Tag: Bitcoin

White House teases major update on strategic Bitcoin reserve

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The White House has signaled that a new step toward operationalizing the U.S. strategic Bitcoin reserve has been prepared, with an announcement expected within weeks. Summary White House adviser Patrick Witt said a major announcement on the U.S. Bitcoin reserve is expected within weeks, pointing to progress on legal and operational structure. Lawmakers including Cynthia Lummis and Nick Begich are working to pass legislation that would formalise the reserve and allow up to 1 million Bitcoin to be acquired over time. Speaking at the Bitcoin 2026 conference in Las Vegas,…

White House Adviser Patrick Witt Teases ‘Big Announcement’ at Bitcoin 2026

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Key Takeaways: White House crypto adviser Patrick Witt said news on the Strategic Bitcoin Reserve, covering its operations and the legal framework around it, will be released soon. Witt confirmed the executive branch can take a “big step forward” without waiting for congressional legislation, though a bill will ultimately be required to lock the reserve policy in permanently. Witt separately said that once crypto market structure legislation is signed into law, the industry will “take off like a rocket ship.” No New Buying, Yet Speaking on a panel at The…

Is Bitcoin quantum-safe? The complete 2026 guide

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Summary Quantum computers can theoretically break Bitcoin’s elliptic-curve cryptography, but no machine capable of doing so exists yet. Google researchers say cracking Bitcoin’s encryption may require fewer than 500,000 qubits — below the “millions” often cited. BIP-360 and BIP-361 propose quantum-resistant Bitcoin transactions and a phased migration away from legacy signatures. Ripple has a four-phase plan to make the XRP Ledger quantum-proof by 2028; Ethereum targets quantum resistance via Strawmap by 2030. The real risk is “harvest now, decrypt later” — adversaries collecting encrypted data now to crack it when…

Block opens its Bitcoin treasury to public verification with proof of reserves

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Block has introduced an on-chain proof-of-reserves system covering its corporate Bitcoin holdings and key consumer products, expanding its push for transparency in digital asset custody. Summary Block has enabled on-chain proof of reserves, allowing public verification of its 8,883 BTC holdings across its treasury, Cash App, and Square. The firm said users can independently confirm balances through cryptographic signatures, as it expands transparency following industry moves after FTX’s collapse. According to Block, users can independently verify its Bitcoin reserves through cryptographic signatures published on-chain, allowing public confirmation of balances tied…

Bitcoin To $88,000? Analysts Eye May Breakout After Key Close

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As the end of April approaches, some market observers suggest that Bitcoin (BTC) could be preparing to reclaim a crucial level in the coming days, potentially opening the door to another recovery rally next month. Related Reading Bitcoin Sees First Weekly Close Above Key Levels Bitcoin has closed above a crucial level for the first time since January, setting the stage for a potential rally toward higher levels even though it failed to break through another resistance level. Notably, the flagship crypto ended the week above $78,000, a level that…

These Three Bitcoin Charts Say BTC Price Set for Recovery to $82,000

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Bitcoin (BTC) has rebounded more than 28% from its February low below $60,000, and a mix of technical, liquidity, and on-chain signals suggests the recovery may still have room to run. BTC/USD daily chart. Source: TradingView Key takeaways: Bitcoin is holding a support zone that has previously triggered 8%–10% rebounds. Binance stablecoin inflows are rising, boosting fresh deployable liquidity for crypto markets. BTC hits support with 8%–10% rebound history Since early April, Bitcoin has been trading within a well-defined ascending channel, with price consistently respecting both rising support and resistance…

Saipan woman sentenced to 71 months for bitcoin fraud targeting seniors

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A U.S. federal court has sentenced Sze Man Yu Inos, also known as “Yuki,” to 71 months in prison over a bitcoin-related fraud case.  Summary Sze Man Yu Inos received 71 months in prison for bitcoin-related wire fraud targeting older women. Prosecutors said she built emotional trust before soliciting bitcoin investments using false personal wealth claims. The court ordered $769,355 restitution and $684,848 forfeiture tied to the fraud case. The case centered on a scheme that targeted several victims, including older women. Inos, 30, was convicted of wire fraud, according…

Bitcoin Home Mining Update (See My ROI)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Join Bitcoin University Premium: In this video, I discuss the latest results from my home Bitcoin mining project, in which I build my own blocks and hash them with rented hashrate from Braiins. Not investment advice! Consult a financial advisor. Here’s how to mine Bitcoin from home: My previous mining results update: Track my Bitcoin mining earnings here: Bitcoin hodlers will mine to secure the network: I am not being paid or otherwise compensated by any company or cryptocurrency project that I…

MARA Forms Foundation to Support Bitcoin Network, Adoption

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Bitcoin miner MARA Holdings launched the MARA Foundation on Monday to support the health of the Bitcoin network and the communities that rely on it as a tool for financial sovereignty. The MARA Foundation said it plans to implement measures to “harden Bitcoin against security threats,” including quantum computing, while also expanding access to self-custodial Bitcoin (BTC) and offering a range of educational resources, MARA said after announcing the new foundation at the Bitcoin 2026 conference in Las Vegas on Monday. It also plans to support the “development of a…

Saipan Woman Gets 71 Months for $769K Bitcoin Wire Fraud Scheme

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Key Takeaways: Inos received prison time after prosecutors described false bitcoin investment claims. Saipan victims faced wider financial harm as the scheme expanded geographically. Federal prosecutors framed the case as a warning about affinity fraud. Bitcoin Fraud Sentence Shows Elder Victim Losses A fraud scheme built on false bitcoin investment claims and personal trust ended April 23, 2026, with a 71-month federal prison sentence for Sze Man Yu Inos, also known as Yuki. Prosecutors said Inos targeted older women, gained their confidence, and used false claims about wealth, business success,…