Ladies and gentlemen of Bitcoin Street, it's
time to buckle your seatbelt, secure that hardware
wallet, and grab the finest orange juice Saties
can buy because we are back broadcasting across
the Nostra Galaxy, the RSS rabbit hole, and the
YouTube time chain with the Bitcoin Street Journal
podcast. Today's top story, when you finally
become the whole coiner in the family. You know
that moment. Your cousin is still shilling index
funds, your brother -in -law just maxed his Roth
IRA with bond ETFs, and your sister's bragging
about her high -yield savings account. But you?
You're sitting at Thanksgiving like a digital
asset warlord with your full Bitcoin. No KYC.
No regrets. You are him. You are her. You are
whole coin or prime. But hold up. This isn't
just a personal milestone. It's a geopolitical
one. Because President Trump's executive director
is now saying it out loud, the United States
wants to win the space race to accumulate as
much Bitcoin as possible. Let that sink in. The
new space race isn't Mars. It's not satellites.
It's not weapons. It's who can stack more sats
faster than the fiat system collapses under its
own bloated spreadsheet. And spoiler, the ETFs
are winning. Market metrics, BTC price plus dominance.
Let's check the vital signs before we dig in
deeper. Bitcoin price, $107 ,942. Market cap
dominance, 53 .6%. Supply on exchanges, a record
low under 7 .1%. Percentage of Bitcoin unmoved
in the last year, 63%. A new all -time high for
HODL conviction. ETFpocalypse. It's happening
faster than anyone expected. SpotBitcoin ETFs
bought 26 ,700 BTC just in the first few weeks
of May. And miners? They've only produced 7 ,200
in that same time. Ladies and gentlemen, we now
have a full -blown supply crunch. BlackRock alone
added 1 ,250 BTC this week and now holds over
633 ,000 BTC worth $66 billion. That's not just
accumulation. That's invasion. Corporate America
is hoovering up Bitcoin like it's wartime steel.
Even MetaPlanet in Japan added 1 ,004 BTC this
week. Their total stack is now 7 ,800 BTC, and
their stock just leapfrogged Toyota, SoftBank,
and Nintendo in trade volume. El Salvador quietly
stacking up to $644M in BTC reserves, sixth largest
sovereign holder on Earth. Steak and Shake even
posted a rocket ship GIF. So if you were wondering
when Normie Brands would get on board, congrats!
We're officially in the burger joint goes interstellar
phase of Bitcoin adoption. Michael Saylor versus
the mob. MicroStrategy, excuse us, Strategy,
dropped another $7 ,390 BTC this week for a cool
$764 million, pushing their total holdings to
$576 ,230 BTC. That's over $1 .40 billion in
raw digital gold. But wait, what's that sound?
Oh right, that's the sound of the SEC, a class
action lawsuit, and half of Wall Street foaming
at the mouth. The charge? Alleged misleading
disclosures around Sailor's aggressive Bitcoin
treasury tactics. Our take? If buying BTC at
every price point since $1 .10 ,000 is a crime,
then Sailor is guilty of being a legend. The
man has a 16 .3 % YTD yield, an average buy price
of $69 ,000, and he's now in the S &P 500 qualification
zone. Respect? Custody is political. Jamie Dimon
of JP Morgan Chase, yes, the man who once called
Bitcoin a fraud, just said his clients can now
buy Bitcoin. But wait, he refuses to custody
it. Translation? You can buy the digital asset
I told you not to buy, but... I won't hold it
for you because I don't want your private keys
getting anywhere near my fiat throne. Meanwhile,
an Australian judge ruled that Bitcoin is legally
money, potentially exempting it from capital
gains tax. Imagine that. Clarity from the courts
while US regulators delay every ETF decision
like a broken vending machine. Plastic goes peer
to peer. Now to the future of spending. Visa
and MasterCard just went full on crypto. They've
partnered with Aqua Wallet and MoonPay to launch
Bitcoin and stablecoin spending cards usable
at 150 million -plus merchants worldwide. Stablecoin's
at the gas pump. Saytee's at your smoothie shop.
Permissionless peer -to -peer commerce is live
on the rails of TradFi. It's not quite lightning,
but it's a start. Global game theory goes nuclear.
Let's connect the dots. Trump's executive director
says we're in a Bitcoin space race. The Texas
House is debating a state -run Bitcoin reserve.
US senators are publicly saying Bitcoin ETF issuers
will be the largest holders of US treasuries
on earth. You heard that right. The people selling
debt will be holding the hardest money on the
planet. If that's not poetic justice, I don't
know what is. Meanwhile, the Genius Act, a bill
to regulate stablecoins, is moving fast through
the US Senate. Circle wants to IPO, Ripple's
trying to buy them, and CZ is out here reminding
us that not investing in crypto is also risky.
Amen. Ethereum and the altcoin side quest. Let's
not forget the rest of the digital asset arena.
Ethereum saw 205s in ETF inflows post -PECTRA
upgrade. Solana's bleeding a bit with weekly
outflows under $1 million. Tron passed Ethereum
in USDT circulation. That's right. Justin Sun's
blockchain is now the world leader in stablecoin
volume. Pi Network just hit a new all -time high,
but apparently it's not what you think. And in
altcoin news that makes us wonder how this is
still legal, CRO dumped 6 % despite a major partnership,
and XRP futures are now live on the CME. But
here's the TLDR. Bitcoin dominance is back, and
everything else is background noise until we
break $110k. Bitcoin culture conviction and the
whole coin are creed. So let's go back to where
we started. 63 % of all Bitcoin hasn't moved
in over a year. That's the highest level of conviction
in history. Santiment reports just 4 .9 % of
Ethereum and 7 .1 % of BTC remain on exchanges.
A generation of hodlers, stackers, plebs, and
sovereign individuals are locking in their stacks
like it's wartime rationing. This is not a bear
market. This is not sideways. This is the beginning
of the end of fiat. And when you realize your
single Bitcoin puts you ahead of 99 .9 % of Earth,
you stop asking permission and you start living
differently. That's why we say it here. every
single week. Teach your kids about money before
the state does. Big shout out to every pleb out
there stacking quietly, to the guy selling eggs
for sats, to the girl mining with a USB stick,
to the node runners, the zap streamers, the meme
lords on Noster. You are the resistance. You
are the Bitcoin street. And if this show gives
you value, return the favor. We're value for
value. Zap us on Fountain, toss us some sats
on Noster, and share the signal. Don't just consume,
contribute. Fountain .fm now powers over 4 million
podcasts and emerging artists. Discover, share,
and support the content that moves you. Powered
by Bitcoin and Nostr. Closing thoughts. The news
cycle is accelerating. The institutions are here.
Governments are scrambling. Retail is still in
disbelief. And the having cycle is barely getting
started. We're not in the first inning. We're
in the eye of the storm. This is your weekly
dose of reality in a clown world of fiat fog.
This is the Bitcoin Street Journal podcast. I'm
Anna, signing off. Stay sovereign, stay orange
-pilled, and as always, zap responsibly.