Crypto World
Ethereum price confirms rejection at $2,200 downside builds
Ethereum price has rejected the $2,200 resistance level after failing to sustain momentum above a key value area high. The rejection increases the probability of a rotational move toward lower support as bearish pressure begins to build.
Summary
- Resistance Rejection: Ethereum rejected the $2,200 level and closed below the value area high.
- Range Structure: Price remains trapped within a broader consolidation range.
- Downside Target: A rotational move toward the $1,826 support level is possible if resistance holds.
Ethereum’s (ETH) recent price action has shown clear signs of weakness after the asset attempted to reclaim the $2,200 resistance level but failed to hold above it. The rejection from this area has reinforced the broader range-bound structure that has been developing over recent sessions.
With price now trading back below the value area high, the market is beginning to show signals that a rotational move toward lower support may occur if selling pressure continues.
Ethereum price key technical points
- Key Resistance: $2,200 rejection confirms strong overhead supply.
- Value Area Structure: Price closed below the value area high, signaling weakening momentum.
- Technical Target: Potential rotation toward the $1,826 support level.
Ethereum recently approached the $2,200 region, which has acted as a strong resistance level within the current trading structure. This area coincides closely with the value area high, a key technical zone derived from the volume profile that often acts as a pivot for price direction.
When Ethereum briefly traded near this region, buyers failed to generate enough momentum to sustain a breakout. Instead, the market printed a clear rejection and quickly moved back below the level.
This rejection is technically significant because it confirms that the upper boundary of the current trading range remains intact. The value area high often acts as a distribution zone where selling pressure emerges, and the inability for price to hold above this level indicates that market participants may still be favoring a range-bound structure rather than a breakout continuation.
With the rejection confirmed through a close below the value area high, the probability of a rotational move within the established range increases. In range-bound environments, price typically oscillates between the value area high and value area low while searching for liquidity at both extremes. In this case, the lower support around $1,826 becomes the next logical technical magnet for price action.
Meanwhile, broader discussions within the ecosystem continue after Vitalik Buterin recently described Ethereum as part of a wider network of “sanctuary technologies,” open-source systems designed to protect freedom, privacy, and resilience in an increasingly uncertain world.
Market structure also supports the potential for a downward rotation. Ethereum has repeatedly struggled to establish higher highs above the $2,200 region, suggesting that buyers are losing control at this level. Without a strong influx of bullish volume to reclaim resistance, price is more likely to revisit lower liquidity zones where demand may re-enter the market.
Additionally, the proximity between the value area high and the broader range resistance strengthens the case for rejection. When multiple technical levels align in the same region, the probability of price reacting to that zone increases significantly, which likely contributed to the sharp rejection seen in recent candles.
Although Ethereum recently rebounded above the $2,000 psychological support level amid improving market sentiment and a large purchase of over 50,000 ETH by Bitmine, the confluence of resistance overhead continues to limit upside momentum.
If Ethereum continues to print multiple closes below the value area high, the market may gradually rotate toward the lower boundary of the range. Such movements are common in consolidation environments, where price action shifts between support and resistance until a decisive breakout eventually occurs.
What to expect in the coming price action
As long as Ethereum remains below the $2,200 resistance and continues closing below the value area high, the probability favors a rotational move toward the $1,826 support level.
A reclaim of the resistance zone would invalidate this bearish outlook, but until then, the broader market structure suggests that downside pressure may persist within the current trading range.
Key Takeaways
- AI-related revenue at Broadcom more than doubled during Q1, reaching $8.4 billion thanks to strong sales of custom AI accelerators and networking solutions.
- CEO Hock Tan forecasted that AI chip revenue will surpass $100 billion annually by 2027.
- First quarter adjusted earnings per share reached $2.05, surpassing analyst expectations of $2.03; total revenue of $19.31 billion exceeded projections.
- Management issued Q2 revenue guidance of approximately $22 billion, significantly higher than the Street’s ~$20.5 billion estimate.
- A fresh $10 billion share repurchase program was unveiled, with supply commitments locked through 2028.
Shares of Broadcom advanced approximately 5% during Thursday’s session following robust first-quarter financial results and an optimistic long-term AI growth outlook presented by CEO Hock Tan.
The rally followed Broadcom’s report of adjusted earnings reaching $2.05 per share, narrowly beating the Wall Street consensus of $2.03. Total revenue reached $19.31 billion, marking a 29% increase from the prior year and exceeding analyst expectations of $19.18 billion.
The second-quarter outlook proved particularly impressive. Management projected revenue near $22 billion for the upcoming quarter — substantially above the analyst consensus of $20.5 billion.
Artificial intelligence revenue emerged as the standout metric. The segment more than doubled during the period to reach $8.4 billion, propelled by robust demand for customized AI accelerators and networking hardware.
According to Tan, the customer base has expanded beyond established hyperscale cloud providers. Organizations developing AI agents, automated code generation platforms, and consumer-facing AI applications are increasingly adopting Broadcom’s specialized chip solutions.
The company’s AI semiconductor partnerships include major technology giants such as Alphabet, Meta, OpenAI, and Anthropic.
During the analyst call, Tan expressed confidence that the company has clear “line of sight” to annual AI chip revenue surpassing $100 billion by 2027 — a projection that exceeded even the most bullish Street forecasts.
JPMorgan analysts project the company could generate between $12 billion and $15 billion for each gigawatt of AI infrastructure capacity by 2027. Their revised AI revenue projections “conservatively” reach $120 billion or higher.
Analysts at Goldman Sachs highlighted that Broadcom’s “leadership in AI networking and custom silicon enables the lowest inference cost for its hyperscaler customers.”
Supply Agreements and Profitability
Investor concerns about high-bandwidth memory constraints were prominent heading into earnings. Tan directly addressed these worries, confirming that Broadcom has locked in memory supply and advanced semiconductor wafer capacity extending through 2028.
He also dismissed profitability concerns related to increased AI chip rack shipments. According to Tan, the company has optimized production yields and costs to the point where AI business margins are “fairly consistent” with its broader semiconductor portfolio.
The company is approaching 10 gigawatts of deployed capacity distributed across six major customers — a diversification metric that helped alleviate investor worries about customer concentration.
Capital Returns and Street Sentiment
Complementing the earnings report, Broadcom unveiled a new $10 billion stock repurchase authorization, signaling management confidence in the business trajectory.
Wall Street currently rates the stock as a consensus Strong Buy based on input from 30 analysts — comprising 28 Buy ratings and 2 Hold ratings — with a mean price target of $449.46.
Broadcom’s impressive performance created positive ripple effects across related semiconductor names. Credo Technology shares surged 10% while Amphenol climbed 4%, reflecting investor enthusiasm for copper-based connectivity solutions over optical alternatives in AI server architectures.
Tan indicated that AI chip revenue for the current quarter should reach $10.7 billion, signaling continued growth momentum.
Revolut has applied for a US banking licence to deepen its presence in the market.
Summary
- Fintech firm Revolut has filed an application with the OCC for a US banking charter.
- The licence would grant access to Fedwire and ACH, enabling products such as credit cards and personal loans.
- The $75b-valued company views the US as a strategically critical market for growth.
Revolut, one of Europe’s largest fintechs with a valuation reported around $75b, has applied to the US Office of the Comptroller of the Currency for a banking licence.
If approved, the charter would give the company direct access to core payment rails including Fedwire and ACH, allowing it to offer a broader array of services such as credit cards, personal loans and expanded deposit products. Until now, Revolut has operated in the US via partnerships and a more limited permissions set, which constrained the speed and scope of its product rollout compared with its European footprint.
The application underscores how intensely the firm views the US as a key strategic market, even as competition from incumbents and other neobanks remains fierce. A banking licence would not only improve Revolut’s economics by reducing reliance on third-party intermediaries, it would also give regulators clearer oversight of its balance sheet, risk management and compliance programs. For users, the result could be a tighter integration of fiat, card, savings and crypto functionality—areas where Revolut has sought to differentiate itself by offering exposure to assets like BTC alongside more traditional services.
Fintech, crypto and regulatory convergence
Revolut’s move comes as the boundaries between fintech, traditional banking and crypto services continue to blur. Many digital-first institutions already provide some combination of crypto trading, stablecoin access and on-chain transfers, often in partnership with exchanges such as Coinbase or through their own limited offerings. Securing a full banking licence would position Revolut to more deeply embed these services within a regulated framework, potentially easing concerns for both users and policymakers about the safety and soundness of hybrid platforms.
For US regulators, granting or denying the application will send an important signal about how open the system is to globally active, crypto-friendly fintechs seeking full bank status. The decision will likely take into account not only Revolut’s financial strength and compliance track record, but also broader debates about innovation, competition and consumer protection. As regulatory regimes like MiCA shape expectations in Europe, a US banking licence could help Revolut harmonize its oversight environment across major markets, giving it a stronger base from which to compete with both incumbent banks and emerging digital challengers.
A Coinbase shareholder filed a derivative lawsuit against several of the crypto exchange’s top executives and board members, alleging they failed in oversight of compliance and disclosures, exposing the company to legal and regulatory fallout.
The complaint was filed Tuesday in the US District Court for the District of New Jersey and was brought by shareholder Kevin Meehan on behalf of Coinbase Global. It cites CEO Brian Armstrong, co-founder Fred Ehrsam, and several current and former directors and senior executives, including chief legal officer Paul Grewal and chief financial officer Alesia Haas.
According to the filing, the defendants allegedly made false or misleading statements between April 2021, when Coinbase went public through a direct listing, and June 2023. The plaintiff argues that these oversight failures ultimately exposed Coinbase to regulatory enforcement actions.
In early 2023, Coinbase reached a $100 million settlement with the New York State Department of Financial Services (DFS) over deficiencies in its anti-money laundering (AML) compliance program. In another instance, the company was hit with a $5 million penalty from New Jersey’s Bureau of Securities related to the listing of unregistered securities.
Related: Trump met Coinbase CEO before slamming banks over crypto bill: Report
Shareholder suit seeks damages, insider profit clawbacks
The lawsuit seeks damages on behalf of Coinbase, along with corporate governance reforms and the clawback of compensation and profits allegedly earned by insiders while the company’s compliance issues persisted.
Because the case is structured as a shareholder derivative action, any financial recovery would go to Coinbase rather than directly to shareholders.
The complaint also calls for a jury trial and accuses the defendants of unjust enrichment, abuse of control and breaches of fiduciary duty tied to what it describes as systemic compliance failures.
Cointelegraph reached out to Coinbase for comment, but had not received a response by publication.
Related: Coinbase opens stock and ETF trading to all US users in multi-asset push
Coinbase faces more lawsuits
In January, a Delaware judge allowed a shareholder lawsuit alleging several Coinbase directors conducted insider trading to move forward, despite an internal investigation that cleared the executives. The case claims that insiders, including Armstrong and board member Marc Andreessen, used nonpublic information to avoid more than $1 billion in losses by selling shares around Coinbase’s 2021 direct listing.
In May 2025, Coinbase and two executives also faced a proposed class-action lawsuit from an investor claiming that the company’s stock price dropped after it disclosed a user data breach and allegedly failed to reveal a violation of an agreement with the UK’s Financial Conduct Authority. The lawsuit said the disclosures led to a sharp fall in Coinbase’s share price, causing losses for investors.
Magazine: Bitcoin may take 7 years to upgrade to post-quantum — BIP-360 co-author
The United Arab Emirates’ banking system remains fully operational despite escalating regional conflict between the US, Israel and Iran, the country’s central bank said, as authorities moved to reassure markets following missile and drone attacks on the country this week.
In a statement, Central Bank of the UAE Governor Khaled Mohamed Balama said banks, financial institutions and insurers “continue to operate with full efficiency and stability,” adding that the sector is showing “the highest levels of resilience and stability.”
The statement comes as the UAE’s role as a regional financial center and a growing hub for digital asset companies draws added attention to operational continuity during periods of geopolitical stress.
Central bank cites strong liquidity and capital buffers
Regional tensions escalated after Iranian drone and missile attacks targeted the UAE and neighboring countries last weekend, according to an Associated Press report published on Monday.
Debris from intercepted projectiles reportedly caused fires and damage near several sites in Dubai, including infrastructure around Jebel Ali Port and Dubai International Airport.
Despite these developments, the central bank said the country’s financial sector maintains strong balance sheet indicators.
According to the statement, the UAE banking system’s capital adequacy ratio stands at about 17%, while the liquidity coverage ratio exceeds 146.6%, both above international regulatory thresholds.
Related: Bitcoin first, crypto at scale: Inside the UAE’s layered digital asset strategy
Balama said total assets in the UAE banking and financial sector exceed 5.42 trillion dirhams ($1.48 trillion). The regulator said it continues to coordinate with financial institutions and authorities to monitor developments and ensure operational readiness.
It added that UAE banks implement advanced risk management and business continuity frameworks aligned with international standards.
Crypto companies activate contingency plans
The UAE has emerged as one of the fastest-growing hubs for digital asset firms.
More than 1,800 crypto companies employ over 8,600 people and operate across the UAE, with Dubai’s DMCC free zone alone hosting more than 600 Web3 businesses.
Some digital asset companies operating in the region have also taken precautionary steps amid the geopolitical developments.
On Monday, crypto exchange Bybit began reviewing the safety of its employees in the UAE and activating cross-regional support systems to maintain operations, according to a report from Wu Blockchain.
In an internal letter seen by Cointelegraph, Bitget CEO Gracy Chen told staff that the exchange had activated emergency protocols while monitoring the security situation in the Middle East.
“We have activated emergency protocols and will accompany and support every colleague during this special period,” Chen wrote.
Magazine: Bitdeer sells all Bitcoin, Metaplanet rejects misconduct claims: Asia Express
Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), has invested in crypto exchange OKX at a $25 billion valuation and will take a seat on the company’s board, according to a Thursday announcement.
ICE has invested an undisclosed amount in OKX as part of its push into blockchain technology and tokenized stocks, the announcement said.
OKX will provide ICE with a live price feed of crypto assets listed on its platform. OKX will also provide access to ICE’s US futures and NYSE tokenized equities markets to its customer base of about 120 million accounts. The integration is expected to roll out in the second half of 2026.
Haider Rafique, global managing partner at OKX, said the two companies shared a strong strategic alignment in their vision for tokenization and traditional finance (TradFi).
“There was great chemistry in how we looked at the world and the future of tokenized securities, how derivatives should make it to the global stage, how TradFi [and] digital assets should merge together,” Rafique said.
A new chapter for OKX in the US
OKX CEO Star Xu took to X to say the investment is “not an endpoint” but rather the beginning of a deeper collaboration.
He highlighted the partnership’s impact on the exchange’s approach to the US, noting that the company views its presence in the country as a “blank sheet of paper.”
The move comes nearly a year after OKX reentered the US in April 2025, along with the appointment of former Barclays director Roshan Robert as its US CEO.
The collaboration with ICE is an “opportunity to build thoughtfully, engage constructively with regulators and institutions, and contribute to the development of market infrastructure that meets the standards of the world’s most sophisticated capital markets,” Xu said.
Related: TD Securities sees NYSE tokenization as institutional turning point
ICE’s investment in OKX is the latest move by the company into the crypto industry. In January, ICE said that it was developing its own blockchain-based trading infrastructure for tokenized securities.
In November 2025, the stock exchange announced plans to invest $2 billion into the prediction market platform Polymarket in a deal valuing the startup at $9 billion. One of the world’s largest prediction marketplaces, Polymarket has faced mounting scrutiny for alleged insider trading.
OKX did not respond to Cointelegraph’s request to comment.
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Crypto World
Zilliqa Launches zUSDC via XBridge as Network Takes Full Control of Stablecoin Infrastructure
TLDR:
- Zilliqa launches zUSDC via XBridge, shifting USDC liquidity from third-party bridges to native network infrastructure.
- The zUSDC contract is live at 0xe59f97Fac09ee00AEEF320485ee45D5CcfbBC1E9, supporting DEX pools and stablecoin trading pairs.
- Debridge support on Zilliqa permanently ends March 31, 2026, requiring all legacy USDC holders to act immediately.
- XBridge receives a full UI overhaul as Zilliqa works toward automated, seamless cross-chain token transfer processing.
zUSDC is now live on Zilliqa through the network’s native XBridge system. This change moves USDC liquidity away from third-party bridging toward Zilliqa-operated infrastructure.
The transition is designed to improve long-term reliability and give Zilliqa direct control over stablecoin operations.
Users currently holding USDC on Zilliqa must act before March 31, 2026. After that date, Debridge support on the network will permanently end, affecting all remaining legacy USDC holders.
Zilliqa Transitions USDC Liquidity to Its Own XBridge Infrastructure
zUSDC is a USDC representation bridged to Zilliqa through the network’s own XBridge system. Its contract address is 0xe59f97Fac09ee00AEEF320485ee45D5CcfbBC1E9.
The token supports stablecoin trading, DEX liquidity pool participation, and arbitrage across pairs such as kUSDC and zUSDT. Zilliqa now holds direct operational control over this stablecoin liquidity within its ecosystem.
Previously, USDC liquidity on Zilliqa depended on external bridging infrastructure from third-party operators. Most of that liquidity was concentrated in DEX pools supporting trading and arbitrage activity.
Running external infrastructure under those conditions created an operational dependency. That dependency came without proportional benefit to the broader network, making this transition a practical move for the ecosystem.
The migration followed a phased process. Existing USDC was first bridged back to Ethereum as the starting point. It was then minted as zUSDC under Zilliqa-managed infrastructure and re-bridged through XBridge.
From there, funds were redeployed into ecosystem trading pools, with each phase structured to keep disruption low throughout.
Zilliqa shared the update on its official channel, stating it was “introducing zUSDC via XBridge on Zilliqa” and that the move improves reliability while keeping “stablecoin liquidity flowing across the ecosystem.”
As part of the Phase 3 ecosystem rollout, a zUSDC trading pair also launched on Plunderswap. Additionally, XBridge received a full UI overhaul, with the refreshed interface now available at xbridge.zilliqa.com.
Users Face March 31 Deadline as Debridge Support on Zilliqa Ends
Users holding USDC on Zilliqa must bridge their assets out through Debridge before March 31, 2026. Two options are currently available for doing so.
The Plunderswap bridge widget is accessible at plunderswap.com/bridge, while the StakeZIL bridge is available at stakezil.com. Both remain operational until the sunset date arrives.
After March 31, Debridge will no longer function on Zilliqa. Users who still hold legacy USDC beyond that point will need to reach out to Zilliqa directly for assistance. The team can be contacted at enquiry@zilliqa.com for support with any remaining holdings.
This transition does not remove stablecoin liquidity from the Zilliqa ecosystem. Rather, that liquidity is being moved to infrastructure that Zilliqa directly owns and operates.
The network frames this as a long-term step toward institutional-grade financial rails that the network itself controls.
Alongside the zUSDC launch, Zilliqa is also improving XBridge’s processing efficiency. The team is actively developing automation for bridge transaction processing.
This effort is aimed at making token transfers faster and more seamless across all chains that XBridge supports.
The proposed interpretative application of federal securities laws on digital assets by the SEC reportedly carries more weight than staff-level statements.
Officials at the US Securities and Exchange Commission (SEC) submitted a regulatory proposal to the White House with the potential to change how the government handles enforcement of federal securities laws over cryptocurrencies.
In a Tuesday submission to the White House’s Office of Information and Regulatory Affairs, the SEC sent a “commission interpretation on application of the federal securities laws to certain types of crypto assets and certain transactions involving crypto assets.”
The move reportedly marked interpretative guidance around “token taxonomy” for cryptocurrencies, determining which tokens may be considered securities under the SEC’s purview.
In contrast with rulemaking that requires notice to the public and comment periods, the proposed interpretative application of federal securities laws reportedly carries more weight than staff-level statements. SEC Chair Paul Atkins and Commissioner Hester Peirce said at ETHDenver in February that the agency sought to clarify how tokenized securities fit within existing federal securities laws.
As of Thursday, the proposal was under review by the White House office. Trump administration officials have also held three meetings in 2026 related to passage of the crypto market structure bill moving through the US Senate. The legislation, if passed, is expected to significantly affect how the SEC and Commodity Futures Trading Commission (CFTC) oversee digital assets.
Related: Ex-OpenAI researcher’s hedge fund reveals big Bitcoin miner bets in new SEC filing
Separately, the CFTC on Monday sent its own guidance on prediction markets to the White House. Michael Selig, who chairs the regulator, has claimed that the agency has “exclusive jurisdiction” in overseeing such markets.
SEC and CFTC still lack commissioner appointees
As of Thursday, the SEC is being led by three commissioners and the CFTC by one, in bodies normally consisting of a bipartisan group of five. The commissioners — Selig at the CFTC, and Atkins, Peirce and Mark Uyeda at the SEC — are all Republican members, with no leaders representing Democrats.
US President Donald Trump has not made any public statement signaling that he plans to nominate additional commissioners to either agency.
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Aave price is approaching a key technical resistance level as the community prepares to vote on a potential deployment on Monad.
Summary
- AAVE trades near $118 as price approaches mid-Bollinger Band resistance around $120.
- The Aave DAO vote to deploy the protocol on Monad has strong community backing.
- A breakout above the 20-day moving average could open a move toward $130
Aave (AAVE) traded at $118.23 at press time, up 3.1% in the last 24 hours and close to the upper end of its weekly range between $105.64 and $124.89. The token has gained about 12% over the past week, though it is still 7% lower over the past month and 45% down year-over-year.
Derivatives activity has slowed slightly. Data from CoinGlass shows trading volume fell 28% to $373 million, while open interest sits at $194 million, down 0.09%.
Aave DAO votes to launch on Monad
The price movement comes as a governance vote by the Aave DAO on deploying the protocol to Monad, which approaches approval. With about 21 hours left, more than 873,000 participants have backed the proposal, while no votes have been cast against it.
The proposal, created on Feb. 24, suggests deploying Aave v3 on Monad, a network built for high-throughput DeFi applications. Its architecture processes transactions in parallel and pipelines execution with consensus, allowing faster processing and lower latency while keeping full compatibility with Ethereum tools.
Supporters say this design could help fintech platforms and on-chain neobanks that require fast settlement, predictable costs, and deep liquidity. If deployed, Aave would act as a core lending layer supporting savings products, credit lines, stablecoin liquidity, and treasury management tools for fintech applications.
If the proposal proceeds, a mid-to-late March launch is being considered. In order to support network liquidity, the plan also calls for the purchase of 10 million GHO units and $15 million in ecosystem incentives from the Monad Foundation.
Market sentiment may be affected by the deployment. Increased user activity and liquidity flows are often the outcome of network expansion. If more users adopt Monad, there may be a greater need for Aave’s lending infrastructure, which could boost the token’s value.
Aave price technical analysis
AAVE is trying to stabilize after weeks of selling pressure. The token is now testing the mid-band, which aligns with the 20-day moving average near $118–$120.
Earlier in February, the price dropped toward the $100 support zone, touching the lower Bollinger Band. Buyers stepped in and a rebound followed, pushing the token back to the mid-band. This level now acts as dynamic resistance.
A move toward the upper Bollinger Band near $130 could be initiated by a break above $120, which would indicate increasing momentum. The price may decline and trade between $108 and $110, which is near the lower band, if the level remains as resistance.
Momentum is steadily increasing. When the relative strength index was near 30, the market was about to be oversold, but it has since risen. It is now approaching the neutral 50 level, suggesting that selling pressure has decreased even though significant bullish momentum has not yet emerged.
Volatility is also tightening as the Bollinger Bands narrow. Such compression often comes before a larger price move. If volatility expands upward, the next resistance zone could appear near $130 to $135. A downside expansion may push the token back toward $100 to $105.
For now, price action is at a decision point. A clean break above the 20-day moving average could trigger a stronger recovery. Failure to hold above the level may lead to another pullback toward the $100 support area.
The quantum computing company PsiQuantum is a step closer to its goal of building the world’s first useful quantum computer, breaking ground on the construction of a 1 million-qubit quantum facility, a size that scientists say is powerful enough to crack Bitcoin’s cryptography.
PsiQuantum co-founder Peter Shadbolt shared a photo of its Chicago site in a post to X on Thursday, saying that 500 tons of steel had been erected in six days, which will house the computer.
PsiQuantum said in September that it raised $1 billion to build the facility in collaboration with chip maker Nvidia, designed to house quantum computers capable of functioning even if they have errors.
PsiQuantum added that the facility would house 1 million qubits of quantum computing power, the equivalent of tens of billions of typical computers, with the aim of making quantum computing commercially useful to support “next-generation AI supercomputers.”
Some in the Bitcoin community have warned that the advent of quantum computing could potentially compromise Bitcoin’s cryptography.
Some Bitcoiners have argued that such a compromise could put the network, which currently secures $1.4 trillion, at risk, while others, such as Blockstream CEO Adam Back, have said quantum computers won’t post a real threat to Bitcoin for at least a decade.
Bitcoin developers are currently discussing whether to take immediate action against quantum threats via a hard fork, and if so, what that would entail.
The Bitcoin (BTC) most vulnerable to a quantum attack are unspent transaction output (UTXO) wallets, or coins tied to wallet addresses that have never been spent, many of which date back to when the cryptocurrency was first invented.
The amount of qubits needed to crack Bitcoin keys is debated, but estimates are dropping as quantum research advances.
Related: Vitalik Buterin outlines quantum resistance roadmap for Ethereum
A preprint scientific paper released last month argued that around 100,000 qubits are needed to break 2048-bit keys, while Bitcoin’s encryption uses 256-bit keys.
The largest quantum computer, from the California Institute of Technology, is 6,100 qubits in size.
PsiQuantum has no plans to attack Bitcoin
In July, PsiQuantum co-founder Terry Rudolph said the company has no plans to use quantum computers to derive private keys from public keys.
“We do not have plans,” Rudolph said at the Presidio Bitcoin-hosted Quantum Bitcoin Summit. “You can’t hide this stuff as well; it’s a company of hundreds of people.”
Only 10,000 BTC at legitimate risk: CoinShares
Even if quantum computers can break Bitcoin, research from crypto asset manager CoinShares in February found that only 10,230 Bitcoin is both quantum-vulnerable and sitting in wallet addresses with publicly visible cryptographic keys.
CoinShares said a selloff of 10,230 Bitcoin, equal to $728.2 million at current market prices, would “resemble a routine trade.”
Magazine: Bitcoin may take 7 years to upgrade to post-quantum: BIP-360 co-author
TLDR:
- The SEC roundtable on listed options market structure is scheduled for April 16, 2026, in Washington, D.C.
- Commissioner Hester M. Peirce praised retail investor growth and called for continued options market reflection.
- Public comments referencing File Number 4-887 can be submitted electronically or on paper through one method.
- The roundtable will be live-streamed on SEC.gov, with a full recording made available at a later date.
The SEC roundtable on listed options market structure is set for April 16, 2026, in Washington, D.C. The Securities and Exchange Commission officially announced the event on March 5, 2026.
It will be held at the agency’s headquarters at 100 F Street, N.E. The discussion will also be streamed live on SEC.gov for audiences unable to attend in person.
Core topics include facilitating competition in quote-driven markets, evaluating the customer experience, and identifying growth opportunities in listed options.
What the SEC Roundtable Will Cover
The roundtable is designed to foster open public dialogue on the listed options market structure reform. The SEC aims to examine how competition can be better supported within quote-driven market environments.
Along with that, evaluating the overall customer experience remains a key focus for the discussion.
Commissioner Hester M. Peirce commented publicly on the growth of the U.S.-listed options market. She pointed out that retail investor participation has grown remarkably in recent years.
The roundtable, she noted, will celebrate the market’s achievements while considering areas that may need further reflection.
The SEC posted on X, formerly Twitter, confirming the date and format of the event:
“The SEC is hosting a roundtable on April 16 to discuss listed options market structure. The event will be in-person and live-streamed on SEC.gov. Agenda, panelists, and registration info will be available soon.” — @SECGov
The SEC will release agenda details and speaker information before the roundtable takes place. In-person participation will be open to the public, though space may be limited. All visitors attending in person will be subject to standard security checks at the SEC’s headquarters.
Public Comment Submissions for the Roundtable
Members of the public who wish to share views on the listed options market structure may submit comments. Submissions can be made electronically or on paper, but only through one method at a time. All comments submitted will be entered into the official public record of the roundtable.
The SEC has clarified that personal identifying information will not be removed or edited from any submission. Therefore, submitters are cautioned to include only information they are willing to make publicly available. This applies to both electronic and paper submissions equally.
All submissions must reference File Number 4-887 in the text of the comment. For those submitting via email, the file number should appear in the subject line. The SEC will publish all received comments on its official website without modification.
A recording of the SEC roundtable will be made available on SEC.gov at a later date. This allows those unable to attend or watch the livestream to still access the full discussion.
The agency remains committed to keeping the options market reform conversation open and accessible to all.
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