Cryptocurrency News

StarkWare co-founder and CEO Eli Ben-Sasson has called the current stage the worst for the crypto industry in all his time in the field. According to him, he has not seen so many teams shutting down, leaving and cutting costs since 2013. That is exactly what gives him more hope than ever before. Ben-Sasson admitted that the difficulties have affected even…

Microsoft has reported improved materials in its topological qubit system. In the new device the company replaced aluminum with lead in the superconducting layer and changed the semiconductor structure, which increased the lifetime of the parity state from less than 10 ms to more than 20 seconds, Ars Technica writes. Separately, Atom Computing announced progress in…

The price of the leading cryptocurrency rose above $67,000 after reports of a ceasefire between the US and Iran. Despite the gain, derivatives metrics signal market participants’ distrust of the current rally. At the time of writing the price had corrected to $65,626 (-1.3% over 24 hours). The annual premium on bitcoin futures stood at 2%. The metric has remained below…

The Second Western District Military Court handed down a verdict to a 16-year-old resident of the town of Liski. The teenager will spend seven years in a juvenile correctional facility and will also pay a fine for preparing to blow up the car of a Russian serviceman. Investigators established that the minor was carrying out tasks for the Ukrainian special services. The reward for surveillance and collecting information…

The Adjusted Sell-side Risk Ratio (SSRR) indicator moved into the «red zone» for the first time since the previous cycle during bitcoin's drop to $60,000. At the same time, the CVDD model points to a structural cycle bottom at around $48,000, forming a key lower boundary of bitcoin's current market range. This was reported by CryptoQuant. Sell-side Risk Ratio flashed…