Crypto Mountains
Open in Telegram
👀 Crypto Mountains - cult channel about cryptocurrencies and blockchain 👀 Promotion: @attackerme
Show more475 659
Subscribers
-6624 hours
-1 0227 days
-4 54630 days
Data loading in progress...
Similar Channels
Tags Cloud
Incoming and Outgoing Mentions
---
---
---
---
---
---
Attracting Subscribers
December '25
December '250
in 0 channels
November '250
in 0 channels
Get PRO
October '250
in 0 channels
Get PRO
September '250
in 0 channels
Get PRO
August '250
in 0 channels
Get PRO
July '250
in 0 channels
Get PRO
June '250
in 0 channels
Get PRO
May '250
in 0 channels
Get PRO
April '25
+1 305
in 0 channels
Get PRO
March '25
+33 366
in 0 channels
Get PRO
February '250
in 0 channels
Get PRO
January '250
in 0 channels
Get PRO
December '24
+8 812
in 0 channels
Get PRO
November '24
+2 391
in 0 channels
Get PRO
October '24
+208 729
in 0 channels
Get PRO
September '24
+212 712
in 0 channels
Get PRO
August '240
in 0 channels
Get PRO
July '240
in 0 channels
Get PRO
June '24
+155
in 0 channels
Get PRO
May '24
+17 046
in 0 channels
Get PRO
April '24
+1 233
in 0 channels
Get PRO
March '24
+1 338
in 0 channels
Get PRO
February '24
+8 912
in 0 channels
Get PRO
January '24
+20 078
in 0 channels
Get PRO
December '23
+13 983
in 0 channels
Get PRO
November '23
+11 190
in 0 channels
Get PRO
October '23
+11 350
in 0 channels
Get PRO
September '23
+15 413
in 0 channels
Get PRO
August '23
+12 649
in 0 channels
Get PRO
July '23
+59 102
in 0 channels
Get PRO
June '23
+448
in 0 channels
Get PRO
May '23
+25 249
in 0 channels
Get PRO
April '23
+17 828
in 0 channels
Get PRO
March '23
+1 182
in 0 channels
Get PRO
February '23
+4 977
in 0 channels
Get PRO
January '230
in 0 channels
Get PRO
December '220
in 0 channels
Get PRO
November '220
in 0 channels
Get PRO
October '22
+1 976
in 0 channels
Get PRO
September '22
+23 245
in 0 channels
Get PRO
August '22
+9 135
in 0 channels
Get PRO
July '22
+13 105
in 0 channels
Get PRO
June '22
+23 847
in 0 channels
Get PRO
May '22
+29 791
in 0 channels
Get PRO
April '22
+46 448
in 0 channels
Get PRO
March '22
+35 099
in 0 channels
Get PRO
February '22
+529 248
in 0 channels
| Date | Subscriber Growth | Mentions | Channels | |
| 16 December | 0 | |||
| 15 December | 0 | |||
| 14 December | 0 | |||
| 13 December | 0 | |||
| 12 December | 0 | |||
| 11 December | 0 | |||
| 10 December | 0 | |||
| 09 December | 0 | |||
| 08 December | 0 | |||
| 07 December | 0 | |||
| 06 December | 0 | |||
| 05 December | 0 | |||
| 04 December | 0 | |||
| 03 December | 0 | |||
| 02 December | 0 | |||
| 01 December | 0 |
Channel Posts
🪙 XRP's Market Struggles: A Tightrope Walk on December 11, 2025
📉 On December 11, 2025, XRP is teetering on the edge with a price range between $1.98 and $2.00. Despite a market cap of $120 billion and $4.17 billion traded in the last 24 hours, the mood is cautious.
don’t get too comfortableseems to be the prevailing sentiment as XRP has dropped 3.5% against the dollar in the past day. 📊 Resistance levels between $2.05 and $2.10 remain unbroken, with the latest 1-hour chart showing a bearish trend. The $1.98 support zone is holding but barely, following a failed breakout attempt on December 9. If XRP cannot regain the $2.00 mark, it risks a gradual decline. 📉 The daily chart indicates a distribution phase since falling from a high of $3.10. With resistance at $2.25 to $2.30 and support around $1.80, XRP needs a significant boost to avoid losing short-term investors. 🚫 Oscillator readings show a lack of conviction: the relative strength index (RSI) is at 39.7, the Stochastic at 22.8, and the commodity channel index (CCI) is in negative territory. Moving averages also indicate resistance, with the 10-period EMA and SMA above the current price. ⚠️ The outlook for December is muted unless a catalyst like ETF speculation emerges. Analysts are divided; some predict a range near $2.08 to $2.09, while others suggest targets near $2.85. A decisive move past $2.07 could lead to a 16% increase, but falling below $1.95 could result in further declines into the $1.80 zone. ‼️ Looking ahead to 2026, forecasts vary widely from a low of $1.02 to a high of $4.78, with some social media projections reaching as high as $15 or even $1,000. However, seasoned traders will be cautious, watching for regulatory changes and real-world utility before getting swept up in the hype.
87 1474060
| 2 |  🚨 Crypto ETF Issuer Bitwise Defends Michael Saylor’s Strategy, Urges MSCI Neutrality on DATs’ Inclusion
👉 Read more | 94 481 |
| 3 |  BitDelta’s Winter WonderTrade – the biggest derivatives festival of the year is here.
Trade this December for your chance to win a share of $1 Million.
• 50 winners weekly
• $250K awarded every week
• $50K Lucky Draw on 1st Jan
Start Trading Today - https://link.bitdelta.com/P3hj/dh580mu9 | 104 166 |
| 4 |  💰 JPMorgan Predicts Bitcoin's Potential Surge Amid Market Dynamics
📈 JPMorgan, the global investment bank, has expressed a bullish outlook on Bitcoin, suggesting it could rise towards $170,000 in the coming months. This optimism is linked to Bitcoin's similar trading patterns to gold and recent shifts in market dynamics. The bank acknowledged that risk aversion and uncertainty surrounding Strategy's Bitcoin stance have impacted market sentiment.
Our volatility-adjusted bitcoin comparison to gold metric continues to imply a theoretical bitcoin price of close to $170K, suggesting significant upside for bitcoin over the next 6-12 months,
the strategists led by Nikolaos Panigirtzoglou stated.
📉 They also addressed concerns about Strategy's potential reduction of its BTC holdings due to its narrowing stock premium. However, JPMorgan noted that Strategy's recent $1.4 billion cash buildup decreases the likelihood of forced sales. Additionally, they highlighted the upcoming January 15 MSCI review that could impact companies with significant digital-asset exposure.
🔄 As of now, Bitcoin is trading at $89,712. JPMorgan pointed out that its gold-like behavior often emerges during market stress. Previous instances of macro volatility have driven investors towards crypto as an alternative. While a negative MSCI decision or significant selling by Strategy could lower prices, a favorable ruling might help Bitcoin recover its previous highs.
💪 Pro-crypto advocates argue against prevailing bearish sentiments by emphasizing increasing institutional adoption, a maturing market structure, and Bitcoin's limited supply as long-term resilience factors. | 115 116 |
| 5 |  📈 Record-Breaking Donation to Reform UK from Christopher Harborne
💰 Reform UK, led by Nigel Farage, has received a historic $12 million donation from Christopher Harborne, an aviation and cryptocurrency investor. This contribution marks the largest ever from a living individual in UK politics and was made on August 1.
📊 The Electoral Commission revealed that this substantial donation temporarily positioned Reform UK ahead of the Labour and Conservative parties in quarterly donations, highlighting the party's growing financial strength as it approaches the local elections in May. Harborne's gift surpasses the previous record of $10.7 million set by Lord David Sainsbury in 2019.
🌐 Harborne, a British citizen residing in Thailand, is known for his significant investments in cryptocurrencies and his ownership of private aircraft companies. Nigel Farage has positioned Reform UK as a pro-innovation alternative to traditional politics, openly supporting cryptocurrency and stating that the party would be the first in the UK to accept bitcoin donations.
We’ve not made the most of Brexit, that we’re not getting into the 21st Century technologies
Farage emphasized, asserting that Harborne's support aligns with the party's vision.
📈 Despite the record donation not being made in cryptocurrency, it reflects Harborne's alignment with Farage's embrace of new technologies. Harborne has previously donated to the Conservatives and Reform's predecessor, the Brexit Party. | 109 183 |
| 6 |  📉 Bitcoin Miners Face Challenges in November 2025
💰 November proved to be a tough month for Bitcoin miners, marking it as the fourth least profitable month of 2025. They processed approximately 453 blocks and generated a total revenue of $1.262 billion, which includes both subsidies and fees. However, this figure represents a significant decline of about 20.9% from October's earnings of $1.595 billion.
📊 The earnings in November were the lowest since April and ranked just above the toughest months of the year, which were April ($1.18 billion), March ($1.22 billion), and February ($1.23 billion). Out of the total revenue for November, only about $9 million came from on-chain fees, contributing roughly 0.71% to the total block rewards.
🏆 The leading mining pools during this period were Foundry, Antpool, and F2Pool, which earned approximately $368.3 million, $239.9 million, and $139.5 million respectively. Foundry accounted for about 29.14% of the total hashrate, followed by Antpool with 18.98% and F2Pool with 11.04%. ViaBTC also contributed 10.38% to the overall hashrate.
📉 However, the situation worsened towards the end of the month as BTC prices dropped significantly on November 30, continuing into December 1. The estimated value of 1 petahash per second (PH/s) of hashing power fell to just $36.39 with Bitcoin priced at $85,879 at 9 a.m. EST on Monday. This decline in Bitcoin's USD value was a major factor in the revenue drop compared to October.
🔄 Despite these challenges, miners are continuing to push forward. They are adapting to tighter margins and a sluggish hashprice while awaiting a more favorable market. With revenue squeezed, fees low, and Bitcoin trading softly into early December, the sector is relying heavily on efficiency, scale, and patience to navigate this tough period. | 92 918 |
| 7 |  🌐 Global Crackdown on IPTV Piracy Using Blockchain Intelligence
🚨 A significant multinational crackdown has targeted Illegal Internet Protocol Television (IPTV) piracy networks, leveraging blockchain intelligence to disrupt their financial operations. On November 26, crypto exchange Binance announced its collaboration with the European Union Agency for Law Enforcement Cooperation and the European Union Intellectual Property Office in an operation called Cyber Patrol. This coordinated effort involved over 15 national law enforcement bodies.
🔍 Binance highlighted the shift in piracy combat strategies, stating,
This operation marks a turning point in how we combat piracy by cutting off the payment mechanisms that fuel illicit services and striking at the very heart of their business model.
The initiative was directed by the Intellectual Property Crime Coordinated Coalition and supported by authorities from various countries including France, Germany, Italy, and Spain.
📊 Industry players such as the Premier League and Chainalysis provided crucial intelligence to trace subscription funnels and laundering layers associated with IPTV platforms. Binance's EMEA Head of Investigations, Lilija Mazeikiene, emphasized the importance of public-private collaboration in tackling digital crime, stating,
This joint effort underscores the importance and power of public and private collaboration in tackling digital crime.
💰 The Cyber Patrol operation identified 69 pirate domains, referred 25 IPTV services for disruption, and traced approximately $55 million in cryptocurrency linked to piracy activities. This outcome demonstrates how blockchain transparency can counter criminal ecosystems and supports the argument that cryptocurrency can enhance financial integrity. | 105 876 |
| 8 |  You can feel momentum shifting
$OPEN is being accumulated heavily even in a quiet market
These moves almost always happen before a major catalyst like the 5M buyback
Check it : Buyback | X | Telegram | 105 052 |
| 9 |  🌟 South Korean Bitcoin Premium vs. U.S. Institutional Interest
📉 Since September 16, South Korean crypto traders have experienced a bitcoin premium, while the Coinbase Premium Index has been negative since October 26. This indicates a geographic divide in traders' perceptions of bitcoin rather than a unified global stance.
💰 As of November 25, the global weighted average for bitcoin is $86,900, but South Korean traders are paying significantly more—$89,114 on Upbit and $89,199 on Bithumb. Data from Cryptoquant shows that South Korea's bitcoin premium has remained steady since September 16, fluctuating between 4% and 1.3% this week. In contrast, the Coinbase Premium Index, which measures the price difference between bitcoin on Coinbase and Binance, is declining.
📊 On November 25, the Coinbase Price Index is 0.0382% lower. This divergence—high retail enthusiasm in South Korea paired with low institutional interest in the U.S.—indicates a regional split in market sentiment. The Crypto Fear and Greed Index has been in "extreme fear" for the past two weeks, reflecting a jittery mood in the market. Despite bitcoin trading at $86,900, it dipped as low as $80,500 last week.
🔍 The contrast between South Korea's steady premium and the declining Coinbase Price Index suggests that South Korean traders are still willing to pay a premium for bitcoin, which is a positive sign. However, U.S. institutional desks appear far less energized, indicating a negative outlook.
⏳ Overall, the situation presents a tale of two markets: South Korean demand for bitcoin remains strong, while U.S. institutional interest wanes. Traders will need to wait for time to reveal the outcome of this divided sentiment. | 105 024 |
| 10 |  Spain Tests New Model for Bitcoin-Powered Consumer Loyalty
📊 As Europe continues exploring ways to integrate digital assets into mainstream financial services, Spain has become an early testing ground for a new consumer-loyalty model driven by Bitcoin rewards. The commerce-tech firm seQura has launched a Smart Shopping app that allows users to earn 2%–10% in BTC rewards when purchasing from more than 500 partnered retailers, positioning Bitcoin as a loyalty asset rather than a speculative instrument.
🔍 The system operates through Qoins, seQura’s internal balance, which users can redeem for discounts or convert into Bitcoin. All BTC transfers are executed by a regulated service provider, and the rewards are delivered directly to the user’s personal wallet, keeping custody entirely outside seQura’s infrastructure.
💼 Beyond the Bitcoin component, the app includes flexible payment options, buyer protection for purchases up to €500 soon, and a unified interface to manage payment plans. The company frames this as part of its transition toward broader commerce technology, with Spain serving as the first phase of a multi-market European rollout planned for 2026.
🌐 With many fintechs exploring blockchain-enabled incentives, seQura’s model adds to a growing movement treating Bitcoin as a tool for consumer retention. Upcoming features such as Lightning Network integration aim to further streamline small-value BTC rewards and align with the sector’s push toward instant settlement and low-fee digital payments.
SeQura does not provide custody or transfer services, nor does it offer cryptoasset services on behalf of customers. SeQura is not licensed to provide cryptoasset services. Cryptoassets involve risks and may not be suitable for everyone. SeQura does not provide financial or investment advice.
Join and learn more: https://www.sequra.com/en/cashback-bitcoin?utm_source=Cointelegraph&utm_medium=CryptoMountains&utm_campaign=seQura-app | 104 106 |
| 11 |  📉 Bitcoin's Current Market Position: A Bearish Outlook
🔍 As of November 22, 2025, Bitcoin's price fluctuates between $83,864 and $84,135, with a market capitalization of $1.67 trillion and a 24-hour trading volume of $92.60 billion. Throughout the day, Bitcoin has experienced volatility, ranging from $81,050 to $85,428.
📉 The daily chart reveals a clear downtrend for Bitcoin, with prices dropping from a recent peak of $116,381 to a low of $80,537. This decline has been accompanied by increased selling volume and small-bodied candlesticks, indicating market indecision.
For any chance of reclaiming bullish momentum, the price would need to stomp decisively into the $87,000 to $90,000 range,
but so far, it’s barely lifting a toe.
🔄 The 4-hour chart shows an attempt at a bounce from the $80,537 low to the $84,000–$85,000 zone. However, this rebound is occurring on declining volume, suggesting it may be a bear flag rather than a bullish reversal. A drop below $83,000 with strong volume could confirm further downside.
📊 On the 1-hour chart, there is a hint of bullish divergence as price moves sideways between $83,500 and $84,000 while volume increases. However, resistance at $85,000 remains strong. A breakdown below $82,000 could lead to a quick search for support.
🔔 Technical indicators paint a bearish picture. The relative strength index (RSI) is at 23 and the Stochastic at 11, indicating an oversold but uncertain environment. Momentum has dipped to −17,433 and the moving average convergence divergence (MACD) level at −5,949 underscores the fragility of any bullish case.
🚫 All major moving averages signal bearish conditions. Until Bitcoin can reclaim some of these levels with intent, the outlook remains negative. | 112 930 |
| 12 |  📉 Crypto Market Turmoil: Major Losses and Few Survivors
🔔 On Wednesday, the crypto market experienced significant losses, with Bitcoin falling below $89,000 and Ethereum dipping under $2,900. The overall crypto economy is precariously close to falling below the $3 trillion mark, currently sitting at $3.03 trillion.
📉 Many alternative assets suffered even greater declines. Horizen (ZEN) was the biggest loser, dropping 21.36%, followed by AB with an 18.20% decrease, CHEEMS down 17.33%, and SOON sinking 16.14%. Other notable declines included XPR falling 15.91%, MINA down 15.11%, and VELO off by 14.86%.
📊 Among the top ten cryptocurrencies, Ethereum fell 8.3%, XRP slipped 8.4%, and BNB retreated 6.4%. SOL saw a 7% decrease, while TRX managed a milder dip of 2.9%. The meme coin DOGE declined by 8.3%, and ADA shed over 7.9%.
🌟 Only a few coins managed to withstand the market downturn. Starknet (STRK) was the standout performer, jumping 18.03%. Other coins that posted gains included GNO, TFUEL, ZANO, and ALCH, each seeing increases between 1.13% and 5.10%.
▶️ As traders brace for potential further volatility, the recent chaos highlights the fragile nature of market sentiment. The swift shifts in crypto prices remind even seasoned holders to stay vigilant and monitor their positions closely. | 112 893 |
| 13 |  OpenLedger just launched its OPEN Mainnet
This AI blockchain is focused on transparency and data trust and community confidence is building naturally.
People are starting to ask if $OPEN can make a move toward ATH.
Check it out: Mainnet | X | Telegram | 101 190 |
| 14 |  🚀 Top Token Sales of the Week
Don’t miss your earning opportunities — all active sales are always available at @Cryptosmarthubofficial 👈
Here are the hottest ones right now:
1️⃣ Aztec
A major sale from one of the strongest privacy-focused ecosystems.
Details:
• Total Raised: $119.1M
• Dates: 13 Nov — 6 Dec 2025
• Price: $0.03
• Round Raised: $46.41M
• Lock-up: Genesis Sequencer Sale
2️⃣ Monad (Coinbase Launchpad)
One of the most anticipated events — the first-ever token sale on Coinbase’s launchpad.
Details:
• Total Raised: $244M
• Dates: 17–22 Nov 2025
• Price: $0.025
• Lock-up: 100% at TGE
⚡️ Massive demand expected — don’t sleep on this one.
3️⃣ VOOI
A growing trading ecosystem building AI tools, chain abstraction, and a unified terminal.
Details:
• Total Raised: $1.25M
• Dates: 17–19 Nov 2025
• Lock-up: 100% at TGE
Roadmap Highlights:
• 2024 Q2 — Trading Terminal v1
• 2025 Q1–Q2 — Derivatives + AI + XP Program
• 2025 Q3–Q4 — VOOI Ultra (v3)
Stay early. Stay smart. Earn more.
Website | Twitter | Chat | 102 711 |
| 15 |  🧐 The Truth Behind 'Mr. 100': Upbit's Cold Wallet Misidentified as a Bitcoin Whale
✅ The wallet known as 'Mr. 100' is currently trending on social media, with claims that it is accumulating Bitcoin during price dips. However, this narrative is misleading. The wallet, which is often associated with large transfers of 100 BTC, is actually linked to the South Korean crypto exchange Upbit.
➡️ Recent posts on X have suggested that 'Mr. 100' is a mysterious entity buying Bitcoin in large quantities. One post even shared a screenshot from bitinfocharts to support this claim, garnering over 44,000 impressions and more than 560 likes. However, onchain analysts have long identified this wallet as Upbit's cold wallet.
We believe these assertions are incorrect – 'Mr. 100' is in fact an Upbit Cold Wallet
said Arkham Intelligence, a blockchain explorer that has previously debunked the myth of 'Mr. 100' being a stealthy Bitcoin whale. Bitcoin News also highlighted this fact last year, pointing out that the wallet simply collects inflows for Upbit rather than hoarding Bitcoin.
🌟 The wallet holds approximately 59,335.54 BTC valued at $5.66 billion and often receives funds in neat batches of 100. However, this characteristic does not indicate that it is actively buying Bitcoin. Instead, it is a routine exchange wallet managing regular transfers.
🔵 Spreading misinformation about routine exchange wallets as if they are mythical whales does a disservice to the crypto community. These exaggerated claims distract from real onchain developments and can distort market signals for traders. It is essential to differentiate between fact and fiction in the crypto space to maintain clarity and focus on significant market movements. | 109 339 |
| 16 |  🟢 Bitcoin's Market Performance: A Balancing Act Between Optimism and Skepticism
📉 On November 12, 2025, Bitcoin's market performance reflected a mix of cautious optimism and formidable resistance. Trading between $104,779 and $105,153, it remained close to its intraday range of $102,461 to $105,257, supported by a market cap of $2.09 trillion and a 24-hour trading volume of $64.60 billion.
📊 From a daily perspective, Bitcoin was in a broader downtrend, having fallen from a high of $124,220 to a low of $98,898. Recent price movements suggested a possible double bottom near the $99,000 support level, indicated by faint green candles. However, declining volume during price increases pointed to fragile bullish conviction. The $110,000 mark remained a significant resistance level that needed to be overcome for a stronger bullish trend.
🔍 Analyzing the 4-hour chart showed a more positive outlook, with Bitcoin rising from $99,192 to $107,465 in a series of higher highs and lows. Despite a temporary dip to $103,000, the quick recovery suggested active dip-buying traders. The support zone between $103,000 and $104,000 held well, but a close below this range could jeopardize the short-term uptrend.
📈 The hourly chart displayed the most enthusiasm, showing a sharp rebound from $102,442 to a local high of $105,500. Green volume spikes supported the bullish sentiment, indicating that short-term traders were taking advantage of the situation. However, the $105,500 resistance was strong, and without a significant increase in volume, a pullback was likely.
⚖️ Oscillator indicators showed neutrality overall. The relative strength index (RSI) was at 45, with other indicators like the stochastic at 39 and the commodity channel index (CCI) at -56 reflecting indecision. Momentum indicators offered a slightly optimistic reading, but the moving average convergence divergence (MACD) leaned towards further weakness.
📉 The moving averages indicated short-term strength but longer-term skepticism. While the 10-period EMA and SMA suggested support around $104,000, longer-term averages from the 20-period to the 200-period pointed downward, raising concerns about the current trend's vulnerability to turbulence. | 101 201 |
| 17 |  🌍 Ark Invest Adjusts Bitcoin Projections Amid Rising Stablecoin Adoption
📈 Ark Invest is adjusting its outlook on Bitcoin due to the rapid growth of stablecoins, which are transforming global digital finance. CEO Cathie Wood expressed strong confidence in Bitcoin's long-term value but has revised projections in light of increasing institutional engagement and market integration.
One thing that has shifted for us in the last few years: stablecoins are usurping part of the role that we thought bitcoin would play,
Wood stated in an interview with CNBC. She added that Ark's bullish forecast for Bitcoin is $1.5 million by 2030, but due to the growing role of stablecoins in emerging markets, she suggested reducing that estimate by about $300,000.
🚀 Wood emphasized the rapid scaling of stablecoins, urging investors to pay attention to this space.
Stablecoins are scaling here much faster than anyone would have expected,
she noted. This shift indicates a recalibration in Ark's expectations as stablecoins increasingly serve as a medium of exchange.
💰 Regarding Ark's Bitcoin price projection, Wood described Bitcoin as "digital gold" that could potentially "usurp half of [the gold] market." She acknowledged that her $300,000 adjustment to the Bitcoin forecast was based on the assumption that gold's price would remain constant; however, she recognized that
gold has doubled
since then. | 106 057 |
| 18 |  🌊 A New WAVE Is Coming…
The meme season on Solana is minting millionaires - BONK, PENGU, FARTCOIN…
But the next real wave is about to start. ⚡️
WAVE = Meme Energy + Real DeFi Utility.
Up to 1,800% APY for early stakers.
Limited 1B supply, rolling out in waves.
When it’s gone, it’s gone. 🚀
💎 Early surfers get the biggest rewards.
💬 Join the community now - connect, stake early, and ride the first wave together.
👉 https://t.me/wavecoin_official
Only the first 3,000 members will access whitelist + VIP staking perks + double token amount
Don’t watch others surf the wave - BE the wave. 🌊🔥 | 112 530 |
| 19 |  🚨 December FOMC Meeting: Date, Agenda, and Interest Rate Cut Expectations
👉 Read more | 111 797 |
| 20 |  ▶️ Quantum Doomsday Clock Predicts Bitcoin's Downfall in 2028
⏳ The Quantum Doomsday Clock, an initiative that aims to pinpoint when quantum computing will surpass current cryptographic security measures of Bitcoin, forecasts this event to occur in 2 years and 4 months. This prediction places the potential downfall of Bitcoin due to quantum technology at 2028.
🔍 Created by Richard Carback of the quantum-resistant xx network and Colton Dillion of Gentlemen Labs, the clock estimates that quantum computers will achieve supremacy over cryptocurrencies when they can effectively implement algorithms to break Elliptic Curve (ECC) and RSA cryptography while maintaining a realistic error rate. The clock's builders acknowledge that advancements in quantum computing could accelerate this timeline if the focus shifts from reducing error rates to increasing qubit capacity.
⚠️ Analysts view quantum computing as a significant threat to Bitcoin and other cryptocurrencies because it could undermine the cryptographic security that underpins them. While developers are aware of this risk and are working on protective measures such as Bitcoin Improvement Proposal (BIP) 360, the urgency to address quantum threats is not currently prioritized, which may delay the implementation of these solutions.
🛡 Regardless of whether quantum computing will compromise Bitcoin within the next two years, the potential dangers posed by this emerging technology should not be underestimated. The Quantum Doomsday Clock serves as a reminder of the imminent risks to Bitcoin and the necessity for preparedness against such an eventuality. | 101 207 |
