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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?
- 18:53Bitmine Invests $45 Million to Acquire 9,613 More ETH, Now Holds $7 Billion Worth of ETHAccording to a report by Jinse Finance, Arkham's monitoring shows that Bitmine spent $45 million to acquire an additional 9,613 ETH 32 minutes ago, bringing the total value of its ETH holdings to $7 billion.
- 18:43Data: 62% of Americans expect the unemployment rate to rise in the next 12 monthsAccording to a report by Jinse Finance, The Kobeissi Letter stated that 62% of Americans now expect the unemployment rate to rise over the next 12 months, marking one of the highest levels since the 2008 financial crisis. This proportion has doubled in less than a year, and such a high percentage has never been seen during non-recession periods. Interestingly, households in the top 33% income bracket are more pessimistic than those in the middle- and low-income groups. In previous economic cycles, a shift in expectations of this magnitude has, in 100% of cases, signaled a surge in unemployment rates.
- 16:54An Early Bitcoin Whale Deposits Another 5,000 BTC into Hyperliquid to Increase ETH HoldingsAccording to Jinse Finance, Onchain Lens monitoring shows that an ancient Bitcoin whale has further deposited 5,000 BTC (worth approximately $574.67 million) into Hyperliquid to exchange for ETH. Currently, this ancient whale holds 179,498 ETH, valued at about $850.5 million, and maintains a long position of 135,265 ETH, worth approximately $640.92 million.