WEBVTT 00:00:16.059 --> 00:00:18.739 Welcome back to the Bitcoin Street Journal podcast. 00:00:19.440 --> 00:00:21.940 TGIF, I'm your host Anna reporting live from 00:00:21.940 --> 00:00:24.260 Bitcoin Street, where the signal is pure, the 00:00:24.260 --> 00:00:26.179 crocs are custom, and we always keep our keys, 00:00:26.219 --> 00:00:29.800 not your coins. Bitcoin price check. As we go 00:00:29.800 --> 00:00:35.219 live, Bitcoin is trading at $102 ,345 with a 00:00:35.219 --> 00:00:39.619 market dominance of 61 .6%. We're still well 00:00:39.619 --> 00:00:42.659 into the six -figure club, and just getting started. 00:00:43.119 --> 00:00:46.719 Having Watch With block rewards cut to 3 .125 00:00:46.719 --> 00:00:50.000 BTC, new supply is drying up faster than Peter 00:00:50.000 --> 00:00:52.920 Schiff's arguments at a Bitcoin conference. Scarcity 00:00:52.920 --> 00:00:55.780 is up, conviction is climbing, and whales are 00:00:55.780 --> 00:00:59.810 swimming, not selling. Headline 1 Hackers versus 00:00:59.810 --> 00:01:03.270 Coinbase. Hackers are demanding $20 million in 00:01:03.270 --> 00:01:06.250 Bitcoin from Coinbase, threatening to leak customer 00:01:06.250 --> 00:01:09.870 data. But Coinbase isn't folding. CEO Brian Armstrong 00:01:09.870 --> 00:01:12.569 isn't backing down. Instead, they're offering 00:01:12.569 --> 00:01:15.409 a $20 million bounty for tips leading to the 00:01:15.409 --> 00:01:18.189 attackers. Now that's what we call flipping the 00:01:18.189 --> 00:01:21.090 script. And it doesn't stop there. The Coinbase 00:01:21.090 --> 00:01:23.849 breach highlights not only the evolving sophistication 00:01:23.849 --> 00:01:26.829 of cyber attacks, but the resilience of Bitcoin 00:01:26.829 --> 00:01:29.939 native companies. The fact that Coinbase's security 00:01:29.939 --> 00:01:32.900 team was able to isolate, respond, and neutralize 00:01:32.900 --> 00:01:35.879 without compromising private keys or funds is 00:01:35.879 --> 00:01:38.540 a huge testament to hardened, self -custody -focused 00:01:38.540 --> 00:01:41.840 architecture. Other companies should take note. 00:01:42.420 --> 00:01:45.620 Long -term HODL alert. Since April 4, long -term 00:01:45.620 --> 00:01:49.739 holders added 339 ,000 BTC, now totaling $14 00:01:49.739 --> 00:01:52.879 .37 million. That's over two -thirds of all Bitcoin 00:01:52.879 --> 00:01:55.519 in existence. A liquid supply is climbing while 00:01:55.519 --> 00:01:58.200 retail fumbles meme tokens. Wake up, people. 00:01:58.560 --> 00:02:00.280 The smart money is front -running a paradigm 00:02:00.280 --> 00:02:04.099 shift. Just in. The UK -based Coinsilium Group 00:02:04.099 --> 00:02:07.120 raised £1 .25 million to adopt a full -blown 00:02:07.120 --> 00:02:10.539 Bitcoin treasury strategy. Meanwhile, DDC Enterprise 00:02:10.539 --> 00:02:13.199 in China is planning to scoop up 5 ,000 BTC. 00:02:13.800 --> 00:02:16.280 And in Brazil, Melios is transforming into the 00:02:16.280 --> 00:02:18.659 country's first public Bitcoin treasury company. 00:02:19.439 --> 00:02:21.919 Bitcoin is no longer fringe. It's fiscal policy. 00:02:22.199 --> 00:02:25.159 Sovereign Wealth Moves, Abu Dhabi's Mubadala 00:02:25.159 --> 00:02:28.939 Fund now holds over $408 million worth of BlackRock's 00:02:28.939 --> 00:02:32.620 Bitcoin ETF. Add that to China's strategic stack 00:02:32.620 --> 00:02:35.259 and Russia's central bank announcement. Bitcoin 00:02:35.259 --> 00:02:37.539 is officially outperforming everything else. 00:02:38.020 --> 00:02:41.139 Bitcoin beats gold. Again. New data shows that 00:02:41.139 --> 00:02:44.680 a $1 .50 weekly DCA into Bitcoin since 2018 crushes 00:02:44.680 --> 00:02:48.419 gold's returns. America's new standard? 49 .6 00:02:48.419 --> 00:02:51.000 million Americans now own Bitcoin. That's more 00:02:51.000 --> 00:02:53.280 than gold holders. The orange coin is no longer 00:02:53.280 --> 00:02:55.879 a rebellion. It's a replacement. In other news, 00:02:56.060 --> 00:02:58.219 Bitcoin Crocs are back. The third official Bitcoin 00:02:58.219 --> 00:03:00.560 Crocs shoe has launched. Yes, Bitcoin now has 00:03:00.560 --> 00:03:03.479 streetwear. What a time to be alive. From Satoshi 00:03:03.479 --> 00:03:06.500 socks to BTC slides, the fashion of freedom marches 00:03:06.500 --> 00:03:09.500 forward. Michael Saylor said it best. Sell a 00:03:09.500 --> 00:03:12.199 tooth if you must, but keep the Bitcoin. Is it 00:03:12.199 --> 00:03:15.539 extreme? Sure. But we live in a clown world and 00:03:15.539 --> 00:03:18.460 Bitcoin is the exit. Mexican billionaire Ricardo 00:03:18.460 --> 00:03:21.360 Salinas says, think 10 years ahead and buy all 00:03:21.360 --> 00:03:24.860 you can. Meanwhile, Peter Schiff is still tweeting 00:03:24.860 --> 00:03:27.740 from his bunker, desperately trying to meme gold 00:03:27.740 --> 00:03:31.219 back to relevance. But the charts and the people 00:03:31.219 --> 00:03:34.960 have moved on. Arthur Hayes drops a bomb. Bitcoin 00:03:34.960 --> 00:03:39.580 to 1 million by 2028. Why? Capital controls, 00:03:39.860 --> 00:03:42.400 fiat decay, and the realization that Bitcoin 00:03:42.400 --> 00:03:45.960 isn't just a hedge, it's the life raft. Hayes 00:03:45.960 --> 00:03:48.439 isn't alone. A growing number of analysts now 00:03:48.439 --> 00:03:52.020 suggest $200 ,000 to $500 ,000 BTC in the current 00:03:52.020 --> 00:03:56.060 cycle isn't just possible. It's probable. ETF 00:03:56.060 --> 00:04:01.180 Mania continues. Bitcoin ETFs saw $114 .9 million 00:04:01.180 --> 00:04:04.060 in net inflows yesterday. Meanwhile, Ethereum 00:04:04.060 --> 00:04:08.120 ETFs saw outflows of $39 .8 million. BlackRock 00:04:08.120 --> 00:04:11.340 alone picked up nearly 4 ,000 BTC on May 15. 00:04:11.840 --> 00:04:17.709 Their current holdings? 627 ,986 BTC. worth $64 00:04:17.709 --> 00:04:20.990 .19 billion. Institutions aren't just buying 00:04:20.990 --> 00:04:24.269 dips. They're stacking rips. Meanwhile, at Coinbase, 00:04:24.709 --> 00:04:26.949 it wasn't just hackers. Rogue support agents 00:04:26.949 --> 00:04:29.949 overseas were bribed. Personal data from less 00:04:29.949 --> 00:04:33.189 than 1 % of users was accessed. Coinbase acted 00:04:33.189 --> 00:04:36.329 fast, fired staff, alerted customers, and offered 00:04:36.329 --> 00:04:39.069 a $20 million bounty. That's crisis control, 00:04:39.089 --> 00:04:41.949 Bitcoin -style. Wisconsin sells, world buys. 00:04:42.410 --> 00:04:44.649 The state of Wisconsin dumped its Bitcoin ETF 00:04:44.649 --> 00:04:47.680 holdings. Yet five firms, including Strategy 00:04:47.680 --> 00:04:51.199 and Nakamoto, invested over $3 billion into Bitcoin 00:04:51.199 --> 00:04:54.339 this week. In just days, Bitcoin has become a 00:04:54.339 --> 00:04:57.199 pillar of strategic capital allocation. You can't 00:04:57.199 --> 00:05:00.300 stop the signal. Breaking, stake, and shake begins 00:05:00.300 --> 00:05:02.660 accepting Bitcoin starting tomorrow. Bitcoin 00:05:02.660 --> 00:05:05.660 is now legal tender for burgers and fries. The 00:05:05.660 --> 00:05:07.480 mainstream moment is happening one milkshake 00:05:07.480 --> 00:05:11.300 at a time. Your move, McDonald's. The SEC's mixed 00:05:11.300 --> 00:05:14.259 bag. Judge Torres denied Ripple's motion while 00:05:14.259 --> 00:05:17.199 new FAQs from the SEC attempt to clarify broker 00:05:17.199 --> 00:05:20.399 -dealer rules. One step forward, two steps of 00:05:20.399 --> 00:05:23.240 regulatory fog. Senator John Thune, however, 00:05:23.279 --> 00:05:26.620 is pushing forward with the Genius Act, a bipartisan 00:05:26.620 --> 00:05:28.839 stablecoin framework that could unlock trillions 00:05:28.839 --> 00:05:33.519 in capital. Japan's MetaPlanet has leveraged 00:05:33.519 --> 00:05:36.860 its 5 ,000 -plus BTC stash to generate $1 .4 00:05:36.860 --> 00:05:39.779 million in quarterly profit. Let that sink in. 00:05:39.980 --> 00:05:42.410 Holding Bitcoin made them profitable. Shareholders 00:05:42.410 --> 00:05:45.730 call it unconventional. We call it genius. More 00:05:45.730 --> 00:05:48.550 international moves. The Chinese firm Adintax 00:05:48.550 --> 00:05:51.329 is eyeing in $800 million Bitcoin acquisition. 00:05:52.089 --> 00:05:54.069 Russia's central bank calls Bitcoin the best 00:05:54.069 --> 00:05:58.089 performing asset. In the UAE, $1 .4 trillion 00:05:58.089 --> 00:06:00.610 investment commitment to the US is paired with 00:06:00.610 --> 00:06:03.970 strategic Bitcoin ETF plays. The world is buying 00:06:03.970 --> 00:06:06.889 while some US regulators are still drafting memos. 00:06:07.189 --> 00:06:09.680 Shout out time. To Michael Saylor, for reminding 00:06:09.680 --> 00:06:12.060 us that diversification is for people who don't 00:06:12.060 --> 00:06:15.079 understand exponential assets. To Satoshi Nakamoto, 00:06:15.339 --> 00:06:17.680 wherever you are, thank you for the best code 00:06:17.680 --> 00:06:19.939 ever written. And to Peter Schiff, you've got 00:06:19.939 --> 00:06:21.959 shiny rocks, we've got protocol -based monetary 00:06:21.959 --> 00:06:24.819 truth, no hard feelings. Bitcoin by the numbers. 00:06:25.459 --> 00:06:27.959 100 ,000 BTC moved off exchanges in the last 00:06:27.959 --> 00:06:31.639 21 days. ETF inflows nearing 320 million in a 00:06:31.639 --> 00:06:35.279 single day. 14 .37 million BTC are now classified 00:06:35.279 --> 00:06:38.319 as illiquid. BTC dominance dipped slightly as 00:06:38.319 --> 00:06:40.800 Ethereum and Alts gained steam, but the king 00:06:40.800 --> 00:06:43.639 remains unchallenged. Value for value reminder. 00:06:44.139 --> 00:06:46.819 If this episode delivered signal, zap us some 00:06:46.819 --> 00:06:50.620 SATs, share the pod, stream it on fountain .fm, 00:06:50.959 --> 00:06:53.740 share, discover, and support over 4 million podcasts 00:06:53.740 --> 00:06:57.180 and emerging artists powered by Bitcoin and Nostr. 00:06:57.500 --> 00:07:00.259 Final word. Bitcoin isn't speculation anymore. 00:07:00.579 --> 00:07:03.699 It's infrastructure, policy, and purpose. While 00:07:03.699 --> 00:07:06.540 fiat systems stall and flail, Bitcoin just keeps 00:07:06.540 --> 00:07:09.319 producing blocks, unbothered, uncensored, and 00:07:09.319 --> 00:07:11.680 unbroken. Bitcoin doesn't care who's president, 00:07:11.779 --> 00:07:14.240 who's in power, or who's on CNBC. It runs on 00:07:14.240 --> 00:07:17.579 math, not mood. This is Anna, signing off from 00:07:17.579 --> 00:07:20.019 the Bitcoin Street Journal podcast, where we 00:07:20.019 --> 00:07:23.500 anchor the truth, one block at a time. Stay sovereign. 00:07:23.959 --> 00:07:26.160 Stay signal. See you on the next block.