Faze Banks: To me, Bitcoin feels safer than USD.
BLOOMBERG: Italy’s largest bank making a spot Bitcoin purchase is a massive signal.
It demonstrates they’ve built the infrastructure and are ready to meet growing demand, especially from high-net-worth clients seeking exposure to Bitcoin.
The bank which has 90,000+ employees and more than €25 billion in annual revenue wants to meet the needs of its HNW clients.
“As a wealth management company that has the ambition to become like UBS, we have very sophisticated clients that may ask for this kind of investment,” CEO Carlo Messina said.
https://bitcoinnews.com/adoption/italian-bank-intesa-sanpaolo-buys-bitcoin/
Bitcoin’s highly liquid supply has dropped below 5 million BTC, extending its nearly year-long decline.

President Bukele announces that 🇸🇻 El Salvador’s government will cover electricity and water bills for 95% of the population in January.
NEW: Political Strategist Samuel Armes reports that Florida will established a Strategic Bitcoin Reserve 👀 
🇬🇧 UK bank NatWest limits a client from investing more than £5K per month of his own money into Bitcoin 😮
Look at what they stole from us 😭
CNBC's Joe Kernen BLASTS Gary Gensler for his legacy on Bitcoin: "You made it very difficult for anything good for Bitcoin to happen under your regime."
Does Zuck’s right-leaning Chad story arch contain a Bitcoin side quest?
A new shareholder proposal suggests Meta put part of its $72 billion cash pile into Bitcoin.
NOW: Trump’s Secretary of Defense nominee, Pete Hegseth, is undergoing his confirmation hearing.
He recently disclosed holding Bitcoin valued between $15,000 and $50,000.

“Since cash is consistently being debased and bond yields are lower than the true inflation rate, 28% of Meta’s total assets are consistently diminishing shareholder value by sitting on the balance sheet,” Peck said in the proposal.
https://bitcoinnews.com/adoption/meta-bitcoin-reserve-proposal/
NEW: In promotion of their Bitcoin ETF, BlackRock releases a “Biz Quiz,” highlighting the fact that it was the fastest ETF to hit $50B AUM 👀
Tucker Carlson: "California will only be saved by a Nayib Bukele-type figure."
Saifedean: "If we go back to hard money, we don't need to monetize the debt and have everyone become a debt slave."
🇭🇰 Hong Kong based Ming Shing Group, a plastering and brick laying works company, purchases 500 Bitcoin.

WASHINGTON POST: Trump could repeal SAB 121 on day one of his presidency.

NEW: 🇺🇸 Elizabeth Warren pens a letter to Treasury Secretary-designate Scott Bessent, pressing hard on his stance toward crypto and anti-money laundering policies.
"Your expertise has been in making already-rich investors even richer, not cutting costs for families"

JPMorgan CEO Jamie Dimon is still going on national TV, blaming Bitcoin for enabling the world’s worst crimes.
But let’s take a closer look at what JPM has been up to, shall we?
Corporate treasury demand for Bitcoin in 2025 is already surpassing the rate of new supply.
