The post Galaxy Digital Eliminates Quantum Risk from BTC Sale appeared on BitcoinEthereumNews.com. Galaxy Digital denied that a client’s $9 billion Bitcoin BTC The post Galaxy Digital Eliminates Quantum Risk from BTC Sale appeared on BitcoinEthereumNews.com. Galaxy Digital denied that a client’s $9 billion Bitcoin BTC

Galaxy Digital Eliminates Quantum Risk from BTC Sale

2 min read

Galaxy Digital denied that a client’s $9 billion Bitcoin BTC sale was related to quantum computing risks. Speculation spread in the crypto community after the company’s earnings call that the sale stemmed from concerns about BTC quantum resistance. Research head Alex Thorn emphasized in a Tuesday X post that the transaction did not originate from quantum computing concerns related to BTC.

Source: Alex Thorn

Is the Bitcoin BTC Quantum Computing Threat Real?

Galaxy Digital reported a net loss of $482 million in the fourth quarter of 2025 and $241 million for the year. Quantum computing threats have been debated in the crypto sector for a long time. Jefferies strategist Christopher Wood removed BTC from his portfolio, while Blockstream CEO Adam Back argued that the threat is 20-40 years away. Bitcoin developers support the BIP-360 proposal, which introduces a post-quantum signature option for vulnerable addresses. This proposal could provide protection against quantum attacks by migrating existing ECDSA signatures to P2TR addresses.

Source: Charles Edwards

Critical Support and Resistance Levels for BTC

Galaxy CEO Mike Novogratz stated that the market bottom is approaching with BTC’s drop below $74,000. According to current data, BTC price is at 76.285,35 USD level, 24-hour change -%2,46. RSI 26,74 (Oversold), overall trend bearish.

  • Supports: S1: 72.902,53 USD (⭐ Strong, %74 score, -%4,22 distance)
  • S2: 75.398,81 USD (⭐ Strong, %63 score, -%0,94 distance)
  • Resistances: R1: 77.776,49 USD (⭐ Strong, %74 score, +%2,18 distance)
  • R2: 82.177,57 USD (⭐ Strong, %60 score, +%7,96 distance)

Novogratz also expressed that the CLARITY Act could revitalize the crypto market. The bill aims to create the first comprehensive crypto frameworks by clarifying SEC and CFTC authorities in the US. Click for detailed BTC futures analysis.

Frequently Asked Questions About BTC Quantum Risk and Galaxy Sales

  • Were the BTC sales due to quantum computing? No, Galaxy Digital denied it with Alex Thorn’s statement.
  • When will the quantum threat affect BTC? According to Adam Back, 20-40 years; precautions are being taken with BIP-360.
  • Is BTC at the bottom? What does Novogratz say? Below 74,000 USD signals the bottom, CLARITY Act is supportive.

Trading Analyst: Emily Watson

Short-term trading strategies expert

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/galaxy-digital-eliminates-quantum-risk-from-btc-sale

Market Opportunity
Bitcoin Logo
Bitcoin Price(BTC)
$74,678.54
$74,678.54$74,678.54
-4.41%
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Role of Technology in Effective Decision Processes

The Role of Technology in Effective Decision Processes

Sound decision-making has always been a defining factor in organizational success, but the methods used to make those decisions have evolved significantly. As businesses
Share
Techbullion2026/02/04 21:16
Sonitor Recognized as Best in KLAS for RTLS for the Second Time in Three Years

Sonitor Recognized as Best in KLAS for RTLS for the Second Time in Three Years

Customer-driven recognition reinforces Sonitor’s leadership in precision location intelligence. ORLANDO, Fla.–(BUSINESS WIRE)–#BestinKLAS–Sonitor®, a global leader
Share
AI Journal2026/02/04 21:36
CME Group to launch Solana and XRP futures options in October

CME Group to launch Solana and XRP futures options in October

The post CME Group to launch Solana and XRP futures options in October appeared on BitcoinEthereumNews.com. CME Group is preparing to launch options on SOL and XRP futures next month, giving traders new ways to manage exposure to the two assets.  The contracts are set to go live on October 13, pending regulatory approval, and will come in both standard and micro sizes with expiries offered daily, monthly and quarterly. The new listings mark a major step for CME, which first brought bitcoin futures to market in 2017 and added ether contracts in 2021. Solana and XRP futures have quickly gained traction since their debut earlier this year. CME says more than 540,000 Solana contracts (worth about $22.3 billion), and 370,000 XRP contracts (worth $16.2 billion), have already been traded. Both products hit record trading activity and open interest in August. Market makers including Cumberland and FalconX plan to support the new contracts, arguing that institutional investors want hedging tools beyond bitcoin and ether. CME’s move also highlights the growing demand for regulated ways to access a broader set of digital assets. The launch, which still needs the green light from regulators, follows the end of XRP’s years-long legal fight with the US Securities and Exchange Commission. A federal court ruling in 2023 found that institutional sales of XRP violated securities laws, but programmatic exchange sales did not. The case officially closed in August 2025 after Ripple agreed to pay a $125 million fine, removing one of the biggest uncertainties hanging over the token. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/cme-group-solana-xrp-futures
Share
BitcoinEthereumNews2025/09/17 23:55