quant

According to The Block, Cardano founder Charles Hoskinson stated that quantum computing could pose a significant challenge to Bitcoin's governance capabilities. If the Bitcoin network cannot coordinate the necessary upgrades, BTC may lose its status as the largest cryptocurrency asset globally.Hoskinson mentioned that the problem with Bitcoin is that it is "frozen in time," making any changes very difficult. He believes that the early disappointment with Bitcoin's lack of flexibility was one of the reasons that led to the birth of Ethereum.

According to monitoring by Catcher Predict, in the market prediction event "Elon Musk Tweet Count Prediction" on Polymarket, the winning probability of the "Yes" option in the sub-market "180-199" has experienced a sharp fluctuation, dropping from 30.5% an hour ago to the current 11.5% (a fluctuation of 19%). Please note the impact of related breaking news.

Nine financial institutions and Bitcoin companies announced the joint establishment of the Bitcoin Security Alliance, with founding members including Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity, Galaxy, and Strategy, covering the entire chain of institutions such as custody, trading, infrastructure, payments, and asset management.The alliance commits to providing a total of $15 million in funding over the next three years to support developers and researchers in the field of Bitcoin security, including long-term work to prepare Bitcoin for the future era of quantum computing. Each member independently decides which developers, researchers, or organizations to direct their funding towards. The daily operations of the alliance are coordinated on a voluntary basis by Brink Executive Director Mike Schmidt, with Brink being a nonprofit organization that funds Bitcoin open-source developers.The alliance clearly states that it does not formulate or direct Bitcoin protocols, does not express opinions on specific protocol changes, and does not represent Bitcoin or its developers—Bitcoin development continues to be carried out by a globally decentralized community of contributors. Its positioning is to emulate the model of industry organizations that have long supported open-source software, providing resources and attention to developers without controlling the underlying work.Strategy CEO Phong Le stated, "As long-term holders, ensuring the security of Bitcoin for generations is our greatest incentive"; BlackRock's Global Head of Digital Assets Robert Mitchnick pointed out that the work of Bitcoin core developers is "extremely important," and this commitment will provide "significant additional funding" for Bitcoin's long-term security needs. The alliance will also serve as a reliable source of information for investors, the public, and the media in the field of Bitcoin security, with plans to publish and continuously update materials related to Bitcoin security in the coming months.

CryptoQuant founder Ki Young Ju stated that the demand for Bitcoin spot is weakening, while the demand in the futures market remains positive, but is significantly lower than the levels during the market rebound three months ago.

According to the official announcement, Bitget has launched Quanto perpetual contracts for Tencent (TENCENT), Zhipu AI (ZHIPU), and Xiaomi (XIAOMI), supporting up to 20 times leverage and 24/7 trading.TradFi Quanto perpetual contracts allow users to trade Hong Kong stocks and other overseas stocks priced in currencies other than USD directly using USDT, without the need to exchange foreign currency throughout the process. The contracts are quoted in Hong Kong dollars, while the margin deposit and profit and loss settlement are completed in USDT, effectively avoiding additional risks brought by exchange rate fluctuations while simplifying the trading process.

Cryptocurrency financial services company Galaxy Digital announced the establishment of a $5 million Bitcoin Quantum Readiness Initiative, funding developers to research solutions to address future quantum computing threats. The program is open for applications starting today, with funding directions including quantum-resistant signature algorithms, wallet migration tools, and security audits.Galaxy stated that it hopes to attract more institutions to jointly invest and research, accelerating Bitcoin's transition to quantum-resistant cryptography. According to CryptoQuant data, if future quantum computers have the capability to crack Bitcoin's existing cryptographic algorithms, approximately 6.9 million BTC (equivalent to about $46.1 billion at current prices) may face the risk of theft. Although the industry generally believes that quantum computing does not pose an immediate threat to the Bitcoin network, related preparations should be initiated as early as possible due to the need for long-term collaboration among developers, wallets, exchanges, and users for protocol upgrades.

According to Decrypt, Galaxy Digital has officially launched the "Bitcoin Quantum Readiness Program," which has three core pillars: providing up to $5 million in post-quantum cryptography research grants to developers, publishing special research reports through Galaxy Research, and establishing a quantum advisory committee composed of scholars from several top universities.The program aims at "Q-Day"—the critical moment when quantum computers use Shor's algorithm to break Bitcoin's elliptic curve encryption, forge signatures, and steal wallet assets. Project Eleven predicts that quantum computers capable of cryptographic threats may appear as early as 2030, at which point approximately 6.9 million BTC will be at risk of exposure.The Coinbase Quantum Advisory Committee has also called for developers to immediately begin migration efforts. Meanwhile, Trump has signed an executive order setting the deadline for the U.S. federal government to complete its post-quantum cryptography migration by December 2031.

According to the official announcement, Gate has added Quanto perpetual contracts, which will be launched for the first time in the stock section on July 21 at 16:30 (UTC+8) for TENCENTHKD (Tencent Holdings 00700.HK), ZHIPUHKD (Zhiyuan 02513.HK), MINIMAXHKD (MINIMAX-W 00100.HK), and XIAOMIHKD (Xiaomi Group 01810.HK) Quanto perpetual contracts, supporting 1--20 times leverage.It is reported that the Quanto perpetual contracts support the underlying assets quoted in local fiat currency, with margin and profit and loss settled uniformly in USDT, allowing users to participate in overseas stock derivatives trading, such as Hong Kong stocks, without needing to exchange Hong Kong dollars in advance. This also reduces the impact of exchange rate fluctuations on trading profits, further enhancing the cross-market trading experience.

Bitget announced the launch of the MINIMAX Quanto perpetual contract MINIMAXHKDUSDT, supporting up to 20 times leverage and 24/7 trading. As the industry's first TradFi Quanto perpetual contract, this product allows users to trade Hong Kong stocks and other overseas stocks priced in currencies other than the US dollar directly using USDT, without the need to exchange foreign currency throughout the process. The contract itself is quoted in Hong Kong dollars, while margin deposits and profit and loss settlements are completed in USDT, effectively avoiding the additional risks brought by exchange rate fluctuations while simplifying the trading process.According to the TokenInsight Q2 2026 report, TradFi perpetual contracts have become the fastest-growing sector, with monthly trading volume surging from approximately $52 billion in January to $268 billion in June, an increase of 5 times. Against this backdrop, Bitget's Q2 TradFi contract trading volume was approximately $69 billion, ranking second in the industry with an 11.01% market share.

Project Eleven has launched a new zero-knowledge proof system, providing a recovery method for the quantum-vulnerable Bitcoin proposed to be frozen under BIP-361, including the Bitcoin held by Satoshi Nakamoto.The solution leverages the property that quantum computers can break elliptic curve signatures but cannot break the one-way hash used in modern wallet key derivation, allowing the true owner holding the seed material to prove control. Benchmark tests show that the Project Eleven prototype is significantly faster than previous solutions, but the prototype has not yet been audited and is incomplete. It requires controversial modifications to blockchain rules before it can protect existing Bitcoin on the chain.

Gate officially released the June 2026 Wealth Management Monthly Report, providing a comprehensive review of the June cryptocurrency market trends and the performance of platform wealth management products. The report shows that the cryptocurrency market continued its downward trend in June, with both BTC and ETH recording a monthly decline of about 20%. Market funds leaned more towards caution and risk aversion; the total market capitalization of the cryptocurrency market dropped from approximately $2.30 trillion to $2.17 trillion. Continuous outflows of institutional ETF funds weakened the marginal buying pressure on BTC and became one of the important factors for its breach of key support and the weakening of market sentiment, with overall risk appetite significantly cooling compared to the previous period.In terms of product performance, the overall scale of Yubi Treasure remained stable in June, fluctuating narrowly in the range of 1.5 to 1.6 billion USDT; the total issuance of GUSD decreased from about 191.9 million at the beginning of the month to about 182.3 million at the end of the month, with the annualized yield maintaining at 2.8% to 3.0%, reflecting strong stability. Among advanced products, the Gate dual-currency investment low-buy strategy with a 0-day term achieved an APY of 295%, significantly higher than the market average of 166%; the Gate quantitative fund continued to exhibit stable returns and low drawdown characteristics, with the "Interstellar Hedge (USDT)" cumulative return leading at 18.7%. With the acceleration of stock allocations following the listing of Korean stocks, by the end of June, Korean stocks accounted for about 75% of the overall holdings, with the top ten holdings focusing on global semiconductor and technology growth assets, with SK Hynix ranking first. The report suggests that in a volatile market, stable returns, quantitative strategies, and diversified asset allocation remain important directions for wealth management. Gate will continue to provide users with multi-layered asset allocation and yield enhancement tools to help investors seize structural opportunities and improve asset management efficiency in a volatile market.

Cryptoquant indicates that its 365-day PnL index signal continues to decline, showing that the current BTC cycle may not have reached its peak yet. BTC is currently trading at approximately $62,656, down about 50% from its historical high of around $126,000 in October 2025.Cryptoquant's bull-bear cycle indicator turned green on May 12, 2026, marking the first bullish signal since March 2023. Cryptoquant stated that this indicator had shown false positives in 2022, and the green signal itself does not guarantee a sustained upward trend. A major whale bought BTC worth $98,900,000 at the low of $59,734 on June 5 and made a profit of $3,500,000 within two days after the market rebound. BTC has since maintained above $60,000, trading at approximately $62,550 at the time of writing.

According to the official announcement from NEAR Chain Status, the NEAR mainnet version 2.13.0 has been released, introducing post-quantum transaction signature schemes and dynamic sharding features.Voting will begin at 8:00 AM Beijing time on July 20. Former NEAR core developer Vadim introduced that this upgrade includes features that would typically require a ten-year roadmap for most blockchains: the post-quantum signature ML-DSA-65 becomes the third key type in the protocol after ed25519 and secp256k1, allowing accounts to hold keys that cannot be forged by quantum computers, with only a 32-byte hash recorded on-chain; dynamic sharding enables the chain to automatically monitor the status and size of each shard and to split and re-shard at epoch boundaries without the need for protocol upgrades or manual intervention; Gas Keys provide critical functionality for the proxy economy, allowing a single account to run a batch of proxies to send transactions simultaneously without nonce conflicts.

According to PR Newswire, QIZ Security announced the completion of a $17 million seed round financing, led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, Qino Cyber Capital, and others.The company positions itself as a management platform for crypto assets and post-quantum cryptography (PQC), providing continuous crypto asset discovery, risk modeling, and governance, helping large clients in finance, telecommunications, healthcare, and critical infrastructure achieve "crypto agility" to address the risk of "Q-Day," when quantum computing capable of breaking existing encryption systems may emerge as early as 2029, and collaborates with Cisco, AWS, Google, CrowdStrike, Deloitte, EY, IBM, and others to promote enterprise quantum security migration planning.

According to The Block, the custody institution BitGo announced the launch of a new generation of quantum-safe tools for Bitcoin institutional wallets, helping institutions assess, manage, and reduce quantum-related risks associated with UTXO model wallets.BitGo stated that this solution introduces a new method for grouping and prioritizing UTXOs by address, based on its multi-signature architecture (a provisional patent application has been submitted), to reduce the risk of public key exposure from partially spent funds. This method does not cover address types that expose public keys from the outset (such as Taproot and Pay-to-Public-Key), and these addresses require separate security measures.

CryptoQuant analyst Axel Adler Jr. stated that Strategy recently sold 3,588 BTC, marking the largest recorded Bitcoin sale to date, with the funds used for preferred stock payments and to replenish USD reserves.According to the Form 8-K document he cited, the sale was executed in two batches: from June 29 to June 30, 1,363 BTC were sold at an average price of $59,256, generating $80.8 million; from July 1 to July 5, 2,225 BTC were sold at an average price of $60,773, generating $135.2 million, for a total revenue of $216 million. The funds were used for preferred stock payments and to replenish USD reserves.Axel indicated that this sale differs from the sales made in 2022 for tax optimization, as it is primarily driven by debt obligations and does not represent a change in Strategy's long-term Bitcoin strategy. As of July 5, Strategy still holds 843,775 BTC and $2.55 billion in reserves, with this sale accounting for approximately 0.4% of its Bitcoin reserves.He also pointed out that after the announcement, the Bitcoin futures market positions significantly cooled down, with the Composite Market Index (IMI) dropping from about 80 to 32.6, briefly approaching 20, entering a bearish range; however, Bitcoin prices have largely remained in the range of $61,600 to $64,200, still above the 30-day fair value of $61,800. Analysts believe that the market currently views this sale as passive liquidity management rather than the beginning of a systematic reduction.

According to monitoring by Catcher Predict, in the "Elon Musk Tweet Count Prediction" event on the prediction market Polymarket, the probability of the "Yes" option in the sub-market "100-119" has experienced a sharp fluctuation, dropping from 36.05% an hour ago to the current 16.15% (a fluctuation of 19.9%). Please note the impact of related breaking news.

According to CryptoQuant data, the capital efficiency of Bitcoin in each bull market cycle is significantly decreasing. In the 2011 cycle, approximately $2.8 billion in net inflows drove a rise of about 55,000%; in 2015, about $69 billion corresponded to nearly 10,000%; in 2018, about $365 billion corresponded to about 2,000%; and in this cycle since 2022, about $697 billion has only produced a 689% return.In 2011, about $5 million in new funds could double the price of Bitcoin, while this cycle requires about $101 billion. CryptoQuant founder Ki Young Ju stated that this means Bitcoin needs to become a core macro asset rather than just a retail-driven ETF trade. The next parabolic market needs to attract over $1 trillion in new funds, far exceeding the current level of institutional adoption. However, this argument faces real challenges: the U.S. spot Bitcoin ETF has seen record outflows in the past month, Bitcoin ended the first half of the year at a loss, and retail funds are withdrawing rather than institutional funds accelerating inflows.

The TRON network's Nile testnet has officially launched the post-quantum signature feature following the proposal from Committee No. 20628, with FN_DSA_512 enabled on the Nile testnet. This marks a new advancement for TRON in the validation of quantum-resistant cryptography and the evolution of testnet functionalities.TRON welcomes developers to experience the new features on the Nile testnet and to conduct testing and validation in conjunction with the post-quantum signature usage guidelines. The official reminder states that the related features are currently only effective on the Nile testnet and have not yet been launched on the mainnet.

The TRON Nile testnet has recently launched a quantum-resistant upgrade and released the mandatory upgrade version GreatVoyage-v4.8.2-PQ1-build1. This version introduces post-quantum signature capabilities for the first time, supporting two signature algorithms: Falcon-512 and ML-DSA-44, further advancing TRON's technological exploration and capability verification in the direction of quantum resistance.According to the official introduction, the aforementioned capabilities can be applied in scenarios such as transaction signing, SR block signing, P2P relay node handshakes, and TVM contract verification. TRON reminds developers who have deployed nodes on the Nile testnet to complete the version upgrade as soon as possible. Meanwhile, the related new features will only take effect on the Nile testnet after being approved through proposal voting; the activation of testnet functions does not mean that the mainnet will go live simultaneously.