This week, we're looking at three stories that show just how quickly sentiment can change in this market.
๐๐ผ First, Bitcoin has suffered one of its sharpest shocks of the year after US strikes on Iran rattled global markets. The world's largest cryptocurrency plunged below US$71,000, triggering almost a billion dollars worth of liquidations as traders rushed for the exits. We'll unpack what happened, why geopolitics suddenly matters again, and whether this was panic or something more significant.
๐๐ผ Then we tackle a warning that's been making headlines across the crypto industry: quantum computing. But according to a growing number of security experts, the real danger isn't some future machine cracking Bitcoin overnight. The bigger threat could be the data being quietly collected today and stored for a future attack. Blake breaks down what investors should actually be paying attention to.
๐๐ผ And finally, while markets were awash with red, one tiny DeFi project managed to do the unthinkable. An 11-person team built a platform that's now being talked about in the same breath as some of Wall Street's biggest financial institutions after its token remained one of the few bright spots in a brutal week for crypto. It's a fascinating reminder that innovation doesn't always come from the biggest players.
From geopolitical shocks to quantum threats and unlikely winners, there's plenty to get through.
Letโs get into it ๐
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TIMESTAMPS
1:58 Bitcoin liquidates...FAST!
6:20 Quantum computing. Should we be worried?
9:11 One corner of crypto has been pumping! Do you know what it is?
11:46 Short, sharp news bites
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SHOWNOTES
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In the spirit of reconciliation, the hosts of Crypto Curious acknowledge the Traditional Custodians of the country throughout Australia and their connections to land, sea, and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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