Plus: Melania Trump promotes her memecoin again

GM. There's no shortage of crypto news, but not all of it's ripe for picking.

Here's the handful worth putting in your basket today:

🚀 This could be one of Bitcoin's biggest growth moments yet.

👀 It's time to tell you something...

🍋 PayPal alternatives, Melania Trump memecoin promo + more

🚀 This could be one of Bitcoin's biggest growth moments yet

You know how some couples share a joint bank account?

Now, imagine a couple where one partner keeps spending more than they bring in - fancy dinners, new gadgets, whatever.

At first, the other partner covers it. But eventually the hole gets so big that it becomes an issue for both of them.

That's basically what Arthur Hayes, a well-known Bitcoin billionaire and ex-CEO of the trading platform BitMEX, says is happening in Europe right now.

Here, France is the one overspending, and the one that'll have to pick up the tab is the European Central Bank (ECB).

The fun part in this situaysh: Hayes thinks this could send people running toward Bitcoin 😏

In a recent blog post, Hayes discussed the French government's growing debt - and the growing difficulty of financing it.

Normally, that would be France's problem, but because France is one of the biggest countries in the eurozone, it becomes the European Central Bank's problem, too.

The ECB can't let France fall apart because that would risk breaking the entire euro system.

According to Hayes, this leaves the bank no choice but to make the money printer go brrr. In other words, print a ton of new euros to cover the cracks.

And here's where Bitcoin enters the story.

Hayes says that once people realize the ECB is inflating the euro supply, they'll wanna move their wealth into something that can't be printed endlessly.

His pick is obvious: Bitcoin, which has a capped supply of 21M coins.

Matter of fact, we've seen this kind of thing play out before in countries like Argentina or Turkey: when their local currencies started losing value, people started moving their savings into US dollars or crypto to protect their purchasing power.

So, he says that same behavior could show up in Europe, too. Except there would be a difference: scale. Europe is one of the biggest economies in the world.

If that kind of switch happened there, it would directly drive massive new demand for Bitcoin and could change the market on a global level.

And this consequence... ay, I mean, it wouldn't be too shabby 😏

👀 It's time to tell you something...

Ladies and gentlemen, the wait is finally over.

I'm beyond excited to announce that BitDegree Season 8 is officially confirmed! 🎉

Season 7 was a blast: a $30K airdrop, bonus prizes, and exciting challenges. The vibes, the energy, the community - it was truly unforgettable 🥹

And you can expect this season to be even bigger, louder, and way more fun!

More info dropping sooner than you think 😉 Download the BitDegree app and you'll be the first to get it!

🥝 Memecoin harvest

Degens eating good off hopium shots and vibes 🚀

Data as of 10:40 AM EST.

Check out these memecoins and plenty more here.

🍋 News drops you can't miss

💸 PayPal not cutting it anymore? Check out our guide on the best replacements worth trying.

👠 Melania Trump shared an AI-generated video to promote her memecoin, MelaniaMeme (MELANIA). I guess we're ignoring those concerns over the team dumping their tokens?..

🏦 The ECB is still testing the idea of a digital euro. It's now brought in a few tech companies to help build the systems that'd be needed if it actually launches.

🚀 Michael Saylor's Strategy now holds about $77.4B in Bitcoin. This higher valuation's because of Bitcoin bouncing back up to $120K.

👀 A former Singapore Armed Forces diver admitted he stole over $1M in crypto. He did it by taking a pic of a handwritten recovery phrase in the victim's apartment.

🍌 Juicy memes