📌 Audit Fort Knox

5. Javier Milei Backtracks on $4.4B Memecoin After 'Insiders' Cash Out $107 million

Argentina's president Javier Milei has backtracked on a since-deleted tweet promoting a memecoin dubbed $LIBRA, which rose to a $4.4 billion market cap. However, mere hours after the token's rise, 8 wallets related to the $LIBRA team cashed out $107 million, sparking a 95% crash in the token's market cap and accusations of an insider rug pull.

4. Abu Dhabi’s Sovereign Wealth Buys $461 Million Bitcoin

Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, has emerged as one of the largest institutional investors in BlackRock’s iShares Bitcoin Trust (IBIT). The buys occurred in Q4’24 so it is quite possible Mubadala has continued buying in Q1 of this year.

3. Blockchain•com Takes Step Towards IPO

The crypto exchange has hired the former head of crypto investment banking at Goldman Sachs (who helped Coinbase go public), to serve as the company’s new CFO. The move comes amid a flurry of other crypto firms reported to be considering going public, including Circle, Kraken, Bullish, Gemini, Ripple and BitGo. Blockchain most recently raised money at a rumored $4 billion valuation in 2023.

2. Fold Debuting on Nasdaq

Bitcoin startup Fold just closed its SPAC merger with FTAC Emerald and will list on Nasdaq under “FLD” tomorrow. Since launching in 2019, it’s expanded to offer BTC custody and trading, debit and credit cards, and other personal finance tools all linked to a mega bitcoin rewards network. Going public means they’re doubling down on all that. The company has also made it loud and clear that they have bitcoin on the balance sheet, with already over 1,000 BTC in reserves.

1. Audit Fort Knox

Is America’s gold stash actually there? Rumors have swirled for years that the 4,580 metric tons ($425 billion) that the US owns in gold might have been sold off long ago. The last 'audit' was conducted in 1974, when the US Treasury opened just one of its 15 vaults… Now Rand Paul and Elon Musk want to confirm it is actually there. Regardless of if the gold is there or not, the mere fact that people are so passionately debating means that bitcoin has already won.