The Daily Crypto Brief!
GM readers! Let’s go through today’s major headlines from crypto.
Bitcoin Bet Pays Off: $7.8K Becomes a Billion-Dollar Jackpot
A long-lost Bitcoin wallet woke up this week after 14 years and sent out 10,000 BTC in one go—now worth about $1.09 billion.
The wallet originally bought those coins back in April 2011, when Bitcoin cost just $0.78 each. That tiny investment of around $7,800 has now grown more than 140,000 times. An expert from Lookonchain spotted the big transfer and said the entire amount was moved to a mystery wallet, with no small test transactions beforehand.
Bitcoin ETF Inflows Top $600M—First Major Spike Since May
Bitcoin ETFs pulled in $601.8 million on Thursday—the biggest daily jump in over a month. BlackRock and Fidelity led the surge, bringing in over $460 million combined. Ark Invest added $114 million, while some other funds saw little or no activity.
This wave of investment comes as big players bet on looser financial rules under Trump’s expected policy changes. Bitcoin ETFs remain a top choice for big investors looking for crypto exposure without directly handling crypto.
Altcoins Sink as Trade Tensions Rise Under Trump’s ‘Big, Beautiful Bill’
This bill, which just passed Congress, brings big changes to taxes, government spending, and trade policies. It’s packed with controversial ideas that are shaking up both traditional markets and crypto.
What’s in the “Big, Beautiful Bill”? Tax Cuts for the Wealthy and Businesses; New Deductions; Cuts to Welfare Programs; Rollbacks on Clean Energy; Massive Defense and Border Spending. The bill’s sweeping changes—especially the rollback of clean energy support—have rattled tech and crypto investors. Elon Musk, for example, strongly opposed the bill because it affects electric vehicle incentives.
Russia’s Rostec to Launch Ruble-Pegged Stablecoin on Tron Blockchain
Russia’s big weapons company, Rostec, is getting into crypto. It plans to launch a new digital coin called RUBx, which will be backed by real Russian rubles and run on the Tron blockchain.
Alongside RUBx, Rostec will launch a payment system called RT-Pay, which will connect with Russia’s regular banks. This setup will let people and businesses send money digitally, even outside normal banking hours. This move shows Russia is serious about building its own crypto tools to stay financially independent and dodge restrictions from the U.S. and Europe.
That’s all for today’s brief. Have a great weekend!
