Bitcoin’s mainstream adoption is picking up fast. It’s not only large institutions such as Tesla, Square, and MicroStrategy that are scooping up the asset at every downswing, but even the San Francisco Sheriff’s Department seems to be interested in the world’s largest cryptocurrency by market cap.

The San Francisco Deputy Sheriffs’ Association (SFDSA), a non-profit organization dedicated to the support of law enforcement families and communities, announced over the weekend that it had added Bitcoin to its “all-weather” investment portfolio.source

“I have not sold any of my Bitcoin.”
No, you do not. I have not sold any of my Bitcoin. Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet.

— Elon Musk (@elonmusk) April 26, 2021
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Which wallet is more suitable among the above three favourite cryptocurrencies wallets? Please comment your opinion and why you are choosing one?

Quantum computing has long been regarded as Bitcoin (BTC)’s ‘bogeyman.’ The popular fear is that, as secure as Bitcoin and other proof-of-work cryptoassets are in terms of standard cryptography, quantum computers could provide additional means of breaking them.

One other popular assumption is that, because they don’t use PoW, proof-of-stake cryptoassets such as Cardano (ADA), Polkadot (DOT), and Tron (TRX) (and eventually, Ethereum (ETH)) aren’t as vulnerable to quantum computing attacks as networks like Bitcoin, Bitcoin Cash (BCH) and Litecoin (LTC). However, according to a variety of computer scientists and crypto experts, it’s not the consensus mechanism of a coin which creates the biggest risk in terms of quantum computers, but rather the signature system.source

We are in an unprecedented period of social, political and economic turmoil. As the decentralized financial infrastructure powering billions of dollars of value and building thousands of companies grows, we need to recognize instability around us. The systems, protocols and incentives we create now can be less susceptible to censorship, government overreach and misinformation.

Ethereum 2.0’s design has a number of attractive attributes that make it exceptionally well-positioned to reliably operate through the choppy waters ahead as a neutral infrastructure, not as a biased platform. Individuals, enterprises and governments can be confident that Ethereum 2.0 will continue functioning in the instance of individual or state-actor level attacks. It is a solid foundation on which to build economic and financial infrastructure.source

Bitcoin’s (BTC) price has declined over the past day or so, falling from highs above $60,000 to below $50,000. That, however, does not necessarily mean the asset’s bull run is over, according to a well-known crypto analyst, PlanB.

“Nothing goes up in a straight line,” PlanB said in a Tweet on Friday.

“#Bitcoin has gone up 6 months in a row, until this month. This looks like the mid-way dip that we also saw in 2013 and 2017.”
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Bitcoin (BTC) is expected to dip as low as $32,501 in the short term based on technical indicators.  On April 23, the BTC/USD trading pairs hit the lowest of lows, last seen since early March.

With the cryptocurrency going below even $50,000, bearish signs have begun to surface.

Popular trading analysts, Peter Brandt has shared on his social media that has scheduled his next bitcoin buy order at just $32,501.

Brandt is well known in the crypto community for correctly predicting various BTC market cycles in recent years.source

He has shared a link to The Wall Street Journal article about Biden’s proposal to raise capital gains tax to 39 percent and, as Brandt points out, in some states even as high as 55 percent.

At the moment, the capital gains tax collects 20 percent from these profits maximum, while the top rate for wages or business profits is 37 percent.

If Biden’s proposal is approved, high-income families will see their investment planning upended and it business owners will likely have little to pass on to their children.source