“One day, Bitcoin will overtake gold.”
— President Donald Trump
QUESTION OF THE DAY
With Google entering mining, Ohio adopting crypto for fees, and a $1B Chinese treasury allocation, are we entering the next phase of mainstream Bitcoin adoption?
BITCOIN PRICE ACTION
- Is the Worst Over for Bitcoin? BTC Price Flashes Bullish Signal (CryptoPotato)
- Bitcoin’s Small Gains Could Be Hiding a Bigger Breakout (BeInCrypto)
- Bitcoin Bollinger Bands tighter than ever as trader eyes $107K ‘max pain’ (Cointelegraph)
- Bitcoin Edges Higher as Gold Bull Takes a Breather (CoinDesk)
- Bitcoin Is Not Done Yet Despite Price Crash To $112,000 (NewsBTC)
- Bitcoin bulls favored in $22.6B BTC monthly options expiry, but bears still lurk (Cointelegraph)
- Bitcoin crumbles below $109K, but data shows buyers stepping in (Cointelegraph) (E)
BITCOIN MINING
- JUST IN: 🇺🇸 Google buys 5.4% stake in Bitcoin miner Cipher Mining. Big Tech + Bitcoin 🤝 (Blockworks, Decrypt)
- CleanSpark secures another $100 million credit facility to fund growth (The Block, Cointelegraph)
BITCOIN WHALES
- 🐳 Bitcoin whale just bought 1,524 Bitcoin worth $171 MILLION (E)
BITCOIN ADOPTION
- Ohio Moves to Accept Crypto Payments for State Fees (Decrypt, Cointelegraph)
STRATEGIC RESERVE & CORPORATE TREASURY
- 🇨🇳 Chinese EV company Jiuzi approves $1 BILLION Bitcoin treasury strategy 🟧🚀 (BeInCrypto, Cointelegraph)
- 🚨JUST IN: 🇨🇳 Chinese company Pop Culture Group to buy 1,000 Bitcoin worth over $100 million (E)
- JUST IN: 🇳🇱 Dutch government is considering creating a strategic Bitcoin reserve. Nation-state FOMO 🔥(E)
- Nasdaq-Listed Ethereum Treasury Firm SharpLink to Offer Tokenized Shares (Decrypt) (E)
ETHEREUM
- Ether Treasuries Are Going Mainstream: Crypto Investment Firm Bitwise (CoinDesk)
- The Protocol: Ethereum Developers Target December for Fusaka Hard Fork (CoinDesk)
- Ethereum Exchange Supply Falls To 9-Year Low, Yet Price Is Struggling At $4,000 (BeInCrypto, Cointelegraph)
ETF
- Bitcoin ETFs enter ‘slowdown’ phase (Cointelegraph)
ALTCOINS
- Ripple to be integrated into tokenized money-market funds from BlackRock (Finbold)
- Solana Price Poised for Short-Term Bounce Following $315 Million Buying (BeInCrypto)
- Franklin Templeton Launches New Benji Technology Platform on BNB Chain (The Daily Hodl)
- They Say SOL Is Oversold: Time To Buy the Dip? (BeInCrypto)
- Solana open interest hits record 72M SOL, but why is price falling? (Cointelegraph)(E)
STABLECOINS
- XRP Ledger Launches Its First Native Stablecoin: A Historic Milestone (NewsBTC)
- Circle taps Crossmint to expand stablecoin rails for humans and AI (Cointelegraph)
- Circle explores ‘reversible’ USDC transactions in break from crypto ethos (Cointelegraph, CoinDesk, BeInCrypto, Decrypt)
- PayPal Taps Spark to Boost PYUSD Liquidity by $1B Through DeFi Lending (CoinDesk, Cointelegraph, Blockworks) (E)
- 🚨 JUST IN: Citi projects a $1.9 TRILLION stablecoin market by 2030. Current market cap: $280B (E)
- Stablecoin Market Could Reach $4 Trillion by 2030, Citi Says in Revised Forecast (CoinDesk) (E)
LEGISLATION
- US senators signal resistance to market structure over ’foreign crypto deals’ (Cointelegraph)
- US Senate Finance Committee to discuss crypto tax matters next week (Cointelegraph)
LEGAL
- ATM Operator Athena Bitcoin Accused of Stealing Copyrighted Source Code (Decrypt)
- Feds Charge Brothers in Alleged $8 Million Crypto Kidnapping of Minnesota Family (Decrypt) (E)
VOICES
- Pavel Matveev: Stablecoin Banking Will Be ‘10 Times Bigger’ says Co-founder of COCA (BeInCrypto)
- 🇺🇸 PRESIDENT TRUMP: "One day, Bitcoin will overtake gold."
- Raoul Pal: U.S. Treasury Action to Blame for Bitcoin’s Break From Global M2
- Tom Lee: Fundstrat Sees Bitcoin Tripling, Ether Rising 5X By Year-End (E)
- Tim Cook: 🍏Apple CEO says he owns Bitcoin “I’ve been interested in it for a while.” (E)
- Larry Fink says BlackRock consulted with Michael Saylor at the bottom of the Bitcoin bear market 🤯 (E)
WHAT TO WATCH
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What's Next for Crypto ETFs, ETFs vs DATs, Crypto ETF Explosion & Institutional Inflows | James Seyffart | Bankless
