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Now for today’s Top Stories:

• 🧲 Wall Street’s $145T Bond Ocean Starts Drifting Toward Bitcoin

• 🇪🇺 EU Pushes Mass Surveillance Under Child Safety Cover

• 🇷🇺 Russian Power Firms Deploy AI to Hunt Illegal Bitcoin Miners

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Nov 28, 2025

TODAY’S TOP STORIES

🧲 Wall Street’s $145T Bond Ocean Starts Drifting Toward Bitcoin

JPMorgan’s recent move to file with the SEC to launch Bitcoin-backed notes offering 1.5 times leverage on BTC price movements through December 2028 has sparked accusations of hypocrisy and market manipulation, as the bank purportedly spread negative information about Bitcoin treasury companies like Strategy while developing a competing product. Nevertheless, analysts are arguing the seismic move marks the bifurcation of global fixed income markets as traditional finance builds Bitcoin infrastructure, potentially migrating $1.45T to $7.25T toward thermodynamically secured collateral over the coming decade. Shanaka Anslem Perera

🇪🇺 EU Pushes Mass Surveillance Under Child Safety Cover

The EU Council approved a new Child Sexual Abuse Regulation mandate that drops mandatory message scanning but creates financial incentives pressuring tech companies into 'voluntary' mass surveillance. Critics call it a Trojan Horse requiring anonymity-breaking age verification and turning platforms into surveillance agents. The Netherlands, Poland, and Czech Republic voted against the proposal, warning it paves the way for digital authoritarianism while falsely claiming to protect children through consent-based coercion. Reclaim The Net

🇷🇺 Russian Power Firms Deploy AI to Hunt Illegal Bitcoin Miners

Russian state power company Rosseti is using artificial intelligence embedded in smart meters to detect illegal Bitcoin miners stealing over $16M in electricity annually. The technology analyzes consumption patterns and identifies tampering, combating sophisticated operations including mobile mining units in trailers. Recent raids by the Federal Security Service arrested four suspects, including the son of former presidential candidate Andrey Yatsun, for allegedly stealing over $1.5M in power using forged consumption documents. DL News

POLL #416

PREVIOUS POLL RESULTS

QUICK BITS

• Bitcoin’s two-year Market Value to Realized Value Z-Score hit historically oversold levels, matching major bottoms from 2018 and 2022.

• Atlas Solo pool exposes Bitcoin mining pools LuckyMonster and zsolo dot bid for mining Bitcoin Cash while claiming to mine BTC, and stealing miners' hashrate through simultaneous prevhash monitoring across 16 pools.

• Anthony Scaramucci, SkyBridge Capital founder calls JPMorgan Chase's new structured notes tracking the iShares Bitcoin Trust ETF a 'huge' milestone, questioning why the market hasn't fully grasped its significance.

• Strategy launches a new credit rating dashboard showing 70-year dividend runway and 5.9x asset-to-debt ratio to reassure investors.

• Tether is shutting down its bitcoin mining operations in Uruguay after investing only $100M of a planned $500M, citing sky-high electricity costs and lack of competitive tariffs.

• Xapo Bank expands its Byzantine BTC Credit Fund after attracting $100M in initial allocations, developing bitcoin-native wealth products including BTC-backed loans and interest-bearing accounts as Bitcoin lending rebounds.

• Blockrise, a Netherlands-based Bitcoin-only startup, secures MiCA license from Dutch financial regulators, enabling regulated BTC custody and trading across Europe while launching Bitcoin-backed business loans starting at $23,000 for corporate clients.

• Strategy sees its Bitcoin-backed credit products achieve record $19.8M weekly trading volume, surging 51% as institutional interest grows in yield-generating structured products collateralized by the company's massive BTC holdings.

• South African Reserve Bank warns that surging Bitcoin and crypto adoption among 8M users and rising stablecoin dominance pose systemic risks amid regulatory gaps.

• BitMask launches RGB smart contract protocol on Bitcoin mainnet, enabling private, scalable token issuance and atomic swaps, as Tether prepares USDT stablecoin launch on the RGB20 standard.

• Switzerland postpones automatic Bitcoin and crypto tax data sharing under OECD's Crypto-Asset Reporting Framework until 2027 due to suspended partner country discussions.

• ARK Invest CEO Cathie Wood maintains her $1.5M Bitcoin price target for 2030 despite recent market corrections, as $300B in liquidity is expected to return following the US government shutdown and the Federal Reserve's anticipated shift from quantitative tightening to easing on Dec 1.

QUICK MEDIA

• Hurley Burt of Swan Bitcoin argues that the recent bitcoin crash represents a coordinated Wall Street shakeout led by JP Morgan to transfer BTC from retail investors to institutions ahead of a major liquidity surge, framing the dip as a buying opportunity with a new price floor above $85K (Nov 28 | 16:31 min watch). 

• Sovereign Money examines quantum computing threats to Bitcoin, revealing that Taproot addresses and nearly 6.51M BTC face vulnerability, contrasting expert opinions on protection strategies, explaining attack types, and offering 5 actionable steps to secure holdings while advocating for BIP-360 quantum-resistant addresses (Nov 27 | 13:11 min watch).

• Keonne Rodriguez co-founder of Samourai Wallet, details his decision to accept a plea deal in the Bitcoin privacy case and reveals the behind-the-scenes circumstances that led to his choice, questioning the fairness of the process (Nov 26 | 0:36 min watch). 

• Andreas Antonopoulos, Bitcoin OG and author of 'Mastering Bitcoin', shares his thoughts on the spam discussions, arguing that if developers are shown to be able to prevent certain type of data, they will be required by law to do so in the near future, while pointing out that data storage on OP_RETURN would be easier to disregard and prune (Nov 25 | 1:27 min watch). 

• Bitcoin Straight Up argues that Bitcoin creates humanity's first truly free global market by eliminating the Cantillon effect and restoring natural deflationary forces, promising time abundance, affordable healthcare and housing, accessible education, and reduced government dependence through decentralization and fixed supply (Nov 27 | 19:59 min watch). 

• Erik Cason, author of 'Cryptosovereignty', in an interview with Marty Bent of TFTC, argues that Bitcoin and Nostr represent a future of coordination, privacy, and uncensored communication, calling Nostr the first legitimate social network that enables users to find signal through the noise (Nov 25 | 1:08 min watch).

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