In recent crypto news, Eric Trump stated at the Bitcoin Asia 2025 conference that Bitcoin (BTC) will reach $1 million in the coming years, highlighting increased interest from institutional investors and nation-states. Meanwhile, an Indian court has sentenced 14 individuals, including 11 police officials, for the 2018 kidnapping of businessman Shailesh Bhatt in a Bitcoin extortion case. The court found the defendants guilty of various charges, including criminal conspiracy and corruption. In addition, El Salvador announced the redistribution of its Bitcoin reserves, splitting over 6,200 BTC into 14 new wallet addresses to mitigate risks associated with potential quantum computing threats. The Bitcoin Office emphasized that this strategy reduces the vulnerability of their holdings to future technological advancements. These developments underscore the ongoing complexities and dynamics within the cryptocurrency landscape.

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