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Welcome back, crew 🚀

Gold is back in the headlines — surging toward its all-time high of $3,500. With growing economic uncertainty and a pause in Fed rate hikes highly likely this Wednesday (Polymarket users give it a 97.5% chance)

many are asking: will Bitcoin follow?

While the Fed stays cautious, Bitcoin is being scooped up at a rapid pace. BlackRock’s spot ETF alone bought 10,290 BTC this week, while only 3,150 BTC were mined — signaling a major supply-demand imbalance.

Meanwhile, Metaplanet doubled down, buying 1,112 BTC worth $117.2 million and issuing $210 million in 0% bonds to fund further accumulation. Their holdings now top 10,000 BTC. “Bigger dots are ₿etter,” teased Michael Saylor, who also met with Pakistan’s Finance Minister and State Minister to promote Bitcoin reserves in national strategy.

Crypto sentiment remains strong despite lower whale and retail BTC inflows on Binance, hitting cycle lows according to CryptoQuant. But this isn’t bearish — it signals strong hands are holding in anticipation of more upside. Bitwise’s Jeff Park even claimed that owning 1 BTC is becoming the “new American dream” for younger investors. In contrast, Van Eck’s Matthew Sigel warned Bitcoin treasury companies about “capital erosion” if they continue equity issuance while trading close to NAV. He advises safeguards like pausing ATM programs below 0.95x NAV, executing buybacks, and conducting strategic reviews to avoid shareholder dilution.

The institutional narrative continues to evolve. BlackRock’s COO boldly stated that integrating traditional capital markets with blockchain will define the next decade. HSBC Hong Kong is also ramping up blockchain involvement, pushing innovations in tokenization, digital custody, and blockchain bonds. They anticipate a significant wave of real-world asset (RWA) tokenization on public chains within the next 2–5 years.

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But not all crypto headlines are bullish. A shocking $243M heist in May led to a real-world kidnapping, where criminals abducted the thief’s parents in an attempt to recover the stolen BTC. In another bizarre case, a TikTok crypto trader in France was kidnapped for a €50,000 crypto ransom — but released after the kidnappers found his wallet nearly empty. The world of digital assets still carries very real risks.

CoinTelegraph

Meanwhile, DeFi users are revisiting yield aggregators as ETH and stablecoins rotate across platforms chasing higher returns. While they automate farming and can be capital-efficient, users should remain cautious. These tools come with risks — smart contract vulnerabilities, volatile yields, and unexpected liquidity issues. If you’re diving back in, do your due diligence. Learn more here.

Let’s not forget where we came from. In June 2011, WikiLeaks turned to Bitcoin donations after facing a global financial blockade, raising over 4,000 BTC. And in 2012, BitInstant gave away 100 BTC at a booth — now worth over $10.5 million. Even Warren Buffett’s infamous comment from 11 years ago, saying Bitcoin “doesn’t meet the definition of currency” when it was trading at $600, has aged poorly — BTC is up over 17,400% since.

BTC NOW is up over 17,400% since.

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Here’s a fun challenge for our sharp readers:

🧪 QUIZ TIME — TEST YOUR BITCOIN IQ 🧠

How much % has Bitcoin risen since Buffett’s 2013 criticism?

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What’s Metaplanet’s current BTC holdings?

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How much BTC did BlackRock buy this week?

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👉 Reply to this email with your answers and WIN a shoutout next week! 🎉

To close, here’s a quick look at last week’s ETF flows. Bitcoin ETFs saw $1.37 billion in net inflows, adding 12.71K BTC. Ethereum ETFs followed with $528.2 million in inflows, totaling 192.76K ETH. Institutional demand is clearly growing, and supply is shrinking. What happens next may just surprise the world — again.

Stay ahead. Stay stacking. Stay sovereign. 🧡

it’s always moon or rug.

Your moonORrug crew🚀

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