Morning Minute: Mark Cuban Is Selling His Bitcoin

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Today’s top stories:

• Crypto majors cut where HYPE leads; BTC at $77k
• HYPE hit a new ATH above $62 yesterday, the ETF is running at $70M
• Mark Cuban sells his BTC, expresses disappointment against gold & broader crypto
• A new quantum solution proposed by American Fortress, can protect Satoshi coins
• MegaETH closes its Terminal project and terminates the first phase

Mark Cuban Sold Most of His Bitcoin

Mark Cuban sold most of his Bitcoins when completed they failed to act as a bulwark against a weakening dollar and international turmoil, especially in the recent Iran war.

The billionaire investor, who once described Bitcoin as the highest level of gold and had a very heavy reputation, said that the difference between gold and Bitcoin during the Iran war was very important. Gold rallied as Bitcoin struggled to maintain momentum despite a weaker dollar, a move that the concept of “digital gold” was supposed to deliver.

Cuban said: “I always thought gold was better than gold, but gold just blew up to $5,000, and Bitcoin went down. Whenever the dollar goes down, Bitcoin has to go up. It’s not what I expected.”

His frustration spills over into crypto, which he feels has yet to find the “grandfather question.” This includes NFTs, which although he refused to call them dead, he said they were “depressing.”

This idea is becoming more and more popular, since most of those who are 5-10 years old start to rule in 2026. And unfortunately, this trend seems to continue to differ and change, at least in the near term.

Founder Says It Can Save Satoshi’s 1.1 Million Bitcoin From Quantum Attackers

Researchers at AmericanFortress he spread the idea saying that their multi-level security would prevent Satoshi Nakamoto’s 1.1 million Bitcoin holders (and the rest) from future mass attacks through a soft fork that could stop and protect exposed addresses.

The problem they are solving is the “Satoshi problem” that has plagued all security concepts to date. About 6.9 million Bitcoins in public key addresses are vulnerable to any computer powerful enough to run Shor’s algorithm against secp256k1 elliptic curve cryptography. BIP-361, written by Jameson Lopp, wants to freeze the money if it doesn’t move to quantum, but the founder of Cardano Charles Hoskinson said a big mistake: “1.7 million coins won’t do that. It’s impossible. 1.1 million that is Satoshi.” If Satoshi dies or the keys are lost, there is no way to voluntarily migrate.

AmericanFortress’ approach is different. Instead of requiring a migration or freeze, their proposal uses a soft fork to create a secure environment, placing a virtual lock around vulnerable addresses without asking the owner to move the money or control it. The system deploys multiple post-quantum signatures to prevent any quantum attacker from exploiting the public key.

This proposal is a preliminary peer review and is not presented as an official BIP. A similar proposal for PACTs from Paradigm researcher Dan Robinson offers an alternative approach, allowing owners to tokenize ownership today and then unlock revenue through proof-of-concept and STARK volumes if the network freezes at-risk addresses.

🌎 Macro Crypto and Markets

• Crypto majors are flat as HYPE leads again; BTC even at $77k; ETH +1% at $2,130; SO + 2% on $88; HYPE + 5% on $ 61
• NEAR (+32%), FET (+13%), TIA (+13%) and WLD (+13%) led the top performers
• Oil -2% on $98.50; Gold even $4,513
• The future are in the green with the Nasdaq up slightly as the US and Iran show progress in peace
• Blockchain.com filed a confidential S-1 with the SEC on Thursday for the US IPO is expected at the end of the year, joining SpaceX, Kraken, and Grayscale in the 2026 crypto listing wave; it previously planned to go public at a price of $14B in 2022 before launching a 2023 Series E round that number was much lower.
• a16z-backed Syndicate Labs announced it was closing on Thursday after five years of building the Ethereum infrastructure rollup, referring to the collapse of the necessary infrastructure of the infrastructure
• Bankruptcy trustee for Terraform Labs filed an amended complaint on Monday it is alleged that Jane Street used a secret Telegram group called “Bryce’s Secret” (run by a former Terraform intern who later joined Jane Street) to receive anonymous information about the health of TerraUSD before selling all of its $192 million UST positions on May 7, 2022, a few hours after the stablecoin lost its benchmark.

Corporate Treasuries & ETFs

Meme Coin Tracker

• Meme leaders he was especially green; DOGE +2%, SHIB +2%, PEPE +2%, PENGU +5%, TRUMP +5%, BONK +4%, SPX +4%, FARTCOIN +5%
• Worldcup (+60%), Show (+30%) and Clude (+30%) led the popular on Solana
• Base movers including Supergemma (+33x), donor (+160%), Pitch (+67%) and Robotmoney (+50%)

📈 Multi Day Market

💰 Token, Airdrop & Protocol Tracker

• The price of MegaETH he announced download his final program and finish his season points early
• Polymarket used the private key for $700k this morning, things are looking good

🚚 What is happening in NFTs?

• Directors of NFT many were red; Punks -1.5% at 33.5 ETH, BAYC -2% at 9.54 ETH, Pudgy -2% at 4.8 ETH; Hypurr’s -7% at 315 HYPE
• Slonkz (+16%) and Milady (+6%) he led the famous movers