Category: News

Sonic Builds Quantum-Ready Blockchain With Simpler Architecture – Bitcoin News

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Key Takeaways Sonic redesigns proof-of- stake to avoid Boneh–Lynn–Shacham aggregation, easing quantum upgrades. Shor’s algorithm risk pushes shift from Elliptic Curve Digital Signature Algorithm to hash-based schemes. Sonic Consensus System directed acyclic graph model could lead to reduction in upgrade costs, aiding post-quantum adoption. Quantum Threat Spurs New Approach to Blockchain Security As concerns grow over the long-term threat of quantum computing, blockchain developers are beginning to rethink the foundations of network security. Sonic, a proof-of- stake protocol, is positioning itself as one of the few systems designed to adapt…

Dogecoin (DOGE) Turns Attractive—Bulls Aim Key Upside Break And Gains

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Dogecoin corrected some gains from the $0.0985 zone against the US Dollar. DOGE is now holding the $0.0950 support and might aim for a fresh upside. DOGE price started a fresh downside correction below $0.0965. The price is trading above the $0.0950 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.0955 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.0950. Dogecoin Price Holds Support…

Bitcoin Enters Disbelief Phase As Traders Keep Shorting The Rally

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Bitcoin’s advance over the past four weeks is colliding with a derivatives market that still looks positioned for weakness. Analysts tracking Binance funding and futures basis say traders continue to lean short even as BTC moves higher, creating what CryptoQuant contributor Darkfost described via X as a “phase of disbelief” rather than a clean bullish reset. That divergence matters because it suggests the rally is unfolding against persistent skepticism, not broad conviction. In crypto, that kind of setup can cut both ways: it can signal fragile market structure, but it…

Crypto protocols pledge 43K ETH to restore rsETH backing

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Mantle, EtherFi Foundation, Golem Foundation, Lido DAO, Ethena, LayerZero, Ink Foundation and Tyrdo have all made pledges to the “DeFi United” recovery effort. Decentralized finance protocols have banded together in an attempt to restore the backing of rsETH following the $293 million exploit of the Kelp restaking platform on Saturday, which has triggered a liquidity shock. The amount pledged has now exceeded 43,500 Ether, worth over $101 million, which decentralized lending platform Aave has called the “DeFi United” relief effort. Crypto protocols involved include Lido DAO and the Golem Foundation,…

Largest Bank in Brazil Moves to Invest in Bitcoin Mining

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Key Takeaways: Itau Ventures invested up to $10M in Minter for mobile data centers that mine bitcoin. Brazil lost $1.2B to 20% energy curtailment in 2025, a market Minter targets. CEO Stefano Sergole plans to grow Minter to 500MW capacity by 2029 across Brazil and the U.S. Brazil’s Itau Invests In Bitcoin and Data Center Company Minter Itau, one of the largest banks in Brazil, has turned its gaze on bitcoin mining and data centers. According to local media, Itau Ventures, the bank’s investment arm, has made an undisclosed investment…

XRP Price Range-Bound, Can Bulls Trigger Next Big Move?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Crypto Earn Products Resemble Deposits With No FDIC Protection – Bitcoin News

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Key Takeaways: The BIS Financial Stability Institute warned in April 2026 that major crypto platforms like Binance and Coinbase now operate more like banks than trading venues. Celsius Network collapsed in 2022 after a USD 1.4 billion depositor run exposed maturity mismatches with no deposit insurance backstop. Only 11 of 28 jurisdictions reviewed by the FSB in 2025 had a finalized regulatory framework addressing financial stability risks from crypto intermediaries. Crypto Earn Accounts Exposed as Uninsured Deposits, BIS Research Warns The report, authored by Denise Garcia Ocampo of the BIS…

Ethereum Price Upside Stalls, Another Decline Could Be Brewing

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Ethereum price started a fresh decline and traded below $2,350. ETH is now consolidating above $2,285 and might struggle to recover. Ethereum started a downside correction from the $2,425 zone. The price is trading below $2,365 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,255 zone. Ethereum Price Trims Gains Ethereum price failed to remain stable above…

US soldier charged over $400K Polymarket bet on Maduro’s capture

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US prosecutors alleged that Gannon Ken Van Dyke asked Polymarket to delete his account after profiting from trades tied to the military operation in Venezuela. A US Army soldier involved in the capture of Nicolás Maduro has been charged with making over $400,000 by allegedly betting on the removal of the former Venezuelan president on a prediction market platform.  In a statement on Thursday, the US Department of Justice alleged that Master Sergeant Gannon Ken Van Dyke was involved in the planning and execution of “Operation Absolute Resolve” that led…

Bitcoin Price Strengthens, Fresh Upside Targets Come Into View

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Bitcoin price started a fresh increase and cleared the $78,000 zone. BTC is consolidating and might aim for more gains above the $78,550 level. Bitcoin managed to stay above $77,000 and started a fresh increase. The price is trading above $77,800 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $78,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $77,200 and $77,000 levels. Bitcoin Price Eyes Fresh Upside…