Coinbase Council Warns 7 Million BTC May Face Quantum Risk

TL;DR Coinbase’s Quantum Advisory Council says post-quantum migration planning should begin before quantum attacks become practical. The report estimates about 7 million BTC are quantum-vulnerable because public keys are exposed through legacy formats or address reuse. About 1.7 million BTC are said to sit in legacy Pay-to-Public-Key addresses, including early mined and potentially abandoned coins. The council frames the issue as a long-term governance challenge, not an immediate emergency. Coinbase’s Quantum Advisory Council has warned that Bitcoin and other crypto networks need to begin planning for post-quantum migration well before…

Bitcoin cycle data points to $40K-$46K bottom, Galaxy says

Bitcoin may not have formed its cycle bottom yet, according to a new Galaxy Research report that uses market and onchain data to map possible downside zones. Summary Galaxy says Bitcoin’s four-year cycle remains active, but each cycle is showing smaller price swings. The report places Bitcoin’s base-case bottom between $40,000 and $46,000 using onchain cycle data. Only four of 13 bottom indicators have triggered, suggesting Bitcoin may need more time. Galaxy Head of Firmwide Research Alex Thorn said Bitcoin’s four-year cycle still appears active, even as the size of…

Polish President Vetoes Crypto Bill for Third Time ahead of MiCA Deadline

Polish President Karol Nawrocki vetoed a cryptocurrency regulatory bill for the third time, which sought to implement Europe’s Markets in Crypto Assets Regulation (MiCA) in the country. Nawrocki said Thursday he supports regulating the cryptocurrency market but argued that the government incorporated only one of 16 key amendments proposed by his office. He said that the text was nearly identical to the previous two drafts he refused. The third veto of the bill delays Poland’s alignment with the EU-wide regulatory framework just weeks before the end of MiCA’s transitional period…

Kucoin Has Not Paid $2M Award Tied to Delisted Token Dispute, Investor Says

A Swiss investor said KuCoin has yet to pay a Seychelles Supreme Court award of more than $2 million after the exchange declared his tokens “abandoned.” In a Dec. 11, 2025, ruling, the Supreme Court of Seychelles declared that Didier Rabl is the “sole proprietor and owner” of approximately 21 million CoinPoker (CHP) tokens previously held for him on KuCoin. The court also ordered three Seychelles-incorporated KuCoin entities to pay him over 2 million USDt (USDT) plus $10,000 in moral damages, according to documents reviewed by Cointelegraph. The ruling could…

Will it Bull XRP Price Prediction?

Latest XRP Price Prediction: Ripple (XRP) has clawed backposition, trading near $1.14 after bouncing sharply from an intraday low of $1.10, and the catalyst driving that recovery is institutional, not retail. SBI Holdings has outlined plans for Japan’s first dual Bitcoin–XRP ETF targeting the Tokyo Stock Exchange, with filings lodged in 2025 now reportedly entering what analysts describe as a “late-stage” regulatory phase at the Financial Services Agency (FSA). No approval date has been confirmed. According to Finance Magnates and Yahoo Finance, SBI’s product lineup includes both a Bitcoin–XRP blended…

Metaplanet Strikes Deal for Siiibo Securities to Build Bitcoin Yield Products

Metaplanet announced on Friday that it has agreed to acquire Siiibo Securities in a 2.1 billion yen ($13.1 million) deal to form a securities arm. The Tokyo-listed Bitcoin (BTC) treasury company said it entered into a share transfer agreement to acquire 100% of the Japanese securities company, a licensed financial instruments business operator. After closing, expected in July, Siiibo Securities will become a wholly owned subsidiary and be renamed Metaplanet Securities. Metaplanet CEO Simon Gerovich said the acquisition is the first step in Project Nova, the company’s strategy to build…

3 Reasons For 1st Bitcoin Sale Since 2022

Bitcoin News Today: Strategy CEO Phong Le appeared on CNBC’s Power Lunch on June 10, 2026, and named three explicit reasons the company sold 32 BTC between May 26 and May 31, its first Bitcoin sale since a 2022 tax-lot transaction and only the second in corporate history. That 32 BTC disposal, executed at an average of approximately $77,135 per coin for gross proceeds of roughly $2.5 million, sits against a balance sheet carrying 818,334 BTC at a total cost basis of approximately $61.81 billion. The analytical question is no…

SpaceX Tokenized IPO Campaign Draws $557M on Binance Ahead of Debut

Binance’s SpaceX tokenized IPO campaign attracted over $557 million in USDC deposits from about 27,689 wallet addresses ahead of the company’s highly anticipated public listing. Wallets contributing up to $20,000 accounted for more than 81% of participating addresses but only 18.39% of total funds, while 114 addresses contributed over $500,000 each, representing about 10.2% of the funds, according to Dune data. The deposits point to strong demand for crypto-based pre-IPO exposure ahead of SpaceX’s Nasdaq debut on Friday, with the company seeking to raise $75 billion at $135 a share…

Bitcoin at $63,400 as Iran Says Strait of Hormuz Remains Closed Despite Trump’s ‘Great Deal’ Claim

Key Takeaways Iran kept the Strait of Hormuz shut on June 11 even as Trump claimed a U.S.-Iran deal was reached. The waterway carries about 20% of global energy; its closure has pushed oil and inflation higher. Bitcoin traded near $63,400 on June 11, recovering from a $60,914 low as de-escalation hopes rose. Conflicting Claims Trump said during a tele-rally that the U.S. had “made a great deal” with Iran, but Tehran did not confirm any agreement. The mixed signals captured a tense, fast-moving standoff with public broadcaster NPR reporting…

Bitcoin price rebounds as Iran deal hopes cool market panic

Bitcoin returned to positive territory on June 12 as risk appetite improved after signs of possible U.S.-Iran de-escalation. Summary Bitcoin rebounded near $63,430 as Iran de-escalation helped reverse this week’s risk-off crypto pressure. Glassnode data showed options fear eased after one-week implied volatility briefly jumped toward 65%. Spot Bitcoin ETFs saw $19.03 million in outflows, extending redemptions for five straight sessions. Bitcoin traded near $63,700 on June 12, up about 1% over 24 hours, according to crypto.news market data. The asset also gained 1.66% over seven days, showing a recovery…