crypto
▼ BearImpact 45/100Google News Bitcoin (EN)22d ago
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SBI Crypto to shut down bitcoin mining pool on July 31
SBI Crypto will shut down its bitcoin mining pool on July 31.
Key takeaway
"SBI Crypto to shut down bitcoin mining pool on July 31" — BullBear's AI rates this story as a bearish (negative) signal for markets, with a market-impact score of 45 out of 100. SBI Crypto will shut down its bitcoin mining pool on July 31. Reported by Google News Bitcoin (EN) on June 30, 2026. The call is verified against the actual 24-hour price move on BullBear's public conviction ledger.
Bitcoin ETFs have experienced a nearly $1 billion inflow streak over seven consecutive days, fueling speculation that Bitcoin's price may be heading towards the $70,000 mark.
This article explores why Bitcoin is struggling to break out of the $65,000 range, suggesting that the inflationary pressures fueled by Artificial Intelligence are a key factor hindering its upward momentum.
Rewritten: Firms pledge $15M for Bitcoin quantum security.
Major institutions including BlackRock and Coinbase have joined a group pledging $15 million to prepare Bitcoin for quantum computing threats.
The commitment of $15 million by prominent entities like BlackRock and Coinbase towards quantum-resistant Bitcoin development signals a proactive approach to long-term technological evolution within the digital asset space. This investment, while focused on a specific future threat, can foster greater institutional confidence in Bitcoin's enduring viability, potentially attracting further capital and reinforcing its position as a maturing asset class. Such forward-thinking initiatives align with broader macro themes of technological advancement and cybersecurity, demonstrating a commitment to innovation that could positively influence market sentiment by mitigating perceived existential risks. The move suggests a growing maturity in the crypto ecosystem, where strategic investments are being made to secure future infrastructure, thereby bolstering investor confidence and potentially increasing risk appetite for digital assets by addressing potential long-term vulnerabilities.
The commitment of $15 million by prominent entities like BlackRock and Coinbase towards quantum-resistant Bitcoin development signals a proactive approach to long-term technological evolution within the digital asset space. This investment, while focused on a specific future threat, can foster greater institutional confidence in Bitcoin's enduring viability, potentially attracting further capital and reinforcing its position as a maturing asset class. Such forward-thinking initiatives align with broader macro themes of technological advancement and cybersecurity, demonstrating a commitment to innovation that could positively influence market sentiment by mitigating perceived existential risks. The move suggests a growing maturity in the crypto ecosystem, where strategic investments are being made to secure future infrastructure, thereby bolstering investor confidence and potentially increasing risk appetite for digital assets by addressing potential long-term vulnerabilities.
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