Scan to download
BTC $77,363.61 -2.32%
ETH $2,307.71 -3.42%
BNB $626.94 -1.87%
XRP $1.40 -2.90%
SOL $84.80 -3.05%
TRX $0.3250 +0.31%
DOGE $0.0993 -0.23%
ADA $0.2479 -2.77%
BCH $450.63 -1.17%
LINK $9.32 -2.14%
HYPE $41.64 -2.54%
AAVE $97.35 -0.11%
SUI $0.9344 -2.22%
XLM $0.1656 -3.71%
ZEC $354.16 -1.66%
BTC $77,363.61 -2.32%
ETH $2,307.71 -3.42%
BNB $626.94 -1.87%
XRP $1.40 -2.90%
SOL $84.80 -3.05%
TRX $0.3250 +0.31%
DOGE $0.0993 -0.23%
ADA $0.2479 -2.77%
BCH $450.63 -1.17%
LINK $9.32 -2.14%
HYPE $41.64 -2.54%
AAVE $97.35 -0.11%
SUI $0.9344 -2.22%
XLM $0.1656 -3.71%
ZEC $354.16 -1.66%

ern

Bernstein: The structural strengthening of the cryptocurrency market suggests that Bitcoin is likely to enter a longer-term bull market

According to The Block, analysts at research firm Bernstein stated in their latest report that the fundamentals of the crypto market are continuously improving. The recent low of $60,000 for Bitcoin has formed a clear bottom, and the current price is approaching $80,000. Driven by institutional demand, a longer structural bull market is expected.Bernstein analyst Gautam Chhugani pointed out the following core driving factors:Institutional channels continue to expand: Morgan Stanley's Bitcoin ETF and Charles Schwab's spot Bitcoin/Ethereum trading platform have been launched one after another, with about 60% of Bitcoin supply not having moved for over a year, indicating a stable holder structure;Strategy continues to increase holdings: its STRC perpetual preferred stock product attracts income-focused investors, with current holdings reaching 818,334 Bitcoins;Demand for stablecoins reaches an all-time high: stablecoin supply has surpassed $30 billion, decoupling from the price cycle of the crypto market, showing that real payment and settlement demand continues to grow;Tokenization of real assets accelerates expansion: the scale of tokenized assets such as private credit and government bonds has reached $345 billion, a year-on-year increase of 110%.Bernstein also noted that quantum computing poses a long-term potential risk, but the blockchain ecosystem is expected to have ample time to complete the post-quantum security transition.

Bitcoin Quantum Security Crisis: 6.9 million BTC exposed to risk, governance challenges hinder response progress

According to CoinDesk, while quantum computers cannot disrupt the Bitcoin mining mechanism or the blockchain ledger, they may potentially crack the elliptic curve encryption system that protects wallet ownership through Shor's algorithm. Currently, about 6.9 million BTC (approximately one-third of the total supply) face potential risks due to public keys being visible on-chain, including around 1 million early holdings by Satoshi Nakamoto; transactions generated after the Taproot upgrade in 2021 are also affected due to public key exposure.Ethereum has established a formal quantum resistance migration plan since 2018, with 4 full-time teams and over 10 independent development groups, and has launched a dedicated progress website at pq.ethereum.org. In contrast, Bitcoin currently lacks a unified response roadmap, and the existing BIP-360 proposal and BitMEX Research detection scheme have not received widespread support from core developers. Notable Bitcoin advocate Nic Carter pointed out that Bitcoin's response is "the worst," while Blockstream CEO Adam Back believes that current quantum systems are still in the laboratory stage, but he also agrees that optional upgrade solutions should be deployed in advance.Analysts point out that Bitcoin's anti-centralization governance culture makes coordinating large-scale security upgrades extremely difficult, and how to handle historical legacy issues such as Satoshi Nakamoto's holdings is particularly challenging. A related paper from Google warns that once quantum attacks become a reality, the window for response may have already closed.

Tether confirms cooperation with the U.S. government to freeze over $344 million worth of USDT

Tether announced that it has supported the U.S. government's freeze of over $344 million USDT, involving two wallet addresses. This freezing action was carried out in collaboration with the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) and U.S. law enforcement agencies, aimed at preventing further movement of funds.The freeze was based on information provided by multiple U.S. law enforcement agencies, linking these addresses to illegal activities. Tether stated that when wallet addresses are associated with sanctions evasion, criminal networks, or other illegal activities, the company will take freezing measures. This has now become Tether's routine response to legitimate requests from U.S. and global law enforcement agencies.Tether CEO Paolo Ardoino stated, "USDT is by no means a safe haven for illegal activities. We take immediate action when there are credible links to sanctioned entities or criminal networks. Recent events have shown what can happen when platforms fail to act swiftly, law enforcement fails, users are exposed, and trust is lost. Our approach is different; we combine blockchain transparency, real-time monitoring, and direct coordination with law enforcement agencies to prevent the flow of funds. This is a responsibility we take very seriously as one of the largest issuers in the market."This action is part of Tether's cooperation with U.S. law enforcement agencies. The U.S. Department of Justice had previously confirmed Tether's support in law enforcement actions, successfully seizing nearly $61 million and approximately $225 million in "pork scam" funds.

Gate Ventures: Macroeconomic easing drives capital inflow, the differentiation pattern in the crypto market continues

According to Gate Ventures' latest weekly report, as the situation in the Middle East has temporarily eased and energy prices have fallen, global risk appetite has marginally improved, stock indices have reached new highs, and both the dollar and U.S. Treasury yields have declined. However, gold remains strong, indicating that while the market is flowing back into risk assets, the demand for safe-haven assets has not completely faded. Against this backdrop, the cryptocurrency market has seen a slight rebound overall, with BTC and ETH rising 4.3% and 3.3% respectively. ETF funds continue to see net inflows, but market sentiment remains cautious. Mainstream assets have performed relatively steadily with institutional support, while the recovery in the altcoin market remains limited.At the industry level, regulatory advancements and infrastructure development continue to deepen. France supports promoting the euro stablecoin plan under the MiCA framework to enhance the competitiveness of the local currency system; Circle has launched USDC Bridge to further improve the cross-chain liquidity structure of stablecoins; the X platform has introduced the Cashtags feature to accelerate the integration of trading and social scenarios. In terms of investment and financing, a total of 12 financing deals were disclosed this week, with a total amount of $41.8 million, among which Paxos Labs completed a $12 million financing focused on compliant DeFi infrastructure development, reflecting that capital is still continuously laying out around compliance and underlying capability upgrades.
app_icon
ChainCatcher Building the Web3 world with innovations.