“When everyone’s leveraged at $40 billion, it’s not a market — it’s a fireworks show with a short fuse.” 🎆

NARRATIVE FORMAT

QUESTION OF THE DAY

If France starts buying Bitcoin and the Fed stays chill… 💭 Would you rather HODL or FOMO in at $115K?

MARKET ANALYSIS

• Bitcoin Leverage Nears $40 Billion Ahead of Key Fed Vote (Decrypt)
• Bitcoin price $111K support retest 'in progress' as RSI points higher (Cointelegraph)
• Bitcoin ‘too expensive’ for retail, threatens to end bull market cycle (Cointelegraph)
• Bitcoin’s next move could crush gold bulls, warns top economist (Finbold)

BITCOIN NETWORK

• F2Pool co-founder refuses BIP-444 Bitcoin soft fork, says it’s ’a bad idea’ (Cointelegraph)

BITCOIN MINING

• Bitcoin Miner Core Scientific Upgraded to Buy on AI Data Center Boom: H.C. Wainwright (CoinDesk, The Block)
• TeraWulf expands AI push with $9.5 billion Google-backed Fluidstack joint venture as stock jumps 25% (CoinDesk, The Block)

ADOPTION

• JUST IN: 🇺🇸 $36 BILLION SoFi to launch Bitcoin and crypto trading for this year 

• JUST IN: Human Rights Foundation to distribute 1 BILLION sats (10 BTC) to 20 projects worldwide. HRF’s Bitcoin Development Fund has awarded over $9.6M BTC to 319 projects across 62 countries since 2020 👏

TREASURY, STRATEGIC RESERVE and DATs

• BREAKING: 🇫🇷 France considers bill to accumulate 2% of Bitcoin’s total supply and establish a Bitcoin Strategic Reserve ⚡️ The bill from  @partiudr @eciotti proposes the acquisition of 420,000 BTC over 7-8 years, as well as using nuclear and hydro power to mine Bitcoin.
• Saylor's Strategy the First Bitcoin Treasury Company Rated by Major Credit Agency (CoinDesk)
• Trump brothers’ American Bitcoin snaps up $160 million in BTC, vaulting into top-25 public treasuries (The Block, CoinDesk, Cointelegraph)
• Metaplanet turns to Bitcoin leverage for $500M buyback after stock value slips below BTC stash (Cointelegraph, The Block, CoinDesk, BeInCrypto)
• Nasdaq-listed David Beckham backed Prenetics Global raises $48 million for bitcoin treasury expansion (The Block, CoinDesk)
• Tom Lee’s BitMine Rises as Ethereum Rebounds, Firm Adds $321 Million in ETH (Decrypt, CoinDesk, The Block)
• Bitcoin, Ether treasuries have ‘ghosted’ since the crypto crash (Cointelegraph)

ETHEREUM

• Macroeconomist Henrik Zeberg Keeps Warning About Major Crash While Predicting That ETH Will Soar (UToday)
• Ethereum’s Fusaka Upgrade Completes Final Hoodi Test Ahead of Mainnet Launch (CoinDesk)

ALTCOINS

• XRP Edges Higher to $2.63 as Volume Surges Signal Growing Trader Interest (CoinDesk)
• Solana Price Eyes 10% Gains Amid SOL ETF Launch Buzz, but Sellers Are Lurking (BeInCrypto)
• Dogecoin Consolidates Below $0.21 With Cup-and-Handle Pattern Emerging (CoinDesk)

STABLECOINS

• Wall Street Bank Citi, Coinbase Partner to Expand Digital Asset Payments (Cointelegraph, CoinDesk, The Daily Hodl, The Block, UToday, Decrypt)
• Tether attests to full physical backing for its gold-based token as market value tops $2 billion (The Block)

ETFs

• Solana, Litecoin, Hedera ETFs to launch Today: Analyst (Cointelegraph, CoinDesk)
• Solana ETFs may attract $6B in first year as SOL joins ‘big league’ (Cointelegraph)
• Bitwise SOL staking ETF debuts with $223M, signaling strong institutional demand (Cointelegraph)

CUSTODY

• IBM to Enter Crypto with Institutional Client Custody Platform (BeInCrypto, Decrypt, Cointelegraph)

LEGISLATION

• Republican senator Thom Tillis warns time is running out to pass US crypto bill: Report (Cointelegraph)

POLITCS

• Democrat Ro Khanna Seeks Crypto Trading Ban for Politicians Following Binance Founder’s Pardon (Decrypt, Cointelegraph)

VOICES

• Hunter Horsley: "Every Wall Street Institution Will Be in Crypto Within 12 Months," Bitwise CEO Predicts (UToday)
• Brian Armstrong: Coinbase CEO says Bitcoin could become the next world reserve currency
• Standard Chartered: "Bitcoin may never fall below $100,000 again as US–China trade tensions ease 👀" (The Block)
• Anthony Pompliano: Bitcoin (BTC) Set for Bullish Takeoff After Retesting $116,000 (UToday)
• 🇺🇸 Eric Trump: "Countries around the world, including the UAE, are actively buying Bitcoin"
• Larry Fink : JUST IN: BlackRock CEO says to own Bitcoin and crypto if "countries are going to continue to debase their currency.”
• 🇺🇸 Cathie Wood: "Forecasts a $25 TRILLION Bitcoin and crypto market by 2030. The vast majority of that in Bitcoin"
• 🇺🇸 FORMER SEC CHAIR GARY GENSLER: "Bitcoin is a highly speculative, volatile asset, but 7 billion people want to trade it. Just like we had gold for 10,000 years, we have Bitcoin." HOST: "You must own Bitcoin"

• 🇺🇸 U.S. Congressman Begich: "A Strategic Bitcoin reserve will tether the dollar to a scarce asset." It's happening 🚀

WHAT TO WATCH

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LISTEN TO THIS! 

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