Plus: Powell’s pausing. Bitcoin’s not
GM. Whether prices are ripe or rotten, we’ve got your daily crop report – no sugar added.
🚀 Bhutan launches a tourism crypto payment system.
🍋 News drops: ransomware gang gets hacked, CZ asks for a pardon + more
🍍 Market flavor today
The Fed kept interest rates the same yesterday for the third meeting in a row, at 4.25% – 4.5%. Just like we thought they would.
And, matter of fact, the Fed doesn’t seem to be planning to lower them anytime soon (even though President Donald Trump wants them to cut rates to help the economy).
Fed Chair Jerome Powell didn’t sound too sure about what to do next, because tariffs made things a bit tricky.
On one hand, tariffs can push prices up (because imported goods get more expensive), which makes inflation worse. That might mean raising rates to fight inflation;
But on the other hand, tariffs can also slow down the economy by making trade harder and more expensive. That could mean lowering rates to help the economy if it weakens.
So, for now, Powell said they “can afford to be patient as things unfold.”
Now, normally, rate cuts = good news for crypto. But the Fed isn’t cutting.
So… why is Bitcoin pumping so hard we can smell $100K again?
👉 After saying no to a similar bill earlier this week, Arizona Governor Katie Hobbs signed a new law that lets the state keep unclaimed crypto and start a Bitcoin Reserve Fund. No taxpayer money or state funds will be used for it.
One day too late to be the first US state to do this – New Hampshire beat them to it – but still, it’s big news!
👉 Trump announced that the US and UK agreed to a “full and comprehensive” trade deal. It’s the first deal since Trump started a trade war with tariffs all over the place.
And since those tariffs have been partly to blame for crypto’s recent sad price action, this deal is giving the market a mood boost.
Basically, Powell’s waiting – but Bitcoin isn’t. I hope. To the moon, please.
🥝 Memecoin harvest
These tokens woke up and chose violence 💥
Data as of 05:00 AM EST.
Check out these memecoins and plenty more here.
No, it’s not just because the place looks like a postcard come to life, the culture is just fascinating, and the flag is sick af.
… Ok, that’s definitely part of the reason. But it’s not all.
Bhutan launched the world’s first national-level tourism crypto payment system in partnership with Binance Pay and DK Bank (Bhutan’s first fully digital bank, licensed by the Royal Monetary Authority of Bhutan).
What that means: if you’ve got a Binance account, you can pay for almost every part of your Bhutan adventure – hotels, tour guides, you name it – using crypto.
This system supports at least 100 different crypto assets, including Bitcoin, USDC, and BNB.
So, the following situation could actually be reality:
“Here’s your wooden phallus souvenir, sir. How would you like to pay?”
(Btw, yes, that’s a thing. Phalluses have deep historic and spiritual meaning in Bhutan – they’re often painted on homes or carved from wood to keep evil away.)
“Thank you, sir. I’ll pay in BNB.”
Craaazy.
This approach removes some of the biggest travel headaches: high transaction and currency exchange fees, worrying whether your international cards will work, and the pain of waiting for payment confirmations.
Instead, you get real-time confirmations, near-zero fees, and a fully licensed local bank handling all the settlements.
And that’s not just cool for tourists – it’s a huge achievement for crypto. Here’s why:
1/ Real-world adoption
We’re not talking about buying a pizza with Bitcoin. This is an entire country letting you pay for your WHOLE trip with crypto.
That’s a level of utility we don’t often see.
2/ National-level integration
This isn’t just some forward-thinking techy business accepting crypto.
This is a government-backed system, which adds credibility and makes the process smoother and safer for users.
3/ Positive signal during regulatory uncertainty
While many governments are still debating how to regulate crypto, Bhutan’s embracing it for a national service.
Strong vote of confidence.
4/ A W for Binance
Binance has been battling some regulatory storms lately.
And partnering with a whole COUNTRY shows that despite the scrutiny, it’s still securing major, credible deals and expanding its real-world presence.
Definitely a power move.
Now, let’s hope other countries hit copy + paste…
Now you’re in the know. But think about your friends – they probably have no idea. I wonder who could fix that… 😃🫵
Spread the word and be the hero you know you are!
🍋 News drops
😳 Some hackers broke into the secret dark website of the LockBit ransomware gang. They leaked almost 60,000 Bitcoin addresses – probably tied to ransom payments. Now, blockchain investigators can use this info to trace where LockBit’s money has been moving.
🙏 Binance founder CZ, who was convicted, says he’s officially asked Donald Trump for a pardon. He said Trump’s past pardons for the three BitMEX founders pushed him to give it a shot.
🏢 There’s a new Bitcoin company in the works called Nakamoto, and it’s getting ready to go public. It’s led by David Bailey – the guy advising Trump on crypto – and he’s already raised $300M to kick things off.
🕵️♀️ Agatha Christie may have died in 1976, but now there’s a digital version of her teaching a writing class through BBC Maestro. The course gives tips for anyone looking to sharpen their writing skills.
😨 Lost access to your Ledger wallet? No worries – we’ve got a simple guide to help you recover it.
