unfortunate timing. $BTC knocking on the door of HTF breakout... as $SPY breaks down from a 10-month uptrend, as well as multi-month consolidation, for the first time. crypto has never been able to show a meaningful rally of outperformance as equities show weakness.

Escalating tensions between the U.S., Israel, and Iran are raising concerns about a potential crypto market downturn as geopolitical uncertainty grows. Bitcoin has already shown volatility during the conflict, with prices dropping after military strikes triggered market fears. Analysts warn further escalation could push prices lower, though past conflicts show Bitcoin often rebounds after panic selling. #CryptoNews

A joint whitepaper released by ARK Invest and Unchained shows that approximately 34.6% of Bitcoin's supply still faces long-term risks from quantum computing breakthroughs, while 65.4% of the supply is currently relatively secure. Threatened assets include approximately 5 million BTC that are migratable due to address reuse, 1.7 million BTC existing in early P2PK addresses, and 200,000 BTC in P2TR address assets. The report points out that while quantum computing poses a long-term risk, Bitcoin needs to undergo a soft fork upgrade by integrating post-quantum cryptography (PQC) standards such as ML-DSA or SLH-DSA. Additionally, the BIP-360 proposal under discussion suggests introducing a Pay-to-Merkle-Root output type to reduce Taproot's key path vulnerabilities. ARK expects that quantum computers may not be able to crack the first public key until the mid-2030s. (Cointelegraph)