โก๏ธ Big Bitcoin politics incoming!
Dennis Porter (CEO of SatoshiActFund) teased that major political news for BTC will drop on Tuesday โ potentially reshaping its role in U.S. policy.
Some hint itโs tied to the CLARITY bill, also recently flagged by Coinbaseโs Brian Armstrong. ๐ค
The news could be bullishโฆ but for now, Bitcoin is too busy falling to celebrate ๐
Dennis Porter (CEO of SatoshiActFund) teased that major political news for BTC will drop on Tuesday โ potentially reshaping its role in U.S. policy.
Some hint itโs tied to the CLARITY bill, also recently flagged by Coinbaseโs Brian Armstrong. ๐ค
The news could be bullishโฆ but for now, Bitcoin is too busy falling to celebrate ๐
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๐ณ Big players keep stacking!
โช๏ธ Strategy bought 850 BTC at ~$117,344 each โ now holding 639,835 BTC ($72.1B) with avg. entry $73,971.
โช๏ธCapital B added 551 BTC (โฌ54.7M), bringing its stash to 2,800 BTC.
On the ETH side:
1๏ธโฃ Bitmine boosted holdings to 2.41M ETH (+264,378 ETH).
2๏ธโฃ ETHZilla is raising $350M to scoop more ETH.
Institutions clearly arenโt done buying ๐
โช๏ธ Strategy bought 850 BTC at ~$117,344 each โ now holding 639,835 BTC ($72.1B) with avg. entry $73,971.
โช๏ธCapital B added 551 BTC (โฌ54.7M), bringing its stash to 2,800 BTC.
On the ETH side:
1๏ธโฃ Bitmine boosted holdings to 2.41M ETH (+264,378 ETH).
2๏ธโฃ ETHZilla is raising $350M to scoop more ETH.
Institutions clearly arenโt done buying ๐
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Hack worth $11M โ but karma strikes back ๐ฎ
๐ฅทThe UXLINK protocol was hacked, with attackers draining $11.3M in tokens. Funds were quickly moved to CEX and DEX exchanges.
But hereโs the twist: the hacker himself fell for a phishing scam, losing 542M UXLINK ($48M). ๐
In total, he grabbed 490M tokens ($45M) and minted 2B more ($187M) โ but ended up losing even more than he stole.
Guess he didnโt expect to get rugged by karma ๐คท
๐ฅทThe UXLINK protocol was hacked, with attackers draining $11.3M in tokens. Funds were quickly moved to CEX and DEX exchanges.
But hereโs the twist: the hacker himself fell for a phishing scam, losing 542M UXLINK ($48M). ๐
In total, he grabbed 490M tokens ($45M) and minted 2B more ($187M) โ but ended up losing even more than he stole.
Guess he didnโt expect to get rugged by karma ๐คท
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Altseason is on pause again ๐คท
The Altcoin Season Index from Blockchain Center dropped to 65, below the 75 threshold needed to confirm altseason. Earlier this month it peaked at 78 โ the highest since Dec 2024. ๐ง
Bitcoin is taking the lead: its dominance surged to 58.8%, the strongest since early September. Meanwhile, many alts (PI, ICP, WBT, APT, TAO, XMR, TON, PEPE) lagged behind BTC over the past 90 days.
The Altcoin Season Index from Blockchain Center dropped to 65, below the 75 threshold needed to confirm altseason. Earlier this month it peaked at 78 โ the highest since Dec 2024. ๐ง
Bitcoin is taking the lead: its dominance surged to 58.8%, the strongest since early September. Meanwhile, many alts (PI, ICP, WBT, APT, TAO, XMR, TON, PEPE) lagged behind BTC over the past 90 days.
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๐ง Correction might not be over yet
๐ CryptoQuant analysts note the macro bull market is intact, but in the short term the market looks overheated.
๐ Their models suggest the correction could extend down to the +0.4 SD level before buyers regain control.
In other words โ long-term bullish, but donโt rule out more short-term pain. ๐คท
๐ CryptoQuant analysts note the macro bull market is intact, but in the short term the market looks overheated.
๐ Their models suggest the correction could extend down to the +0.4 SD level before buyers regain control.
In other words โ long-term bullish, but donโt rule out more short-term pain. ๐คท
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๐ณ Coinbase unveils what CEO Brian Armstrong calls the worldโs 'best looking' crypto card
The card features an engraving of Bitcoinโs genesis block, created by Satoshi Nakamoto on Jan 3, 2009, including the famous message:
A sleek tribute linking your spending tool directly to crypto history. ๐
The card features an engraving of Bitcoinโs genesis block, created by Satoshi Nakamoto on Jan 3, 2009, including the famous message:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" ๐ฐ
A sleek tribute linking your spending tool directly to crypto history. ๐
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Ripple suddenly got political and musical clout ๐
Donald Trump Jr. just followed Rippleโs official X account ๐ โ maybe still vibing after Brad Garlinghouseโs wedding last weekend.
And get this: the boss of Ripple had none other than Coldplayโs Chris Martin as the wedding singer ๐๐ค
XRP army now waiting for the honeymoon pump ๐
Donald Trump Jr. just followed Rippleโs official X account ๐ โ maybe still vibing after Brad Garlinghouseโs wedding last weekend.
And get this: the boss of Ripple had none other than Coldplayโs Chris Martin as the wedding singer ๐๐ค
XRP army now waiting for the honeymoon pump ๐
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๐ Public companies with crypto reserves are now buying back their own shares after a sharp drop in stock prices - FT
At least 7 firms launched buybacks, with 5 of them trading below the value of their crypto holdings. ๐ง
Example: ETHZilla โ holding ~$460M in ETH โ saw its stock fall 70% since August. It borrowed $80M against its crypto to fund part of a $250M buyback. ๐ต
Others like SharpLink Gaming (ETH), Ton Strategy (TON) and CEA Industries show the same pattern: stocks moon on crypto purchases, then crash, then trigger buybacks.
Experts warn this may be a sign of market overheating, calling some of these moves a โdeath rattle.โ โ ๏ธ
At least 7 firms launched buybacks, with 5 of them trading below the value of their crypto holdings. ๐ง
Example: ETHZilla โ holding ~$460M in ETH โ saw its stock fall 70% since August. It borrowed $80M against its crypto to fund part of a $250M buyback. ๐ต
Others like SharpLink Gaming (ETH), Ton Strategy (TON) and CEA Industries show the same pattern: stocks moon on crypto purchases, then crash, then trigger buybacks.
Experts warn this may be a sign of market overheating, calling some of these moves a โdeath rattle.โ โ ๏ธ
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Santiment warns of growing FUD: the crowd expects Bitcoin to dump to $70Kโ$100K ๐
Meanwhile, bullish voices calling for $130Kโ$160K are much fewer.
And as we know, markets often move against majority expectations. Soโฆ should we start waiting for BTC at $160K instead? ๐
Meanwhile, bullish voices calling for $130Kโ$160K are much fewer.
And as we know, markets often move against majority expectations. Soโฆ should we start waiting for BTC at $160K instead? ๐
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๐ Brian Armstrong back on Fox Business dropping long-term vibes: BTC to $1M by 2030
Heads up โ heโs all about playing the loooong game, not day-to-day swings. ๐ฐ๐
HODLers, this oneโs for you.
Heads up โ heโs all about playing the loooong game, not day-to-day swings. ๐ฐ๐
HODLers, this oneโs for you.
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โก๏ธ BNB Chain is thinking turbo:
๐น Gas fees could drop from 0.1 โ 0.05 Gwei
๐น Blocks sped up from 750ms โ 450ms
๐น Tx cost ~ $0.005 โ now competing with Solana & Base
BNB Chainโs been slashing fees over the past 1.5 years (3 โ 1 โ 0.1 Gwei). Goal? Keep fees as low as possible while still rewarding stakers >0.5%.
โณ Proposal stage โ validators & users decide next move.
๐น Gas fees could drop from 0.1 โ 0.05 Gwei
๐น Blocks sped up from 750ms โ 450ms
๐น Tx cost ~ $0.005 โ now competing with Solana & Base
BNB Chainโs been slashing fees over the past 1.5 years (3 โ 1 โ 0.1 Gwei). Goal? Keep fees as low as possible while still rewarding stakers >0.5%.
โณ Proposal stage โ validators & users decide next move.
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๐ณ๐ฑ The Dutch parliament is officially debating the creation of a strategic Bitcoin reserve
If approved, the Netherlands could join the list of countries stacking sats on a national level. ๐ ๐
State-level HODL mode: ON. ๐
If approved, the Netherlands could join the list of countries stacking sats on a national level. ๐ ๐
State-level HODL mode: ON. ๐
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๐จ๐ณChinese company Jiuzi just approved a new crypto investment policy with plans to deploy up to $1B into the market! ๐ฐ
๐ At first, theyโll stick to the big three: BTC, ETH, and BNB.
๐ Makes sense โ warm up with the majors before aping into alts.
Could be fresh fuel for the next leg up. ๐
๐ At first, theyโll stick to the big three: BTC, ETH, and BNB.
๐ Makes sense โ warm up with the majors before aping into alts.
Could be fresh fuel for the next leg up. ๐
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Crypto soothsayer
๐ฌ Fast-food chain Steak 'n Shake dropped a new ad โ and of course, Bitcoin takes the spotlight! ๐ฅโฟ
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๐ Steak โn Shakeโs CEO says Bitcoin beats credit cards for them
Bitcoin fixing fast food now?
โWeโre saving 50% on processing fees and seeing a big boost since adding BTC payments.โ โก๏ธ
Bitcoin fixing fast food now?
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