“The Bitcoin whitepaper is one of the most seminal works of
computer science in the last 20–30 years… it’s poetry.”
— Jack Dorsey

NARRATIVE FORMAT

QUESTION OF THE DAY

ETF demand just printed $1B+ in a day, yet BTC slipped back to ~$112.9K. Do you expect flows to overpower price chop into the monthly close—or does spot need a reset toward the low-$111Ks before the next leg?

BITCOIN PRICE ACTION

• Bitcoin Reclaimed $114K as Crypto Market Recovers (NewsBTC)

BITCOIN ADOPTION

• Smartest man alive converts all his assets into Bitcoin; his Prediction That Bitcoin 100x in 10 Years Could Change Everything (The Street, BeInCrypto) 

STRATEGIC RESERVE & CORPORATE TREASURY

• Tom Lee’s Ethereum Treasury Firm Adds 234,850 ETH in Just One Week To Push Value of Crypto Holdings to $11,000,000,000+ (The Daily Hodl) 
• Kazakhstan Launches State-Backed Crypto Fund (BeInCrypto)

ETF

• Ethereum and Bitcoin spot ETFs' combined daily inflows top $1 billion (The Block)
• ‘Government Grift’ ETF tracking Congress trades could launch this week (Cointelegraph)

STABLECOINS

• Bitcoin Reclaims $114K as Crypto Market Recovers (The Block)

LEGISLATION

• Massachusetts to hold hearing to consider Bitcoin reserve bill (Cointelegraph) 
• Wisconsin Bill Seeks to Exempt Crypto Activities From Money Transmitter Laws (Decrypt)

REGULATION

• US regulators dismiss SEC-CFTC merger rumors, move to dispel crypto ‘FUD’ (Cointelegraph) 
• Crypto Regulator Adrienne Harris Resigns as Head of DYDFS (Decrypt, Cointelegraph, The Block) 

VOICES

• JACK DORSEY: "The Bitcoin white paper is one of the most seminal works of computer science in the last 20-30 years." "It's poetry." 
• 🇺🇸 MICHAEL SAYLOR: "There's only room for one nation state to buy up 20% of the Bitcoin network" "I think it will be the United States" 
• JUST IN: 🇺🇸 Max Keiser heading to the White House to talk to Trump about Bitcoin! 
• JUST IN: 🇺🇸 SEC Chair Atkins says Bitcoin and crypto are his "number one priority" right now. 
• NEW: Michael Saylor: says he is not concerned about having to sell Bitcoin 🤝 “We’ve got $74 billion worth of Bitcoin.” 😅 
• 🇺🇸 ERIC TRUMP: “With Bitcoin, you can transfer $500 million on Sunday night with no fees.” “That scares big institutions” 
• STUART ALDEROTY: Ripple CLO Says ‘Washington Must Finish the Job on Crypto Clarity’ (CoinDesk)

WHAT TO WATCH

LISTEN TO THIS! 

Bitcoin & the Coming Wave of Money Printing | Arthur Hayes | Supply Shock