NEW: 🇩🇿 Algeria bans all Bitcoin and cryptocurrency activities, including trading, ownership, and mining. Violations face 2-12 months in prison and/or fines of 200,000-1,000,000 dinars ($1,500-$7,700).

Authorized participants (typically big institutional investors and banks) can now exchange ETF shares for bitcoin instead of cash, building a deeper and more dynamic market. https://bitcoinnews.com/markets/sec-in-kind-redemptions-bitcoin-etfs/

“A Bitcoin ASIC is like a Jeep. An Nvidia Blackwell? That’s a Bugatti.” HIVE Digital Tech Chairman Frank Holmes joins to break down: 🔸 Bitcoin mining meets AI 🔸 Why miners make elite Bitcoin treasuries 🔸 Dynamics of dollar diplomacy Watch the full video 👇

Zoom out. Bitcoin has only been above $112K for 4 weeks of its entire existence.

Matthew Pines: "It's a marquee event in the history of America's approach to digital asset policy and Bitcoin in particular." From The White House