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Bitcoin broke $92K - what's driving this pump?

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Plus: The country testing blockchain for property deeds

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GM. In the blender that is crypto, we're filtering out the pits and serving the good stuff.

Here's what made it into today's glass:

🍍 Wall Street money flows into Bitcoin;

🏛️ Georgia puts land on-chain;

🍋 UK pushes for legal status for crypto, BlackRock's Larry Fink and Rob Goldstein praise tokenization + more

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🍍 Market flavor today

Fear and Greed Index
Find out more about the Fear & Greed Index here.

 Crypto Market Cap: $3.12T 1.91% (24H)
  Name   Price 24H 7D
Bitcoin Bitcoin BTC $92,312.06 1.99% 6.34%
Ethereum Ethereum ETH $3,077.64 2.82% 5.59%
XRP XRP XRP $2.17 0.91% -0.14%
BNB BNB BNB $896.03 3.12% 3.83%
Solana Solana SOL $140.68 2.78% 3.38%
Prices as of 11:00 AM EST. Click here to see live data.

Are you smelling that? 👃 Is that coffee?

Oh, I think it's Bitcoin - it just took a big sip of espresso.

That espresso: the story we covered yesterday.

Vanguard, which had been the stodgiest, most anti-crypto big-money old guard out there, is finally letting its 50M clients trade regulated crypto ETFs (Bitcoin, Ethereum, XRP, Solana).

Eleanor Terrett's tweet about Vanguard crypto ETFs

Source: @EleanorTerrett

So the market smelled money - and reacted.

👉 Bitcoin ripped from the low-$80Ks to above $93K;

👉 ETH pushed back above $3K;

👉 A bunch of large-cap tokens rallied;

👉 Shorts got squeezed hard;

👉 And ETFs saw fresh inflows.

Now, here's why this feels like more than just a pump: this is structural.

Vanguard isn't just playing speculate-and-dump. It's opening a regulated, accessible on-ramp for millions of "normal finance" investors.

That means if even a fraction of those accounts dip in, demand could outlast mere hype.

BTC ETF flows table

Source: Farside Investors

And, bonus twist: macro vibes are playing along.

With rate-cut hopes rising and liquidity conditions softening, risk assets look more appealing again - so crypto got the tailwind too.

Target rate probabilities, 12-03

Source: CME FedWatch

Still, yes, some analysts warn we shouldn't get carried away.

Vanguard isn't launching its own crypto products, and not everyone there is gonna immediately throw big money at crypto.

That said... they also might.

And if they do, even a little, it could push us a lot higher.

Now: eyes on ETF flow data. Eyes on macro signals. And - maybe - eyes on those investor accounts that used to avoid crypto.

The party might just be getting started 😏

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🥝 Memecoin harvest

Here's what your therapist will ask about this week 🛋️

Data as of 09:34 AM EST.

Check out these memecoins and plenty more here.

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🏛️ Georgia puts land on-chain

Think about the last time you dealt with government paperwork.

That weird limbo where you give over your house deed, pray someone doesn't spill coffee on it, and wait six weeks for a stamp from a guy who still uses Windows XP 🙃

Well, seems like one country got sick of this mess.

Georgia just signed a deal with Hedera to explore putting its entire land registry on-chain.

Not maybe-someday-on-chain. The Ministry of Justice is literally sitting down with Hedera's tech team to see how fast they can migrate real estate records from dusty cabinets to a public ledger 🚀

Meeting between the Ministry of Georgia and Hedera representative.

Source: Ministry of Justice of Georgia

And this isn't their first rodeo. Years ago, Georgia experimented with anchoring land records on the Bitcoin blockchain just to test durability.

So this new partnership is kinda like them saying, "We tried the training wheels. Bring the full adult bike" 😤

Now, why does this matter? Because property ownership is the ultimate real-world asset.

If the chain can hold something as high-stakes as who owns the land under your house, it can hold basically anything. Titles. Bonds. Identity. Trade records.

Jarvis, tokenize my entire existence

This is the pitch RWA people have been screaming for two years - and now a sovereign government is actually testing it.

And yeah, it's kind of wild to imagine a government letting a public blockchain keep score on who owns property. But swap out the sketchy filing cabinet for a transparent ledger and suddenly the whole system gets cleaner.

More secure. Less... human error.

This is the stuff that moves crypto from "fun casino with dog coins" to "the rails countries run on."

A land registry is not hype. A land registry is civilization-level infrastructure.

So when a government says, "Put it on-chain," that's not just bullish for Hedera - it's bullish for the entire idea of crypto handling real value.

Because if a blockchain can safeguard your house, it can safeguard pretty much anything 🏠

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🍋 News drops you can't miss

🇬🇧 The UK just made it official - crypto and stablecoins now count as personal property. The Property (Digital Assets etc) Bill got Royal Assent yesterday, so now your digital coins actually have legal backing.

🏦 BlackRock's Larry Fink and Rob Goldstein say tokenization could help old-school finance and digital assets work better together. But don't expect tokenized stuff to take over banks or Wall Street anytime soon.

🤝 Yi He, who helped start Binance, is now co-CEO alongside Richard Teng. This move's all about pushing Binance's global reach and growing their Web3 plans.

📢 The Australian Bitcoin Industry Body called out the Australian Broadcasting Corporation for an article they say painted Bitcoin as mostly a crime tool. They're saying the piece was misleading and got key details about Bitcoin wrong.

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🍌 Juicy memes

Meme about various emotional states of a trader displayed through facial expressions.

Source: @Trader_Theory

Meme about the absurdity of human innovation contrasted with nature's beauty.

Source: @btc_charlie

Meme about the cyclical optimism and despair in cryptocurrency markets.

Source: @dogeofficialceo

Gode S. Web3 Market Analyst
Gode is a Web3 Market Analyst who researches the most important industry events and interprets how they affect the wider Web3 space. Her formal education in media culture & digital rhetoric allows her to employ a methodical approach to evaluating critical Web3 news data, including large-scale events and the wider social sentiment within the ecosystem.
Gode is a mutilingual professional, having studied in multiple universities all across Europe. This allows her to have a one-of-a-kind opportunity to analyze Web3 social sentiments spanning different cultures and languages and, in turn, develop a much deeper understanding of how the Web3 space is growing within different communities. With the rest of her team, Gode works to identify crucial crypto news patterns and provide unbiased and data-driven information.
Gode’s passions include working and communicating with people, and when she’s not researching Web3 news, she spends her time traveling and watching true crime documentaries.

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