Bitcoin Faces Radical Plan: Burning BTC for Quantum-Resistant Future
In a groundbreaking move aimed at safeguarding the future of Bitcoin, developers have unveiled a controversial plan to burn non-migrated BTC as part of a hard fork to combat the emerging threat of quantum computers.
Bitcoin Developers Propose Burning BTC to Protect Network
Faced with the growing threat of quantum computers, Bitcoin developers have proposed a radical plan named QRAMP (Quantum-Resistant Address Migration Protocol). This plan involves a hard fork to migrate to addresses resistant to quantum attacks, with non-migrated BTC becoming unusable, effectively destroyed. The Bitcoin community must now weigh the immediate security benefits against the principle of respecting the original cryptocurrency principles.
Bitcoin Holds Steady as Stock Markets Reel from Trump Tariffs
Global stock markets have seen over $5 trillion wiped off since Trump’s tariffs were announced on April 2. Economists fear a deep recession could tank much of the economy worldwide. President Trump called on Federal Reserve Chairman Jerome Powell to cut interest rates, calling it the “perfect time.” However, Powell prefers to remain steady, foreseeing rising inflation and slower growth due to the tariffs. The tariffs are likely to cause a temporary surge in inflation, making it premature to adjust monetary policy without clearer economic signals.
Crypto Stocks COIN, MARA, MSTR Outperform S&P 500 Amid Market Turmoil
Top crypto stocks performed better than the broader stock market this week, helped by relatively stable cryptocurrency prices. After President Donald Trump unveiled new tariffs on April 2, the stock market experienced significant turmoil. By Friday evening, the S&P 500 closed down 6%, the Nasdaq Composite dropped 5.8%, the Dow Jones Industrial Average plummeted over 2,200 points, or about 5.5%, and the Russell 2000 Index slipped 4%. Since its December high, the Nasdaq is down 22%, and the S&P is down about 17% since its February high. Some crypto-related stocks did better during the week, with MicroStrategy (MARA), founded by Bitcoin (BTC) bull Michael Saylor, rising by over 6.7%. Coinbase (COIN), the biggest crypto exchange, was also mentioned positively in the context.
Bitcoin Faces Potential Drop to $71k; Yeti Ouro Gains Momentum
Bitcoin (BTC) seems to be heading into another downward trend due to renewed tariff chatter from U.S. President Donald Trump. The market reacted sharply, with Bitcoin price tumbling nearly 8.5%, raising concerns about a potential pullback to the $71,000 level. Meanwhile, Yeti Ouro is gaining momentum in its Stage 3 presale, drawing attention with real gameplay. This article does not represent investment advice and is for educational purposes only.
Bitcoin Outperforming the Tech Stocks—Is It a Good Sign for the BTC Price Rally?
The Bitcoin volatility has risen over the past few weeks with prices fluctuating within a large range. Despite bearish interference, the price has formed consecutive higher highs and lows, keeping the bullish trajectory high with upper targets at $90,000. Traders remain uncertain, resulting in equal liquidity on either side. Bitcoin has shown resilience amid market turbulence, hinting at a potential breakout.