1. Peter Thiel Buys 9% of Crypto Miner Bitmine
Peter Thiel now owns 9.1% of crypto mining company Bitmine Immersion Technologies.
The billionaire PayPal cofounder and early Facebook investor made the move into Bitmine, which holds around 154 Bitcoin and 163,000 Ether, valued at over $500 million.
Bitmine stock jumped 15% on the news. Some see it as a strong vote of confidence, not just in Bitmine, but in the long-term value of Bitcoin and Ethereum.
Bloomberg ETF analyst Eric Balchunas says, “Bitcoin exposure is no longer fringe — it’s now part of institutional portfolio theory.”
2. UK Crime Officer Jailed for Stealing Seized Bitcoin
A former naval officer with Britain’s National Crime Agency has been sentenced to five and a half years in prison for stealing £4.4 million worth of Bitcoin. The BTC was part of a seizure from a Silk Road–related drug bust.
It’s a reminder that even law enforcement isn’t immune to the temptation of untraceable digital assets — and why secure custody still matters at every level.
Chainalysis VP Ulisse Dell’Orto says, “Human weakness — not technology — remains the biggest vulnerability in Bitcoin security.”
3. Altcoins Are Popping as Crypto Bills Advance
Bitcoin slipped slightly to around $118,000 this morning in New York City — but altcoins are popping:
Ethereum +9.5%
XRP +7.7%
Solana and Dogecoin each up over 6%
The rally comes as three crypto-related bills advanced in the U.S. House.
Investor Scott Melker of
, a.k.a. The Wolf of All Streets, says, “Altcoins love regulatory clarity. This rotation shows risk appetite is back — at least for now.”🔗 Want to go deeper? Explore the original sources:
Peter Thiel’s 9.1% Stake in Bitmine — Reuters
UK Crime Officer Jailed for Bitcoin Theft — The Guardian
Altcoin Rally Amid House Crypto Bills — Barron’s
“I’m Ross Brand — tracking what matters in Bitcoin and helping you make sense of it.”
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Bitcoin Universe is for informational purposes only and does not constitute financial advice.
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