Trump's quantum computing order may be bullish for Bitcoin, says analyst

An executive order signed by President Donald Trump to accelerate the development of advanced quantum computers and prepare for related security threats could be a positive development for Bitcoin, according to an analysis cited by The Block. Alex Pruden, CEO of quantum resistance firm Project Eleven, explained that while blockchain was not directly mentioned, the move could positively influence the transition to quantum-secure technology. He noted that the executive order applies to federal government systems and contractors but is significant for setting a regulatory direction. For Bitcoin, Pruden stated that the real issue is the specific path to adopting post-quantum cryptography (PQC) signature schemes, highlighting the need to focus on proposals like BIP-360, which aims to introduce a wallet format resistant to quantum computing attacks and enable voluntary migration.