Bitcoin's absolute scarcity is what makes it the ultimate hard money.

Do you interpret this as a big buy announcement incoming tomorrow or is Strategy laying off the Bitcoin accumulation after adding $500M last week?

NEW: 🇸🇪 Sweden’s Justice Minister Gunnar Strömmer has called on authorities to intensify efforts to seize criminal assets, including cryptocurrency, even from individuals not formally under investigation. The controversial law permits confiscation if assets appear disproportionate to a person’s income. Critics have raised concerns over its application, such as a reported case where a woman had $137,000 and a Rolex seized at a Swedish airport. 😬⌚️

NEW: Arthur Hayes predicts a short-term dip in Bitcoin towards $90,000 due to expected liquidity tightening from U.S. Treasury actions tied to Trump’s “Big Beautiful Bill,” legislation aimed at raising the debt ceiling. This act could shrink liquidity by up to $486 billion as the Treasury replenishes its General Account. Despite this, Hayes remains bullish long-term, forecasting that Bitcoin could hit $1 million by 2028. 🌎

NEW: Billionaire Peter Thiel and a group of investors are reportedly launching a new bank, Erebor, to serve startups and crypto firms in the wake of Silicon Valley Bank’s collapse in March 2023, according to the Financial Times. 🏦 “Erebor,” a name derived from the eponymous mountain in The Lord of the Rings, would be the latest in a line of Thiel-related ventures named after Tolkien’s epic. 🧙‍♂️🌋💍

🇸🇻 El Salvador is set to host one of Latin America’s tallest skyscrapers: Tether Tower. Tether CEO Paolo Ardoino has confirmed plans for a 70-story global headquarters in San Salvador, which will also house other digital asset and tech companies.

NEW: Onchain analyst @Sani | TimechainIndex.com says he’s “99.99% sure” the whale who moved 70,000 dormant BTC today is Roger Ver.

NEW: Over 26K new Bitcoin millionaires emerged in H1 2025.

They are going to print an unfathomable amount of money.

NEW: Bessent is asked if he can be both Fed Chair and Treasury Secretary at the same time. Bessent: "Well I think it hasn't been done since 1930 something." CNBC: "That was not a no."