TD₿: The Great Rotation: Why All Crypto Roads Lead to Bitcoin - (a Swan Signal Live segment) with Hurley, John, Steven Alec

TL;DR: The altcoin era is collapsing as capital rotates hard into Bitcoin. Major funds, founders, and treasuries are signaling the shift—Bitcoin is the endgame.

Hey Bitcoiners,

Bitcoin is holding steady above $100K, yet the market feels oddly quiet. Despite being near all-time highs, retail interest remains low, likely because Bitcoin hasn't yet made a parabolic move to recapture mass attention. Instead, speculative energy is being funneled into Bitcoin treasury plays—companies accumulating BTC on their balance sheets—which offer higher volatility and asymmetric upside.

This shift signals a deeper structural trend: capital rotation away from altcoins and into Bitcoin-specific vehicles. Even crypto-native figures like Brian Armstrong and Charles Hoskinson are publicly pivoting toward Bitcoin, albeit late and awkwardly, reflecting a broader realization that Bitcoin—not crypto—is the dominant narrative this cycle.

Funds and institutional players are also waking up to this trend. Bitcoin treasury stocks are quietly surging, yet barely being discussed on crypto Twitter, suggesting that most of the market hasn’t caught on. We're still in the early innings of this capital reallocation, with major flows from altcoin-focused funds and speculators yet to arrive.

Many remain in denial, clinging to the hope of another altseason, but the writing is on the wall: the speculative wave, the macro tailwinds, and the structural flows are all converging around Bitcoin. The eventual capitulation of altcoin investors and fund managers could trigger a powerful, sustained rotation into Bitcoin and the companies building around it.

Tick tock next block,
The Swan Education Team

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Welcome to Bitcoin: 101 Series

Swan understands that learning about Bitcoin can be daunting, and articulating its concepts to your loved ones can often appear like an insurmountable task. So, we created this free 1-hour Welcome to Bitcoin: 101 Series. It’s the best way to orange-pill your friends and family.

With host Natalie Burnell, you’ll learn the many ways Bitcoin can benefit you, such as:

• ​Inflation Protection: Protect your savings from inflation and manipulation.

• ​Investment Opportunity: Potential for substantial returns driven by its scarcity and growing adoption.

• ​Prosperous Future: Decentralized money that serves as a store of value for your hard-earned wealth.

Help kickstart your loved one’s Bitcoin journey today!

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Quote of the Day

“Pay Me in Bitcoin is a movement.”

- Russell Okung

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Job of the Day

Software Engineer - Bitcoin Nostr ecash
plebeian.market
Anywhere / Remote-only / Part Time
Engineering

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Plebeian is a driven team committed to developing Free and Open Source Software (FOSS) for Bitcoin, Nostr, and self-hosted Lightning nodes. Our mission is to empower individuals and communities to accelerate the transition to a Bitcoin standard and build circular economies at the local level.

Position Overview

We are seeking a talented Software Engineer to join our core team and drive the development of ‘plebeian.market.’

This is a unique opportunity to contribute to the future of decentralized technologies in a collaborative, entrepreneurial environment. As a key team member, you will help shape both our technical direction and our organizational culture.

Skills

1. Proven experience as a Senior Developer with a strong portfolio

2. Deep familiarity with Nostr (especially key NIPs), Lightning, and Bitcoin

3. Client heavy React application built on nostr with some backend elements

4. Proficiency in TypeScript (essential)

5. Experience with NKD (@nostr-dev-kit/ndk)

6. Familiarity with shadcn, tanstack-store, tanstack-query, tanstack-forms, and zod

Key Responsibilities

• Develop new, and enhance current features for plebeian.market

• Build and innovate on Nostr and self-hosted Lightning solutions

• Architect and develop web, self-hosted, Lightning, and ecash applications

• Manage your own project workflows and collaborate with a distributed, remote team

• Stay informed about the latest advancements in the Bitcoin and Nostr ecosystems

• Attend regular meetings

• Operation of your own node

Requirements

• Commitment of at least 20 hours per week

Who Should Apply

This role is ideal for a Bitcoin maximalist who is passionate about making a meaningful impact. If you are driven to build innovative Layer 2 solutions and are committed to advancing a more decentralized and humane future, we encourage you to apply.

Join Plebeian and help shape the decentralized infrastructure of tomorrow.

Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.

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In the Headlines

Strategy Adds 245 Bitcoin in Latest Purchase, Holdings Now Near $60 Billion

Strategy, formerly known as MicroStrategy, has acquired 245 more Bitcoin for approximately $24.8 million, marking its second smallest purchase of the year, according to a Monday filing. The Virginia-based firm bought the Bitcoin between June 16 and 22 at an average price of $105,856, bringing its total holdings to 592,345 BTC - worth around $60 billion at current prices.

While modest compared to previous buys, the acquisition comes amid heightened geopolitical tensions in the Middle East, which have pushed many investors away from “risk assets” like Bitcoin and toward traditional safe havens such as gold.

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Swan Shortie of the Day

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Event of the Day

BTC Prague 2025 is Europe's premier Bitcoin-only conference, scheduled for June 19–21, 2025, at the PVA Expo in Prague, Czech Republic. Now in its third edition, the event is expected to draw over 10,000 attendees, featuring more than 200 speakers across multiple stages, and hosting over 100 Bitcoin-focused companies.

What to Expect

• Business Day (June 19): A dedicated pre-conference day tailored for entrepreneurs, investors, and developers, offering strategic insights into integrating Bitcoin into various business operations.

• Main Conference (June 20–21): Two days of keynotes, panel discussions, and presentations from leading figures in the Bitcoin space, including:

  • Michael Saylor (Executive Chairman of MicroStrategy)

  • Adam Back (CEO and Co-founder of Blockstream)

  • Jack Mallers (Founder and CEO of Strike)

  • Mark Moss (CEO of Market Disruptors)

  • Jimmy Song (Bitcoin Developer)

  • Roman Reher (Founder and CEO of Blocktrainer)

• Expo Hall: An extensive exhibition area featuring over 100 Bitcoin companies showcasing their latest innovations and services.

• Networking Opportunities: Attendees can connect with like-minded individuals, industry leaders, and innovators through various networking events and a dedicated mobile app with smart matchmaking tools.

Side Events

BTC Prague 2025 offers a range of side events to enhance the conference experience.

• Dev/Hack/Day (June 18): A one-day event for developers and tech enthusiasts to explore cutting-edge Bitcoin technologies.

• Cypherpunk Meetup (June 19): A gathering for privacy advocates and freedom seekers to discuss topics related to digital privacy and Bitcoin.

• Run For Hal (June 19): A 5km social run through Prague's Old Town, honoring Bitcoin pioneer Hal Finney.

• Self Custody Celebration (June 20): A meetup focusing on Bitcoin self-custody, featuring expert insights and a lively celebration.

• Saturday After Party (June 21): An event to conclude the conference with music, drinks, and networking opportunities.

Tickets

Various ticket options are available at BTC Prague.

• Conference Pass (€345): Access to the two-day main conference, including all stages and networking areas.

• Business Pass (€595): Includes all Conference Pass benefits plus access to Business Day and additional networking opportunities.

• VIP Pass (€1,820): All-inclusive access with added perks such as VIP lounge, exclusive Q&A sessions, premium seating, and concierge service.

A 5% discount is available for payments made in Bitcoin. For more details and to purchase tickets, visit: btcprague.com.

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Meme of the Day

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