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* New Hampshire and North Dakota are taking MAJOR steps to create strategic Bitcoin reserves.
* Oklahoma has become the FIRST US state to pass a law PROTECTING the right to self-custody of Bitcoin.
The Bitcoin Rights Bill (HB3594) states that citizens cannot be prevented from owning and controlling digital assets through a hardware wallet.
The bill also says that state governments cannot prohibit or restrict the use of cryptocurrencies to purchase legal goods and services.
The law also grants ordinary citizens the right to mine cryptocurrencies, as long as they comply with local noise ordinances.
* Presto Research's study on whale alerts points out that large deposits on exchanges have weak predictive power for price declines.
* Saylor has re-released MicroStrategy's Bitcoin Tracker.
The last 9 weeks they have done this, they have announced a new BTC purchase the next day.
* Foresight Ventures' Twitter account/X has been hacked and is posting false information about cryptocurrencies.
* Trump's US Treasury nominee Scott Bessent HAS REVEALED that he holds over $500,000 in Bitcoin ETF.
* Recently, AICC, which was launched in the form of a whitelist through daosfun, has reached a market value of over $130 million.
* Nate Geraci, president of The ETF Store, said the asset size of Bitcoin spot ETFs will surpass that of physical gold ETFs during the Trump administration.
* Asset Reality, which helps governments professionally dispose of their assets, said the recent approval by the U.S. court was standard procedure.
* Binance has ANNOUNCED a new Megadrop.
Binance has announced the third Megadrop event held by this exchange, on the SOLV Protocol project, a Bitcoin staking protocol that is creating a major BTC-centric financial system.
* The Spanish government recently approved the largest gross debt issue in history. This issue includes both debt to be refinanced and new debt, and in 2025 it will reach 278.448 billion euros, 7.4% more than in 2024 and even above the record to date: 277.1 billion in 2020.
Net issuance, at 60 billion, is also higher than the previous year, and, although it does not reach the record of 100 billion of the disastrous 2020, it shows that we continue to add fuel to the fire of indebtedness, although in percentage terms it is not noticeable because GDP is growing solidly now.
The most striking thing about this decision is that the Treasury has a large surplus of European funds that it has not used due to delays in management or because some of the tenders in the competitions remain uncontested. According to the latest data from September 2024 from various consulting firms, in the General State Administration alone, the rate of resolved awards was 80%, which implies that around 20% of the money we have available from Europe is not being used.
At the end of 2024, the average cost of debt stood at 3.16%, 28 basis points below the 3.44% in 2023.
With an average life of government debt of around 8 years, the most important thing from now on will not be where the ECB sets the interest rate level, but how the cost of long-term financing evolves. And the best example of this is already being seen in the US, where despite the fact that interest rates have been lowered by 100 basis points, the cost of money at 10 years has barely fallen by 25 basis points.
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