July 29th, 2025
Top Stories:
- https://www.coindesk.com/markets/2025/07/28/bitcoin-zooms-to-usd120k-eth-nears-usd4k-as-trump-s-eu-tariff-deal-lifts-risk-sentiment
- https://bitcoinnews.com/markets/christies-1-billion-bitcoin-division/
- https://decrypt.co/332270/arizona-man-pleads-guilty-in-13m-crypto-ponzi-scheme-faces-up-to-15-years
- https://www.theblock.co/post/364599/bakkt-stock-plummets-after-announcing-pricing-of-75-million-public-offering-to-buy-bitcoin
President Trump’s latest tariff rollback with the EU sent Bitcoin climbing toward $120K. The broader implication, I argue, is a signal that the “old world” economic order is bending to American terms. I read this shift as a deeper fracturing of centralized power structures that opens a rift and Bitcoin will fill it.
Next up, Strategy—formerly known as MicroStrategy—has raised a staggering $2.5 billion through an IPO of “Stretch,” a new preferred stock designed specifically to accumulate more Bitcoin. According to TD Cowen, this lets Strategy buy up to 17,000 BTC without diluting common shareholders. This is just the latest in a growing lineup of yield-bearing Bitcoin products that Strategy is pushing, comparing them to flavored lollipops: different shapes, same sugar core.
The problem is, everyone seems to be manufacturing the same treat. Mara and Bakkt have launched similar offerings—massive debt raises aimed at buying Bitcoin without giving up equity. While I see this as proof of institutional hunger for BTC, I'm warning that the market’s appetite for these synthetic products may soon run dry. Bakkt’s 40% stock collapse suggests the limits of this game may be at hand, and it’s unclear how many more “flavors” investors can stomach.
The human cost of crypto marketing gone wrong: A $13 million Ponzi scheme run by Vincent Mazzotta preyed on people with a government-sounding front called the “Federal Crypto Reserve.” Worse, it hit victims twice—first with AI trading promises, then with a fake recovery service. It's a kind of “affinity scam,” where language and false authority enable this kind of theft, especially among vulnerable populations already burned by the industry.
Finally, Christie's—the global luxury auction house—is launching a dedicated $1B Bitcoin real estate division. Buyers can use BTC to purchase high-end homes without banks, using LLCs and wallets in fully peer-to-peer transactions. It’s a watershed moment for Bitcoin’s use in real-world commerce, and I think it represents a broader trend of institutional "quiet adoption". As Sotheby’s and others inevitably follow suit, the once-radical idea of buying land or homes with Bitcoin begins to feel assured.
Today's Circle P Vendor:
Soapminer
SoapMiner crafts rugged, long-lasting soaps using nothing but 100% beef tallow, lye, and water—plus the occasional essential oil or mineral. Each bar cures for weeks, hardens to the core, and lasts far longer than store-bought blends. No gimmicks. No synthetics. Just clean, durable soap that respects your skin and your wallet. Whether it’s pine tar or peppermint, every bar is hand-crafted and ready to help you get away clean.
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