Google Marks 2029 Deadline for Post-Quantum Cryptography Upgrade

The "debasement trade" narrative resurfaces with Bitcoin's price movements, reflecting a shift towards scarce assets amid fears of currency devaluation. Advocates view Bitcoin as a hedge against inflation and government overspending, emphasizing its fixed supply and anti-dilutive nature.

Bonk, Inc., formerly Safety Shot, Inc., is rebranding to trade as BNKK to provide clarity and evolve its plans. The company aims to accumulate 5% of the BONK circulating supply by year-end, focusing on digital assets and revenue streams consolidation.

Myriad Markets offers various options for predictors this week, with significant volatility in token launches, crypto prices, and MLB playoffs. Bitcoin's market saw a resolution at $125,000, leading to a new market for $140,000 or $110,000 predictions.

Bybit, the second-largest crypto exchange globally, has obtained a Virtual Asset Platform Operator License from the UAE's Securities and Commodities Authority. This makes Bybit the first exchange to secure this full license from the SCA, allowing it to offer regulated services in the UAE.

Bitcoin has slightly cooled while the S&P, Nasdaq, and precious metals hit new all-time highs. Despite a 0.9% drop in the past day, Bitcoin remains 1.5% higher than last week and 7.6% above last month's price.

The Ethereum Foundation is expanding its privacy projects with a new cluster led by Igor Barinov. This cluster will collaborate with other Foundation clusters and initiatives to prioritize privacy in the ecosystem. Interest in privacy coins like Zcash is also on the rise.

Bitwise predicts a new quarterly record for bitcoin ETF inflows, with $22.5 billion already recorded by September. Major firms like Morgan Stanley and Wells Fargo allowing advisers to allocate to crypto have been catalysts. The surge in macro tailwinds and rising prices are expected to drive institutional access and further inflows.

Sharps Technology Inc. is expanding its Solana digital asset treasury strategy through a partnership with Coinbase Global, managing over 2 million SOL valued at $400 million using Coinbase Prime infrastructure. This move aligns with the trend of public firms incorporating digital assets into balance sheet strategies.

Citigroup's venture arm has invested in BVNK, a startup focusing on stablecoin payments infrastructure, as major US banks show increased interest in crypto-based settlement systems due to regulatory advancements like the GENIUS Act. BVNK's platform facilitates seamless movement between fiat and stablecoins for global payments.

Softbank-owned PayPay has acquired a 40% stake in Binance Japan, forming a strategic alliance to merge cryptocurrency services with Japan's top cashless payment platform. The collaboration aims to integrate digital assets into mainstream financial ecosystems for over 70 million users in Japan.