From last night to this morning, three things happened in the crypto world that could keep anyone up at night.

First—Texas Lieutenant Governor Dan Patrick made an official announcement: Texas has bought Bitcoin! This is the first state government in the U.S. to personally step in. He even said he will work with Trump to make Texas "the core of America's digital future." When politicians get directly involved, could the signal be any clearer?

The second thing is even more interesting. According to Federal Reserve data, U.S. banks suddenly saw nearly $100 billion in new deposits within a week. Retail investors don't have that kind of cash—this is clearly big money quietly moving around. Such large-scale "relocation" usually serves one purpose: securing a spot before the winds of change.

The third is the most mysterious—a Bitcoin address dormant for 13.1 years suddenly became active, with 1,000 BTC (about $90 million) starting to move. The last time this address was active, Bitcoin was just $11 per coin. When these "ancient whales" resurface, it has often signaled major market moves in the past.

Coincidence? I don't think so.

On the policy front, all the key players are making moves. The Fed is getting closer and closer to cutting rates, and there's a lot of money in the banking system. Meanwhile, the U.S. Department of Justice is recovering crypto assets involved in cases through "civil forfeiture procedures," having already recouped nearly $1.7 million. This is a reminder to everyone: the rules still matter, and compliance is king.

As for the market? Capital is desperately looking for an exit. When political power and capital both turn to the digital world, it's pretty clear where the money is headed. Exodus's CEO even declared: Bitcoin could reach $200,000 by 2026. Insiders are already voting with their actions—a new cycle, driven by both sovereign endorsement and decentralized belief, is on the way.