Square Bitcoin, Dual Stacking, US seizes $15B in BTC

In this episode of Good for Bitcoin, hosts Brandon Marshall and Kate Parkman discuss recent developments in the Bitcoin market, including a significant liquidation event, public companies increasing their Bitcoin holdings, and California's new legislation regarding unclaimed crypto assets. They also explore Stacks' partnership with the Pakistan government to build a blockchain innovation hub, the launch of Galaxy's new CeFi app, and Square's integration of Bitcoin into its payment systems. Additionally, they touch on the DOJ's seizure of Bitcoin from a major scam and the emergence of state-backed stable coins.

Takeaways

• The recent liquidation event was the largest in crypto history.
• Public companies are increasingly investing in Bitcoin as a treasury asset.
• California's new law protects unclaimed crypto assets from automatic liquidation.
• Stacks is partnering with Pakistan to foster blockchain innovation.
• Dual stacking on Stacks will allow users to earn yield on Bitcoin.
• Square's integration of Bitcoin will reduce transaction fees for merchants.
• The DOJ's seizure of Bitcoin highlights the ongoing battle against crypto scams.
• Kalshi's partnership with Pith will enhance prediction markets with real-time data.
• North Dakota is testing its own stable coin to improve financial transactions.
• Mr. Beast's potential Bitcoin banking initiative could attract a new audience to crypto.