β οΈ Ray Dalio warns against Bitcoin over privacy, central bank adoption, quantum risks, and market size. These criticisms were once prevalent when $BTC was at $100.
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π Top 5 News for 24 Hour:
1. Eric Trump buys 11,298 BTC miners for American Bitcoin. β Read full
π 413 | β€οΈ 1 | π 7
2. Iraq closes Rumaila oil field amid Strait of Hormuz tension. β Read full
π 389 | β€οΈ 0 | π 6
3. Trump halts trade with Spain over military base dispute. β Read full
π 283 | β€οΈ 5 | π 5
4. Iranians flock to Bitcoin for safety amid war. β Read full
π 366 | β€οΈ 3 | π 5
5. Machi receives 250K USDC, longs ETH on Hyperliquid. β Read full
π 317 | β€οΈ 0 | π 6
1. Eric Trump buys 11,298 BTC miners for American Bitcoin. β Read full
π 413 | β€οΈ 1 | π 7
2. Iraq closes Rumaila oil field amid Strait of Hormuz tension. β Read full
π 389 | β€οΈ 0 | π 6
3. Trump halts trade with Spain over military base dispute. β Read full
π 283 | β€οΈ 5 | π 5
4. Iranians flock to Bitcoin for safety amid war. β Read full
π 366 | β€οΈ 3 | π 5
5. Machi receives 250K USDC, longs ETH on Hyperliquid. β Read full
π 317 | β€οΈ 0 | π 6
π€ #BTC Indiana Governor Signs Bill Into Law That Allows Bitcoin To Be Invested In State Retirement Plans #regulation link
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β οΈ Vitalik Buterin highlighted the growing issues of government and corporate surveillance, wars, and declining social media. He emphasized that Ethereum's role in enhancing real-world freedom, privacy, and digital security has been limited, advocating for its expansion beyond finance into a broader ecosystem of "sanctuary technologies" that utilize open-source tools to foster resilient digital spaces for communication, collaboration, risk management, and community organization under external pressures. link
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π½ President Trump calls for Congress to pass crypto market structure legislation.
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π³ Core Scientific discloses selling 1,900 Bitcoin in January for $175M, at $92,100 per #BTC. The company anticipates liquidating its remaining 1,000 #BTC stash. link
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π§βπ» The Liquid Federation has grown to nearly 80 member companies and Bitcoin software entities since 2018.
Blockstream Liquid Engineer Bizz.Hodl breaks it down: three boards (membership, technology, oversight) with 15 companies running the functionaries. link link
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Blockstream Liquid Engineer Bizz.Hodl breaks it down: three boards (membership, technology, oversight) with 15 companies running the functionaries. link link
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π΅οΈ In the past 10 hours, Blackrock withdrew 4,376 $BTC ($297.85M) from Coinbase and deposited 567 $BTC ($38.05M) and 7,553 $ETH ($14.7M) to Coinbase.
Total net inflow: 3,809 $BTC ($259.79M). link
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Total net inflow: 3,809 $BTC ($259.79M). link
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π€ Paraguayβs National Electricity Administration (ANDE) has signed a Memorandum of Understanding (MoU) with Morphware to launch the countryβs first government-led Bitcoin mining project. The pilot phase will deploy approximately 1,500 confiscated mining machines, utilizing the country's surplus hydroelectric power resources for compliant mining. #regulation link
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π³ A whale named "gammafund.eth" withdrew 9,000 $ETH worth $17.86M from Binance.
Address: 0xab7deb42caea381effe58e2f669fdefd555db698
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Address: 0xab7deb42caea381effe58e2f669fdefd555db698
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π³ Whale 0xb5C9 sold 67 $BTC ($4.54M) at $67,693 and 3,809 $ETH ($7.49M) at $1,967 four hours ago to repay debt on Aave. link
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π΅οΈ ARQ, a Latin American financial application focused on stablecoins, has raised $70 million in funding, with participation from Sequoia Capital and Founders Fund. Formerly known as DolarApp, ARQ offers multi-currency accounts, digital wallets, foreign exchange services, and debit cards, assisting users with cross-border storage and transfer of funds. #stablecoin link
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π°π·π± South Korean stock market halted after 8% crash, triggering circuit breaker.
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π¦ Ray Dalio, founder of Bridgewater Associates, stated that Bitcoin is not suitable as a long-term store of value or hedge asset due to the lack of central bank support and uncertainty surrounding its privacy protection and quantum resistance. He noted that gold is the "most established money" and the second-largest reserve asset held by central banks. link
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π€ SB Seker, Head of Binanceβs Asia-Pacific region, stated in an interview with Nikkei Asia that Binance plans to acquire five additional regulatory licenses in Asia this year. This will bring its total number of licensed jurisdictions globally to over 20. Currently, Binance holds regulatory authorizations in Australia, India, Indonesia, Japan, New Zealand, and Thailand in the Asia-Pacific region. #regulation link
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