Qtum, the pioneer of the quantum blockchain, is under spotlight due to various news surrounding its evolution, competition and potential threats posed by the advent of quantum computing.
Quantum Chain was unveiled with the promise to revolutionize finance. Meanwhile, the Qtum Foundation is fueling the blockchain AI sector by piloting 10K Nvdia GPUs, thus injecting bullish sentiments into the market. Despite concerns over how quantum computing could affect cryptocurrencies, experts believe that Bitcoin will adapt to the
quantum threat, and Google's Quantum Chip is not seen as a disruptive threat to Bitcoin's existence.
As for QTUM's price, it's been a rollercoaster ride with noticeable surges and drops. However, the long-term predictions for 2025, 2026 to 2030 suggest the QTUM price might hover around $10. Whether or not Qtum is able to break its current bearish trend remains uncertain, though.
On the project development front, Qtum partnered with
Google Cloud and has been linked with various entities including Conflux and Tenet for more exposure in China. Furthermore, QTUM's token pumped by 35% amid positive market sentiments, and QTUM Coin let investors stake offline. The platform also struck a deal with a pioneering Chinese Network Security Firm.
There are concerns over whether Quantum Computing might defeat Bitcoin and other cryptos, but the consensus is that it is not a major threat at the moment. However, the developments in the quantum computing space require a careful watching.
QTUM Coin News Analytics from Wed, 11 Jan 2017 08:00:00 GMT to Mon, 24 Feb 2025 14:08:00 GMT -
Rating 6
- Innovation 8
- Information 7
- Rumor -4
