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Bitcoin developers have introduced a radical proposal to protect the network from a potential quantum computing attack. The draft plan could freeze roughly 25% of the total Bitcoin supply if users fail to upgrade. This would mean around $593 billion worth of BTC remains vulnerable to a quantum attack. Bitcoin Developers’ Radical Plan To Prepare … <a href="https://beincrypto.com/biticoin-quantum-computing-risk-59-billion-freeze/">Continued</a>
1. On-chain Funds: $714M Flows into Ethereum; $341M Flows out of Base 2. Largest Price Swings: $ANI, $KORI 3. Top News: Base to Host "A New Day One" Event on July 17th, Triggering Broad-based Rally in Ecosystem Tokens
Trump is now using the renovation controversy as an excuse to enter the "palace intrigue." This seemingly absurd political drama is pushing global market sentiment to a tipping point.
SPX price just touched a new all-time high of $1.85. With momentum building and $2.09 as the next major resistance, traders are eyeing a potential 17% breakout. But what if bulls lose steam?
- 05:17Analysis: Within the current price range, BitMine still needs to invest approximately $19 billion more to reach the "5% Ethereum supply" target.ChainCatcher reported that BitMine currently holds over 1.7 million ETH. To reach its reserve target of 5% of the Ethereum supply, it would need to purchase an additional 4.3 million ETH. At the current price ($4,534), this transaction would cost approximately $19.5 billions. If the ETH price approaches $4,200, the cost would drop to about $18.2 billions. The estimated daily trading volume of ETH is between $30 billions and $50 billions. Analysis points out that, compared to Michael Saylor, who often made large purchases of $500 million to $1 billion and could instantly push the bitcoin price up by more than 2% each time, Tom Lee is obviously more sophisticated. However, this also means that after ETH's low at 4060, there is a high probability that there will be an "invisible floor" in the $4,200 to $4,400 range.
- 05:07A certain whale increased their long positions in Ethereum, with holdings valued at nearly $400 million and a liquidation price of $4,342.8.According to ChainCatcher, monitored by Lookonchain, whale 0xa523 continues to increase its 15x long position in ETH. The current total position has reached 86,845 ETH ($397.7 million), with a liquidation price of $4,342.8.
- 05:07Whale address 0xa523 holds a total of 86,800 ETH, valued at $298 millions.According to ChainCatcher, monitored by Lookonchain, the whale address 0xa523 continues to increase its ETH long positions, currently holding a total of 86,845 ETH, with a total value of approximately $297.7 million. The liquidation price for this position is $4,342.8.