Bitcoin Faces Quantum Threat, Analyst Warns of Systemic Vulnerabilities

Alex Thorn, head of research at Galaxy Digital, has warned that quantum computing poses a major threat to Bitcoin and other cryptocurrencies by exposing vulnerabilities inherent in public key cryptography. According to Thorn, the current options available to mitigate this risk for Bitcoin are far less effective than widely believed, and the threat extends to all cryptocurrencies. In addition to the quantum threat, other separate headlines mention that XRP could see its biggest breakthrough in 2025, Shiba Inu’s bull run may be canceled, and Ethereum might surge toward $2,000. The underlying message of the report remains a cautionary note over the industry’s readiness to handle quantum computing challenges, with potential implications for security and national safety if an attack were to occur unexpectedly.