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The cryptocurrency market extended its recovery this week, although momentum was noticeably weaker than during the previous surge. Bitcoin is trading near 79,600.00–80,000.00, Ethereum remains around 2,500.00, BNB is holding close to 706.00–710.00, while XRP has pulled back towards 1.42. Tether remains stable near 1.0000.
When IBM lifted the curtain on its Quantum Starling project, the tech world didn't just get a new roadmap—it got a wake-up call. For the first time, a fault-tolerant quantum computer, capable of performing 100 million quantum operations, is within reach, with a launch planned for 2029. While “quantum threat” once felt like science fiction, it’s suddenly moving onto the front lines of the crypto conversation.
Vietnam’s National Assembly has enacted the landmark Law on Digital Technology Industries, officially legalizing digital assets nationwide. Local media reports confirm that the legislation will come into force on January 1, 2026, positioning Vietnam for a technological breakthrough and a potential exit from the FATF “grey list.”
IBM has unveiled its updated quantum computing roadmap, announcing a landmark development: the world’s first fault-tolerant quantum computer, dubbed Quantum Starling. Slated for launch in 2029, Starling could mark a turning point for the cryptography securing Bitcoin and the broader blockchain industry, sparking fresh debate about the urgency of quantum threats to digital assets.
Jeremy Allaire, co-founder and CEO of Circle—the company behind the USDC stablecoin—emphasized this week that stablecoins have the potential to become the most efficient form of digital money. However, he noted that the sector is still waiting for its “iPhone moment”—a breakthrough stage of mass realization and developer adoption, akin to what happened with smartphones in the late 2000s.
A striking new investigation has revealed that Russian intelligence agencies are actively leveraging cryptocurrencies to fund covert operations across Europe. According to Reuters, in collaboration with blockchain analytics firms Global Ledger and Recoveris, the Federal Security Service (FSB) of Russia has even recruited untrained teenagers, compensating them with bitcoin for espionage activities.
GameStop (NYSE: GME) has increased its proposed senior convertible bond offering to $2.25 billion, up from an initial target of $1.75 billion. The announcement comes as the company's shares plunged over 17%, reflecting investor skepticism surrounding the additional debt issuance as well as the latest quarterly results.
Chainlink has just pulled off a big milestone in blockchain settlement, working with Kinexys (JPMorgan’s digital payments arm) and Ondo Finance to complete the first cross-chain Delivery versus Payment (DvP) transaction. For years, the lack of secure, atomic settlement across different blockchains has been a sticking point in both traditional finance and crypto. This pilot shows it can finally be done.
According to sources cited by The Wall Street Journal, several U.S. corporate giants—including Walmart, Amazon, and Expedia Group—are actively exploring the launch of their own stablecoins. This strategic move, if realized, could allow these companies to bypass legacy payment networks and significantly reduce transaction fees associated with credit card processing—potentially saving billions annually.
SharpLink Gaming has executed a landmark acquisition of over 176,000 ETH, valued at approximately $463 million, positioning itself as the largest publicly traded corporate holder of Ethereum globally. The average acquisition price, factoring in all related expenses, was $2,626 per ETH.
The cryptocurrency market is experiencing a technical rebound this week. At the time of writing, BTC is trading near $104,411.00 (+1.57%), ETH stands at $2,515.00 (+2.46%), USDT holds $1.0000 (+0.02%), XRP is at $2.1300 (–0.63%), and BNB is at $648.85 (+1.92%). Total market capitalization has adjusted upward to $3.25 trillion, with Bitcoin’s dominance at 63.9%. Despite valuations hovering near record highs, on-chain activity is declining: the 7-day moving average of Bitcoin transaction volume has dropped to approximately 317,000 daily transactions, the lowest since October 2023, signaling subdued network engagement amid broader market uncertainty.
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have jointly petitioned the Manhattan District Court to lift an existing injunction and partially release $125 million currently held in escrow. The joint filing, first reported by Fox Business journalist Eleanor Terrett, proposes a mutually agreed distribution of these funds as part of the broader settlement between the regulator and the crypto firm.
On June 12, 2025, US-listed spot bitcoin ETFs attracted $86.31 million in net capital inflows, marking the fourth straight day of positive flows, according to SoSoValue. This continued appetite from investors highlights persistent institutional interest in the segment despite recent market volatility.
For crypto, the framework is similar to traditional financial markets but comes with its own twist. Here, price action turns on liquidity, adoption, regulation, and flows from institutions alongside retail sentiment. Network health—hash rate, staking, active wallets—adds another layer. Macro still matters too: rates, dollar strength, and risk appetite shape inflows and outflows. Then, as with any market, you use the chart—trend, support and resistance, momentum, and volume—to spot setups and manage risk.