Happy weekend, grab your coffee because yesterday’s crypto headlines just went nuclear.
Explosive Crypto Headlines from Yesterday
First up in today’s headlines, two absolute dinosaur-era Casascius physical Bitcoins, each loaded with 1,000 BTC, just cracked open after sleeping for over 13 years.
That’s a casual $179 million+ flooding back into circulation as of Friday. One of these bad boys was minted back in October 2012 when Bitcoin was chilling at $11.69.
The older one? December 2011, when BTC was a laughable $3.88. Yeah, that’s roughly a 2.3 MILLION percent gain. Whoever peeled these just printed the kind of life-changing money you only see in crypto headlines.
Switching gears to Europe, where fresh crypto headlines are sounding the alarm: the European Commission wants to hand ESMA major powers over the entire bloc’s crypto and fintech licensing.
We’re talking full supervision AND licensing control over every crypto-asset service provider (CASP), trading venue, and more.
Critics are already screaming about the centralization nightmare. Faustine Fleuret from Morpho warned this could choke new startups with glacial approval times and scare innovation out of Europe entirely. Another day, another power grab making crypto headlines across the continent.
And finally, MicroStrategy just dropped a monster flex that belongs front and center in crypto headlines: they stacked a $1.44 billion USD cash war chest literally to kill the FUD.
CEO Michael Saylor’s right-hand man Phong Le went on CNBC and straight-up said, “We’re deep in the Bitcoin and crypto ecosystem, so we raised fresh dollars, parked them on the balance sheet, and told the doubters to kick rocks.”
The plan? Keep enough cash to cover at least 12 months of dividends (aiming for 24 eventually) even if Bitcoin decides to take the elevator down again. Classic Saylor chess moves while everyone else is playing checkers.
That’s your Saturday crypto headlines roundup, fam! Stay locked to Coin Medium because the next batch of crypto headlines is already loading… see you tomorrow!
