#7: Sleeping Giants WAKE UP

Dormant Bitcoin Wallets Roar Back, Senator Lummis Takes Charge on Digital Assets and more!

Dear Bitcoin Daily Readers,

Here’s your daily update of the happenings of the Bitcoin World:

💤 Sleeping Giants Awaken: Dormant Bitcoin Wallets Roar Back to Life

  • 2017-era wallets: Over $39 million worth of BTC moved after years of dormancy.

  • 2012-era wallet: Stirred for the first time in a decade, sending BTC for the first time since 2012.

  • Whale wallets surge: Whale wallets holding 100-1,000 BTC hit an all-time high of 15,777.
    🔍 Analysts suggest this may be a quiet buildup for the anticipated 2025 bull run.

🏛️ US Senator Lummis Takes Charge on Digital Assets

  • Senator Cynthia Lummis has been appointed Chair of the Senate Banking Subcommittee on Digital Assets.

  • This marks a significant step forward for Bitcoin and cryptocurrency adoption in U.S. policy.
    🚀 A massive milestone for Bitcoin advocacy.

🌍 Energy Giants Embrace Bitcoin Mining

  • 🇷🇺 Russia: State-owned power company Rosseti to start Bitcoin mining using excess energy, showing Russia’s commitment to the crypto revolution.

  • 🇧🇷 Brazil: Petrobras, the state-owned oil and gas giant, is mining Bitcoin with flare gas, contributing to 88% of the nation’s energy.

🏛️ Arizona to Vote on Strategic Bitcoin Reserve Bill

  • Arizona is set to become the first U.S. state to vote on holding Bitcoin as a strategic reserve.
    🔥 This historic vote could pave the way for nationwide adoption.

🇺🇸 VanEck’s Matthew Sigel Advocates Bitcoin for US Government Stockpile

  • Sigel states Bitcoin is uniquely suited for a U.S. government stockpile, emphasizing its clear differentiation from other digital assets.

🇯🇵 Metaplanet’s Ambitious Bitcoin Move

  • Metaplanet announces plans to raise $745 million to increase its Bitcoin holdings.
    💰 Japan is doubling down on the Bitcoin economy.

Stay informed. Stay ahead. Keep Stacking.