@Yopaki and @PlebLab Bring Startup Day Yucatán to Mérida, Launch White Paper House as a Builder Hub. https://bitcoinnews.com/press-release/pleblab-merida-bitcoin-startup-day/

🐳 Whales Trade Cold Wallets for Wall Street Convenience Some of Bitcoin’s biggest holders are moving billions into ETFs after July’s rule change allowing tax-free, in-kind transfers. BlackRock alone has converted over $3B of physical Bitcoin into $IBIT shares, while Bitwise and Galaxy see growing demand. These “portfolio trades” let investors swap their Bitcoin for ETF shares, retaining exposure while gaining TradFi perks like collateral use, loans, and easier estate planning. It marks a major shift: whales once financially off-grid are now embracing Wall Street’s convenience, security, and legitimacy.

Gold investors rotating into Bitcoin in real time 👀

TRUMP ON POWELL: "We have a real stiff at the Federal Reserve, I can't help with that, but he's leaving soon." “Inflation has been defeated, even though his rates are too high.”

Japan’s banking sector could soon dive into bitcoin, with the FSA eyeing rules to let banks trade bitcoin, complete with strict risk tests and oversight.

Bitcoin News

Japan Weighs Move to Let Banks Hold and Trade Bitcoin

Japan’s banking sector could soon dive into bitcoin, with the FSA eyeing rules to let banks trade bitcoin, complete with strict risk tests and ov...

NEW: 🇬🇧UK bank NatWest now includes a feature that tracks the carbon footprint of your purchases. While users can currently opt out, the infrastructure to monitor and eventually restrict individual carbon spending through digital IDs and CBDCs is already being built.

KYC is the crime.

The talk of the global financial world right now is gold. The yellow metal has gone parabolic, up more than 60% year to date. For two straight months, it has been on an absolute tear. Prices have ripped through $4K/oz like butter as lines form outside gold dealers from London to Tokyo to New Delhi. People are literally standing in the streets for hours to buy coins, bars, anything they can get their hands on. It is a mix of fear and FOMO along with the creeping realization that fiat currency itself is being debased. Gold now makes up 6% of all global investable assets, its highest share since 1986. Back in 1980, during the last true gold bubble, that number hit 22%. Two decades later, at the peak of Pax Americana, it fell to just one. Now it is climbing again. What is odd is that the dollar is relatively steady. Oil is falling. Long-term Treasury yields are slipping. This is not what you would expect in a typical inflation-hedge rally. Gold does not surge like this unless something underneath the surface is radically shifting. These kinds of moves appear before monetary regime changes. Late 1979, when confidence in the dollar first cracked. 2008, when the credit system collapsed. Early 2020, when the world went into a virus-induced panic. Each time, gold was the first to see it coming. And yet, Bitcoin is still asleep. If this is really the debasement trade, why is Bitcoin not moving? Because behind the scenes, this is about nations getting their ducks in a row for a new order. China is hoarding physical supply, including gold, silver, and rare earths, anything tangible that cannot be sanctioned or defaulted on. India is buying too. And they are buying gold because, to them, the geopolitical risk is the United States. Over the last decade, we have seen this play out before. Gold runs first as the system quietly shifts into crisis-prevention mode before the event hits. Then, when policymakers lose control and are forced to print, Bitcoin takes the lead. There have only been four times in history when Bitcoin was this undervalued relative to gold. Each one marked a generational bottom. We just hit that level again. In the summer of 2020, gold topped and Bitcoin launched from $10K to $50K. Gold is showing us that faith among sovereigns in the dollar standard is eroding. And when the next policy pivot arrives, Bitcoin will be the cleanest, hardest escape vehicle there is. Because despite one being physical and the other digital, Bitcoin still has one absolute advantage over gold: absolute scarcity. Approximately 67% of the world’s gold supply has been mined since 1950, with total gold holdings increasing from 72,000 tonnes to 216,000 tonnes in the last seventy-five years. There will only ever be 21 million Bitcoin. Gold is telling you the storm is coming. Bitcoin is still whispering. But soon, it will not be whispering anymore. And by then, you will be upset if you didn’t take advantage of this opportunity.

The new Florida Bitcoin plan expands beyond BTC. Lawmakers now want NFTs, ETFs, and tokenized assets in the mix, with tighter custody and compliance rules. https://bitcoinnews.com/adoption/florida-bitcoin-reserve-bill-reintroduced/

Mining Bitcoin from the top of the Empire State Building 🗽 From Diana B

You might get fewer fake Coinbase texts soon. Europol just busted a SIM farm-for-hire that powered 49M fake accounts used for global fraud. This enabled smishing text scams that trick victims into clicking malicious links or sharing personal data.

Bitcoin Hashrate hits new all-time high of 1,161 Eh/s🔥

NEW: Andrew Ross Sorkin says gold reaching new all-time highs is “scary,” and even mentions Bitcoin as digital gold. The financial elite still don’t grasp the need for hard money.

Gold is grabbing headlines, but Bitcoin holds the ultimate value proposition. Sign up below for tomorrow’s newsletter on the global flight to hard money. Then join @_Rob_Wallace and Jonathan Pollack from Block live at 11am ET as they break it all down on stream.

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U.S. investigators might have quietly cracked Lubian’s weak wallet code, turning a flaw in Bitcoin key generation into a $15B takedown of Chen Zhi’s empire. https://bitcoinnews.com/legal/us-seized-127k-btc-lubian-prince-group/

US TREASURY: “The radical left has chosen to shut down the United States government in the name of reckless spending and obstructionism. As a result, the U.S. Department of the Treasury's websites will only be sporadically updated until this shutdown concludes.“

NEW: The BULL Wallet is now available worldwide on iOS and Android, including the USA. BULL is Bitcoin-only, self-custodial, open-source, and requires no KYC. Transact seamlessly across the Bitcoin, Lightning, and Liquid Networks using non-custodial atomic swaps for confidential, secure transfers. Connect your Coldcard Q to spend from cold storage via air gapped signing without SD cards or cables. Small Liquid payments can auto-swap to Bitcoin once you reach a customizable threshold, preventing small UTXOs.

NEW: 🇺🇸 Florida lawmakers introduces House Bill 183 to allow the state’s chief financial officer to invest up to 10% of select public funds, including the General Revenue Fund and trust funds, in Bitcoin starting July 1, 2026.

NEW: Powell is asked about the surge in gold and Bitcoin, with the moderator noting Greenspan once viewed gold as a gauge of inflation risk. He dodges, saying he “won’t comment on a particular asset price” and that “inflation is driven by supply and demand.”

NYC’s new Digital Assets and Blockchain Office will give Bitcoin and blockchain companies a single point of contact in the city government, which didn't exist before. https://bitcoinnews.com/legal/nyc-digital-assets-and-blockchain-office/