Trump just signed two executive orders on quantum computing, and if you’re in crypto, this one’s worth paying attention to. Quantum computers powerful enough to break blockchain encryption aren’t here yet, but governments are clearly not waiting around. The US is moving early, and the industry probably should too.
Markets had their own drama this week. Bitcoin traders are bracing for a $10 billion options expiry on Deribit happening today, and the mood is tense. Meanwhile, 21Shares is still sticking to its $100K year-end target, calling the pullback nothing more than typical post-halving noise. Whether that’s bold conviction or wishful thinking depends on who you ask.
Over in the Middle East, Bahrain-based fintech Infinios signed a strategic agreement with Circle to push stablecoin payments further into the region, while CoinEx got dragged into some uncomfortable headlines after a report tied the exchange to billions in Iran-linked crypto transfers. CryptoQuant also sent a quiet warning to Strategy, suggesting Saylor might want to ease off the Bitcoin buying while cash reserves are looking thin.
On the brighter side, South Korea’s crypto remittance market has surged 380% in three years, quietly eating the lunch of traditional banks.
Busy week. Let’s get into it.
Lead Story of the Week:
Trump Signs Executive Order to Advance Quantum Computing and Post-Quantum Cryptography (Read More)
U.S. President Donald Trump has signed two executive orders to strengthen the country’s position in quantum computing and prepare critical systems for future quantum-powered cyber threats. The orders are expected to have long-term implications for the cryptocurrency industry, where concerns have been growing over how advanced quantum computers could eventually challenge the cryptographic systems securing blockchain networks. (Read What Happened)
Market Highlights
- Bitcoin Faces $10 Billion Options Expiry as Traders Prepare for More Market Pressure
Bitcoin is heading into one of its biggest options expiries of the year, with about $10 billion worth of contracts set to expire on Deribit on June 26 2026. (Read More)
- 21Shares Sees Bitcoin Reaching $100K by Year-End Despite 50% Drop From Peak
21Shares has maintained its year-end Bitcoin price target of $100,000, arguing that the current market correction remains consistent with previous post-halving cycles despite a sharp decline from last year’s record highs. (Read More)
- CoinEx Faces Scrutiny After Report Links Exchange to Iran-Related Crypto Flows
A new report has placed cryptocurrency exchange CoinEx under the spotlight after alleging that Iran-linked entities moved billions of dollars through the platform over the past several years. (Read More)
- CryptoQuant Urges Strategy to Slow Bitcoin Buying as Cash Reserves Shrink
CryptoQuant has cautioned that Michael Saylor’s Strategy may need to slow its aggressive Bitcoin acquisition strategy as mounting dividend obligations and declining cash reserves put pressure on the company’s financial position. (Read More)
- South Korea Crypto Remittances Surge 380% as Stocks Slide in Sharp Tech Selloff
South Korea crypto remittances jump 380% in three years, surpassing banks as overseas money transfers and financial markets face growing pressure, with stocks dropping more than 10% in a sharp tech-led selloff that has raised concerns about wider market weakness across Asia. (Read More)
Latest News For You
The Bank of England has proposed to relax stablecoin rules, easing reserve and issuance limits in the final framework to support innovation while managing financial stability risks.
AI News Highlights
- Bank of Japan Says AI Demand Is Helping Offset Rising Oil Costs (Read More)
The Bank of Japan is closely monitoring AI-driven economic growth as it weighs its benefits against rising energy costs and inflation.
- Animoca Brands Backs AllScale to Grow Stablecoin Payments and AI Commerce (Read More)
Animoca Brands has invested in AllScale to expand stablecoin payments, supporting faster global transactions and the growth of AI-powered commerce.
Market Movers
Top Gainers 📈
- Unicorn (UWU) +244.22%
Unicorn (UWU) surged this week as renewed interest followed its community-led migration to Solana, with its retro-themed ecosystem and distribution campaign across more than 600 crypto communities driving momentum.
Top Losers 📉
- MemeCore (M) −64.53%
MemeCore (M) plunged over 64% this week due to a violent sell-off triggered by severe supply centralization and unconfirmed allegations of market manipulation by insiders.
Source: CoinGecko
Project Spotlight
INFINIOS Partners With Circle to Expand Payments Across the Middle East
Bahrain-based fintech company INFINIOS has entered a partnership with Circle to grow digital payment and treasury services across the Middle East and other international markets.
Disclaimer: This roundup is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence.
Enjoyed this? Bookmark DeFi Planet, explore related topics, and follow us on Twitter, LinkedIn, Facebook, Instagram, Threads, and CoinMarketCap Community for seamless access to high-quality industry insights.
