Michael Saylor minimizes Bitcoin’s quantum threat


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Welcome to Asia Morning Briefing, a daily summary of the main stories during the US hours and an overview of the movements and market analysis. To obtain a detailed description of the US markets, see Cryptokook from Coindesk America.

Blackrock calls quantum computers, with their ability to overcome classical binary computers and break traditional encryption, a threat to cryptography.

Then, surely, BTC price would be worth this, since the threat of computers that can soon break the encryption that allows Bitcoin’s scarcity is existential.

But in a recent appearance of CNBC, Michael Saylor by Strategy minimized Quantum’s threat to BTC, arguing that the Bitcoin protocol would implement a software update, just like any other technological company, when the threat becomes imminent.

“It is mainly marketing of people who want to sell the next quantum yoyo token,” Saylor said in CNBC. “Google and Microsoft will not sell a computer that decipher modern cryptography because it would destroy Google and Microsoft, and the United States government and the banking system.”

There are already a number of proposals on how to ensure work tests against quantum threat, even BTQ, a startup building quantum cryptographic hardware. A Bitcoin developer has presented a draft of the Bitcoin improvement protocol that proposes a hard fork that would move everyone’s wallets to quantum security addresses.

“Bitcoin is a protocol; the software is updated every year,” Saylor concluded, arguing that the biggest security threat for Bitcoin is phishing.

However, Saylor’s opinion is not universal. A recent Presto Research report argued that the cryptographic industry is not “without preparation” for the next quantum threat.

With BTC above $ 100K and the market preparing to challenge another maximum of all time, merchants simply do not seem to worry.

(Cindenesk)

As CRCL has a great success, the true size of the Stablecoins market remains a mystery.

Circle recently had an successful initial public offer, and is scheduled to open the Week of the United States merchandise on Monday in more than $ 107, an impressive recovery about its opening price of $ 69.

The number of stablecoins in circulation, market capitalization of the asset category, is a well -known fact. The broadcast can be seen in the chain after all, and that number reaches $ 254 billion, according to Coingcko data.

But discovering the volume of stablcoins used in payments is a bit more complicated.

In a recent thread about X, Nic Carter, Castle Island Ventures partner and the Co -Register of the Blockchain Coinmetrics data aggregator, analyzed the available data and discovered that there is a great discrepancy in the numbers.

Estimation of the genuine participation of stablecoin transactions driven by payments instead of trade is complicated due to challenges such as Bot Mev interference, transactions duplicated in the chain and spam activity designed exclusively to inflate the metrics.

Recent analysis illustrate this uncertainty clearly. A heuristic from top to bottom of Visa and Allium estimates the volumes of stablecoin transactions to approximately $ 9 billion per year from May 2025. However, this figure widely covers the trade, the activity of the defi and the settlements, not the payments purely.

On the contrary, analyzes from the bottom upward offer narrower but clearer ideas. Fireblocks, an important custody supplier, reported annual verified stablecoin payments of around $ 232 billion, compared to a negotiation volume of $ 2.12 significantly higher in negotiation volumes between its customers, which suggests that genuine payment transactions represent approximately 10% of their total scocceous activity.

Similarly, a joint study carried out by Artemis and Dragonfly directly showed 20 payment providers focused on Stablecoin.

Calculated a conservative annualized payment volume of approximately $ 72.3 billion, recognizing this as a probable lower content given limited sampling.

Compared to that $ 72.3 billion figure at the upper end, Carter writes, is $ 232 billion, which underlines substantial uncertainty over how widely established they are really used as a payment mechanism.

As for Circle, the Stablecoin issuer does not provide a figure in its OPI presentation on how much USDC is used for payments, just pointing to the general transaction volume.

News Summary

Coinbase, Bit Global Settle involved Bitcoin (WBTC) Delisting demand

BIT Global and Coinbase have resolved their legal dispute over the elimination of Bitcoin (WBTC) wrapped (WBTC) of Coinbase, he said before. According to a presentation of the joint court, BIT Global agreed to dismiss its demand for prejudice, which means that the case cannot be filled, and each company will cover its own legal costs.

Bit Global initially demanded Coinbase last year, claiming that the elimination unfairly damaged WBTC’s liquidity and reputation, while favoring the Coinbase competitor token, CBBTC. Coinbase cited concerns about the participation of the cryptographic billionaire Justin Sun with WBTC, labeling it as an “unacceptable risk”, although specific liquidation terms were revealed beyond dismissal.

The Critytos Twins Twins Twin -Confidentially confidentially with IPO files for IPO

Gemini, the cryptocurrency exchange and custody The details of the OPI, including size and valuation, remain not revealed, but Gemini has already hired Goldman Sachs and Citigroup as financial advisors, positioning prominently among crypto-national companies that enter traditional markets.

This presentation continues to the successful IPS from Stablecoin Emier Circle, whose actions increased dramatically by debuting in the New York Stock Exchange. Gemini’s planned OPI represents a significant step for cryptographic companies that seek broader acceptance in conventional finances, although the time of the offer will depend on the review of the SEC and market conditions.

Market movements:

  • BTC: Bitcoin is quoted at $ 105,600.30 after recovering from an intradic fall, since the recent increase in mining in Exchange Transfers indicates the potential volatility ahead.
  • ETH: Ethereum remained strong above the $ 2,500 critical support in the midst of volatility, closing vertiginously about $ 2,534, since Blackrock ETF ETF ETH approaches $ 5 billion in sustained institutional tickets.
  • Gold: The gold is slightly lower than $ 3,314.92, but is aimed at weekly profits, backed by weak US jobs. UU. Despite facilitating the tensions of the United States-China.
  • Nikkei 225: Nikkei 225 of Japan opens higher by 37,741,61 (+0.50%), extending recent profits after winning sessions in two of the last three days of negotiation



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