The Bitcoin community continues to debate whether cryptographically relevant quantum computers are imminent or decades away. Project Eleven, a quantum security research company, awarded a prize to researcher Giancarlo Lelli for using a quantum computer to break a 15-bit elliptic-curve key — a small-scale version of the same cryptography used in Bitcoin, which relies on far larger 256-bit keys. Lelli was able to derive a private key from the public key paired to it, using a “variant” of Shor’s algorithm, an integer factorization algorithm for quantum computers, according to Project…
Category: Other Crypto News
Chainlink Is Getting Cheaper And Whales Are Not Buying The Dip: Discount Or A Trap?
Chainlink has been grinding below the $10 mark, caught in a consolidation phase that has left holders waiting for a catalyst that has yet to arrive. The price action is frustrating but not unusual for an altcoin navigating a broader market that has been selective in where it directs its attention. What is less routine — and considerably more concerning — is what a CryptoQuant report has just identified beneath the surface. Related Reading The report examines the month-over-month change in Chainlink’s whale count — the number of large holders…
Crypto Biz: Same players, bigger bets as crypto eyes a rebound
Familiar players ramp up Bitcoin and Ether bets as markets hint at a rebound, while institutions test blockchain rails and US lawmakers stall on crypto rules this week. Familiar names have been aggressively accumulating Bitcoin (BTC) and Ether (ETH), but this time, their buying comes amid early signs of a market reversal. This week, Strategy made one of its largest Bitcoin purchases on record, bringing its total holdings well north of 800,000 BTC. Bitmine Immersion Technologies, despite sitting on steep unrealized losses, executed its largest Ether purchase since December. Beyond…
Bitcoin and Risk Assets Halt Their Surge With BTC Support at Risk
Bitcoin (BTC) stayed glued to $78,000 on Friday with markets “awaiting clarity” from the US-Iran war. Key points: Bitcoin stalls in its bid to recapture $80,000, as US stocks tread water. Strong earnings are needed to sustain the equities push, says analysis. BTC price support is at risk of giving way next. Bitcoin joins risk assets “chopping sideways” Data from TradingView tracked flat BTC price action into the week’s last Wall Street trading session. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Amid a lack of fresh geopolitical cues, risk-asset catalysts presented a…
XRP To $500? Engineer Points To AI Predicting Massive Surge
A $30 trillion market cap. That’s the math behind the boldest XRP price call making rounds in the crypto community this week — and it’s the figure drawing the most fire. Related Reading AI Tool, Not Personal Forecast The projection comes from Vincent Van Code, a software engineer active in the XRP community, who published his findings on X. He was careful to frame it as an AI-generated outcome, not his own personal prediction. Van Code used large language model tools (LLM), including Grok, feeding them multiple variables over repeated…
South Africa draft bill would tighten crypto capital controls
South Africa’s draft capital flow rules would bring crypto under exchange controls, with declaration duties, transaction limits and tougher penalties. South Africa’s National Treasury has published draft rules that would bring cryptocurrency transactions under the country’s capital flow regime, requiring some holders to declare digital asset holdings and routing certain transactions through authorized providers or Treasury-approved channels. Published on April 17, the draft Capital Flow Management Regulations bill proposes that crypto holders above a yet-unspecified threshold would be required to declare investments to the treasury within 30 days. In some…
How BlackRock And Mastercard Are Tapping XRP To Dominate DeFi
Odelia Torteman, the Director of Corporate Adoption at XRPL Commons, has revealed that BlackRock and Mastercard are showing interest in the XRP Ledger (XRPL). She also explained how the network is the right fit for these institutions as they look to move on-chain. BlackRock and Mastercard Are Showing Interest In XRP XRP pundit Xaif shared a video in which Torteman confirmed that BlackRock and Mastercard were showing interest in the XRP Ledger, signaling that they could consider launching a product on the network. She also noted that the XRPL was…
China’s new online marketing rules tighten ban on crypto promotions
China’s new online marketing rules tighten an already sweeping crypto ban and place fresh pressure on financial influencers, echoing parallel crackdowns in Europe, Australia and the UK. China’s central bank and seven other regulators have finalized the “Administrative Measures for Online Marketing of Financial Products” (Announcement No. 9), dated April 21 and publicly released on April 24. The rules take effect on Sept. 30, 2026, and confine online marketing of financial products to licensed financial institutions and lawfully entrusted third-party platforms, and prohibit any organization or individual from offering online…
XRP Sends Bullish On-Chain Signal Despite Weak Price Action
XRP is showing signs of on-chain stabilization despite trading below the average holder cost basis, according to data by Alphractal. The data points to a market still under pressure, but one where network activity, exchange supply and leverage conditions do not resemble a panic-driven breakdown. Alphractal’s asset overview places XRP’s spot price at $1.4343, below its realized price of $1.4862. That gap matters because realized price reflects the average on-chain acquisition cost across circulating XRP. With spot price below that level, the average holder is sitting on an unrealized loss.…
Wisconsin sues Kalshi, Polymarket, others over sports event contracts
Wisconsin’s lawsuit against Kalshi, Robinhood, Coinbase, Polymarket and Crypto.com deepens the battle between state gambling enforcers and federal regulators over sports prediction markets. Wisconsin’s top law enforcement official has sued a group of fintech and crypto platforms, including Kalshi, Robinhood, Coinbase, Polymarket and Crypto.com, accusing them of facilitating illegal sports betting by offering “event contracts,” according to complaints filed April 23 in Dane County. Attorney General Josh Kaul is seeking preliminary and permanent injunctions to block the companies from offering sports-related markets to customers in Wisconsin and to have a…