Warren Urges Treasury and Fed to Disavow Any Bitcoin Rescue as BTC Slides 50%

As Bitcoin falls about 50% from October highs, Sen. Elizabeth Warren presses Treasury and the Fed to rule out any taxpayer-funded crypto backstop, spotlighting leverage risks and politics.

Panic Queries Surge as ‘Bitcoin Going to Zero’ Spikes and Fear Gauge Hits Multi‑Year Lows

Google searches for “Bitcoin going to zero” hit highs since 2022 as the Fear & Greed Index sinks to 5. BTC trades near $66.6K, 47% below October’s peak, with markets pricing more downside.

Voltage unveils USD‑settled revolving credit for Bitcoin’s Lightning after $1M institutional payment

Voltage introduces a USD‑settled revolving credit line for the Bitcoin Lightning Network following a $1M institutional transaction, aligning fiat books with Lightning liquidity.

UAE-linked bitcoin miners sit on ~$344M in paper gains, excluding energy costs

Analytics tags tie UAE royal-affiliated mining wallets to roughly $344M in unrealized profit, excluding energy costs. Here’s what that balance signals for miner treasury strategy.

Hacker sends back $21M in BTC stolen from South Korean prosecutors, spotlighting state crypto custody gaps

South Korean prosecutors recovered about $21M in bitcoin stolen from their custody last year after the hacker returned the funds, underscoring weak public-sector crypto custody.

The Daily: Peter Thiel and Founders Fund exit ETHZilla, K33 says bitcoin is approaching ‘late bear market territory,’ and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. ]]>

Goldman Sachs CEO David Solomon says he holds a very small amount of bitcoin

David Solomon says he holds a very small amount of bitcoin, his first public admission. Why a tiny allocation from a Wall Street CEO matters and what it signals for crypto adoption.

Ledn closes $188M bitcoin‑backed bond deal as S&P assigns BBB‑ to most notes

Ledn sold $188M in bitcoin-backed bonds, with S&P rating most notes BBB-. Why this threshold investment grade matters for crypto credit costs, risk, and investor access.

Activist Pushes Bitcoin Miner Riot to Fast‑Track AI Pivot, Seeing Up to $21B Upside

Starboard urges Riot Platforms to speed its AI/HPC shift, projecting $9–$21B from Corsicana and Rockdale and a path to $23–$53 per share. AMD deal and $200M BTC sale hint at intent.

Solomon Presses Crypto To Accept Imperfect Rules, Says He Holds “Very Little” Bitcoin

Goldman Sachs CEO David Solomon backs Treasury Secretary Scott Bessent’s push for a crypto market structure bill, jabs at holdouts to “move to El Salvador,” and signals institutional priorities.