Good Morning Crypto Enthusiasts!

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

1. Bitcoin Targets $119K Amid Strategic Reserve Buzz: Bitcoin rebounded fast after Fed silence, shifting focus to Washington’s Strategic BTC Reserve plans.

2. JPMorgan to Enable Crypto Buys via Coinbase: JPMorgan and Coinbase are teaming up—Chase cardholders will soon buy crypto, redeem rewards for USDC, and link bank accounts by 2026.

3. 💡Feature of the Day - Trump Admin Reaffirms Bitcoin Reserve Plan: Despite its absence in a new 168-page crypto report, Trump adviser Bo Hines says the Strategic Bitcoin Reserve remains active.

   
   All this and more in today’s headlines!

📰 News Highlights:

Bitcoin Eyes $119K Amid Strategic Reserve Buzz [Source][Source][Source]

Bitcoin flipped the narrative this week—turning FOMC-driven caution into momentum toward a $119,000 target.

While markets initially reacted to the Fed’s dovish silence, attention quickly shifted to confirmation that Washington is quietly building a Strategic Bitcoin Reserve.

Meanwhile, firms like Strategy resumed aggressive BTC accumulation. Capriole Investments’ Charles Edwards reported nearly 30,000 BTC added to corporate treasuries from July 29–30.

Institutional net-buying activity surpassed 97% of overall volume—levels unseen since 2020.

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JPMorgan Allows Crypto Purchases with Coinbase [Source]

In a landmark move blending traditional finance and digital assets, JPMorgan Chase will partner with Coinbase to allow Chase cardholders to buy crypto directly, redeem rewards for USDC, and connect bank accounts to Coinbase starting as early as 2026.

From fall 2025, Chase customers can use their credit cards to purchase Bitcoin, Ethereum, and other tokens on Coinbase.

In 2026, they’ll be able to exchange Ultimate Rewards points for USDC—100 points equal $1—and link Chase bank accounts to Coinbase wallets for easier funding.

Sources suggest the bank may begin offering loans secured by Bitcoin and Ethereum by 2026, further embedding crypto in traditional finance.

💡 Feature of the Day: 

Trump Reaffirms Strategic Bitcoin Reserve Plan [Source][Source]

Amid renewed bureaucratic silence over U.S. crypto reserve policy, administration adviser Bo Hines affirmed that the Strategic Bitcoin Reserve is still a priority—even if omitted from the newly released digital assets report.

The 168-page white paper issued by the President’s Working Group outlined broad crypto regulatory reforms but barely mentioned the national BTC reserve.

Hines pushed back, calling the omission symbolic and reaffirmed the reserve remains under active development.

When pressed on current government Bitcoin holdings, Hines declined specifics, citing strategic confidentiality.

😂 Crypto Meme of the Day: 

Meme of the day provided by @Crypto News Bot

And that’s it for this today.

See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com