In brief France will stop certifying security products that lack quantum-safe encryption beginning in 2027. Officials cited concerns that future quantum computers could decrypt encrypted data stolen today. The move comes as crypto developers and wallet providers prepare for potential quantum threats to Bitcoin and other blockchains. France is preparing to phase out security products…
Despite some wild volatility in March, it’s turned out to be another phenomenal year for investors on Wall Street. Earlier this month, the time-tested Dow Jones Industrial Average (^DJI +0.14%), benchmark S&P 500 (^GSPC +1.08%), and tech-driven Nasdaq Composite (^IXIC +1.91%) all soared to fresh all-time highs. Catalysts have been plentiful and include (but aren’t…
Bitcoin (BTC) has fallen roughly 50% since Michael Saylor’s Strategy launched Stretch (STRC), its flagship Bitcoin-funding vehicle, in late July 2025. BTC/USD monthly chart. Source: TradingView Key takeaways: STRC is acting like a classic Ponzi scheme, argue Peter Schiff and other critics. Other analysts disagree, noting that STRC’s drop below the $100 par is due…
Zodia Markets, the crypto subsidiary majority-owned by Standard Chartered, processed $3.4 billion in transactions involving Turkish lira stablecoins in 2025, enough to make the lira its second-most-used stablecoin currency behind the dollar, ahead of the euro and every other G10 currency. Dollar-pegged tokens, led by Tether and Circle’s USDC, still dwarfed everything at $110.5 billion, but euro-pegged stablecoins…
In brief Bitcoin traded near $64,100 Thursday morning, down about 1% on the day but up roughly 2% over the past week, after the Federal Reserve’s first meeting under new Chair Kevin Warsh. Warsh’s hawkish signals, which included lifting the Fed’s year-end rate projection and reviving July hike bets, cooled a relief rally tied to…
A Japanese corporate pension fund serving about 1,200 small and medium-sized businesses plans to allocate roughly 1% of its assets to cryptocurrency during fiscal 2026. According to Nikkei, the Nationwide Business Corporate Pension Fund, based in Okayama, will invest in a passive fund managed by a major hedge fund that holds multiple crypto assets. The…
Morgan Stanley filed amended registration statements for proposed Ethereum and Solana ETF trusts on June 18, setting a 0.14% annual delegated sponsor fee on both products. Bloomberg senior ETF analyst Eric Balchunas described the proposed fee as the lowest among ETH and SOL products worldwide. The ETH trust, expected to trade on NYSE Arca under…
In brief CME Group, the world’s largest futures exchange operator, plans to sue the CFTC over its approval of crypto perpetual futures, outgoing CEO Terry Duffy told CNBC. Duffy argued that perpetual futures are legally swaps under the Dodd-Frank Act, not futures, and said the suit would be filed Thursday. The CFTC cleared Kalshi and…
Key Takeaways Microsoft Defender flagged a new USB malware that exposes bitcoin transactions to theft. The script steals 12 or 24-word seed phrases, threatening tron and monero wallet security. Microsoft next urges users to block shortcuts to stop the malware from spreading trough removable drives. Microsoft Alerts About Windows Malware That Changes Cryptocurrency Addresses The…
Goldman Sachs lowered its year-end gold forecast by $500 an ounce, citing expectations that the US Federal Reserve won’t cut interest rates this year. The revised target places gold at $4,900, down from earlier estimates of $5,400. It comes on the assumption that the next Fed cuts could be pushed to March 2027 and December…
