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Crypto

Bitcoin $300,000 bull case raises need to address quantum risk, Charles Edwards says

A forecast that bitcoin could rise to $300,000 by 2029 is drawing attention to the need for quantum-computing defenses. Bernstein projected bitcoin could reach $150,000 in mid-2027 and $300,000 in 2029, citing a sovereign debt crisis and institutional demand. Capriole Investments founder Charles Edwards said the scenario depends on Bitcoin Core developers adopting quantum-resistant cryptography in time. He said quantum risk is already reflected in prices and could be suppressing bitcoin by about 30 percent.

Crypto

Bitcoin rally still unclear; regaining $66,000-$67,000 seen as key

Bitcoin appears to have stopped falling around $64,000, but analysts say it is too early to call the start of a new bull market. U.Today reported the market looks more like a bottom-finding phase than a shift into a long-term uptrend. Technical levels show bitcoin below key medium- and long-term resistance, while momentum and on-chain indicators remain mostly weak or neutral. Analysts say bitcoin needs to reclaim $66,000 to $67,000 and then break the 200-day moving average near $72,017.