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23,300 BTC Moved to Exchanges at Loss as Bitcoin Drops Below $64,000

The post 23,300 BTC Moved to Exchanges at Loss as Bitcoin Drops Below $64,000 appeared on BitcoinEthereumNews.com.Bitcoin fell sharply early Saturday session, dropping to a low of $63,019 as traders considered macro concerns. Over $514 million in crypto positions have been liquidated in the last 24 hours, according to CoinGlass data, with Bitcoin accounting for $193 million. Bitcoin extended an earlier drop on Friday after a report showed U.S. producer prices rose more than expected, suggesting that inflationary pressures remain. February is ending with losses for Bitcoin (currently down 19%), with this economic data reinforcing bets that the Federal Reserve might remain on hold for the time being. For Bitcoin, the losses extend a months-long sell-off in crypto markets, beginning with the liquidation of some $19 billion in leveraged positions in October, just days after Bitcoin rose to an all-time high above $126,000. Crypto Market Review: Bitcoin’s $70,000 Guarded Like Treasure, Will Shiba Inu Have Bullish March? Ethereum Breaks Above 100-Day Threshold XRP Volume Rises 212%, Bitcoin ETFs Back in Demand With $506 Million, Dogecoin Price Reclaims $0.10 — U.Today Crypto Digest You Might Also Like Bitcoin surged to a record high of $126,198 in October 2025. A sharp sell-off followed, leaving digital assets under pressure and investors increasingly cautious. Any sustained rebound would offer relief after cryptocurrencies were hit by a sell-off late last year. 23,300 BTC sent to exchanges at loss Bitcoin extended its sell-off, falling below $64,000 with short-term holders sending 23,300 BTC to exchanges at a loss in the last 24 hours. The Crypto Fear and Greed Index remains in extreme fear at 14. Over 9 million Bitcoin, about 45% of all tokens in circulation, is currently worth less than what its holders paid for it, according to on-chain data. This explains why holders sell into any bounce, limiting upward momentum. Of the first 22 days in February, 19 saw net losses,...

Bitcoin Ethereum NewsBTC
12h ago

Bitcoin Plunges Below $63,000 Amid US-Israel Strikes on Iran

Bitcoin (BTC) faced a sharp decline on February 28, falling to $62,938 after the US and Israel announced a military operation targeting Iran. BTC lost 4.2% of its value, while Ether (ETH) dropped 5% to $1,783. The sell-off reflected immediate investor reactions to sudden geopolitical tensions in the Middle East. Approximately $128 billion in total [...]

TronweeklyBTC
12h ago

Bitcoin Falls Near $63K After US–Israel Strikes on Iran Trigger $515M in Crypto Liquidations

Bitcoin fell near $63,000 after US Israel strikes triggered a sharp risk off move in crypto markets.Crypto liquidations reached $515 million as traders closed leveraged positions within hours.Market cap dropped to $2.2 trillion as investors moved funds into safer assets.Bitcoin fell sharply on Saturday and moved close to the $63,000 level after fresh geopolitical escalation. The drop followed coordinated U.S. and Israeli military strikes against Iran. Markets reacted quickly as investors reduced exposure to risk assets. At the time of writing, Bitcoin traded near $63,642 and lost 6.29% in 24 hours. Meanwhile, total crypto market capitalization fell 6.06% to $2.2 trillion.https://twitter.com/coinbureau/status/2027647997710880938?s=20Military Escalation Triggers Broad Risk-Off MoveIsraeli defense officials confirmed strikes on targets in Tehran and nearby areas. State media reported explosions near key military and political sites. Authorities in Israel declared a nationwide state of emergency soon after. Senior security sources indicated the operation involved both Israeli and U.S. forces.The strikes followed stalled diplomatic talks over Iran’s nuclear program and regional networks. Tensions had built for weeks before the military action. However, the escalation shifted global sentiment within hours. Investors moved away from volatile assets and reduced crypto exposure.Several governments reacted by issuing travel advisories. France, Kazakhstan, Cyprus, Belgium, Poland, and Greece urged citizens to avoid travel to Israel and Iran. These warnings reinforced concerns about wider regional instability. As a result, markets priced in higher geopolitical risk.Gold and government bonds attracted fresh inflows during the turmoil. At the same time, equities and digital assets faced selling pressure. This pattern reflects typical market behavior during global shocks. Consequently, cryptocurrencies recorded heavy losses across major exchanges.Liquidations Surge Across Major ExchangesData from CoinGlass showed rapid liquidations after the headlines emerged. Traders closed roughly $100 million in long positions within 15 minutes. Over the past 24 hours, total crypto liquidations reached $515.63 million.Long positions accounted for $443.24 million of that total. Short positions made up $72.36 million. In total, 153,008 traders faced liquidations during the period.ByBit and Binance recorded the highest liquidation volumes. ByBit saw $114.85 million wiped out. Binance followed with $108.17 million in liquidations.Bitcoin alone accounted for $199.12 million in liquidations. Of that amount, $175.17 million came from long positions. Short liquidations in Bitcoin totaled $23.95 million.Ethereum also faced heavy pressure. Ethereum liquidations reached $153.32 million. Long positions made up $137.48 million, while shorts totaled $15.84 million.Globally, 103,284 traders were liquidated within the same reporting window. The speed of forced closures reflected heightened leverage in the market. Therefore, volatility intensified as prices fell.Key Technical Levels Under FocusMarket participants are now monitoring key technical levels for Bitcoin. Analysts have identified $60,000 as a major psychological support level. A break below that area could trigger additional downside pressure.However, easing geopolitical tension could stabilize broader markets. Improved risk appetite may support a recovery toward the $65,000 region. For now, developments in the Middle East and macro conditions are guiding the crypto market direction.

CryptonewslandBTC
12h ago

Solana More Decentralized than Ethereum, Maybe Even Bitcoin: SOL Co-founder

Solana co-founder Anatoly Yakovenko has stated that his cryptocurrency network is more decentralized than Ethereum and perhaps even Bitcoin itself.

ZycryptoBTC
12h ago

Tokenized Gold Safe Haven 2026: Crypto’s Weekend Panic Exposes the Pressure Valve

The post Tokenized Gold Safe Haven 2026: Crypto’s Weekend Panic Exposes the Pressure Valve appeared first on Coinpedia Fintech NewsTokenized Gold Safe Haven 2026 isn’t just a catchy phrase infact it’s the plot twist in a brutal weekend for crypto especially. When news of U.S. and Israeli strikes on Iran broke on a Saturday, traditional markets were closed. Stocks? Shut. Bonds? Offline. Crypto? Wide awake and blinking red. And so it became the global ...

Coinpedia
12h ago