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Deepfake Video Falsely Shows Kim Jong Un Endorsing Bitcoin

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A deepfake video circulating on social media has falsely depicted North Korean leader Kim Jong Un encouraging citizens to invest aggressively in Bitcoin. The manipulated clip features spliced audio from MicroStrategy Executive Chairman Michael Saylor, who originally made bullish remarks about Bitcoin as the dominant cryptocurrency. The video has been debunked as a fabrication, with Saylor's audio overdubbed onto unrelated footage of Kim. This incident highlights the growing challenge of deepfake technology in spreading misinformation, particularly in the cryptocurrency space. Despite the false endorsement, Bitcoin remains a focal point in global finance, with its market dominance and institutional adoption continuing to rise. The current date is 2025-07-27, and the cryptocurrency market remains vigilant against such deceptive practices while maintaining optimism about Bitcoin's long-term potential.

Deepfake Video Falsely Depicts Kim Jong Un Endorsing Bitcoin

A manipulated video circulating on social media falsely portrays North Korean leader Kim Jong Un urging citizens to invest aggressively in Bitcoin. The clip, which features spliced audio from MicroStrategy Executive Chairman Michael Saylor, has been debunked as a deepfake. Saylor's original remarks—a bullish endorsement of Bitcoin as the singular dominant crypto asset—were overdubbed onto unrelated footage of Kim.

The fabrication is evident in the mismatched lip-syncing and the incongruity of the message with North Korea's known cryptocurrency stance. While Pyongyang has been linked to crypto-related cybertheft, this video clearly originates from Saylor's 2024 speech where he advocated extreme measures like mortgaging homes to acquire Bitcoin.

Spot Bitcoin ETFs See First Net Outflow in 10 Days as Investor Sentiment Shifts

U.S.-listed spot bitcoin ETFs snapped a 10-day inflow streak with $358 million in net outflows on Thursday, signaling a potential shift in market sentiment. BlackRock's IBIT bucked the trend with $125 million inflows, while Fidelity's FBTC led redemptions at $166 million.

Grayscale's GBTC shed $107 million, with ARKB and BITB seeing $89 million and $71 million outflows respectively. Trading volume surged to $5.39 billion - nearly double the 20-day average - suggesting continued institutional engagement despite price pressures.

Bank of England Explores Bitcoin Reserves Amid Policy Shifts

The Bank of England is reportedly considering a groundbreaking move into Bitcoin reserves, signaling a potential shift in the UK's stance on cryptocurrencies. Michael Saylor, a prominent strategist, suggests this development could mark a new era in government crypto policies. The speculation follows Reform UK leader Nigel Farage's announcement at the Bitcoin 2025 conference, where he outlined plans to establish a Bitcoin reserve within the central bank.

Such a move by the Bank of England WOULD have far-reaching implications for global financial markets and cryptocurrency adoption. It reflects growing institutional interest in Bitcoin as a reserve asset, despite previous regulatory skepticism in the UK. The development could accelerate mainstream acceptance of cryptocurrencies and influence other central banks to explore similar strategies.

Expert Predicts Bitcoin’s Potential Paths: Expect Surprises

Renowned crypto analyst Pentoshi has outlined critical support levels for Bitcoin, suggesting a potential drop to the mid-$90,000s if the current $101,000-$102,000 range fails to hold. Despite this risk, Pentoshi maintains a bullish outlook, emphasizing Bitcoin's consistent pattern of higher peaks and troughs.

The analyst dismissed comparisons to 2021's market conditions, noting a shift in demand dynamics and the absence of monetary tightening pressures. "We're in a strong upward trend," Pentoshi stated, adding that any breach of support would likely establish a new higher low rather than signal a trend reversal.

Market observers are closely watching these levels as Bitcoin continues to demonstrate resilience amid evolving macroeconomic factors. The demand-supply balance appears fundamentally different from previous cycles, with institutional interest providing sustained support.

UK Political Party Becomes First to Accept Bitcoin Donations

Reform UK leader Nigel Farage has positioned his party at the forefront of digital asset adoption in British politics. During a keynote at the Bitcoin 2025 conference in Las Vegas, Farage announced Reform UK will accept political donations in bitcoin and other cryptocurrencies—a first for a major UK political party.

The party partnered with crypto payments provider Radom to process contributions, distancing itself from rivals Labour and the Conservatives who maintain traditional funding channels. Farage framed the MOVE as catching up to US political trends, where crypto donations have gained traction among conservative groups.

Beyond campaign finance, Farage outlined ambitious crypto policy proposals should Reform gain power. These include introducing a "Cryptoassets and Digital Finance Bill" to provide regulatory clarity, establishing a Bitcoin reserve at the Bank of England, and opposing central bank digital currencies.

Corporate Bitcoin Adoption Surges as Public Companies Outpace ETFs in BTC Accumulation

Publicly traded companies are emerging as dominant forces in Bitcoin accumulation, exceeding spot ETFs in net additions over recent quarters. Corporate purchases reflect long-term strategic holdings rather than reactive trading behavior.

Data reveals public companies added more BTC to their balance sheets than U.S. spot ETFs during the past three quarters. MicroStrategy maintains its lead with 580,250 BTC ($60.25B), followed by Marathon Digital (48,237 BTC), Riot Platforms (19,211 BTC), CleanSpark (12,101 BTC), and Tesla (11,509 BTC).

Year-to-date accumulation shows sustained institutional confidence, with MicroStrategy acquiring additional BTC this month alone. Marathon added 7,802 BTC, Riot 2,483 BTC, CleanSpark 2,804 BTC, and Tesla 1,789 BTC in 2025.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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