Plus: Emirates lets customers pay with crypto

GM. We sliced up the news like Fruit Ninja - no mess, just the best juicy bits flying at your face.

🚀 Bitcoin hits new all-time high.

🍋 News drops: Emirate is letting customers pay in crypto, Snoop Dogg drops NFTs like they're hot + more

🍍 Market flavor today

Crypto Market Cap: $3.52T 3.16% (24H)
Name		Price	24H	7D
	Bitcoin BTC	$112,503.39	3.11%	3.09%
	Ethereum ETH	$2,804.62	5.50%	9.10%
	XRP XRP	$2.47	4.08%	9.90%
	BNB BNB	$670.94	1.37%	2.03%
	Solana SOL	$158.26	2.63%	5.30%

Happy all-time high day, y'all! Bitcoin hit $114K for the first time ever!

*Confetti, champagne popping, people cheering, fireworks, “All I Do Is Win” playing, an elephant trumpeting*

*... wait what*

*uhh, anyways*

Why's it pumping?

CryptoQuant analyst Burak Kesmeci says it's because of US buyers.

He thinks so because when BTC hit $112K, the Coinbase Premium Gap jumped to 42 points.

"🤨 Wtf does that mean?" - glad you asked:

The Coinbase Premium Gap is the price difference between Bitcoin on Coinbase and on Binance.

And at that moment, people on Coinbase were paying $42 more per Bitcoin than on Binance.

Now:

👉 Coinbase is one of the most popular exchanges in the US;

👉 Binance, on the other hand, is more global.

So when prices on Coinbase climb faster than on Binance - and the gap gets bigger - it’s a sign that US demand is growing.

Which matters because strong US demand usually keeps the rally going.

And that's not all.

10xResearch pointed out that for weeks, Bitcoin was mostly moving sideways.

During that time, a lot of retail investors stayed out of the market because it didn’t look exciting.

But at the same time, big investors were quietly buying through ETFs - about $15B worth. That steady buying didn’t make the price jump yet, but it built up strong demand.

Now, that demand is finally showing - Bitcoin started climbing to new highs.

And the traders who sat out earlier are now rushing to buy in, which could push the price even higher.

Oh, and don’t sleep on Ethereum.

According to Swissblock, investors are actively pumping money into ETH, and there’s growing interest in Ethereum-related projects.

Plus, it started outperforming Bitcoin:

👉 ETH is up by over 14% so far this month;

👉 While BTC is only up by around 5%.

And if this trend holds over the next few days - like Swissblock expects - it could be a sign of the start of altseason 👀

💪 Your deposit got a side hustle

Why let your money sit there doing nothing... when it could be making you a bonus?

BitDegree x BloFin have launched a limited-time deal where you can get up to $1,000 in Futures Bonus cashback.

How it works:

💸 Deposit some money into your BloFin Futures account;

🔒 Keep it there for at least 3 days;

💰 Hit at least $50K in taker volume;

🙅 Don’t withdraw during the event...

… and you’ll get 10% of your net deposit back.

Oh, but only the first 100 people get in. So, y’know… don’t overthink it.

Ready?

🥝 Memecoin harvest

We regret to inform you: the dumbest coins are winning again 🤪

Data as of 10:00 AM EST.

Check out these memecoins and plenty more here.

🍋 News drops

🚀 Crypto takes off

After talking about crypto since 2022, Emirates is finally doing something 'bout it - they’ve teamed up with Crypto.com to let customers pay with crypto.

We still don’t know which coins they’ll take or or what exactly you’ll be able to pay for (just the tickets? baggage fees? those overpriced sandwiches??)

Either way, it’s a big step toward mainstream adoption.

Full story here

🦘 Aussie banks get a taste of digital money

Australia’s central bank is running a six-month test drive for digital currencies to see how they can help their financial system.

Local startups and major banks are gonna be testing 24 use cases covering areas like fixed-income trading, private investment markets, carbon credits, and supply chain financing.

Full story here

💨 Snoop Dogg’s NFTs blazed through in 30 minutes

Snoop Dogg dropped some NFTs yesterday, and the internet did not waste time - all 996K of them sold out in under 30 minutes for $12M.

These NFTs let buyers decorate their Telegram profiles or trade them for in-app Stars currency.

Full story here

🥊 Creditor vs. FTX

Weiwei Ji, a Singapore resident with a Chinese passport, is fighting FTX’s plan to block payments to people in crypto-restricted countries.

Ji says the plan is unfair because Chinese law allows people to own crypto, and FTX is paying in US dollars anyway.

Meanwhile, FTX argues paying those countries could still break local laws and even cause criminal charges.

Full story here

🚫 No case against Logan Paul's ex-assistant

A judge said Danielle Strobel, Logan Paul’s former assistant, shouldn’t stay in the CryptoZoo case because Texas doesn’t have jurisdiction over her.

Strobel had a minor role - she held a small stake and got early tokens, but never promoted the NFT game.

Full story here

✈️ Catch us in...

... Berlin 🇩🇪 at the biggest dev event of the year: WeAreDevelopers World Congress 2025! 🧑‍💻

Peeps from BitDegree are here with thousands of other developers, gaining wisdom from the big dawgs shaping the future of technology.

Spoiler: everyone’s basically saying the same thing - AI is the future.

So, be nice to your AI chatbot - it might spare you if they take over...

🍌 Juicy memes

Oh, and one last thing - the newsletter is taking a little break.

We'll back in your inbox on Tuesday.

Don’t miss us too much 😉 (We know we'll miss you...)