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Why everyone is upgrading to these chic BOLL & BRANCH bed sheets.

Hogan, born Terry Gene Bollea, died one year ago today on July 24, 2025 after suffering a heart attack. He was 71.

Hogan, born Terry Gene Bollea, died one year ago today on July 24, 2025 after suffering a heart attack. He was 71.

A Quantum Roadmap Would Push Bitcoin Much Higher

Authored by Ciaran Lyons via CoinTelegraph.com,

Bitcoin developers need to swallow their pride and outline a clear plan to harden the blockchain against quantum computing attacks, according to Capriole Investments founder Charles Edwards. He says the day they finally bite the bullet, the price will respond very quickly.

“If the Bitcoin core team says in two or three months: ‘this is our roadmap, we’re gonna solve it in the next two years, these are the rough steps we’ll take,’ that would be amazing news,” Edwards tells Cointelegraph on Trade Secrets. 

“I think that would discount a lot of the risk pretty much overnight,” Edwards says.

The question of whether Bitcoin developers should modify the network to make its cryptography quantum-resistant has sparked heated debate within the Bitcoin community, with some arguing that major changes could conflict with Bitcoin’s core ethos. Others claim quantum computers are many years away, and a rushed cure could be worse than the disease.

Charles Edwards says a clear roadmap could push price up “very quickly”

Edwards often highlights the risk of quantum computing to Bitcoin to his 132,800 X followers. The fear is that, one day, powerful enough quantum computers could break the cryptography that protects the Bitcoin network and potentially compromise Bitcoin wallets.

The uncertainty has impacted investor sentiment, and some analysts say it has contributed to the downfall in Bitcoin’s price. The world’s largest asset manager, BlackRock recently pointed to quantum computing as a potential long-term risk in materials for spot Bitcoin ETF investors. 

However, Edwards says if Bitcoin developers outline a clear roadmap to address the quantum threat, as some other chains have already done, it could send Bitcoin’s price higher “very quickly.” 

Source: Charles Edwards

“Double digits probably,” Edwards predicts.

He adds the quantum issue is “somewhat counterintuitively an upside catalyst potential,” because it is currently on the back burner and the Bitcoin Improvement Proposals (BIPs) to date are “not really” a genuine solution.

Edwards is no stranger to making high-conviction calls on Bitcoin. Based in Melbourne, Australia, he founded Capriole Investments in 2019, a hedge fund focused on Bitcoin and digital assets. The firm uses a combination of quantitative models, AI, and macroeconomic analysis to guide its investment strategy across crypto markets.

Charles Edwards says Bitcoin is 40% below its fair value

A growing number of observers worry the risk could become more serious if Bitcoin developers fail to make the necessary changes to the network before 2030. Ethereum is due to complete it’s post quantum overhaul by 2029, which will shine a spotlight on Bitcoin’s own preparations.

Bitcoin is trading at $65,270 at the time of publication. Source: CoinMarketCap

Edwards estimates that Bitcoin is currently around 40% below what he considers its fair value based on energy value, while arguing that quantum risk accounts for roughly a 30% discount. “That means it’s more than priced in,” Edwards said. Bitcoin is trading at $65,270 at the time of publication, roughly 49% below its October all-time highs of $126,100.

Edwards clarifies that Bitcoin’s current price reflects the quantum risk based on the information available today, rather than any unknown future developments that could accelerate the threat and tank the price further. 

His estimate is based on the timelines outlined by leading quantum computing companies and researchers for when “Q Day” could arrive, the point at which quantum computers become powerful enough to reverse engineer private keys from public keys. 

“That sits in that four to five year range, give or take, a few years,” Edwards says.

Edwards says he also factors in the time Bitcoin would need to develop and implement a solution, which BIP-360 author Ethan Heilman estimates could take years.

“If we’re gonna get into maths, it’s pretty simple; it is just an aggregation of those expert opinions. So it’s based on that, and based on the fact that there’s currently no solution for Bitcoin.”

“That risk again falls significantly if there’s a solution or if there’s a roadmap to a solution. But it also could grow if tomorrow we find out that Google is, you know, twice as far ahead on their roadmap to Q Day or some other major company,” he said.

“It’s priced in today, but it’s not to say that it can’t get worse or better. It’s just I think it’s skewed more probabilistically to the upside from here,” Edwards says.

Tyler Durden Fri, 07/24/2026 - 14:20

The medical examiner revealed new details on how Celeste Rivas was allegedly killed by D4vd.

As soon as LeBron James made his stunning free agency decision to join the Philadelphia 76ers on a shockingly low contract, several league-wide questions became more relevant.  Among them: will the 76ers attempt to trade for LeBron’s son, Lakers guard Bronny James? What would a trade between the Lakers and the 76ers for Bronny even...

Pixar Studios, ensnared in the Walt Disney Company’s mass layoff announcement this week, will also face a large staff cut, according to public records.

Tate told her, "Come to Europe, dear," with a rose emoji.

"USA Isn't A PiggyBank For Europe": Trump Launches Section 301 Probe Into EU Over Big Tech Fines

Summary:

• Trump Opens Section 301 Investigation On Europe Over Big Tech Fines 
• Trump Slaps Forced-Labor Duties On 60 Countries 
• Trump Begins Rebuild Tariff Wall After Supreme Court Ruling Earlier This Year 

Trump Says US Begins Section 301 Investigation on Europe 

President Trump wrote on Truth Social that the US will launch a Section 301 investigation into the European Union for "robbing American companies, in turn, the American Taxpayer." 

Trump said Brussels is using America as a "PIGGYBANK" by fining Big Tech companies billions and billions of dollars.

Trump listed the technology companies that have been fined a combined billions of dollars:

After having fined Apple, for no reason at all, 15 Billion Dollars, Meta, 3 Billion Dollars, Amazon 2.5 Billion Dollars, and many others, we have just been informed that Google, a truly advanced and amazing group, has been fined yet another 1 Billion Dollars, without explanation. This brings the Google total to over 18 Billion Dollars!

Trump continued:

This illegal and highly discriminatory practice started at these high levels during the first year of the Sleepy Joe Biden Administration, but it's not going to continue during the Trump Administration.

He added:

The United States of America is not a "PIGGYBANK" for Europe, nor will we allow it to be!

Please let this TRUTH serve to represent that we will immediately initiate a 301 Investigation into the practice of "ROBBING" American Companies and, in turn, the American Taxpayer.

The European Union will pay a very big price for this illegal and highly unethical conduct, which I have consistently warned them about.

The penalties will be entirely reversed and, we anticipate, a substantial TARIFF to be placed on them at the earliest possible moment.

"The United States of America is not a “PIGGYBANK” for Europe, nor will we allow it to be! Please let this TRUTH serve to represent that we will immediately initiate a 301 Investigation into the practice of “ROBBING” American Companies and, in turn, the American Taxpayer." -… pic.twitter.com/TRGPi0rCm3

— The White House (@WhiteHouse) July 24, 2026 Trump's Tariff Wall Returns With Forced-Labor Duties On 60 Countries 

The Trump administration imposed Section 301 tariffs on 60 countries accused of failing to "impose and effectively enforce" bans on goods produced with forced labor, according to a new notice from the Office of the U.S. Trade Representative.

Today, Ambassador Greer is taking action, at President Trump’s direction, under Section 301 of the Trade Act of 1974 by imposing tariffs on 60 trading partners for their failure to adopt and effectively enforce a prohibition on the importation of goods produced with forced labor.…

— United States Trade Representative (@USTradeRep) July 23, 2026

Goods from countries including Canada, Mexico, India, and the UK will face a 10% duty, while imports from the European Union and Taiwan will be taxed at least 10%. Products from Japan, South Korea, and Switzerland will face levies of at least 12.5%, with dozens of other countries subject to a flat 12.5% tariff.

Fuel, food, fertilizer, and products already covered by sector-specific tariffs, including automobiles, metals, and pharmaceuticals, will be exempt. Goods qualifying under the US-Mexico-Canada trade agreement will also be excluded.

The tariffs take effect Friday at 12:01 a.m. New York time, marking the biggest move yet to restore President Trump's protectionist tariff wall since his earlier levies were struck down by the Supreme Court. After that setback, the president instituted a 10% global import tax, which expires Friday. The timing of the new levies ensures there will be no gap between the two.

"President Trump recognizes that decades of moral suasion have not eradicated forced labor from global supply chains.  The United States has had a forced labor import ban for nearly a century, and rigorously enforces it; it's well past time for our trading partners to do the same," Trade Ambassador Jamieson Greer wrote in a statement.

Greer said, "Today's action will begin to correct what is both a human rights abuse and a distortive trade practice to improve the welfare of workers everywhere.  I am encouraged by the trading partners who have moved quickly to adopt forced labor import prohibitions, and look forward to ensuring their effective enforcement."

Bloomberg noted that the new Section 301 levies are expected to lift the average effective U.S. tariff rate by just 0.1 percentage point to roughly 10.7%. That remains below the 13.5% rate in place before the Supreme Court's February ruling.

Ernst & Young trade expert Blake Harden was quoted by Bloomberg as saying that the Trump administration is not yet done with tariffs or with disrupting the status quo.

"There's still a lot of uncertainty hanging out there. We still have the opportunity for a lot of tariffs this year," Harden said. "Prior to this week there was sort of just a bit of a lull and maybe it felt like there was more certainty than there is. There's this thing I keep telling folks: There's a lot to come still as we get into this year."

Here's a first take from Goldman Sachs chief economist Jan Hatzius, who said the new levies should have little effect on the overall US effective tariff rate:

BOTTOM LINE: The White House released the final version of the Sec. 301 tariffs it will use to replace the current 10% Sec. 122 global tariff, which expires July 24. The details of the release suggest there should be little change to the overall US effective tariff rate. Some individual trading partners will see their ETRs move higher or lower, but generally not by much more than 1pp in either direction.

1. The White House announced a new set of tariffs to replace the current 10% global tariff under Sec. 122 of the Trade Act of 1974, which expires July 24. Following a Sec. 301 investigation into forced labor, the US Trade Representative (USTR) has released a final list of tariffs covering trading partners accounting for 95% of US imports. There would be four levels of tariffs: a 10% cap (inclusive of the preexisting MFN tariff), a 10% add-on tariff, a 12.5% cap, and a 12.5% add-on tarif

2. While the prior version of these tariffs, released in June, would have raised the US effective tariff rate (ETR) slightly (+0.25pp), the final version just released should leave the ETR essentially unchanged (-0.1pp) because of four revisions USTR made: (1) the tariff rate for several large trading partners was changed to a cap (including the MFN rate) of 10% (EU and Taiwan) or 12.5% (Japan, Korea, and Switzerland) rather than a tariff on top of the MFN rate; (2) several trading partners including Argentina, Bangladesh, Cambodia, India, Malaysia, and the UK will face a 10% rate, rather than the 12.5% proposed in the earlier version (Taiwan moves from 12.5% add-on to a 10% maximum, like the EU); (3) product exclusions for specific trading partners in recent trade deals are now reflected, and (4) some new products were added to the exclusion list for all trading partners. In general, most of the trading partners getting the lower 10% rate in the final version have a recent trade deal with the US.

3. The change in each trading partner’s tariff rate compared with the expiring Sec. 122 policy would be modest, with only a few instances of changes greater than 1pp. The EU (-0.9pp), Indonesia (-0.9pp), and Korea (-0.7pp) would see the largest declines in their US ETR as a result of the shift from Sec. 122 to the new Sec. 301 rates, while Turkey (+1.5pp), China (+1.4pp), the Philippines (+0.8pp), Vietnam (+0.8pp), Singapore (+0.6pp) and Thailand (+0.6pp) would see the largest increases.

4. The USTR did not announce any new actions related to the other Sec. 301 investigation into 16 trading partners on manufacturing overcapacity, which was started around the same time as the just-concluded investigation. While this could still come in the next few weeks, we still believe that whatever tariffs come out of that second investigation won’t take effect until after the midterm election, and we continue to expect a roughly unchanged US ETR through the end of 2026.

Meanwhile, the US Customs and Border Protection has issued refunds to importers after the Supreme Court invalidated Trump's previous tariff regime.

Tyler Durden Fri, 07/24/2026 - 14:06

Morris Katz, the star Gen Z political guru behind Mayor Mamdani and Maine Senate candidate Graham Platner, has offered a groveling, belated mea culpa over Platner's campaign implosion.

The Yankees' pitching staff can weather any storm.

We finally get another piece of the Sugar puzzle. 

Get up to $1,000 matched in FanCash with the Fanatics Sportsbook promo code NYPOST26 for your MLB bets.

A police boat crashed into Westminster Bridge in central London on Friday, tossing officers into the River Thames and injuring five of the crew, the Metropolitan Police said.

Oil Tanker Makes Red Sea U-Turn After Houthi Threats, Reroutes Around Africa In Costly Transit

ING's Singapore-based head of commodities, Warren Patterson, was asked during a recent webinar what it would take for Brent crude to exceed $120 a barrel. His answer was "not much," warning that prices could soar well into triple-digit territory if the Strait of Hormuz remains blocked through August and threats to Red Sea shipping intensify.

Patterson's warning about disruptions at the Strait of Hormuz and the Bab el-Mandeb Strait echoes concerns voiced across commodity desks this week: the longer these critical chokepoints remain impaired, the greater the upside risk to Brent, WTI, and fuel prices at the pump.

Fresh Houthi announcement, which muddles the waters a bit.

Paraphrasing: No closure of the Bab el-Mandeb strait; blockade only targets "the Saudi side," but that leaves unclear whether it includes (or not) foreign vessels lifting Saudi crude (or only Saudi oil tankers). https://t.co/tXsrjfQ4HK

— Javier Blas (@JavierBlas) July 24, 2026

Strait of Hormuz Crossings

Bab el-Mandeb Crossings

The latest signs of trouble in the southern Red Sea come from a Reuters report stating that the Danish-flagged tanker Torm Innovation was rerouted from Yanbu, Saudi Arabia, through the Suez Canal and around the Cape of Good Hope as an alternative to the Bab el-Mandeb Strait after two Saudi tankers were hit with projectiles by the Iran-backed Houthis earlier this week.

"Given the security situation in the southern part of the Red Sea, the vessel is sailing via the Suez Canal and around the Cape to Asia. This reflects our cautious approach to crew safety, which remains our highest priority," a Torm spokesperson told the outlet.

Rerouting around the Cape of Good Hope instead of transiting Bab el-Mandeb adds weeks of sailing time and sharply increases freight, fuel and insurance costs.

Longer voyages also tie up vessels for extended periods, effectively reducing available tanker capacity and tightening energy markets. The result will be higher tanker rates.

The rerouted tanker is carrying a 500,000-barrel cargo of Saudi naphtha from Yanbu to Japan.

🇸🇦Saudi Arabia's escape route from Hormuz is now being REROUTED again.

After shifting exports to Yanbu and Bab el Mandeb, Houthi attacks are forcing Asian cargoes north through Suez and then around Africa.

A Yanbu to Taiwan voyage jumps from
19 to 48 days.

Fuel costs rise… pic.twitter.com/eaViElkW6d

— Jack Prandelli (@jackprandelli) July 24, 2026

One question we have is whether this marks the beginning of a tanker exodus from the southern Red Sea, or whether surging gasoline and diesel prices at US pumps force the Trump administration to pursue a diplomatic off-ramp with Tehran to break the tit-for-tat strike cycle and restore order on critical maritime chokepoints to mitigate an energy shock.

Tyler Durden Fri, 07/24/2026 - 13:40

The 76ers are now considered legitimate NBA title contenders.

A total of 24 single-family homes and condominiums in Miami-Dade County sold for more than $30 million during the first six months of 2026.

Can you use the bathroom yet or what?

Limited time deal.

Fancy pants is in the house! Heather Dubrow stopped by the Page Six studio to talk all things season 20 of “Real Housewives of Orange County” with our “Virtual Reali-Tea” co-hosts Danny Murphy and Evan Real. We chatted about the Tres Amigas seemingly reuniting — and why Shannon Beador may not be so public with...