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Bitcoin Nears Key Support Level

Bitcoin is approaching the lower support line of the Power Law model that Fidelity has tracked since 2015. At the current price, the support boundary is around $58,000, while the model’s upper limit is near $120,000.

Jurrien Timmer, Director of Global Macroeconomics, described this area as an accumulation zone.

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Musk and Altman clashed publicly again, with Musk calling the OpenAI CEO a "next-level scammer," while Altman reminded him that Musk sells investors the idea of soon launching data centers in space.

Altman then added that Musk's new obsession serves as a great benchmark for GPT-5.6, highlighting a typical exchange between the richest man and a leading AI company head.

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Life of Gen Z

- School is a scam.
- College degree is useless.
- COVID stole prime memories.
- Al replace your jobs.
- Houses cost your soul + 30 years.
- WW3 looks like it’s coming quick.
- And boomers still say you're lazy

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Eric Trump Loses $600M on American Bitcoin Crash

Eric Trump has suffered a paper loss of around $600 million due to the collapse of American Bitcoin shares, according to Bloomberg. After the company debuted on Nasdaq, its stock hit a record low.

Before the crash, Eric Trump's stake was valued at over $600 million, but following the plunge and a reverse split, its worth dropped to about $28 million.

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US inflation (CPI) is 3.5%, down from the previous 4.2%.

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Solo Miner Finds Bitcoin Block with Bitaxe

A solo miner using a Bitaxe device mined block #957,382 on Bitcoin via Public Pool. The reward was 3.1382 BTC (~$200,000).

The device ran about eight hours at under 1 TH/s, with a block chance of once every 18,000 years. This is the second known solo block by a Bitaxe device.

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4.47K views13:04

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Ethereum fell from $2500 to $1750, while gold nearly doubled, cocoa rose over four times, and collectibles like Pokémon cards, LEGO, and Air Jordan sneakers delivered even higher returns.

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Every paycheck you get is evidence that someone else figured out how to monetize your skills better than you did.

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SEC and Hyperliquid Discuss US Crypto Regulation

SEC representatives met with Hyperliquid Policy Center and Sullivan & Cromwell LLP to discuss the future of crypto regulation in the US.

The talks covered regulatory approaches to digital assets, the development of decentralized finance (DeFi), and potential frameworks for crypto platforms operating in the country.

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Binance.US is relaunching after two years of inactivity, aiming for 20% of the US market. CEO Steven Gregory announced ultra-low fees: 0% for makers and 0.02% for takers.

Plans include obtaining licenses for derivatives, perpetual contracts, and prediction markets.

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About one-third of the largest banks are already working with Bitcoin and digital assets, with the current adoption level at 32%.

The new Bitcoin Bank Adoption Index by the president of Strategy shows big money is entering, but the real banking shift to BTC is just beginning.

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Good one btw

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