Onramp Bitcoin Media $9B in Satoshi-Era BTC Sold—Why The Market Barely Flinched
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Jul 29, 2025 A staggering sale of 80,000 Bitcoin from Satoshi-era wallets barely shook the market, showcasing its maturity. The conversation dives into corporate partnerships and the rise of PayPal's cryptocurrency options. Explore innovative stablecoin strategies and a new financial product called 'Stretch.' Texas pushes for recognizing Bitcoin alongside gold as a staple investment. The podcast also highlights Bitcoin treasuries and the competitive terrain among companies adopting Bitcoin, all while noting key political influences on the financial landscape.
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Market Maturity Absorbs Big BTC Sales
- The $9 billion sale of 80,000 Satoshi-era Bitcoin caused only a small price dip, showing market maturity and liquidity depth.
- This reassures institutional investors about Bitcoin's market stability compared to prior large sales with violent price declines.
Banks Split Approaches to Crypto
- The banking landscape in crypto is polarized between traditional banks building solutions internally and challenger banks partnering with crypto firms.
- Challenger banks like PNC urgently partner with firms such as Coinbase due to competitive pressures and demographic changes.
Tether's US Stablecoin Challenge
- Tether plans a US-specific stablecoin due to regulatory changes, facing a competitive market dominated by USDC and well-established players.
- Their massive operational experience and connections give them an advantage despite potential initial liquidity challenges.