šŖ Sats Per Share - 01/08/2025
š Canadian Leadership Shuffle Could Birth Bitcoin Reserve
Big moves brewing up north! With Justin Trudeau potentially stepping down, Bitcoin advocate Pierre Poilievre could step into the PM role. According to industry experts, this could lead to Canada establishing its own Bitcoin reserve. Poilievre's already shown his crypto stripes by buying shawarma with BTC and openly opposing Central Bank Digital Currencies.
š Bitcoin Smashes Through $100K as Bulls Charge Ahead
The king of crypto has crossed the six-figure threshold again. Bitcoin broke past $100K, touching $102,000 before settling into a consolidation phase. Technical indicators are flashing green, though some resistance lies ahead at $102,500 and $103,200. MicroStrategy's not missing out ā they've just added another 1,070 BTC to their stack, bringing their total to a whopping 447,470 BTC.
š® 2025's Crystal Ball: Corporate Bitcoin Adoption Set to Soar
Bitwise CEO Hunter Horsley is painting an intriguing picture for 2025. In a bold prediction, he sees more corporations following MicroStrategy's lead in adopting Bitcoin as a treasury asset. The potential Trump administration's deregulation could fuel this trend, particularly through increased M&A activity in the tech sector. Ironically, this corporate consolidation might drive even more people toward decentralized alternatives.
āļø UK MPs Push for Russian Asset Transfer to Ukraine
In a bold move, British MPs are calling for the transfer of frozen Russian assets to Ukraine. The proposal targets approximately Ā£25.5 billion held in UK accounts, part of a larger $300 billion global freeze. While not crypto-related, this unprecedented financial maneuver could have interesting implications for sovereign wealth management.
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