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In the past three weeks, SOL's price has rebounded strongly from a low of $120 to a high of $185 on July 21. This represents a robust recovery of over 50%, surpassing the rebound seen in BTC, ETH, and most other high-cap altcoins, becoming a strength eco-project worth focusing on.
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Flash
- 04:01Blockstream Co-founder: Quantum computing will enhance Bitcoin signatures, making its network strongerBlockstream co-founder and CEO, inventor of Hashcash, and renowned cryptographer Adam Back stated that quantum computing could potentially make the Bitcoin network stronger. Industry insiders have previously expressed concerns that due to advancements in quantum physics, quantum computing can execute computational processes at unprecedented speeds, which may disrupt encryption algorithms in the future. Back posted on X stating: "Post-quantum (PQ) will take at least several decades," which is why hash-based PQ schemes are never feasible: "PQ signature research will eventually produce conservative, thoroughly reviewed, more compact signatures. Bitcoin can consider these schemes as another option."
- 03:59HSBC Bank: Still expects the Federal Reserve to cut interest rates by 75 basis points in 2025HSBC Bank stated that it still expects the Federal Reserve to cut interest rates by 75 basis points in 2025.
- 03:58The Ethereum ETF had a net inflow of 62.73 million US dollars last weekAccording to SoSoValue data, last week's trading days (Eastern Time December 16th to December 20th) saw a net inflow of $62.73 million into Ethereum spot ETFs. Among them, Grayscale's Ethereum Trust ETFETHE had a weekly net outflow of $99.83 million, with the current historical net outflow for ETHE standing at $3.62 billion.