What? What? What? Breaking news. A new Google research report has just been published where in this report, Google finds that future quantum computers may be a greater risk to Bitcoin and crypto than previously thought. even going as far as to conclude that Bitcoin will be able to be cracked in just 9 minutes. Smash the like button, support the channel. If you're wondering what Google saw that caused them to revise their thesis on Bitcoin and quantum and now say 2029 is when Bitcoin could be cracked, this i ...

Core Insights - The "Mined in America Act" aims to reshore critical crypto infrastructure and reduce reliance on foreign hardware [1] Group 1: Legislative Intent - The Mined in America Act has received support from industry groups like the Satoshi Action Fund, indicating a positive reception within the crypto community [3] - The bill aligns with a broader trend in U.S. tech policy towards tighter control over digital infrastructure, marking a significant shift from Bitcoin's original ideals [4] Group 2: Key Provisions - The Act directs the Department of Commerce to establish a voluntary certification program for cryptocurrency mining facilities, requiring certified miners to move away from equipment linked to foreign adversaries [5] - It mandates support for domestic mining by directing non-regulatory divisions within the Department of Commerce to assist U.S. manufacturers in developing secure and energy-efficient mining equipment [5] - The bill seeks to codify the "Strategic Bitcoin Reserve," formalizing its role within the Department of the Treasury [5]

Market Reaction and Monetary Policy - US equity markets experienced renewed selling pressure, with the Nasdaq Composite declining by 1.00% due to geopolitical risks overshadowing corporate developments [2][9] - BlackRock's Chief Investment Officer, Rick Rieder, advocated for immediate interest rate cuts by the Federal Reserve, suggesting that the equilibrium funds rate should be closer to 3% to mitigate structural damage to the economy and manage rising US sovereign debt costs [3][9] Geopolitical Tensions and Energy Markets - President Trump indicated mixed signals regarding the conflict with Iran, suggesting a potential diplomatic deal while threatening military action against Iran's oil export hub, Kharg Island [4][9] - Brent Crude oil prices surged to $112.78 per barrel, marking a 10.33% increase over the last three sessions, with analysts warning that a full closure of the Strait of Hormuz could push prices toward $150 per barrel [5][9] Legislative Developments in Digital Assets - Senators Cynthia Lummis and Bill Cassidy introduced the "Mined in America Act," aimed at securing the US digital infrastructure by reducing reliance on foreign-manufactured mining hardware and establishing a Strategic Bitcoin Reserve [6][7][9] - The proposed act includes a voluntary certification for facilities phasing out foreign-linked hardware, with supporters emphasizing its importance for national security [7] Corporate and Regulatory Updates - BASF announced a global price adjustment of up to 20% for pharmaceutical excipients and selected active pharmaceutical ingredients, attributing the increase to unpredictable shifts in energy and raw material costs exacerbated by regional conflicts [8][9] - The Canadian Transportation Agency fined Air Canada $426,000 for multiple violations of air passenger protection rules, reflecting ongoing regulatory scrutiny in the aviation industry [10]

JUST IN: US Senators introduce the "Mined in America" bill to promote Bitcoin mining and codify President Trump's Strategic Bitcoin Reserve 🇺🇸 https://t.co/0M478axSE3 ...

Core Insights - The recent downturn in the crypto market has led to significant discounts for many leading digital assets, presenting potential opportunities for long-term investors [1] - Major cryptocurrencies are currently trading 50% or more below their all-time highs, with the potential to double in value over the next five years [1] Bitcoin Analysis - Bitcoin is trading at $74,000, which is 42% below its all-time high of $126,000 from October 2025 [2] - There is speculation that Bitcoin may be oversold, with expectations of reclaiming its all-time high and potentially reaching $150,000 [3] - Online prediction markets estimate a 12% chance for Bitcoin to double in value this year to hit $150,000, and a 5% chance of reaching $200,000 before 2027 [4] Catalysts for Bitcoin - The return of the "digital gold" investment thesis positions Bitcoin as a safe-haven asset, especially in light of geopolitical tensions, with a nearly 10% increase since missile strikes on Iran [5] - The potential establishment of a Strategic Bitcoin Reserve by the Republican administration ahead of the 2026 U.S. midterm elections could drive Bitcoin prices higher, as suggested by notable investors like Cathie Wood [6] XRP Analysis - XRP has experienced a significant decline since reaching a 52-week high of $3.65 in July 2025, currently trading at $1.50 [7]

JUST IN: North Carolina introduces bill for a Strategic Bitcoin Reserve 🇺🇸Today, it already passed the first reading 👏 https://t.co/gaVfzoObD4 ...

Group 1: Bitcoin Market Outlook - The current price of Bitcoin is $67,000, down 47% from its all-time high in October, but predictions suggest it could reach $125,000 by year-end [1] - Spot Bitcoin ETF inflows are crucial, providing a price floor for Bitcoin as institutional investments continue, despite some net outflows in 2026 [2][3] - Recent geopolitical tensions have led to Bitcoin being viewed as a safe haven asset, similar to gold, as investors seek stable investment options [4] Group 2: Strategic Factors Influencing Bitcoin - The Strategic Bitcoin Reserve, created a year ago, has not yet begun active buying but holds seized Bitcoin, which could influence market dynamics [4] - Political motivations may drive Republicans to support Bitcoin price increases ahead of midterm elections, potentially boosting its value significantly [5] - Prediction markets indicate a 36% chance of Bitcoin reaching $100,000 and a 20% chance of hitting $120,000 by the end of the year, suggesting a potential for significant price increases [6]

Core Insights - Bitcoin is currently experiencing a bearish trend, with a price drop of 46% since its peak in October 2025, but it has increased by 16,720% over the past decade, indicating long-term growth potential [1] Group 1: Regulatory and Market Developments - Bitcoin is expected to gain more regulatory acceptance, exemplified by the establishment of the Strategic Bitcoin Reserve and support from key government officials [4] - The U.S. may consider acquiring Bitcoin as a beneficial fiscal asset and could provide favorable tax treatment to encourage its use as a medium of exchange [5] - The introduction of spot Bitcoin ETFs, such as the iShares Bitcoin Trust, signifies increasing involvement from major financial firms, with more innovative financial products leveraging Bitcoin anticipated [6] Group 2: Security and Technological Resilience - The Bitcoin network has never been hacked since its inception in January 2009, showcasing its robust architecture and focus on security, as evidenced by the increasing hash rate [7] - Concerns regarding quantum computing as a potential threat exist, but Bitcoin's adaptability, including proposals to mitigate QC risks, suggests it will strengthen fundamentally by 2036 [8] Group 3: Future Market Capitalization - Bitcoin's market cap is projected to reach half that of gold in the next decade, requiring a 13-fold increase from its current valuation of $1.4 trillion to approximately $17.7 trillion, which would represent half of gold's market cap of $35.4 trillion [9]

RT Bitcoin Magazine (@BitcoinMagazine)NEW: El Salvador bought another BTC for its Strategic Bitcoin Reserve today 🇸🇻Buying the dip, every day 👏 https://t.co/L5oFcuNbt7 ...

NEW: El Salvador bought another BTC for its Strategic Bitcoin Reserve today 🇸🇻Buying the dip, every day 👏 https://t.co/L5oFcuNbt7 ...