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Bitcoin Adam Back slams Bitcoiner VC for ‘uninformed noise’ about quantum risk In a recent exchange within the Bitcoin community, Adam Back, CEO of Blockstream, addressed comments made by Nic Carter, founding partner at Castle Island Ventures, regarding the perceived threats of quantum computing to Bitcoin. Back criticized Carter's stance, describing it as "uninformed noise" that does little to clarify the ongoing debate about quantum risks facing Bitcoin. He stressed that such commentary does not contribute constructively to the Bitcoin narrative, particularly in discussions that surround the security implications of quantum technology on the cryptocurrency ecosystem. Adam Back's remarks highlight a skepticism toward alarmist views on quantum computing's immediate impact on Bitcoin security, suggesting that more measured and informed discourse is necessary. Nic Carter, known for his influential perspectives in the crypto investment space, had voiced concerns that have sparked debates among Bitcoin enthusiasts about the potential vulnerabilities quantum computing could introduce. However, Back's criticism calls for a more nuanced approach, emphasizing the importance of accurate information to avoid undue fear and confusion within the community. This public disagreement underscores the complex nature of integrating emerging technologies like quantum computing with blockchain systems. As Bitcoin continues to evolve, the discussion around its future-proofing against such advanced threats remains a key topic among experts and investors alike. #Bitcoin #QuantumComputing #cryptodebate #Blockstream #CastleIslandVentures #AdamBack Back #NicCarter #CryptoSecurity $BTC $ETH $BNB
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Institutional Adoption US Clarity Act unlikely to be ‘world-shaking’ for Bitcoin’s price: Brandt Peter Brandt, a seasoned trader with extensive experience in the crypto market, has shared his perspective on the recently introduced US Clarity Act. According to Brandt, while the legislation is expected to bring positive impacts to the cryptocurrency industry, it is unlikely to cause any dramatic shifts in Bitcoin’s price. He suggests that the act will offer clearer regulatory guidance, which the market will welcome, but it won’t be a game-changer or cause seismic movements in the value of Bitcoin. Brandt’s comments provide a measured outlook on the legislative development, emphasizing that while regulatory clarity is beneficial, investors should maintain realistic expectations regarding immediate price reactions. The Clarity Act is seen as a constructive step forward for the crypto sector, aiming to establish better-defined rules and foster industry growth without creating excessive market volatility. This insight comes amid ongoing debates about the role of regulation in shaping the future of cryptocurrencies in the United States. $BTC $ETH $BNB #Bitcoin #CryptoRegulation #USClarityAct #CryptoNews #BitcoinPrice #CryptoTrader #Blockchain #Crypto #USNonFarmPayrollReport #BinanceBlockchainWeek
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On-chain Data & Analytics Bitcoin rallies thwarted by fading Fed rate cut odds, softening US macro Bitcoin's recent rallies have faltered as it hovered around the $90,000 mark, influenced by a combination of diminishing expectations for Federal Reserve rate cuts and a weakening economic backdrop in the United States. Investors responded cautiously after the release of disappointing US jobs data that underscored slowing economic growth. This environment has prompted a shift toward safer assets, limiting Bitcoin's upward momentum despite previous bullish attempts. The market's reaction highlights the delicate balance between cryptocurrency enthusiasm and broader economic indicators, where concerns over the Federal Reserve's monetary policy and ongoing economic softness continue to weigh heavily on Bitcoin's price action. As the trajectory of US macroeconomic conditions evolves, Bitcoin traders remain vigilant, mindful that any significant changes in rate outlooks or economic reports could once again impact the crypto’s volatile performance. #Bitcoin #Crypto #BTC #FederalReserve #CryptoNews #EconomicGrowth #Cryptocurrency #CryptoMarket
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Regulation & Legal UK crypto regulation is coming: What the FCA’s new consultation means The UK’s Financial Conduct Authority (FCA) has initiated a comprehensive consultation aimed at overhauling the regulatory framework governing cryptocurrency markets. This move signals the beginning of significant changes that could impact crypto exchanges, staking providers, and decentralized finance (DeFi) platforms, with planned implementation set for 2027. The FCA’s proposed regulations focus on creating a more structured and secure environment for crypto activities, clearly outlining obligations and compliance requirements for key market participants. By addressing the rapid growth and evolving nature of digital assets, the UK regulator aims to foster innovation while ensuring investor protection and market integrity. This consultation marks a crucial step towards formalizing crypto operations under regulatory oversight, aligning the UK with global standards. Industry stakeholders are encouraged to participate actively in the consultation process to help shape the future regulatory landscape. The FCA’s initiative reflects a broader trend among global regulators seeking to balance the potential of blockchain technology with the necessity of robust consumer safeguards. These forthcoming changes will likely influence how UK-based and international crypto entities conduct business within the jurisdiction, emphasizing transparency and accountability across the sector. #CryptoRegulation #FCA #UKCrypto #defi #CryptoExchanges #Staking #Blockchain #CryptoNews
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