.
This shift has implications beyond crypto:
- Gold, another non-yielding asset, has also faced headwinds in recent weeks.
- Equities, particularly high-valuation growth stocks, are showing increased sensitivity to yield movements.
- Traditional bond markets are repricing as investors demand higher compensation for duration risk.
### What’s Next for Bitcoin?
Analysts are divided on the near-term outlook. Some argue that Bitcoin’s long-term narrative — digital scarcity, decentralized finance, and growing mainstream adoption — remains intact, and any weakness driven by macro factors could present a buying opportunity.
Others caution that sustained high real yields could prolong the consolidation phase or even trigger deeper corrections if risk sentiment deteriorates further.
"Bitcoin has matured as an asset class, but it’s not immune to classic macro forces," noted a crypto portfolio manager. "In a world where real money yields 2%+, the bar for speculative investments gets raised."
### Key Levels to Watch
- Support: $78,000 – $82,000 zone (psychological and technical support)
- Resistance: Recent highs near $90,000+
- Correlation Watch: Monitor the 10-year real yield closely; a break above 2.5% could accelerate pressure on BTC.
Investors are advised to stay attuned to upcoming U.S. economic data releases, including CPI, PPI, and employment figures, which will heavily influence real yield trajectories in the coming weeks.
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry significant risk.

StraitsX, o companie cu sediul în Singapore, a înregistrat o creștere rapidă a programului său de carduri stablecoin, cu o creștere de 40 de ori în volumul tranzacțiilor și o creștere de 83 de ori în emiterea de carduri între 2024 și 2025.
În piețele aglomerate și economiile digitale din Asia de Sud-Est, o revoluție tăcută este în desfășurare. Plățile susținute de stablecoin devin atât de fluide încât utilizatorii adesea nu își dau seama că folosesc crypto deloc. În spatele scenei, furnizorii de infrastructură precum StraitsX, cu sediul în Singapore, transformă căile blockchain în un strat "invizibil" care susține cheltuielile zilnice.

Washington state has joined a growing list of jurisdictions cracking down on prediction market platforms, filing a civil lawsuit against Kalshi accusing the company of operating an illegal online gambling service under the guise of “prediction markets.”
Washington Attorney General Nick Brown announced the lawsuit on March 27, 2026, claiming that Kalshi’s platform allows users to place bets on sports, elections, entertainment events, and thousands of other outcomes — activities that allegedly violate the state’s strict Gambling Act and Consumer Protection Act.
“Kalshi really is just a bookie with a fancy name,” Brown said in a statement. “Kalshi attempts to skirt state law by branding its betting platform as a ‘prediction market,’ but whatever Kalshi chooses to call it, Kalshi’s operations clearly fall under the definition of illegal gambling in Washington.”
The lawsuit, filed in King County Superior Court, seeks to shut down Kalshi’s operations in the state, recover money lost by Washington residents on the platform, and impose civil penalties.
### How Kalshi Works — and Why Washington Says It’s Gambling
Kalshi’s mobile app and website let users trade contracts on real-world events, where the payout depends on whether a specific outcome occurs. The state argues this structure mirrors traditional sportsbooks: users see events, odds, and potential payouts, which is “exactly how sportsbooks and other gambling operations function.”
The complaint highlights Kalshi’s own marketing, including an advertisement suggesting users could “bet on the NFL even though we live in Washington,” as evidence that the company knowingly targets residents in states with strict anti-gambling laws.
Kalshi has positioned itself as a financial innovation platform rather than a betting site, allowing users to “bet on anything” from election results to sports outcomes and even broader events. However, Washington officials reject this framing.
“Kalshi wants people betting on almost everything possible in life — the outcome of elections, Supreme Court cases, even wars,” Brown added. “It’s a lie, and it’s illegal.”
### Broader Context: Rising Regulatory Scrutiny
Washington’s action is the latest in a series of legal challenges facing prediction market operators in the United States. Several states have begun treating these platforms as unlicensed gambling operations, even as the industry argues it provides valuable information markets and hedging tools.
Kalshi, which has gained popularity for its election and sports contracts, has previously faced regulatory hurdles at both state and federal levels. The company maintains that its products are distinct from traditional gambling because they function more like event-based financial contracts.
In response to the lawsuit, Kalshi has pushed back, noting that the suit was filed just before a scheduled meeting with the Attorney General’s office. The company has disputed some characterizations, such as claims of offering “war markets.”
### What’s Next?
The civil suit emphasizes consumer protection. Under Washington law, individuals who lose money on illegal gambling activities may be entitled to recover their losses.
This case could have significant implications for the future of prediction markets in the U.S., especially as more states examine whether these platforms cross the line into regulated gambling territory.
The CoinDesk app screenshot in the story’s imagery highlights Kalshi’s presence on mobile devices, showing its “Trade the Big Game” branding and focus on sports, NFL, NBA, crypto, and tech events — precisely the type of offerings now under legal fire.
As the lawsuit progresses, the crypto and fintech communities will be watching closely to see whether prediction markets can survive increasing state-level pushback or if tighter regulations will reshape the industry.

The average public miner spent $79,995 to produce one bitcoin in Q4 2025. Bitcoin is currently trading around $66,000–$70,000. The math doesn’t work, so the industry is pivoting hard to AI, taking on more than $70 billion in contracts, and liquidating bitcoin treasuries to finance the shift.
Bitcoin mining has always been a high-stakes, capital-intensive business powered by cheap electricity, massive scale, and the belief that holding mined BTC would pay off in the long run. But in early 2026, the economics have turned decisively against pure-play mining.
According to CoinShares’ latest Bitcoin mining report for Q1 2026, the weighted average cash cost for publicly listed miners to produce one bitcoin reached approximately $79,995 in the previous quarter. With BTC trading near $70,000 (and dipping lower in recent sessions), many operations are running at a loss or barely breaking even. Hashprice has collapsed, older rigs are being powered down, and margins have shrunk to razor-thin levels—sometimes as low as a few hundred dollars per bitcoin mined.
This profitability crunch is accelerating a transformation that has been building for over a year: Bitcoin miners are repositioning themselves as AI and high-performance computing (HPC) infrastructure providers. Their data centers, power contracts, cooling systems, and land holdings—originally built for ASIC miners—are being repurposed or expanded to host GPUs and AI workloads for hyperscalers like Microsoft, Google, and others.
### Why the Pivot Makes Sense (For Now)
AI infrastructure offers operating margins of 80–90%, far more stable and predictable than the volatile revenue from Bitcoin block rewards and transaction fees. Miners already possess key advantages: access to low-cost or stranded energy, industrial-scale facilities, and expertise in managing dense computing environments with heavy power demands.
Cumulative AI and HPC contracts announced across the public mining sector now exceed $70 billion. Notable deals include:
- Core Scientific’s expanded partnership with CoreWeave, valued at over $10 billion.
- TeraWulf’s $12.8 billion in contracted HPC revenue.
- Hut 8’s $7 billion, 15-year lease for AI infrastructure.
- Multiple multi-billion-dollar agreements involving IREN, Cipher Digital (rebranded to emphasize HPC), and others.
Analysts at CoinShares project that AI could account for up to 70% of revenue for many listed miners by the end of 2026, up sharply from around 30% today. Some companies, like Bitfarms (now leaning heavily into AI and even rebranding elements of its identity), have publicly stated they are no longer purely Bitcoin companies.
### Selling the Treasury to Fund the Future
To bankroll this transition, miners are breaking from the long-held “HODL” ethos. Publicly listed miners collectively hold around 121,000 BTC (worth roughly $8–9 billion at current prices), but they have become net sellers.
- Over 15,000 BTC have been liquidated from peak treasury levels in recent months.
- Core Scientific sold ~1,900 BTC in January 2026 for about $175 million and plans to monetize substantially all of its remaining holdings in Q1.
- MARA Holdings sold 15,133 BTC in March for ~$1.1 billion, using proceeds to repurchase debt and gain flexibility for AI/HPC expansion.
- Other examples include Riot Platforms, Cango (which sold thousands of BTC to fund its pivot and even rebranded), Bitdeer (which emptied its treasury), and more.
This selling creates additional supply pressure on Bitcoin markets at a time when prices are already soft, but for the companies involved, it’s a strategic reallocation from a volatile asset to building higher-margin businesses.
### Risks and the Long-Term Outlook
The pivot is not without controversy. Critics argue that miners are trading Bitcoin’s long-term upside and network security contribution for short-term AI hype. If Bitcoin’s price recovers strongly, those who sold heavily may regret it. There are also execution risks: AI contracts depend on timely delivery of power capacity, GPU availability, and demand from big tech, which can be lumpy.
The industry is bifurcating. Some efficient, low-cost miners may stick closer to pure Bitcoin plays. Others are becoming hybrid data center operators. Debt loads are rising for many as they fund expansions via convertibles and notes, adding refinancing risk.
Yet the direction is clear: the infrastructure built for Bitcoin’s proof-of-work is proving highly adaptable to the AI boom. Miners that execute well could evolve from volatile crypto proxies into more stable infrastructure stocks with diversified revenue.
Whether this is a temporary survival tactic or a permanent identity shift will ultimately depend on Bitcoin’s price trajectory and the realized profitability of their AI ambitions. For now, the industry is voting with its capital—and its bitcoin sales—that the future looks brighter in AI data centers than in pure mining alone.
The image attached to the original post captures the essence perfectly: rows of humming ASIC miners in a dimly lit facility, with a technician maintaining the hardware. Soon, many of those racks may house GPUs instead, powering the next wave of artificial intelligence.
This article is for informational purposes only and does not constitute financial advice.

Czarul AI și Crypto al Casei Albe, David Sacks, a spus joi că se alătură Consiliului de Consilieri al Președintelui pentru Știință și Tehnologie și părăsește rolul de czar.
WASHINGTON — David Sacks, Czarul AI și Crypto al Casei Albe, a anunțat joi că se retrage din poziția sa de „czar” cu profil înalt pentru a prelua un nou rol în Consiliul de Consilieri al Președintelui pentru Știință și Tehnologie (PCAST).
Într-o declarație, Sacks a spus că mutarea se aliniază cu prioritățile administrației de a integra politica tehnologică de vârf direct în canalele de consiliere de înalt nivel.