📉 Bitcoin at the peak, but retail interest in free fall
Welcome to the daily newsletter of Friday, May 16, 2025 ☕️
Hello Cointribe! 🚀
Today is Friday, May 16, 2025, and like every day from Tuesday to Saturday, we summarize for you the news of the last 24 hours that you shouldn't miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Partly sunny 🌤️
24h crypto recap! ⏱
🏦 JPMorgan completes a crypto transaction on a public blockchain
JPMorgan carried out its first tokenized transaction on a public blockchain, marking an important milestone in the integration of traditional finance with blockchain technology.
🦊 MetaMask: renewed speculation about a native token
Dan Finlay, co-founder of MetaMask, revived speculation on the launch of a native token by replying "Maybe" to a question on the subject. The project, considered since 2021, remains slowed by regulatory uncertainties and security concerns.
📊 Solana surpasses Ethereum and Bitcoin in daily network revenues
On May 13, 2025, Solana generated nearly 8 million USD in network revenue within 24 hours, surpassing the combined revenue of Ethereum, Bitcoin, and other major blockchains.
🔍 Bitcoin hits new highs, but Google interest declines
Despite a significant increase in Bitcoin's price, Google searches related to the cryptocurrency dropped to an unprecedented level, indicating growing public disinterest.
Crypto of the day: Hyperliquid (HYPE)
Hyperliquid is a decentralized finance (DeFi) platform specialized in perpetual derivatives trading. It is built on its own layer 1 blockchain, Hyperliquid L1, designed to offer high performance and low latency. Thanks to its consensus mechanism HyperBFT, it enables fast and secure transactions with near-instant finality. The platform stands out with its fully on-chain order book, providing greater transparency and efficiency compared to traditional models based on automated market makers (AMM).
The native token HYPE plays a central role in the Hyperliquid ecosystem. It is used for transaction fee payments, participation in protocol governance, and staking. The initial distribution of HYPE was carried out without external funding, with 31% of tokens allocated to a community airdrop, 24% reserved for key contributors, 39% for future emissions and community rewards, and 6% assigned to the Hyper Foundation.
Recent Performance:
Current price: $26.72 USD
24-hour change: +9.5%
Market capitalization: approximately 8.93 billion dollars
Rank on CoinMarketCap: #15
Bitcoin facing the quantum era: should we worry? BlackRock's discreet warning
The debate is no longer purely theoretical. For the first time, BlackRock—via its iShares Bitcoin Trust (IBIT) ETF—explicitly includes a risk often sidelined in crypto discussions: the potential threat of quantum computing.
While Bitcoin continues to establish itself as a strategic asset in institutional portfolios, is the protocol ready to withstand the shock of a major technological shift?
A known but still hypothetical structural flaw
The threat is well identified. Tomorrow's quantum computers—capable of executing certain algorithms at exponential speeds—could eventually break the cryptographic schemes on which Bitcoin wallet signatures rely. Simply put, the day these machines become operational, they could derive a private key from its public key—something currently unthinkable with classical computing capabilities.
BlackRock, in its amended May 9, 2025 report, acknowledges this risk and documents it within the regulatory framework of its ETF. This is not an alarmist announcement but a strategic positioning: an institutional recognition that Bitcoin, no matter how robust it is today, is not immune to upcoming scientific breakthroughs.
The challenge: anticipate without panic
The Bitcoin network is not defenseless. The open-source community has been working for several years on so-called "post-quantum" solutions: new cryptographic schemes, signatures resistant to quantum attacks, or even gradual protocol transitions. The challenge? Such an evolution will likely require broad consensus, potentially a hard fork, and especially time—a resource still available.
Most experts estimate that quantum machines capable of breaking current encryption will not be realized for at least a decade. This leaves a realistic adaptation window. But BlackRock's warning subtly reminds us: inertia is not an option. Because even if the risk remains distant, anticipation is a duty, especially in an ecosystem as reliant on cryptographic trust as Bitcoin.
_ Bitcoin's future resilience will depend less on the speed of quantum innovation than on its community's ability to evolve its foundations without betraying its DNA._
