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President Trump announced his agreement with Senator Elizabeth Warren on completely eliminating the debt ceiling to avoid the risk of a severe economic crisis He said the debt ceiling is a dangerous tool if placed in the hands of politicians who might exploit it as the consequences could impact not only the United States but the entire world
Trump also supported Senator Warren’s second proposal for a 4 trillion USD spending package but emphasized that the plan should be rolled out gradually in the shortest time possible
He called on both Republicans and Democrats to take action together
“Let’s do this together”$BTC
BRRR…. 🖨️💵💵💵
Trump also supported Senator Warren’s second proposal for a 4 trillion USD spending package but emphasized that the plan should be rolled out gradually in the shortest time possible
He called on both Republicans and Democrats to take action together
“Let’s do this together”$BTC
BRRR…. 🖨️💵💵💵
California moves closer to accepting crypto payments
The state of California has taken a major step toward embracing financial technology as Assembly Bill AB 1180 was passed unanimously in the State Assembly with a 68 0 vote The bill allows state agencies in California to collect fees and process transactions using crypto under the Digital Financial Assets Law DFAL
The agency responsible for implementation is the Department of Financial Protection and Innovation DFPI which oversees financial activities protects consumers and promotes responsible innovation Individuals and businesses involved in crypto in California will be required to register and obtain a license from this agency
If approved by the Senate and signed into law by Governor Gavin Newsom the bill will take effect on July 1 2026 with a pilot program running through January 1 2031
If implemented California will become one of the pioneering states along with Florida Colorado and Louisiana to accept crypto as an official payment method for public services$BTC
The state of California has taken a major step toward embracing financial technology as Assembly Bill AB 1180 was passed unanimously in the State Assembly with a 68 0 vote The bill allows state agencies in California to collect fees and process transactions using crypto under the Digital Financial Assets Law DFAL
The agency responsible for implementation is the Department of Financial Protection and Innovation DFPI which oversees financial activities protects consumers and promotes responsible innovation Individuals and businesses involved in crypto in California will be required to register and obtain a license from this agency
If approved by the Senate and signed into law by Governor Gavin Newsom the bill will take effect on July 1 2026 with a pilot program running through January 1 2031
If implemented California will become one of the pioneering states along with Florida Colorado and Louisiana to accept crypto as an official payment method for public services$BTC
Elon Musk calls for action
Call your Senator
Call your Representative
Bankrupting America is unacceptable
Stop this bill now
He believes a new spending bill should be drafted that does not worsen the deficit and does not raise the debt ceiling by another 5 trillion USD
Elon Musk also supports a proposal to ban all sitting members of Congress from seeking re election if the budget deficit exceeds 3 percent of US GDP
Currently Elon Musk is publicly opposing and trying to take down the budget bill supported by President Trump#MyCOSTrade
Call your Senator
Call your Representative
Bankrupting America is unacceptable
Stop this bill now
He believes a new spending bill should be drafted that does not worsen the deficit and does not raise the debt ceiling by another 5 trillion USD
Elon Musk also supports a proposal to ban all sitting members of Congress from seeking re election if the budget deficit exceeds 3 percent of US GDP
Currently Elon Musk is publicly opposing and trying to take down the budget bill supported by President Trump#MyCOSTrade
President Trump said he spoke with President Putin for over an hour about Ukraine’s attack on parked Russian aircraft Putin warned of a strong retaliation
Trump said that although the conversation was constructive it did not lead to peace. $BTC
Trump said that although the conversation was constructive it did not lead to peace. $BTC
SEC Commissioner Hester Pierce spoke out about the controversial decision made by the SEC in February when the agency stated that meme tokens are generally not considered securities The announcement came at the same time as President Trump and his wife launched their own meme token raising public concerns about possible political connections
Commissioner Pierce explained that since meme coins are attracting significant attention the SEC needed to make a clear statement She emphasized that investors should not expect protection from the SEC in this area because memecoins are not classified as securities$TRUMP $m
Commissioner Pierce explained that since meme coins are attracting significant attention the SEC needed to make a clear statement She emphasized that investors should not expect protection from the SEC in this area because memecoins are not classified as securities$TRUMP $m
Fidelity asset management group with assets under management up to 4.9 trillion USD recently released a new report making the case that businesses should start accumulating bitcoin in their treasuries
In recent years many large companies have begun putting bitcoin into corporate treasuries This is driven by rising inflation fluctuating interest rates and declining cash value With limited supply and publicly verifiable scarcity bitcoin is seen as an asset that can hedge inflation and preserve purchasing power in the long term
Companies like MicroStrategy 214400 BTC Block Inc 8027 BTC Stone Ridge and Semler Scientific have all purchased bitcoin as reserve assets This trend is further supported by clearer regulations such as the approval of Spot ETF in the US along with new accounting rules allowing businesses to record the fair market value of bitcoin
From an asset once considered speculative bitcoin is gradually becoming a strategic choice in corporate treasury management helping companies hedge inflation and diversify investment portfolios in an uncertain economic environment #btc $BTC
In recent years many large companies have begun putting bitcoin into corporate treasuries This is driven by rising inflation fluctuating interest rates and declining cash value With limited supply and publicly verifiable scarcity bitcoin is seen as an asset that can hedge inflation and preserve purchasing power in the long term
Companies like MicroStrategy 214400 BTC Block Inc 8027 BTC Stone Ridge and Semler Scientific have all purchased bitcoin as reserve assets This trend is further supported by clearer regulations such as the approval of Spot ETF in the US along with new accounting rules allowing businesses to record the fair market value of bitcoin
From an asset once considered speculative bitcoin is gradually becoming a strategic choice in corporate treasury management helping companies hedge inflation and diversify investment portfolios in an uncertain economic environment #btc $BTC
Elon Musk warns interest payments are eating up the US budget
25 percent of the US government revenue is used only to pay interest on debt If the huge deficit spending continues as it is now in the near future the budget will no longer have enough for any other expenses including social security healthcare or defense everything will be cut leaving only money to pay interest
PS Only one person controls interest rates and that person is not the US President.$DOGE
25 percent of the US government revenue is used only to pay interest on debt If the huge deficit spending continues as it is now in the near future the budget will no longer have enough for any other expenses including social security healthcare or defense everything will be cut leaving only money to pay interest
PS Only one person controls interest rates and that person is not the US President.$DOGE
JPMorgan bank will allow global clients to use crypto ETF as collateral for loans starting with BlackRock Bitcoin ETF This is an important step showing the bank begins to recognize digital assets as part of traditional financial assets even though CEO Jamie Dimon remains anti Bitcoin
Clients can pledge bitcoin ETF similar to stocks or bonds and the value of crypto will also be counted in total assets when evaluating loan applications. $BTC
Clients can pledge bitcoin ETF similar to stocks or bonds and the value of crypto will also be counted in total assets when evaluating loan applications. $BTC
Michael Saylor’s company, Strategy₿, is currently holding a $22.7 billion profit from its Bitcoin investment. $BTC
#MichaelSaylor
#MichaelSaylor
Summary of Bitcoin Ownership Distribution as of May 12 2025 based on the maximum supply of 21 million BTC
Ownership Breakdown
• Individuals 14.32 million BTC 68.2% 👤
• Funds & Spot ETF 1.34 million BTC 6.4% 📊
• Corporations 1.07 million BTC 5.1% 🏢
• Governments 316 thousand BTC 1.5% 🏛️
• Satoshi 968 thousand BTC 4.6% 👤🧑💻 – estimated to be coins mined by the founder since 2009 that remain unmoved
• Other organizations 266 thousand BTC 1.3% ⚙️ – including assets in bankruptcy and BTC locked in smart contracts
• Lost Bitcoin 1.58 million BTC 7.6% ❌ – estimated based on UTXO age
• Unmined Bitcoin 1.14 million BTC 5.4% ⛏️ – the remaining BTC yet to be mined
Key Highlights
• Most Bitcoin is currently held by individuals 👥
• A significant amount has been permanently lost or is inaccessible 🔒
• $BTC Although institutions including Funds Corporations and Governments are increasing their purchases total ownership remains relatively small compared to individuals
If institutions want to continue buying Bitcoin the main supply they will need to target will come from individual holders. #btc
Ownership Breakdown
• Individuals 14.32 million BTC 68.2% 👤
• Funds & Spot ETF 1.34 million BTC 6.4% 📊
• Corporations 1.07 million BTC 5.1% 🏢
• Governments 316 thousand BTC 1.5% 🏛️
• Satoshi 968 thousand BTC 4.6% 👤🧑💻 – estimated to be coins mined by the founder since 2009 that remain unmoved
• Other organizations 266 thousand BTC 1.3% ⚙️ – including assets in bankruptcy and BTC locked in smart contracts
• Lost Bitcoin 1.58 million BTC 7.6% ❌ – estimated based on UTXO age
• Unmined Bitcoin 1.14 million BTC 5.4% ⛏️ – the remaining BTC yet to be mined
Key Highlights
• Most Bitcoin is currently held by individuals 👥
• A significant amount has been permanently lost or is inaccessible 🔒
• $BTC Although institutions including Funds Corporations and Governments are increasing their purchases total ownership remains relatively small compared to individuals
If institutions want to continue buying Bitcoin the main supply they will need to target will come from individual holders. #btc
Starting from January 1 2026 all crypto exchanges and wallets operating in the UK will be required to submit detailed transaction records to HMRC. Each record must include:
• The customer’s name address and tax identification number
• The type and quantity of crypto assets involved
• Legal entity information if the customer is an organization
Providing incorrect or incomplete data may result in fines of up to £300 per customer. HMRC recommends that businesses begin collecting this information now to ensure compliance. Unlike the EU the UK does not require foreign stablecoin issuers to register nor does it impose a cap on the volume in circulation.$BTC
• The customer’s name address and tax identification number
• The type and quantity of crypto assets involved
• Legal entity information if the customer is an organization
Providing incorrect or incomplete data may result in fines of up to £300 per customer. HMRC recommends that businesses begin collecting this information now to ensure compliance. Unlike the EU the UK does not require foreign stablecoin issuers to register nor does it impose a cap on the volume in circulation.$BTC
#broccoli I’d like to share a bit about a pretty interesting meme coin project that recently caught my attention — Broccoli (BROCCOLI). This project started from what seemed like an ordinary post by CZ (former CEO of Binance), who shared a picture of his dog named Broccoli on February 13, 2025. What seemed like just a cute moment quickly turned into a trend, as the crypto community wasted no time creating a token inspired by it.
What impressed me is that despite having no backing from VCs or major influencers, BROCCOLI gained traction incredibly fast thanks to the power of community. The token is built on the Binance Smart Chain (BSC), with a total supply of 1 billion, a renounced contract, and locked liquidity — which adds transparency and reduces the risk of rug pulls.
In just one day, one version of BROCCOLI reached a market cap of over $140 million — an insane number for a brand-new meme coin. On top of that, they created a fun narrative called “The Hege Story” which unlocks at different market cap milestones — a creative and engaging touch.
In summary, Broccoli isn’t just another trendy meme coin; it shows how strong and fast-moving the crypto community can be, even starting from something as simple as a dog photo. That said, since this is a meme coin, I’d still recommend doing your own research, avoiding FOMO, and only investing what you’re willing to lose.
What impressed me is that despite having no backing from VCs or major influencers, BROCCOLI gained traction incredibly fast thanks to the power of community. The token is built on the Binance Smart Chain (BSC), with a total supply of 1 billion, a renounced contract, and locked liquidity — which adds transparency and reduces the risk of rug pulls.
In just one day, one version of BROCCOLI reached a market cap of over $140 million — an insane number for a brand-new meme coin. On top of that, they created a fun narrative called “The Hege Story” which unlocks at different market cap milestones — a creative and engaging touch.
In summary, Broccoli isn’t just another trendy meme coin; it shows how strong and fast-moving the crypto community can be, even starting from something as simple as a dog photo. That said, since this is a meme coin, I’d still recommend doing your own research, avoiding FOMO, and only investing what you’re willing to lose.
Coinbase was attacked during which hackers stole sensitive customer data including full names addresses phone numbers email addresses masked Social Security numbers only the last four digits visible masked bank account information government issued ID images account balances transaction history and some internal company documents
The hackers are demanding a 20 million dollar ransom in Bitcoin and are threatening to publicly release the data if their demands are not met
CEO Brian Armstrong stated that the company will not pay the ransom and is offering a 20 million dollar reward for information leading to the identification and capture of the attacker #coinbase $BTC
The hackers are demanding a 20 million dollar ransom in Bitcoin and are threatening to publicly release the data if their demands are not met
CEO Brian Armstrong stated that the company will not pay the ransom and is offering a 20 million dollar reward for information leading to the identification and capture of the attacker #coinbase $BTC
Jack Mallers’ company Twenty One Capital (backed by SoftBank and Tether) has just purchased 4.812 BTC worth $458.7 million.$BTC
Bitcoin ownership is gradually shifting away from individuals and into the hands of institutions including corporations ETFs and governments in 2025. $BTC
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