Bitcoin has entered a period where preparations for quantum-resistant security should begin immediately, according to a new report from Coinbase's independent advisory board of cryptography experts.
Wealthy crypto investors have recently concentrated their buying in large-cap assets such as Bitcoin (BTC) and Ethereum (ETH), signaling a continued preference for perceived 'stability' amid uncertain market conditions. At the same time, several smaller tokens have slipped into extreme 'oversold' territory on short-term technical gauges, pushing traders to debate whether capitulation levels are forming.
Wall Street got to trade Bitcoin around the clock just in time to watch the market fall apart. CME Group launched 24/7 trading for its crypto futures and options on May 29, and over the first weekend, more than 7,200 contracts changed hands, worth roughly $50 million in notional value.