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The initiative, which has been dubbed the “California Breakthrough Project,” is meant to bring innovation borrowed from the private sector into the public sector. Newsom has stressed that California, which could rank as the world’s fourth-largest economy, is the “birthplace of modern tech,” which is why it is capable of bringing “the best and brightest together.” 🚀
About 10 days ago, two Bitcoin addresses, each holding 10,000 BTC, were emptied within minutes of each other on the 4th of July. These wallets had received their respective Bitcoin on April 3rd of 2011, when BTC was trading at a mere $0.78 a piece. One can only imagine the thoughts of the keeper of these ancient coins, perhaps chuckling at the absurdity of the value they now hold. 😂
“We’re going to be involved in both JPMorgan Depositcoin and stablecoins to understand it, to be good at it,” Dimon said during the bank’s Tuesday earnings call. “I think they’re real, but I don’t know why you’d want a stablecoin as opposed to just payment.” Oh, Jamie, always with the existential questions. 🙄
In the weekly timeframe, the ETH/BTC pair continued its bullish trend that began during the second quarter of 2025. According to market data from TradingView, the ETH/BTC pair gained 18 percent in the last four weeks to retest the highest level since March 2025. 📈💸
Meanwhile, in a theater of politics known as the US Congress, they are hosting their little ‘Crypto Week’. Yes, it sounds about as thrilling as a lecture on the history of sandwich making, but leaders are gathering to ponder three lavishly golden bills that promise to sprinkle some fairy dust on the pro-industry dreamers. The elections may seem like a distant mirage, but these bills are up for a vote faster than you can say “cryptocurrency!”
With long-term and short-term holders having a dramatic flair and cashing out like it’s the final act of a Broadway show, we’re left wondering—will our dear accumulators follow suit and dump their treasures?
In case you missed it, Ethereum (ETH) just broke through the big bad $2,819 barrier. This level has been the ultimate party pooper, preventing any serious upside action for ages. But now, it’s gone—like last season’s fashion. This breakout wasn’t a fluke; we saw an impulsive candle strut its stuff, followed by prices dancing above that $2,819 mark. If ETH can keep it together and hold $2,819 as support, we might just have the beginnings of a rally aimed at $3,600. Yeah, you heard me right—$3,600.
According to the latest data from the investment research platform Intel, Vanguard has amassed over 20 million shares of MSTR, which is about 8% of MicroStrategy’s outstanding Class A common stock. This means Vanguard now has an indirect stake in over 200,000 Bitcoin (BTC) held by MicroStrategy, a 26.3% increase between January and April 2025. 🤯
As part of this grand plan, OKX will now support $USDG, a US dollar-backed stablecoin that’s about as stable as a cat on a treadmill. It’s a token released by Paxos, a brand that’s as credible in the digital asset world as a unicorn in a tech conference. OKX made sure to share this news on their official social media page, because why not? 🦄
Suleimenov stated that Kazakhstan will invest a portion of its foreign exchange reserves and gold reserves into crypto. This will also be used on the assets of the National Fund. He said the nation is interested in constructing a diversified portfolio. This portfolio aims to achieve higher investment returns through crypto assets.
