Momentum in the crypto world builds as the SEC’s Project Crypto sets a global example for clearer regulation, while stablecoins quietly revolutionize the payments landscape. Senator Lummis advances the digital asset space by pushing a crypto mortgage bill, reflecting growing crypto involvement in the U.S. housing market. At the same time, PayPal unlocks crypto payments for small businesses, highlighting expanding mainstream adoption across multiple sectors.
Missing Satoshi statue sparks mystery in Lugano — where is it?
A symbolic statue honouring Bitcoin’s mysterious creator, Satoshi Nakamoto, was stolen from Parco Ciani in Lugano, Switzerland. The statue represents Bitcoin’s anonymity with a disappearing faceless figure at a laptop.
The organisation behind the project, Satoshigallery, has offered a reward of 0.1 BTC (around $11,000) for information leading to its recovery.
The theft raises awareness about Bitcoin’s anonymous origins while reinforcing community commitment to digital innovation. Lugano’s mayor, Michele Foletti, previously hailed the statue as a sign of the city’s forward-thinking approach and growing status as a blockchain hub. This isn’t the first Satoshi statue globally; Budapest also hosts a mirrored-face tribute symbolizing that “we are all Satoshi.”
U.S. crypto industry rebounds amid pro-crypto policy and regulatory clarity
Crypto companies are expanding operations domestically following pro-crypto reforms under the Trump administration. SEC Chair Paul Atkins urged a “reshoring” of crypto businesses that had moved overseas. Treasury Secretary Scott Bessent called this the “golden age of crypto,” encouraging startups to launch and grow in the U.S.
Major international firms like Nexo, OKX, Deribit, and Bitmain have announced U.S. market entries or facility openings. Bitmain plans a U.S. ASIC mining production facility by 2026 and will establish headquarters in Texas or Florida.
U.S.-based companies Kraken and MoonPay are also expanding, with Kraken relocating its headquarters to Wyoming and MoonPay gaining licenses to operate nationwide.
Bitcoin whales accumulate nearly 1% of circulating supply amid mixed market signals
Bitcoin whales — those holding 10 to 10,000 BTC — have purchased nearly 1% of total circulating Bitcoin supply over the past four months, according to Santiment analytics. In just 48 hours, whales acquired an additional 30,000 BTC, signalling growing confidence.
However, some large holders took profits, including a whale who sold $9 billion worth of BTC in one day via Galaxy Digital. Despite this, most Bitcoin holders remain profitable, with 97% of circulating BTC still in unrealized gains.
Analysts expect overall crypto market capitalisation to approach $4 trillion in Q3 2025.
Stay informed,
Rodcas Consulting Group