fast – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 03 Aug 2025 18:35:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 fast – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Kraken Grows Fast, But Profits Dip Ahead of 2026 IPO Plans https://earlybirdsinvest.com/kraken-grows-fast-but-profits-dip-ahead-of-2026-ipo-plans/ https://earlybirdsinvest.com/kraken-grows-fast-but-profits-dip-ahead-of-2026-ipo-plans/#respond Sun, 03 Aug 2025 18:35:29 +0000 https://earlybirdsinvest.com/kraken-grows-fast-but-profits-dip-ahead-of-2026-ipo-plans/

Crypto exchange Kraken



$214.27M

has
shared its financial results for the second quarter of 2025, which show solid growth in some areas but a drop in earnings.

Revenue came in at $411.6 million, up 18% compared to the same period in 2024. However, adjusted earnings fell by 7%, landing at $79.7 million, down from $85.5 million in Q2 2024.

The company pointed to economic uncertainty in the US, including new tariffs, as one reason for the lower profit. At the same time, Kraken said it is focused on building long-term growth rather than short-term returns.

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Recent product updates support that shift. In April, Kraken launched foreign exchange (forex) perpetual futures. It also rolled out stock trading for US users, which allows them to manage shares and cryptocurrencies in a single app.

By June, it had added xStocks, a new offering that lets users trade tokenized versions of major company stocks and exchange-traded funds (ETFs).

Trading activity on the platform remained strong, where volume reached $186.8 billion, up 19% from a year earlier. Client assets held on the platform rose 47% to $43.2 billion.

The number of funded accounts climbed by 37%, reaching 4.4 million, while Kraken’s market share in converting stablecoins to regular currency increased from 43% to 68%.

This earnings update comes as the company works toward raising $500 million at a $15 billion valuation. The goal is to prepare for a possible stock market listing in 2026.

On July 17, Kraken rolled out futures trading for US users through a regulated platform. How does it work? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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Fast Pair notifications for TWS buds are getting a helpful visual tweak (APK teardown) https://earlybirdsinvest.com/fast-pair-notifications-for-tws-buds-are-getting-a-helpful-visual-tweak-apk-teardown/ https://earlybirdsinvest.com/fast-pair-notifications-for-tws-buds-are-getting-a-helpful-visual-tweak-apk-teardown/#respond Mon, 21 Jul 2025 06:39:25 +0000 https://earlybirdsinvest.com/fast-pair-notifications-for-tws-buds-are-getting-a-helpful-visual-tweak-apk-teardown/
Fast Pair popup on a Xiaomi 14T Pro

Mishaal Rahman / Android Authority

TL;DR

  • Google is updating the Fast Pair notification UI for TWS earbuds to make battery status easier to read at a glance.
  • The redesigned notifications include circular battery progress bars, repositioned battery icons, and clear labels for each component.
  • Battery changes trigger color changes for the new progress bars for a better visual impact.

A few years ago, Google introduced a useful Fast Pair feature that allows users to check the battery status of their true wireless earbuds quickly. If you’re using Fast Pair-enabled earbuds, you may have noticed that every time you open the case, a notification pops up showing the battery levels of each component: the left bud, right bud, and the case. You also receive a notification when the battery on any of these components is running low, prompting you to recharge them in time.

Now, Google is refining the user interface of these battery notifications to make battery status easier to understand at a glance.

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An APK teardown helps predict features that may arrive on a service in the future based on work-in-progress code. However, it is possible that such predicted features may not make it to a public release.

Currently, the notification displays an image of both earbuds and their case, with the battery percentages listed at the bottom in a simple, minimal layout. While it works just fine, the design offers limited visual cues. Google is now working on introducing certain handy tweaks and color changes to make these notifications more informative and engaging.

During our teardown of the latest beta version of Google Play Services (version 25.28.31), we discovered that Google is testing a revamped UI for Fast Pair battery notifications. The most noticeable change is the addition of a circular progress bar to represent battery percentage, in addition to the numerical value still listed at the bottom of each component. Battery icons have also been repositioned to the top of the components. These new visual elements make it easier to quickly assess how much charge remains in each earbud and the case.

Additionally, the notification now includes clear labels — L (Left), R (Right), and C (Case) — next to each icon, making it much easier to distinguish which battery level belongs to which component. This is an improvement over the current design, which lacks any labeling.

Moreover, Google is also updating notifications for low battery levels. The circular battery indicators change color based on the charge level: yellow when the battery falls below 50%, and red when it drops under 20%. While this color-coding isn’t entirely new (the current UI also changes the color of the battery icon), the new implementation makes the change more noticeable and tied directly to the visual progress bar.

While this isn’t a major UI overhaul, it makes battery status much easier to interpret. It’s unclear when the new UI will roll out, but it should happen soon. We’ll keep an eye out and let you know when the change goes mainstream.

Got a tip? Talk to us! Email our staff at news@androidauthority.com. You can stay anonymous or get credit for the info, it’s your choice.
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Lamborghini and Wilder World Collaborate on New Temerario GT3 and Fast ForWorld Expansion https://earlybirdsinvest.com/lamborghini-and-wilder-world-collaborate-on-new-temerario-gt3-and-fast-forworld-expansion/ https://earlybirdsinvest.com/lamborghini-and-wilder-world-collaborate-on-new-temerario-gt3-and-fast-forworld-expansion/#respond Tue, 08 Jul 2025 23:58:12 +0000 https://earlybirdsinvest.com/lamborghini-and-wilder-world-collaborate-on-new-temerario-gt3-and-fast-forworld-expansion/

The emblematic sports car brand, Automobili Lamborghini, announced the first major metaverse expansion of its proprietary digital platform, Fast ForWorld, by bringing the new Temerario, as well as its GT3 counterpart, to the leading photorealistic open-world Metaverse, Wilder World.

Setting Foot Into The Metaverse

Fast ForWorld is Automobili Lamborghini’s own platform and ecosystem for Web3 engagement. Used as the brand’s hub for gaming and other initiatives, redefining how communities interact with the brand in the digital world, the company is pushing the boundaries of innovation and cultural relevance.

Gravitaslabs is the executive technology company and creative studio behind Fast ForWorld’s platform and ecosystem. They are adept at creating gamified, immersive marketing platforms, digital experiences, and game-building. 

“With Fast ForWorld, we’re exploring innovative ways for our community to experience Automobili Lamborghini – beyond the road and beyond the physical world. Wilder World offers a dynamic platform where the essence of our cars – performance, design, and presence – can thrive in new and meaningful ways.

By enabling users to activate and utilize the NFTs they acquire, this collaboration marks a significant first step toward creating a true digital twin of the real-world vehicle, bridging the gap between physical and virtual automotive experiences.” – said Lamborghini’s Marketing Director.

The new Lamborghini Temerario and its Grand Touring (GT) counterpart, the GT3, will be unveiled at the Goodwood Festival of Speed in England on July 11th. Shortly afterward, both vehicles will be mintable as limited-edition digital collectibles in the early access AAA title Wilder World. 

The collection will be integrated as Universal Digital Assets (UDAs), designed by Animoca Brands’ Motorverse. This will enable them to seamlessly transition between various Web3 apps, other virtual worlds, and traditional games. Motorverse is a global ecosystem of interoperable digital cars for games, virtual worlds, and immersive experiences.

Game Details

The game is a massive, photorealistic, open-world Metaverse, where players can engage in high-stakes racing, intense first-person shooter (FPS) battles, story-driven missions, and various other social events.  

Every item, plot of land, and experience is part of a decentralized economy, all of which is facilitated on the Polygon Chain. Backed by industry pioneers such as Samsung, Epic Games, and NVIDIA, Wilder World bears the hallmarks of a new digital civilization.

n3o, co-founder of Wilder World, shared:

We’re thrilled to partner with Automobili Lamborghini to evolve Fast ForWorld into a multi-dimensional experience that goes far beyond collectibles, bringing the Lamborghini spirit into a living, breathing digital city. Together, we’re crafting a new frontier for multiple immersive brand experiences to be connected across the metaverse.” 

Automobili Lamborghini, founded in 1963, has spent decades crafting some of the most iconic cars in the luxury automotive world, whilst operating out of a single facility in Sant’Agata Bolognese. Now, it is making leaps into new, digital territory by staying true to its core values: brave, unexpected, and authentic. 

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Glassnode’s James Check: Bitcoin Treasury Hype Could Be Fading Fast https://earlybirdsinvest.com/glassnodes-james-check-bitcoin-treasury-hype-could-be-fading-fast/ https://earlybirdsinvest.com/glassnodes-james-check-bitcoin-treasury-hype-could-be-fading-fast/#respond Tue, 08 Jul 2025 02:02:24 +0000 https://earlybirdsinvest.com/glassnodes-james-check-bitcoin-treasury-hype-could-be-fading-fast/

James Check, lead analyst at Glassnode, has shared his views that the corporate Bitcoin
BTC


$107,665.78

treasury strategy may already be running out of steam.

In a July 4 post on X, he stated, “My instinct is the Bitcoin treasury strategy has a far shorter lifespan than most expect”.

Check explained that investors tend to support the first few companies to embrace Bitcoin, while later ones struggle to gain interest.

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He stated that the focus is shifting to companies that can show a clear purpose and a plan to keep growing their Bitcoin holdings over time.

Newer firms often attract small investors who hope for quick returns, but Check pointed out that these investors have limited resources and can quickly lose interest. While he remains confident in Bitcoin’s long-term value, he noted that there is a difference between being an early leader and being one of many trying to copy a successful model.

Some companies still have room to grow, but many will struggle to stand out as more firms try the same strategy.

His view aligns with Udi Wizardheimer, co-founder of Taproot Wizards, who said some founders see the Bitcoin treasury idea as a way to make quick money without fully understanding it.

Wizardheimer also noted that weaker companies might eventually be bought by stronger ones as the market adjusts and consolidates.

Recently, Glassnode and Gemini reported that centralized treasuries hold 30.9% of all BTC, roughly 6.1 million coins valued at $668 billion. How was this calculated? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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Saylor says BTC Treasury companies can grow as fast as they can issue credit and buy Bitcoin https://earlybirdsinvest.com/saylor-says-btc-treasury-companies-can-grow-as-fast-as-they-can-issue-credit-and-buy-bitcoin/ https://earlybirdsinvest.com/saylor-says-btc-treasury-companies-can-grow-as-fast-as-they-can-issue-credit-and-buy-bitcoin/#respond Mon, 30 Jun 2025 01:55:23 +0000 https://earlybirdsinvest.com/saylor-says-btc-treasury-companies-can-grow-as-fast-as-they-can-issue-credit-and-buy-bitcoin/

At the BTC Prague conference this week, Strategy (formerly MicroStrategy) co-founder Michael Saylor stated that Bitcoin treasury companies can grow as quickly as they can issue equity and credit to purchase Bitcoin.

Delving into the business model of Bitcoin treasury companies like Strategy, Saylor explained how corporate investment in BTC can far outpace individual investments.

Business model of Bitcoin treasury companies

Several major companies have announced plans or are mulling the launch of a Bitcoin treasury. For instance, earlier this week, Brian Armstrong, CEO of Coinbase, the largest U.S. crypto exchange, hinted at launching a BTC treasury. The $2.3 billion Trump Media, which is majority owned by President Donald Trump, raised to buy BTC was effectively approved by the U.S. Securities and Exchange Commission (SEC) earlier this month.

Saylor explained that BTC treasury companies, which have been growing in popularity over the past few months, have a very simple yet ‘elegant’ business model.

Saylor explains this with an example. Let’s say a dentist buys about $200,000 worth of BTC every year. In 20 years, the dentist would have bought about $2 million worth of BTC.

However, a public corporation can buy BTC at a much faster rate. A company can issue credit in the form of anything from convertible bonds, junk bonds, to preferred stocks, and buy $2 million worth of BTC in a month.

According to Saylor, companies buying BTC can become immediately profitable, allowing them to issue securities and buy large amounts of BTC every month. He said:

“…the simplicity in the business model is I’m just going to issue billions and billions and billions of dollars of securities and buy billions and billions and billions of dollars of Bitcoin.”

This model, Saylor believes, will transform the equity and capital markets from being cash-based to Bitcoin-based.

“…that’s I think, what we see right now in the market, that we are going into a BTC-denominated world.”

BTC Treasury companies can grow as fast as they can issue equity

Saylor noted that the “rate at which a company can issue equity or credit,” and use it to buy BTC, is “exponential.” A Bitcoin treasury company’s growth rate is, therefore, significantly faster than traditional business cycles. Saylor said:

“You can grow literally as fast as you can issue the security and buy the Bitcoin. And that is an investment cycle which is 1,000 times faster than a physical real estate cycle or a business cycle. So it’s faster, it’s homogeneous.”

According to Saylor, credit or equity is valued based on expected future cash flows—investors buy security and lend money to the company based on how much the firm can earn in the future. In the long term, the value of the cash can also decline. This means that there is a long “heterogeneous equity risk,” Saylor said.

But Bitcoin treasury companies are valued based on their ability to buy Bitcoin rather than via operations, which calls for special metrics to value Bitcoin-backed equity.

Mentioned in this article
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Tesla Just Achieved a Big Milestone With Its Robotaxi Launch. But There's Another Potential Speed Bump Fast Approaching. https://earlybirdsinvest.com/tesla-just-achieved-a-big-milestone-with-its-robotaxi-launch-but-theres-another-potential-speed-bump-fast-approaching/ https://earlybirdsinvest.com/tesla-just-achieved-a-big-milestone-with-its-robotaxi-launch-but-theres-another-potential-speed-bump-fast-approaching/#respond Tue, 24 Jun 2025 06:47:41 +0000 https://earlybirdsinvest.com/tesla-just-achieved-a-big-milestone-with-its-robotaxi-launch-but-theres-another-potential-speed-bump-fast-approaching/

Tesla (TSLA 8.19%) and its CEO Elon Musk recently achieved a big milestone — they launched the company’s first self-driving robotaxis for paying customers in Austin, Texas. It’s an initiative that Musk first discussed in 2016. While it looks more like a soft launch, it’s still a big step for Tesla, which plans to launch a fully autonomous robotaxi fleet. Many investors think that could be a massive new business for the company that will justify Tesla’s monster valuation.

Still, Tesla has a lot going on right now. Remember, the company’s core business is still electric vehicles (EVs), and that business is facing a critical event in just a few weeks’ time.

Q2 EV Deliveries to soon be announced

Tesla is expected to announce its second-quarter EV delivery figures in the first week of July. As many investors likely recall, first-quarter deliveries came in at roughly 337,000, its lowest quarterly number in over two years. Many investors have been concerned that Musk’s close ties to President Donald Trump and his period of leading Trump’s Department of Government Efficiency (DOGE) have alienated a significant portion of Tesla’s potential customer base.

Person in self-driving car.

Image source: Getty Images.

While Musk has stepped down from his work with DOGE to refocus on his businesses, data thus far on Tesla’s sales in the second quarter has been less than encouraging. Monthly sales data from Europe showed that Tesla’s sales once again faltered in April in countries including the United Kingdom, the Netherlands, Denmark, Portugal, Sweden, and France.

Other data suggests that its sales in China have struggled in the second quarter as well. Aside from politics and brand image, Tesla may also be struggling there as a result of increasing competition from competitors like BYD, which has grabbed a dominant market share in China. BYD’s EVs are cheaper and its newest tech can charge faster than Tesla’s. These factors, in my opinion, will pose a bigger problem for Tesla than its brand or political issues, which are likely to fade over time.

Wall Street analysts are modeling for second-quarter deliveries of roughly 400,000, which would be an improvement from the first quarter, but a 10% year-over-year decline. However, some analysts don’t expect investors to care much if Tesla misses estimates.

“The Tesla narrative has increasingly turned to AV/Robotaxi, with investors likely more focused on the planned June 22 Robotaxi launch and Tesla’s path to scaling AV than on 2Q deliveries/overall fundamentals,” wrote Barclays analyst Dan Levy in a recent research note. Levy is modeling for 375,000 Tesla EV deliveries in the second quarter.

Other analysts are more concerned.

In early June, Wells Fargo analyst Colin Langan posted a research note suggesting Tesla’s deliveries in the second quarter were down 21% year-over-year on a quarter-to-date basis. Langan has a sell rating on the stock and a price target that implies a downside of more than 60%.

It’s also worth noting that Tesla has become a battleground stock, with some analysts extremely negative and others like Wedbush’s Dan Ives very bullish.

Will anyone care if Tesla disappoints?

At this point, there have been many negative headlines about Tesla’s EV deliveries in the second quarter, but the stock is up close to 24% quarter to date as of June 20.

As Levy mentioned, most Tesla shareholders at this point appear to be focused on future initiatives like robotaxis and Optimus humanoid robots. If Tesla does underperform on EV deliveries, I think it could suggest that the core EV business has a real problem and is being undermined by more than just Musk’s politics, which would present a fundamental problem for the EV business.

The stock may not fall much, but then investors will be heavily dependent on the performance of the robotaxi fleet, and reliant upon the Optimus robot business to scale up quickly as well. With Tesla trading at 168 times forward earnings, that bet is only becoming riskier for investors.

Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends BYD Company and Barclays Plc. The Motley Fool has a disclosure policy.

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New Demand For Bitcoin Is Drying Up Fast – Capital Exits At Scale https://earlybirdsinvest.com/new-demand-for-bitcoin-is-drying-up-fast-capital-exits-at-scale/ https://earlybirdsinvest.com/new-demand-for-bitcoin-is-drying-up-fast-capital-exits-at-scale/#respond Fri, 20 Jun 2025 19:34:54 +0000 https://earlybirdsinvest.com/new-demand-for-bitcoin-is-drying-up-fast-capital-exits-at-scale/

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Bitcoin has entered a prolonged phase of sideways price action, trading in a tight consolidation range just below its $112,000 all-time high. Since late May, BTC has repeatedly tested the upper boundary around $110,000 but has failed to break above it convincingly. At the same time, bears have been unable to push the price lower in a meaningful way, keeping Bitcoin locked in a stagnant pattern.

This lack of direction is frustrating both bulls and bears, with many analysts expecting a major move to unfold soon. On-chain metrics suggest that market momentum may be fading, especially among newer participants. According to data from CryptoQuant, short-term holders currently hold 4.5 million BTC, which is 800,000 fewer than they held on May 27. This signals a significant drop in speculative demand, as “new money” appears to be drying up in the current market environment.

Without fresh inflows of capital or a strong shift in sentiment, Bitcoin may continue hovering near key resistance for the time being. However, as history shows, such compressions often precede explosive volatility, making the coming days potentially pivotal for Bitcoin’s next major trend.

Volatility Grows But Bitcoin Holds Strong Above Key Support

Bitcoin continues to weather macro and geopolitical turbulence, holding firm above the critical $103,600 support despite growing volatility. As Middle East conflicts escalate and macroeconomic pressures mount—including rising US Treasury yields and persistent inflation risks—financial markets remain fragile. Yet, Bitcoin appears to thrive in this uncertain environment, consolidating with resilience near all-time highs.

Market analysts remain split on what’s next. Some suggest that Bitcoin needs clearer signals, particularly from geopolitical or economic developments, before it can break out in either direction. Others argue that BTC is simply building energy for the next leg up, and price discovery beyond $112,000 is only a matter of time.

However, recent on-chain data from CryptoQuant suggests that bullish momentum may be fading, at least temporarily. Short-term holders, often the most reactive participants in the market, have reduced their holdings to 4.5 million BTC. That’s a drop of 800,000 BTC since May 27. Even more striking is the demand momentum, which has now fallen to –2 million BTC—the worst reading on record. This suggests new money is no longer entering the market at meaningful levels, dampening the potential for an immediate rally.

Bitcoin Demand Momentum | Source: CryptoQuant on X
Bitcoin Demand Momentum | Source: CryptoQuant on X

Despite these metrics, Bitcoin’s ability to stay above $103,600 reflects underlying strength. As the market enters a potential inflection point, this equilibrium may soon give way to a decisive move—up or down.

BTC Price Holds Steady Within Key Range

The daily Bitcoin chart shows BTC continuing to consolidate within a well-defined range, trading between $103,600 and $109,300. Since reaching its all-time high of $112,000 in late May, price action has flattened, signaling indecision among market participants. The 50-day simple moving average (SMA) is now acting as dynamic support, aligning closely with the $104,700 region, while the $109,300 zone has repeatedly served as resistance, rejecting further upside attempts.

BTC holding the 50-day MA | Source: BTCUSDT chart on TradingView
BTC holding the 50-day MA | Source: BTCUSDT chart on TradingView

Volume remains relatively low, reflecting a lack of conviction from both bulls and bears. However, despite several tests of the lower boundary near $103,600, Bitcoin has not broken down, suggesting buyers are still absorbing sell pressure and defending the trend. On the upside, any daily close above $109,300 could open the door to a retest of the $112,000 level and potentially new highs.

This tight structure sets the stage for a breakout. Momentum will likely build once the price escapes this zone, especially with macroeconomic uncertainties and geopolitical tensions driving volatility. Until then, traders should monitor how BTC behaves around these boundaries, as a decisive move in either direction will likely dictate short-term market sentiment.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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The Quantum Computing Threat to Bitcoin Is Real — and Coming Fast https://earlybirdsinvest.com/the-quantum-computing-threat-to-bitcoin-is-real-and-coming-fast/ https://earlybirdsinvest.com/the-quantum-computing-threat-to-bitcoin-is-real-and-coming-fast/#respond Wed, 11 Jun 2025 13:28:12 +0000 https://earlybirdsinvest.com/the-quantum-computing-threat-to-bitcoin-is-real-and-coming-fast/ A quarter of the total Bitcoin supply could be at risk.

Crypto investors are accustomed to volatility risk. You have to be when prices of coins regularly swing by 10% or more in mere days. Unfortunately, volatility is just one of several potential pitfalls of crypto investing. And sometimes, the short-term noise can make it easy to overlook the bigger, longer-term risks.

Quantum computing is one such long-term threat. Without delving too deeply into how these two complex technologies work, the issue is that if quantum computers become powerful enough, they will pose a significant threat to Bitcoin‘s (BTC -0.12%) security. If you’re a buy-and-hold investor with an interest in crypto, this is an issue you need to have on your radar.

The crypto community thought they had decades before quantum computing became a pressing problem. However, a recent article on Decrypt, a news website focused on the decentralized web, says that experts are now worried that the industry has a decade, or maybe only a handful of years, to prepare. Moreover, around 4 million Bitcoins could be at risk right now.

Bitcoin’s quantum computing threat

To be clear, quantum computing is not going to break the cryptographic protection around people’s wallets today. However, in 1994, a mathematician called Peter Shor published an algorithm that showed how a quantum computer, if it were powerful enough, could break the encryption standards commonly used nowadays.

It’s all about how crypto keys work. Bitcoin and other cryptocurrencies use a system of public and private keys to authenticate transactions. Let’s say I wanted to send you some Bitcoin. I would use your public key to make the transfer. You would then use your private key — like the PIN to your bank card, only much, much longer — to finalize the transaction.

Each public key is generated from the corresponding private key. Asymmetric cryptography makes it practically impossible to reverse-engineer a private key from a public one. Using classical computers — the digital type with which we are all familiar — the task would require a prohibitive amount of time and computing power. But it isn’t impossible.

Quantum computers, though, use a different technology for solving problems, and for certain unusual uses, that method could be much faster. One of those potential uses is solving the type of problem that would derive a private key from a public one. And once someone knows your private key, they can then access or transfer your crypto.

Over 4 million Bitcoins at risk

Bitcoins are only vulnerable if the public key is known. Addresses that were used for early transactions on the blockchain are particularly susceptible to quantum computing attacks. Newer addresses are only at risk if they’ve been revealed during a transaction and subsequently reused.

Deloitte set out to understand the scale of the problem. Its analysis shows that more than 4 million Bitcoins (about 25% of all usable Bitcoins) could be stolen once quantum computing systems advance enough to break their encryption. Some could be transferred to safer addresses, but others are stuck in inaccessible wallets because the owners no longer have the keys.

The theft of any Bitcoins by breaking their encryption — never mind millions of them — would undermine confidence in the coins and could have a serious impact on their price. Moreover, a security vulnerability of this magnitude could compromise (if not destroy) Bitcoin’s potential use cases.

The B symbol of Bitcoin lights up on a computer network.

Image source: Getty Images.

Quantum computing is advancing fast

Having understood the scale of the problem, the next question is how quickly quantum computing is developing. Here, too, there’s cause for concern. A recent blog post from Google revealed that the number of qubits — basic units of quantum computing — required to break the widely used 2,048-bit RSA encryption protocol has been shrinking quickly.

In 2012, the post notes, it would have taken 1 billion qubits. By 2019, 20 million qubits. This year, it’s down to 1 million qubits.

In sum, cracking that hard encryption today could be done with a machine 1,000 times less powerful than it would have taken 13 years ago. Even so, 1 million qubits is a lot. Scientists are moving quickly, but they are still a long way from building a machine of that scope that can stay stable long enough to perform the required calculations.

Crypto community needs to act

Quantum computing is not going to break the cryptography protecting people’s crypto wallets today. However, the day when it will be able to is closer than many choose to admit. The Bitcoin community is starting to discuss how to prepare, but implementation of any response will take time.

For example, researchers at the University of Kent say that upgrading to post-quantum cryptosystems could take 75 days of downtime — or over 300 days if the Bitcoin network operated at 75% capacity. The community would also need to reach a consensus about how to handle the old and abandoned Bitcoins that cannot be transferred to safe addresses.

What the quantum threat means for investors

If you are a holder of Bitcoin, it’s important to understand the nature of this problem and to ensure that your Bitcoin is in a secure address. More broadly, you should consider how this looming threat impacts your investment thesis. If you invested in Bitcoin because you saw potential in its secure, decentralized transactions, the threat from quantum computing could undermine your rationale.

Some cryptos, such as Solana (SOL 3.59%), are actively pursuing post-quantum security. And some newer crypto projects already boast about their protocols’ resistance to quantum computing attacks. However, buying smaller altcoins comes with its own risks. Frankly, in a worst-case scenario where millions of hacked Bitcoins flood the market, it is hard to imagine how even quantum-resistant projects would avoid getting washed away in the chaos.

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Mayer Mizrachi Floats Bitcoin Fast Pass for Panama Canal Ships https://earlybirdsinvest.com/mayer-mizrachi-floats-bitcoin-fast-pass-for-panama-canal-ships/ https://earlybirdsinvest.com/mayer-mizrachi-floats-bitcoin-fast-pass-for-panama-canal-ships/#respond Sat, 31 May 2025 06:49:05 +0000 https://earlybirdsinvest.com/mayer-mizrachi-floats-bitcoin-fast-pass-for-panama-canal-ships/

Mayer Mizrachi, the mayor of Panama City, has suggested letting ships use Bitcoin
BTC


$103,568.03

as a way to move faster through the Panama Canal.

He shared the idea on May 29 during a panel at the Bitcoin 2025 conference in Las Vegas.

The session also featured El Salvador’s Bitcoin policy advisors, Max Keiser and Stacy Herbert, with Mike Peterson from Bitcoin Beach acting as the moderator.

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Mizrachi proposed that ships paying in Bitcoin could be allowed to jump ahead in the queue. He described it as a possible incentive that would encourage the use of cryptocurrencies while giving cargo operators a chance to save time.

The Panama Canal is one of the most important waterways in global trade. It connects the Atlantic and Pacific Oceans and allows vessels to avoid the much longer trip around South America.

Ships already pay different amounts based on their size, cargo type, and schedule preferences. Mizrachi’s proposal would add an extra option, paying in Bitcoin in exchange for faster access.

Along with the canal idea, Mizrachi has also proposed creating a Bitcoin reserve for Panama City. Since the capital city generates over half of the country’s economic activity, he argued that such a step could be taken without national approval.

He also urged lawmakers to avoid rushing into cryptocurrency regulation. Mizrachi said:

Don’t touch it, don’t get near it, don’t even look at it, let it operate, let it function.

Recently, Ross Ulbricht, who once faced a life sentence, spoke before a live audience at the conference. What did he talk about? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency https://earlybirdsinvest.com/fast-food-giant-steak-n-shake-launches-bitcoin-payments-boosts-financial-efficiency/ https://earlybirdsinvest.com/fast-food-giant-steak-n-shake-launches-bitcoin-payments-boosts-financial-efficiency/#respond Wed, 28 May 2025 00:06:30 +0000 https://earlybirdsinvest.com/fast-food-giant-steak-n-shake-launches-bitcoin-payments-boosts-financial-efficiency/

Fast food chain Steak ‘n Shake has expanded its payment options to include Bitcoin (BTC) at all of its locations globally, where regulations permit.

The rollout, which began on May 16, utilizes the Lightning Network to enable faster and lower-cost transactions.

The company’s COO, Dan Edwards, revealed the development on May 27 at the Bitcoin 2025 Conference in Las Vegas, which kicked off the same day and included a keynote by Senator Cynthia Lummis and Council of Advisers for Digital Assets executive director Bo Hines.

Exceeded expectations

Edwards revealed that the initial response exceeded expectations. On the first day alone, Steak ‘n Shake accounted for 1 out of every 500 Bitcoin transactions worldwide. He attributed this to strong interest from customers eager to use Bitcoin as a payment method in a real-world retail setting.

The company is already seeing measurable financial benefits from the integration. Edwards said Bitcoin payments have allowed Steak ‘n Shake to reduce its payment processing fees by approximately 50% compared to traditional credit card transactions.

This is due in part to the efficiency of the Lightning Network, which facilitates near-instant settlement with lower transaction costs.

Edwards emphasized that the decision to integrate Bitcoin was a serious and permanent addition to the company’s payment infrastructure. He further clarified that it was not a promotional experiment or limited-time offering, but rather a long-term option that the company now supports alongside traditional fiat methods.

To mark the launch, several locations in Las Vegas introduced special Bitcoin-themed menu items. These include the Bitcoin Burger, Super-Sized Bitcoin Meal, and Bitcoin Milkshake. Edwards also said the company is working on a new “blockchain menu,” though further details were not provided.

Seamless implementation

According to Edwards, the technical implementation was designed to be seamless and accessible for customers.

Since enabling Bitcoin payments, Steak ‘n Shake has observed a sustained increase in transaction activity. Edwards stated that customer behavior shifted quickly following the integration, with many opting to pay in Bitcoin and returning for repeat purchases.

The company has not yet released specific transaction volumes but indicated that the trend has continued beyond the initial launch period.

In addition to payment acceptance, Edwards noted that Steak ‘n Shake is investing in broader digital transformation. He referenced upcoming plans involving autonomous systems, AI, and blockchain-related technology, and confirmed that the company is actively hiring engineers to support these initiatives.

Edwards concluded his remarks by encouraging the audience to recognize Bitcoin’s growing utility in retail and hospitality environments. He framed the rollout as part of Steak ‘n Shake’s continued evolution in response to shifting customer expectations and new technology standards.

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