A coalition of AI companies unveiled a Super Political Action Committee (SuperPAC), designed to influence US technology policy and strengthen the nation’s position in the global AI race, according to an Aug. 25 press release.

The group, Leading the Future (LTF), pledged to back candidates who support innovation while pushing back against legislation that could slow deployment.

The launch is backed by more than $100 million in contributions from high-profile investors and technologists. Notable supporters include venture capital firm Andreessen Horowitz (a16z), OpenAI’s Greg and Anna Brockman, Rob Conway, Joe Lonsdale, and AI startup Perplexity.

LTF’s mission

According to its mission statement, LTF intends to craft a bipartisan agenda that keeps the US at the center of AI development. The organization plans to build political networks across federal and state levels, ensuring technology-friendly candidates gain traction in future elections.

Collin McCune, head of government affairs at a16z, described the initiative as a milestone in the firm’s long-term strategy to support pro-technology lawmakers. He warned that failing to establish a favorable policy could cost the US its leadership role in the emerging industry.

Considering this, McCune stated:

“AI isn’t hype or science fiction, it’s already here. This technology can drive the next wave of American growth, create new jobs, and unlock productivity across every sector of the American economy. But make no mistake: this is also a race with China. If we don’t have the right policies, we risk ceding the future of AI, and with it, America’s economic strength and national security.”

The PAC will be directed by political consultants Zak Moffatt and Josh Vlasto. Initial operations will begin in New York, California, Illinois, and Ohio before expanding nationally in 2026. LTF will become active in the 2026 election cycle, financing campaigns aligned with its pro-innovation policy platform.

Following cypto’s example

The AI industry’s political push closely mirrors tactics used by the crypto sector during the last elections.

In the 2024 election cycle, crypto-funded PACs spent hundreds of millions to influence congressional races, from California’s Democratic Senate primary to tightly contested House contests in Virginia.

That investment has since paid significant dividends, with the US government now more inclined towards the industry and having implemented a series of pro-crypto initiatives designed to allow the space to thrive.

Still, the industry players have raised an additional $141 million to expand their lobbying presence in the forthcoming mid-term elections.

Mentioned in this article

The second-largest US-based crypto exchange by trading volume is reportedly an initial public offering (IPO) candidate for next year.

Citing people familiar with the matter, The Information reports that Kraken is eyeing to raise $500 million at a $15 billion valuation.

The price tag represents a significant increase from when the 14-year-old Coinbase challenger was valued at just $11 billion in 2022.

The report says the valuation may impact the company’s plans to go public.

“What it doesn’t really have is the kind of roster of institutional investors it would likely need to pull off a public listing. This latest round could help, if it can get investors comfortable with that valuation.”

In March, Bloomberg reported that Kraken is planning a public debut in the first quarter of 2026. The development comes as a number of other crypto companies consider a stock launch following the election of Donald Trump, who vowed to support the digital assets industry.

Kraken has already started to publicly release its financial figures. In moving forward to a potential IPO, the exchange said that it is taking into account the interests of the company’s stakeholders.

“We recently disclosed 2024 financial highlights to be more transparent about our business, which is something we started by being first to publish proof of reserves and we’re going to continue to prioritize going forward. We’ll pursue public markets as it makes sense for our clients, our partners and shareholders.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/ittoilmatar

Bitcoin’s quiet rally has captured the attention of Wall Street and beyond, but some voices from OG Bitcoiners like American HODL are predicting that what we’ve witnessed so far is just the calm before an explosive storm.

The Bitcoin treasury bubble thesis

The Bitcoin treasury bubble thesis is that, within just a few years, a tidal wave of corporate, institutional, and possibly sovereign capital totaling as much as $11 trillion could flood into Bitcoin. Some projections suggest that true mania may not hit until 2026 or beyond, potentially sending the price as high as $1 million per coin.

Swan Bitcoin exchange unpacked this thesis, examining the signals, mechanics, and real-world examples supporting the case for a Bitcoin treasury bubble that could rival the wildest days of the dot-com boom. Let’s check it out.

A historic build-up: From $2.4T asset to corporate standard

This month, Bitcoin marked a new all-time high above $120,000, pushing its market cap to $2.4 trillion, trailing only behind Amazon, Apple, Microsoft, Nvidia, and gold.

Yet, this move has come with little public awareness or euphoria. The price has stair-stepped higher in a quiet fashion, led not by retail speculation but by deliberate, low-profile corporate and institutional buying. As Swan pointed out:

“This is the least euphoric bull market we’ve ever seen… and that’s bullish.”

Public companies ranging from Strategy to Metaplanet, GameStop to Trump Media are accumulating Bitcoin on their balance sheets, and more novel models, such as those pioneered by Strive Asset Management, see companies converting cash reserves to Bitcoin, not for speculation but as an inflation hedge and long-term holding.

Weakening dollar, diminished safe havens

JPMorgan CEO Jamie Dimon recently warned that if the U.S. can’t rein in ballooning debt, America might lose its stance as the world’s reserve asset. He said:

“I just don’t know if it’s going to be a crisis in six months or six years, and I’m hoping that we change both the trajectory of the debt and the ability of market makers to make markets. Unfortunately, it may be that we need that to wake us up.”

As of fiscal year 2025, U.S. debt interest payments are projected to reach $952 billion, and as the dollar loses luster, Bitcoin’s narrative as “digital gold” and a reserve asset strengthens.

BlackRock CEO Larry Fink echoed Dimon’s concerns, saying:

“If the U.S. doesn’t get its debt under control, if deficits keep ballooning, America risks losing that position to digital assets like Bitcoin.”

The return of easy money

The bond market is pricing in interest rate cuts, suggesting a potential return to “easy money” conditions as early as 2026. Lower rates mean cheap capital, more risk-on sentiment, and historically, a surge in asset prices, including Bitcoin. As Swan observed:

“Bitcoin ran from $42K → $123K during the tightest monetary policy in modern history.

What happens when liquidity floods back in?”

Remember the lockdown era? When rate cuts during the COVID-19 pandemic spurred rally after rally across crypto markets, culminating in parabolic gains for Bitcoin? With another cycle of rate slashing potentially on the horizon, the setup looks eerily similar.

The Bitcoin treasury bubble mechanics

According to Swan, big buyers are still mostly on the sidelines, finalizing mergers and legal structures. Names like Nakamoto, Twenty One Capital, and Strive Asset Management have yet to fully deploy capital, but are preparing multi-billion-dollar mandates.

As coins are absorbed by corporate treasuries through algorithmic “drip-buying,” available supply dries up without dramatic price spikes.

When enough boardrooms and sovereigns hit “bid” at the same time, price action could turn “reflexive” where buying by one entity triggers more entities to chase Bitcoin, echoing the late-’90s scramble for “internet stories.”

Just like every dot-com needed an “internet story” to survive in 1999, every major firm may soon feel pressure to have a “Bitcoin strategy.” This “narrative contagion” can push prices to unimaginable heights (well beyond what fundamentals alone would suggest).

Where could this lead? $1M Bitcoin and beyond

American HODL, among others, sees a realistic path:

“I think the treasury company bubble can get dot-com level large. We could see a 3–4 year run that takes Bitcoin well beyond a million dollars.”

This isn’t isolated. BitMEX’s Arthur Hayes and long-term Bitcoin advocate Mark Moss also projected a $1,000,000 BTC by 2030.

So is it plausible that we’re seeing the opening moves of a bubble that could rival the dot-com era? The pieces are falling into place. Mania may yet be a year or two away, but if history rhymes, the blow-off top could take Bitcoin to levels few believed possible just a few years ago.

Mentioned in this article

Macro guru Raoul Pal says layer-1 blockchain Sui (SUI) is getting ready for a new phase of outperformance despite its recent consolidation.

On the social media platform X, Pal shares with his 1.2 million followers a chart suggesting that SUI has neared the bottom of a descending channel, and is finding support somewhere near the $2 level.

“For those of you in Sui, these are my chart reads…

Shorter term…”

And zooming out, based on another chart, Pal sees SUI trading within a large triangle pattern, hinting at bullish continuation.

“Longer term…”

Says Pal,

“My view is that as BTC breaks ATHs (all-time highs), [SUI] begins to outperform again and will remain in the top five majors in performance in this cycle.

Patience! Greed, desperation or FOMO (fear of missing out) never works…”

At time of writing, SUI is worth $2.82.

The investor recently said that the trend in the global money supply metric (M2) suggests that Bitcoin (BTC) could go up by around 29% from the current level.

“But at this point, it’s [the price of Bitcoin] really driven by liquidity. It gave us a three-month heads up to exactly the correction [of around $75,000 in April]. And yet Twitter said it’s about tariffs, it’s about the end of the world. It told you, it is telling you, and told you it would be at all-time highs. I told you it would be at all-time highs by May. It tells you we should be over $140,000 by July.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Rumor mill: Since their launch in early 2022, AMD’s X3D CPUs have become the most-sought after CPUs for PC gamers who want top performance, thanks largely to their 3D V-Cache technology, which enables higher frame rates and smoother gameplay. Intel is now reportedly planning to counter AMD’s recent dominance in high-end gaming by incorporating similar technology in its upcoming Nova Lake CPUs.

According to tipster @Haze2K1, at least two SKUs in the Nova Lake lineup will ship with increased L3 cache. Intel calls the new technology “bLLC,” which is short for “big Last Line Cache.” The leaker added that both SKUs with bLLC will feature 8 P-cores and 4 LP-E cores. One will be paired with 20 E-cores, while the other will include only 12. Both chips are expected to have a 125W TDP.

bLLC is an integral part of Intel’s latest Clearwater Forest server CPUs, but the company has so far denied plans to bring the technology to its consumer lineup.

In a November 2024 interview with YouTubers der8auer and Bens Hardware, Intel’s Tech Communications Manager, Florian Maislinger, stated that Team Blue had no plans to introduce a 3D V-Cache-like technology in its desktop processors.

8p, 16e
8p, 12e

Both 4lpe, bLLC, 125w https://t.co/EQo4MiaGpq

– Haze (@Haze2K1) June 17, 2025

In the Clearwater Forest chips, the local cache is integrated into the base tile, which sits beneath the active tiles and acts as an interconnect. Adding more cache to the base tile would make the Nova Lake processors structurally similar to AMD’s 9000-series X3D chips, which also feature V-Cache attached to the bottom of the CPU dies.

Intel’s future lineup will reportedly be led by the flagship Core Ultra 9 485K with 52 cores and a 150W TDP, while the entry-level chip is expected to be the Core Ultra 3 415K, featuring 12 cores and a 125W TDP.

In the first two generations of X3D, AMD placed the V-Cache on top of the CPU chiplets, which led to poor thermals and throttled clock speeds. With its third-generation X3D lineup, AMD moved the V-Cache beneath the chiplets, improving both thermal performance and clock behavior.

Nova Lake-S is expected to launch in late 2026 or early 2027 and is rumored to include at least six desktop SKUs. The lineup will reportedly be led by the flagship Core Ultra 9 485K with 52 cores and a 150W TDP, while the entry-level chip is expected to be the Core Ultra 3 415K, featuring 12 cores and a 125W TDP. The processors are also tipped to use the all-new LGA 1954 packaging and a new socket.

Though Ethereum’s price has been stuck in the doldrums, ETH’s network is booming, according to the crypto analytics firm Santiment.

The firm notes in a recent post on the social media platform X that “the utility and growth of the network continues looking healthier than ever.”

“The amount of new weekly ETH addresses created is ranging around 800,000-1 million per week, compared to about one-third less at this point last year.”

ETH is trading at $2,421 at time of writing. The second-ranked crypto asset by market cap is down more than 3.5% in the past day.

Despite Ethereum’s growing network, Santiment notes that a different layer-1 project, Tron (TRX), has been dominating the social media conversation.

“The Tron blockchain and ecosystem is trending, including its deflationary tokenomics, staking options via Tronscan and TronLink, and its role in stablecoin transactions, especially USDT on Tron.

Discussions include token conversions, swapping, and competition with Ethereum in DeFi (decentralized finance) and stablecoin transfers. Tron is also noted for a potential NASDAQ listing and involvement of notable figures, enhancing its prominence. TRX, the native token, is highlighted for fast, low-cost transactions, a growing DeFi, NFT (non-fungible tokens), and dApp ecosystem, surpassing Dogecoin in market cap, and a $210 million reverse merger attracting institutional interest.”

TRX is trading at $0.273 at time of writing.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

New data from the market intelligence firm Santiment reveals that Dogecoin (DOGE) rival Shiba Inu (SHIB) could skyrocket as whale activity around the meme asset increases.

In a new analysis, Santiment says that historically, deep-pocketed investors making moves worth over $100,000 have predated peaks in prices for digital assets.

“History has shown that seismic upticks in $100,000 whale transactions often come just before prices peak. One of the most telling examples occurred in December 2017, when Bitcoin hit nearly $20,000 for the first time. On December 13, 2017, the number of whale transactions soared to a then-record-breaking amount of 62,317 in a single day, signaling major profit-taking by large investors.”

While this could mean an ensuing crash is coming after the rise in price, Santiment says whale activity doesn’t always necessarily mean this is the case, as high-net-worth investors tend to also purchase during dips rather than sell.

“Sometimes they can be used to find price bottoms, as whales show signs of accumulation. One such moment came following the crash of early May 2021.

While most retail traders were in a flat-out panic after Bitcoin dropped ~45% between May 8 and May 18, 2021, Santiment data showed sudden spikes in whale activity. Instead of selling, whales were buying the dip.”

The crypto analytics firm goes on to say that SHIB currently appears to be in the midst of a whale-driven rally.

“The second-largest meme coin in cryptocurrency may be heavily overshadowed by Dogecoin and other various smaller speculative assets these days. But this latest spike of 527 whale transactions on June 5, 2025, was the largest in five months.

Since this time, the coin’s market value has grown by 10%. Based on what we know about sudden spikes in whale activity as prices are falling, this could be a good sign that it’s just the beginning of a further price rally.”

SHIB is trading for $0.000012 at time of writing, a 5.5% decrease on the day.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/lexaarts/PurpleRender