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The Bitcoin Act

@thebitcoinact.bsky.social

We cover #Bitcoin & #legal news in our free newsletter πŸ“°, and share updates, polls & the best Bitcoin memes on Bsky 😎. Save time, stay informed, laugh a little. πŸ‘‰ https://thebitcoinact.beehiiv.com/ πŸ“°

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US won't 'bail out' Bitcoin, says Treasury Secretary Bessent The comments came during Bessent's Congressional testimony on Wednesday in a tense exchange with California Representative Brad Sherman.

US won't 'bail out' Bitcoin, says Treasury Secretary Bessent

The comments came during Bessent's Congressional testimony on Wednesday in a tense exchange with California Representative Brad Sherman.
#btc #crypto #news

05.02.2026 17:57 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
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Meme of the day #Bitcoin

05.02.2026 14:39 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

The future will tell!

05.02.2026 10:46 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

BlackRock’s iShares Bitcoin Trust (IBIT) led the outflows with roughly $373 million (or up to $373.83M in some trackers) redeemed on the day

05.02.2026 10:45 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Bhutan has followed a pattern of periodic, measured sales in batches (often ~$50 million clips), with notable activity in mid-late 2025 as well.

05.02.2026 10:29 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Bhutan has followed a pattern of periodic, measured sales in batches (often ~$50 million clips), with notable activity in mid-late 2025 as well.

05.02.2026 10:20 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

This is the dip we begged for in 2025 euphoria. Stay humble, stay stacking.

05.02.2026 09:45 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

This represented roughly 20% of the entire known illicit crypto ecosystem that year, which Chainalysis pegged at over $82 billion in laundered funds.

05.02.2026 09:42 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Interesting article!

05.02.2026 09:41 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

UBS is adopting a deliberate "fast follower" strategy in digital assets and tokenized products, rather than being a first-mover or "front runner."

04.02.2026 23:29 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

HODL 🧑🧑

04.02.2026 23:25 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

This represented a 149% year-on-year increase from approximately 3,839 BTC at the end of 2024.

04.02.2026 23:25 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Antminer S21 series (S21, S21+, S21 Hyd.) are approaching their shutdown thresholds, estimated at $69,000–$74,000 per BTC (based on typical electricity costs of around $0.08 per kWh and prevailing network difficulty).

04.02.2026 22:21 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

It’s the kind of moment when your beliefs are put to the test. Will you give in?

04.02.2026 22:18 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Anne Le HΓ©nanff, Minister Delegate for Artificial Intelligence and Digital Affairs, stated in a late January 2026 Franceinfo interview: "VPNs are the next topic on my list", describing the under-15 ban as "only the beginning" or "just the first step."

04.02.2026 22:11 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

πŸ‘‰ If you care about #Bitcoin, law, and sovereignty, my newsletter breaks this down. ⚑️ Subscribe and stay ahead!

04.02.2026 17:46 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

4/ Stablecoins = trackable fiat proxies, vulnerable to gov crackdowns. BTC needs no issuer, no permission.

Self-custody means your keys, your sovereignty. Exchanges get sanctioned, Bitcoin endures.

04.02.2026 17:46 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0

3/ OFAC now hits platforms, not just wallets. Centralized custody/KYC makes them easy targets for freezes/bans.

Bitcoin? No central point. Nodes enforce globally. Code resists sanctions.

04.02.2026 17:46 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0

2/ Treasury (Jan 30): Designated under E.O. 13902 (Iran finance) + 13224 (IRGC support).

First time whole exchanges sanctioned as part of Iran’s financial sector. Mostly USDT/Tron flows traced by Chainalysis/TRM/Elliptic.

04.02.2026 17:46 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0

🧡 Legal thread of the week: OFAC sanctions first #crypto exchanges over Iran links: UK-based Zedcex & Zedxion hit for IRGC evasion. πŸ‘‡

04.02.2026 17:46 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0

CryptoQuant’s head of research, Julio Moreno, has stated Bitcoin entered bear territory as early as November 2025!

04.02.2026 17:19 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

During Galaxy’s Q4 2025 earnings call (reported February 3-4, 2026), he described quantum concerns as largely overblown and often used as an β€œexcuse” or pretext for selling holdings.

04.02.2026 17:17 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

πŸ§‘πŸ‘

04.02.2026 17:13 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Britain’s biggest public BTC holder (2,674 BTC) now trading under SWC at ~42.50p (down slightly from 43p open, market cap ~Β£115-150M).

04.02.2026 16:56 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Liquid Network has long enabled stablecoins with fast, confidential transactions via its sidechain model, but Utexo takes a different route by combining RGB protocol for private, client-validated asset management directly on Bitcoin UTXOs with Lightning Network for instant, low fee payments.

04.02.2026 15:54 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Price has since slid further into the mid-to-low $70Ks

04.02.2026 15:51 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

I don’t have any prediction for the short term, but only convictions in Bitcoin in the long term.

04.02.2026 15:38 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Love this tracker! 🧑

04.02.2026 15:36 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

These β€œfurther slide” warnings often mark local bottoms

04.02.2026 15:05 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

πŸ‘€πŸ‘€

04.02.2026 14:31 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

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