Examining the True Impact of Recent Quantum Computing Progress – yTech

A recent discussion among experts in the field of quantum computing reveals skepticism regarding the magnitude of advancements touted by Microsoft and Quantinuum. According to Paul Lucero of Omdia, despite Microsofts claims, their quantum leap requires significant improvement in fidelity and an expansion of computational capabilities beyond Clifford gates, which only support certain types of calculations. While Microsoft has successfully demonstrated four logical qubits, a far cry from the 100 necessary for scientific relevance, this progress does not yet herald a threat to current encryption methods which are projected to require approximately 2,000 logical qubits to be compromised.

Consequently, encryption systems like AES 256-bit remain secure for the time being. David Shaw, the chief analyst at Global Quantum Intelligence, suggests that the impressive results may have been somewhat curated by Microsoft, as some unsuccessful test runs were disregarded to paint a more favorable picture.

Despite the breakthrough, these advancements do not substantially alter the ongoing conversation about when large-scale, fault-tolerant quantum computing systems might be realized. Moreover, with numerous approaches to constructing quantum computers, Microsofts collaboration with Quantinuum suggests a more exclusive pathway that other companies may not readily adopt, though they could potentially draw inspiration from the underlying theory, posits Baptiste Royer from the University of Sherbrooke.

While this represents a series of cumulative improvements in error-correction, hardware, and calibration, the developments offer little immediate practical benefit for enterprises keen on the applications of quantum computing. For researchers, however, these findings provide a valuable environment for experimental testing and could ultimately accelerate the journey towards practical quantum applications.

Overview of Quantum Computing Industry

Quantum computing represents a significant leap from traditional computing by using the principles of quantum mechanics to process information. While standard computers use bits to represent either a 0 or a 1, quantum computers use quantum bits, or qubits, which can represent a 0, 1, or both simultaneously, vastly increasing the computational power for particular tasks.

The industry has been witnessing rapid development, but currently, large-scale quantum computers remain a goal rather than a reality. Companies like IBM, Google, and Intel, are also deeply invested in the quantum computing race, continually pushing the boundaries of what is possible.

Market Forecasts

The market for quantum computing is expected to grow significantly over the next decade. Estimates suggest that the quantum computing market could reach billions of dollars as the technology matures and finds applications across various sectors, including pharmaceuticals, materials science, finance, and cybersecurity. This growth is fueled by substantial investments from both the private sector and government initiatives intending to achieve quantum supremacy the point at which quantum computers can solve problems beyond the reach of classical supercomputers.

Issues in the Quantum Computing Industry

While advancements are noteworthy, the quantum computing industry faces several challenges. The development of qubits with lower error rates and high fidelity is a major technical hurdle. Additionally, building systems with enough qubits to perform meaningful computations, which includes error correction routines, is another significant technical challenge. Theres also the matter of making these systems accessible and useful for businesses, which require software ecosystems and quantum algorithms tailored to specific tasks.

Quantum computers have the potential to break contemporary encryption methods, a concern that has started to push the development of post-quantum cryptography. Although current encryption standards like AES 256-bit remain secure, the industry is focusing on cryptographic approaches that are considered quantum-resistant.

For further information on quantum computing and the work being done by leading companies, visit the main websites of these pioneer entities:

IBM Google Intel Microsoft

In conclusion, despite Microsoft and Quantinuum showcasing notable progress with four logical qubits, there is widespread acknowledgment within the expert community that we are still far from realizing quantum computings full potential. This nascent industry continues to grapple with significant technical challenges, but the progress in qubit quality and algorithm development keeps the sector optimistic about future breakthroughs. As for the security concerns regarding encryption, they remain at bay for now, but continued vigilance and innovation in cryptography are crucial as quantum computing evolves.

Igor Nowacki is a fictional author known for his imaginative insights into futuristic technology and speculative science. His writings often explore the boundaries of reality, blending fact with fantasy to envision groundbreaking inventions. Nowackis work is celebrated for its creativity and ability to inspire readers to think beyond the limits of current technology, imagining a world where the impossible becomes possible. His articles are a blend of science fiction and visionary tech predictions.

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Examining the True Impact of Recent Quantum Computing Progress - yTech

Quantum Computing Takes a Quantum Leap with Error Correction Breakthrough – yTech

Summary: Quantinuum and Microsoft have made a quantum leap in quantum computing by dramatically improving the reliability of logical qubits and reducing the physical resources required. This milestone could revolutionize computational problem-solving across various industries and pave the way for scalable quantum computing, promising to deliver high-grade logical qubits to industrial and research sectors.

In an unprecedented advance that may redefine the landscape of modern computing, Quantinuum, in partnership with Microsoft, has engineered a quantum leap in the performance of quantum computers. The collaboration has yielded the most stable logical qubits to date, suggesting a bright future for complex computational analysis and problem-solving. A clear shift has been observed in the quantum computing paradigm as the number of physical qubits required to form reliable logical qubits has dramatically shrunk.

Quantinuums hardware has undergone intense scrutiny, with over 14,000 error-free experimental cycles, showcasing their systems resilience. Previously, a large assembler of physical qubits was necessary to fabricate a small set of logical qubits, whereas now, a minuscule fraction of that number is needed, establishing an 800-time increase in reliability compared to prior standards.

The quantum community is abuzz, envisioning a spectrum of applications from deciphering the mysteries of cryptography to conducting in-depth climate research. Quantinuums goal is clear: to provide the industry and scientific domains with superior logical qubits that could, within a few years, contribute to significant advancements in a range of global challenges, including environmental and AI technology enhancements.

Though today Quantinuums technology is based on a model supporting four logical qubits from 32 physical ones, it aims to sustain at least ten stable logical qubits by 2025. Integrating these logical qubits with classical supercomputing could initiate breakthroughs in otherwise intractable problems, moving us closer to solving some of the most pressing issues of our time.

As the quantum computing landscape continues to evolve, the potential outcomes of such advancements are profound, influencing not only the technological sphere but also shaping the trajectory of human cognition and capacity for problem-solving. For further insights into the burgeoning field of quantum computing, researchers and enthusiasts alike are encouraged to explore the research and developments from other industry giants like IBM and Google.

Advancing Quantum Computing: Industry Perspectives and Future Outlook

Quantinuums breakthrough, in collaboration with Microsoft, has positioned the company as a significant player in the quantum computing industry. Quantum computing stands at the precipice of transforming countless sectors including cryptography, materials science, drug discovery, and climate modeling. The implication of reducing the quantum resource overhead while improving qubit stability is a direct path toward practical and scalable quantum computation.

The current quantum computing industry is composed of key players such as IBM, Google, and Rigetti, all of which contribute to the technological race to realize a fully-functional, error-corrected quantum computer. Each of these organizations is pushing forward with their own unique approaches to quantum technology. Researchers and interested parties can learn more about their latest developments at their respective websites, such as IBM and Google.

Market Forecasts for the quantum computing industry suggest robust growth. According to recent studies, the global quantum computing market size is expected to expand significantly, with some analyses projecting a compound annual growth rate (CAGR) of over 30% in the coming years. This growth is anticipated to be driven by increasing investment from both the public and private sectors, technological advancements, and a growing demand for high-speed computing for complex problem-solving tasks.

However, the industry faces several key issues and challenges. Noise and error correction continue to pose major hurdles on the path to creating reliable quantum computers. Additionally, there are practical considerations relating to the integration of quantum computing within existing classical infrastructures and making quantum technology accessible to a broader array of users who may not have specialized knowledge in quantum mechanics.

Other important issues include cybersecurity concerns, as quantum computing has the potential to break current encryption algorithms, necessitating the development of quantum-resistant cryptography. There is also an ongoing debate around the ethics and implications of quantum computing, from issues of privacy to broader societal impacts.

Despite these challenges, the advancements in logical qubit stability by Quantinuum and Microsoft underscore the industrys rapid progress. As quantum computing edges closer to everyday relevancy, anticipation builds for a new frontier in technology that could reshape the way we tackle the worlds most complex problems.

In conclusion, the partnership between Quantinuum and Microsoft has catalyzed significant optimism in the quantum computing realm. With continued investment and research, along with a commitment to overcoming technical and ethical challenges, quantum computing may soon unlock new horizons in scientific discovery and innovation. To keep abreast of the evolving industry landscape, stakeholders are encouraged to track the continuous developments in this fascinating field of technology.

Igor Nowacki is a fictional author known for his imaginative insights into futuristic technology and speculative science. His writings often explore the boundaries of reality, blending fact with fantasy to envision groundbreaking inventions. Nowackis work is celebrated for its creativity and ability to inspire readers to think beyond the limits of current technology, imagining a world where the impossible becomes possible. His articles are a blend of science fiction and visionary tech predictions.

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Quantum Computing Takes a Quantum Leap with Error Correction Breakthrough - yTech

Histopathological biomarkers for predicting the tumour accumulation of nanomedicines – Nature.com

Quantification of the accumulation of nanomedicine in tumours

We first determined nanomedicine tumour accumulation in three mouse models with differing degrees of vascularization, stroma composition and target-site localization (Fig. 1a). The tumour models were A431 human epidermoid carcinoma, MLS human ovarian carcinoma and CT26 murine colon cancer. As a nanocarrier, we employed a 67kDa-sized poly(N-(2-hydroxypropyl) methacrylamide) (PHPMA) polymer, as this prototypic albumin-sized macromolecule has consistently provided us with high levels of tumour accumulation in a variety of models15,16,17. We used fluorescence reflectance imaging (FRI) and hybrid CTFMT to visualize and quantify the biodistribution and tumour accumulation of DY750-labelled PHPMA (Fig. 1b,c and Supplementary Fig. 1). When normalized to average tumour volume at the timepoint of analysis (250 mm3), at 72h post intravenous (i.v.) injection, we found average levels of target-site localization of 5.01.7, 8.51.6 and 10.21.7 percent of the injected dose (%ID) for A431, MLS and CT26 tumours, respectively, exemplifying sustained localization to tumours over time, as well as different accumulation patterns in the three models (P=0.0024, one-way analysis of variance (ANOVA); Fig. 1d and Supplementary Fig. 1). The tumours were then excised, and DY750-labelled PHPMA accumulation patterns were validated ex vivo using FRI (Supplementary Fig. 2). The collected tumours were fixed, sectioned and stained for biomarker assessment.

a, A schematic of the experimental protocol aimed at identifying tumour-tissue biomarkers that correlate with nanomedicine accumulation in tumours. The tumour accumulation of the prototypic polymeric nanocarrier, PHPMA, was assessed using CTFMT in three distinct mouse models with varying degrees of tumour targeting. Subsequently, correlation analyses were conducted using 23 tumour-tissue microenvironment features associated with tumour-targeted drug delivery, focusing on aspects related to the vasculature (red), stroma (green), macrophages (blue) and cellular density (grey). The dashed lines indicate double stained features. For further details, please refer to Supplementary Table 1. The illustration was created with BioRender.com. b, FRI-based, longitudinal optical imaging of DY750-labelled PHPMA accumulation in the tumours of mice with A431, MLS and CT26 tumours representing low, medium and high levels of target-site accumulation, respectively (the white dashed circles indicate tumour location, and one mouse per tumour model is shown). c,d, Longitudinal CTFMT visualization (c) and quantification of DY750-labelled PHPMA tumour accumulation (d) in percent of the injected dose (100% is equal to 2nmol of dye) normalized to 250mm tumour volume. The statistical significance between the two models was assessed via individual Students t-tests (A431 versus MLS, *P=0.0168; A431 versus CT26, **P=0.0025) and between all models via one-way ANOVA (#P=0.0024). Each data point represents a CTFMT scan of one animal.

We analysed 23 tumour microenvironment features associated with tumour-targeted drug delivery (Supplementary Table 1). These included vascular features, such as vessel density (CD31), perfusion (lectin) and angiogenesis (VEGFR2); lymph vessels (LYVE-1); extracellular matrix components, such as SMA, collagen I and collagen IV; tumour-associated macrophages (TAM; F4/80); and tumour cell density (4,6-diamidino-2-phenylindole). In addition, we analysed combinations of the above, via immunofluorescent double-stainings, to, for example, assess vessel support (SMA+/CD31+), vessel function (lectin+/CD31+) and the fraction of angiogenic vessels (VEGFR2+/CD31+).

The tumour-tissue biomarkers were captured and quantified via fluorescence microscopy and correlated with nanocarrier accumulation in A431, MLS and CT26 tumours (Fig. 2). Regarding blood vessel density and perfusion, we observed an overall good agreement between the number of (perfused) vessels and DY750-labelled PHPMA accumulation. The CT26 tumours had the highest number of total and functional blood vessels (89.035.9 and 48.018.8, respectively; Fig. 2a,b,g,h), and this was in line with their high level of polymer accumulation (10.21.7%ID per 250mm3; Fig. 1d). Conversely, A431 tumours had low levels of total and functional blood vessels (28.515.1 and 25.615.5, repectively; Fig. 2a,b,g,h), aligning with their low accumulation of DY750-labelled PHPMA (5.01.7%ID per 250mm3; Fig. 1d). Interestingly, while CT26 tumours had the highest absolute numbers of total and functional blood vessels, A431 tumours presented with the highest relative level of perfused vessels (91.3%, as compared with 62.7% for MLS and 54.9% for CT26; Supplementary Fig. 3j). This indicates that the absolute number of (functional) blood vessels is a more important factor determining nanomedicine tumour targeting than the relative fraction of vascular perfusion. In good agreement with this, also the absolute numbers of SMA+, Col I+, Col IV+ and VEGFR2+ blood vessels (Fig. 2c,d,i,j) correlated better with DY750-labelled PHPMA tumour accumulation than the relative fractions of SMA+, Col I+, Col IV+ and VEGFR2+ vessels (Supplementary Fig. 3jn).

af, Immunofluorescence stainings for all blood vessels (CD31) (a), actively perfused vessels (lectin) (b), pericyte-supported vessels (SMA) (c), angiogenic vessels (VEGFR2) (d), lymphatic vessels (LYVE-1) (e) and TAM (F4/80) (f) in A431, MLS and CT26 tumours. Scale bar, 50m. gl, Quantification of the immunofluorescence images for CD31+ vessels (g), lectin+ vessels (h), SMA+ vessels (i), VEGFR2+ vessels (j), LYVE-1+ vessels (k) and F4/80 (l) (no., number). The black bars indicate means. *P<0.05, **P<0.01 (Students t-test). Note that the analysis in gi is based on 10 magnification images, while the analysis in jl is based on 20 magnification. mr, Correlation of PHPMA tumour accumulation at 72h post injection (in percent of the injected dose (100% represents 2nmol of dye) normalized to 250mm tumour volume) with the respective tumour-tissue biomarker features (CD31+ vessels (m), lectin+ vessels (n), SMA+ vessels (o), VEGFR2+ vessels (p), LYVE-1+ vessels (q) and F4/80 (r)). The trendlines are shown per tumour model (colour-coded) and for all tumours together (black). The R2 values indicate the coefficient of determination and reflect the goodness of fit. Each data point represents one animal.

Regarding the retention component of nanomedicine tumour targeting, we particularly looked at LYVE-1+ lymphatic vessels and F4/80+ TAM. Interestingly, we observed that the tumour model with the highest level of PHPMA accumulation, that is, CT26, had almost double the number of LYVE-1+ lymphatic vessels as A431 and MLS (Fig. 2e,k). This indicates that the absence of effective lymphatics as a mediator of nanomedicine retention in tumours may be less important than originally anticipated18. It actually even suggests the opposite, which is that a certain degree of functional lymphatics in tumours may be needed to assist in attenuating the high interstitial fluid pressure that is typical of tumours19. A very good correlation was found between the density of TAM and nanomedicine accumulation (Fig. 2f,l,r). The area fraction of TAM increased from 2.2% to 5.1% to 7.7% for A431, MLS and CT26 tumours, respectively, correlating almost linearly with the increased tumour accumulation in these models (Fig. 1d) and resulting in good R2 values both within and across the three models (Fig. 2r). This finding corroborates an increasing number of notions that TAM act as a key reservoir for nanomedicine retention in tumours8,20. It furthermore implies that TAM density seems to be a suitable tumour-tissue biomarker to predict nanomedicine tumour accumulation.

Feature importance was assessed using gradient tree boosting (GTB). GTB is a machine learning technique for building predictive regression models based on a set of yes/no decision trees21,22,23. The trained GTB model considered all 23 features analysed as a regression model and was applied to predict polymeric nanomedicine tumour accumulation (Fig. 3a). Given the relatively small dataset, the leave-one-out method was employed to avoid the mixing of training and testing datasets. Ten decision trees, with a depth of up to eight questions, were found to be able to properly predict nanocarrier tumour accumulation based on histopathological features (R=0.70; Fig. 3b). As exemplified in Fig. 3c, GTB-based importance assessment identified the percentage of lectin+ (that is, functional vessels percentage) and angiogenic (that is, VEGFR2 vessels percentage) blood vessels, the density of TAM (that is, F4/80 area fraction (AF)) and the total, SMA+ and Col I+ number of blood vessels (that is, CD31 number, SMA number and Col I vessels number, respectively) as predictive features.

a, Schematic workflow. Tumour-tissue biomarkers were stained, quantified and correlated with the tumour accumulation of PHPMA nanocarriers. GTB-based machine learning was employed to rank feature importance using predicted versus measured PHPMA tumour accumulation values (Y, yes; N, no; B14, biomarker 14). b, N-fold cross-validation of predicted versus measured PHPMA tumour accumulation patterns illustrates the accuracy of the employed GTB method for predicting nanomedicine tumour targeting (in percent of the injected dose (100% represents 2nmol of dye) normalized to 250mm tumour volume). c, Ranking of the importance of the identified tumour-tissue biomarker features based on their assignment in the GTB decision trees (%, biomarker positive vessels of the number total vessels; no., number). The error bars indicate the standard deviaitoin (n=14).

When aiming to establish a biomarker for patient stratification, the practicality of the approach and the presence of a proper dynamic range are crucial. This implies that in the features identified via GTB, the functionality of tumour blood vessels needs to be excluded, because lectin cannot be injected in patients. For the fraction of VEGFR2+ blood vessels, the dynamic range is small (Supplementary Fig. 3l), making it unlikely to serve as a good biomarker. Moreover, as for the number of SMA+ and Col1+ blood vessels, double-staining would be required. This can be done preclinically with immunofluorescence, but is not typically performed in histopathological protocols in routine clinical practice. In follow-up studies with additional tumour models, we therefore focused on blood vessel and TAM density as tissue biomarkers.

The feature importance and biomarker potential of tumour blood vessels and TAM were confirmed in a panel of ten tumour models. This panel was selected to encompass models with very different tumour microenvironment architectures (thereby reflecting the heterogeneity observed in human tumours24) and consisted of six PDX and four CDX xenograft models. To ensure broad applicability of blood vessel and TAM density as biomarkers for predicting nanomedicine accumulation, we decided to employ a second drug-delivery system in these ten models, replacing the prototypic polymeric nanocarrier PHPMA with a PEGylated liposome formulation similar to Doxil/Caelyx25. Initially, fluorescent DiI-labelled liposomes were used to visualize the accumulation and distribution of liposomes in tumours. The highest levels of liposome accumulation were observed in E35CR and Calu-3 tumours, and the lowest levels were found in A549 and Calu-6 tumours (Fig. 4a).

a, Fluorescence microscopy analysis of Dil-labelled PEGylated liposomes (in red) in ten tumour models at 24h after i.v. administration Scale bar, 200m. The blood vessels are stained in green and the cell nuclei in blue. b, Tumour accumulation of PEGylated liposomal DXR in six PDX (green dots) and four CDX (red dots) tumour models. Individual and mean (black bars) tumour concentrations of DXR are shown for 20 mice per group and 5 mice per timepoint. c, Total tumour accumulation over time of PEGylated liposomal DXR (that is, AUC0120h). Values represent meanstandard error of the mean. d, Histopathological DAB staining of tumour blood vessels (CD31) and TAM (F4/80) for the ten models. Scale bars, 100m. eh, Quantification of blood vessel (e) and TAM (g) density based on DAB staining and correlation of blood vessel (f) and TAM (h) density with total liposomal DXR tumour accumulation (no., number of vessels or TAM per field of view).

We next used doxorubicin (DXR)-loaded liposomes and determined drug accumulation in tumours using high-performance liquid chromatography. For each of the ten models, this was done for four timepoints, with five tumours per timepoint (Fig. 4b). Total DXR concentrations over time were quantified and expressed as the area under the curve (AUC). In good agreement with the DiI-liposome fluorescence data (Fig. 4a), AUC determination demonstrated that tumour DXR concentrations were highest in E35CR and Calu-3, making these the highest drug-accumulating models, with drug levels three to five times higher than those of the majority of other models (Fig. 4c). A549 and Calu-6 were again found to accumulate the lowest amounts of liposomes, with DXR concentrations five to ten times lower than most other models. Interestingly, when comparing all AUC values together, it was furthermore found that PDX models presented with higher overall levels of liposomal DXR accumulation than CDX models (Fig. 4c).

In clinical practice, pathology protocols involve light (and not fluorescence) microscopy. Accordingly, we switched to 3,3-diaminobenzidine (DAB) staining and studied blood vessel and TAM density via standard histopathology in the ten PDX and CDX models. As shown in Fig. 4dh, we found that the three models with the lowest accumulation levels upon administration of liposomal DXR, that is, SW620, A549 and Calu-6 models (Fig. 4c), also presented with the lowest levels of CD31 and F4/80 staining. Across the ten different tumour models, there was a good correlation between tumour blood vessel and TAM density and nanomedicine accumulation (Fig. 4f,h). It should be noted in this regard, however, that the E35CR model was identified as a clear outlier, as it presented with the highest levels of Dil- and DXR-loaded liposome accumulation (Fig. 4ac), while its levels of CD31+ blood vessels were intermediate (Fig. 4f) and those of F4/80+ TAM were very low (Fig. 4g). When determining the area fraction of CD31 and F4/80 instead of the number of CD31+ and F4/80+ cells, observations were identical for all of the above notions, confirming the robustness of the tumour-tissue biomarkers identified (Supplementary Fig. 4). Altogether, these results demonstrate that there is a good correlation between the levels of the tumour blood vessels and TAM and the level of nanomedicine tumour accumulation.

Having identified tumour blood vessels and TAM as key features correlating with nanomedicine tumour accumulation, we next explored the robustness, validity and potential clinical applicability of combined tumour blood vessel and macrophage scoring, with the aim of developing a simple and straightforward biomarker protocol for patient stratification. This protocol is primarily designed to help predict which individuals from a heterogeneous patient population should be excluded in clinical trials, because their tumours are likely to show low nanomedicine accumulation and poor therapeutic efficacy (Fig. 5a).

a, Schematic workflow demonstrating the concept of patient stratification in cancer nanomedicine clinical translation based on tumour-tissue biopsies, created with BioRender.com. b, DAB staining illustrating the density of tumour blood vessels (CD31) and TAM (F4/80) in tumours, reaching from lowest (score 1) to highest (score 4) levels of blood vessel and macrophage density. Biomarker scores indicate 1 for absent, 2 for low, 3 for intermediate and 4 for high. Scale bars, 100m. c, Colour-coded heatmap, representing the distribution of CD31 and F4/80 product scores in the ten PDX and CDX tumour models with differing degrees of PEGylated liposomal DXR tumour accumulation. Tumours are ranked from high to low AUC, from top to bottom. Tumour-tissue biomarkers were scored by ten blinded observers, who each analysed three tissue sections per tumour model (n=30 in total). The colour intensity reflects the number of product scores. d, Schematic displaying the distribution of true and false positives and negatives in the tumour-tissue biomarker product score heatmap. e, Receiver operating characteristic (ROC) curve, generated on the basis of the tumour-tissue biomarker product scores, exemplifying very high diagnostic accuracy differentiating between low and high nanomedicine tumour accumulation (ROC curve is based on the scores in c; the red dashed line represents randomness and the units of the axis are in %).

We conceived a DAB-based histopathological scoring setup in which we considered 1 for absent, 2 for low, 3 for intermediate and 4 for high for the expression of both tumour-tissue biomarkers (Fig. 5b). Ten blinded observers, including three board-certified pathologists, were asked to score 60 tumour sections (30 for CD31 and 30 for F4/80; 6 for each tumour model). As shown in Fig. 5c, the colour-coded scoring intensities demonstrate that for tumour models with low CD31 and F4/80 product scores, the levels of liposomal DXR accumulation were also low. With a cut-off score of 6 to differentiate between tumours with low versus high nanomedicine accumulation, the blinded observers product scores correctly identified SW620, A549 and Calu-6 as true negatives (Figs. 4ac and 5c,d). Conversely, six out of seven models with good nanomedicine accumulation were correctly identified as true positives (Fig. 5c, d). The E35CR model turned out to be false negative, as its low CD31 and F4/80 product score incorrectly indicated that it would not accumulate liposomes well, which it clearly did do (Fig. 4ac). No false positives were detected (Fig. 5c,d). Altogether, nine out of ten tumour models could be correctly associated with low versus high nanomedicine accumulation on the basis of our tumour blood vessel and TAM biomarker product score.

To quantify the biomarker performance of our product score, we determined the area under the receiver operating characteristics (AUROC) curve. The AUROC curve represents a probability assessment, with a value of 0.5 resulting in a straight 45-line reflecting randomness (represented by the dashed red line in Fig. 5e). The AUROC curve represents the capability of a biomarker to distinguish between different classes, in this case between low versus high nanomedicine tumour accumulation. We obtained an AUROC value of 0.91 for our blood vessel and TAM product score (Fig. 5e), which is generally considered excellent for predicting nanomedicine tumour targeting, following the published criteria26.

The robustness and translatability of our biomarker product score were assessed in immunocompetent mouse models and in patient samples. The former were included to rule out the possibility that the presence of T cells plays an important role in determining nanomedicine delivery to tumours. To this end, we analysed PHPMA accumulation in orthotopic 4T1 triple-negative breast cancer tumours in BALB/c mice and PEGylated liposome accumulation in subcutaneous and orthotopic Hep55.1C liver tumours in C57BL/6J mice. As shown in Supplementary Fig. 5, good correlations between blood vessel and TAM product scores and nanomedicine tumour targeting were observed, as exemplified by R2 values of 0.51, 0.86 and 0.63, respectively. This confirms that our biomarker product score remains valid in syngeneic and orthotopic tumours in immunocompetent mice.

Next, we aligned our biomarker product score with the most comprehensive clinical dataset available on nanomedicine tumour targeting in patients27. In this study, the researchers used 111In-labelled PEGylated liposomes and quantitative SPECT imaging to assess nanomedicine tumour accumulation in 17 patients with different type of tumour27. For the most prevalent tumour types included, that is, ductal breast cancer, squamous cell carcinoma of the lung and squamous cell head and neck cancer, we collected matching tumour resection samples as well as primary tumour biopsies from the Biobank archive of the Institute of Pathology at RWTH Aachen University Hospital (Supplementary Table 5). Blood vessel (CD31+) and TAM (CD68+) density were analysed in ten different patient samples for each of the three cancer types, always in five different microarray sections for each individual tumour specimen. The expression levels and patterns of F4/80 and CD68 on TAM were demonstrated to be similar (Supplementary Fig. 6). Representative CD31 and CD68 stainings for breast, lung and head and neck cancer lesions are shown in Fig. 6a,b. Using QuPath software28, we quantified blood vessel and TAM density in these tumours and found that breast cancer typically presents with much lower levels of both tumour-tissue biomarkers as compared with lung and head and neck cancer (P<0.001 and P<0.0001 for blood vessels and P<0.05 for TAM; Fig. 6c,d).

a,b, Representative DAB stainings of blood vessels (a) and TAM (b) in tumour tissues obtained from patients with breast, lung and head and neck (H&N) cancer (all data in this figurre are based on tumour resections, and the data based on biopsies are shown in Supplementary Fig. 7). c,d, Quantification of blood vessels (c) and TAM (d) in ten patient samples for each tumour type (no., number per field of view; significance is indicated in P values based on Students t-test). e, Tumour accumulation of 111In-labelled PEGylated liposomes in patients with breast, lung and head and neck (H&N) cancer (in percentage of the injected dose per kilogram tumour). The data are replotted based on the work in ref. 27 (significance is indicated in P values based on Students t-test). f, Means of blood vessel and TAM product scores plotted against means of liposome tumour targeting, showing that biomarker product scoring correctly identifies breast cancers as poorly nanomedicine accumulating lesions. The error bars indicate the distribution of %ID and product score values (standard deviations on the x-axis and minima and maxima on the y-axis; n=310 as it is based on the means of c, d and e).

The liposome tumour targeting data from ref. 27 is replotted in Fig. 6e. In line with our rationale and reasoning, it can be seen that ductal breast cancer lesions in patients (5.33.0%IDkg1) accumulate radiolabelled PEGylated liposomes significantly less well than lung (18.26.6%IDkg1; P<0.05) and head and neck (33.017.6%IDkg1; P<0.05) squamous cell carcinomas. When generating tumour-tissue biomarker product scores based on the number of blood vessels and TAM per tumour type and when plotting these product scores against the average level of liposome accumulation per tumour type, we found that breast cancers clustered in the lower left corner, thereby pinpointing them as true negatives (Fig. 6f). For the majority of lung and head and neck cancer lesions, the product scores were much higher than for breast cancer, thereby classifying them as true positives. In a final validation study, we also employed the original primary tumour biopsies for biomarker assessment. For the 30 patients samples initially included, 28 primary biopsies were available. As exemplified by Figure S7, the results obtained in biopsies are very similar to those obtained in resected tumour tissues, again clearly identifying ductal breast cancers as poorly accumulating lesions. Thereby, they not only confirm the robustness of our approach but also showcase its clinical translatability. Altogether, these findings provide compelling proof-of-concept for the use of tumour blood vessels and TAM as tissue biomarkers for predicting nanomedicine tumour targeting.

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Histopathological biomarkers for predicting the tumour accumulation of nanomedicines - Nature.com

New micromaterial to fight cancer with nanoparticle-targeting – healthcare-in-europe.com

In the clinical context, the use of these materials in the treatment of colorectal cancer should largely enhance drug efficiency and patients comfort, while at the same time minimizing undesired side effects

The new micromaterials developed by researchers are formed by chains of amino acids known as polypeptides, which are functional and bioavailable in the form of nanoparticles that can be released and targeted to specific types of cancer cells, for selective destruction.

The research team analyzed the molecular structure of these materials and the dynamics behind the secretion process, both in vitro and in vivo. In an animal model of CXCR4+ colorectal cancer, the system showed high performance upon subcutaneous administration, and how the released protein nanoparticles accumulated in tumor tissues. It is important to highlight that this accumulation is more efficient than when the protein is administered in blood. This fact offers an unexpected new way to ensure high local drug levels and better clinical efficacy, thus avoiding repeated intravenous administration regimens, explains Professor Antonio Villaverde. "In the clinical context, the use of these materials in the treatment of colorectal cancer should largely enhance drug efficiency and patients comfort, while at the same time minimizing undesired side effects."

Source:Universitat Autnoma de Barcelona

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New micromaterial to fight cancer with nanoparticle-targeting - healthcare-in-europe.com

Nanomedicine Market Size Expected to Reach USD 562.93 Bn by 2032 – GlobeNewswire

Ottawa, April 03, 2024 (GLOBE NEWSWIRE) -- The global nanomedicine market size was valued at USD 219.34 billion in 2023 and is predicted to hit around USD 494.62 billion by 2031, a study published by Towards Healthcare a sister firm of Precedence Research.

Report Highlights:

According to recent data, around 100+ nanomedicines have been commercially marketed, with almost 550+ nanomedicines under clinical trials.

Nanomedicine involves creating and utilizing tiny structures or devices, typically between 1 and 100 nanometers in size, for medical purposes such as diagnosis and treatment. These nanoscale objects or tools, including nano-robots, skin patches, or other nanostructured materials, leverage their unique properties to achieve specific medical effects.

In medicine, nanomedicine holds promise for better drug delivery systems, more accurate imaging techniques, and even tiny devices that can target and treat diseases directly at the cellular level. Electronics enables the development of smaller and faster devices, leading to better computers, smartphones, and other gadgets.

Download a short version of this report @ https://www.towardshealthcare.com/personalized-scope/5127

Nanomedicine also has applications in energy, where it can improve the efficiency of solar panels and batteries and environmental protection, with nanomaterials being used to clean up pollutants. Nanomedicine has the potential to revolutionize many aspects of our lives, from healthcare and electronics to energy and the environment, making it a crucial area of research and innovation.

Nanomedicine is increasingly used to treat a wide range of diseases due to its ability to target specific cells or tissues precisely. In cancer treatment, nanomedicine delivers chemotherapy drugs directly to cancer cells, reducing side effects and improving effectiveness. It's also used in imaging techniques like MRI and CT scans to detect tumors early.

Additionally, nanomedicine is being explored for treating neurological disorders such as Alzheimer's and Parkinson's by delivering drugs across the blood-brain barrier and targeting diseased cells. In infectious diseases like HIV/AIDS and tuberculosis, nanomedicine can enhance drug delivery and improve the efficacy of antiviral or antibiotic medications. Furthermore, nanomedicine is being investigated for treating cardiovascular diseases, diabetes, and autoimmune disorders by developing targeted drug delivery systems and implants that regulate blood sugar levels or modulate immune responses.

Nanomedicine holds great promise in revolutionizing the treatment of various diseases by providing more effective, targeted, and less invasive therapies, potentially improving patient outcomes and quality of life.

Cancer Rates Are on the Rise

In 2022, there were about 1.92 million new cancer cases in the United States, and around 609,360 people died from cancer. Globally, this adds up to 9.6 million lives lost. Because cancer is becoming more common, we need new and better treatments. Nanomedicine is one promising way to fight cancer. It works by delivering treatments directly to cancer cells, which can make them more effective and cause fewer side effects. As more people get cancer around the world, scientists are seeing how nanomedicine could change the way we treat it. By using minimal materials and methods, researchers hope to improve cancer treatments and ease the disease's burden on society.

The rising number of individuals with cancer has led to significant growth in the nanomedicine market. This is because nanomedicine has some cool ways to help treat cancer. It helps deliver cancer drugs to the cancer cells so they work better and have fewer side effects. It improves how we see cancer using fancy imaging techniques like MRI and CT scans. This helps doctors find cancer early and treat it sooner.

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Biomarker Detection

Biomarker detection using nanomedicine is a fancy way of saying that tiny devices and sensors can find signs of cancer in our body fluids, like blood or urine. These signs, called biomarkers, indicate whether cancer is present. These nanomedicine-based devices are super sensitive and accurate to spot even tiny amounts of these biomarkers. This helps doctors find cancer early when it's easier to treat and has a better chance of being cured.

Biomarker Detection Device for Diagnosis of Cancer

Imaging Probes:

AI-Powered Nanoparticle Bio-Detection Platform:

Not only can these nanodevices detect cancer, but they can also keep an eye on how the disease is changing over time. This helps doctors track treatment progress and see if it's working well. Plus, by predicting how cancer might respond to different treatments, these nanomedicine-based tools can help personalize treatment plans for each patient. Biomarker detection using nanomedicine is a powerful tool for early cancer detection, monitoring disease progression, and guiding treatment decisions, all of which can improve outcomes for cancer patients.

Nanomedicine lets us make personalized treatments for each person's unique cancer. That means better results and fewer problems from treatment. It helps develop new cancer therapies like heat and light therapy and boosts the body's immune system to fight cancer. Nanomedicine can spot tiny signs of cancer in our body fluids, which helps catch it early and track how it's doing during treatment. So, because more people have cancer, there's a more significant need for these intelligent nanomedicine solutions to help diagnose, treat, and keep an eye on cancer, which is making the nanomedicine market grow.

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Nanomedicines Offer Promising Advantages for Dealing with Alzheimer's

Alzheimer's disease ranked as the sixth most common cause of death in the United States, and it dropped to seventh place in both 2020 and 2021. Neurological disorders like Alzheimer's disease are becoming more common, and nanomedicine offers promising ways to manage them. In Alzheimer's, for example, the brain gets clogged with clumps of proteins, leading to memory loss and cognitive decline. Nanomedicine can help by delivering drugs directly to these protein clumps, breaking them apart and slowing down the progression of the disease.

For instance,

Additionally, nanoparticles can carry drugs across the blood-brain barrier, a protective layer around the brain that usually prevents medications from getting in. This allows for more effective treatment of neurological disorders.

Nanomedicine also enables the development of advanced imaging techniques to detect brain changes associated with neurological diseases early, allowing for timely intervention and treatment. Nanomaterials can create implants or devices that stimulate or regulate brain activity, relieving symptoms and improving the quality of life for patients with neurological disorders.

Furthermore, researchers are exploring using nanotechnology in regenerative medicine to repair damaged nerve cells and promote brain tissue regeneration. By harnessing the unique properties of nanomaterials, scientists are optimistic about the potential of nanotechnology to revolutionize the management of neurological disorders like Alzheimer's, offering hope for improved outcomes and quality of life for patients and their families.

More People Need Nanomedicine Worldwide as a Result of Advancements in Technology and Innovation

Continuous improvements in making tiny things, studying them, and simulating their behavior are pushing nanotechnology forward and making the market grow. Nanofabrication techniques are methods for building small structures, like using special machines to create tiny devices or materials. Characterization tools help us understand what these little things are made of and how they work by analyzing their properties. Simulation software allows scientists to predict how nanomaterials will behave under different conditions without physically testing them.

For instance,

All these advancements are opening up new possibilities for nanomedicine, making creating innovative products and solutions easier. For example, better nanofabrication techniques allow us to make smaller, more precise devices, while improved characterization tools help us understand how nanomaterials interact with living cells or the environment. This helps researchers develop new nanotechnology-based products for various industries, from electronics and healthcare to energy and environmental sustainability. As a result, the nanotechnology market is growing as more companies invest in developing and commercializing these advanced technologies.

Obtaining Approval for Nanomedicine Products Can Be Challenging

Getting approval for nanomedicine products can be tricky because nanoparticles behave differently than regular medicines. This makes it hard for regulators to determine their safety and effectiveness. To make things easier, we need to set up standard ways to test nanomedicine and transparent rules for how they should be regulated. This would help speed up the approval process and make it easier for these products to enter the market. Without these guidelines, it's tough for companies to get their nanomedicine products approved, which slows progress and makes it harder for patients to access these innovative treatments. Setting up clear rules and testing methods for nanomedicine is essential for getting these products out to those needing them.

A Few of the Worldwide Commercialized and FDA/EMA-Approved Formulations Based on Nanomedicines

Geographical Landscape

North America, including the United States, Canada, and Mexico, plays a significant role in nanomedicine. In the United States, many research institutions and companies work on nanomedicine. Major pharmaceutical companies invest much in nanotechnology for medicines, diagnostics, and treatments. The FDA makes sure nanomedicine products are safe and work well. Canada also does a lot of nanomedicine research. Universities, government, and companies work together on new ideas. Canadian companies focus on using nanotechnology to deliver drugs and make better medical images.

Rules in Canada make sure nanomedicine is developed and used responsibly. The North American nanomedicine market is growing because of solid funding, rules, and healthcare. More people have long-term illnesses, so there's a more significant need for new treatments. Better technology, like new ways to deliver drugs and diagnose diseases, is also helping. When academics, businesses, and government work together, it improves nanomedicine and helps it grow in North America.

Countries like China, Japan, India, and South Korea are big players in nanomedicine in the Asia-Pacific region.

For instance,

This conference aimed to share scientific advancements, industry developments, technical progress, and emerging challenges within the field of nanotechnology. They have many research centers and companies developing new nanomedicine products. Governments support these efforts with funding and initiatives. With growing healthcare needs and investments, the region is seeing rapid advancements in nanotechnology for medicine. Collaboration between countries is also helping to drive innovation and improve healthcare options.

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Competitive Landscape

The nanomedicine market is competitive, driven by innovation, research efforts, and market demand. Big pharma, startups, and research institutions vie to develop new nanomedicines, focusing on safety, efficacy, and manufacturing. Regulatory standards shape the landscape, favoring companies that navigate them well. Partnerships and mergers bolster positions, aiding in technology access and market expansion. It's a dynamic arena marked by innovation, regulatory compliance, and collaboration, all aimed at tackling healthcare needs with advanced nanotechnology solutions.

Recent Developments

Market Key Players

Market Segmentation

By Application

By Indication

By Molecule Type

By Geography

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Towards Healthcare is a leading global provider of technological solutions, clinical research services, and advanced analytics to the healthcare sector, committed to forming creative connections that result in actionable insights and creative innovations. We are a global strategy consulting firm that assists business leaders in gaining a competitive edge and accelerating growth. We are a provider of technological solutions, clinical research services, and advanced analytics to the healthcare sector, committed to forming creative connections that result in actionable insights and creative innovations.

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Nanomedicine Market Size Expected to Reach USD 562.93 Bn by 2032 - GlobeNewswire

Buy this bitcoin miner that will distinguish itself from rivals after the halving, Rosenblatt says – CNBC

Some bitcoin miners won't survive when the upcoming halving slashes their revenue in half, but the ones that do survive will thrive, and Rosenblatt Securities says TeraWulf is its top pick in the category. The firm initiated coverage of the bitcoin miner with a buy rating and $4.20 price target Tuesday. Shares were ahead almost 3% in early trading, bringing the past month's gain to 14.2%. "WULF is our preferred way to allocate tobitcoinbelow spot prices, particularly among a not so shareholder-friendly pubco peer set," Rosenblatt analyst Andrew Bond wrote in a note, referring to publicly-traded miners. "While we expect the industry to shrink following the halving, WULF is built to last with access to industry-leading (nearly zero carbon) power cost and fleet efficiency, vertical integration through sustainable and scalable sites, and a best-in-class management teamwiththehighestlevelsofinsiderownershipinthe space," Bond added. WULF BTC.CM= 1Y mountain TeraWulf (WULF) YTD "WULF's cost to produce a bitcoin is industry best which has led to outsized gross margins well above its peers that trade at higher multiples," Bond said. Mining stocks like TeraWulf offer amplified exposure to the bitcoin price, with enhanced returns during bull cycles but increased volatility in bear markets. TeraWulf's estimated cost to mine a bitcoin this year is about $25,000 ahead of the halving and $37,000 after. Bitcoin is currently trading at about $70,500, according to Coin Metrics. The price of bitcoin is one of the biggest considerations for companies that mine the cryptocurrency, since miners earn 6.25 bitcoins for each block of transactions they mine. This reward will be halved in the coming weeks, as mandated by the Bitcoin code. Miners have been hard at work to enhance their fleet efficiency and lower their operating costs largely power costs. Bond said Maryland-based TeraWulf has quadrupled its self-mining capacity from early 2023 levels and that it has a fixed power cost of $0.02/kWh over the next five years lower than the U.S. industrial average of nearly $0.08/kWh and the majority of other miners, whose costs are in excess of $0.04/kWh. The analyst also attributed the company's discounted valuation to a misunderstanding of its debt structure, and its stock liquidity, which has been hampered by a lack of dilution compared to peers. Bond said TeraWulf is positioned to pay down its debt by the second half of the year. "Liquidity follows price, which we believe will move meaningfully higher after the halving as WULF is likely to be one of the only miners that can generate positive" free cash flow, Bond said. CNBC's Michael Bloom contributed reporting.

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Buy this bitcoin miner that will distinguish itself from rivals after the halving, Rosenblatt says - CNBC

With 10 days to the halving, analysts predict $150K Bitcoin top – Cointelegraph

With only 10 days left until the much-awaitedhalving, Bitcoin is still trading above the $70,000 psychological level, bolstering bullish long-term price predictions from market analysts.

Following the halving, Bitcoin (BTC) price could appreciate over 160% to reach a cycle top of above $150,000, according to a research report by Bitfinex analysts shared with Cointelegraph.

Bitcoin fell 2.2% in the 24 hours leading up to 11:50 am UTC to trade at $70,694. The worlds first cryptocurrency is up over 7.5% on the weekly chart, according to CoinMarketCap data.

However, the analysts note that there is more built-up selling pressure than in previous cycles due to Bitcoin hitting a new all-time high before the halving for the first time in crypto history.

While this is a sign of confidence for Bitcoin bulls, it could also introduce significant selling pressure, as 1.87 million BTC, or 9.5% of the circulating supply, was bought above the $60,000 mark. The analysts noted:

However, Bitcoin prices could see a sharp decline during the halving period due to the Federal Reserves quantitative tightening, which is removing liquidity from markets.Arthur Hayes, the co-founder of BitMEX, wrote in an April 8 blog post:

Related: How high can Bitcoin go? New BTC price prediction sees cycle top at $180K

The inflows from the United States spot Bitcoin exchange-traded funds (ETFs) have been a significant part of Bitcoins price rally.

By Feb. 15, the Bitcoin ETFs accounted for about 75% of new investment in the worlds largest cryptocurrency as it surpassed the $50,000 mark, according to CryptoQuant research.

Since their launch, the Bitcoin ETFs have amassed over 841,900 BTC, worth $59.2 billion, which represents 4.28% of the Bitcoins circulating supply.

With the accumulation pattern of the past two weeks, the Bitcoin ETFs are set to absorb 2.6% of Bitcoin supply per year, according to Dune.

Bitcoin ETFs amassed over $500 million worth of net inflows last week, with a total of $286 million worth of daily net inflows on April 8, during this weeks first trading day, according to Dune data.

Related: 10 days until halving: Bitcoin mining profitability wont necessarily fall

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With 10 days to the halving, analysts predict $150K Bitcoin top - Cointelegraph

New NFT/Bitcoin Handheld Will Likely Cost $500 – Kotaku

Ordz Games has revealed a new retro-inspired handheld gaming console that will allegedly let players earn Bitcoins while playing games that are connected to the larger blockchain network. The console isnt out yet, but will likely cost around $500, according to the company behind the device.

I Hate This FF7 Rebirth Characters Whole Vibe

Sure, in 2024 the new hot thing among most large tech companies and Silicon Valley investors is AI. But there are still some folks out there dedicated to NFTs, cryptocurrency, and the blockchain. Despite the rollercoaster stability of all this crapBitcoin prices dropped $5,000 last weekthere still seems to be a market for this stuff. So, say hello to the BitBoy One.

Revealed on April 5, the BitBoy One is an upcoming handheld gaming console that is designed to also be a crypto wallet. It will also be able to play classic gamesassuming you provide the romsand will let you earn Bitcoin cryptocurrency by playing specific blockchain play-to-earn games. If the device looks very familiar, thats because it seems to be heavily based on similar retro devices like the Miyoo Mini and Anbernic RG35XX. In fact, the BitBoy One shares a lot of the same internal specs as those popular mini-retro handhelds. However, those devices cost between $60 to $100. Meanwhile, Ordz Games tells GamesBeat that the BitBoy One will likely cost around $500.

This device is very deeply rooted inside of Bitcoin, said the person behind the device, entrepreneur z3th. So the whole design language, the naming, is Bitcoin. Its all going to come with a 3D rendering of the physical device, which will be in an ordinal.

Whats an ordinal? Well, heres how GamesBeat describes them:

Ordinals are a way to create Bitcoin NFTs by attaching data such as images, videos, and more to an individual satoshi (the smallest form of Bitcoin currency) on the base Bitcoin blockchain.

Apparently, these Bitcoin/NFT hybrids have been around since January 2023 and will be a key part of the BitBoy One. The creator also claims youll be able to mine Bitcoin using the device, but admits that the weak, tiny BitBoy One wont be able to actually earn much.

The mining power of the physical device is very, very weak. It will take years to mine, said z3th. Youre not going to make real money from it. But its for fun.

If a lot of this sounds a bit wishy-washy and not really specific, thats becauseas with most blockchain products and plansits all very vague. Z3th is making lots of promises about earning money and Bitcoins and ordinals using the device. They say it will also mine coins and be a wallet for you. And there will be multiplayer support and the ability to play old games against friends to earn cryptocurrency, too. But nothing concrete on when to expect the BitBoy One, the actual price, or why most people would pay $500 for this device when similar retro handhelds can be bought for less than $100.

Perhaps Ill be proven wrong and this device will be incredible and make me a believer in NFTs and crypto. But uh, I wont be pre-ordering it anytime soon.

.

Continued here:

New NFT/Bitcoin Handheld Will Likely Cost $500 - Kotaku

Bitcoin ETFs see surprise $200M outflow Will the new $69K support hold? – Cointelegraph

Bitcoin (BTC) fell below $70,000 on April 9 as early excitement from the weekly close faded.

Data from Cointelegraph Markets Pro and TradingView showed BTC price downside gathering momentum before the Wall Street Open.

The days lows of $69,635 on Bitstamp represented a 4.3% drop versus the previous days local high with wavering short-term sentiment to match.

The weeks first Wall Street trading session had broadly disappointed Bitcoin bulls.

The United States spot Bitcoin exchange-traded funds (ETFs) took in little capital and combined with a $300-million outflow from the Grayscale Bitcoin Trust (GBTC), the days net flows were heavily negative.

According to data from sources including United Kingdom investment firm Farside, net outflows totaled just over $200 million.

Surprisingly, even though Bitcoin pumped up yesterday the ETF flows were significantly negative. One of the largest -ever days we have had, popular analyst Mark Cullen wrote in a response on X (formerly Twitter).

The two largest ETFs, BlackRocks iShares Bitcoin Trust (IBIT) and Fidelity Investments Wise Origin Bitcoin Fund (FBTC), nonetheless avoided losses, maintaining an unbroken streak of inflows.

Market participants had expected net flows to improve after bankrupt crypto lender Genesis announced last week that it had completed its own multibillion-dollar offloading of GBTC shares, which it would in turn use to buy BTC.

Overall a very slow day for ETF flows considering the price action, popular commentator WhalePanda wrote in part of his own follow-up analysis.

Considering short-term BTC price action, meanwhile, traders looked for signs of a reversal upward.

Related: Plotting the path to $80K 5 things to know in Bitcoin this week

Trader Crypto Ed, who began the week with an $80,000 target, eyed $73,000 as the first port of call for upward continuation.

Bitcoin successfully retested the 2021 cycle high but bears are going for a second attempt of pushing prices lower, fellow trader Jelle continued, referring to the days return to near $69,000.

A further post maintained a breakout target of $82,000.

Others were more cautious, among them trader and chartist Credible Crypto, reiterating an existing theory that called for a fresh BTC price dip to $60,000 or lower.

Covered the move up to the highs that we are seeing now and covered the correction after that I expect to follow. Nothing has changed, part of an X update stated.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Bitcoin ETFs see surprise $200M outflow Will the new $69K support hold? - Cointelegraph

4 Reasons Why This Bitcoin Halving May Be Different – Investopedia

Key Takeaways

Bitcoin (BTC) halving is expected later this month but a confluence of factors is likely to set the cryptocurrencys fourth such event apart from prior occurrences.

Halvingafter which the rate bitcoins are generated by the network roughly every ten minutes is cut in halftypically occurs after 210,000 bitcoins are mined or roughly every four years. Halving is expected this year around April 20, but some suggest it could happen even sooner.

In the runup to prior halving iterations, bitcoin has scaled new highs in the months following the reduction in the crypto asset's rate of issuance.

Recently it reached a new all-time high before the current cycle's halving event for the first time. Analysts at Coinbase warn the market could be placing undue importance on price movements around halving without taking into account the context of broader market conditions.

The performance of bitcoin around previous halving events was most likely context-dependent. That may explain why price trends during different cycles have varied so widely, wrote in a March report.

For example, they attribute some of the 45% growth before the second halving in July 2016 to uncertainties surrounding Brexit and the 73% gain ahead of the third halving in May 2020 to the pandemic-era initial coin offering (ICO) boom.

Spot bitcoin exchange-traded funds (ETFs) have fundamentally changed the market dynamics forbitcoin, according to Coinbase. And they did not exist at the time of prior halvings.

The products that began trading in January have seen massive inflows that have driven up demand and consequently the price of bitcoin.

The approval of bitcoin ETFs in the U.S. could significantly alter the supply and demand dynamics of bitcoin, as inflows are roughly 5-7X the daily new units of generated BTC," said a 21Shares report.

So, how does it play out in the context of the halving? In a hypothetical scenario, if the supply consisted of only newly minted bitcoin (and existing bitcoin were not available to be traded), heres what Coinbase said could happen:

If we assumed that the pace of new inflows into US-based ETFs slowed from $6 billion in February to say a steady state of $1 billion of net inflows per month, a simple mental model suggests that measured against ~13.5k BTC mined per month (in a post-halving environment) the equilibrium price for bitcoin should be closer to around $74,000, they wrote.

Bitcoin available to trade (i.e. the difference between circulating and illiquid supply) has been in decline since early 2020, a major shift from previous cycles, said Coinbase.

Normally, illiquid supply is attributed to lost wallets and forgotten keys but Coinbase analysts also mention the level of available bitcoin supply has been trending lower over the last four years and thats a departure from prior halving cycles.

But thats not necessarily a bad thing for bitcoin, since that could mean investors with long-term positions and less inclination to sell with short-term price variations.

With more than $19 million bitcoin in circulation and the supply capped at $21 million, the halving is making mining harder and slashing incentives for miners in half.

Typically, miners sell bitcoin ahead of halvings in anticipation of covering operational expenses for things like energy and mining equipment. However, the bitcoin rally has led to fewer bitcoin sales by miners who have up to 1.8 million bitcoin in their reserves.

Another key factor to consider during the upcoming halving event is the contrast of bitcoin's predictable, declining rate of issuance in context of the uncertainties around the U.S. Federal Reserve lowering its benchmark rates.

The general thesis is if the Fed cuts rates, U.S. Treasury yields will weaken, making riskier assets such as cryptocurrencies more attractive to investors. However, unexpectedly robust economic data in the past few weeks has stoked the debate around rate cuts. Cutting too soon could revive inflation but keeping rates higher for too long could push the economy to the brink of a recession.

Other central banks across the globe have already begun to shift their monetary policy stance.

"The eagerness of major central banks to reduce interest rates despite strong economic growth has likely contributed to an increase in market inflation expectations," digital asset manager Grayscale said in a report. "The risk of higher inflation may in turn be stimulating demand for alternative stores of value, like physical gold and Bitcoin."

See more here:

4 Reasons Why This Bitcoin Halving May Be Different - Investopedia

Analyst predicts Bitcoin to hit $150k by 2025, uptick in Microstrategy stock – crypto.news

The Benchmark Company analyst Mark Plamer expects Bitcoins price to hit $150,000 by the end of 2025.

Palmers comments came via an April 8 investor note, in which he raised his price target forMicroStrategy(MSTR) to $1,875, almost doubling from his previous target of $990.

Palmers optimism about MSTR is based on the companys Bitcoin holdings. The analyst expects the flagship cryptocurrency to hit a price of $150,000 by 2025. He noted that MicroStrategys massive Bitcoin holdings will greatly benefit from the upcoming halving event, as the supply of Bitcoin will be reduced to half.

The $150,000 price target for Bitcoin is also higher than Palmers Feb. 27 prediction that the price would touch $125,000. Following this analysis, BTC rallied approximately 27%, leading to the analysts higher price target.

In a subsequentinterviewwith Yahoo Finance, the Benchmark analyst highlighted the historical impact of the halving event on BTC prices. He noted that Bitcoin halvings in 2012, 2016, and 2020 were followed by significant price appreciations due to the supply shock they created.

He went on to add that the upcoming halving could mimic a similar scenario. The impact could also be further intensified by the shock in demand, which analysts expect to be created by the spot Bitcoin ETF products. Palmer expects thedemandfor these ETF products to catapult further as more institutions enter the scene.

Another factor Plamer has considered in his prediction for the MSTR stocks target is the companys tendency to strategically accumulate Bitcoin.

The firm, under the leadership of Michael Saylor, has been accumulating Bitcoin at an average price of $35,160. According tosaylortracker, MicroStrategy holds 214,245 Bitcoins as of April 9.

Palmer expects this trend to continue, highlighting that the company has increased its Bitcoin holdings for 15 consecutive quarters. The analyst expects Saylors firm to hold approximately 298,246 Bitcoins by year-end 2025, a 40% increase from current holdings.

The company is expected to do this using funds fromcapital raisesand excess cash from its enterprise software business.

Several analysts are touting the post-halving scenario as a bullish period for Bitcoin. Palmers sentiments over Bitcoin were also echoed by Skybridge Capital founder Anthony Scaramucci, whoexpectsthe flagship crypto to hit at least $170,000 within the 18-month post-halving cycle.

Similarly, analysts at crypto exchange Bitfinex alsoreporteda price target for BTC between $150,000-169,000. However, analysts noted that this halving is different from the previous ones because BTC had already hit an all time high prior to the event.

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Analyst predicts Bitcoin to hit $150k by 2025, uptick in Microstrategy stock - crypto.news

Tether’s $500m Bitcoin mining push is just about ready as halving looms, CEO Paolo Ardoino says – DLNews

Dispatch from Paris Blockchain Week

In a move that may shake up the global Bitcoin mining industry, Tether CEO Paolo Ardoino said the stablecoin issuers $500 million buildout in the sector is nearly complete.

Speaking with DL News on the sidelines of the Paris Blockchain Week, Ardoino said the capital investment has financed construction of mining facilities and energy stations in Uruguay, Paraguay, and El Salvador.

In El Salvador, there is a set-up phase, he said. We are first focusing on building renewable energy stations. Starting from solar and wind, and then moving towards geothermal.

In June 2023, Tether said it was participating in a $1 billion initiative in El Salvador to capture the countrys geothermal energy production.

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Volcano energy is expected to power a 241 megawatt energy station, which in turn will help run Bitcoin mining rigs.

Tether manages the industrys largest cryptocurrency pegged to the US dollar, USDT. With more than $107 billion worth of coins issued, USDT is the largest cryptocurrency after Bitcoin and Ether.

Tether first announced its ambitions to enter the mining business, a vastly different niche from stablecoins, last November.

The reason for the move into mining? Decentralisation, says Ardoino.

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Bitcoin mining was first centralised in China and now its centralised in the US, he told DL News. Of course, the US is more open than China, but we shouldnt allow one single geopolitical jurisdiction to be so important.

China, with its vast amounts of cheap energy, was home to the majority of the networks hashrate the computer power that backs the Bitcoin network.

Beijiing banned the activity in 2021 and spurred an exodus to the US. Local governments in Kentucky and Texas attracted mining firms with lucrative tax rebates and energy deals.

Its not great for Bitcoin. We need more diversity, said Ardoino, who was the chief technology officer at Bitfinex before taking the same role at Tether in December 2017.

He was appointed Tether CEO in October.

The $500 million investment in the mining industry comes just two weeks before Bitcoins next halving event.

Every four years, the reward doled out to miners every 10 minutes for maintaining the blockchain is slashed in half. This time around it will drop to 3.125 Bitcoin.

Its an unsteady moment for most miners, because while their operational costs remain the same, their main revenue stream is halved.

The least efficient operations are expected to suffer from the crunch, while major companies like Marathon Digital have signalled they are looking to acquire distressed assets.

The previous halvings have, however, been an enormous boon for the price of Bitcoin. The cryptocurrency rose more than 600% in the months after the 2020 halving.

Liam Kelly is DL News Berlin correspondent. Contact him at liam@dlnews.com.

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Tether's $500m Bitcoin mining push is just about ready as halving looms, CEO Paolo Ardoino says - DLNews

Mezo, a Bitcoin L2 that lets HODLers earn yield, debuts after $21 million Series A led by Pantera – Fortune

Thesis, a venture studio launched in 2014, today announced a Bitcoin layer 2 called Mezo, which the company describes as a Bitcoin economic layer. The launch follows a $21 million Series A raise led by Pantera Capital and with participation from Multicoin, Hack VC, and Draper Associates, among others.

Thesis says Mezo is distinct from other L2s because it enables users to access applications that facilitate the use of Bitcoin tokens, promoting a circular Bitcoin economyit can be more than savings technology.

What I think distinguishes an economic layer versus any other chain is that its doing good for Bitcoin both the money and the network. And then, its doing good for individual Bitcoin holders, Matt Luongo, CEO of Thesis and founder of Mezo, told Fortune.

Mezo takes the otherwise inert Bitcoin holdings of HODLers and puts them to work, the company said, in a points program called the Proof of HODL. The longer their Bitcoin deposits are stored, the more a contributors HODL score multipliers.

We want to make sure that people that have Bitcoin can actually run this chain, Luongo said, and the longer customers use their tokens with Mezo, the more aligned they become with the chain.

For a users role in securing the network, Mezo provides yieldgiving Bitcoiners something for doing what they would otherwise be doing: HODLing Bitcoin.

Whatever happens on this chain is good for people that hold Bitcoin, and its good for people who use Bitcoin on the chainI think thats key, he explained. Anyone whos ever really touched the asset should be able to earn on their Bitcoin. It shouldnt just be something like a pet rock or something thats sitting on the shelf, you know?

Mezo was built to deepen the capabilities of the Bitcoin infrastructure by aiding cheaper and faster transactions without deviating from the networks foundational principles, the company said in a statement. The permissionless layermeaning a public blockchain with no restrictions nor central administratorleverages a neutral smart contract infrastructure to offer a broader range of applications on the Bitcoin network, the company said.

The layer 2 will go live with ecosystem support from Thesis-built tBTC, which allows for trust-minimized bridging to various ecosystems. Mezo highlights the immense potential of tBTC in making Bitcoin a productive asset, Anjan Vinod, principal at ParaFi Capital, said in a statement.

This feels like a breakthrough moment for Bitcoin as a technology, not just an asset, Dan Morehead, founder and managing partner of Pantera Capital, added. The Bitcoin community has been great at holding their Bitcoin for a long time, but theyre also ready to put their assets to work.

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Mezo, a Bitcoin L2 that lets HODLers earn yield, debuts after $21 million Series A led by Pantera - Fortune

Bitcoin halving could be a ‘sell-the-news’ event, at least for a few months – Cointelegraph

Many crypto traders expect the Bitcoin halving event to be a pivotal moment in 2024, significantly impacting the crypto market. However, analysts at Steno Research anticipate that it will be a buy the rumor, sell the news event.

There have been three halving events in Bitcoins history, reducing miner rewards from 50 BTC to 25 BTC in 2012, 12.5 BTC in 2016 and 6.25 BTC at the last halving on May 11, 2020.

Steno Research says that BTC is likely to repeat the 2016 halving with selling pressure sustained for up to four months after.

We foresee the next Bitcoin halving as a short-term buy the rumor, sell the news event, echoing the 2016 halvings pattern, this time around even with heightened anticipation from Bitcoin ETF [exchange-traded fund] holders, the research firm stated.

Steno Research expects a surge in BTCs value leading up to the halving event. However, it says the value could dip below its price at the time of the halving within the first 90 days following the halving.

Steno Research analysts identified parallels between BTC price performance before and after the 2016 halving, indicating that similar outcomes can be expected from the upcoming event.

The report noted that Bitcoins price remained below its pre-halving level for the entire 90 days following the halving. Specifically, on the 90th day post-halving, Bitcoin was priced 8.4% lower than before the halving, Steno Analyst Mads Eberhardt wrote.

According to data from CryptoQuant, Bitcoin daily mining rewards are at their highest ever as the price trades close to its all-time high. This implies that even though the number of BTC issued will be the smallest yet, after the halving, the value of this issuance will be high when measured in dollars.

The report explained that with the current price at approximately $71,563, this reduction now translates to $224,512 worth of Bitcoin, compared to the $55,000 the miners received after the last halving.

As such, miners are likely to sell all their Bitcoin over time to cover the costs associated with their mining operations, the report noted. This then contributes to the sell-side pressure that causes the BTC price to correct after months after the halving.

Related: Bitcoin Bollinger Band signal suggests BTC could double by July

Further, the report explained that the halving is a bullish catalyst for Bitcoins price once selling pressure from miners reduces.

Eberhardt said:

Another analyst, Alex Wice, saidthe Bitcoin halving is going to cause a repricing that is expected to send the price ballistic, arguing that even though people know about it, it is never fully priced in.

Bitget Wallet chief operating officer Alvin Kan expects some short-term volatility post-halving but that the bullishness arising from the event could lead to strong levels of interest and growth in the wider Web3 ecosystem.

At the time of publication, Bitcoin was trading at $71,563, up 3.8% over the last 24 hours

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Bitcoin halving could be a 'sell-the-news' event, at least for a few months - Cointelegraph

Kidnapped businessman kept in cage by bitcoin ransom gang – Protos

A wealthy Chinese businessman who was kidnapped at gunpoint from a prestigious UK golf course was threatened with a knife, beaten, and held in a cage for over 30 hours by a crypto ransom gang demanding $15 million in bitcoin, UK prosecutors allege.

As reported by the BBC, Dylan Huang was golfing at Brocket Hall in Hertfordshire in October 2023 when five individuals allegedly ambushed him and forced him into a car.

Prosecutors say the gang then bound Huang and drove him to a property in Surrey where he was caged, blindfolded, and had his mouth taped shut.

Its claimed that the gang demanded millions of dollars in bitcoin and that Huang offered to sell his stocks and shares to the gang while also attempting to source various loans from his friends.

Read more: Russian crypto miner held hostage on Christmas day

Prosecutors said, After several hours it seemed the kidnappers were getting angry. They started to hurt him hitting his leg with some sort of object.

The ordeal supposedly took 30 hours, during which time Huang is said to have been fed but wasnt allowed to use the toilet. Prosecutors say Huang was eventually released and dropped off near another golf club in Surrey.

Thirty-five-year-old Tianfu Guo was arrested after police tracked his car using remote ANPR cameras. He is standing trial at St Albans Crown Court, accused of conspiracy to kidnap, conspiracy to blackmail, and possession of an imitation firearm with intent to cause fear of violence.

He denies any involvement in the plot and pleaded not guilty to the charges.

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Kidnapped businessman kept in cage by bitcoin ransom gang - Protos

BTC halving to fuel ‘raging firesale of crypto assets’ Arthur Hayes – Cointelegraph

Aprils Bitcoin halving, combined with a bag of tricks from the United States Federal Reserve and the Department of the Treasury, will add propellant to a raging firesale of crypto assets and depress the crypto market for weeks, says BitMEX co-founder Arthur Hayes.

In an April 8 blog post, Hayes wrote he believed the Bitcoin halving would pump prices in the medium term but warned crypto prices directly before and after could be negative.

The narrative of the halving being positive for crypto prices is well entrenched. When most market participants agree on a certain outcome, the opposite usually occurs, he wrote.

Hayes believes that the halving is also coming at a time when dollar liquidity is tighter than usual and outlined his theory on how the U.S. Federal Reserve and Treasury policies impact the markets.

Could the market defy my bearish inclinations and continue higher? Fuck yeah, he wrote. Im perennially long as fuck crypto, so I welcome being wrong.

Hayes noted the second half of April would be a precarious period for risky assets, as U.S. tax payments remove liquidity, the Fed starts quantitative tightening, decreasing the money supply, and the Treasurys general account (TGA) basically, the governments checking account is yet to be used. Hayes wrote:

After May 1, following the Feds meeting on the same day, Hayes said he expects it to reduce the pace of money supply tightening, and the Treasury will release from the TGA most likely, an additional $1 trillion of liquidity into the system, which will pump markets.

Related: Bitcoin needs to hold above $80,000 to keep mining profitable post-halving

Hayes said the halving and the Fed and Treasurys bag of tricks is why hes decided to abstain from trading until May.

Bitcoin (BTC) is up over 61% year-to-date, climbing from around $42,200 to trade at $71,170,according to Cointelegraph Markets Pro.

The market sentiment measuring Crypto Fear and Greed Index has also climbed since Jan. 27, remaining in the Greed zone above a score of 50 out of 100.

The score for April 9 showed Extreme Greed, with a score of 80, up from 76 the day prior.

It started the year at a score of 65, meaning Greed, but hit a high of 90 on March 5 its highest in two years.

Hayes wrote that if the liquidity scenarios he theorized come true, it would give him much more confidence to ape into all manner of dogshit.

If I miss a few percentage points of gains but definitely avoid losses for my portfolio and lifestyle, that is an acceptable outcome, he added.

Magazine: How to protect your crypto in a volatile market Bitcoin OGs and experts weigh in

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BTC halving to fuel 'raging firesale of crypto assets' Arthur Hayes - Cointelegraph

Bitcoin price today: hovers around $71k with focus on halving, CPI data By Investing.com – Investing.com

Investing.com-- Bitcoin price rose on Tuesday, hovering below recent record highs as traders awaited more cues on the upcoming halving event and key U.S. inflation data.

The rose 2.5% in the past 24 hours to $71,133.3 by 01:37 ET (05:37 GMT), extending a recovery seen over the weekend.

Still, the token remained below a record high of over $73,000 as broader risk appetite was dented by anticipation of key U.S. inflation data, which is widely expected to factor into the outlook for interest rates. The reading is due on Wednesday.

Bitcoin was underpinned chiefly by anticipation of the halving event, which is expected to occur later in April with the generation of block no. 840,000 on the Bitcoin blockchain.

The event is set to halve the rate at which new Bitcoin is mined, potentially tightening future supply of the token.

The halving ties into the narrative that scarcity of Bitcoin will push up its price, and is a closely-watched event for crypto markets. But it also pressures smaller Bitcoin miners by reducing their mining rewards.

Gains in Bitcoin spilled over into other cryptocurrencies. World no.2 token rose 7.6% to $3,688.20, while rose 4.3% to $0.61785.

Data from digital asset manager CoinShares showed on Monday that while crypto investment products saw capital inflows in the week to April 8, hype over the approval of spot Bitcoin exchange-traded products now appeared to be easing.

Digital assets in total saw $646 million inflows last week, with a bulk of these being directed towards Bitcoin, which has largely dominated the crypto narrative in recent months.

Overall capital flows remained well below levels seen in early-March, while trading volumes also continued to decline from highs seen earlier in the year.

The U.S. Securities and Exchange Commissions approval of spot Bitcoin ETFs was the biggest driver of the tokens price gains so far in 2024. But this also saw the crypto market turn even more biased towards Bitcoin.

Ethereum saw outflows of $22.5 million, as traders remained averse to the token amid reports of a SEC investigation into the Ethereum Foundation.

The SEC is also set to decide on spot Ethereum ETFs in late-May.

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Bitcoin price today: hovers around $71k with focus on halving, CPI data By Investing.com - Investing.com

With Bitcoin back at $72000, here are seven factors that will drive or scuttle the rally – DLNews

Bitcoin traders are gearing up for an exciting April.

Having traded around $65,000 for most of the past month, the worlds leading cryptocurrency by market value rallied to above the $72,000 on Monday morning London time.

However, seven factors could either drive or risk derailing the rally in April.

The crypto community is bracing for April 19.

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Thats when traders expect the next Bitcoin halving.

The halving which, as its name suggests, slashes in half the amount of new Bitcoin produced by the network each time a new block of Bitcoin is minted happens every four years. Its intended to gradually reduce the supply of new coins.

Investors love halvings because Bitcoins price tends to surge in the months following the event, as crypto research firm Kaiko noted in a report last week.

Still, predicting how Bitcoins price will react to a halving is difficult.

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For instance, 2016s halving saw the price of Bitcoin drop about 30% right around the time of the event, but in 2020, the selloff happened two months before the halving, Kelly Ye, head of research at crypto investment firm Decentral Park Capital, wrote in a research note on Monday.

This time around, some new dynamics are in play including the demand for spot exchange-traded funds.

Spot ETF inflow is often 10x magnitudes bigger than the Bitcoin production, which makes a more dominant impact on the Bitcoin price, at least in the short term, Ye wrote.

The launch of spot Bitcoin ETFs in January helped drive the price of Bitcoin to its $73,000 record high in March.

ETFs opened Bitcoin to new investors, who can now gain exposure to the cryptocurrency without using crypto-specific infrastructure. This, will fundamentally change the market structure for Bitcoin, Ye said.

With spot ETFs, issuers have scooped up almost 220,000 Bitcoin and converted them into shares in their funds.

The resulting supply shortage got so bad that Wall Street banks have reached out to at least one Bitcoin mining company to try to acquire the miners Bitcoin holdings, as DL News reported last week.

April 10 is another key date in the crypto calendar.

Thats when several Wall Street institutions are set to complete the 90-day due diligence of the Bitcoin ETFs that launched in the US on January 11.

Once, and if, theyve ticked those boxes, these firms will make the ETFs available to their clients, which will likely drive demand for Bitcoin, Coinbase analysts David Duong and David Han wrote in a report late last month.

This could yet unlock significant capital for US-based spot Bitcoin ETFs over the medium term, they said.

Another factor driving up bitcoins price is the escalating tension between Israel and Iran, which has spurred a close to 10% rally in oil and gold in the past month, Ye wrote.

We expect Bitcoin to potentially benefit from geopolitical uncertainty with its value proposition as digital gold, especially as the sales effort on spot Bitcoin ETFs ramp up, Ye added.

Meanwhile, the worlds leading cryptocurrency hasnt tapped decentralised finance as much as its rival Ethereum has.

Ye said that the ETF frenzy, as well as technological unlocks like the Taproot upgrade in November 2021, and the popularity of some DeFi protocols on Stacks a Bitcoin layer 2 platform sets the stage for the growth of the Bitcoin ecosystem.

And that could lead to Bitcoins price shooting up, because network participants will need to spend Bitcoin to use applications built on top of the blockchain.

Ye is not alone in his assessment of Bitcoin layer 2s. In February, hedge fund Pantera Capital said decentralised finance could have a $500 billion breakthrough moment on Bitcoin as the market turns bullish.

New inflation figures for the US will be published on Wednesday.

Federal Reserve officials keep a close eye on consumer inflation to understand if theyre doing enough to rein it back into the Feds target range of 2% to 3%.

Merkle Tree Capital chief investment officer Ryan McMillin told DL News this data could roil markets.

If the numbers arent low enough, the Fed could signal that it will delay a rate cut.

That would harm investor sentiment for crypto, because high interest rates tend to scare away investors from riskier assets like Bitcoin.

Rate cuts wont happen at the central banks next meeting on April 30 and May 1, Federal Reserve Bank of Cleveland president Loretta Mester said last week.

April 15 is another crucial date for Bitcoin watchers.

Thats the deadline for US taxpayers to file their income taxes.

Some Bitcoin holders may sell their digital assets to pay their taxes ahead of the deadline, thus affecting the price, David Brickell, head of international distribution at digital assets advisory platform FRNT Financial, said last week.

Jo Wright is a regulation correspondent for DL News. Got a tip about Bitcoin? Reach out at joanna@dlnews.com

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With Bitcoin back at $72000, here are seven factors that will drive or scuttle the rally - DLNews

30% of Deutsche Bank clients expect Bitcoin to drop below $20k – crypto.news

German investment bank Deutsche Bank has published a new survey showing consumers are becoming slightly less skeptical about crypto.

Deutsche Bank, a German multinational investment banking giant, has published a survey, indicating a shift in consumer attitudes towards cryptocurrencies. According to a Reuters report, the Frankfurt-based banking giant surveyed over 3,600 consumers in the U.S.

Results indicate a growing acceptance of cryptocurrencies, with more than half of respondents (approximately 52%) viewing them as an important asset class and method of payment transactions for the future, marking a 12% increase compared to figures from September 2023.

However, the survey also highlights a cautious sentiment among many respondents, as 30% anticipate Bitcoins price to fall below $20,000 by the end of 2024, although this group has shown a slight decrease since January.

One notable finding is the declining belief that cryptocurrencies are merely a passing trend. As per the report, less than 1% of respondents now hold this view, suggesting a growing acceptance of crypto as an enduring financial instrument. Despite this, only 10% of respondents expect Bitcoin to surpass $75,000 by the end of the year.

As Bitcoin approaches its fourth halving event, where miner rewards are halved, there is speculation about its potential impact on prices. Historically, Bitcoin has experienced price declines within the first 90 days following halving events. However, some analysts suggest that the current landscape may be different, citing the influx of new capital through spot Bitcoin exchange-traded funds (ETFs) as a potential game-changer.

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30% of Deutsche Bank clients expect Bitcoin to drop below $20k - crypto.news

Bitcoin Cash completes halving weeks before Bitcoin’s turn – Blockworks

Bitcoin Cash underwent its halving just a few weeks before Bitcoins quadrennial event.

The halving for Bitcoin Cash (BCH) happened Thursday, reducing block rewards to 3.125 BCH. Unlike bitcoin, this is only the second such event for the forked network. The last halving took place in early April 2020, with block rewards falling to 6.25 BCH.

BCH spiked to prices not seen since 2021 following its halving event, hitting a high of around $700 in early Friday hours before it settled around $660. The jump marks a 10% increase over the past seven days.

The price action is nowhere near its all-time highs in 2017 when it traded over $9,500, according to Coinbase data.

Read more: Roger Ver was right about Bitcoin

BCH, a proof-of-work blockchain, was intended to be a cheaper and faster alternative to the original bitcoin chain, from which it forked in 2017.

Bitcoin Cashs market cap sits around $13 billion, far below the $1.3 trillion market cap set by bitcoin. The price, however, has gradually increased as the forked blockchain shadowed bitcoins gains.

Read more: ETFs helped legitimize bitcoin ahead of halving: Q&A

Since the approval of the spot bitcoin ETFs in January, bitcoin has steadily climbed and carved out new all-time highs. Bitcoin (BTC) is currently trading at around $67,000.

Bitcoins halving will happen on or around April 20 at block 840,000. The event takes place every 210,000 blocks.

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Bitcoin Cash completes halving weeks before Bitcoin's turn - Blockworks