Michael Saylor lowered the threat of the whole of Bitcoin

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Blackrock calls volume computers, with their ability to exceed classical binary computers and break traditional censorship, A threat to crypto.
So the BTC will definitely be hosting it, as the threat of computers will soon break the discryption that gives the bitcoin deficiency to be an existing one.
But in a recent CNBC appearance, Michael Saylor’s threat of the BTC strategy, focusing that the Bitcoin protocol will implement a software upgrade – like any other tech company – when the threat becomes close.
For anyone who remembers about quantum computing hacking bitcoin, please listen to @Saylor Calm and reasonable to explain why you should sleep well at night. pic.twitter.com/x0xzzzl0cd
– Natalie Brunell ⚡️ (@natbrunell) June 6, 2025
“It’s basic marketing from the people who want to sell you the next volume of yo-yo token,” Saylor told CNBC. “Google and Microsoft will not sell you a computer that crack in modern cryptography because it will destroy Google and Microsoft – and the US government and the banking system.”
Already, there are a number of proposals about how to be -secure Proof of work against the threat across, including from BTQA startup building quantum-proof crypto hardware. A Bitcoin developer put a draft Bitcoin Improvement Protocol that suggests a Hard fork that moves to the wallets of all in secure secure addresses.
“Bitcoin is a protocol; the software will be upgraded every year,” Saylor concluded, pointing out that the greater security threat for Bitcoin is phishing.
Saylor’s view is not a universal, however. A recent report from presto research Argued that the crypto industry is “not prepared” for the upcoming threat as a whole.
At the BTC above $ 100k and the market is preparing to challenge another high time, traders don’t seem to be concerned.

As the CRCL has a blockbuster IPO, the true size of the stablecoins market remains mystery.
Recently there was a blockbuster initial public offer, and it was set to open US trading week Monday at more than $ 107 -a wonderful rally at the price opening of $ 69.
The number of stablecoins in the circulation-the market cap of the asset category-is a well-known fact. The release can be seen on-chain after all, and that number is at $ 254 billion, According to coingecko data.
But thinking of the amount of stablecoins used in payments is a little trickier.
In a recent thread on xNic Carter, Castle Island Ventures partner and Blockchain Data Aggregator Coinmetrics, Cofounder, that -parsed by available data and found that there is a huge difference -different in numbers.
Estimating the real part of StableCoin transactions driven by payments rather than trading is complicated due to challenges such as MEV bot interruption, duplicative on-chain transactions, and SPAM activity designed to concentrate on the metrics.
Recent studies describe this uncertainty. A top-down heuristic from Visa and Allium estimates Stablecoin transaction volumes to approximately $ 9 trillion annually to May 2025. However, this figure widely covers trading, defi activity, and repairs-non-concentrated payment.
In contrast, more detailed under-up studies offer narrower but clearer views. Fireblocks, a major preserving provider, reported annual -verified StableCoin payments of nearly $ 232 billion, compared to a significantly larger $ 2.12 trillion in trading volumes to its clients, suggesting that real payment transactions represent nearly 10% of their total stablecoin activity.
Similarly, a targeted joint study of Artemis and Dragonfly samples of 20 Stablecoin-focused payments directly.
It calculates a conservative annual payment volume of approximately $ 72.3 billion, recognizing it as a may undercount given limited sampling.
Compared to the $ 72.3 billion figure at the high end, Carter wrote, $ 232 billion, emphasizing the huge uncertainty around how wide stablecoins that are truly used as a payment mechanism.
As for the circle, the Stablecoin issuer does not provide a figure to the IPO to file on how much the USDC uses for payments, which only points to the overall volume of the transaction.
News roundup
Coinbase, Bit Global Settle wrapped in Bitcoin (WBTC) Delisting Lawsuit
Bit Global and Coinbase arranged their legal dispute over the Coinbase removal of Wrapped Bitcoin (WBTC), CoinDesk had previously reported. According to a joint court filing, the Bit Global has to remove its lawsuit with prejudice -that means the case cannot be refiled -and each company will cover its own legal costs.
Bit Global initially accused Coinbase last year, claiming the removal of unfairly damaged WBTC’s liquidity and reputation, while favored by Coinbase’s competing token, CBBTC. Coinbase cited concerns over the participation of billion -billion crypto Justin Sun at the WBTC, which equipped it with an “unacceptable -accepted risk,” even the specific terms of regulating beyond dismissal were not disclosed.
Winklevoss Twins’ Crypto Exchange Gemini is Confidential with SEC for IPO
Gemini, the cryptocurrency exchange and custody platform established by billions -billions Cameron and Tyler Winklevoss, confidently filed paperwork with the US Securities and Exchange Commission (SEC) to go public, CoinDesk had previously reported. IPO details, including size and appreciation, remain unspecified, but Gemini has already contacted the Goldman Sachs and Citigroup as financial advisors, positioning itself with crypto-native companies entering traditional markets.
This filing complies with the Successful IPO of the Stablecoin Issuer Circle, whose shares have made a significant debut in the New York Stock Exchange debut. Gemini’s planned IPO represents a significant step for crypto companies seeking a broader acceptance of basic finances, although the offer timing depends on the evaluation and conditions of the SEC market.
Market Movements:
- BTC: The bitcoin trades flat at $ 105,600.30 after being recovered from an intraday dip, as the recent flow of miners in the transfer indicates potential volatility ahead.
- Eth: The Ethereum is held strong above a critical $ 2,500 support in the middle of volatility, closing bullishly close to $ 2,534, as Blackrock’s ETF ETF is close to $ 5 billion in the long -term institutional flow.
- Gold: Gold trading is slightly less than $ 3,314.92 but heads for weekly acquisitions, supported by weak US jobs in the US despite the prevention of US-China’s tensions.
- NIKKEI 225: Japan’s Nikkei 225 opens higher than 37,741.61 (+0.50%), expanding recent gains after winning sessions in two in the past three days of trading