The post Bitcoin price up 1,300% since the Fed said it had ‘infinite cash’ appeared on BitcoinEthereumNews.com.

This is a segment from the Supply Shock newsletter. To read full editions, subscribe. We’re back with another collection of cool bitcoin stuff from all corners of the internet.  First, a quick reminder to join Pete Rizzo, the Bitcoin Historian, twice a week as he explores the latest in bitcoin with a historical twist, featuring interviews with the most important developers and investors in the space today.  Read more about the Supply Shock vision. Now, onto the roundup! A presidential first It’s hard to beat this: the first sitting US president to ever address a bitcoin and crypto conference. “A very big hello to everyone at the Blockworks Digital Asset Summit; it’s an honor to speak with you about how the United States is going to dominate crypto and the next generation of financial technologies,” Trump told the crowd in New York last Thursday, in a pre-recorded message. Trump re-upped his pledge to make the US an “undisputed bitcoin superpower,” and end the Biden administration’s “regulatory war” on bitcoin. That includes the “lawless Operation Chokepoint 2.0,” which has seen US-based bitcoin companies struggle to maintain banking partners. “It was a form of lawfare through government weaponization. Frankly, it was a disgrace,” Trump said. Strategy executive chairman Michael Saylor appeared onstage shortly after the Trump address to present his 21 Truths of Bitcoin, followed by a sit-down interview with Rizzo for Supply Shock.  Name a more iconic trio. Moby Degen This past week, a spiritual sequel to 2014’s story of the BearWhale played out on Hyperliquid with a tokenized version of bitcoin…only the bulls weren’t so lucky this time around. One trader — whom ZachXBT later linked to a string of allegedly dodgy behavior — had opened a short position with 40x leverage reportedly worth as much as $449 million.  In…

---

Filed under: News - @ March 24, 2025 4:26 pm