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

This is not a 💩 coin. This is the world’s third most utilized industrial metal.

JUST IN: White House Crypto Report to be revealed later today will not include details on the Strategic Bitcoin Reserve.

Because bitcoin payments can move across borders almost instantly, businesses can now sell to international customers without going through traditional banks or paying high cross-border fees.

Bitcoin News

PayPal Now Allows US Businesses to Accept Bitcoin Payments

PayPal’s launch of 'Pay with Crypto' comes on the heels of the Genius Act, which provides a clear framework for stablecoins.

JUST IN: Jack Mallers says his new company, XXI, will be a competitor to both Strategy and Coinbase 👀

Today, just two weeks after the GENIUS Act became law, a US delegation led by Rep. French Hill visited President Milei in Argentina. They then met with Lemon, the country’s top crypto wallet, to discuss stablecoin adoption and the future of digital finance in emerging markets.