This cycle, bitcoin is leaving "crypto" in the dust.
Source: Tuur Demeester @TuurDemeeste
Czech Central Bank Plans Bitcoin Reserve
Source: Bloomberg thru Willem Middelkoop
Bitcoin ETFs bought $4.2 BILLION bitcoin in the last 7 trading days.
$150b annual run rate... That's almost 4x the 2024 inflows. Source: Bitcoin Archive
JUST IN: Senator Cynthia Lummis appointed as chair of the Senate Banking Subcommittee on Digital Assets.
She wants to "urgently pass" legislation for a Strategic Bitcoin Reserve Source: Bitcoin Magazine
United States banks can now officially hodl Bitcoin.
The SEC's Accounting Bulletin No. 121 required banks to treat Bitcoin as a liability, making it costly and impractical. Today’s repeal means banks can buy and custody Bitcoin, like other assets. Source: Documenting Bitcoin
Will the National Digital Asset Stockpile only be denominated in bitcoin?
One week ago, the NY Post reported that President Trump is considering "prioritizing digital coins founded in the US.” This would include coins like Solana, USDC, and Ripple. Source: The Kobeissi Letter
New research published in the The Journal of Cleaner Production reports
"The findings of this study show that bitcoin mining can be used as an efficient alternative to extract added profits from various planned renewable energy facilities in the US." Source: Documenting ₿itcoin
BREAKING: Google Trends interest about bitcoin are currently at their highest level since 2021.
Worldwide searches for the Bitcoin have doubled over the last several weeks. However, search interest is still below the December 2017 peak and spikes seen in 2019 and 2021. Since November 1st, Bitcoin prices have surged 42.5% and are trading near $100,000. Source: The Kobeissi Letter
