OSGrid, OpenSim’s largest and oldest public world, will hold its annual fundraiser and auction starting on September 22 in order to support the grid’s hosting environment and community operations.

“The future of OSgrid is powered by your passion and creativity,” organizers said in their call for donations last month.

The event wants creators to donate unique virtual items, including furnishings, avatars, services, jewelry, and entire regions in OAR format, the organizers said. All donated items must be created exclusively for the event and cannot be for sale or available elsewhere.

“ECHO 1 is starting to look fuller,” OSgrid staff member Caro Fayray said in a Facebook post this week. “But we still need more items. And the sooner I have them, the more time for people to view them before the auctions.”

And, of course, people can donate at any time via the grid’s donation page.

Preview of auction items will be available on the Echo 1 as they are received. Contributors or those with questions can contact an admin or Caro Fayray in-world for more information.

Hypergrid link: hg.osgrid.org:80:ECHO 1

Running on volunteers and donations

OSGrid operates as a 501(c)(3) non-profit organization run entirely by volunteers, according to the grid.

All proceeds from the auctions go directly toward keeping the virtual worlds alive and thriving. The fundraiser celebrates community talent while providing crucial financial support for the grid’s operations.

OSGrid has a clear preference when it comes to donations. They’d rather have regular monthly donations of $10 to $15 than big one-time payments, according to their official donation page.

“We strongly prefer a regular donation of $10.00 or $15.00 per month to a one-off payment of $50.00,” administrators said. “This lets us better plan for the growth of the grid.”

Their math is simple: “If 10% of the active userbase paid us $10.00 per month, it would be sufficient to permanently keep the grid infrastructure online, and give us plenty of room to expand as required.”

Just turned 18 and ready to party

OSGrid recently hit a major milestone — its 18th birthday. The grid threw a week-long beach party celebration at the end of July and the beginning of August.

“For 18 years, we have been a cornerstone of the open metaverse, a hub for creators, explorers, and communities,” organizers said.

For the event, the grid transformed Event Plaza into a coastal paradise with “sun-drenched shores, swaying palm trees, cool tunes drifting on the virtual breeze, and a bonfire or two to gather around with old friends and new ones.”

OSGrid has been running almost continuously since 2007. The grid serves double duty — it’s both a testbed for developers and a creative sandbox for builders, scripters, educators, and explorers.

In addition, its LBSA Plaza serves as the unofficial crossroads of the hypergrid, where newcomers get their first taste of virtual worlds and developers test cutting-edge features. That’s where I go if I need to ask someone a quick question about OpenSim, or to meet other people without having to run around for active regions or ongoing events.

Hypergrid link: hg.osgrid.org:80:LBSA Plaza

There’s also no charge to connect regions to the grid in any quantity. You can run a region on a home computer, and, as long as you’re online, anyone can visit the region. You just need to download and run the pre-configured OSgrid region installer. Besides having to have your computer on and the region running for anyone to visit, the other downside to self-hosted regions is that you can only support as many simultaneous visitors as your home computer’s bandwidth allows. However, there are OpenSim hosting providers that can run a region for you at a low cost, and attach it to OSgrid — or any other open grid — for better performance and always-on connectivity.

OSGrid is also hypergrid-enabled, meaning users can hop between hundreds of other grids, attend cross-grid events, and share creations across the entire OpenSim metaverse. In particular, OSgrid users can buy content from the Kitely Market and have it delivered directly to their avatars.

Back from a rough patch

Earlier this year, the grid had about a month of downtime during an extended maintenance nightmare.

“This slightly extended downtime has allowed us to come back stronger, offering a more professional and stable experience for the entire OSgrid community,” grid administrators said in an announcement in April, when the grid came back up.

The problem? Their database had become bloated and broken.

“The current database is a massive burden to the grid,” administrators said. “Sixty percent of it is probably never used, and it kills the performance of our state-of-the-art hardware.”

According to the latest Hypergrid Business data, January 2025 showed OSGrid as the largest grid by land area in the OpenSim ecosystem, with 35,873 standard-sized regions. Today, the grid’s stats page shows a total land area of more than 55,000 square kilometers. With more than 15 standard region equivalents per square kilometer, this means that the grid is now more than ten times bigger than it was then.

I’m checking with the grid managers now to see what’s up with that. Sometimes, people spin up huge tracks of land for roleplay activities — endless stretches of open ocean for naval warfare, or miles of deserts for quest adventures.

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The stablecoin market is once again in the spotlight after Tether minted another $1 billion USDT just a few hours ago. This fresh injection of liquidity comes at a time when the crypto market is entering a volatile phase, with uncertainty surrounding both macroeconomic conditions and investor sentiment. Bitcoin and altcoins are beginning to show shifting dynamics, and stablecoin issuers like Tether and Circle are emerging as critical players in shaping these movements.

Large mints from Tether have historically coincided with aggressive price swings across the crypto market, as the arrival of new liquidity often fuels increased trading activity. Whether this supply is immediately deployed or gradually filters into exchanges, the effect on market psychology is significant. Traders and investors frequently view such events as early signals of potential inflows into risk assets.

With Bitcoin consolidating near key levels and altcoins attempting to recover from recent corrections, the timing of this mint underscores the importance of stablecoins in the broader ecosystem. As liquidity expands, the coming days could see heightened volatility, with the possibility of strong directional moves. For now, all eyes are on how this $1 billion issuance will ripple across the crypto landscape.

Tether and Circle Add Liquidity Into The Market

According to data from Lookonchain, Tether and Circle have minted a combined $12.75 billion in stablecoins over the past month, marking one of the most significant liquidity injections in recent cycles. This expansion underscores the crucial role stablecoins play in the crypto ecosystem, acting as the backbone of trading activity and serving as a bridge for capital flowing into risk assets.

The timing of this surge is notable. Bitcoin and Ethereum are consolidating near critical levels, and altcoins are beginning to show signs of renewed momentum. Historically, large stablecoin mints have preceded uptrends in crypto markets, as fresh liquidity provides the fuel for traders and institutions to deploy capital more aggressively. The $12.75B increase, therefore, reflects more than just stablecoin supply growth—it signals a market preparing for potential expansion.

Still, risks remain elevated. Some analysts caution that the broader economic environment is highly unpredictable, with lingering concerns over global growth, inflationary pressures, and liquidity conditions. The volatility of traditional markets often bleeds into crypto, making sudden swings a persistent threat.

All eyes are now on the US Federal Reserve, with investors widely anticipating a rate cut at next week’s meeting. Such a move would reinforce the bullish implications of the stablecoin surge, further boosting liquidity and supporting higher valuations across digital assets. Conversely, any hesitation or unexpected policy shift could magnify uncertainty, creating sharp volatility.

USDT Dominance Suggests Risk Appetite

Tether (USDT) dominance currently stands at 4.29%, showing a modest decline after testing resistance near 4.5%. The weekly chart reveals that USDT’s market share has been in a gradual downtrend since peaking above 9% in mid-2022. This decline reflects a healthier appetite for risk assets, as capital shifts out of stablecoins and into Bitcoin, Ethereum, and altcoins.

The 50-week SMA at 4.67% and the 100-week SMA at 5.02% are both trending lower, confirming persistent weakness in dominance. Meanwhile, the 200-week SMA at 5.78% sits well above current levels, acting as a ceiling that reinforces the longer-term bearish structure for USDT’s market share. As long as USDT dominance remains below the 5% threshold, the market backdrop favors capital rotation into risk assets.

However, short-term support has emerged around the 4.2%–4.3% zone, where dominance has stabilized multiple times this year. A breakdown below this range would likely signal further risk-taking by investors, potentially fueling stronger rallies in crypto. Conversely, a bounce back toward 5% would indicate rising caution and renewed demand for stablecoins.

Featured image from Dall-E, chart from TradingView

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Bitcoin (BTC), the largest cryptocurrency, is taking a breath before the next phase of its rally. While all major metrics are stagnating, some macro indicators hint at a possible 50% upside for the crypto king’s price.

Bitcoin (BTC) price brutally rejected at $113,000

Bitcoin (BTC), the first cryptocurrency, failed to expand its rally to over $113,000. Yesterday, Sept. 5, 2025, its price jumped by 2%, but was stopped by bears. Immediately after touching the resistance level, it dropped back to $110,300.

At press time, Bitcoin’s (BTC) price has stabilized at around $110,900 on major spot trading platforms. In the last 24 hours, Bitcoin (BTC) is up by a negligible 0.24%.

The rest of the cryptocurrency market is also stagnant today. The aggregated capitalization of digital assets added 0.19% and hit $3.81 trillion in equivalent.

The cryptocurrency’s Fear and Greed Index dropped to 48/100, which is considered to be a “Neutral” indicator. As per CoinMarketCap, the cryptocurrency’s RSI sits at 48.46, which also signals about the market being at a crossroads.

In the last 24 hours, the cryptocurrency’s liquidations were below $100 million, which is an indicator of market apathy.

Spot Bitcoin ETFs log $400 million in outflows in two days

Exchange-traded products on spot Bitcoin (BTC) are witnessing outflows in recent sessions. On Sept. 4-5, U.S. BTC ETFs lost almost $400 million in equivalent.

On Sept. 4, 2025, $227 million was withdrawn by investors, followed by $160 million erased the next day. As a result, the aggregated spot Bitcoin ETFs AUM dropped to $144.5 billion.

BlackRock’s IBIT, Grayscale’s GBTC and Bitwise’s BITB are the three most affected ETFs; combined, they lost about $150 million in just one session.

As covered by U.Today previously, spot Bitcoin ETFs have been losing traction since early July 2025. Investors’ pessimism might be a signal of liquidity migration to alternative TradFi products, precious metals and stocks.

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At the same time, Ethereum spot ETFs were hit even harder last week. In seven days, spot Ether ETFs lost over $787 million in AUM, which makes this week the most painful for the segment ever.

Since Ethereum spot ETFs were launched in July 2024, its ecosystem has not been hit by such a massive liquidity outflow.

Bitcoin OI stuck in $79-$85 billion corridor for seven weeks

At the same time, this might be just a rebalance since spot ETH ETFs investors injected $2.8 billion in liquidity during the second week of August.

Meanwhile, Bitcoin’s open interest — the total USD-denominated value of all derivatives contracts that are not closed yet — has been stagnating since July.

As of printing time, the aggregated Bitcoin futures OI sits slightly below $80 billion in equivalent. In the last couple of weeks, it has remained almost unchanged. After reaching its peak at $88 billion on July 16, 2025, it started slowly declining.

Binance (BNB), the largest cryptocurrency exchange by trading volume and user count, is responsible for $14 billion out of this value.

For Ethereum futures, the net open interest has been sitting at $60 billion in equivalent for three weeks in a row. As such, markets might be confused about performance prospects for both assets.

Bitcoin (BTC) to $185,000? Here’s what Tephra Digital BTC/M2 model says

Despite sending mixed signals to its audience, Bitcoin (BTC) can still expand its rally over $150,000 per BTC easily. As a recent model by Tephra Digital asset management firm demonstrates, Bitcoin (BTC) closely follows the M2 metric — the aggregated volume of the U.S. money supply.

The analyst noticed that Bitcoin (BTC) follows M2 and gold price fluctuations with the lag of 100-200 days. Given that fact, the global cryptocurrency community should be prepared for an extremely bullish Q4, 2025.

Based on these assumptions, Bitcoin’s (BTC) price can naturally reach $167,000-$185,000 by the end of this year.

Bitcoin’s (BTC) price set its current ATH at $124,457 on Aug. 14, 2025. As of now, it is trading 11% below the record price.

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Ethereum is facing a pivotal test as the market struggles to hold momentum amid mounting selling pressure. After losing the $4,500 level, ETH has entered a tight consolidation range, with bulls now forced to defend current levels. Analysts warn that failure to reclaim $4,500 soon could open the door to a deeper correction, with downside targets near $3,900. This growing uncertainty weighs on sentiment, but institutions appear unfazed, continuing to accumulate ETH aggressively.

According to data from Lookonchain, whales and institutions purchased an impressive 218,750 ETH—worth approximately $942.8 million—in just the past two days. This surge in accumulation reflects a broader bet on Ethereum’s strength, not only as a leading smart contract platform but also as the centerpiece of an anticipated altcoin rally. With capital rotation away from Bitcoin becoming more evident, institutions appear to be positioning themselves early for Ethereum’s next potential leg higher.

Despite the pressure, Ethereum’s fundamentals remain robust, supported by increasing institutional flows, steady whale activity, and a growing DeFi ecosystem. The battle between bulls defending support and bears pushing for lower levels sets the stage for ETH’s trajectory in the next phase of this cycle.

Institutional Ethereum Accumulation Strengthens Bullish Outlook

Institutional flows into Ethereum remain strong despite the recent pullback. Lookonchain reports that Bitmine, one of the most active institutional players in the space, purchased 69,603 ETH—valued at around $300 million—from BitGo and Galaxy Digital.

Additionally, five newly created wallets collectively purchased 102,455 ETH, valued at approximately $441.6 million, from FalconX. These large-scale acquisitions highlight continued confidence in Ethereum’s long-term potential and reinforce the view that institutions are positioning themselves for future gains.

This wave of accumulation is significant for several reasons. First, it underscores Ethereum’s growing status as the centerpiece of institutional strategies, particularly in the context of capital rotation from Bitcoin into altcoins. Second, it demonstrates that even amid heightened volatility, demand for ETH remains resilient. These purchases, executed in size, suggest that institutional buyers are not only unfazed by short-term corrections but are actively using them as opportunities to scale exposure.

That said, risks remain in the near term. Technically, Ethereum must hold above $4,200 to avoid a sharper decline. Should this level fail, the next meaningful support lies near $3,900, a zone that could invite further selling pressure before buyers return. For now, institutional conviction provides a strong counterbalance to market uncertainty, signaling that Ethereum’s structural demand remains intact and may serve as the backbone of its next bullish phase.

ETH Consolidates Around Key Levels

Ethereum (ETH) is consolidating just below the $4,500 level, currently trading near $4,395 after days of sideways movement. The chart shows ETH maintaining a tight range between $4,250 and $4,500, with repeated tests of both support and resistance levels. This pattern reflects growing market indecision, as buyers attempt to defend structural demand while sellers continue applying pressure.

The 50-day moving average (blue line) is slightly above current price levels, acting as dynamic resistance, while the 100-day moving average (green line) around $4,313 provides nearby support. A sustained close below $4,250 would open the door for a deeper correction toward $3,900, which is the next significant support zone. On the upside, ETH must break and hold above $4,500 to confirm bullish momentum and potentially retest highs near $4,800.

Despite the lack of direction in price action, the broader structure remains constructive, with ETH trading well above the 200-day moving average (red line), which is trending upward near $3,773. This suggests the long-term bullish trend is intact, but the immediate outlook hinges on whether bulls can defend the $4,200–$4,250 area. For now, ETH remains in consolidation, with breakout or breakdown signals yet to materialize.

Featured image from Dall-E, chart from TradingView

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SPX6900 has been holding its ground in the past 24 hours as the bitcoin rally takes a breather, indicating that rotation into meme coin prospects like TOKEN6900 (T6900) is set to continue.

There are only two days to go before T6900 lists on exchanges, and an increasing number of traders and influencers are seeing it as a possible next SPX6900.

So far, $3.22 million has been contributed to the presale before claim and launch on Wednesday, September 3, at 2pm UTC, as traders predict 10x gains at listing. Interested crypto watchers should note that the pace of fundraising is accelerating as the FOMO rises, so there’s no time to lose.

Like SPX6900, TOKEN6900 takes a satirical swipe at TradFi, the financial policymakers, and associated banksters. While they pretend to be the pillars of the financial world, T6900 is the token that shouts loudly that all that’s solid melts into air, so why not celebrate the asset-lite vacuousness of index meme coins?

T6900 trades on nothing except its ability to capture and harness a feeling, a narrative, a vibe. T6900 is the ultimate vibe liquidity token.

Oscar Ramos, who has 163k subscribers on YouTube, presents a cogent case for why T6900 will be the next billion-dollar meme coin like SPX6900:

TradFi has no plan but T6900 does – it’s the next SPX6900

The attractiveness of TOKEN6900 for degens lies in the irreverent, viral-powered punch in the face it gives to legacy finance and all its ills. As Mike Tyson famously said: “Everybody has a plan until they get punched in the face.” That’s right – TradFi has no plan.

As the traditional markets wait with growing anticipation for the Fed to lower rates and unleash more liquidity into the system, T6900 followers couldn’t really care less.

For sure, lower rates help risk assets like crypto but there are also dangers for legacy finance that meme coins don’t need to worry about. The Fed’s Jerome Powell is walking a tightrope between igniting inflation or triggering a recession. His dual mandate is to keep prices low and employment high, but right now that’s a tough call.

There are signs that inflation is strengthening, but not so much that it would lead to a delay in the expected rate cuts, probably of 25 basis points.

Yet economists keep insisting that the tariff will increase prices, although that seems yet to filter through as companies absorb some of those costs themselves instead of passing the cost on to consumers. However, that approach cannot continue indefinitely without hurting profits.

This week, unemployment claims, non-farm payrolls, and unit labor costs data are all on tap, so market participants should expect volatile prices across markets, including crypto.

Yet for T6900, the near-term noise and the bigger long-term macro outlook are positives, regardless of how things pan out. If crypto markets turn higher on the back of this week’s data, those buying T6900 token before it comes to market will sit pretty, as sentiment around listing day will favor bulls.

Paradoxically, bad news on employment and payroll would indicate that the economy is losing some momentum, which would make it more likely that the Fed cuts not just once but perhaps twice before the year is out. Again, that would be a filip for crypto and T6900.

Then we zoom out and consider the emerging macro background, and there are a number of factors that savvy crypto investors should be cognizant of.

Does T6900 vibe liquidity have more integrity than the Fed?

The tailwinds of regulatory loosening in the US, a demand explosion driven by the rising number of digital asset treasury companies, and the likelihood of US interest rate cuts, are all music to the ears of crypto traders.

But so too is the recent dip in prices because it opens up entry points for those with money parked on the sidelines. And there are factors that the market is perhaps overlooking, chief among them the creeping encroachment on the independence of the Fed.

The damage this is doing to US credibility at the governance and market integrity levels could be seismic, playing to the strengths of T6900 (and SPX6900) as the fortune tellers of emerging calamities and the repositories of new forms of ‘vibe liquidity’ wealth.

The threat to American economic ascendancy informs the policy direction of the Trump White House, but in practice, it could be aiding its adversaries, as is being demonstrated today at the gathering of the Shanghai Cooperation Organization, at which 40% of the world’s population is represented.

What were fashioned as weapons to advance US interests, such as tariffs and dollar-denominated stablecoins, could turn out to be the opposite.

Trade wars have alienated the so-called BRICS countries, which include giants such as China, India, and Russia. Remember, in purchasing power parity terms, Russia is the world’s fourth-largest economy, according to the CIA World Factbook.

Russia is turning to crypto in a big way. Cheekily positioned meme coins like T6900 could be one of the major beneficiaries.

SPX has a $1 billion market capitalization. Source: CoinGecko

If you’re looking for a hedge against legacy finance brain rot, T6900 is your friend

Meanwhile, stablecoins seem like a win-win for the US. On the one hand, dollar-denominated stablecoins are currently dominant, and they are invariably backed by near-cash instruments like short-dated US Treasuries.

However, there is nothing to stop other countries issuing their own stablecoins, pegged to their domestic currencies. A yuan-denominated stablecoin could be attractive to economic actors around the world who have grown tired of the US throwing its weight around.

Again, T6900 provides a ready vehicle for anyone who wants to hedge their bets on the continued global supremacy of the US dollar as the reserve currency of choice.

But it is also a hedge against the brain-rot finance represented by the world’s central bankers, incumbent financial institutions and profligate governments.

From the US to China, there is a massive buildup of debt that will need to be rolled over at some point, and that means more monetary debasement.

Against that backdrop, the frivolous, humor-based networks of token holders that develop into powerful community-infused commitments to a financial revolution to serve the many, not the few, become more attractive by the day. It could be that meme coins like T6900 are a more solid offering than the fiat money valuation based on not much more than thin air.

2 days left to buy T6900 cheap

There are only two days left to buy TOKEN6900 for the one-time cheap price of $0.007125. Buy today and you can also start staking your stash right away – staked T6900 will earn 30% per annum dynamic yield. When claiming goes live, the earned rewards will vest over 30 days.

Purchase TOKEN6900 on the presale site using crypto or card payment methods.

Best Wallet also provides access to the T6900 presale. Best Wallet is rated one of the best crypto and bitcoin wallets, and the app can be downloaded from Google Play or the Apple App Store.

Stay in touch with the TOKEN6900 community on X and Instagram.

Visit the Official Website Here

U.S. spot Bitcoin ETFs bought about 1,620 BTC on Aug. 28, roughly 3.6 times the approximately 450 BTC miners create each day.

Per Farside Investors, net inflows totaled $178.9 million, the fourth consecutive positive session into Aug. 28. The supply side is fixed by protocol changes made in April 2024, when the block subsidy fell to 3.125 BTC, or about 450 BTC per day at an average 10-minute block time.

The demand impulse is directly measurable in coins. Using prices near recent trading levels, the Aug. 28 net dollar flow equates to around 1,600 BTC purchased by ETF vehicles in a single day, while new issuance remains near 450 BTC.

If that demand repeats over a span of sessions, it draws directly on the tradable float because ETF creations are backed by spot holdings in custody. Aug. 25 through Aug. 28 all printed positive totals, a sequence that coincided with a post Jackson Hole reset in rate expectations after Chair Jerome Powell said policy conditions may warrant easing, as shown in the Federal Reserve’s posted remarks.

Positioning through the fourth quarter centers on two linked variables, flow persistence and price elasticity. A simple translation of daily dollars into coins shows the scale.

At $50 million in average daily net creations, ETFs would absorb roughly 13,600 BTC over 30 trading days, 27,100 BTC over 60, and 40,700 BTC over 90.

At $100 million, the draw becomes about 27,100 BTC, 54,200 BTC, and 81,300 BTC over the same intervals.

At $150 million, the totals reach about 40,700 BTC, 81,300 BTC, and 121,900 BTC. A second lens fixes demand in issuance multiples, where one, two, and three times daily issuance over 60 trading days align to about 27,000 BTC, 54,000 BTC, and 81,000 BTC, respectively.

None of these figures embed a flow-to-price coefficient; they map the potential coin withdrawal relative to the steady 450 BTC of new supply.

Holdings data frame the available float. Trackers show roughly 1.292 million BTC now sit inside U.S. spot ETFs across issuers, led by IBIT, which holds about 747,000 BTC, according to WalletPilot’s ETF dashboard.

As creations accumulate shares, the underlying coins consolidate at custodians, which can amplify spot price sensitivity when order books are thin. The effect toggles with flows, and recent months have seen alternating streaks of creations and redemptions, a pattern visible in the rolling tables on Farside Investors.

Macro policy remains the background variable. Powell’s Aug. 22 Jackson Hole speech outlined a willingness to adjust rates as labor conditions evolve, which markets read as a higher probability of near-term easing.

Lower policy rates can recalibrate relative demand for duration and hedge assets, a channel that has historically supported gold and, by extension, spot-backed bitcoin funds when allocations are flowing.

The limits of this setup are straightforward. Dollar flows are volatile by day, creation mechanics vary by issuer, and price changes modify the BTC per dollar translation. Still, the arithmetic of the past week isolates the core dynamic.

On Aug. 28, U.S. spot funds added $178.9 million, about 1,620 BTC at recent prices, against roughly 450 BTC of new issuance. Aug. 28 was the fourth consecutive inflow day for the group.

Mentioned in this article

Pennsylvania lawmaker Ben Waxman, a Democrat, has introduced a bill that would prevent public officials from owning or transacting in digital assets while in office.

The proposal, known as the House Bill 1812 (HB1812), aims to amend the state’s ethics and financial disclosure laws and extend those restrictions to officials’ immediate families.

The legislation covers a broad spectrum of digital assets, including cryptocurrencies, memecoins, NFTs, and stablecoins, and would apply both during an official’s term and for one year after leaving office.

Under the proposal, public officials must divest any digital holdings within 90 days of assuming office or from the bill’s effective date. The prohibition would extend beyond direct ownership, applying to assets held through companies, trusts, funds, or financial products such as derivatives and ETFs.

Lawmakers must also disclose any digital asset holdings worth more than $1,000 in their annual financial statements.

Meanwhile, violations of the proposed law could trigger significant consequences.

Ethics breaches in Pennsylvania can carry felony charges, meaning that public officials who fail to comply could face civil penalties of up to $50,000 or even prison time.

According to the crypto legislation tracking platform Bitcoin Laws, HB1812 has only cleared the first committee stage, the second of six steps required before it could become law.

Democrats raise efforts to curb digital asset conflicts

Waxman’s proposal aligns with a growing effort among Democratic lawmakers to curb potential conflicts of interest tied to digital assets.

Earlier this year, Congressman Sam Liccardo proposed legislation to prevent government officials and their families from profiting from cryptocurrencies, including memecoins.

His bill sought to ban elected officials, spouses, and dependent children from issuing, promoting, or financially benefiting from digital securities and commodities, calling the measure “a way to make corruption criminal again.”

Over the years, the Democratic Party has taken a consistently cautious stance toward crypto.

Senior lawmakers such as Senator Elizabeth Warren and Representative Maxine Waters have argued that public officials’ involvement in digital asset markets, illustrated most recently by figures like President Donald Trump, raises ethical and legal concerns.

They have also continued highlighting risks tied to the industry, ranging from market volatility to the potential for misuse in illicit finance.

Mentioned in this article

The latest Bitcoin bull run feels different.

Scratch that. Every bitcoin bull run feels different, as each cycle brings with it fresh narratives and new blood. But there’s one element that’s always been consistent throughout Bitcoin’s history, and that’s retail interest in buying into freedom tech and f**k you money. Well, Bitcoin to the moon rallies, at least.

Retail is sitting this Bitcoin bull run out

Remember retail? Because all I hear is crickets…

Literally zero taxi drivers, no friends’ cousins twice-removed, or kindergarten teachers asking if it’s too late to buy. Despite some analysts’ conviction about Alt Season revving up, I haven’t even been asked about Fartcoin, Dogecoin, or Ripple, and I have a pretty good templated answer to the latter, if you’d like to borrow.

Anyway, the point here is this: retail is sitting this Bitcoin bull run out, and it can’t be because of a lack of awareness. This time it’s different. Somewhere between the Bitcoin ETFs, presidential pumps, and Larry Fink taking over at the WEF, retail decided this game was no longer for them.

Dare I say it? Bitcoin’s just no fun anymore, or maybe retail got so badly burned last time around they finally learned not to play with fire. No one’s even casually searching for news: Google Trends for Bitcoin isn’t even grazing a mild peak next to Japanese walking and Labubu dolls.

That no one uses Google to search for anything anymore could arguably be a factor in this, but still, the silence from distant relatives and service workers is palpable.

100 days over $100K

You would hardly even notice that the number-one crypto has spent 100 consecutive days above $100k; a psychological feat, a generational inflection point. Each time Bitcoin has leapfrogged a major round number ($100, $1,000, $10,000), it has ushered in a new era of adoption, investment, and hockey-stick price action.

Yet, this time around, nobody cares.

Not only is Bitcoin sustaining celestial highs and carving out new all-time tops, but its technical backbone is strengthening. Bitcoin’s 200-day moving average crossed above $100,000, a powerful signal for traders and long-term holders alike.

In every Bitcoin bull run, breaking and holding above historic resistance on both price and moving averages has preceded periods of continued momentum. But retail is nowhere to be found.

This cycle has even flushed out some of the longest-standing Bitcoin whales, making way for the same corrosive institutions that Bitcoin was meant to abhor.

Crypto in your 401k

2025 has also seen a quantum shift in retirement planning with Bitcoin and other cryptos being legally allowed in mainstream retirement accounts, opening direct access for tens of millions of Americans to accumulate hard money for their futures.

But retail couldn’t care less.

They’ve packed their bags all the way to the virtual Bahamas and said “Let’s sit this one out.” And while Bitcoin has arguably morphed from a speculative trade to a staple of retirement portfolios and institutional diversification, retail’s absence feels incredibly sad.