1. Trump Backs Bitcoin, Market Reacts
President Donald Trump called Bitcoin a check on government tyranny, voicing support for:
Self-custody
Fair mining policies
Pro-Bitcoin legislation currently under consideration in Congress
Markets reacted fast: Bitcoin jumped nearly 2%, briefly topping $119K before settling around $118.4K.
This came during Crypto Week in D.C., when the House is working to advance three major crypto bills. Trump’s comments may have helped break a procedural logjam. It marks the first time a sitting U.S. president has directly endorsed Bitcoin’s core value.
2. Wall Street’s $4B SPAC Bet on Bitcoin
Cantor Fitzgerald is finalizing a deal to buy more than $3B in Bitcoin through a SPAC — a special purpose acquisition company used to raise capital fast through a merger.
The partner? Blockstream Capital, led by Bitcoin OG Adam Back. Total deal size could hit $4B.
A move like this — finalized during Crypto Week — signals strong institutional appetite and could trigger broader supply shocks and copycat investments.
3. Devs Move to Protect Bitcoin from Quantum Threats
Bitcoin developers are proposing a way to protect older wallets — holding about 25% of all Bitcoin — from future quantum computer attacks.
Led by Jameson Lopp, the plan would gradually migrate these coins to updated, quantum-safe wallets. Otherwise, they may become inaccessible by 2030.
Experts say that quantum computers, which can break today’s encryption, could arrive by 2027, making this a proactive move to stay ahead of the curve.
I’m Ross Brand — tracking what matters in Bitcoin and helping you make sense of it.
📩 Subscribe at rossbrandbitcoin.substack.com
Bitcoin Universe is for informational purposes only and does not constitute financial advice.
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