Quantum computing poses a potential challenge to Bitcoin’s security, with concerns ignited as 80,000 BTC lying dormant for 14 years moves. Jamie Dimon, CEO JP Morgan, shows faith in
stablecoins but remains reserved toward Bitcoin. With more than just Bitcoin, several companies have begun adding
ethereum to their balance sheets. In an intriguing twist in meme coins,
Token6900 manages to amass $1.4M, exemplifying the trend for degenerate frenzies.
Ether treasury companies are accumulating, with predictions they could own 10% of the coin. A significant archaeological finding, a Jewish coin minted prior to the second temple’s destruction, was discovered in Jerusalem. Legal processes continue around XRP, the SEC given just a few days to respond to the case.
Meme coins polarize opinion, with some viewing them as potential 'next big things', while others see them as fleeting fads. Memecoins such as Fartcoin leverage on Trump's victory for huge valuations. Concern over
crypto's dark side deepens upon reports of a suicide becoming the subject of a meme coin.
Bitcoin mining profitability becomes a challenge, as cost estimates rise up to $137,000 per BTC in the US and near $200,000 per coin in Germany. Trump meme coin witnesses an 81% decrease, and Melania's 92% since launch. As Ethereum outperforms Bitcoin just 15% of the time since its launch, some traders lose significant amounts in the market. Despite some losses, other crypto traders show determination, taking advantage of the dips.
JUST Coin News Analytics from Sat, 12 Oct 2024 07:00:00 GMT to Mon, 04 Aug 2025 16:05:00 GMT -
Rating 8
- Innovation 2
- Rumor 6
