Bitcoin’s price barreled upward Monday on increasing crypto exchange volume, with a +3% daily green candle and a +10% weekly jump.
BTC whale wallets surged in accumulation as president-elect Donald Trump reaffirmed on CNBC that his administration plans to establish a strategic Bitcoin reserve.
“We’re gonna do something great with crypto because we don’t want China or anybody else – not just China but others are embracing it – and we want to be the head,” Trump said.
But could advances in ultra-fast quantum computing underway at Google’s parent company, Alphabet Inc., upend the entire blockchain paradigm?
Along with such rumored devastation, it would likely go much of Bitcoin’s behemoth market cap, currently valued above $2 trillion. Here’s a brief summary of what Alphabet is cooking:
Google’s New Willow Quantum Chip Wows
Google’s Quantum Lab unveiled Willow in a Dec. 9 update on the Google blog.
It’s a quantum computing chip, so each bit can be a 0 and a 1 in
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