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Bitcoin Magazine
Gold topped out Crypto bottomed out
Gold is more of a risk-on asset than Bitcoin at the moment
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๐Ÿ—ฃ "They went through hell for the last 20 years. And I see happiness now."

โ€” Tether CEO, Paolo Ardoino
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๐Ÿ—ฃ President Trump says he may control the Strait of Hormuz and the flow of oil.
๐Ÿ”ฎ๐Ÿค” According to Fortune, two early employees of Kalshi are raising up to $35 million for a prediction-market focused venture fund called 5c(c) Capital. The fund is backed by Tarek Mansour, CEO of Kalshi, and Shayne Coplan, CEO of Polymarket, along with investors including Marc Andreessen. It plans to invest in around 20 prediction-market startups over the next two years.
๐Ÿ” Top Networks by Perp Volume in the last 30 days

Perp trading activity remains heavily concentrated, with Hyperliquid leading by a wide margin and edgeX and zkLighter following behind. $HYPE
After 2 months of consolidation, the next big move #BTC is ?
Anonymous Poll
62%
Up
38%
Down
๐Ÿณ #BTC momentum whale inflow reaches 11-year high. This anomaly suggests an active, high-volume phase of capital redistribution and hedging, implying greater price volatility.
๐Ÿ›ข๐Ÿ‡ฎ๐Ÿ‡ท Iran's Parliament Speaker Says 'Fake News' Used to Manipulate Oil Markets - RTRS
๐Ÿ“Š๐Ÿ‘€ #BTC Sentora: This chart provides an interesting perspective at corporate & government bitcoin holdings.

Most sits in funds, led by BlackRockโ€™s iShares Bitcoin Trust. Public company treasuries are next, largely driven by MicroStrategy. Together, these groups now hold ~18.1% of circulating BTC.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ“ Goldman Sachs raises US recession probability to 30%. #macro
๐Ÿ“Š #BTC A sharp spike has appeared in the number of onchain transactions on the Bitcoin network. This indicates increasing social interest in moving Bitcoin across the blockchain. When transaction activity rises significantly and remains elevated, it can signal a shift in price trend, making it worth watching closely.
๐Ÿ‡ซ๐Ÿ‡ท๐Ÿ’ฐ French public company Capital B $ALCPB buys an additional 44 Bitcoin and now holds a total of 2,888 BTC.

Bitcoin 100 Ranking: 28
๐Ÿ“ˆ #ETH Santiment on-chain data indicates that wallets holding between 100-100K ETH accumulated 756.95K in just the past 2 days.
Since ZEC, it's been a long time since we've seen any bigcaps that can gain 400-1000% in a short period.

It does not mean the boring phase will last forever. Once BTC starts a mini green run (20-30%), we will see one or two bigcaps can do similar moves again.

Be sure you prepare to pick the right one.
๐Ÿ—ฃ BlackRock CEO Larry Fink says tokenization could transform finance like the internet did in 1996. #rwa
๐Ÿ’ฐ #TON Telegram has fully repaid its 5-year bonds and reached profitability in 2024. Its latest bond issuance was oversubscribed.
BlackRock CEO Larry Fink says tokenization could transform finance in a way comparable to the internetโ€™s impact in the 1990s.
๐Ÿ”ฎ Axios: Kalshi will ban athletes and politicians from trading.

Bloomberg: Polymarket has introduced new rules prohibiting insider trading.
๐Ÿ•ต๏ธ #ZRO Wintermute withdrew 500,000 ZRO (>1 million $) from Binance.
๐Ÿ’ต 250,000,000 #USDC (250,021,625 USD) minted at USDC Treasury
๐Ÿ’ต 250,000,000 #USDC (250,021,625 USD) minted at USDC Treasury