Quantum Computing Threatens Bitcoin: Experts Warn of Existential Crisis and Market Collapse
Bitcoin is facing a potentially existential threat from the rapid advancement of quantum computing, according to industry experts. With the current BTC price at 105,666.66 USDT, concerns are growing that quantum machines could soon crack private keys, unlocking billions in dormant Bitcoin. Many of these coins have remained untouched since Bitcoin’s early days, and their sudden liquidation could trigger catastrophic price collapses. Despite public nonchalance, key figures like Casa’s Jameson Lopp are raising alarms about this looming risk. This development poses significant challenges to Bitcoin’s security and market stability, urging the crypto community to address quantum-resistant solutions promptly.
’Existential Crisis’: Bitcoin Quantum Computing Threat Is Fast Approaching, Experts Say
Bitcoin faces a looming threat from quantum computing, with experts warning that advanced machines could soon crack private keys and unlock billions in dormant BTC. The potential mass liquidation of these ancient coins—many untouched since Bitcoin’s early days—might trigger catastrophic price collapses.
Behind the industry’s public nonchalance, key figures like Casa’s Jameson Lopp are sounding alarms. Timelines for quantum supremacy appear to be accelerating, compressing what was once considered a distant risk into a near-term vulnerability. The Venetian’s private discussions during Bitcoin 2025 revealed growing consensus that mitigation efforts must begin within years, not decades.
This isn’t theoretical anymore. Quantum decryption could rewrite Bitcoin’s security paradigm overnight. The real question isn’t if, but when—and whether the network can adapt quickly enough.
Crypto Market Roundup: BTC Hits New ATH Amid Regulatory Advances and Coinbase Milestone
Bitcoin surged to a record $111,970 in May 2025, buoyed by a U.S.-China tariff truce and sustained bullish momentum. The rally pushed BTC’s market cap above $2.2 trillion—briefly surpassing Amazon—as derivatives activity peaked with $49.4 billion in options open interest. Despite a June pullback to $105,546, BTC closed the month up 10%.
Texas emerged as a regulatory pioneer with Senate Bill 21, establishing a state bitcoin reserve. If enacted, it would follow New Hampshire and Arizona in holding crypto on government balance sheets. Meanwhile, Coinbase gained 19.37% and secured S&P 500 inclusion despite a $400 million data breach, signaling institutional validation.
Trump-Backed Truth Social Files for Spot Bitcoin ETF with SEC
Truth Social, the social media platform supported by former U.S. President Donald Trump, has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin exchange-traded fund (ETF). The proposed Truth Social Bitcoin ETF aims to list on NYSE Arca, with Foris DAX Trust Company, LLC serving as the fund manager. The filing specifies cash-only settlements for investors.
The move aligns with Trump’s growing cryptocurrency advocacy, following a recent $2.5 billion fundraising effort by Trump Media and Technology Group to establish a Bitcoin treasury strategy. Institutional demand for Bitcoin as an inflation hedge continues to surge, with 223 entities collectively holding over 3.39 million BTC in their reserves according to BitcoinTreasuries data.
NYSE Arca Files to List Truth Social’s Spot Bitcoin ETF, Expanding TMTG’s Crypto Push
NYSE Arca has formally requested SEC approval to list the Truth Social Bitcoin ETF, a spot Bitcoin fund tied to TRUMP Media & Technology Group. The filing marks TMTG’s deepening engagement with digital assets, echoing former President Donald Trump’s increasingly vocal support for cryptocurrency.
The proposed ETF WOULD offer investors streamlined exposure to Bitcoin’s price action without the custodial complexities of direct ownership. This aligns with TMTG’s broader financial strategy under its Truth.Fi brand, which previously filed trademarks for multiple thematic ETFs including Bitcoin-focused products.
TMTG’s crypto ambitions gained momentum in May with plans to raise $3 billion for a Bitcoin treasury reserve. The move positions the company alongside MicroStrategy and other corporations adopting Bitcoin as a reserve asset, capitalizing on institutional interest following spot ETF approvals earlier this year.
Blockchain Group Amplifies Bitcoin Holdings with $70 Million Strategic Acquisition
The Blockchain Group has significantly expanded its Bitcoin treasury, acquiring 624 BTC for approximately $68.6 million. This latest purchase elevates its total holdings to 1,471 BTC, valued at over $150 million, positioning the Paris-listed firm as Europe’s first public company to adopt Bitcoin as a Core treasury asset.
Funding for the acquisition was secured through a $7.8 million private placement and a $63 million convertible bond backed by Fulgur Ventures. The Group’s average purchase price stands at $102,200 per Bitcoin, reflecting both strategic timing and the cryptocurrency’s recent surge past $105,000.
This MOVE mirrors a broader institutional trend following US ETF approvals, with EU entities increasingly allocating to Bitcoin. Market analysts anticipate short-term consolidation as corporate demand grows, with firms like Strategy and Metaplanet also actively accumulating BTC reserves.
