Bitcoin Magazine
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๐Ÿ—ฃ Peter Schiff states that Bitcoin continues to stay below its 2021 high, despite years of hype and what he refers to as "so-called adoption."
๐Ÿ“‰ Bitcoin falls to $65,845

HODL!
๐Ÿ“ˆ Bitcoin 200wma passes $59k
๐Ÿ‘€ The Bitcoin Fear and Greed Index is now at 13, "Extreme Fear."

Be greedy when others are fearful.
๐Ÿ‡ช๐Ÿ‡บ๐Ÿฆ An European Central Bank paper finds that DeFi governance is highly concentrated, with the top 100 addresses holding over 80% in protocols like Aave, MakerDAO, and Uniswap. Many of these addresses are controlled by protocols or exchanges, leading to concerns about regulatory challenges and the decentralization of DAOs, as delegates dominate voting and approximately one-third of key voters remain unidentified. #regulation
๐Ÿ™‹โ€โ™‚๏ธ๐Ÿ‘€ #LDO The Lido development committee has requested permission to receive LDO using up to 10,000 stETH from the Lido DAO treasury. This is contingent upon the condition that the LDO will be returned to the treasury if market conditions remain favorable.
๐Ÿ“Š #BTC Bitcoin is nearing the "support" level on the Power Law chart, where it has historically increased afterwards.
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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ—ฃ FYI: U.S. Director of Federal Housing says Bitcoin is making homes more affordable.

Who is ready for homes to be backed by Bitcoin?
๐Ÿ•ต๏ธ 2,082.89 #BTC ($137,071,755)
aggregated inflows to Binance
๐Ÿ“Š๐Ÿ‘€ #BNB Binanceโ€™s TradFi perpetuals top $130B in volume as traders flock to crypto exchanges for 24/7 gold and silver trading.
๐Ÿ“Š Genius Terminal announced its first three seasons, with Season 1 nearing completion. The total community allocation is set at 21%, distributed evenly across three seasons at 7% each. Previously, YZi Labs invested tens of millions of dollars in Genius Trading, and CZ joined as an advisor.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ•ต๏ธ U.S. lawmakers unveiled a draft crypto tax bill proposing a stablecoin exemption for transactions under $200 but excluding any #BTC tax exemption. #stablecoin
๐ŸŽฎ #BTC #COIN GameStop discloses that it pledged almost all its Bitcoin ($325M) as collateral on Coinbase as part of a covered-call strategy, without selling any.
๐Ÿš€ Brent crude oil surges to $110, rising over 6% today.
๐Ÿ“Š According to Bloomberg, prediction market platform Kalshi has been approved to operate as a futures commission merchant (FCM) through its affiliate Kinetic Markets LLC, enabling it to offer margin trading. This move aims to improve capital efficiency and attract institutional investors, with the product initially available to institutions and not applicable to event contracts in the near term.
๐Ÿ’ต 250,000,000 #USDC (250,047,250 USD) minted at USDC Treasury
๐Ÿ†• $BASED1 listed on Coinbase spot
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’ธ $2 trillion wiped out from the US stock market this week.
๐Ÿ’ต JUST IN: Circle minted $500M $USDC on Solana in the past 6 hours.

In the last 30 days, they have issued $24.4B in $USDC.
๐Ÿ“Œ Top 5 News for 24 Hour:

1. $258M liquidated in 4 hours, $BTC accounts for $118M. โ†’
๐Ÿ‘ 319 | โค๏ธ 1 | ๐Ÿ” 6

2. NYSE parent company invests $600M in Polymarket. โ†’
๐Ÿ‘ 286 | โค๏ธ 0 | ๐Ÿ” 5

3. Bitcoin's 200-day moving average exceeds $59k. โ†’
๐Ÿ‘ 228 | โค๏ธ 0 | ๐Ÿ” 5

4. US dollar bills to feature Trump's signature only. โ†’
๐Ÿ‘ 233 | โค๏ธ 2 | ๐Ÿ” 4

5. BlackRock deposits $ETH and $BTC to Coinbase Prime. โ†’
๐Ÿ‘ 316 | โค๏ธ 0 | ๐Ÿ” 4

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