Latest from Stephen Alpher
The Protocol: Ethereum community debates foundation’s new mandate document
Also: World’s AgentKit, Visa and Coinbase on AI agents, and prediction markets + AI.

Trump-linked American Bitcoin's BTC holdings overtake Mike Novogratz’s Galaxy Digital
American Bitcoin (ABTC) has climbed to become the 16th-largest bitcoin holder, with 6,899 BTC, as firms compete to build bitcoin treasuries.

Bitcoin hash rate is tumbling as Iran war lifts energy prices
A falling hash rate and the resultant pressure on miners could signal another potential capitulation phase, which could push prices down further

Large investors are doubling down on crypto, but getting a lot pickier about risk
Most institutional investors plan to increase allocations even as concerns around regulation and risk management continue to grow.

Bitcoin quickly pulls back to $71,000 as Iran fears team up with poor U.S. inflation data
The price of oil moved higher after reported attacks against Iran's South Pars gas field.

Senator Tim Scott says market structure negotiations are advancing
The South Carolina Republican said he might see a draft of stablecoin yield language as soon as this week, and other issues continue to be negotiated.

Bitcoin's rally faces key hurdle with Wednesday's Fed meeting
Hot PPI inflation data in the morning and hawkish remarks by Powell in the afternoon would be the most damaging combination for risk assets, including crypto, Bitfinex analysts said.

Strategy’s latest massive bitcoin purchase offers insight into its evolving funding model
A $1.18 billion preferred stock raise, roughly equivalent to 16,800 BTC, signals a shift away from common stock as dividend obligations top $1 billion.

Robinhood’s new venture fund just snapped up stakes in Stripe and ElevenLabs
The closed-end fund aims to give everyday investors exposure to private firms before they go public.

'Gensler and Biden were just better for crypto,' says Tally CEO as DAO governance platform shuts down
End of DAOs? Firm behind Uniswap and Arbitrum governance says easing regulation made decentralization optional

