Bitcoin - Espresso

Cryptocurrency

Circle Grants $38B in USDC to UN as Steak 'n Shake Pays Employees in Bitcoin—Is Crypto Rewriting Humanitarian and Corporate Finance?

TL;DR * Circle Grants UN $38B to Modernize Humanitarian Payments via USDC Stablecoin on Blockchain * Steak 'n Shake Launches Bitcoin Bonus Program Paying $0.21/Hour to Employees, Adds $10M to Corporate Treasury 💰 USDC $38B Grant Could Slash Humanitarian Payment Costs by 99% Circle just deployed $38B in USDC

Cryptocurrency

Injective Burns 3.4% of INJ Supply as Bitcoin Slumps 3.4% and XRP Migrates to Self-Custody — Can Crypto Recover Amid ETF Hopes and Oracle Crashes?

TL;DR * Injective Protocol community approves 99.89% vote to reduce token issuance and pursue deflationary model * Bitcoin Falls 3.4% Amid Geopolitical Tensions and Chinese Growth Slowdown, Leveraged Longs Liquidate $215M * XRP Exchange Reserves Drop 45% as Investors Shift to Self-Custody, Binance Holdings Hit Yearly Lows * XRP Price Consolidates

Cryptocurrency

Privacy Coins Surge 118% as $291M in Stolen BTC Flows Into XMR & DUSK Amid SEC Crackdown on 912.5% Yield Scams

TL;DR * Monero and DUSK Surge Over 118% as Stolen Bitcoin Flows Into Privacy Coins Amid Regulatory Fears * SEC issues warnings against five unlicensed crypto platforms—Valtoro Spartan, Mad Devpt. Realty Corp., VT Markets, FBS, and KBS—for fraudulent investment schemes with 7.5–912.5% returns 📊 Monero and DUSK

Business

Crypto Momentum Builds: US Senate Advances BRCA, BlackRock Embraces RLUSD, BTC Whales Push Toward $100K

TL;DR * US Senate advances Blockchain Regulatory Certainty Act (BRCA) to protect crypto developers from money transmitter charges * BlackRock Uses Ripple’s RLUSD Stablecoin as Collateral, Signaling Institutional Adoption of Regulated Digital Assets * Kraken SPAC KrakAcquisition Files S-1 for $250M IPO Targeting Crypto Infrastructure, Backed by Tribe Capital and Natural

Startups & Entrepreneurship

MicroStrategy Raises $21 Billion to Expand Bitcoin Treasury, Holding 672,497 BTC Worth $61.4 Billion Amid Risk Buffer and Market Volatility

TL;DR * MicroStrategy raises $21B via equity and debt to expand Bitcoin treasury holdings, now holding 672,497 BTC worth $61.4B at $91K price * Bright Valley Capital initiates $33.36M stake in Full Truck Alliance, signaling confidence in China’s logistics tech sector * Ripple Effect Asset Management invests $9.

Startups & Entrepreneurship

AppLovin Hits 68% Revenue Jump, Bitcoin Slides, Synth‑Med Biotech Secures Funding

TL;DR * AppLovin Reports 68% Revenue Growth, 18% Operating Cash Decline, Highlighting Funding Tightness. * Bitcoin Price Drops to $88.6K, Fueling Altcoin Adoption Amid Startup Funding Shifts. * Synth‑Med Biotechnology Secures Multi‑Milestone Funding, Accelerating AI‑Driven Biotech Startups. AppLovin’s Revenue Boom Masks a Growing Liquidity Gap Revenue surge