Bitcoin Could Be Sub-$50,000 By 2028 Without Quantum Fix, Warns Capriole Founder
The founder of Capriole Investments has warned about the Quantum risk to Bitcoin, saying there’s a 34% chance it breaks BTC in the next three years. Bitcoin Could Trade At A Discount If No Quantum Fix Is Deployed As Quantum Computing continues to advance, many in the Bitcoin community have been raising concerns about what a breakthrough could mean for the cryptocurrency. Capriole Investments founder Charles Edwards has been one of those voices. Related Reading: Chainlink’s Top Whales Reverse Course, Quietly Scoop Up $263M In LINK Last week, Edwards gave a presentation on the Quantum....
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New research shows Bitcoin is facing a discount of about 20% due to the Quantum Computing threat, and it could rise further without an upgrade. Bitcoin Quantum Discount Could Hit 60% By 2028 Capriole Investments founder Charles Edwards has published a new research piece on how the Quantum Computing risk could discount the fair value of […]
At TOKEN2049 Singapore, Capriole Investments founder Charles Edwards set aside his well-known Bitcoin bullishness to deliver an unambiguous warning: a quantum “Q-Day” could arrive far sooner than most of the industry expects, with potentially existential consequences if Bitcoin’s core cryptography is not upgraded in time. “Within two to eight years, a quantum machine will break […]
According to on-chain analyst James Check, Bitcoin may face a political crisis as much as a technical one if powerful quantum computers arrive. Related Reading: Ripple’s Big Ambition Revealed By CEO: A Future Challenger To JPMorgan? He warns that the hard part will not be the math but getting the Bitcoin community to agree on […]
A cryptocurrency analyst has explained where Ethereum could go next based on a long-term Parallel Channel forming in its monthly price chart. Ethereum Has Been Trading Inside A Parallel Channel For The Last Few Years In a new post on X, analyst Ali Martinez has talked about a long-term pattern that Ethereum has appeared to have been following for the last few years. The pattern in question is a “Parallel Channel” from technical analysis (TA), which forms whenever an asset’s price trades between two parallel trendlines. Related Reading: Bitcoin Could Be Sub-$50,000 By 2028....
In a livestream broadcast titled “Post-Quantum Cardano,” ADA founder Charles Hoskinson laid out a roadmap for making the blockchain quantum-resistant. His remarks come amid rapid developments in quantum computing hardware, including breakthroughs from Microsoft and other tech heavyweights, as well as newly released US government standards for post-quantum cryptography. Hoskinson opened the session by highlighting […]