NEW: Fintech company GSTechnologies Limited has adopted a Bitcoin treasury reserve policy, allocating a significant portion of its cash reserves to Bitcoin. image
Despite massive ETF inflows and surging institutional demand, Bitcoin’s price remains stuck in a tight range. According to CNBC, the buy pressure is being offset by mega whales (like early Chinese miners from 2013) who are aggressively selling from wallets holding 1K–10K BTC.
NEW: Ledger is phasing out the Ledger Nano S, the best-selling crypto hardware wallet in history. They caution that ongoing support for the Nano S is not guaranteed and are urging users to upgrade, requiring them to re-enter their seed phrase into a new device. This process exposes users to phishing risks. A Ledger data leak has already led to a surge in targeted scams, including fake but official-looking letters sent by mail, prompting users to enter their seed phrase into fraudulent devices. image
Many believe HB 2324 is a law enforcement and asset management bill, rather than a bitcoin investment tool. https://bitcoinnews.com/legal/arizona-hb-2324-bitcoin-reserve-fund/
BREAKING: Fannie Mae and Freddie Mac have been ordered to prepare to count cryptocurrency as a mortgage asset. “Thank you President Trump for making the USA the crypto capital of the world.” – U.S. Federal Housing Director image
JPMorgan CEO Jamie Dimon: “Bitcoin is a fraud, in 10 years from now it will be closed down." image
NYC just chose a socialist nepo baby as front runner to lead America’s financial capital. Zohran Mamdani is promising a lot of free stuff, but the real problem isn’t capitalism. It’s broken money.
JUST IN: 🇺🇸 Congressman Ritchie Torres says that "the value of Bitcoin is more secure than the value of gold." "Bitcoin is going to be a force to be reckoned with 100 years from now."
Zac Guignard explains how Canada’s Learning Bitcoin Conference is empowering the next generation with hands-on tools, freedom tech, and a fresh take on digital money education. https://bitcoinnews.com/interviews/canada-learning-bitcoin-zac-guignard/
AOC inquires if RFK Jr has any financial conflicts of interest AOC: “You have no financial interest in any lawsuit or crypto?” RFK Jr.: “Oh, crypto? I own Bitcoin.”