A New Kind of Volatility

US political chaos is shaking Bitcoin markets worldwide. Why it’s not just an American problem—and what all Bitcoiners need to know.

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LINKS

• 'They've done their homework': The unexpected power of Musk's digital assault on Washington (https://www.politico.com/news/2025/02/04/musk-digital-assault-washington-00202516)

• Analysis: Elon Musk is crowning himself technoking of the federal government (https://www.cnn.com/2025/02/05/business/elon-musk-technoking-trump-nightcap/index.html)

• About 20,000 federal workers accept Trump's buyout offer, official says (https://www.axios.com/2025/02/04/trump-buyout-federal-workers-20000)

• Top Treasury Official Quits Over Clash With Musk’s DOGE (https://www.pymnts.com/politics/2025/top-treasury-official-david-lebryk-quits-over-clash-with-elon-musk-department-government-efficiency-doge/)

• The GENIUS Act (https://www.banking.senate.gov/newsroom/majority/scott-hagerty-lummis-gillibrand-introduce-legislation-to-establish-a-stablecoin-regulatory-framework)

• Tether is back on Bitcoin - Lightning Dominance Is Just Starting (https://bitcoinmagazine.com/takes/tether-is-back-on-bitcoin-lightning-dominance-is-just-starting)

• Taproot Assets on Lightning (https://docs.lightning.engineering/the-lightning-network/taproot-assets/taproot-assets-on-lightning)

• XRP Ledger Temporarily Halts Block Production, Ripple CTO Cites Possible Network 'Drift' - Decrypt (https://decrypt.co/304451/xrp-ledger-temporarily-halts-block-production-ripple-cto)

• Sparrow v2.1.1 released (https://x.com/SparrowWallet/status/1886743169683128829)

• Download - Sparrow Wallet (https://sparrowwallet.com/download/)

• Blockstream Green Desktop v2.0.20 (https://github.com/Blockstream/green_qt/releases/tag/release_2.0.20)

• Fold is expanding its collaboration with Visa (https://www.businesswire.com/news/home/20250204978475/en/Fold-Expands-Relationship-with-Visa-to-Accelerate-Bitcoin-Rewards-Card-Programs)

• Pro-Crypto Scott Bessent Backed As Trump’s Treasury Pick (https://cryptonews.com.au/news/pro-crypto-scott-bessent-backed-as-trumps-treasury-pick-124640/)

MUSIC

• Lose My Shoes | Neon Neverminds (https://podcastindex.org/podcast/7189530?episode=33073136415)