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On Monday, U.S. President Trump signed two executive orders aimed at accelerating the development of U.S. quantum computing capabilities and advancing the government's transition to post-quantum cryptography. Although the executive orders did not directly mention Bitcoin, industry insiders believe this could benefit the blockchain's post-quantum security research and development.The two executive orders focus on defending against advanced cryptographic attacks and promoting cutting-edge quantum innovation. They include a clear timeline: to advance the construction of quantum sensors by September 2028 and require federal high-value assets and high-impact systems to complete the transition to post-quantum cryptography by the end of 2031. Project Eleven CEO Alex Pruden stated that this means the U.S. government will invest time and resources to achieve post-quantum security goals and may extend related requirements to the entire federal contractor system, not just limited to government agencies, thereby accelerating the implementation of post-quantum cryptographic technology.At the time of this policy announcement, the blockchain industry’s concern about quantum threats continues to rise. Organizations like the Ethereum Foundation and the Solana Foundation have begun advancing post-quantum security research and development, while the Bitcoin community is also discussing potential risks. Some publicly exposed Bitcoin addresses are believed to face the risk of private keys being derived once powerful quantum computers emerge in the future. Pruden pointed out that this executive order clearly sets the deadline for adopting post-quantum cryptography as 2031, which is more binding than the previous guidance from the U.S. government that proposed phasing out traditional cryptographic systems by 2035. For Bitcoin and the broader cryptocurrency industry, government investment in post-quantum security may accelerate the maturity of related tools, standards, and migration paths.

Bitcoin further declined towards $62,000 on Tuesday, continuing its weak fluctuations under the pressure of six consecutive weeks of outflows from spot ETFs, a shift in macro interest rate expectations towards hawkishness, and the expiration pressure of quarterly options. Ethereum also fell below $1,700 on the same day, with both BTC and ETH retreating nearly 20% over the past 30 days. This week's market pressure mainly comes from two clues. One is that the Federal Reserve maintained interest rates at 3.5% to 3.75% during the FOMC meeting on June 18, but the statement significantly reduced easing language, and the dot plot shifted from previously suggesting rate cuts to indicating rate hikes. Among the 18 officials, 9 have already predicted at least one rate hike this year, and the probability of a rate hike in December has significantly increased compared to a month ago. The second is that geopolitical risks have once again disturbed the market. Previously, expectations of a ceasefire between the U.S. and Iran had pushed Bitcoin above $67,000, but during the signing ceremony on June 19, the situation broke down, and Iran withdrew from negotiations. Due to the 24/7 trading in the crypto market, Bitcoin was the first to reflect this shock. In addition, Deribit will face the expiration of approximately $10.6 billion in options on June 26, which has also intensified the market's wait-and-see sentiment at the end of the quarter. Analysts believe that current leverage has been largely cleared, and market positions are defensive, but the next direction still depends on Thursday's PCE inflation data and whether the capital flow of spot ETFs can turn positive again.

According to Jinshi News, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 62.6%, while the probability of a cumulative increase of 25 basis points is 37.4%. By September, the probability of keeping interest rates unchanged is 29.8%, the probability of a cumulative increase of 25 basis points is 50.6%, and the probability of a cumulative increase of 50 basis points is 19.6%.

According to Jinshi reports, S&P Dow Jones Indices announced that the Dow Jones Industrial Average will include Google A (GOOGL.O).

According to Jinshi reports, FedEx (FDX.N) continued its decline in after-hours trading, currently down about 6%.

According to Jinshi reports, the US dollar reached its highest level since November last year on Tuesday, as traders solidified their views on the Federal Reserve's interest rate hikes this year. Traders expect that by early 2027, the US will have conducted nearly two rate hikes of 25 basis points each. Jordan Rochester, a strategist at Mizuho International, stated that the dollar often strengthens before the Federal Reserve raises interest rates, and the market is actively discussing the possibility that the rate hike cycle may begin in September. Meanwhile, the euro fell to its lowest point in a year, and the yen continued to be under pressure.

According to Jinshi, the Federal Reserve accepted a total of $6.484 billion in funds from 10 counterparties in its fixed-rate reverse repurchase operations.

Rob Hocking, the Global Head of Derivatives at the Chicago Board Options Exchange (CBOE), stated that the exchange is exploring the conversion of Bitcoin and Ethereum continuous futures into perpetual futures. Previously, the Commodity Futures Trading Commission (CFTC) approved the cryptocurrency perpetual futures of the prediction market Kalshi, paving the way for similar products for other registered U.S. exchanges. Rob Hocking did not provide a timeline for the potential conversion.

According to CoinGlass, the cumulative liquidation in the cryptocurrency futures market in the past 24 hours was about $657 million, affecting approximately 137,900 people, with long positions liquidated at about $598 million and short positions at about $58.81 million. The largest single liquidation occurred in Hyperliquid's ETH-USD contract, amounting to approximately $14.1486 million.

According to CoinPost, Japan's national corporate pension fund plans to start investing in cryptocurrencies in the fiscal year 2026, with an allocation ratio of about 1% of its total operating assets (approximately 21.3 billion yen).The report states that the asset allocation ratio for the fiscal year 2025 is: 80% in yen, 15% in US dollars, and 5% in other currencies. However, in the fiscal year 2026, the yen allocation ratio will decrease to 70%, and a new 10% allocation will be made for currencies from developed countries. The remaining 5% will consist of emerging market currencies, gold, and cryptocurrencies.The main purpose is to diversify currency risk. The fund's executive director, Ai Yuki, stated that due to the potential weakening of the US dollar as a benchmark currency, they decided not to increase their holdings in US dollars and instead use cryptocurrencies like Bitcoin as a hedge against currency depreciation, as Bitcoin has a lower correlation with the US dollar index.After approximately six years of investigation, the fund has determined that the cryptocurrency market has matured as the investor base has expanded. In the future, the fund will continue to explore the possibility of expanding cryptocurrency investments, including funds for arbitrage trading of various cryptocurrencies.

According to monitoring by Lookonchain, Huang Licheng has been liquidated 7 times on Hyperliquid in the past 10 hours, yet continues to go long on ETH.His current position is 1100 ETH (worth 1.82 million USD), with a liquidation price of 1635.71 USD.

Senior Partner at Polychain, Josh Rosenthal, posted on X platform, "After nearly 5 years at Polychain Capital, I have decided to leave. I feel fortunate to have witnessed the birth and growth of some companies that defined the cryptocurrency industry up close, for which I will always be grateful. I am now embarking on a new venture and look forward to sharing more information in the near future."

According to Bitcoin Magazine, the U.S. Congress will hold a hearing on the "Clarity Act" on July 17.

According to The Block, Erald Ghoos, CEO of OKX Europe, stated that after the full implementation of the European Markets in Crypto-Assets Regulation (MiCA), about 80% of crypto exchanges will be unable to continue operating in the EU.Starting from July 1, platforms that have not obtained MiCA authorization will no longer be allowed to provide crypto services to EU users. Currently, 20 of the 27 EU member states have ended the transition period, while about 60% of European crypto users remain on unauthorized platforms.As of June 18, more than 200 crypto asset service providers (CASP) have obtained formal MiCA authorization, including OKX, Coinbase, and Kraken, and Ripple has also received preliminary approval from Luxembourg regulators.Ghoos believes that MiCA will drive significant consolidation in the European crypto exchange market, with future trading volumes dominated by a few licensed platforms with stronger compliance capabilities.

According to Onchain Lens monitoring, a wallet suspected to be related to a16z (0xb5E4...c24e) withdrew 12,780 ETH from Binance, worth 21.22 million USD.

According to Gate market data, Tesla (TSLA.O) stock price decline has expanded to 5%.

BlackRock stated on platform X that the role of Bitcoin in investment portfolios is evolving and may be seen as a complementary diversification tool.BlackRock believes that a moderate allocation (typically around 1-2%) could influence the return potential of a portfolio while maintaining an appropriate risk tolerance.

According to Coinglass data, the total liquidation of SPCX contracts across the network in the last 24 hours reached 40.51 million USD, with long positions liquidated at 38.07 million USD and short positions liquidated at 2.44 million USD. The liquidation amount is only less than that of BTC and ETH.

Today, Bitget CFD Chief Analyst Lewis Huang pointed out in an online live broadcast themed "Logic of Gold Trend Analysis" that this week's market focus will be on the U.S. May PCE Price Index and the final value of Q1 GDP.Previously, CPI and PPI data reached new highs, non-farm employment showed robust performance, and signals of inflation rebound combined with the Federal Reserve's hawkish stance have led the market to gradually digest rate hike expectations. He emphasized that Waller has clearly stated that controlling inflation is the top priority, and the interest rate dot plot shows that rate hikes in 2026 are becoming an internal consensus, and the market needs to prepare for a higher and longer-lasting interest rate environment.Regarding the gold trend, Lewis Huang stated that due to the impact of geopolitical conflicts driving up energy prices, the overall year-on-year increase in the Personal Consumption Expenditures (PCE) Price Index may rise to 3.4% or even higher. If the Personal Consumption Expenditures (PCE) Price Index rises unexpectedly, the U.S. Dollar Index will gain strong momentum, while non-interest-bearing assets like gold will face weakening risks. He suggests that CFD traders closely monitor inflation expectation differentials and flexibly capture opportunities for U.S. dollar bullishness or guard against gold downturns.