A new paper from Google Quantum AI has sharply reduced the estimated hardware 
required to crack elliptic-curve cryptography used by Bitcoin and much of 
Ethereum, moving a long-running security debate closer to market terms. At 
current market prices, the quantum computing risks could affect more than $600 
billion in Bitcoin, Ethereum, and stablecoins. The paper, […]
The post Google slashes quantum cracking estimates by 20X creating $600 
billion countdown for Bitcoin and Ethereum appeared first on CryptoSlate.

Google slashes quantum cracking estimates by 20X creating $600 billion countdown for Bitcoin and Ethereum

Bitcoin has shed about $3,500 in value over recent days, slipping from above 
$70,000 earlier in March to around $66,500, as short-term holders take their 
exits. On one particularly turbulent day, about 22,000 BTC were moved to 
exchanges in a single session. Yet, the Bitcoin price is still holding above 
support and hasn’t broken below the $60,000 range. A different dynamic is 
quietly taking shape, one that raises a more important question than the 
selloff itself: who is actually absorbing all the Bitcoin being sold? ETF 
Demand Is Quietly Absorbing Market Supply Short-term holders, those who 
acquired Bitcoin relatively recently and are most sensitive to price 
drawdowns, have been routing coins to exchanges at an elevated pace. However, 
on-chain data from CryptoQuant data reveals a counterforce of equal or greater 
magnitude. Related Reading: What Every XRP Holder Must Understand As Activity 
Wanes The latest data points to a steady flow of Bitcoin moving into 
institutional hands, particularly through spot ETFs. Over the past 30 days, 
roughly 63,000 BTC has been accumulated by institutions. This figure stands in 
contrast to the daily selling pressure coming from short-term holders. As 
shown in the ETF flows chart below, which was first posted on the social media 
platform X by a crypto analyst with the name Crypto Tice, green bars 
representing ETF inflows consistently offset red periods of outflows, even 
during days where price action isn&#8217;t holding up as expected. This has given 
rise to a pattern of large buyers stepping in to buy BTC during dips and after 
they&#8217;ve slowed down, effectively soaking up available liquidity. Bitcoin ETF 
Tracker. Source: @CryptoTice_ On X Are Sellers Running Out Of Bitcoin To Sell? 
March had its ups and downs in terms of price action, with Bitcoin briefly 
reclaiming levels above $76,000 before falling back under pressure as selling 
increased toward the end of the month. As it stands, the Bitcoin price is most 
likely going to close March below $70,000, and it is even at risk of closing 
the month red, which would bring it to six consecutive months of bearish 
closes. At the time of writing, Bitcoin is trading at $67,339, which places it 
just 0.57% above its March open of $66,970. Related Reading: The Bitcoin Price 
Bottom Is Close, But There Is Still A Crash Below $60,000 Left On the other 
hand, US-based Spot Bitcoin ETFs are currently sitting on $1.2 billion in net 
inflows for March 2026, bringing an end to four consecutive months of net 
outflows. This turnaround shows that institutional appetite is starting to 
return after a prolonged period of reduced exposure, with capital gradually 
flowing back into Bitcoin. Although these inflows have not been strong enough 
to fully counterbalance the short-term selling pressure on the Bitcoin price, 
they do point to a willingness among larger players to accumulate at the 
current price range. Short-term holders, by definition, have a finite supply 
of coins acquired at recent prices. If the current absorption rate continues, 
then the supply available to sellers will continue declining while demand is 
still strong. Featured image created with Dall.E, chart from Tradingview.com

Bitcoin Sell-Offs Are Ramping Up As Price Struggles, But Where Is All That BTC Going To?

The Royal Government of Bhutan is suspected of selling roughly 700 BTC, worth 
about $50M, after on-chain data from Onchain Lens and Arkham Intelligence 
flagged two large transfers from wallets attributed to its sovereign 
investment arm, Druk Holding &amp; Investments…

Bhutan’s BTC transfers deepen questions over sovereign crypto strategy

A Coinbase Institute survey suggests crypto has become the financial starting 
point for most 16-25-year-olds in the UK, as digital assets become a powerful 
credibility test for political parties.

Crypto gains political clout among 80% of UK young voters

Slow Fog flags malicious axios releases pulling in plain-crypto-js malware, 
exposing crypto developers to cross-platform RATs and stolen credentials via 
npm. Blockchain security firm Slow Fog has issued an urgent security reminder 
after newly published axios@1.14.1 and axios@0.3.4 releases pulled…

Cryptocurrency price in MXN