Is Bitcoin really unwavering? Let’s try it

Also: pay for your grocers with BTC

GM. Happy (almost) Easter to those who celebrate! 🐰

A quick notice before entering today’s edition: there will not be a newsletter on Monday. Even squeeze needs a little break to search chocolate eggs and aggressively eating excessively.

Enjoy the long weekend! 🌸

Now, back to our regularly scheduled programming – This is what we have for you today:

🤔 Can you decipher bitcoin using a quantum computer?

🐣 Newborn news: pump (.) Fun for AI agents, Bybit + more cleaning season

🧺 Market basket today

The initial initial claims of unemployment yesterday reached 215K, lower than the expected 225k = The labor market is still stable.

Because of that, the Federal Reserve could feel less urgency to change its current monetary policy. Translation: There is no hurry to reduce interest rates.

And when the rates do not fall, it is It is not exactly great news for more risky assets such as BitcoinAt least in the short term. Rate cuts tend to pump some energy to markets, and without them, things can remain a bit in mid -midf.

All this is related to what the president of the FED, Jerome Powell, said about tariffs earlier this week. With such uncertainty about how they will develop, Fed’s strategy is now Wait and see before making great decisions.

(We talk more about that in Yesterday update If you want a review.)

And this strategy did not make Trump very happy by the way:

But despite all this disaster, Bitcoin remained quite stable.

Bloomberg Etf Eric Blchunas analyst thinks Everything is reduced to the type of people supporting Bitcoin now.

According to him, during the last 15 months, Most of the sales pressure has been absorbed by long -term holders like Michael Saylor and the ETFs of Bitcoin.

And they are not in a hurry to sell: Saylor obviously does not go anywhere, and ETF investors, according to catchunas, are much more resistant than people give them credit.

This type of strong hands should help Reduce bitcoin volatility over time.

🥚 Egg Clusive Opportunity

DFUSION AI BONIFICATION STAGE Jumping after this weekend in EasterAnd it is also your additional USDC $ 1,000 opportunity 🐇

Yes, yes, The $ 30K BIT Airdrop for $ 30K is not over yet. But this part? This tasty Lil lateral search? It’s almost ready.

So, while you are looking for chocolate eggs, don’t forget the real treasure: Bits, bonds, and the rights of bluff 😎

You know the exercise: win bits inviting your friends, doing micro tasks and completing missions → Upload the classification table → Grab that bonus before it leaves!

You have this! 💪

🌷 B (L) Memecoins Ooming

Fed by chaos, zero sleep and questionable decisions 🤪

Data at 06:30 am est.

Check out these memecoras and much more here.

Imagine breaking a chocolate egg and finding a complete bitcoin inside.

Now remove the chocolate (unfortunately 😕)Add some quantum physics to the equation, and you have Eleven project Award of the Day Q.

That is a global challenge that 1 BTC rewards to anyone who can break a piece of bitcoin encryption using a quantum computer before April 5 of next year.

At this time, Bitcoin (and many other systems) trust something called ECDSA (Elliptic curve digital signature algorithm).

How works: Every time you make a Bitcoin transaction, your wallet uses a type of digital blocking system and key to demonstrate that you are the owner of your coins.

ECDSA is the system that makes this block and key configuration function safely.

With today’s computers, discovering someone’s private key just from his audience would take millions of years. So, it is not really a concern.

But this is where quantum computers enter.

They use strange rules of quantum physics to process information much faster. And there is a quantum method called Shor algorithm that, in theory, It could be used to discover the public key of the public.

Now, yes, quantum computing may sound like science fiction today. But progress quickly:

• Google Sauce Chip He solved a 5 -minute problem that would take the best supercomputers 10 sevenths of years;

• Amazon and Microsoft are developing their own chips, Oculot and Majorana 1;

• A company called Psychantum raised $ 750 million this year to improve photonic chips designs and optimize Shor algorithm.

And when there is Around 6.2 million BTC (almost $ 500b) held in wallets with exposed public keys, That could be a problem one day.

Then, Project Eleven is trying to get ahead.

You don’t have to decipher a true bitcoin wallet to win. Even breaking a small piece of a simplified example, for example, a 3 -bit key (a much smaller and more weak version used only for tests), it would still be a big problem.

Because No one has even broken the smallest version of the real world of this type of encryption before.

Then, the winners will not move away with 1 BTC: they will win a place in the history of cryptography.

As Alex Pruden, CEO of the Eleven project, says it:

“We have no clear idea of ​​how close we are from a quantum scenario of ‘Doomsday’ for existing cryptography. The Q-Day award is designed to take a theoretical threat of a quantum computer and turn it into a specific model.”

In short: this is not just a contest – It is a verification of reality. And a reminder that the future could get faster than we think.

🐰 Hop to Toronto

Bitdegree is giving away 2 pro pass to consensus 2025 in Toronto – One of the biggest web3 events that exist!

Do you want to go? Go to our X account and enter before April 25.

Or live with eternal fomo.

🐣 Newborn news

🤖 Eliza Labs, the team behind the AI ​​Agent Ai16z tool, dropped something new: Auto.fun. It is a platform that allows you to build and start AI agents in web3 applications without any coding ability.

⛔️ Bybit is discontinuing a lot of its characteristics, including its wallet of clouds, keyless wallet and Dex Pro. And all this comes just after they already closed their NFT market earlier this month.

📝 A step closer to Arizona to approve a plan to build a state cryptography reserve. The fund would be administered by the State Treasurer and would have digital assets seized from criminals.

🇸🇮 Slovenia could begin to tax 25% cryptographic profits under a new bill. The tax would apply when people sell in cash or buy things, but exchange cryptography cryptography or move it among their own wallets would be tax free.

🛒 Spar, the global grocery chain, now accepts Bitcoin in the Swiss city of Zug. One more w for the adoption of cryptography!

🥕 Meme Garden