Someone Just Inscribed The U.S. Constitution Onto The Bitcoin Blockchain

An unknown actor broadcast a Bitcoin transaction Thursday evening embedding the full text of the U.S. Constitution onto the blockchain — permanently and without the possibility of removal.

The transaction, confirmed at 8:25 p.m. UTC on May 28, cost 113,454 satoshis, or about $83.41 in fees, and was processed by mining pool SpiderPool just 14 minutes after it hit the network. 

At 44.4 kilobytes, the transaction is far larger than a standard Bitcoin transfer — its bulk comes from the Constitution’s full text, beginning with “We the People of the United States,” written into an OP_RETURN output field and recorded on-chain.

How it worked on Bitcoin

OP_RETURN is…

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Texas Names Bitcoin Reserve Advisory Committee As State Eyes Direct Bitcoin Custody

Acting Texas Comptroller Kelly Hancock on Thursday announced the members of the Texas Strategic Bitcoin Reserve Advisory Committee, a newly created body tasked with guiding the state’s management, custody, and valuation of bitcoin holdings. 

The committee was established under Senate Bill 21, passed by the 89th Texas Legislature and signed into law on June 22, 2025 — making Texas one of the most prominent states in the nation to move forward with an operational bitcoin reserve.

“The Legislature gave the Comptroller’s office a clear responsibility to administer the Texas Strategic Bitcoin Reserve, and that work must be done with transparency, security and strong…

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Bitcoin ETFs Lose $2.8 Billion In 9 Days: What Is Going On With Institutions?

Spot Bitcoin (CRYPTO: BTC) ETFs have recorded nine consecutive days of net outflows, the longest withdrawal streak since launch in January 2024, pulling roughly $2.8 billion from the complex.

Three Consecutive Weeks Of Outflows, $2.3B Gone In May Alone

This week alone has seen $1.3 billion exit the funds, extending a three-week outflow streak. Monthly withdrawals now stand at roughly $2.3 billion as Bitcoin fell from $80,000 to $73,000 over the same period. 

This is the most sustained period of institutional selling since Bitcoin ETFs launched.

The selling goes beyond Bitcoin’s price drop. Since the start of the year, Bitcoin has lagged AI stocks and semiconductor names, which keep…

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Why Has XRP Not Pumped Despite Institutional Adoption? This Report Found The Answer – Bitwise XRP ETF (AR

XRP (CRYPTO: XRP) emerged as one of crypto’s strongest narrative-driven trades last week after social sentiment and price action finally moved in sync, a rare occurrence for the token in 2026.

What’s Driving XRP Momentum

According to Santiment’s anomaly-tracking report covering May 20–26, XRP was the only major asset to trigger a sustained ‘social_price_correlation’ signal, recording 14 triggers with a peak score of 0.26 on May 26.

Santiment explained XRP has spent much of 2026 trapped in sentiment-price divergence, where bullish institutional headlines failed to translate into sustained upside.

This time, the crowd and price action aligned around several major catalysts.

The report…

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Mark Cuban Sold Bitcoin—Strategy CEO Says ‘Skeptical Traders’ Make Money, Then Move To The ‘Next Best Thi

Jumping To The ‘Next Thing’

During a Fox Business interview, Le was asked about the billionaire investor’s move, which surprised many in the cryptocurrency community.

After all, Cuban is the same person who once aggressively endorsed Bitcoin as a hedge against inflation, only to sell “most” of it because it didn’t turn out to be the shield he expected it to be.

“There are folks out there who are very skeptical traders, and what they’re gonna do is they’re gonna find the point to buy Bitcoin,” Le weighed in. “In 2021, everybody got in, and they made their money, and then they got out when they found the next thing.”

The Strategy CEO said that AI is the “next big…

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‘Anti-Crypto Army Was Defeated,’ Says Ripple’s Brad Garlinghouse

Garlinghouse Praises Trump

“Combatting financial innovation only helped protect those that wanted to keep an old, often broken, system in place,” Garlinghouse said. “It never made policy, legal or political sense.”

He added that the “Anti-Crypto Army” was defeated by court rulings, voters and Trump.

Ripple’s Problems With The Biden Administration

Garlinghouse fiercely criticized the previous administration and former SEC Chair Gary Gensler for making it difficult for cryptocurrency companies in the U.S.

Ripple was locked in a nearly five-year-long legal battle with the SEC over the status of XRP, a cryptocurrency at the center of the company’s operations.

Have Things Changed?

Trump…

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Scott Bessent Wants Congress To Pass Crypto Bill, Says Trump Administration Has Taken CBDC Idea ‘Off The

Treasury Secretary Scott Bessent called on Congress on Thursday to pass the Clarity Act, emphasizing its importance for the future of digital assets in the U.S.

Bill Has ‘Bipartisan Support’

During a White House briefing, Bessent stated that the key piece of cryptocurrency legislation has “bipartisan support” and encouraged the House and the Senate to move forward with its passage.”

“When you look at digital assets, all the nonsense that happens, all the things you read about, that’s because it’s the wild, wild west offshore. So we got to bring it on shore,” Bessent said.

Bessent Says No To CBDC’s

Bessent said that the Trump administration does not support a central bank…

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Bitcoin, Ethereum, XRP, Dogecoin Stall Over Iran Ceasefire Uncertainty: Analyst Suggests BTC Buyers Could

Leading cryptocurrencies diverged from the stock market on Thursday, even as investors dissected reports of a ceasefire between the U.S. and Iran.

Crypto Market Stagnates

Bitcoin hit a six-week low, sliding to $72,500 before bouncing back above $73,000 by evening. Trading volume jumped 17% in the last 24 hours. Ethereum dived below $2,000 in the early trading hours before rebounding later in the day as selling pressure remained high.

Over $600 million in bullish long positions was wiped out from the cryptocurrency market in the past 24 hours, according to Coinglass data.

Bitcoin’s open interest rose 0.87% over the last 24 hours. An increase in open interest alongside a drop in spot price…

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Crypto Meets Safe Havens: Direxion Launches 2X Bitcoin, Ether, Gold ETFs – Direxion Daily Gold Bull 2X ET

Direxion expanded its lineup of leveraged and inverse exchange-traded funds on Wednesday with the launch of four new products tied to precious metals and cryptocurrencies, underscoring growing investor demand for tactical exposure to volatile asset classes.

The launches arrive at a time when traders are increasingly rotating toward alternative assets amid inflation concerns, geopolitical tensions and continued momentum in crypto markets.

Direxion Chief Product Officer Mo Sparks said the products are aimed at active traders looking for “precise tools” to express short-term views across metals and digital assets. He added that Bitcoin and Ethereum remain driven by ETF flows, the halving…

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Look Past XRP: Raoul Pal Sees Ethereum, Solana As Main Altcoin Picks Because ‘The Worst Is Over’

Real Vision co-founder and CEO Raoul Pal says the crypto bull market remains intact despite months of sideways price action.

Rising global liquidity, AI-driven infrastructure demand and accelerating blockchain adoption are setting up the “perfect storm” for crypto assets.

According to Pal, “The worst is over for crypto, liquidity is flowing again.”

Why Pal Thinks Crypto Still Has Massive Upside

In a May 28 podcast with “When Shift Happens”, Pal noted investors are underestimating how much capital will flow into blockchain infrastructure as AI agents, stablecoins and tokenized finance scale globally.

He said crypto’s long-term thesis has fundamentally strengthened over the past year.

“We’ve…

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