US Bitcoin Holdings Surge, Oklahoma Proposes Bitcoin Bill, Movement Labs Raises Funds
US Bitcoin Holdings Surge, Oklahoma Proposes Bitcoin Bill, Movement Labs Raises Funds
🇺🇸 Uncle Sam's Bitcoin Shopping Spree
US-based entities have reached a new all-time high in Bitcoin holdings, now controlling 65% more BTC than offshore locations.
Oklahoma State Senator Dusty Deevers has introduced the Bitcoin Freedom Act, which would enable salary payments and general transactions in Bitcoin within the state.
Movement Labs, an Ethereum Layer 2 developer, is finalizing a $100M funding round at a $3B valuation.
This shift in Bitcoin holdings demonstrates growing US institutional adoption, while state-level legislation and L2 development funding indicate expanding crypto infrastructure.
Today in Crypto: 🇹🇷 Turkey now requires ID for crypto transactions over $425 starting Feb. 2025. 📉 Total US Bitcoin ETF outflows hit $1.52B since Dec. 19. 🏦 Special MicroStrategy meeting called to boost share issuance for mega #Bitcoin purchases. cointelegraph.com/news/what-happ…
SUSHI Token Now Available for Cross-Chain Transfers on BRIDGERS
BRIDGERS has integrated SUSHI token into its non-custodial cross-chain protocol. Users can now transfer SUSHI between different blockchains using: - Smart contract-powered execution - Aggregated liquidity from multiple sources - Secure, non-custodial transfers - User-authorized transactions The integration expands BRIDGERS' growing token ecosystem, which recently added support for USD1, NOT, and several other tokens. Visit [dapp.bridgers.xyz](http://dapp.bridgers.xyz) to start transferring SUSHI across chains.
ELLIPAL X Card Partnership Announcement & Giveaway
SWFT is partnering with ELLIPAL to promote their new X Card - the first air-gapped card wallet for cold storage. The partnership includes a 48-hour giveaway of customized X Cards. Key Details: - Air-gapped design for enhanced security - Simple card vault system - Customization options available To participate in giveaway: 1. Follow both @SwftCoin and @ellipalwallet 2. Like and retweet the announcement 3. Share thoughts on the X Card wallet *Contest ends in 48 hours*
SEC Announces Third Crypto Policy Roundtable Focusing on Custody
The SEC will host its third crypto policy roundtable on April 25, focusing on digital asset custody. Industry leaders from **Kraken**, **Fidelity**, **Fireblocks**, and **Anchorage** will participate. Key discussion points: - Wallet security protocols - Brokerage trading frameworks - Investment advisor regulations This follows the April 11 roundtable on trading regulations, which featured Commissioner Mark Uyeda, Hester Peirce, and other notable industry figures. The series of discussions signals increased regulatory engagement with the crypto sector, particularly around custody and trading infrastructure.
Daily GM Report - April 17, 2025
The web3 community continues its daily tradition of greeting each other with 'gm'. Today's greeting was 'gm gm' with a sunny emoji, maintaining the consistent pattern observed since February 2025. Historical data shows a mix of 'gm frens' and 'gm gm' greetings, with sunny weather emojis being the predominant choice, occasionally alternating with coffee emojis. - Pattern consistency since Feb 2025 - Majority sunny emoji usage - Community engagement remains steady
Bitcoin Spot ETFs See Strong Inflows, Zero Outflows
Bitcoin Spot ETFs recorded $76.42M in net inflows with no outflows on April 16, marking a positive shift after a previous 7-day outflow streak. - BlackRock's IBIT led with $38.22M inflows - ARK & 21Shares ARKB followed with $13.42M - Total ETF AUM reached $93.72B - ETFs now represent 5.62% of total BTC supply This performance indicates renewed institutional interest in Bitcoin exposure through regulated products.