Was this newsletter forwarded to you? Sign up here

📈🏛️ Bitcoin Survives Geopolitical Storm: $100K Defense Holds!

Hello there you embodiment of curiosity;

Welcome to today's edition of Osiris News. If you’re looking at the charts on this quiet holiday Friday and see a market holding its breath, you are not wrong. There is a strange calm in the air, the kind that settles before a summer storm. But beneath the surface, something fundamental is shifting. It’s not about a single price move; it’s about the slow, powerful turning of institutional gears. A corporate treasurer, who just a few years ago would have been fired for suggesting it, is now presenting a Bitcoin allocation strategy to a nodding board, a scene playing out in more rooms than you might think.

This is the new landscape: a world where the most explosive crypto action isn’t happening in degen Telegram channels, but on the stock market, and where the biggest buyers aren’t anonymous whales, but publicly traded companies and the asset managers who serve them. The lines are blurring. The market is caught in a strange cross-current, a tension between the relentless, almost boring, professionalism of corporate adoption and the wild, innovative spirit that got us here. The real story today is not the price, but the changing of the guard.

🔍 Quick Overview

• Bitcoin's New Floor: Bitcoin held its ground above $100,000 for a record month, showing a support floor as sturdy as a reinforced concrete bunker, with big players still buying and eyeing $200K.

• Solana's Ecosystem: Solana’s ecosystem hummed with innovation, from a hackathon winner slashing data costs by 1,400x to a new staking ETF hitting Wall Street, proving it’s more than just a meme coin factory.

• Stablecoin Clarity: The GENIUS Act is fast-tracked in Congress, poised to open the floodgates for stablecoin adoption by banks and retailers, sending Circle's IPO soaring like a rocket, even as Tether faces a legal challenge.

• DeFi's Comeback: DeFi's Total Value Locked surged past $116 billion, signaling a strong return for lending, as a new $250 million fund fuels the tokenization of real-world assets, bringing brick-and-mortar into the blockchain, albeit with some governance bumps.

• Crypto Equities Soar: Traditional finance is diving into crypto via equities, with stocks like Robinhood and BitMine surging, proving that sometimes the best way to ride the crypto wave is on a stock market surfboard.

Trending News

🏛️🔍 House Designates "Crypto Week" for Key Digital Asset Bills

The U.S. House of Representatives has scheduled "Crypto Week" in mid-July to advance legislation on stablecoins, market structure, and CBDCs. This legislative push aims to align with President Trump's digital asset agenda and establish clear rules for the industry. The outcome will likely shape the future of crypto regulation in the U.S., potentially leading to significant market clarity and adoption.

🚀 Bitcoin Approaches All-Time High Amid Rising M2 Money Supply

Bitcoin is trading near its previous all-time high of $109,000, mirroring new highs in the stock market. This surge coincides with the U.S. M2 money supply reaching a record $21.9 trillion. Bitcoin is increasingly viewed as a hedge against inflation and currency devaluation, suggesting potential continued upside in the current macro environment.

💰🚀 Ondo and Pantera Launch $250 M Fund for RWA Tokenization

Ondo Finance and Pantera Capital are investing $250 million into projects focused on tokenizing real-world assets. This initiative aims to bridge traditional finance with digital assets, enabling 24/7 trading of various asset classes. The investment signals strong belief in RWA tokenization as a fundamental shift, providing crucial capital and infrastructure to mainstream the sector.

🚀 Bitcoin ETFs Attract Over $1 Billion in Two-Day Inflows

U.S. spot Bitcoin ETFs experienced a resurgence, drawing over $1 billion in new capital within two days, led by Fidelity's FBTC and BlackRock's IBIT. These funds have accumulated nearly $50 billion in total net inflows since their January launch. The significant inflows highlight sustained institutional and retail interest, with Bitcoin ETF trading now accounting for 28% of all Bitcoin spot market activity.

Beyond the Noise

The bedrock of this new reality is Bitcoin’s stubborn refusal to fall apart. It briefly touched $110,500 before settling, but the real story is the foundation. “Holding above $100,000 average price for over thirty days for the first time ever shows a strong support floor is forming,” as one analyst noted this morning. This is not a speculative spike; it is a new plateau built by relentless, programmatic buying. BlackRock’s spot Bitcoin ETF now holds a staggering $74 billion in BTC. Michael Saylor’s Strategy just keeps going, adding another 20,370 BTC in June. Japan’s Metaplanet picked up 1,111 BTC, bringing its total to a neat 11,111 BTC. And now Anthony Pompliano is in the game with ProCap, a $750 million fund aimed at acquiring up to $1 billion in Bitcoin. This is the "Bitcoin Treasury Investing" strategy in action, a quiet revolution on corporate balance sheets.

This has created a bizarre situation where the most bullish crypto traders appear to be stock market investors. There is simply more money in traditional markets, and fewer ways to get crypto exposure. So they pile into proxies. Robinhood (HOOD) stock is up over 151% year-to-date. A tiny mining firm called BitMine saw its stock soar from $6 to $135 in three days after naming Tom Lee as board chair and raising $250 million from Peter Thiel’s Founders Fund to become an “Ethereum version of MicroStrategy.” Then there is Circle (CRCL), the issuer of the USDC stablecoin. Its shares surged as much as 750% above their IPO price, briefly valuing the company at $62 billion, which is, not coincidentally, almost exactly its assets under management. It’s like valuing a bank at the total amount of cash in its vaults. It’s a wild, speculative fever that shows just how desperate TradFi is for a piece of the action.

Meanwhile, the technological ground keeps shifting, making these bets feel less speculative and more strategic. The Solana ecosystem, for instance, is humming with the kind of innovation that makes institutional money feel comfortable. The biggest problem on a busy chain like Solana is the cost of storing data, what’s known as “state rent.” A project called TAPEDRIVE, which just won the Colosseum hackathon, claims it can make storing data 1,400x cheaper by bundling it with cryptographic proofs. This is not a flashy new dog coin; it is deep infrastructure work, the plumbing that makes the whole system viable. And the market is noticing. The new REX-Osprey Solana + Staking ETF debuted on Wall Street with $33 million in trading volume on its first day, offering investors a 7.3% yield from staking. It’s a product that speaks the language of Wall Street, and it’s dragging altcoins back into the spotlight.

This all happens against a backdrop of regulatory machinery that is finally, slowly, grinding towards clarity. The US House has officially designated July 14–18 as Crypto Week to tackle major legislation. The main event is the GENIUS Act, a bill to create a federal framework for stablecoins. If it passes, and it is expected to, the floodgates could open. Banks and retailers are poised to begin integrations, and new, compliant products are already lining up. Frax has launched a full stablecoin operating system designed to work with the bill, and a firm called OnRe is channeling stablecoins into regulated reinsurance to generate a 16% APY. Even JP Morgan is reportedly launching its own stablecoin. This is the professionalization of the industry, a world away from the wild west days.

Of course, the old world still casts a long shadow. A New York bankruptcy court just gave Celsius the green light to proceed with its $4 billion lawsuit against Tether, a reminder of the lingering ghosts of the last cycle. And not all innovation is created equal. The DeFi space is roaring back, with total value locked (TVL) breaking above $116 billion. The tokenization of Real-World Assets (RWAs) is a major driver, with Pantera and Ondo launching a $250 million fund to accelerate it. But this growth also creates new temptations. Across Protocol, a cross-chain bridge, is facing ugly allegations that team members used insider wallets to secretly pass proposals and transfer ~$23 million from the DAO treasury to themselves. It’s a quiet reminder that code is not law, and trust is still the most valuable asset, easily squandered. Every exploit or instance of self-dealing echoes in the portfolios of ordinary users who believed in the promise of a fairer system.

Even Ethereum, the lumbering giant, is feeling the pressure to keep up. Its price has lagged Bitcoin, but the big money is still accumulating; BlackRock reportedly added over $750 million in ETH in June. The ecosystem is in a state of self-reflection. One core developer, frustrated with the pace, just launched a rival organization with the sole mission of getting ETH to $10,000. At the same time, Vitalik Buterin himself has called out the ecosystem’s “obsession with decentralization for decentralization’s sake,” a warning against simply recreating the old financial system with more steps. He is right to worry. The goal must be to build something better, not just something different.

Zooming out, some are beginning to ask what we are building toward. Futurist Zoltan Istvan has floated the idea of an “Automated Abundance Economy”, a world where AI and robotics perform most essential labor, and a Universal Basic Income (UBI), paid as a dividend from the wealth generated by automation, frees humanity to pursue creativity and connection. It sounds like science fiction, but the technological pieces are falling into place faster than most people realize. It is a vision that avoids the traps of both hyper-capitalism and socialism, a third way forward. The big question for this holiday weekend: what will we do when we no longer have to work to survive?

This Caught My Eye:

Here’s a breakdown of the chart:

• Bitcoin’s unrealized profit currently stands at $1.2T, just shy of its all-time high of $1.3T

• This massive paper gain highlights strong investor positioning but also raises the risk of profit-taking if sentiment cools
  

Looking Ahead

As we close out the week, the dominant theme is this strange marriage of high finance and frontier technology. The suits have arrived, and they are not just visiting; they are buying the block. The corporate embrace of Bitcoin, the "stockification" of crypto exposure through equities like HOOD and CRCL, and the impending regulatory clarity from the GENIUS Act are not isolated events. They are part of a single, powerful narrative: the mainstreaming of digital assets. The market is no longer a separate, speculative island. It is becoming a peninsula, connected to the mainland of global finance, and the traffic is starting to flow both ways.

The road ahead will be defined by how these two worlds merge. Will the buttoned-down professionalism of Wall Street tame the chaotic, creative energy of crypto? Or will the decentralized ethos of the builders reshape the very nature of corporate governance and finance? We will be watching closely as “Crypto Week” kicks off in Washington, and as new products continue to blur the lines between a share of stock and a token on a chain. It is easy to get caught up in the daily noise. But the real work is happening in the quiet spaces between the headlines, where the new financial system is being negotiated, one balance sheet and one line of code at a time.

Until Monday,
- Dr.P