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Hey there, Hodlers!

You’re reading the Hodl Report, where Bitcoin’s in beast mode, charts are euphoric and even your normie friends are texting “should I buy now?” 💬 🚀

This week in the Hodl Report:

• Market vibes check 🌎

• Bullish & bearish news 📈📉

• Bitcoin state of adoption in the US 🟠

• Top headlines worth your bandwidth 📰

• Memes to laugh through the volatility 😂 

Let’s dive in! 👇

Alright, we admit it…

That subject line was a bit misleading.

Because if you’ve been keeping up with our weekly outlooks, then you know we’ve been mainlining hopium lately.

And this week?

Multiple Bitcoin all-time highs.

That’s the kind of stuff we live for. 🚀💥

But then this morning, bam!

Trump mumbled the word “tariffs” and markets freaked out like it was Liberation Day again. 📉

Turns out, just whispering the T-word after a few weeks of silence was enough to spook the charts.

Thankfully, the panic didn’t last long. Prices snapped back within hours - maybe the market finally realized…

We’re proud of you, market. You’re growing up. You dipped, you recovered, you didn’t throw a full tantrum.

That’s becoming mature.

Also celebrated this week…

Bitcoin Pizza Day. 🍕

15 years since Laszlo dropped 10,000 BTC on two pizzas. That’s a $1.2B dinner now.

He might not have hodled that through 15 years of crazy, but he certainly earned a permanent spot in the Bitcoin hall of fame.

Legends only. 🏆

📈 Bullish vs. Bearish 📉

This Week in Crypto News

This week, the bulls flexed hard, and while the bears tried to growl, they mostly just whined in the corner.

Let’s break down what went down on both sides of the battlefield.

🟢 Bullish Energy

1. Strategy (MSTR) Can’t Stop, Won’t Stop
   Saylor’s crew bought another truckload of Bitcoin (shocking, we know).

   

   But wait, there’s more. They also announced a $2.1 billion capital raise to, surprise... buy even more Bitcoin. These guys are turning fiat into sats faster than the Fed can print it.
   

2. ETF Inflows Going Parabolic
   Bitcoin ETFs pulled in over $3.2 billion in net inflows over the past 7 trading days.
   

   

   That’s not a wave, it’s a money tsunami. And finally, it’s showing up in the price. Moon loading.

3. Texas Goes Bitcoin-Official
   Texas just became the third U.S. state to pass a Bitcoin reserve bill.
   

   

   More states are lined up to vote, and the dominoes continue falling. Slowly, but surely.
   

4. Stablecoin Legislation Comeback
   After getting dunked on a few weeks ago, the GENIUS Stablecoin Act passed a Senate vote and is now headed for floor debate.
   

   

   Summer stablecoin laws, as predicted? Could actually happen.
   

5. JP Morgan Finally Comes Around
   After years of trash talk, Jamie Dimon’s JP Morgan now lets clients buy Bitcoin.
   

   

   The CEO might hate it, but his customers don’t… and their money talks louder.

🔴 Bearish Buzzkill Moments

1. Coinbase Fumbles the Momentum
   Last week, they were riding high on S&P 500 inclusion and strong earnings. This week? Not so much. News of a DOJ investigation, phishing scams and laundered funds crashed the mood. Classic crypto.

2. SUI’s Cetus Hack
   SUI-based DeFi app Cetus got hacked for $220M, which is brutal. But in an oddly bullish twist, SUI validators froze $160M of the stolen funds and plan to return them. Bullish for fund recovery, bearish for decentralization. Pick your poison.

3. Saylor & Strategy Sued
   A class action lawsuit was filed against Michael Saylor and Strategy, claiming they downplayed the risks of investing. You’re literally investing in a stock that buys Bitcoin… what risks didn’t you expect? Still, it’s the U.S. where lawsuits are like Starbucks: on every corner. It was also hypothesized on what might lead to Strategy’s downfall and the next crypto winter.

🧠 Final Verdict

Bullish news definitely outweighed the bearish this week. The flows, the legislation, the corporate capitulation, it’s all signaling one thing: momentum. 🚀

Still not bullish enough?

Be like James, who YOLO’d a $20 million leveraged long on Bitcoin. He’s sitting on an $810M bet. If BTC drops below $102,046, he loses it all.

We salute your diamond hands, James. 💎🫡

Let’s hope the next weekly wrap doesn’t include a James liquidation event… but hey, that’s the game.

America Goes Full Send on Bitcoin 🟠

This week, River dropped their 2025 Bitcoin adoption report, and let’s just say - it’s official: the U.S. is absolutely crushing it when it comes to Bitcoin.

From mining to markets, America’s going full laser eyes.

Here are the juiciest stats that caught our eye:

1. Texas = Bitcoin Boss
   Ranked #1 in hashrate and #3 in total Bitcoin companies, Texas is putting in serious work. Don’t mess with Bitcoin...or Texas.

2. Bitcoin > Gold (in America)
   More Americans now own Bitcoin than own gold. Grandpa’s shiny rock just got flipped.
   

   

3. Bitcoin Mining Powerhouse
   38% of all BTC mined since 2021 came from the U.S. Thanks, China, for banning Bitcoin mining and handing over the crown.

4. Congress Turns Pro-Bitcoin
   The majority of both the Senate and House are now pro-Bitcoin. We’re not sure what timeline we’re in, but we like it.

   

Retail to Institutions
As of the end of 2024, retail still holds the majority of BTC versus other entities.

But 2024 saw a major flow shift from small holders to big players. Institutions are waking up and stacking.

Hodl strong and don’t sell them your bags! 💰

It’s rare to say this, but when it comes to Bitcoin… America’s doing it right.

Check the full River report here and get bullish: River America Report 2025

1. Argentina’s Milei Shuts Down Crypto Task Force Libra: President Milei has disbanded Task Force Libra, a key government crypto group. The move signals a rollback of state-led crypto oversight in favor of a more hands-off approach.

2. Ledn Drops ETH Loans to Focus on Bitcoin Custody Model: Crypto lender Ledn will end support for Ethereum loans, shifting to a fully Bitcoin-only, custodial model. The firm cites stronger demand for BTC collateral products.

3. UK to Require Full Crypto Transaction Reporting in 2026: The UK will mandate detailed crypto transaction reporting starting in 2026. All platforms must track and report customer transfers under new compliance rules.

4. Australia to Offer Bitcoin Tax Refunds After Ruling Update: Australia’s updated tax guidance may allow CGT refunds on certain Bitcoin transactions. The change comes after reevaluating how crypto is classified for tax purposes.

5. Texas Passes Pro-Bitcoin Bill, Signing Expected Soon: A pro-Bitcoin bill has passed in Texas and is expected to be signed by Governor Abbott. The legislation strengthens Bitcoin protections and affirms digital asset rights.

6. SEC Crypto ETF Decisions Expected Between July and October: The SEC is expected to make key crypto ETF rulings between July and October. Market watchers anticipate decisions on Solana, XRP, and other altcoin ETFs.

7. Bitcoin Community Debates Switching Base Unit to Bits: A new proposal to shift Bitcoin’s base unit from satoshis to bits is stirring debate. Supporters say it improves UX for newcomers; critics warn it could confuse users.

8. Jamie Dimon Admits JPMorgan Clients Are Buying Bitcoin: Despite past criticism, JPMorgan CEO Jamie Dimon says many clients are buying Bitcoin. He reiterated personal skepticism but acknowledged growing institutional demand.

Big thanks for making it to the end of this week’s Hodl Report! 👊

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Happy Friday!

Disclaimer: The content from Hodl Report should not be taken as trading, investment or financial advice or solicitation to buy or sell any assets. This newsletter is for informational and educational purposes only. Please be careful out there and DYOR (do your own research)