Google research: Quantum computers a “serious threat” to 6.7 million bitcoin, including Satoshi’s coins

Key Points:

• Ethereum has risen nearly 4% in the last 24 hours, trading around $2,065, and is set to record its first monthly green candle since August if it maintains this level, outperforming the broader market during the Iran War.
• BitMine Immersion Technologies, the largest Ethereum treasury and staking entity, acquired 71,179 tokens worth $146.3 million in the past week, highlighting crypto's potential as a wartime store of value amid rising oil prices.
• Despite recent gains, Ethereum ETFs have experienced significant outflows totaling $206.6 million last week and over $392.1 million in the past seven days, reflecting investor caution amid market volatility.
• The Ethereum Foundation staked a record $46.2 million worth of Ethereum recently, while Lido is considering a $20 million buyback of its LDO token, which has dropped nearly 96% since its 2021 peak.
• Altcoins including Ethereum, XRP, and Solana have dropped over 6% in the past week as the crypto market lost approximately $44 billion, with traders increasingly predicting further price declines for Ethereum, including an 81% chance it will fall below $1,750 this year.