For the first time since early March, the altcoin season has finally begun 🔼

You can track this metric using the Altcoin Season Index on this page 📊

Trump suggests Canada should be made America’s 51st state, with Trudeau as its governor if the country can't “survive without taking $100 billion annually from America” 🙂

This is obviously a joke, Trump is simply implying that without tariffs, it seems too easy for Canadians to profit off of American consumers 😊

✅ Altcoin season has finally started, and many coins are growing at double-digit percentages, interestingly most of the top runners are coins from the 2017-2018 cycle 🧪

Daily Digest:

🔸 South Korean President Yoon first declared martial law in the country, then announced he's lifting it

🔸 Grayscale filed to convert Solana trust into spot ETF 💰

🔸 Virgin Voyages announced the company will accept Bitcoin as payment for the new service

🔸 Japanese crypto exchange DMM Bitcoin plans to cease operations after a $300 million hack

🔸 Bitcoin miner Foundry lays off 16% of its staff amid restructuring

🔸 The Bitcoin miner Marathon Digital rolls out advanced ASIC recycling with wind power

🔸 Celsius CEO Alex Mashinsky to plead guilty to two charges in plea deal

🔹 Prices:

🥇 Bitcoin - $96,006 (↑0.1%)
✨ Ethereum - $3,623 (↓0.6%)
🧪 S&P 500 - 6,049 (↑0.05%)
🕗 DXY - 106.34 (↓0.10%)
🌉 Gold - 2,642 (↓0.04%)

23 months ago Bitcoin was trading at $16,600 and people were talking about the death of crypto 👀

Bitcoin dominance down to 54.95% and altcoin season is in full swing 📈

$TRX is leading the growth, TRON is up 90.4% in the last 7 days 🤑

Which altcoins are you most bullish on? Shill your bags in the commends

📰 Russian President Vladimir Putin says Bitcoin and digital assets will continue to develop.

Recently he signed a law that declared Bitcoin and other cryptocurrencies as a legal property in Russia 📝

The French Senate is debating replacing the real estate wealth tax with an "unproductive wealth tax" targeting dormant assets (unused real estate, luxury goods, crypto) 🇫🇷

If the proposed amendment becomes law, it will create an unrealized gains tax that will be a large financial burden for crypto holders 🤬

TLDR: The French Senate may create a tax that will force BTC holders to pay taxes annually even if they don't sell 🤨

Socialist madness that will simply force people to never declare their holdings or move out of France

Which do you think is more like a Ponzi scheme, Bitcoin or the U.S. dollar? 🤔

Bitcoin is often called a Ponzi scheme by those who don't understand how it works, but let's compare it to the world's reserve currency 👇

💵 USD:

• Unlimited supply
• Not backed by anything
• Centrally controlled

💸 Bitcoin:

• Fixed supply
• Backed by energy
• No one can centrally control it

✅ Bitcoin came close to the $100,000 mark again and Ethereum almost reached $3,900, the altcoin season is in full swing with many coins pumping 20% in just one day 🔼

Daily Digest:

🔸 Fed Chair Jerome Powell said "Bitcoin is just like gold, except it's digital. Bitcoin is used as a speculative asset; it's a competitor with gold, not the US dollar

🔸 UK police said they have shut down Russian networks laundering billions for oligarchs, gangs, and spies via crypto 👮

🔸 Trump nominates Paul Atkins to replace Gensler as SEC chair

🔸 Trump considers pro-crypto Perianne Boring and Caroline Pham as CFTC Chairs

🔸 The US government moved $17.2 million in ETH to another wallet

🔸 Citadel CEO Ken Griffin regrets not investing in crypto, claims prices are 100 times higher now 😭

🔸 The French Senate is discussing the idea of taxing unrealized gains on crypto and other “unproductive wealth”

🔸 Russian President Vladimir Putin says Bitcoin and digital assets will continue to develop

🔹 Prices:

🥇 Bitcoin - $98,886 (↑3.4%)
✨ Ethereum - $3,870 (↑7.3%)
🧪 S&P 500 - 6,085 (↑0.59%)
🕗 DXY - 106.33 (↓0.04%)
🌉 Gold - 2,650 (↑0.24%)

Remember: Most altcoins will repeat this fate sooner or later 😅

BITCOIN JUST HIT $100,000 🎉🎉

Did you know the mayor of New York City is paid in Bitcoin? 🇺🇸

"Y’all laughed at me when I first got my Bitcoin. Who's laughing now?" 🥇

You don’t feel euphoric? Usually the craziest part starts when BTC hits the yellow or orange colours on this chart, then you will feel emotional 😃

Donald Trump congratulates everyone with BTC hitting a new milestone, says "you're welcome" 👍

How the UK Pays to Waste Its Own Wind Power 🇬🇧

You’d think having too much wind power would be a good problem, right?

Not in the UK, where they’re spending over £1 billion this year to shut down their own wind farms ⚡️

Why? Because the grid can’t handle the energy. You couldn’t make this stuff up 🤦

While Scotland’s shiny new wind turbines are getting paid to do nothing, gas plants down south are cranking up to keep the lights on.

UK is burning fossil fuels instead of using free wind power. Makes perfect sense, doesn’t it?

The power grid hasn’t kept pace with the country’s renewable goals. So now, taxpayers are spending billions for wasted energy and higher emissions 😁

Brilliant planning

Over $1.09 billion in leveraged longs and shorts have been liquidated in the last 24 hours 👋

Traders longed BTC after we reached $100k, but were severely punished 😭

✅ The price of Bitcoin reached $100,000 for the first time in history, marking a milestone for the crypto market, however, later BTC price corrected to $92k at one point liquidating more than $810 million in leveraged longs 🫡

Daily Digest:

🔸 Circle, the USDC issuer, laid off 6% of its workforce

🔸 Donald Trump congratulates everyone with BTC hitting $100k 🎉

🔸 The “Hawk Tuah” girl launched a meme coin, and... It rugged

🔸 Chinese selfie app developer Meitu has cashed out all of its crypto holdings

🔸 SEC defends amended suit against Binance, CZ over securities claims

🔸 After Bitcoin hit $100k FT Alphaville took a moment to apologize for 13 years of consistently negative coverage 😐

🔸 In the past month, 9 Ethereum ETFs have accelerated their holdings of $ETH, totaling $1.42 billion

🔹 Prices:

🥇 Bitcoin - $97,079 (↓1.7%)
✨ Ethereum - $3,791 (↓1.1%)
🧪 S&P 500 - 6,075 (↓0.19%)
🕗 DXY - 105.72 (↓0.56%)
🌉 Gold - 2,632 (↑0.04%)

Same guy, same chart, 11 years apart 🥹

• In 2013, he was celebrating Bitcoin at $100

• In 2024, he's celebrating Bitcoin at $100,000

Bitcoin has been declared dead thousands of times by hundreds of media outlets, yet here we are 🤑

What happened yesterday was a massive liquidation of late longs 🔽

Bitcoin rose to $103,040 and then plunged 11.3% to $92,000, punishing those who decided to open long positions after the $100,000 breakout 📉

📆 The funny thing about this situation is that this has happened before, the first time Bitcoin topped the $1,000 mark for the first time and the second time at the $10,000 breakout.

Lesson: After the price of an asset reaches a long-awaited price with a round number that serves as an important psychological marker - be prepared for a quick price reversal 👨‍🏫

🇨🇿 The Czech Republic has formally abolished capital gains tax on Bitcoin holdings maintained for over three years, marking a significant step in the country’s approach to crypto regulation.

While the Czech government is incentivizing its citizens to hold bitcoins, the French government is encouraging its citizens not to buy the crypto at all with its socialist approach 🤦‍♂️