Author: cointechies

Some in the cryptocurrency community are worried that Google's new quantum computing chip, Willow, could put Satoshi Nakamoto's Bitcoin stash at risk. Despite the concerns, analysts believe that Google's 105 qubit processing power is not enough to threaten Bitcoin's SHA-256 or ECSDA algorithms. Satoshi, Bitcoin's creator, left instructions to rewrite the hash function if quantum computing breaks Bitcoin's security. The market reacted with concern, causing a drop in Bitcoin prices, including ETFs, but Bitcoin quickly recovered and is now trading above $97,000 again. If you had more than 1 million Bitcoins, as pseudonymous blockchain developer Satoshi allegedly has, wouldn't you…

Bitcoin regained the $100,000 level as US inflation data for November matched expectations. Market participants expect the Fed to cut interest rates by 25 basis points as inflation remains stable. The general cryptocurrency market also rose over 4%, with major altcoins such as XRP, SOL, and ADA leading the rise. Bitcoin (BTC) soared above $100,000 on Wednesday following the release of US November consumer price index (CPI) data, rising 2.7% in line with expectations. Cryptocurrency investors were quick to react to the report, as market participants currently expect the Federal Reserve (Fed) to cut interest rates by 25 basis points…

Cryptocurrencies have been around for years, but they can still seem complicated, especially when it comes to incorporating them into your investment strategy. Despite the long existence of cryptocurrencies, the price of cryptocurrencies has skyrocketed since the 2024 presidential election, with the value of the cryptocurrency market exceeding $3 trillion as of December 2024. While you may not be using Ethereum to buy groceries yet, it's important not to overlook the cryptocurrency. Important points Ethereum is more than just a type of cryptocurrency. Instead of buying Ethereum directly, you can invest in an Ethereum ETF. These funds invest in the…

Important points As part of the new Gemini 2.0 release, Google is releasing an advanced AI agent that will usher in the agent era. Google is introducing deep research capabilities in Gemini 2.0, enabling advanced inference and report editing on complex topics. Share this article Google has announced plans to launch advanced AI agents with the new Gemini 2.0 release.This is part of Google's new goal to revolutionize task automation and user interaction, and marks the beginning of what the company calls the “Agent Age.” Sundar Pichai, CEO of Google and Alphabet, writes: “Over the last year, we have invested…

Dogecoin price regained the $0.40 level on Wednesday, up 10% from Tuesday's 20-day low of $0.36. The number of wallets holding DOGE increased by 60,000 from December 2nd to December 11th, indicating an influx of new entrants looking to buy. The volume delta technical indicator shows that DOGE's rebound is supported by a significant increase in market liquidity. Dogecoin price regained $0.40 territory on Wednesday as bulls rallied 10% in the past 24 hours. DOGE’s on-chain data trends show that a number of new entrants have taken advantage of the correction phase in the cryptocurrency market to buy the bullshit.…

Today – Michael Saylor, co-inventor and current executive chairman of business intelligence company MicroStrategy, uses his account on social media network X (formerly known as Twitter) to send mysterious messages to his millions of followers. Your message has been sent. “Sons of Bitcoin”Bitcoin evangelist Thaler shared an image of himself with an AI-generated orange and white Bitcoin symbol over his face. This painting is very similar to René Magritte's famous artwork “Son of Man”.Similar to that painting, Saylor is wearing a suit, dark coat, and bowler hat, but his face is obscured by a Bitcoin symbol instead of an apple.…

U.Today – On this day 15 years ago, 15 BTC were sold for just 1 cent. This is almost unbelievable now, given the current value of . Bitcoin historian Pete Rizzo shared this interesting bit of history as a fun fact on X, saying, “15 years ago today, 1 cent bought 15 Bitcoins.” In late 2009, Bitcoin was still in its infancy. Launched by the mysterious Satoshi Nakamoto in January of that year, Bitcoin was a novel concept known only to a few enthusiasts and cryptographers. The price of Bitcoin never reached $1 in 2009 and 2010. The highest price…

Today's U.Changpeng Zhao (known in the cryptocurrency community as CZ) did not hold back when looking back on his early journey. The former CEO of Binance told the strange story of buying Bitcoin in 2014. At that time, the market seemed all but determined to test his resolve. He entered the market during a bear market, but with little cash on hand, he found himself unable to buy on the dip or take profits during a downturn. It was a rocky start, to say the least. But the story doesn't end there. It may sound like a mundane story of…

Cross-border crypto payments company Sphere raises $5 million in funding round led by Coinbase and Kraken  Fortune

Important points Apple is working with Broadcom to develop its first in-house AI chip, which is expected to be in mass production by 2026. The chip, named Baltra, focuses on processing new data and forwarding it to a large-scale language model. Share this article Apple is working with Broadcom to develop its first in-house AI server chip, internally codenamed “Baltra,” The Information reported, citing people familiar with the matter.Baltra chips are expected to be ready for mass production by 2026 and are designed to accelerate AI tasks, with a particular focus on inference. Core functionality enables the chip to process…