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AI cuts qubit requirement to crack Bitcoin, Ethereum to 10,000

Cointelegraph · 3h ago
YES 38% ▲3¢ since publish
Dec 31 Updated 1min ago

AI breakthroughs cut the qubit requirement to crack Bitcoin and Ethereum from 100,000 to 10,000. Bitcoin hitting $100,000 by 2026 is at 34.5% YES, down from 36% yesterday.

The findings have pushed caution into Bitcoin’s price targets. The immediate crypto infrastructure remains secure, but the quantum threat is no longer theoretical. The market for Bitcoin reaching $150,000 sits at 9.5% YES. Investors have started recalibrating expectations based on the potential quantum threat.

Trader sentiment shifted cautiously, with the $100,000 market seeing a slight decline. The largest move was a 1-point spike at 2:15 AM. The $150,000 market stayed relatively stable over the past week.

USDC volume is at $2,613/day for the $100,000 market. Order book depth suggests it takes $2,908 to move the price 5 percentage points, meaning a single institutional-sized trade could meaningfully shift odds.

At 34.5%, a YES share pays $1 if Bitcoin reaches $100,000 by 2026, a 2.9x return. The quantum threat warrants attention, particularly as U.S.-China tech competition heats up.

Watch for announcements from Google or IBM on quantum advancements, and any SEC regulatory guidance that might affect crypto market stability. Either could move these markets.

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Term Structure
Contract Odds Δ since publish Volume 24h
$100,000 37.5% +3¢ $5K Trade →
$150,000 9.5% 0.0¢ $4K Trade →
Updated 1min ago