
Shares of BTQ Technologies Corp. (NASDAQ:BTQ) are rising Thursday after the company announced that it reached a significant technological milestone.
- BTQ shares are climbing with conviction. Get the complete analysis here.
What To Know: BTQ Technologies announced the first successful demonstration of a quantum-resistant Bitcoin (CRYPTO: BTC) implementation using National Institute of Standards and Technology (NIST)-standardized post-quantum cryptography.
The advancement signifies improved security for cryptocurrency. The measures will guard against future quantum decryption, which threatens all historical transaction privacy.
BTQ Technologies’ full roadmap for implementation includes a testnet and security audit in the fourth quarter of 2025, enterprise pilots the first quarter of 2026, mainnet with migration tools the second quarter of 2026, followed by integration with exchanges and wallets supported by the BTQ Foundation to coordinate standards and industry migration.
“The quantum threat to Bitcoin is an existential risk to the entire $2.4 trillion Bitcoin economy,” said Olivier Roussy Newton, CEO of BTQ Technologies. “Once quantum computers can break ECDSA signatures, every single transaction becomes vulnerable to interception and theft. While the developer community debates response strategies, we’ve built and demonstrated a working, NIST-compliant solution that can protect Bitcoin’s full market value today.”
BTQ Analysis: The Relative Strength Index (RSI) for BTQ Technologies currently stands at 66.07, signaling a neutral position that suggests the stock is not yet overbought despite its recent surge. This could imply that there is still room for further gains if buying pressure continues. However, traders should remain cautious as the stock approaches its 52-week high of $16.00, which may act as a psychological resistance level.
As BTQ Technologies continues to attract attention, it is positioned among mid-sized players in the tech sector, which could enhance its visibility and appeal to investors. The current setup suggests that if the stock can maintain its momentum and break through the resistance at $16.00, it may open the door for further upside potential, making it an intriguing prospect for traders looking for growth opportunities.
BTQ Price Action: BTQ shares were up 14.18% at $12.30 at the time of publication on Thursday. The stock is trading within its 52-week range of $4.94 to $16.00, reflecting a strong upward momentum that has propelled it to a year-to-date increase of 138.1%.
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