U.S. President Donald Trump signed two executive orders to advance quantum computing and prepare critical national systems for quantum-enabled cyber threats. The White House said the measures aim to strengthen America's role in the emerging technology.
Quantum Threat Looms Over Crypto Security
Current quantum computers still cannot break blockchain encryption, but officials stress proactive preparation. The orders push forward post-quantum cryptography standards, a field critical for financial infrastructure and digital assets. Post-quantum cryptography refers to encryption methods designed to remain secure even against future powerful quantum machines.
$10B Bitcoin Options Expire Today on Deribit
Markets brace for one of the year's largest settlement events: $10 billion in Bitcoin options expiring on Deribit on June 26, 2026. The expiry is expected to amplify short-term volatility. Despite this, 21Shares reaffirms its $100,000 year-end Bitcoin target, arguing that the current 50% pullback from record highs fits typical post-halving cycles.
Middle East Stablecoin Push and Exchange Scrutiny
Bahrain-based Infinios partnered with Circle to expand USDC stablecoin payments across the Middle East. Conversely, CoinEx faces an investigation after reports that Iran-linked entities moved billions in crypto through the platform, raising compliance concerns.
Strategy's Balance Sheet Under Pressure
CryptoQuant warned that MicroStrategy (now Strategy), led by CEO Michael Saylor, may need to moderate Bitcoin purchases as rising dividend obligations and shrinking cash reserves tighten financial flexibility.
Asia Markets: Korea Crypto Transfers Surge, KOSPI Crashes
South Korea's overseas crypto transfer volume surged 380% in three years, surpassing traditional bank channels. Meanwhile, a tech stock selloff sent the KOSPI index down more than 10% in a single day, triggering circuit breakers and fueling regional fragility fears.
Other Highlights
The Bank of England proposed easing stablecoin regulations; the Bank of Japan monitors AI-driven growth alongside rising energy costs; Animoca Brands invested in AllScale for stablecoin and AI trading tools. Unicorn token gained after a community-led migration to Solana, while MemeCore lost over 64% this week.