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LSE:CRST 2 February 2026

UK stock market today: FTSE 100 steadies as miners tumble in metals rout, BoE looms

UK stock market today: FTSE 100 steadies as miners tumble in metals rout, BoE looms

FTSE 100 edged up 0.1% by late morning as defensive shares offset sharp losses in mining stocks. Commodity prices tumbled after President Trump nominated Kevin Warsh as Fed chair, with gold down 5% and silver over 7%. FTSE 250 fell 0.4%, led by declines in Auction Technology Group and Ocado. UK manufacturing PMI rose to 51.8 in January, signaling growth.

Stock Market Today

  • Quantum Computing Poses Threat to Satoshi's Bitcoin Wallets, Sparks Debate Over Freezing Coins
    April 7, 2026, 12:36 AM EDT. A Google report warns that by 2029, quantum computing could unlock Bitcoin wallets linked to creator Satoshi Nakamoto, exposing around $75 billion worth, about 5% of Bitcoin's total supply. Experts like JP Richardson and Pete Rizzo discuss a controversial blockchain upgrade, BIP360, that could freeze these coins to prevent quantum attacks. The move aims to protect Bitcoin's valuation but clashes with principles of decentralization and self-sovereignty. While a forced upgrade lacks broad consensus, voluntary quantum-resistant updates are in development. The threat remains real, though 2029 may be an early estimate.
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