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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Google’s quantum team says its Willow processor ran a new algorithm called Quantum Echoes that solved a molecular-simulation task roughly 13,000× faster than the best classical methods on top supercomputers. Based on reports, the run is being presented as a verifiable quantum advantage and was published alongside technical notes from Google. Google Quantum Chip Beats Supercomputers The experiment used Willow hardware and an algorithm tailored to a specific scientific problem, not a general-purpose attack on everyday encryption. According to Google’s post, the work produces verifiable outputs that…
[LIVE] Crypto News Today, October 23 – Crypto Markets Hold Steady With BTC at $109K as Traders Await CPI Data and Trump–Xi Talks: Next Crypto to Explode?
Bitcoin and Ethereum are trading in tight ranges this morning as traders await Friday’s U.S. CPI report — the only major data release unaffected by the ongoing government shutdown. With macro uncertainty lingering, investors are watching for clues on inflation, trade policy, and the next crypto to explode amid muted volatility. Bitcoin BTC $109,607.41 0.89% is currently trading at $109,682, up 1.29% in the last 24 hours but still down 0.75% on the week. Ethereum ETH $3,844.95 1.14% follows with a 0.75% daily rise at $3,894, marking a 2.59% weekly loss. The total crypto market cap now sits at $3.69…
The recent market recovery has seen the XRP price look to break the $2.5 level again, which could lead to a continuation of the uptrend. While all eyes remain on the $3 level to be reclaimed right now, bullish expectations abound for the altcoin. The XRP price, despite suffering recent crashes, is expected to reach new all-time highs, beating the $3.8 peak that has been persistent for over seven years now. What Happens If The XRP Price Regains Momentum Pseudonymous crypto analyst, “Guy on the Earth”, has shared an analysis of the XRP price that shows the possibilities that lie ahead for the…
As token buybacks gain popularity in crypto, Amir Hajian, head of research at market making firm Keyrock, warns in a new report that every dollar spent repurchasing tokens is a dollar diverted from growth and innovation, underscoring the hidden opportunity cost behind the show of confidence.Token buybacks involve blockchain projects repurchasing their own tokens from the open market, similar to stock buybacks. The strategy sucks out circulating supply from the market, creating scarcity and potentially increasing the token’s value to signal confidence to investors.The rise of token buybacks marks a turning point in how crypto defines maturity, Hajian argues in…
Stablecoins were used to move roughly $46 trillion over the past 12 months, according to new a16z crypto report. Beyond that, over $80 trillion has been processed in crypto trading volume across the same time period.Framed against payment “flows,” the stablecoin tally places on-chain dollars within low single-digit share of global settlement, and it is beginning to sit alongside mainstream rails in scale for specific use cases such as cross-border transfers and 24/7 treasury moves.The reference point matters. Using global payments value of roughly $2 quadrillion for 2024, stablecoins account for about 2.3% of the world’s payment flows on a…
According to an on-chain analyst, Ripple co-founder Chris Larsen has reportedly pocketed over $764 million in profits from XRP (XRP) sales since 2018, raising concerns among investors.The executive’s latest sale this week marked his biggest one yet. It came amid a volatile time for XRP, which has been hit hard in October, one of its historically weakest months.Sponsored Ripple Co-Founder Larsen’s XRP Sales Show a Clear PatternIn a recent post on X (formerly Twitter), CryptoQuant’s community analyst Maartun highlighted that on October 20, Larsen sold 50 million XRP worth around $120 million. This represented his largest XRP sale to date.…
Bitcoin hovered near the mid-$100,000s on Thursday, Oct. 23, as Standard Chartered’s global head of digital assets research Geoffrey Kendrick warned that a move below $100,000 by this weekend “seems inevitable”—while adding that any break could be fleeting the last last time bitcoin is ever below six figures. The remarks, delivered in a mid-week client note and shared by The Block, frame a tactical pullback inside a still-intact macro bull thesis the bank has championed for months. Last-Ever Bitcoin Dip Under $100,000 Ahead Kendrick’s message juxtaposes near-term caution with longer-term conviction. In the same research cycle where Standard Chartered reiterated…
Ethereum’s price has been quiet, hovering near $3,875, down 3.7% this week and showing little follow-through after last week’s selloff. Yet behind the calm, some of the biggest wallets have started buying again. Roughly $660 million in whale accumulation has rekindled optimism that ETH might be setting up for a rebound — but not everyone is convinced.Sponsored SponsoredWhales Are Buying, But Short-Term Holders Keep SellingOn-chain data shows that between October 21 and October 23, Ethereum whales added roughly 170,000 ETH, lifting their collective stash from 100.30 million to 100.47 million ETH. At the current Ethereum price, that’s about $660 million…
Key takeaways BTC is trading above $109k after adding 1% to its value in the last 24 hours. Standard Chartered analysts believe BTC’s price could dip below $100k before resuming its rally. Bitcoin could slide below $100k, says Standard Chartered analysts Bitcoin has been extremely volatile this month, dropping to the $102k level just days after hitting a new all-time high of $126k. The price has failed to recover since the October 10 liquidation event. Standard Chartered’s head of digital asset research, Geoffrey Kendrick, told investors on Wednesday that Bitcoin could drop briefly below the $100,000 mark by the weekend.…
After a volatile start to October, the crypto market is staging a fast recovery for the best crypto to buy now. Bitcoin has surged past the $111,000 mark, reversing an 18% correction and bringing investor focus back to high-upside tokens. Ethereum also climbed over 10.2%, as traders begin rotating into altcoins tied to core infrastructure narratives. With renewed demand for speed, scalability, and decentralized governance, the best crypto to buy now may not be a legacy token – but a Layer-2 Bitcoin solution like Bitcoin Hyper that’s rising fast in presale rankings. Bitcoin Reclaims Support as ETF Headwinds Ease The…