Real Bedford FC (RBFC) has purchased $4.5 million worth of Bitcoin. This move is part of their long-term strategy to reach the Premier League. It is going to become the first crypto football club ever if it is going to work out well. RBFC now holds 82.7 Bitcoin, valued at approximately $5.37 million. The club's chairman, Peter McCormack, shared details of the purchase on social media. They bought 66.9 Bitcoin at an average price of $67,220 each. McCormack, who hosts the What Bitcoin Did podcast, acquired RBFC in 2021. He's betting on Bitcoin to secure the eighth-tier club's future. "Our decision to establish ourselves as the #bitcoin team has allowed us to tap into an international market," he said. The club plans to hold 15.8 Bitcoin, worth about $1 million, for "football matters". The remaining 66.9 Bitcoin will stay in the club's treasury. This strategy aims to achieve financial stability and sustainability. RBFC has seen back-to-back league promotions in recent seasons. They've moved from the South Midlands League Division 1 to the South League Central Division 1. But they've still got a long way to go before reaching the Premier League. The crypto community's reaction to the news was largely positive. Some joked about buying star players with Bitcoin. Others expressed interest in purchasing RBFC merchandise, which can be bought with Bitcoin. Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, is a key supporter of RBFC. They recently extended their sponsorship deal for another five years. The deal will be paid upfront in Bitcoin. Earlier this year, the Winklevoss twins became co-owners of RBFC. They invested $4.5 million in Bitcoin into the club. It's the largest investment ever made into a UK football club outside professional leagues. McCormack clarified that the investment won't be used for players' wages. Instead, it's part of the club's long-term Bitcoin strategy. They're betting on cryptocurrency as a vehicle for financial stability.

Asset manager Bryan Courchesne dropped a bombshell. He suggested a future Trump administration might adopt Bitcoin as a strategic reserve asset. It's a wild idea, but is it feasible? Courchesne thinks so. He points to a surprising fact. The US Department of Justice already holds 200,000 BTC. That's a massive stash. Only the legendary Satoshi Nakamoto, the father of Bitcoin, has bigger holdings, and we don't even know if he is still alive, or has he ever existed after all. "The DOJ could simply transfer the Bitcoin to the Treasury," Courchesne explained. It's not rocket science, folks. This chatter isn't coming out of thin air. Trump recently voiced support for the digital asset industry. His choice of running mate, JD Vance, is a known Bitcoin holder. The idea isn't as far-fetched as it sounds. Bitcoin's fixed supply of 21 million makes it attractive. It's seen as a hedge against currency devaluations and geopolitical turmoil. Billionaire Mark Cuban has painted a vivid picture. He envisions a world where widespread inflation drives people to Bitcoin. In this scenario, Bitcoin becomes a global reserve currency organically. Data from high-inflation countries backs this up. Argentina, Venezuela, and Turkey are seeing shifts towards cryptocurrencies. But not everyone's buying it. Ari Paul, founder of BlockTower Capital, is skeptical. He puts the odds at 10:1 against Bitcoin becoming a US strategic reserve asset in the next four years. Paul raises a valid point. Even if a future president announces the US won't sell its Bitcoin, it doesn't mean an official strategic reserve will be established.

Mark Cuban, the billionaire Shark Tank star, sees a perfect storm brewing for Bitcoin. He reckons the cryptocurrency could skyrocket under a potential Trump presidency. Cuban shared his thoughts with his 8.8 million X followers. He thinks Silicon Valley's growing support for Trump is a "Bitcoin play". Why? Cuban believes Trump would make it easier to run crypto businesses in the US. He expects "inevitable and required" changes at the SEC. But that's not all. Cuban points to other factors that could drive Bitcoin higher. "What will drive the price of BTC is lower tax rates and tariffs, which if history is any guide (and it's not always), will be inflationary," he says. He adds, "Combine that with global uncertainty as to the geopolitical role of the USA, and the impact on the US dollar as a reserve currency, and you can't align the stars any better for a BTC price acceleration." Once Trump's in power and geopolitical uncertainty sets in, Cuban reckons Bitcoin could become a "safe haven". He thinks its price could go "way higher than you think". Cuban's bullish on Bitcoin's global potential. He reminds us that Bitcoin has a final supply limit of 21 million coins, with unlimited fractionalization. "Keep that in mind as you consider what happens if because of geopolitical uncertainty and the decline of the dollar as the reserve currency, BTC becomes a 'safe haven' globally," he says. Cuban's not pulling punches. He suggests Bitcoin could become "what countries and all of us look to buy as a means to protect our savings". Is this far-fetched? Not according to Cuban. He points out it's already happening in countries facing hyperinflation. He wraps up with a bold prediction. "And if things really go further than we can imagine today (and I'm not saying they will. Just that this has a possibility somewhere above zero), then BTC becomes exactly what the maxis envision. A global currency." It's a wild ride, folks. But in the unpredictable world of crypto, who knows? Cuban might just be onto something.

XRP is making waves in South Korea. The Ripple's cryptocurrency has overtaken Bitcoin in trading volume on Korean exchanges. The altcoin's recent price surge has sparked investor interest. XRP's trading volume in Korea hit $650 million, while Bitcoin lagged behind at $282 million. That is a very substantial difference, that might even seem a bit insulting for the world's leading crypto. Armando Pantoja, a crypto advisor at Benzinga, broke the news on X. The crypto community is buzzing with fresh optimism. This isn't the first time XRP has outshone Bitcoin in Korea. A similar surge occurred last July. Back then, XRP's price touched $0.93 amid positive sentiment around its SEC lawsuit. The current spike coincides with XRP breaking the $0.58 mark. It's the first time since April's market pullback. Whale accumulation since August 2023 is believed to be driving this comeback. XRP's value has jumped over 17% in the past week. It's currently trading at $0.5544. Despite the volume increase, its market cap is down by 5%. Santiment, a market intelligence platform, has flagged XRP as one to watch. They've lumped it together with Litecoin as potential gainers. But it's not all sunshine and rainbows. Santiment warns that XRP could be a risky bet this week. The current crowd euphoria might lead to volatility. South Korea's crypto market is no joke. It's a major player in the industry. XRP's dominance here is a big deal.

Crypto markets are heating up. Bitcoin has reclaimed the $67,000 mark. An analyst who nailed the 2022 crash is now bullish. Capo, a pseudonymous trader, shared his views on X. He's got 864,100 followers there. He reckons both Bitcoin and altcoins are set to pop. "BTC is pumping, especially after reclaiming $60,000-$61,000," Capo said. He added, "Altcoins also seem to have found their local bottom. In my opinion, the best is yet to come." On Telegram, Capo dug deeper into Bitcoin's prospects. He sees $73,200 as the next big target. That's after Bitcoin clears $68,000. "We should expect higher prices," he noted. "The main target would be the upper liquidity zone (red zone)." Bitcoin was trading at $67,339 at press time. It's been on a tear lately. Capo's not just bullish on Bitcoin. He's eyeing altcoins too. He's watching the OTHERS chart closely. It tracks smaller cryptos' total market cap. OTHERS flipped $240 billion from resistance to support. Capo sees this as a green light for altcoin rallies. "Nice bounce from the blue zone," Capo observed. He added, "Now the next step is a clean reclaim of the green zone, starting with bullish price action above the blue line. That would be a sign of strength." OTHERS was sitting at $242.914 billion when we checked. It's been climbing steadily. Capo's also got his eye on FET. It's the token of Artificial Superintelligence Alliance. This project merged three AI-focused protocols: Fetch.ai, Singularitynet, and Ocean Protocol. FET retested $1.25 as support. Capo's bullish on it. He simply stated, "A chart is worth a thousand words." FET was trading at $1.46 at the time of writing. It's been holding up well in the current market.