BitcoinWorld Crypto Security Firm Project Eleven Secures $6M to Combat Quantum Computing Threat In the rapidly evolving world of digital assets, staying ahead of potential threats is paramount. One such looming challenge is the advent of quantum computing, which threatens to break the foundational cryptography securing today’s blockchain networks and digital wallets. Addressing this critical future vulnerability, Project Eleven, a developer focused on post-quantum cryptography, has successfully closed a significant funding round. Project Eleven Funding: A Boost for Post-Quantum Cryptography Project Eleven recently announced securing $6 million in a new funding round. This investment is a strong signal of confidence from venture capital firms in the urgent need for advanced cryptographic solutions capable of withstanding the immense computational power of future quantum computers. The round saw participation from notable investors: Co-led by: Variant Fund and Quantonation Participation from: Castle Island Ventures, Nebula, and Formation Variant Fund is well-known in the crypto space for backing foundational protocols and infrastructure, while Quantonation specializes in quantum technologies. This blend of crypto-native and deep-tech investment highlights the interdisciplinary nature of the quantum computing threat to digital assets. Why is Post-Quantum Cryptography Essential for Digital Asset Security? Current public-key cryptography, like the algorithms used to secure Bitcoin and other cryptocurrencies (e.g., ECDSA for signatures), relies on mathematical problems that are computationally infeasible for classical computers to solve. However, quantum computers, using algorithms like Shor’s algorithm, could potentially solve these problems efficiently, breaking existing digital signatures and potentially compromising private keys. This poses a significant Quantum Computing Threat to the long-term security of all digital assets. Post-Quantum Cryptography (PQC) refers to cryptographic algorithms that are designed to be secure against both classical and quantum computers. Developing and deploying these new algorithms is a complex process that involves: Research and design of new mathematical foundations. Standardization efforts (like those by NIST). Integration into existing software and hardware infrastructure. Ensuring compatibility and minimal disruption to current systems. Project Eleven’s focus on PQC is therefore crucial for ensuring the continued integrity and trustworthiness of the blockchain ecosystem in the decades to come. Project Eleven’s Mission: Securing the Future of Digital Assets The funding secured by Project Eleven is earmarked for accelerating their development efforts. As stated by Pruden, this investment: “allows us to stay ahead of that curve, building the tools, standards, and ecosystem required to ensure digital assets remain secure in a post-quantum world.” This indicates a comprehensive approach that goes beyond just theoretical research. Project Eleven aims to build practical tools and contribute to establishing industry standards for PQC in the crypto space. Building an ecosystem is also vital, requiring collaboration across developers, protocols, hardware manufacturers, and users to facilitate a smooth transition to quantum-resistant security measures. The Road Ahead for Crypto Security While a cryptographically relevant quantum computer capable of breaking current blockchain security isn’t expected immediately, the development timeline for PQC solutions is long. Cryptographic transitions take years, sometimes decades, to implement across a complex, decentralized network like various blockchains. Therefore, investments like the one in Project Eleven are not just about addressing a future threat; they are about starting the necessary work today to ensure the long-term viability and security of Crypto Security and the broader digital asset landscape. The success of Project Eleven Funding underscores the growing awareness within the investment community and the crypto industry about the importance of preparing for the quantum era. It highlights a proactive approach to risk management, focusing on foundational security rather than waiting for a crisis. This funding will enable Project Eleven to accelerate its research, development, and standardization efforts, contributing significantly to the future resilience of digital assets against emerging threats. Conclusion: Fortifying Digital Assets Against the Quantum Threat Project Eleven’s successful $6 million funding round is a pivotal development in the ongoing effort to future-proof the digital asset space. By focusing on post-quantum cryptography, the company is directly addressing the significant Quantum Computing Threat that looms over current cryptographic security. With the support of key investors like Variant Fund and Quantonation, Project Eleven is well-positioned to develop the necessary tools, standards, and ecosystem components required to ensure the enduring security and integrity of digital assets in the face of advancing quantum technology. This investment represents a crucial step towards a more secure and resilient future for the entire crypto ecosystem. To learn more about the latest crypto market trends, explore our article on key developments shaping digital asset security and institutional adoption. This post Crypto Security Firm Project Eleven Secures $6M to Combat Quantum Computing Threat first appeared on BitcoinWorld and is written by Editorial Team
For years, Cardano (ADA) has been regarded as a cryptocurrency powerhouse. Its steady growth and adaptability have made it a go-to choice for long-term investors. However, the emerging Ruvi AI (RUVI) token seems set to challenge its dominance. Analysts believe Ruvi AI can reach a $1 valuation this year , possibly outpacing Cardano’s growth trajectory. The question isn’t if it can keep up, but whether it can overtake Cardano entirely by the year’s end. Why Analysts Are Excited About Ruvi AI What makes Ruvi AI stand out is its focus on solving real-world problems by merging blockchain technology with artificial intelligence (AI) . Its practical applications cover industries such as marketing , entertainment , and finance , creating tools to drive efficiency and scalability. Unlike Cardano, known for its gradual price increases, Ruvi AI combines utility-driven value with a structured growth model . Currently priced at $0.015 per token in Phase 2 of its presale , RUVI tokens are not only affordable but also position early investors for significant gains. Upon concluding the presale, the token’s value is guaranteed to rise to $0.07 , marking an almost 5x increase . Analysts further project a $1 valuation post-listing , which represents a 66x ROI from the initial presale price. This rapid return potential has fueled comparisons to Cardano and places Ruvi AI in an advantageous position as the year progresses. Momentum Builds in Ruvi AI’s Stellar Presale Ruvi AI’s presale has already achieved significant milestones, solidifying its reputation as a rising star within the crypto industry. With over $1.8 million raised , 1,600 holders onboarded , and 160 million tokens sold , investor enthusiasm is clearly soaring. The guaranteed increase to $0.07 post-presale underscores Ruvi AI’s transparent strategy, ensuring stable returns for early contributors. This commitment to structure and clarity sets it apart in an often volatile crypto environment. VIP Tiers Deliver Enhanced Returns Investors ready to amplify their returns even further can take advantage of Ruvi AI’s VIP tiers , which offer enticing bonus tokens based on the size of the contribution. Here’s how the tiers break down: VIP Tier 2 ($750 investment, 40% bonus): Total tokens received: 70,000 (50,000 base + 20,000 bonus). Value at $0.07 per token: $4,900. Value at $1 per token: $70,000. VIP Tier 3 ($2,100 investment, 60% bonus): Total tokens received: 224,000 (140,000 base + 84,000 bonus). Value at $0.07 per token: $15,680. Value at $1 per token: $224,000. VIP Tier 5 ($9,600 investment, 100% bonus): Total tokens received: 1,280,000 (double the allocation). Value at $0.07 per token: $89,600. Value at $1 per token: $1,280,000. These VIP tiers provide a compelling incentive to join Ruvi AI in its early stages, maximizing profitability for committed investors. Transparency and Security Bolster Investor Trust Another standout feature for Ruvi AI is its emphasis on security and transparency . Its partnership with CyberScope , a reputable blockchain auditing firm, ensures a comprehensive review of its operations. The ongoing audit not only validates Ruvi AI’s integrity but also assures investors of its long-term reliability. Ruvi AI has also partnered with WEEX Exchange to guarantee post-presale liquidity , allowing investors to trade their tokens seamlessly as soon as the presale ends. These steps showcase Ruvi AI’s commitment to both accessibility and investor confidence. Real-World Applications Drive Demand Ruvi AI offers far-reaching solutions that cater to multiple industries, ensuring its token retains real-world value: Marketing: AI-powered analytics enable businesses to refine ad targeting and maximize campaign ROI. Entertainment: Blockchain-secured payment systems and AI-generated content recommendations empower creators to monetize more efficiently while enhancing the user experience. Finance: Ruvi AI addresses fraud detection, operational scalability, and transparency for financial institutions, solving key industry challenges. This versatility ensures sustained demand for Ruvi AI tokens well into the future, marking the project as a long-term player in the marketplace. Could Ruvi AI Outpace Cardano? Cardano’s reputation as a slow-and-steady performer contrasts sharply with Ruvi AI’s rapid rise. With a $0.015 presale price , structured growth to $0.07 post-presale , and projections of reaching $1 per token , Ruvi AI is not just closing the gap; it’s redefining what’s possible in the crypto space. Backed by over $1.8 million raised , 160 million tokens sold , and partnerships with CyberScope and WEEX Exchange , Ruvi AI is establishing a solid foundation to potentially surpass Cardano’s performance before year’s end. For investors looking to secure early exposure to the next big crypto success story, Ruvi AI represents an unparalleled opportunity. Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Twitter/X: https://x.com/RuviAI Try RUVI AI: https://web.ruvi.io/register Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Ruvi AI (RUVI) Audited Token Gets $1 Prediction From Analysts, Can It Outrun Cardano (ADA) Before Year Ends? appeared first on Times Tabloid .
Astute investors are keenly eyeing the latest developments in the Web3 world. A trio of standout projects has captured significant attention following this week's major news. This article delves into the specifics of these prominent contenders poised for potential growth. Readers eager to uncover which coins are making waves won't want to miss these crucial insights. Avalanche Faces Bearish Trends and Key Price Challenges AVAX price figures show deep declines over recent cycles. The coin dropped nearly 19% over the past month and fell by over 54% in the last six months. This persistent downward trend reflects a cautious market with less enthusiasm for sudden surges. Data over these periods illustrate a loss of momentum and diminishing confidence among traders. Price struggles highlight significant retracements, indicating a weakening performance over time. Current price action puts Avalanche in a tight trading range between $17 and $25. The nearest resistance lies near $30, while solid support is found around $14.5, creating clear pivot points for potential trades. Bulls are attempting to push the price higher, but bears are maintaining pressure to limit gains. No clear trend is visible, as technical indicators like the Awesome Oscillator at -2.52 and Momentum at -3.90 indicate negative pressure. The RSI at 35 suggests the coin is closer to oversold territory. Traders might consider small buys to test the $30 resistance if momentum shifts, while a drop below $14.5 could signal further losses. Caution is advised until these key levels are decisively breached. Celestia (TIA): Price Decline and Key Trading Levels Insight Over the last month, TIA dropped nearly 36%, with a much steeper decline of over 67% in the past six months. The price range, now at $1.70 to $3.05, reflects sustained sell pressure with a marked downturn over both periods. Technical indicators show low momentum and a falling trend, supported by an RSI in the lower 30s and negative readings from both the Awesome Oscillator and the Momentum Indicator. These figures highlight a period marked by persistent weakness and cautious market sentiment. The current situation finds the price trapped between solid support at $1.20 and resistance at $3.91, with a second resistance at $5.26 if a recovery emerges. Bears dominate in the near term with negative momentum and limited upward pressure. Traders should monitor the $1.20 support closely for buying opportunities on dips and watch for a decisive break of the $3.91 resistance for potential upward moves. Short-term plays may be appealing as the market shows ongoing pressure, urging careful trading within these defined technical levels. Curve DAO Token Shows Bearish Trends with Clear Support and Resistance Curve DAO Token experienced a noticeable decline over the past month, with the price dropping by around 10%. Over the last six months, the downtrend intensified with nearly a 28% decrease. The token price traded broadly between a low of $0.50 and a high at resistance near $0.95. The range action indicates a cautious market sentiment amid lingering pressures from broader market conditions. Historical performance suggests that the token has been unable to sustain upward gains, as evidenced by the steady fall over one month and the more significant pullback over six months. No substantial recovery was seen, and the trend appears to be heading lower as bearish forces dominated these periods. Currently, the Curve DAO Token sits in a tight range between $0.58 and $0.81, with key resistance present at $0.95 and a secondary barrier at $1.17, while strong support can be found near $0.50 and another level at $0.27. Indicators such as the Awesome Oscillator at -0.084 and a momentum figure of -0.093 point to ongoing bearish pressure, further confirmed by an RSI of 41.69. There is no clear upward trend at the moment, suggesting that bears maintain control. Traders might consider waiting for a bounce off the support near $0.50 but exercise caution near the resistance levels. A trading strategy could include short positions if the price fails to break above $0.81 or a tight stop-loss if attempting long positions within the current range. Conclusion Investors should note the potential in AVAX , TIA , and CRV . AVAX shows innovative features that may enhance its adoption. TIA is gaining traction with its technological advancements. CRV continues to impress with its unique solutions. Each of these projects stands out this week, indicating a promising future in the market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Crypto analyst Captain Faibik has warned that the Bitcoin top is in, with the flagship crypto set to record a massive crash soon. The analyst predicts that the BTC price could drop below $100,000 and reach as low as $92,000 when this crash happens. Why The Bitcoin Top Is In In an X post , Captain Faibik stated that Bitcoin is showing a massive Relative Strength Index (RSI) Bearish divergence on the weekly chart. He added that BTC looks like it has topped out and is now ready for a major correction toward the $92,000 to $94,000 range. The analyst added that just like the flagship crypto bottomed in November 2022, it has now also topped out. His accompanying chart showed that Bitcoin may have formed a double top formation after hitting a new all-time high (ATH) earlier in the year and then hitting another new high last month . The RSI also indicates that the flagship crypto has reached its peak and is currently at an overbought level, which further supports the case for a potential crash. Captain Faibik’s analysis echoes veteran trader Peter Brandt’s sentiment about the Bitcoin top being in. Brandt recently shared a chart and questioned if November 2021 was happening all over again for the flagship crypto. November 2021 marked the peak of BTC in the last cycle. Back then, the flagship crypto formed a double top formation, similar to one that BTC just formed again following the May rally to a new ATH. Meanwhile, crypto analyst Kevin Capital continues to warn market participants to be cautious about the current Bitcoin price action. He stated that investors need to be careful as long as the flagship crypto stays below $106,800 on 3-day and weekly closes. BTC Not Done Yet In This Market Cycle In an X post , crypto analyst Titan of Crypto indicated that the Bitcoin top isn’t in yet and that the flagship crypto could still hit a new ATH before it tops. He remarked that the BTC bull market is entering its final phase. The analyst noted that, as in previous cycles, there is a 1 year of bear market followed by three years of expansion. Based on this, Titan of Crypto declared that BTC looks to be in the final leg, but not done yet. His accompanying chart showed that Bitcoin could still rally to as high as $170,000 on this last leg in the bull run. The flagship crypto is expected to hit this target between now and year-end, after which it could then enter another bear market. At the time of writing, the Bitcoin price is trading at around $105,000, down in the last 24 hours, according to data from CoinMarketCap.
Former White House Communications Director Anthony Scaramucci has predicted that Solana (SOL) is on track to flip Ethereum (ETH) by market capitalization. “I think SOL will flip ETH,” Scaramucci told an audience at the DigiAssets 2025 conference, while acknowledging that “I don’t really have an opinion on ETH.” The SkyBridge Capital founder did not give a timeline for when the flippening will take place. Scaramucci said he got into the crypto industry late, with his first cryptocurrency investment being in 2020. He noted that he “didn’t really get on board” with Ethereum, explaining that he doesn’t have a “negative opinion” of the world’s second-largest cryptocurrency. “I just understand the Solana story a little bit better,” he added. According to Scaramucci, SkyBridge currently has “nine figures on the corporate balance sheet in Bitcoin and Solana.” Is Solana The Next Ethereum? After hitting an all-time high of over $293.31 in January 2025, Solana, popularly known as the “Ethereum killer,” has slumped to approximately $145, trading down 21% year to date. Ethereum, meanwhile, is down by 23% since the beginning of 2025. SOL and Ether currently boast market caps of $302 billion and $76.8 billion, respectively. Meanwhile, British multinational bank Standard Chartered believes Solana will underperform against Ethereum over the next “two to three years.” The bank’s analysts previously forecasted that Solana would hit $275 by year’s end and $500 by the end of 2029, while Ethereum would reach $4,000 in 2025 and smash $7,500 in 2029. They claimed that the Solana blockchain has seen “declining usage” after the fading of the meme coin craze that drove it to new highs, with scaling hurdles barring it from attaining wider utility than its current meme coin focus. That said, the potential approval of a SOL spot exchange-traded fund (ETF) by the US Securities and Exchange Commission could be the most significant short-term catalyst for the sixth-largest cryptocurrency.
Visa has partnered with Yellow Card Financial to bring stablecoin-powered payments to Africa, starting with the launch in an unnamed country this year, Bloomberg reported Thursday. The agreement marks a key moment in the growing relationship between traditional payment networks and cryptocurrency infrastructure on the continent. The Partnership Will Expand Stablecoin Payments Across Africa Yellow Card , a crypto exchange and stablecoin payments provider operating across 20 African countries, confirmed the partnership this week. The deal will promote the use of USDC and other digital dollars for faster, low-cost cross-border transactions. More markets are also expected to follow in 2026. Yellow Card Visa Yellow Card is teaming up with @Visa to enhance stablecoin settlement infrastructure in emerging markets. Together, we’ll make cross-border payments quicker and more efficient through the power of blockchain innovation. Learn more: https://t.co/b1thwbrqLv pic.twitter.com/uyZAWbdQDj — Yellow Card (@yellowcard_app) June 18, 2025 In an interview, Yellow Card co-founder and CEO Chris Maurice said the partnership with Visa will help connect local financial institutions to the benefits of blockchain-based payments. “Visa sells virtually to every bank in the world, so it opens up opportunities to work with the broader financial institutions that can benefit from the technology the most,” he said. Founded in 2016, Yellow Card launched operations in Nigeria in 2019 and has processed over $6 billion in transactions. It became Africa’s first licensed stablecoin payments provider and continues to grow across the region, focusing on digital dollar access and financial inclusion. The deal with Visa will also explore ways to streamline treasury operations and liquidity management. Maurice said Yellow Card’s goal is to create faster, cheaper remittance and payment routes in places where access to U.S. dollars is limited. Stablecoin usage is rising quickly across Africa, according to data from Chainalysis. In many countries, ongoing currency depreciation and dollar shortages have made stablecoins a practical alternative for cross-border payments and savings. Sub-Saharan Africa saw steady growth in crypto use overall in 2024, but stablecoins are growing even faster. Legal frameworks across the continent are also evolving. Countries such as Kenya, Nigeria, Ghana, and South Africa are drafting or implementing regulatory policies for digital assets. Kenya’s proposed Virtual Asset Service Providers Bill is seen as the most progressive. Edline Murungi, senior legal counsel at Yellow Card, said the bill “recognizes various use cases” and could turn Kenya into a digital asset hub. “If other countries follow suit, then Kenya is going to be a hub for a lot of digital-asset activities,” she said. Mauritius was the first African country to pass crypto legislation in 2021. Botswana issued its first license a year later. Several others, including members of the Central African Economic and Monetary Community, now have formal laws in place. Yellow Card’s rollout with Visa comes as the demand for accessible, dollar-backed digital payments continues to grow in Africa. Circle Joins Forces with Onafriq to Push USDC Payments Across Africa Amid Stablecoin Surge As Visa and Yellow Card begin rolling out stablecoin-powered payments in Africa, another major development is reinforcing the continent’s crypto momentum. On April 30, stablecoin issuer Circle announced a partnership with Onafriq, Africa’s largest payments network, to pilot USDC settlements across the region. We’ve partnered with @circle to expand access to cross-border payments across Africa! By integrating USDC-powered settlement solutions into our network, we’re making intra-African payments faster and more efficient for individuals and organisations. Learn more:… pic.twitter.com/EJLmY4sdoT — Onafriq (@Onafriq) April 30, 2025 The goal is to reduce the high cost of cross-border payments and eliminate dependence on foreign intermediaries. Onafriq’s network spans over 500 wallets and 200 million bank accounts across 40+ African countries. Currently, more than 80% of intra-African transactions are routed through overseas correspondent banks, often settled in USD or euros, adding up to $5 billion in annual fees. Circle’s initiative seeks to change that, using USDC as a cheaper, faster settlement rail within the continent. The timing is no coincidence. According to a recent Artemis x Dune report , active stablecoin wallets surged 53% in the past year, reaching 30 million by February 2025. Stablecoin supply also jumped to $225 billion, with monthly transfers topping $4.1 trillion, a sign of both retail and institutional adoption. In Sub-Saharan Africa, stablecoins now account for 43% of all crypto volume. Nigeria leads the region, receiving $59 billion in crypto volume over the past year, with 85% of that under $1 million, highlighting widespread grassroots usage. As more players enter the space, Africa is fast becoming a proving ground for stablecoin utility. The post Visa Taps Yellow Card for Stablecoin Payments Push Across 20 African Nations appeared first on Cryptonews .
The crypto-friendly app's boss was arrested in France last year and is under investigation.
Tether, the issuer of the world’s largest stablecoin, has been commended by the U.S. Department of Justice (DOJ) for assisting in a major enforcement operation. The collaboration led to the seizure of approximately $225 million in USDT tied to a global “pig butchering” scam, a large-scale fraud scheme that used sophisticated crypto tactics to deceive victims. With Tether’s support, the funds were frozen through blockchain tracing tools that helped restrict access to the illicit assets. The company worked closely with law enforcement throughout the operation, highlighting growing cooperation between crypto firms and authorities in combating digital asset-related crimes. Tether’s $2.7B USDT Crackdown Tether stated that the seizure aligns with its mission to promote compliance, transparency, and safety in the digital asset space. The company noted it has already frozen over $2.7 billion in USDT linked to suspicious activity. These efforts are supported by real-time blockchain monitoring tools and partnerships with more than 255 enforcement agencies across over 55 countries. As part of these efforts, the stablecoin issuer has taken action in several high-profile cases. In March 2025, it assisted the U.S. Secret Service in freezing $23 million in USDT tied to the sanctioned Russian exchange Garantex. It also partnered with TRM Labs, the Tron blockchain, and Spanish authorities to disrupt over $100 million in illicit funds. Commenting on these initiatives, CEO Paolo Ardoino emphasized Tether’s commitment to protecting users and maintaining regulatory standards. He added that working with the DOJ highlights the company’s proactive role in preventing the misuse of stablecoins and promoting transparency in the crypto sector. Tether Supports GENIUS Act Compliance Push As the most widely used U.S. dollar-pegged stablecoin, Tether has long been at the center of regulatory debates. In response, the company has strengthened its compliance efforts, especially as the U.S. advances the GENIUS Act . Recently approved by Congress, the legislation requires all dollar-based stablecoin issuers to implement systems capable of freezing funds linked to illegal activity. Tether has expressed its readiness to comply, calling the measure a key step toward ensuring the long-term security and credibility of stablecoins. The post Tether Assists DOJ in $225M Stablecoin Seizure Linked to ‘Pig Butchering’ Scam appeared first on CryptoPotato .
BitcoinWorld Japanese Retailer Mac House Makes Bold $12M Crypto Investment Move In a move signaling a growing convergence between traditional industries and the digital asset space, Japanese apparel retailer Mac House has announced a significant foray into the world of cryptocurrencies. The company revealed on June 19 its intention to allocate a substantial portion of recently raised capital – up to 1.715 billion yen, equivalent to approximately $12 million – towards investments in digital assets, prominently featuring Bitcoin. This strategic decision, reported by CoinDesk Japan, highlights an increasing willingness among established businesses to explore the potential of cryptocurrencies beyond just payment solutions. Why is a Japanese Retailer Venturing into Crypto? The decision by a traditional Japanese retailer like Mac House to invest millions in cryptocurrencies might seem unconventional at first glance. However, it reflects several potential strategic considerations that businesses globally are beginning to evaluate in the current economic climate. Here are some key reasons why a company might make such a move: Balance Sheet Diversification: Companies often seek ways to diversify their corporate treasury holdings beyond traditional cash, bonds, and equities. Cryptocurrencies, particularly Bitcoin, are seen by some as a new asset class offering potential uncorrelated returns, although this comes with significant risk. Inflation Hedge Potential: With global economic uncertainties and inflationary pressures, some corporations view assets like Bitcoin as a potential store of value or a hedge against the devaluation of fiat currencies. Potential for Growth: The cryptocurrency market, despite its volatility, has demonstrated periods of explosive growth. Investing in these assets offers the potential for capital appreciation, which could enhance the company’s financial position. Future Readiness: Investing in and understanding digital assets positions the company to potentially engage with the crypto economy in other ways in the future, such as accepting crypto payments or exploring Web3 technologies. For Mac House, this move indicates a forward-thinking approach, acknowledging the evolving financial landscape and seeking new avenues for growth and asset management. Mac House ‘s Strategic Vision: The New Digital Asset Group To effectively manage this new venture into digital assets, Mac House is undertaking an internal reorganization. A critical part of this plan is the establishment of a dedicated “Digital Asset Management Group” within its corporate division. This is a crucial step, as it acknowledges the specialized knowledge and infrastructure required to handle cryptocurrency investments. The responsibilities of this new group are set to be comprehensive: Overseeing Investments: Managing the portfolio of digital assets and potentially other equity investments. Risk Management: Identifying, assessing, and mitigating the unique risks associated with volatile assets like cryptocurrencies, including market risk, operational risk, and regulatory risk. Market Analysis: Monitoring market trends, evaluating potential investment opportunities, and making informed decisions regarding the allocation of funds within the digital asset space. Compliance: Ensuring all investment activities comply with relevant financial regulations in Japan and other applicable jurisdictions. The creation of a specific group underscores that this is not a casual allocation but a calculated strategic initiative requiring dedicated expertise and governance. Breaking Down the $12M Crypto Investment Plan The core of Mac House’s announcement is the allocation of up to 1.715 billion yen ($12 million) for crypto investment . This funding comes from a third-party allotment of stock options, indicating that the company specifically raised capital with this strategic purpose in mind, or is redirecting funds obtained through this method towards this goal. While the announcement mentions investing in cryptocurrencies “including Bitcoin,” it suggests that other digital assets may also be considered for the portfolio. The exact breakdown of the $12 million allocation across different cryptocurrencies has not been publicly detailed, but the specific mention of Bitcoin is significant. Bitcoin is often the first and primary digital asset considered by corporations due to its liquidity, market capitalization, and recognition as a foundational cryptocurrency. A $12 million investment is a substantial amount for a retailer, representing a meaningful commitment of capital to this new asset class. It signals serious intent and positions Mac House among a growing list of traditional companies exploring digital assets for their balance sheets. What This Means for Bitcoin Investment and the Market Mac House’s plan for Bitcoin investment and other cryptocurrencies is another data point supporting the trend of increasing institutional interest. While individual investors have long been active in the crypto market, participation from publicly traded companies, especially outside the tech or finance sectors, lends further legitimacy to the asset class. Every instance of a known company allocating capital to Bitcoin or other cryptocurrencies contributes to what is often referred to as “institutional adoption.” This trend is important for several reasons: Increased Capital Inflow: Corporate investments bring significant capital into the market, potentially influencing liquidity and market dynamics. Validation: When established companies invest, it can signal to other businesses and the wider public that digital assets are becoming a more accepted and viable part of the financial ecosystem. Infrastructure Development: Institutional participation often drives the development of more robust and regulated infrastructure for trading, custody, and managing digital assets. While $12 million is not on the scale of investments made by companies like MicroStrategy or Tesla at their peak crypto holdings, it is a notable amount for a retail company and contributes to the overall narrative of traditional finance and business intersecting with the crypto world. Navigating the Path of Institutional Crypto Adoption The path of institutional crypto adoption is not without its challenges and risks. Mac House, like any company venturing into this space, will need to carefully navigate a complex environment. Key challenges include: Challenge Description Relevance for Mac House Market Volatility Cryptocurrency prices can experience rapid and significant fluctuations, impacting the value of the investment portfolio. Potential for substantial gains or losses on the $12M investment, affecting the company’s financial statements. Regulatory Uncertainty The regulatory landscape for cryptocurrencies is still evolving globally, including in Japan. Changes could impact the legality or taxation of holdings. Need for the Digital Asset Management Group to stay updated on and comply with all relevant laws and regulations. Security Risks Storing and managing digital assets securely requires specialized knowledge and infrastructure to prevent hacks or loss of private keys. Requires robust security protocols and expertise within the new management group. Accounting and Reporting Accounting rules for digital assets are still developing, making reporting their value and changes complex. Needs clear internal procedures and potentially external expertise for financial reporting. Public Perception Investor and customer views on cryptocurrency can vary, potentially impacting the company’s brand image. Requires clear communication about the rationale and management of the investment. Mac House’s decision to create a dedicated management group indicates they are taking these risks seriously and putting structures in place to mitigate them. This is a crucial step for any company considering institutional crypto adoption. Actionable Insights for Businesses and Investors What can other businesses and investors learn from Mac House’s move? For Businesses Considering Crypto: This example shows that companies outside the traditional finance/tech sector are exploring crypto. It highlights the need for a clear strategy, dedicated resources (like Mac House’s new group), and a thorough understanding of the risks involved before committing capital. Diversification and potential future engagement with the crypto economy are key drivers. For Crypto Investors: Each instance of institutional adoption, like Mac House’s $12M plan, adds another layer of legitimacy to the market. While individual corporate investments may not drastically move the market on their own, the cumulative effect of increasing corporate interest can be a positive long-term signal for the asset class. It suggests that the utility and value proposition of assets like Bitcoin are being recognized by a wider range of entities. Summary Japanese retailer Mac House is making a bold strategic pivot by planning to invest up to $12 million in cryptocurrencies, including Bitcoin, funded by a recent capital raise. This move is supported by the creation of a new Digital Asset Management Group tasked with overseeing these investments and managing associated risks. Mac House’s decision underscores the increasing trend of institutional crypto adoption, as companies look to digital assets for potential diversification, growth, and as a hedge against economic uncertainty. While significant risks like market volatility and regulatory complexity exist, the establishment of a dedicated internal group suggests Mac House is approaching this venture with careful consideration and a long-term perspective. This development serves as another example of how traditional industries are beginning to integrate with the evolving world of digital finance, potentially paving the way for more companies to explore similar strategies in the future. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Japanese Retailer Mac House Makes Bold $12M Crypto Investment Move first appeared on BitcoinWorld and is written by Editorial Team
On Wednesday, U.S. Treasury Secretary Scott Bessent said that stablecoins will solidify the U.S. dollar’s dominance globally as President Donald Trump urged Congress to fast-track landmark GENIUS legislation. “Stablecoins could reinforce dollar supremacy because stablecoins could end up being one of the largest buyers of U.S. Treasurys or T-bills,” Bessent said on X. “There’s a very good chance crypto is actually one of the things that locks in dollar supremacy.” Bessent pushed back against skeptics who deem crypto a threat to the US dollar, emphasizing that digital assets are “one of the most important phenomena in the world right now” that have been “ignored by national governments for far too long.” The comments come a day after the crypto industry scored a major win when the US Senate passed a landmark bill laying the groundwork for regulated, dollar-backed stablecoins. The House must now decide whether to take up the Senate’s bill or support its own version, before the GENIUS Act can get the President’s signature. In a Truth Social post, President Trump said the bill would make the U.S. the “undisputed leader in digital assets.” “The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets — Nobody will do it better, it is pure GENIUS,” he wrote . “Digital Assets are the future, and our Nation is going to own it.” Either way, President Trump, who is keen to move pro-crypto legislation along, has urged House lawmakers to quickly pass the stablecoin bill. With major Wall Street behemoths like JPMorgan Chase , Apple , Bank of America, Walmart, and Amazon poised to foray into the stablecoin market, prominent voices, including Bessent, foresee the US dollar-backed stablecoin market growing into the trillions of dollars. The Treasury Secretary recently predicted that the stablecoin market could hit $3.7 trillion by the end of the decade.