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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

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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

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๐Ÿš€ Brent crude oil surges to $110, rising over 6% today.

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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. link

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๐Ÿ’ต 250,000,000 #USDC (250,047,250 USD) minted at USDC Treasury link

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๐Ÿ†• $BASED1 listed on Coinbase spot link

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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’ธ $2 trillion wiped out from the US stock market this week.

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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.

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๐Ÿ“Œ Top 5 News for 24 Hour:

1. $258M liquidated in 4 hours, $BTC accounts for $118M. โ†’ Read full
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2. NYSE parent company invests $600M in Polymarket. โ†’ Read full
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3. Bitcoin's 200-day moving average exceeds $59k. โ†’ Read full
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4. US dollar bills to feature Trump's signature only. โ†’ Read full
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5. BlackRock deposits $ETH and $BTC to Coinbase Prime. โ†’ Read full
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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ S&P 500 erased $1,000,000,000,000 in market value today.

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๐Ÿ•ต๏ธ 1,047.95 #BTC ($69,148,556)
aggregated inflows to Binance link

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๐Ÿ“Š SEMI-SHOCK: Morgan Stanley's bitcoin ETF will charge 14bps, making it the cheapest spot bitcoin ETF on the market and 11bps cheaper than $IBIT.

This means none of their advisors will feel conflicted using it and they have a shot at getting outside assets. Smart.

Launch probably in the next two weeks. Nice catch on the filing from Marty Party. #etf link

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๐Ÿ—ฃ #BTC President Trump says, "Bitcoin is very powerful."

"So many people now want to pay you in crypto."

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๐Ÿ˜ฑ๐Ÿค‘ Fear & Greed Index for #ETH
๐Ÿณ A whale deposited $4M USDC into HyperLiquid and started buying $HYPE.

So far, it has bought over $2M worth of 56,208 $HYPE and still has a TWAP order to further increase the position, completing in about 10 hours. link

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๐Ÿ’ธ According to Reuters, Coinbase has partnered with mortgage lender Better Home & Finance to enable homebuyers to use Bitcoin or USDC as collateral for down payment loans. This loan is distinct from the Fannie Mae-backed primary home mortgage, allowing buyers to keep their crypto assets intact, thus preserving potential appreciation and deferring tax liabilities. Additionally, as long as payments are made on time, a decrease in the collateral's value will not result in margin calls. link

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๐Ÿณ A whale deposited $4M USDC into HyperLiquid and started buying $HYPE.

So far, it has bought over $2M worth of 56,208 $HYPE and still has a TWAP order to further increase the position, completing in about 10 hours. link

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๐Ÿณ A whale appears to have sold 4,500 $BTC ($295.5M).

NYDIG transferred 4,500 $BTC ($295.5M) to Wintermute, Cumberland, FalconX, B2C2 Group, and Galaxy Digital 8 hours ago, likely for selling. link

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๐Ÿ‡บ๐Ÿ‡ธโš ๏ธ U.S. Senator Elizabeth Warren sent a letter to the Commerce Secretary on Thursday requesting documents related to Chinese mining giant Bitmain to review potential "national security risks." She specifically requested clarification on communications between Bitmain, the Trump family, and the Commerce Department. link

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๐Ÿ”ฎ The next halving is just over 2 years away.

Still plenty of time for some huge changes.

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๐Ÿ™1
๐Ÿ˜ฑ๐Ÿค‘ Fear & Greed Index for #BTC