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🟢🏛️ Government Shutdown Nears End, Bitcoin Rebounds

Hello there you embodiment of curiosity;

Welcome to today's edition of Osiris News. There’s a sense of gears grinding back into motion, the slow groan of a big machine waking up. The fog isn’t gone, but the gridlock is lifting, and the market is blinking into the light, weighing fresh opportunity against a different kind of storm.

The story today is about the cost of turning the lights back on in Washington. For 41 days, a record shutdown left key agencies dark. With a funding bill now moving through the Senate, the silence is breaking. Regulators return to a mountain of backlog, and politicians return to microphones with big ideas. Today, we look at what happens when government gets back to work.

🔍 Quick Overview

• Institutional Bitcoin Rush: JPMorgan, MicroStrategy, and peers are adding size to BTC stacks, signaling Wall Street is moving in, not just kicking tires.

• Gov Reopens, BTC Bounces: The U.S. shutdown ended and Bitcoin ticked higher as regulators returned to their desks.

• Digital vs Old Gold: Central banks keep buying gold while Bitcoin leans on its fixed supply to strengthen the scarcity case.

• Privacy Coins Pop: Zcash ripped more than 750% back into the top 20, reviving the privacy trade, though the pace looks overheated.

• DeFi’s Rocky Road: Stream DeFi imploded over misused funds and Plasma saw heavy outflows, a reminder that even the fastest on-chain lanes have potholes.

Trending News

🟠📈 Bitcoin Jumps 4.4% as US Government Shutdown Nears End

Crypto markets surged following reports of a bipartisan funding deal to end the 40-day U.S. government shutdown. Bitcoin rose 4.4% to $106,119, with Ethereum and other major altcoins also seeing significant gains. The resolution eases market nervousness and restores regulatory functions, paving the way for risk assets to benefit from a more favorable macro environment.

📊📉 Bitcoin ETFs See $1.2B Outflow Amid Price Rally

Bitcoin and Ethereum ETFs experienced significant outflows last week, totaling $1.2 billion and $508 million respectively, despite price increases for both assets. This capital exodus is attributed to investors trimming positions after earlier robust inflows, not panic selling. The market shows evolving investor discernment, with Solana ETFs attracting $137 million, indicating a rebalancing act as crypto integrates into traditional finance.

💰🤖 Rumble Buys Northern Data for $967M AI Push

Rumble is acquiring Northern Data, an AI and high-performance computing firm, in a deal valued up to $967 million, with Tether as a key investor. This acquisition aims to build an independent AI ecosystem and bolster Rumble's technical capabilities with 22,400 Nvidia GPUs. Tether's significant investment and commitment to GPU services highlight a trend towards vertically integrated digital systems and decentralized AI infrastructure.

🌐📈 Bitcoin Rallies as Dollar Index Stalls, Liquidity Eases

Bitcoin and other cryptocurrencies are showing signs of a potential rally, driven by easing financial conditions and improved dollar liquidity. The spread between SOFR and EFFR has significantly decreased, and banks' borrowing from the Fed's repo facility has fallen to zero. A stalled U.S. Dollar Index and reduced short-term funding pressures create a more favorable environment for risk assets like crypto.

This tiny pause brought to you by “please let this help pay the bills” 👀

Beyond the Noise

The weekend delivered the headline markets wanted. The Senate narrowly advanced a bill to end the shutdown, and risk assets jumped. Bitcoin pushed through Sunday, clearing $100K and touching $106,000 Monday morning, a clean, decisive move. Reopening the SEC and CFTC restarts the frozen pipeline for ETF approvals and long-stalled guidance. The quiet moral lens: thousands of federal workers who help shape this industry can finally exhale.

Narrative fuel followed fast. President Trump floated a $2,000 “tariff dividend” for all Americans, claiming import taxes would fund it. (Source: White House Press Briefing). Polymarket traders put the odds near 21%, but the idea alone stirred speculation and added froth to the rally. In crypto, the story often moves price before policy does.

Meanwhile, the signal: JPMorgan Chase quietly lifted its stake in BlackRock’s iShares Bitcoin Trust (IBIT) by 64% in Q3, now worth about $312 million. This isn’t a bet on a sound bite; it’s a long-horizon allocation from one of finance’s heaviest hitters, which now projects Bitcoin could reach $170K within a year.

That steady bid is broadening. MicroStrategy (MSTR) raised $715 million in preferreds, double its target, to buy more Bitcoin, adding to its 640,000+ BTC stack. Tether continued its policy of converting profits to BTC, purchasing 961 coins (~$97 million) on a dip. It now holds over 87,000 BTC, with $4.55 billion in unrealized gains. This is capital that ignores the daily theater and keeps accumulating.

Zoom out, and it fits a wider flight to scarcity. The old order is creaking. Central banks reportedly sold $48 billion of Treasuries while buying a record $92.7 billion of gold this year. Gold is up 57% YTD. It’s the oldest inflation hedge. Bitcoin is the harder, programmable version: a supply capped at 21 million. You can mine more gold; you cannot mint the 21,000,001st Bitcoin.

Amid all this, a sharp counter-current: Zcash (ZEC) has surged over 750% since October, reclaiming a top-20 slot. Arthur Hayes says ZEC is his fund’s second-largest position, dubbing it an “encrypted Bitcoin.” The signal is growing demand for financial privacy as regulated on-ramps widen. As the gates in open finance get taller, the value of an exit that preserves discretion rises too.

This Caught My Eye:

Here’s a breakdown of the chart:

• Stablecoins have become crypto’s cash-flow engine, capturing up to 75% of protocol revenue as demand for on-chain dollars and settlement rails keeps accelerating.

• This shifts power from speculative apps to financial infrastructure, with issuers now sitting at the center of liquidity, payments and cross-chain settlement flows.

Looking Ahead

Two forces are pulling the market. On one side: noisy, unpredictable politics. The end of the shutdown and talk of stimulus spark short-term swings, loud, messy, and perfect for headlines. On the other: the slow, heavy tide of institutional adoption, balance sheets, ten-year plans, and structural reallocations into a new asset class. That force doesn’t react to headlines; it writes them.

Key near-term catalyst: Thursday’s CPI, which will shape the Fed’s next step. The bigger question is whether the foundation laid by the JPMorgans and MicroStrategys now makes political shocks feel less like earthquakes and more like distant thunder.

Until tomorrow,
- Dr.P