Bitcoin Could Fall to $10,000 If Stocks Drop 20%, Bloomberg Analyst Warns
Bloomberg analyst Mike McGlone warns Bitcoin could drop to $10,000 if US stocks fall 20%, but critics point to on-chain data.
Claude traced the NSA's elliptic curve numbers to a 1990s program, easing backdoor fears while reviving debate over Satoshi's curve pick.
For 25 years, a suspicion has lingered over the mathematics protecting much of the internet: had the NSA secretly engineered a way to crack it? Now an AI model may have weakened that theory, and Bitcoin's creator is suddenly caught up in the debate.
Anthropic revealed Friday that its Claude AI model had cracked a puzzle that had perplexed cryptographers for decades, finishing in under 30 minutes.
The controversy involved elliptic curves, mathematical rules that authenticate digital signatures while keeping private keys secret.
In 2000, US standards body NIST adopted multiple curves whose starting numbers originated from the NSA.
Nobody explained the origin of those numbers. Researchers suspected the agency might have chosen them deliberately to implant a hidden vulnerability, or backdoor.
CLAUDE FOUND THE SEEDShttps://t.co/m8N6OPQoCQ
— Steve Weis (@sweis) October 16, 2026
Claude traced five sets of numbers to an ordinary software program that created random-looking values using clock times from 1997 and 1998.
Anyone can now replicate the output.
“In fact, this makes us more confident the curves were chosen without any backdoors or intentional weaknesses,” Anthropic said.
A $36,864 bounty accompanied the result, with the funds headed to charity.
Nevertheless, questions persist about why certain numbers were omitted. The discovery reduces the likelihood of deliberate manipulation, though it cannot fully rule it out.
Bitcoin relies on a different curve, secp256k1, whose design uses simple, publicly understood values, offering little room to hide questionable selections.
Satoshi Nakamoto never offered a public explanation for that choice.
In the wake of Edward Snowden's 2013 leaks, which detailed NSA efforts to weaken a separate encryption standard, Bitcoin's approach gained trust.
Ledger co-founder Nicolas Bacca responded with “checkmate Satoshi,” arguing that the industry had avoided NSA curves for a more complex alternative.
Yes but we lost so much time to end up on a more complex curve … which was the joke
— Nicolas Bacca (@BTChip) October 16, 2026
Blockstream CEO Adam Back hit back, holding the NSA responsible for failing to disclose its choices.
For bitcoin holders, the practical answer is straightforward: nothing has changed.
Claude found no flaw in Bitcoin. Its underlying cryptography remains resistant to known practical attacks.
That's NSA fault for not revealing through reproducible steps to generate their NIST published curves.
— Adam Back (@adam3us) October 17, 2026
The larger long-term concern stays quantum computing, which could eventually jeopardize both Bitcoin and traditional crypto systems.
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