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Here’s what happened in crypto today

On October 27, 2023, Bitcoin experienced a significant price surge, reaching a new high of $45,000, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, climbing to $3,200, as developers announced upcoming upgrades to enhance scalability. Meanwhile, regulatory discussions in the U.S. continued to evolve, with lawmakers considering clearer guidelines for cryptocurrency exchanges. Additionally, a major NFT marketplace reported a record number of transactions, highlighting the growing popularity of digital collectibles. Overall, the crypto market showed strong momentum, attracting both retail and institutional investors.

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Senate Agriculture's crypto market structure draft peppered with Democrat pitches

The Senate Agriculture Committee has released a draft proposal aimed at establishing a regulatory framework for the cryptocurrency market, incorporating various suggestions from Democratic members. Key provisions include enhanced consumer protections and measures to address market manipulation. The draft emphasizes the need for clear definitions of digital assets and regulatory

Bitcoin’s weakness versus gold and equities puts quantum computing fears back in focus

Bitcoin has been underperforming compared to gold and equities, raising concerns about its stability as a store of value. This weakness has reignited fears regarding the potential impact of quantum computing on cryptocurrency security, as quantum technology could threaten the cryptographic algorithms that underpin Bitcoin. Analysts suggest that if quantum

Ethereum Foundation makes post quantum security a top priority as new team forms

The Ethereum Foundation has prioritized post-quantum security by forming a dedicated team to address potential threats posed by quantum computing to blockchain technology. This initiative aims to enhance the security of Ethereum's infrastructure and smart contracts against future quantum attacks. The new team will focus on researching and

Ethereum prepares for quantum era with new security team and funding

Ethereum is taking proactive steps to enhance its security in anticipation of potential quantum computing threats. The Ethereum Foundation has established a dedicated security team focused on developing quantum-resistant solutions. Additionally, the foundation has secured new funding to support these initiatives, aiming to ensure the network's resilience against

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Senate Agriculture's crypto market structure draft peppered with Democrat pitches

Bitcoin’s weakness versus gold and equities puts quantum computing fears back in focus

Ethereum Foundation makes post quantum security a top priority as new team forms

Ethereum prepares for quantum era with new security team and funding