Burning quantum-vulnerable BTC is the best option — Jameson Lopp

    Jameson Lopp, the chief security officer at Bitcoin custody company Casa, recently argued against allowing quantum recovery of lost BTC and said that burning these coins to protect the integrity of the protocol was the preferable option. According to Lopp, allowing individuals or institutions with quantum computers to recover lost coins violates the Bitcoin network’s properties of…

    Bank of Korea to take ‘cautious approach’ to Bitcoin reserve

    The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve. Officials from the Korean central bank said in a March 16 response to a written inquiry that they have not looked into a potential Bitcoin reserve, citing high volatility. Responding to a question from Representative…

    Bitcoin’s megaphone pattern, explained: How to trade it

    Key takeaways The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure. Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market instability. The formation signals heightened volatility, with price swings becoming more pronounced over time. Depending on the trend direction, the pattern can…

    VanEck files for AVAX ETF

    Global investment manager VanEck has filed for an Avalanche exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) seeking to offer investors direct exposure to the smart contract platform. A snippet of the S-1 filing was shared on social media on March 14 by Bloomberg analyst James Seyffart, who has been closely monitoring…

    Rising $219B stablecoin supply signals mid-bull cycle, not market top

    The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts. The cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top. Historically, stablecoin supply peaks…

    REX launches Bitcoin Corporate Treasury Convertible Bond ETF

    REX Shares, an exchange-traded fund (ETF) provider with over $6 billion in assets under management (AUM), launched its Bitcoin Corporate Treasury Convertible Bond (BMAX) ETF that invests in the convertible bonds of companies with a BTC corporate reserve strategy. According to the March 14 announcement, the ETF will purchase the convertible notes of companies such as…