Blockhead Daily Digest — News — Donald Trump — Bitcoin — United States — Joe Biden — Gary Gensler — Kamala Harris
"Trump Trade," Fed Pivot Are Making Bitcoin Great Again
The dollar could suffer if former US President Trump returns to the White House in November. This is positive news for Bitcoin.
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Japan's $97 Billion Intervention Fails; Bitcoin's Resilience Faces Critical Test
Japan’s $97 billion yen intervention has slowed the currency’s slide, but done little to change its trajectory. If the BOJ is forced to hike rates, the resulting carry-trade unwind could hit Bitcoin and global liquidity hard.
A Hollow Recovery?
Bitcoin has recovered 31% from its lows, but the capital behind that recovery remains questionable. Whale accumulation is rising while retail distributes, stablecoin growth stays muted and leveraged derivatives drive volume—leaving $77,000 as the next critical test.
The ColdCard "Hack" Should Not Be Called Theft
ColdCard’s security failure exposes an uncomfortable truth about self-custody: if private keys are meant to be the final authority, users cannot invoke the legal system whenever that authority produces an outcome they did not intend.
JP Morgan Is Weighing Its Own Stablecoin – Here's Why the Bank That Resisted Longest Just Moved
Three separate bank-led stablecoin efforts surfaced within days of each other this week, and JP Morgan's internal review shows how completely the competitive incentives have flipped since Jamie Dimon called stablecoins pointless little over a year ago.
Latest
SEC Proposes Overhaul of Transfer Agent Rules, Naming Blockchain Directly
The proposal stops short of creating a separate category for onchain transfer agents, opting instead to write blockchain recordkeeping into the existing rulebook that has governed the role since paper stock certificates were standard.
Licensed to Shill: Taiwan's Banks & AI Hardware Makers Could Fuel Asia's Largest Stablecoin Corridor | Justin Wang, Capital Layer
Wang says manufacturers selling AI devices into Latin America are paying up to 11% in local transfer fees, the gap Capital Layer is betting stablecoins can close.
Ethena Launches Ethena Pay, a Self-Custodial Neobank Built Exclusively on Avalanche
The app gives Ethena's USDe stablecoin a route into everyday spending just as the token's circulating supply has fallen by more than 70% from its September 2025 peak.
21 Banks Including Citi, Goldman Sachs, Bank of America Commit to Joint Stablecoin Venture
The consortium has grown from an initial ten banks announced last October, and its formal commitment now sits alongside, not inside, JP Morgan's separate internal review of issuing its own stablecoin.