Invest ideasNews
10 Jun 2026, 07:03
Tim Draper claims Bitcoin is safer than Banks in Quantum era
Billionaire financier Tim Draper believes that the conventional banking system faces a more immediate threat from quantum computing than Bitcoin does. The statements have raised a discussion about which financial institutions are at the greatest risk as the technology continues its rapid advancement into the mainstream. Draper in an X post wrote that he feels his crypto investments are safer than the dollars stored in bank accounts. The financier’s opinion is supported by the fact that the banking infrastructure lacks the necessary safety measures that would allow a rollback to the last uncompromised block if a blockchain were to be hacked. The statements come at a time when leading technology firms are pushing back the timelines for implementing post-quantum cryptography. According to reports by Moody’s Ratings, Google announced in March 2026 that the company was moving the implementation timeline to 2029. Cloudflare made the same announcement in April, while the 2035 deadline announced by the US Government for federal agencies remains the same. Why could quantum computing become a major risk? This risk is not only a theoretical one, but the issue is more deeply rooted. The Quantum Safe Financial Forum, which consists of members from the U.S., Europe, and Britain’s central banks, as well as MasterCard and Barclays, said in February 2025 that quantum machines could be available in 10-15 years’ time, although this might even come much faster. The concern is not just about future decryption attacks. Financial institutions rely heavily on public-key cryptography for payment validation, interbank communications, identity checks, and other critical aspects of bank operations. This means that an attack by a quantum computer on elliptic curve cryptography will impact several layers at once, increasing operational and systemic risk. In June 2026, Moody’s Ratings made its position clearer when it warned that the late adoption of post-quantum cryptography can be a source of credit risk. Quantum security investment is set to come into direct competition with AI expenditure, said the agency. The problem was exacerbated by Google’s very own quantum AI research which revealed that cracking the encryption code had become 20 times easier than previous estimates. The amount of quantum computing (qubits) required for cracking P-256, a standardized algorithm used widely in financial services and government systems, would be approximately 26,000. P-256 continues to be one of the most used elliptic-curve standards in banking systems, payment processors, government networks, and enterprise authentication systems. This explains why researchers increasingly focus on post-quantum migration timelines rather than waiting for fully mature quantum hardware. Quantum computing to strengthen Bitcoin and crypto networks? The way Draper describes quantum computing and its impact on cryptocurrencies turns the tables completely. Instead of regarding quantum computing as a threat to the cryptocurrency ecosystem, he sees it as “an opportunity”, stating that early quantum users will mine Bitcoin and strengthen the network’s security. This optimism, however, comes under criticism. As noted by Jameson Lopp, the Chief Security Officer at self-custody firm Casa, upgrading Bitcoin to be quantum-resistant could take a decade, and nearly 4 million BTC (almost 25% of the entire supply) already have exposed public addresses. Lopp further argued that banks could upgrade “orders of magnitude faster,” directly going against Draper’s thesis, according to Sahm Capital, citing Benzinga’s earlier report. This criticism brings one of the major differences between financial institutions and decentralized networks. Banks can enforce security upgrades via centralized governance mechanisms, whereas the improvements for Bitcoin would have to be agreed upon by developers, miners, exchanges, wallet providers, and node operators. Bitcoin has seen a massive dump in the month of June 2026. BTC price dropped by almost 9% over the last 7 days. It is trading at $61,383 at press time. If you're reading this, you’re already ahead. Stay there with our newsletter .
10 Jun 2026, 07:02
Analyst Says XRP Is a True Definition of a Pump & Dump. Here’s why
A long-term technical pattern on the XRP/Bitcoin trading pair is drawing renewed attention as some analysts assess whether XRP could be approaching a significant turning point against the largest cryptocurrency. According to crypto analyst JD, XRP’s historical performance against Bitcoin has largely reflected repeated cycles of sharp rallies followed by steep declines, a trend he argues has benefited Bitcoin holders at the expense of many XRP investors . However, despite his criticism of XRP’s past price action, JD believes a breakout from a multi-year symmetrical triangle could dramatically change the asset’s trajectory. In a recent post on X, JD shared a chart of the XRP/BTC pair spanning more than a decade and outlined what he views as a recurring “pump and dump” cycle. He argued that Bitcoin whales have repeatedly used liquidity from XRP market participants to strengthen their Bitcoin positions over time. While ya'll keeps LOSING… Bitcoin whales keep WINNING using #XRPArmy as liquidity (proof here) $XRP is a true definition of a PUMP & DUMP as shown! "The REKT" who are at a loss will DENY BUT… IF SYMMETRICAL TRIANGLE BREAKS… MOONSHOT! STOP LOSING & GET RICH! pic.twitter.com/TzvHoTtpf9 — JD (@jaydee_757) June 8, 2026 Historical XRP/BTC Cycles Highlighted The chart attached to JD’s post tracks XRP’s performance against Bitcoin from 2013 through 2026. Throughout the chart, the analyst marked several major price surges as “pump” phases and subsequent declines as “dump” phases. According to JD, these repeated cycles demonstrate a pattern in which XRP experiences sharp upward movements that attract market attention before giving back a substantial portion of those gains. He labeled multiple historical highs and lows across different market cycles to support his argument that the XRP/BTC pair has consistently followed this structure. The analyst went further by claiming that Bitcoin whales have benefited from these movements by using XRP market liquidity to accumulate additional Bitcoin. In his view, many XRP holders have ultimately remained at a loss while larger market participants have continued to profit from the recurring price cycles. JD acknowledged that some investors disagree with this interpretation. In his post, he suggested that holders currently sitting at losses may reject his assessment of XRP’s historical performance against Bitcoin. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Focus Turns to Symmetrical Triangle Formation Despite his critical assessment of XRP’s long-term history against Bitcoin, JD’s outlook was not entirely bearish. The chart highlights a large symmetrical triangle that has developed over several years. The upper trendline connects a series of declining highs, while the lower trendline connects rising lows, creating a narrowing price structure that often attracts attention from technical analysts. According to JD, the future direction of XRP relative to Bitcoin could depend heavily on whether this pattern ultimately breaks upside. He emphasized that a bullish breakout from the symmetrical triangle could trigger what he described as a “moonshot” move for XRP . His chart also included a projected upward trajectory following a potential breakout, suggesting that a decisive move above the triangle’s resistance line could mark a significant shift from the historical pattern he outlined. For now, JD maintains that XRP’s historical record against Bitcoin has favored larger market participants. However, he contends that a confirmed breakout from the long-term triangle could create a substantially different outcome and potentially lead to a stronger performance for XRP relative to Bitcoin in the years ahead. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Says XRP Is a True Definition of a Pump & Dump. Here’s why appeared first on Times Tabloid .
10 Jun 2026, 07:00
Bitcoin Traders Watching Closely As Trump Hints At Imminent Iran Deal
Bitcoin is already being eyed for a move toward $65,000 if a US-Iran deal is sealed, with US President Donald Trump saying such an agreement could be signed within two or three days. Related Reading: A 400 Billion Shiba Inu Surprise: Whale Wallet Springs Back To Life The top crypto asset had also clawed back from recent lows near $59,500 and was trading around $62,350 as traders weighed the odds of a shift in Middle East tensions. Trump Sets A Tight Timeline Trump said on Monday that talks were in their final stretch and that he did not see major obstacles left. He described the deal as a strong one and tied the talks to wider efforts to calm the fighting in the region. The comments came after reports that Trump warned Israeli Prime Minister Benjamin Netanyahu that continuing military action could leave Israel with less US backing. He later wrote on Truth Social that Iran and Israel were both looking for an immediate ceasefire while peace talks kept moving. Deal Hopes Meet Old Doubts The latest timeline has not quieted skepticism. Trump has raised hopes of a near-term deal before, and the new comments landed after weeks of similar claims that never turned into a signed agreement. Some of the hardest issues are still unresolved, including sanctions, nuclear limits, and long-term security guarantees. Reuters has also reported that earlier talks left the sides split over frozen funds and the future of shipping through the Strait of Hormuz. 🚨 TRUMP: IRAN DEAL COULD BE DAYS AWAY PRESIDENT TRUMP SAYS THERE IS A “VERY GOOD CHANCE” OF REACHING A DEAL WITH IRAN IN THE NEXT TWO OR THREE DAYS “WE’RE VERY CLOSE.” WHAT HAPPENS TO OIL IF A DEAL GETS DONE? pic.twitter.com/YpXuhpDCNm — Money Ape (@TheMoneyApe) June 9, 2026 That is why traders are treating the latest remarks as one more step, not a finish line. Reports suggest that a successful deal could open the door first to the $65,000 area and, with stronger buying, to $70,000 and beyond. Oil Markets Still In The Frame Oil is part of the same trade. Reuters reported that crude fell on Tuesday after Iran and Israel said they had halted attacks, with Brent at $92.60 a barrel and US West Texas Intermediate at $89.10. The Strait of Hormuz remains the key pressure point, since it handles a large share of global oil and gas flows, and any easing of tension there could cool prices further. There were also reports that the market has swung on and off this storyline before, with each new round of hope meeting fresh warnings soon after. Related Reading: Security Milestone: XRP Lending Protocol Completes Military-Grade Assessment For Bitcoin, that leaves a narrow path. A deal that cools oil and broadens risk appetite could help crypto, but the market is still waiting for an actual signature, not just another promise that talks are close. Featured image from Unsplash, chart from TradingView
10 Jun 2026, 07:00
Kalshi Expands Crypto Derivatives Lineup With Launch of XRP Perpetual Futures
BitcoinWorld Kalshi Expands Crypto Derivatives Lineup With Launch of XRP Perpetual Futures U.S. prediction market platform Kalshi has expanded its cryptocurrency derivatives offerings with the launch of XRP perpetual futures contracts. The move comes shortly after the platform introduced Bitcoin perpetual futures on June 3, a product that received approval from the U.S. Commodity Futures Trading Commission (CFTC). Expanding Regulated Crypto Derivatives Kalshi, known primarily for its event-based prediction markets, is increasingly positioning itself as a regulated venue for crypto derivatives. The addition of XRP perpetual futures signals the platform’s intent to offer traders exposure to digital assets within a U.S. regulatory framework. Perpetual futures, which have no expiration date, are a popular instrument in crypto markets for leveraged trading and hedging. The CFTC’s prior approval of Kalshi’s Bitcoin perpetual futures set a precedent for the exchange to list similar products tied to other cryptocurrencies. While the XRP contract is now live, the regulatory status of XRP itself remains a key consideration for market participants. The SEC’s ongoing legal case against Ripple, the company closely associated with XRP, has created a complex legal backdrop that traders must navigate. Implications for Traders and the Market For traders, Kalshi’s XRP perpetual futures offer a regulated alternative to offshore exchanges that dominate the crypto derivatives market. The platform’s compliance with CFTC oversight may attract institutional and retail users seeking clearer legal protections. However, the liquidity and trading volume of the new contract will determine its viability as a hedging or speculative tool. The launch also reflects a broader trend of U.S.-regulated platforms expanding their crypto offerings. As regulatory clarity evolves, more traditional financial infrastructure is being adapted for digital assets. Kalshi’s move could pressure other regulated exchanges to list similar products, increasing competition and potentially narrowing spreads for end users. Why This Matters Kalshi’s entry into XRP derivatives provides a regulated channel for price exposure to one of the most actively traded cryptocurrencies. For readers, this development matters because it represents a step toward mainstream integration of crypto products within existing financial regulatory frameworks. It also highlights the growing convergence between prediction markets and traditional derivatives exchanges. Conclusion Kalshi’s launch of XRP perpetual futures marks another milestone in the platform’s expansion into crypto derivatives. Following the CFTC-approved Bitcoin futures, this new product offers traders a regulated avenue for XRP exposure. The long-term success of the contract will depend on liquidity, market demand, and the evolving regulatory landscape surrounding digital assets. As always, traders should conduct their own due diligence given the unique risks associated with perpetual futures and the unresolved legal questions around XRP. FAQs Q1: What are perpetual futures? Perpetual futures are derivative contracts that have no expiration date. They allow traders to speculate on the price of an asset with leverage, and they use a funding rate mechanism to keep the contract price aligned with the underlying spot market. Q2: Is Kalshi regulated by the CFTC? Yes, Kalshi is a regulated exchange under the U.S. Commodity Futures Trading Commission. Its Bitcoin perpetual futures received CFTC approval, and the XRP perpetual futures are offered under the same regulatory framework. Q3: How does the legal status of XRP affect these futures? The SEC’s ongoing lawsuit against Ripple has created legal uncertainty around XRP. While the futures contract itself is regulated, the underlying asset’s regulatory status could impact market participation and liquidity. Traders should be aware of these risks. This post Kalshi Expands Crypto Derivatives Lineup With Launch of XRP Perpetual Futures first appeared on BitcoinWorld .
10 Jun 2026, 07:00
Ethereum Never Reached A Key Bull Market Milestone This Cycle
On-chain analytics firm Glassnode has revealed how the latest Ethereum cycle never reached a profitability threshold cleared in previous bull runs. Ethereum Has Seen Its Profitability Profile Compress This Cycle In a new post on X, Glassnode has talked about how the share of supply carrying a gain of more than 300% is currently looking on the Ethereum blockchain. Below is the chart shared by the analytics firm that shows the trend in this metric. From the graph, it’s visible that the Ethereum supply sitting at a 3x profit has declined recently and hit the 11% mark. This suggests that just over a tenth of the cryptocurrency’s supply in circulation is in a significant gain at the current spot price. The reason behind this supply being at a low level is naturally in part due to the bearish market conditions. It alone, however, can’t explain just how low the indicator is. It’s apparent in the chart that the last time that the network saw this supply occupy a lower share was all the way back in February 2017. Both the 2019 and 2022 bear markets never saw profitability this bad. In fact, bear market levels isn’t all that has differed in the current cycle. In the previous two cycles, the 3x profit supply crossed the 50% level during the bullish phase . This cycle never saw the metric break the 30% mark, let alone approach the 50% threshold. “ETH’s profitability profile has fundamentally compressed relative to prior cycles,” noted Glassnode. In related news, Ethereum and other assets have faced a steep drawdown recently that has had a notable effect on short-term investor profitability. On-chain analytics firm Santiment has shared in an X post the data related to how the various top coins have compared in terms of this. The metric cited by Santiment is the Market Value to Realized Value (MVRV) Ratio , which is a popular indicator for gauging the profit-loss status of holders as a whole. Here, the analytics firm has specifically used the version of the MVRV Ratio tracking the profitability of buyers from the last 30 days. As displayed in the above chart, Ethereum, Bitcoin, and other assets saw the 30-day MVRV Ratio plummet to a deep value as the market crash played out. With the rebound that has followed since then, however, the situation has improved a bit for buyers from the past month. That said, losses continue to be significant for this group. The 30-day MVRV Ratio is currently sitting at -10% for BTC and -12% for ETH. The analytics firm explained: When the average trader is sitting on significant losses across networks that are normally hovering at 0% (zero sum game), selling pressure often becomes exhausted as weak hands capitulate and long-term investors begin accumulating. ETH Price Ethereum had fallen near the $1,500 level during the weekend, but the coin has since bounced back as its value is now sitting around $1,680.
10 Jun 2026, 06:50
Tom Lee Bitmine Accumulates 75,000 ETH as Lee Makes the Case for Crypto AI Future
Tom Lee is not waiting for the market to come to him. His firm Bitmine has just added another 75,000 Ethereum tokens worth approximately $123 million in a single eight-hour window, and the buying is not done yet. With total known holdings now sitting at roughly 4.59% of ETH’s total supply and a stated target of 5%, one of Wall Street’s most recognisable crypto bulls is executing one of the most aggressive institutional ETH accumulation strategies the market has ever seen, while simultaneously making a public case for why crypto’s best days still lie ahead. Another $123M in ETH, Another Step Toward the 5% Target Lookonchain tracked the latest move, confirming that Bitmine pulled 75,000 ETH from Kraken and FalconX over the past eight hours alone. This was not a single transaction or a hasty market buy, it was OTC execution spread across two major institutional liquidity providers, the kind of patient, methodical accumulation that does not move spot price in the way an aggressive exchange buy would. Tom Lee( @fundstrat )'s #Bitmine bought another 75,000 $ETH ($123M) from #Kraken and #FalconX over the past 8 hours. https://t.co/Bkmr0gUHrR https://t.co/0fAL6xNayT https://t.co/UxPXIKb9Xs pic.twitter.com/PXnvQZzD0L — Lookonchain (@lookonchain) June 9, 2026 That execution strategy tells you something important about who is doing the buying. A non-price-sensitive buyer running OTC through Kraken and FalconX is not chasing momentum or reacting to short-term price signals. They are building a position with a specific structural target in mind, and they are doing it in a way that minimises their own market impact. At 4.59% of total ETH supply already accumulated and a 5% target on the horizon, Bitmine is systematically removing a meaningful chunk of circulating supply from the market, and doing it quietly enough that the spot price has not yet fully reflected the scale of the demand. The supply math matters here. If Bitmine reaches its 5% target, that represents a significant volume of ETH effectively locked inside a single institutional position. Circulating supply tightens, and the structural bid that has been supporting prices through this accumulation window remains in place for as long as the position holds. The flip-side risk is equally real, any pause in accumulation or partial unwinding from a position of this size creates genuine sell-side overhang. The market will be watching Bitmine’s wallet activity closely from here. Tom Lee Reframes Crypto’s Entire Value Proposition Around AI While the accumulation numbers speak for themselves, Tom Lee has also been making rounds publicly to explain the thinking behind the conviction, and his argument cuts against the prevailing narrative in a way that deserves serious attention. Tom Lee explains why investors shouldn't give up on crypto: 'In some ways crypto is a downstream story of AI because as AI capabilities go up… it's gonna increase the need for blockchain.' pic.twitter.com/0jm3WhhFZC — Altcoin Daily (@AltcoinDaily) June 8, 2026 Most of the market has been treating AI and crypto as competing narratives fighting for the same capital and attention. Lee sees it differently. His framing is that crypto is a downstream story of AI, not a competitor to it, but a necessary infrastructure layer that becomes more valuable as AI capabilities increase. His reasoning is direct: as AI gets more powerful, the need for blockchain verification grows with it. Blockchain, in Lee’s view, is the only reliable mechanism to prove and validate transactions and protect against AI-generated manipulation. The more capable AI becomes, the more essential decentralised verification infrastructure becomes. That is not a speculative leap, it is a logical progression that most of the market has not yet priced in because the conversation has been dominated by AI stocks and GPU demand rather than the downstream infrastructure that AI will eventually require at scale. The AI Security Threat Nobody is Talking About Publicly Lee went further than the standard AI-blockchain integration thesis, raising a point that has largely been absent from mainstream financial commentary. AI-driven security exploits, he said, are happening at a rapid and accelerating pace across all financial services. The publicly traded banks are not disclosing these exploits. The attack surfaces are expanding across every corner of the financial system, and the scale of the problem is being deliberately obscured from public view. This is a significant claim. If major financial institutions are absorbing AI-driven security breaches without disclosure, the systemic risk being built up is invisible to market participants who rely on public reporting. Blockchain, in Lee’s framing, becomes not just a nice-to-have verification layer but an active defence mechanism against a threat that traditional financial infrastructure is demonstrably struggling to handle. It is the kind of argument that reframes the entire regulatory and institutional conversation around crypto, not as a speculative asset class that needs to be tamed, but as infrastructure that financial services will eventually need to adopt out of necessity. Three Reasons Lee Believes The Crypto Narrative is Still Completely Intact Lee distilled his thesis into three concrete pillars that he believes keep the long-term crypto case alive regardless of short-term price action. First, rising AI capabilities directly increase demand for blockchain verification, the relationship is additive, not competitive. Second, AI security exploits are accelerating and blockchain represents the defence layer that the financial system will need as those attacks intensify. Third, Wall Street tokenisation is already happening and is structurally real, turning money into software, tokenising equities and real estate, and building financial infrastructure on-chain is not a future possibility but a present reality that is quietly gaining momentum. In the current market mood, Lee was characteristically direct. The excitement and FOMO has been concentrated on AI. That is temporary. The infrastructure buildout that AI will require, and that blockchain is positioned to provide, is not temporary. It is a long cycle investment that patient capital is already positioning for, which explains why Bitmine is buying 75,000 ETH in eight hours through OTC channels rather than waiting for the retail crowd to rediscover the narrative. What Bitmine’s Accumulation Means for ETH at Current Prices Ethereum is navigating a difficult market environment, and the Bitmine accumulation is happening against a backdrop of real price pressure and broader macro uncertainty. That context makes the buying more meaningful, not less. Institutional OTC accumulation at scale during a drawdown is a different signal than buying into a rally, it suggests a long-term structural thesis rather than momentum chasing. At 4.59% of total supply and closing in on a stated 5% target, Bitmine’s position is already large enough to matter to ETH’s supply dynamics in a meaningful way. Whether Lee’s AI-blockchain thesis plays out on the timeline the market needs to sustain current prices is the open question. But the conviction behind the accumulation, the methodology of the execution, and the public intellectual case Lee is making all point in the same direction: this is a firm that believes it is buying ETH before the market fully understands why it should. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
