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NEW: 💸 Crypto venture firm Dragonfly Capital announces its $650m fourth fund.
@dragonfly_xyz partner @HadickM says, "governments of many of the world's super powers have started to embrace the benefits of $BTC, blockchains, stablecoins, tokenization and prediction markets."
⚡️BITMINE ACQUIRES 45K MORE ETH
BitMine Immersion Technologies (BMNR) just added 45,000 ETH to its treasury.
Ethereum holdings now total 4.37 million ETH, worth about $8.7B at $2K per coin, bringing total assets to $9.6B. Doubling down despite heavy unrealized losses.
🇺🇸‼️INCRÍVEL: Um barco de 12 metros é impresso em 3D em uma única peça por robôs, sem moldes e sem custos adicionais. Assim, o que antes exigia um estaleiro inteiro e levava meses, agora pode ser feito com uma impressora gigante em 6 dias.
LATEST: 📊 39% of crypto users across 15 countries now receive income in stablecoins, saving an average of 40% on fees for cross-border transfers, according to a BVNK survey.
🚨 $274,000,000,000 IN BITCOIN SELL PRESSURE COULD HIT THE MARKET THIS DECADE.
And this conversation isn’t coming from retail traders.
It’s coming from early Bitcoin analysts and longtime market participants who’ve been in the space since the beginning.
The concern here is not short-term price moves; it’s about QUANTUM COMPUTING.
A growing group of OG holders believes quantum tech is no longer a distant risk.
They think that within the next 5-10 years, quantum systems could become strong enough to challenge current cryptographic security, the same security Bitcoin depends on.
And if that happens, Bitcoin becomes one of the most obvious targets.
Not because the network is weak, but because it’s transparent, holds massive value, and runs on public-key cryptography.
Now here’s where the real overhang comes in.
There are roughly 4 million BTC from early eras (pre-2011) that are inactive or assumed lost.
Markets currently treat those coins as permanently out of circulation.
But if quantum computing ever makes it possible to access those wallets, even partially, that supply could come back into the market.
And markets won't wait for those coins to move; they'll price the possibility early.
To understand the scale of dead coins moving:
Since 2020, institutions and corporations together have accumulated roughly 3 million BTC.
That demand helped drive Bitcoin from around $10K to above $120K at peak levels.
So the idea of 4 million BTC potentially re-entering supply creates a long-term supply risk overhang on price.
And yes, quantum-resistant upgrades are already being researched.
But Bitcoin upgrades require global consensus, which is slow and difficult by design.
So until quantum protection is fully implemented, this remains a background risk narrative.
Obviously this quantum computing is not an immediate threat. But it is significant enough to stop big players from going all-in on Bitcoin.