Strong ETF market inflows: BlackRock has reported strong inflows into its Bitcoin ETF, IBIT, totaling $394.1 million in one day, contributing to a $479.1 million daily aggregate. Notably, over the past 12 days, there have been no outflows, indicating continued investor confidence despite market challenges.
Quantum computing threat to BTC: Concerns about Google’s Willow chip’s potential threat to Bitcoin’s SHA-256 encryption have been raised. Although Willow currently operates with 105 qubits, far less than needed to crack Bitcoin’s security, the discourse highlights anxiety over emerging technologies’ impact on cryptocurrency.
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