Vance champions Bitcoin at Las Vegas Conference, Trump Media secures $2.5B to buy bitcoin, Blackrock warns of quantum hack risk, and more in this Week in Review.
Vance Champions Bitcoin in Vegas, Trump Media Secures $2.5B to Buy Bitcoin, and More — Week in Review
WRITTEN BY
SHARE
Week in Review
U.S. Vice President J.D. Vance announced the end of “Operation Chokepoint 2.0” and voiced strong support for Bitcoin at a Las Vegas conference, while Trump Media revealed a $2.5 billion plan to build a Bitcoin treasury. Meanwhile, BlackRock’s updated Bitcoin ETF prospectus flagged quantum computing as a future threat. Glassnode reported increasing sell pressure on Bitcoin even as it hit a third all-time high this cycle. A Russian couple’s dramatic escape from a crypto-related kidnapping in Argentina highlighted the growing dangers associated with high-value digital asset holders.
Vance Champions Bitcoin at Las Vegas Conference
Vice President J.D. Vance declared the end of “Operation Chokepoint 2.0” and pledged unwavering support for… read more.
Editor’s comment: Some might be uncomfortable with crypto becoming entwined with politics, but I think it’s a sign that the industry is maturing.
Trump Media Secures $2.5B to Build Bitcoin Treasury With Institutional Firepower
Trump Media is unleashing a $2.5 billion bitcoin treasury strategy, vaulting digital assets onto its balance sheet… read more.
Editor’s comment: Speaking of crypto becoming entwined with politics, many people, especially on the political left, view this as another example of Trump enriching himself through
Blackrock’s Updated Bitcoin ETF Prospectus Reveals Hidden Danger: Quantum Hack Risk
A freshly revised prospectus for Blackrock’s Ishares Bitcoin Trust (IBIT) now includes a cautionary note that… read more.
Editor’s comment: In my interview with Jeff Garzik at The Bitcoin Conference 2025, he said he’s not that worried about quantum hack risk because he’s confident the smart people working on this problem will solve it.
Bitcoin’s Path to $120K Faces Mounting Sell Pressure, Glassnode Report Warns
Bitcoin surged to a record all-time high this week, marking its third all-time high (ATH) this cycle and igniting… read more.
Editor’s comment: Profit taking at this level feels normal at this level. It helps flush out the weak hands, preparing for the next move up.
Russian Couple Kidnapped in Crypto Trap—Escape Sets off Global Hunt
Crypto-fueled chaos strikes again as a Russian couple is rescued from a Buenos Aires kidnapping tied to… read more.
Editor’s comment: I’m going to keep reminding everyone that wrench attacks are becoming more common as the price of Bitcoin goes up. Stay safe out there.
