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Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. USDT Price Tags Appear in Bolivia: Tether’s USDT is now visibly used in Bolivian retail, with airport shops pricing goods in the stablecoin.

2. Strategy Buys More Bitcoin: Strategy (formerly MicroStrategy) purchased another 1,045 BTC for $110.2M, bringing its total to 582,000 BTC worth $40.8B.

3. 💡Feature of the Day - Gemini Files for IPO: Gemini has confidentially filed for a U.S. IPO, following Circle’s successful market debut.

   
   All this and more in today’s headlines!

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📰 News Highlights:

Tether on Price Tags [Source][Source]

Tether’s USDT stablecoin is now visibly being used in Bolivia’s retail sector, with goods at a duty-free airport shop priced in USDT.

Tether CEO Paolo Ardoino shared images on X showing price tags listing items like Oreos and sunglasses in USDT, noting a notice that pegged prices to the Binance rate and recognized the Central Bank of Bolivia’s reference.

Customers could pay in either USDT, local Bolivianos, or U.S. dollars, hinting at the growing acceptance of crypto in a nation grappling with economic instability.

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Strategy Buys More BTC [Source][Source][Source][Source]

Strategy (formerly MicroStrategy) has bought another 1,045 Bitcoin for $110.2 million, continuing its aggressive crypto acquisition campaign.

The firm now holds 582,000 BTC, acquired for a total of $40.8 billion.

This marks the ninth consecutive week of BTC accumulation, with the company buying at an average price of $105,426 per coin.

The purchase was hinted at by Chairman Michael Saylor and comes amid Bitcoin's approach to its all-time high.

💡 Feature of the Day: 

Gemini Eyes IPO [Source][Source]

Crypto exchange Gemini has confidentially filed with the SEC for an IPO, joining a wave of firms capitalizing on renewed U.S. crypto optimism.

Run by the Winklevoss twins, Gemini's move comes just one day after Circle’s IPO saw shares quadruple on debut.

The company aims to follow Coinbase’s 2021 example amid a regulatory shift under the new Trump administration.

😂 Crypto Meme of the Day: 

Meme of the day provided by @btcmemes

And that’s it for this today.

See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com