crtypto & forex news

TL;DR An Ethereum Research post proposes SPHINCS-, a stateless post-quantum signature verification scheme optimized for the EVM. The design replaces standard SHAKE256 functions with EVM-native KECCAK256, allowing a Solidity implementation without protocol changes or precompiles. The C13 variant is described as verifying at about 127,000 gas with a 3,704-byte signature. The proposal is non-standard and research-stage, but it adds to Ethereum’s growing post-quantum security conversation. Ethereum researchers are exploring a new post-quantum signature design that could allow wallets to verify quantum-resistant signatures directly on the Ethereum Virtual Machine without requiring protocol changes. The proposal, published on Ethereum Research on June 12, introduces SPHINCS-, pronounced as “SPHINCS minus,” as an efficient stateless post-quantum signature verification scheme designed for EVM compatibility. The post credits nicocsgy as author and includes special thanks to V...

TL;DR Deribit Insights, using Block Scholes analytics, says crypto derivatives risk appetite fell sharply after a near-20% spot market drop last week. The Risk Appetite Index dropped below 0.05, while BTC options skew recovered from much deeper bearish levels. The report says the move coincided with the longest spot Bitcoin ETF outflow streak since launch. ETH funding rates have traded negative since June 5, pointing to bearish perpetual swap positioning. Crypto derivatives traders have pulled back sharply after last week’s sell-off, with Deribit Insights reporting that Block Scholes’ Risk Appetite Index fell significantly below 0.05 as spot markets tried to stabilize above $60,000. The June 11 analytics report described a market still absorbing the effects of a near-20% spot price decline. While Bitcoin has since consolidated above the $60,000 region, derivatives positioning suggests traders are not rushing back into aggressive upside exposure. Risk Appetit...

TL;DR Strategy Inc. disclosed a new Bitcoin purchase in a June 8 Form 8-K filing. The company bought about 1,550 BTC between June 1 and June 7 for roughly $101.3 million. Its total holdings stood at 845,256 BTC as of June 7, acquired for about $44.1 billion. The filing also showed fresh ATM equity issuance and a $1 billion cash reserve for dividend and debt obligations. Strategy Inc., formerly known as MicroStrategy, added more Bitcoin to its treasury in early June, according to a June 8 Form 8-K filing, even as the company continues to balance BTC accumulation with equity issuance, preferred stock obligations, and cash reserve management. The company disclosed that it acquired approximately 1,550 BTC between June 1 and June 7 for around $101.3 million. The average purchase price was approximately $65,332 per bitcoin, including fees and expenses. As of June 7, Strategy said it held 845,256 BTC in total. The aggregate acquisition cost of those holdings was about $...

A Canadian teenager accused of running a multimillion-dollar crypto fraud operation from the Miami area has become the latest young defendant tied to a high-value social-engineering theft case in the US Prosecutors say the scheme caused more than $13 million in losses and helped finance luxury vehicles, jewelry and nightlife spending. The case centers on Trenton Richard David Johnston, a Canadian national who was 19 when federal prosecutors in the Southern District of Florida announced the indictment on May 11. According to the US Attorney’s Office, Johnston had overstayed his visa and remained in the US unlawfully while allegedly operating a fraud scheme that targeted victims’ digital accounts and crypto wallets. Federal prosecutors said Johnston and unnamed co-conspirators posed as support representatives from a major search engine and crypto-related companies. The alleged objective was familiar but effective: convince victims that their accounts were at risk or already compromise...

The Bitcoin market continues to take a hit, and investors both big and small are heavily feeling the ongoing market pressure , which has caused its price to drop to $61,000. The amount of BTC in profit territory is steadily dropping following the recent decline in price, putting the market in a more bearish condition. Supply In Profit Contracts Amid Waning Bitcoin Price Action With a substantial fall in the percentage of circulating supply held in profit, Bitcoin is nearing a turning point. After the sharp decline, crypto analysts suggest that the market is drawing closer to what they describe as a historical profitability reset. CryptoZone highlighted in a CryptoQuant Quicktake post that the BTC on-chain structure is showing signs of a significant profitability contraction as the percentage of supply on profit metric falls toward the 45% threshold. Historically, this zone has coincided with periods of heightened market stress, where a large share of market players move from unrea...

XRP pundit SMQKE has predicted that utility will drive the next wave of explosive price action for the token. This came as he highlighted what had previously driven these parabolic rallies in the altcoin and noted a shift from speculation to utility-driven rallies.  Pundit Reveals Utility Will Drive Next Parabolic Rally For XRP In an X post , SMQKE indicated that the next explosive price action for XRP will be utility-driven. He noted that the crypto market is now shifting from pure speculation to utility-driven price action and that utility is a far more powerful and sustainable force than the hype that drove XRP’s moves in the past.  The analyst further declared that explosive price action will return for the altcoin and that it will be even stronger this time around. He also noted that it has a long history of “explosive price uncoilings” and that institutions are aware of the token’s ability to outperform the entire crypto market in a short period.  SMQKE added that these e...

A crypto analyst has projected just how low Bitcoin (BTC) could fall during this market cycle, sharing a timeline for a potential price bottom. The expert has based his bearish outlook on the Bitcoin 400-day cycle, a recurring pattern that has consistently appeared across multiple market phases. Drawing from this historical trend, he suggested that BTC could still face further downside in its current bear market before any long-term recovery stage begins. Analyst Says Bitcoin Final Cycle Bottom Is In October Crypto market analyst Bee has provided a definitive timeline for the end of the current Bitcoin bear market based on strict historical market trends. His analysis, shared on X, relies on a specific 400-day cycle pattern that has successfully guided market tops and bottoms across 13 years of BTC’s trading history.  Based on this framework, Bitcoin is now 252 days into its cyclical bear phase that historically lasts between 364 and 400 days. This suggests that the leading cryp...