Happy Monday Bitcoiners - it’s Bam with another weekly update!
Each week, we condense the most impactful news releases into a concise, easy-to-read update so you’re always in the know!
Newsworthy events this week include 👇
Nasdaq asks SEC to supersize IBIT option limits.
JPMorgan stuns the market with its own Bitcoin derivative product.
Texas makes a splash as the first state to buy Bitcoin.
Let’s dive in ⚡

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Latest News 📰
🙌 Adoption
The History of Bitcoin launches as a global collaboration with 128 artists and 100 pioneer interviews, delivering a free, deeply researched online timeline and an ultra-premium Collector’s Edition book.
MoneyBadger releases a map showing thousands of South African merchants that accept Bitcoin, noting it captures only about 10% of real adoption because adding all businesses makes the map too slow.
Amboss’ Lightning Network metrics show yields stabilizing, liquidity costs falling, and market volume rising, signaling strengthening fundamentals for Bitcoin and broader network decentralization.
⚖️ Legal
Petition urging Trump to pardon Samourai Wallet developers Keonne Rodriguez and William Hill, first-time offenders who built non-custodial Bitcoin privacy software, has surpassed 2,500 signatures.
France has become a global hotspot for “wrench attacks,” with Jameson Lopp estimating the country accounts for about 25% of cases involving abduction, torture, and coercion to steal crypto keys.
Do Kwon, who pleaded guilty to conspiracy and wire fraud tied to the $40 billion TerraUSD collapse, is asking a U.S. judge for a five-year sentence, citing forfeitures and harsh time served in Montenegro.
📈 Markets
JPMorgan launches a structured note offering preset payouts based on the performance of IBIT ETF. The product provides investors with BTC-linked exposure without granting direct ownership of bitcoin.
Tether CEO Paolo Ardoino fires back after S&P downgraded USDT to its weakest stability tier, arguing legacy finance feels threatened by a highly profitable company operating outside its broken system.
Nasdaq is asking the SEC to raise IBIT option limits from 250,000 to 1 million contracts, enabling major institutions to hedge more effectively and roll out new bitcoin-linked products.
🏦 Treasury
Michael Saylor says MSTR will add a new “green dot” to its BTC purchase tracker, sparking speculation ranging from stock buybacks to a potential preferred-share issuance in Canada.
Tether is now the world’s largest independent holder of gold, having bought more gold in Q3 2025 than any central bank and lifting its holdings to roughly 116 tonnes, per the Financial Times.
Xapo Bank is opening access to its BTC Credit Fund, a new Bitcoin-denominated wealth product aimed at clients seeking yield in native BTC terms.
⛏️ Mining
China quietly regains up to 20% of global Bitcoin hashrate despite its 2021 ban, as underground mining resurges in regions like Xinjiang where cheap, stranded electricity keeps operations alive.
Eric Trump, the President’s son and Co-founder of American Bitcoin, shows off a new liquid-cooled Texas mining farm powered entirely by Chinese-made Bitcoin mining rigs.
The five worst days for Bitcoin miner fee revenue since 2013 have all happened in the past two months.
🗳️ Politics
Texas becomes the first US state to buy Bitcoin, deploying $5M of its $10M allocation on 11/20 at an $87k basis, with plans to self-custody after procurement; the position is currently held as IBIT ETF shares.
Sen. Dave McCormick (R-PA) discloses purchasing up to $150K of the Bitwise Bitcoin ETF this month, a move drawing scrutiny given his seat on the Senate Banking Committee’s digital-assets subcommittee.
Italy’s PM Giorgia Meloni is pushing to bring the country’s $300 billion gold reserve under direct national control rather than leaving it with the European Central Bank.




