Bitcoin Absorbs $10B In Sell Pressure Like It's Nothing

Trump storms the Fed to pressure Powell into cutting rates.

From Strike to JPMorgan, the big boys are piling into Bitcoin lending.

From German news to US sports podcasts, Bitcoin is finally getting praised.

Flagship German news show, Tagesschau, airs a segment on Bitcoin’s impact in Kibera, one of Africa’s largest slums, a rare sign of legacy European media spotlighting Bitcoin’s role in financial inclusion.

Pardon My Take, America’s biggest sports podcast, praises co-host Hank for dollar-cost averaging into Bitcoin over the past 4 years, calling it “the smartest thing he’s ever done”.

Trump Media announces owning $2B in Bitcoin and Bitcoin-related securities, stating “We’re rigorously implementing our strategy and fulfilling our Bitcoin treasury plan”.

Crypto policy report from the President’s Working Group on Digital Assets to be released on July 30th and will include details on “the feasibility of a strategic national stockpile”.

Japan’s Blockchain Association survey finds most Japanese Bitcoin investors would boost their holdings if the government introduced dedicated crypto tax reforms.

The IMF confirms El Salvador’s total government-held Bitcoin remains unchanged, with the Strategic Reserve Fund’s growth reflecting internal wallet transfers.

PNC Bank announces a strategic partnership with Coinbase to develop an initial offering that will enable clients to buy, hold, and sell cryptocurrencies.

Galaxy sells over 80,000 Bitcoin worth $9 billion in one day for a Satoshi-era investor, marking one of the earliest major exits from the digital asset market as part of an estate plan.

Fidelity’s Bitcoin ETF has amended its trust agreement to allow in-kind creations and redemptions, meaning shares can be created or redeemed using bitcoin instead of cash, pending regulatory approval.

Strategy launches $STRC (“Stretch”), a preferred stock offering 9% yield and investor-friendly liquidation terms, and ends up raising $2.474 billion to buy more Bitcoin, making it the most successful IPO of 2025.

Adam Back’s Bitcoin treasury firm, BSTR, is going public with over 30,000 BTC and $1.5B in fresh capital. It has recently revealed plans to grow its stack to 50,000 BTC soon, aiming for a top-tier treasury spot.

In the past 7 days, 19 companies increased their holdings, bringing the top 100 public companies’ total to 920,866 BTC.

MARA raises $850 million in zero-interest convertible notes to buy more Bitcoin and already holds 50,000 BTC as the second-largest corporate holder after Strategy.

Bitfarms launches a 49.9M share buyback after Riot cut its stake by 40%. CEO Ben Gagnon says the market undervalues their Bitcoin and HPC potential, as shares jump 16.8% on the news.

Residents in Granbury, Texas, near MARA’s 300-megawatt Bitcoin mining facility in unincorporated Hood County describe life as “hell” due to constant noise, reports nonprofit More Perfect Union.

Trump visits Federal Reserve HQ to inspect the multi-billion dollar renovation and publicly tells Jerome Powell he should lower interest rates.

Treasury Secretary Scott Bessent states, “We need to examine the entire Federal Reserve… All of these PhDs over there—I don’t know what they do. This is like Universal Basic Income for academic economists”.

The UK’s planned sale of 61,250 seized BTC, tied to a 2018 Chinese fraud case, is legally contested, with Chinese authorities and victims demanding its return.

Bitcoin is gaining both political and institutional recognition;

Lenders are entering the market with better rates and new multi-party custody solutions.