Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price is continuing a slow-motion slide in the $67k range. All signs still point to blast-off soon! It’s kind of making a bull flag within a larger bull flag. #bullish

Bitcoin continues to slide down after the failing to reclaim the orange area as support. In fact, Bitcoin is showing signs that it has turned this orange area into new resistance. POST: https://x.com/rektcapital/status/1795837299579834760

ADOPTION:

BlackRock is now officially the biggest #Bitcoin ETF after overtaking Grayscale. Incredible achievement in just 4 months! POST: https://x.com/BTC_Archive/status/1795757493735281044

El Salvador President met with Cathie Wood to discuss #Bitcoin, new capital markets, and innovation opportunities. It was an honor to have the @ARKInvest team in El Salvador! 🇸🇻🚀. POST: https://x.com/stacyherbert/status/1795564242491351326

JUST IN: Mastercard just launched Crypto Credential, which allows you to send cryptocurrency to any customer at an exchange with a simple username, instead of a wallet address. POST: https://x.com/RadarHits/status/1795848636590391312

MINING:

JUST IN: OCEAN mining pool is opening an international hub of business in 🇸🇻 San Salvador 👀. POST: https://x.com/BitcoinNewsCom/status/1795829500338712693

GEMINI DOING THE RIGHT THING:

Today, Earn users received $2.18 billion of their digital assets in kind… … if you had lent one bitcoin in the Earn program, you will receive one bitcoin back. And it means that you will receive any and all appreciation of your assets since you lent them into the Earn program. POST: https://x.com/Gemini/status/1795819898049884468

FIAT/GOVERNMENT NONSENSE:

"One day you will not be able to print US dollars just like that. Printing US dollars to fund war is coming to an end, says former senior member of Singapore's government 💯🎯. POST: https://x.com/BTC_Archive/status/1795783945755242857

JUST IN: 🇺🇸 Judge ordered SEC to pay $1.8 million in damages for abusing its power against crypto company 'DEBT Box.’ POST: https://x.com/RadarHits/status/1795751847887794593

CBDCs:

Once again, as unfortunately we need to keep saying this… POST: https://x.com/freddienew/status/1795835163995505066

THE BITCOIN 2024 STUDENT PASS:

Investing your time to learn more about Bitcoin deserves recognition, and we're excited to offer students like you an exclusive opportunity to attend Bitcoin 2024, the world's largest and most prestigious Bitcoin conference. APPLY NOW: https://b.tc/conference/2024/student

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Today’s Bitcoin news!

PRICE UPDATE:

Today’s Bitcoin price is in the $67k range, a bit lower than yesterday. It’s still poised for MUCH higher prices — the next 18 months is going to be WILD!

On-chain value map: heavy overvalued now at $130k and rising. #Bitcoin. POST: https://primal.net/e/note1tut8umqz04tgrzvdzfft675xn4y40tpjjq880j8hvluneue4xtlsmr7uxe

FACTS:

#Bitcoin: The simplest mathematical decision on earth. POST: https://x.com/TheBitcoinConf/status/1794745910410281083

Good morning 🫶🫶. POST: https://primal.net/e/note1qcxaxj3gynq7xmqwxcpwc9tldg26kz47v24pz0jsyu7h86ufmfzqrxmf23

₿itcoin Facts. POST: https://primal.net/e/note1c5fhl4q4n53x0hluhm58ha0xznpxm29l8pllkdwjhan63ej5r47s34alhq

So 1 Nakamoto is 1,000,000 Bitcoin. ETFs own 1 Nakamoto
Countries own 0.5 of a Nakamoto
Private Companies own 0.5 of a Nakamoto
Public companies own 0.3 of a Nakamoto
Mining Companies own 0.05 of a Nakamoto
POST: https://primal.net/e/note1jdvh0cy7q62n9lundx0n3p0u3lhaqnzyurskpxkf3zpc76rljecscwku5e

MT. GOX:

Mt.Gox Transfers $9B Bitcoin to Single Address as Part of Repayment Plans. Nearly 107,000 bitcoin have been moved since early Asian hours on Tuesday, with bitcoin shedding 1.2% on expectations of selling pressure. POST: https://www.coindesk.com/markets/2024/05/28/mtgox-moves-7b-bitcoin-as-part-of-repayment-plans-sparking-btc-price-plunge/

ADOPTION:

JUST IN: BlackRock has been buying #Bitcoin for its own fund, the Strategic Income Opportunities Portfolio - SEC filing. POST: https://x.com/BTC_Archive/status/1795469291455672603

BREAKING: Health-Tech Semlar Scientific has bought $40m #Bitcoin and adopted a Bitcoin Treasury Strategy. Corporate adoption of Bitcoin is accelerating… POST: https://x.com/BTC_Archive/status/1795448769288298890

JUST IN: Semler Scientific is up 28% after revealing its #Bitcoin Treasury Strategy today with a $40m $BTC purchase. POST: https://x.com/BTC_Archive/status/1795470039363060134

BREAKING: 🇬🇧 The first UK #Bitcoin ETPs are now trading LIVE in London. POST: https://x.com/BTC_Archive/status/1795427235421401231

FIAT/GOVERNMENT NONSENSE:

CBDC in a nutshell. POST: https://primal.net/e/note1uzmnnkkn5jt5ndlzvwayl27s7cz7f90hw2fzmcnnk8ldwvz4tjhqyxm726

CLOWN WORLD — https://primal.net/e/note16pxujqkrakadtqqgckyp74l3fevgj9dt6053mcfg7nqq34sx9qkqlw5xv9

“You’ll quit hating others when you realize it’s the government vs all of us.” POST: https://primal.net/e/note1qu5ncdk26ljm6qjwpuvswzeruvdv0qlsz9hnym8yjfktu2jn37ds08nfsa

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price has jumped above $70k! Bitcoin is basically knocking on the door of a new all-time high (when it surpasses $73,835).

Study #bitcoin 🧡. POST: https://primal.net/e/note13c32jwukwgv6gwajep5ruv0nmxkh9puj7l0dxt7p8w0phnd309jsy3evrv

GOOD DISCUSSION:

Bitcoin is Forever Money with Michael Saylor. EPISODE: https://www.whatbitcoindid.com/podcast/bitcoin-is-forever-money

ADOPTION:

A group of Swiss Bitcoin advocates led by Yves Bennaïm has initiated a referendum to amend the Swiss constitution in a way that would mandate the Swiss National Bank (SNB) to include BTC alongside gold in its currency reserves, as reported by local media. The proposed amendment to the Swiss constitution is succinct yet significant. It seeks to modify the clause that currently mandates the SNB to “build up sufficient currency reserves from its earnings; part of these reserves shall be held in gold,” to now include “and Bitcoin.” This change, though minimal in wording, could usher a substantial shift in the fiscal management of the nation. ARTICLE: https://bitcoinist.com/swiss-referendum-bitcoin-central-bank/

32 #Bitcoin Spot ETFs now hold ~1 Nakamoto of $BTC. POST: https://x.com/saylor/status/1795037549301313774

FIAT/GOVERNMENT NONSENSE:

Trump vowing to support Bitcoin and crypto, prevent a CBDC, and protect self custody. POST: https://primal.net/e/note1hvuplgv4wgyhy7cjsvrv9j7cqr6x5c4wpefyw0jdnlpv6ytjl7vsswhlnc

President Trump gets massive cheers at Libertarian National Convention after promising to commute Ross Ulbricht's prison sentence. POST: https://primal.net/e/note1s2apkdpxmyu5kg80snd7ru9xs06u33mpnpuwwhkg5mgvtp08762s589znk

BREAKING: UK climate agency is found to have fiddled with the historic global temperature record in the exact way planned in the leaked 'Climategate' emails to exaggerate global warming. POST: https://x.com/JackPosobiec/status/1794370351314673985

“What the government is good at is collecting taxes, taking away your freedoms and killing people. It’s not good at much else.” ~ Tom Clancy. POST: https://primal.net/e/note1m8nlerxht23p35tqnzpak5t9nqegudzxtk75xj27vf0n9727m7sqx7xrmg

“Everything government touches turns to crap.” ~ Ringo Starr. POST: https://primal.net/e/note1qxfnduarqzx9mfnutgrsrjcfqlxakc03mjujjyr7g8lcz9pyq5gs0lf96f

LOL:

I can’t decide what’s funnier the woman’s reaction or the dog wearing the glasses 🤣. POST: https://primal.net/e/note1z2z0zmh4lthuf2ekhunwc8pdetwtah03a9zcetevcytg4l3x4alqmj3w9w

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price I climbing back into the $68k range. We are ready for blast off!

Bitcoin gains 6 months after the halving have been HUGE every cycle. If this repeats we could see Bitcoin go over $140,000 by September. 🚀. POST: https://x.com/BTC_Archive/status/1793954050582724975

ETH ETF:

SEC APPROVES ETHEREUM ETFs. POST: https://x.com/RadarHits/status/1793751145015652361

JUST IN: Ethereum is effectively deemed a Commodity after SEC’s ETF approval - Coinbase Chief Legal Officer. POST: https://x.com/RadarHits/status/1793927437811933274

MINING:

Signed! Kenya and @MarathonDH sign a historic deal for monetizing underutilized energy across Kenya and jointly developing technology projects. Lyn Alden: A lot of energy is stranded and thus wasted. It’s becoming more and more apparent to smart policymakers to make use of bitcoin mining to put it to economic use. Things like AI, hydrogen production, and so forth can’t go to all the remote bandwidth-constrained sites as well. POST: https://x.com/LynAldenContact/status/1794044511603056816

JUST IN: 🇺🇸 California is experiencing NEGATIVE electricity prices of up to -$90 right now, but they can't easily pull-back their output. So they pay for the privilege of generating power. #Bitcoin fixes this. POST: https://x.com/BTC_Archive/status/1794039892063793663

FIAT/GOVERNMENT NONSENSE:

NEW: 🇬🇧 #Bitcoin is "a threat to us all" says UK 'conservative' magazine, The Spectator. Cry harder... 😅. POST: https://x.com/BTC_Archive/status/1793955814031446050

The dog that is the face of Dogecoin has died at 18. RIP Kabosu 🕊️. POST: https://x.com/RadarHits/status/1793918256786624976

G. Edward Griffin gives 7 reasons for why the Federal Reserve needs to be abolished that’s a must see 👀. #Bitcoin. POST: https://x.com/SimplyBitcoinTV/status/1793901344988008675

CBDC:

U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC. The bill's prospects in the Senate are unclear, however. POST: https://www.coindesk.com/policy/2024/05/23/us-house-passes-bill-banning-federal-reserve-from-issuing-a-cbdc/

BROWSER INTEGRATION:

Metamask Is Working to Add Native Bitcoin Support - Sources. MetaMask, one of the most popular 'crypto' wallets, is reportedly working on adding native Bitcoin support, sources familiar with the matter told CoinDesk. POST: https://www.nobsbitcoin.com/bitcoin-may-be-coming-to-metamask/

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price is falling into the $66k range. This is the 3rd day the price is falling after reaching almost $72k on Tuesday.

#Bitcoin is still following a similar path to 2016-2017. Once that 2021 ATH breaks, there will be no stopping the king. Bring on $100,000. POST: https://x.com/CryptoJelleNL/status/1793633674870837465

Bitcoin is looking more like the 2017 cycle every week. Similar price action. Similar RSI. Everything is lined up for bullish momentum to surge through the US presidential election and powered by ETF on-ramps. Are you ready? 🚀. POST: https://x.com/BTC_Archive/status/1793562362852909176

We are here (green circle). And if you can't really see the recent dip… That's precisely the point of this post. $BTC #BitcoinHalving #Bitcoin. POST: https://x.com/rektcapital/status/1793648409343111269

Hopeful but calm everyone! #Bitcoin. POST: https://x.com/therationalroot/status/1793575911566311829

All your models are destroyed when Godzilla arrives. #Bitcoin. POST: https://x.com/saylor/status/1793630435530158568

$150,000 #Bitcoin this year is our base case. Bitcoin is early in an up-cycle - Fundstrat 👀. POST: https://x.com/BTC_Archive/status/1793557828411785604

ADOPTION:

BREAKING: 🇺🇸 US Senator Cynthia Lummis says "We are building a pro-crypto army in Congress." 🤝. POST: https://x.com/RadarHits/status/1793659214315106579

#FIT21 protects self-custody. This is essential to digital asset market structure, but also essential to defending freedom. Self custody means possession of your own private property, rather than an account where a 3rd party holds your money or property. Permission-less peer-to-peer transactions are like cash - no 3rd party needed. Everything else is essentially a permissioned system where someone else can monitor, filter, and profit from your transactions. POST: https://x.com/WarrenDavidson/status/1793239448005611583

Nancy Pelosi voted in favor of the bill. Bitcoin is going to $500k this cycle confirmed. POST: https://x.com/BITVOLT/status/1793409026660634844

JUST IN: ⚡️Xapo Bank becomes the first fully-licensed bank to integrate the #Bitcoin Lightning Network for deposits. POST: https://x.com/BTC_Archive/status/1793655388136722846

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The Bitcoin Panel
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LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price is still hanging around $70k plus or minus. This is a good sign and probably indicates a move to a new all-time high soon!

HAPPY BITCOIN PIZZA DAY!:

HAPPY BITCOIN PIZZA DAY 🍕. Laszlo made the first real-world transaction on May 22, 2010 using #Bitcoin to purchase two Papa John's pizzas for 10,000 #BTC. Those 10,000 bitcoins are worth $701 million today 👀. POST: https://x.com/SimplyBitcoinTV/status/1793308596404375933

#BITCOIN & #PIZZA 🍕. POST: https://primal.net/e/note1wzqalda24pefwtpuj6nepjcqgtwrgqqkry59r2udl05rkjwh89sqnezm63

Don't celebrate Laszlo for spending bitcoin for pizza. Celebrate Jeremy Sturdivant for accepting btc as payment. Happy #Bitcoin Pizza Day! 🍕. POST: https://x.com/Mandrik/status/1793230531045335295

NEWS: Coinbase is celebrating #Bitcoin Pizza Day by sending dollars on the Ethereum blockchain. Yes, this is real 🤡. POST: https://x.com/SimplyBitcoinTV/status/1793323335608324518

Free pizza in Washington Square Park at 1:30. Pub pies and beer at PubKey starting at 3. #BitcoinPizzaDay #NoCBDCs. POST: https://x.com/PubKey_NYC/status/1793315588221161893

THE BITCOIN TRUTH:

With fiat, the things you want to buy get more expensive forever. With #Bitcoin, the things you want to buy get cheaper forever. POST: https://x.com/WalkerAmerica/status/1793306593741754868

ETFs:

Total inflows into the #Bitcoin network starting to moon again. 🚀. Light green is the net flows from spot ETFs. Chart tracks the 7-day moving average. POST: https://x.com/woonomic/status/1793241014595203262

JUST IN: 🇺🇸 BlackRock’s #Bitcoin ETF officially overtakes Grayscale for the most assets under management. POST: https://x.com/BTC_Archive/status/1793282122486108549

BITCOIN ≠ “CRYPTO”:

Jack Mallers goes OFF on "crypto" nonsense. "Bitcoin is the only money within the cryptocurrency space... Ethereum is a technology... the market often conflates it with money” Just now on @BloombergTV. #Bitcoin ≠ “Crypto”. POST: https://x.com/JoeConsorti/status/1793304217223925989

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin has come down a bit to around $70k after earlier pushing up to $71,980. After yesterday’s big $5,000 gain it wouldn’t be surprising if we cool off a bit today. How soon do you think Bitcoin will break it’s all-time high of $73,835?

Is it time? POST: https://x.com/adam3us/status/1792997673621975155

#Bitcoin just hit new ATH in the majority of countries 🌎. You aren't ready for what is coming🚀. POST: https://x.com/Vivek4real_/status/1792700986680819797

The most bullish summer I can imagine for #Bitcoin is low $70k range with no new ATH. Fuel the rocket ship for its voyage to the moon. POST: https://x.com/Mandrik/status/1792928000972902553

The recent peak of capital net inflow to #Bitcoin is similar to early rallies of 2016: a peak followed by an intermission, with the price managing to stay above key levels like the STH cost basis. POST: https://x.com/therationalroot/status/1792892127619256810

YOUR LEVEL?:

Which level are you?
- Level 1: #bitcoin is a crypto currency
- Level 2: Lol, BTC is gambling
- Level 3: I’m too late to BTC
- Level 4: I hold BTC, ETH, XRP etc.
- Level 5: I only hold BTC
- Level 6: BTC is the key to fixing the world
POST: https://x.com/BTC_for_Freedom/status/1792930699197997518

BRAINWASHED NAYSAYERS:

Hostility towards #Bitcoin from people who don't understand it and are just frustrated by its continued rise to infinity is still strong. “People don’t want to hear the truth bc they don’t want their illusions destroyed. Even if it enslaves them.” POST: https://x.com/CarlBMenger/status/1792821876554957245

ADOPTION:

Julian Figueroa: One of the strangest, but most enlightening experiences of my life, was seeing indigenous communities use Bitcoin in Peru like it was an every day banking app. POST: https://x.com/kinetic_finance/status/1792919039020290552

BITCOIN ETFs:

Grayscale had +$72m INFLOWS in the last 4 days. Since launch:
- 79 consecutive days of outflows
- $217m Average outflows
The tide has turned... 🧐. POST: https://x.com/BTC_Archive/status/1792933627921158216

IGNORE JACKASSES:

Bitcoin is up over 350% since Peter Zeihan said #Bitcoin would trade below ZERO. POST: https://x.com/Vivek4real_/status/1792941898132275626

#Bitcoin has officially doubled since Gareth shorted at $35k. POST: https://x.com/80IQmindset/status/1792870745103626266

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The Bitcoin Panel
Fridays at 4:00 PM Eastern / 1:00 PM Pacific
LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price has jumped above $68k! This indicates continuation to the upside for the short term at least. Bitcoin feels very bullish right now.

4000 blocks in, the 5th wave has started building. 🌊🚀 #bitcoin. Post: https://x.com/ChartsBtc/status/1791888283959775612

$1.2K stimulus check is now worth $12,096 if it was saved in #Bitcoin. POST: https://x.com/BitcoinMagazine/status/1791775294686195885

DISTRIBUTION OF BITCOIN:

Distribution of #Bitcoin. POST: https://x.com/Scavacini777/status/1791850236991746373

ADOPTION:

India's president is a populist, the youth of India LOVES #Bitcoin, will their president get some "just in case”? POST: https://x.com/Scavacini777/status/1792176432690626962

DIMINISHING RETURNS??:

Diminishing returns my 🍑. You can't have diminishing returns with less than 1% global adoption. In fact, you get the reverse. Accelerated returns kick in after 10% and continue through 60% adoption and we're nowhere near these numbers. If you thought the first 15 years of #Bitcoin's life was special, you ain't seen nothing yet. The next 15 years is going to challenge your math skills. You better get to it and #stackharder. POST: https://x.com/olvelez007/status/1791510615523000524

FIAT/GOVERNMENT NONSENSE:

Probably the best explanation on inflation out there by
@TheGuySwann. POST: https://x.com/satoshibaggins/status/1792567455254196477

The fiat wars escalate. When global superpowers can’t trust each other they’ll weaponize their control over monetary rails to hurt their counterparts. The solution to this is an apolitical trust minimized monetary network that can’t be controlled by anyone. Enter, bitcoin. POST: https://x.com/MartyBent/status/1791967082692657324

Better stack some sats just incase. POST: https://primal.net/e/note15ezpu4rpjndjt0n6a2ucvjf7dcg392yfefngvnanzatgqkq3pgcszpkdzt

NY Post in 2019: Bitcoin will soon be worth ZERO. #Bitcoin in 2024: Still here and up 740%. 😂. POST: https://x.com/Swan/status/1792530098723205588

SIGH…:

Me in the supermarket parking lot after refusing to pay 10 cents for a bag. POST: https://x.com/alifarhat79/status/1792059064572170599

WHOA:

Meteor in Portugal. POST: https://primal.net/e/note1m86fn3s98fqt807ses8auqftupwkynvtq268p7my4f6sv2jm0q6smgz5jy

LOL:

Turtle walk 🤣🤣. POST: https://primal.net/e/note1vsk4j23rlazwnz52zp2gxelsqpy06033l87gq9d46jzf20qnydhqxur8eg

When you meet another #Bitcoin‘er in real life. POST: https://x.com/CarlBMenger/status/1792272330938257515

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The Bitcoin Panel
Fridays at 4:00 PM Eastern / 1:00 PM Pacific
LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price has jumped above $67k and looks strong. There have been a lot of inflows to the ETFs over the past 4 days which could signal another big move up.

#Bitcoin price action today. POST: https://x.com/SimplyBitcoinTV/status/1791011536556655028

Gm. Is it just me or does it feel like we are about to be cleared for launch? #bitcoin. POST: https://x.com/hodlorado/status/1791459639910903990

WEN $10M?:

Bitcoin for Freedom: I think the suddenly moment starts after #bitcoin flips gold ($810k). After that most people will realize that BTC won’t die, and everyone will rush to get a piece of the cake. It will go from $810k to $10M much faster than people expect. POST: https://x.com/BTC_for_Freedom/status/1791476517500825971

STACK AND HODL:

When #Bitcoin hit $63k a couple days ago, I jokingly thought, "If I had my stack on an exchange I'd sell here and buy back at $60k.” Thankfully I self custody, and I'm also not stupid enough to think I know how to trade. 😂 Stack & HODL. No one knows the future. POST: https://x.com/Mandrik/status/1791486052319867047

ADOPTION:

Cornell's BTPI announced a $1M project to research the relationship between Bitcoin and financial freedom across multiple countries.
POST: https://x.com/LynAldenContact/status/1791162901094363571
ARTICLE: https://news.cornell.edu/stories/2024/05/btpi-will-research-relationship-between-bitcoin-and-financial-freedom

IF AMERICA WAS A HOUSEHOLD:

Everything is fine. POST: https://primal.net/e/note1ydsm2sjzqrhaavn7pzjqwnr9amzeqqcz9dasz55yz0f3mkppf2qqh9wqt5

BATTLE AGAINST SHRINKFLATION:

France vs. 'Shrinkflation': Starting July 1, All 'Shrinked' Products Must Be Labelled For Consumers. ARTICLE: https://www.ibtimes.co.uk/france-vs-shrinkflation-starting-july-1-all-shrinked-products-must-labelled-consumers-1724667

BITCOIN MINING ENERGY REALITY:

New study shows Microgrids (MGs) not using Bitcoin Mining waste large amounts of renewable energy.
But using #Bitcoin mining:
🛑stops almost all renewable energy waste
⬇️reduces MG costs by 46%
⏩accelerates MG development
♻️decarbonizes power production
POST: https://x.com/DSBatten/status/1791123520467968228

CONFERENCE:

LIVE | Canadian Bitcoin Conference 2024 | Day 1. POST: https://x.com/CdnBitcoinConf/status/1791450375066935302

LOL:

Choose your starter Pokemon. POST: https://x.com/Swan/status/1790807350754079170

STUDY BITCOIN:

Studying #bitcoin be like. POST: https://x.com/Kluckies_/status/1791154142972608922

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The Bitcoin Panel
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LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin has dipped down into the $64k range after peaking at almost $67k. Bitcoin may consolidate for a few days and over the weekend before continuing its move up.

Yesterday's daily close confirmed the Power of Three setup for #Bitcoin! Target: $82,000. Send it! POST: https://twitter.com/CryptoJelleNL/status/1791033350611694028

#Bitcoin has broken out from the multi-month falling wedge! The target? New all-time highs. POST: https://twitter.com/CryptoJelleNL/status/1791011494777229324

13 years ago today, a $112 million #Bitcoin mistake due to lack of conviction and short term profit thinking. Don't be like Greg. POST: https://primal.net/e/note16kd9vac49vmuwz52w9vxt3z283neq5fxsrmfs8m7wwvhd4sp2ynqvwlsap

ADOPTION:

JUST IN: The world's largest futures exchange CME Group, to launch #Bitcoin trading. POST: https://twitter.com/RadarHits/status/1791138504413446373

CME launching a spot $BTC market. POST: https://twitter.com/DylanLeClair_/status/1791106520135921765

JUST IN 🇺🇸 - The Senate votes to disapprove of the SEC's SAB 121 which prevents regulated financial institutions from custodying #Bitcoin and other crypo assets. Will President Biden go through with his threat to veto? Watch Senator Lummis' scathing remarks about Gary Gensler and the SEC prior to the vote. POST: https://twitter.com/Swan/status/1791147675364229571

Wall Street wants Bitcoin, the House of Representatives wants Bitcoin, and now the Senate wants #Bitcoin. POST: https://twitter.com/saylor/status/1791150877891252260

Politicians are debating on Twitter about whose state is the best for #Bitcoin. How on earth can you be bearish right now? This is GAME THEORY. 🇺🇸 🚀. POST: https://twitter.com/MitchellHODL/status/1791119042163421404

AWWW:

Anatolian shepherd dog puppy in training. POST: https://primal.net/e/note1304vykuwx3qe3vvjl5yyaz64h9n8zjzv8v95xmdz0fraqqvwwzls4dyqfx

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin has jumped up above $65k! If we get above $66k and stay there for a bit it might indicate a momentum shift, at least in the short term.

WE’RE SO BACK LOL:

We are back, baby. #Bitcoin. POST: https://twitter.com/CarlBMenger/status/1790770780025901133

WEN MOON?:

Historically, bitcoin miner revenue recovers 2-5 months after a halving, and after that bitcoin price goes vertical🔴. POST: https://twitter.com/100trillionUSD/status/1790354750992519500

The halving event signals the start of a new bull cycle, but it generally takes a while to play out. On average, it takes ±160 days of chop, while we've seen ±65 so far this cycle. This could take a while, but be patient. The rewards are worth it. #Bitcoin. POST: https://twitter.com/CryptoJelleNL/status/1790656739513127334

SUPPLY DROPPING:

Third largest #Bitcoin outflow this year from Coinbase almost $1B. Just 24 hours after the exchange reported a system wide outage. We are going so much higher. POST: https://twitter.com/jvs_btc/status/1790661762045337900

#Bitcoin reserves at Coinbase gets drained, currently at ~267k, down from 418k early 2024. POST: https://primal.net/e/note13gxwv5d6a3f4pt69k8lxvfgqxcr68n75yqnsmanqr0er47zvc83sj8gwmk

HISTORY / BITCOIN, NOT CRYPTO:

✨ LUNA crashing to $0 in 1 day, exactly 2 years ago. A lasting reminder to #Bitcoin not crypto 💫. POST: https://primal.net/e/note1nj6kgtlxyvj5v048ar4l3xfrs9k2fc2006lkk8jxuytuym7hejnsvqgz87

MINING USING GEOTHERMAL ENERGY:

🌋 Using geothermal energy from the Tecapa volcano, El Salvador has mined 474 #BTC valued at $29M. This eco-friendly initiative boosts the country's total holdings to 5,750 #Bitcoin (~$360M). 🇸🇻. POST: https://twitter.com/btc/status/1790796508998025226

ADOPTION:

💥 NEW DOCUMENTARY - Peru's Hidden Bitcoin Revolution. We visited 4 of Peru's most isolated villages to discover hundreds of people living on a full Bitcoin standard - all powered by a non-profit organization that is revolutionizing community building in Peru. Join @Isa ⚡️ and me on an 8 day journey across mountains, deserts and jungles to discover the truth behind Peru's Hidden Bitcoin Revolution!
POST: https://primal.net/e/note13fhhe74knse5d0ucrje8fy25wej4tm7mtld4es8zy7p86tmg8axs2qry7f
VIDEO: https://www.youtube.com/watch?v=4hWMHLF-OEg

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Today’s Bitcoin news!

PRICE UPDATE:

Today’s Bitcoin price has fallen a couple thousand dollars into the $61k range. We’re still in a big bull flag which will eventually (in 0-6 months) break to the upside in an explosive way! Patience :)

BULLZILLA:

COINBASE:

NEW: Coinbase was down for 4 hours earlier today and still has "degraded" status. POST: https://twitter.com/RadarHits/status/1790333628787949907

Just checking if you self custody your #Bitcoin . #Coinbase. POST: https://twitter.com/CarlBMenger/status/1790277010666778737

ADOPTION:

Now that the pension fund manager of the State of Wisconsin has disclosed its $162m #Bitcoin allocation, it's only a matter of time before every single state pension fund makes the same move.
Then every university endowment.
Every family office.
Every wealth manager.
Fund manager.
Every corporate treasury.
POST: https://twitter.com/BTC_Archive/status/1790398335565562080

This cycle is going to be insane. POST: https://primal.net/e/note1exl5tad6mltx3rggwh3phmdjzuwh5w72hcfqymmya8yxrq09y55q9d0dfn

TORNADO CASH:

BREAKING: Tornado Cash developer Alexey Pertsev found guilty of money laundering. POST: https://twitter.com/RadarHits/status/1790349199302701429

Gigi: In other news: Blacksmith sentenced to 48 months jail; his knife was used to stab someone. This follows the incarceration of an automobile manufacturer, as one of his cars was used for a bank heist. POST: https://primal.net/e/note1k6t2qnmqe9yhsnwxw08gqtllp79qq57rspzjtlptyed9uz5dtvfsndnh94

Lyn Alden: Criminalizing the mere development and publication of code is an ugly precedent. If published in a book or a blog, it would mean the book or blog is illegal. An illegal order of numbers and letters. Very different than actually using code maliciously. POST: https://twitter.com/LynAldenContact/status/1790391222235758700

It’s insane that they’ll send you to jail for writing open-source code but if you explicitly launder money for Jeffrey Epstein’s human trafficking operation your bank just pays a small fine as a cost of doing business… POST: https://twitter.com/WalkerAmerica/status/1790373422234550783

The bankster cartel is not happy about freedom tech. POST: https://primal.net/e/note17vnxfp02xz369d7hjxr23azr69keq2qdtf3f8ax5ferw679sncds36jwrs

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin has jumped up above $63k, up $2,700 today.

BULLISH:

Do not sell your #bitcoin. POST: https://primal.net/e/note1ln8mnnnac8ev20rglw5kzl94r0wgmm96yacgpnt5ulyf3qvfn27q338jsm

HISTORY:

✨ Hal Finney writing about why society needs #Bitcoin for Extropy Magazine, released on this day in 1993. POST: https://twitter.com/pete_rizzo_/status/1789981506389074240

Just casually making #bitcoin history on the daily. POST: https://twitter.com/PubKey_NYC/status/1789061188556665072

BITCOIN HAS WON:

"There is #Bitcoin and there is everything else. #Bitcoin gives everyone in the world property rights secured by mathematics. It is the first monetary asset we’ve been able to engineer with no natural issuer." - @jackmallers. POST: https://twitter.com/BitcoinSapiens/status/1790040014266441940

You know Bitcoin has won when new altcoins don't even have a narrative about Bitcoin, let alone claim superiority. POST: https://twitter.com/jimmysong/status/1790051332465852504

“Any attack vector on Bitcoin weakens the attacker, not Bitcoin.” ~ @DSBatten on today’s #BullishBit. POST: https://twitter.com/BTCsessions/status/1790057220668817840

EL SALVADOR:

El Salvador now has its own @mempool space where anyone can check out our #bitcoin treasury holdings. POST: https://twitter.com/bitcoinofficesv/status/1789788632070431046

Nayib Bukele: There was a 70% drop in 2023… However, since the approval of the Exception Regime, there has been a 86% drop, and since we entered the government in 2019, the drop has reached 95%. We project a 97% drop for 2024. POST: https://twitter.com/nayibbukele/status/1789774772076749198

GOLD:

Gold can’t compete. It’s mathematically going to zero. POST: https://primal.net/e/note1jt2ehrgv0rfaj8neettzdem0s36nahanf6r4jusdvmv74gk7fcpqjdm7u7

EDUCATION:

Can Bitcoin Be Copied? VIDEO: https://www.youtube.com/watch?v=nbW_NweXstU

Principles for Dealing with the Changing World Order by Ray Dalio. VIDEO: https://www.youtube.com/watch?v=xguam0TKMw8

The simplest explanation of why we need #Bitcoin🔥. POST: https://twitter.com/Vivek4real_/status/1789645163368718646

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Today’s Bitcoin news!

PRICE UPDATE:

Today’s Bitcoin price has dipped into the $60k range giving back all of yesterday’s gains and then some. We have good support at $58k and $52k.

How I see #Bitcoin performing over the remainder of 2024, MS Paint edition. POST: https://twitter.com/Mandrik/status/1788921293363900740

UNIFYING FORCE:

The world NEEDS #Bitcoin more than ever before! POST: https://twitter.com/PacificBitcoin/status/1788713060040855601

ADOPTION:

JUST IN: 🇺🇸 Wells Fargo bank reveals it has spot #Bitcoin ETF exposure in new SEC filing 👀. POST: https://twitter.com/BitcoinMagazine/status/1788962543836303563

FIAT/GOVERNMENT NONSENSE:

Don’t let nihilistic malthusians like Harari try to convince you that governments and central banks deserve our trust. They have proven time and time again that they most certainly cannot be trusted. POST: https://twitter.com/MartyBent/status/1788958110373040446

The US Bails Out Japan. Bailing out the banks is cool and all, but bailing out the central banks is even cooler. ARTICLE: https://www.tftc.io/us-bails-out-japan/

EDUCATION:

If you know the history of money, you will know why we need #Bitcoin. Shells to Satoshi: The Story of Money and Rise of Bitcoin available soon. POST: https://twitter.com/dinparis2012/status/1788608368535351720

NEW CASHU WALLET:

✨ Announcing the release of http://Cashu.me – a @CashuBTC wallet for the web! ✨. POST: https://twitter.com/callebtc/status/1788943711625232646

LOL:

When pump? #Bitcoin. POST: https://twitter.com/Onff_line/status/1788933676882948549

Day 20 after #BTC Halving. POST: https://twitter.com/naiivememe/status/1788858305378750486

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Today’s Bitcoin news!

PRICE UPDATE:

Today’s Bitcoin price is hovering between $60-62k with very little volatility. Be sure to gracefully endure these periods of mild near-term downtrends, because overall the next 18 months is going to be a glorious bull run!

ADOPTION:

BREAKING: 🇪🇺 European regulator considers allowing #Bitcoin exposure to be added to $12 TRILLION market for UCITS. ‼️UCITS are almost 2x bigger than US ETFs! 😱. POST: https://twitter.com/BTC_Archive/status/1788540509717250452

JUST IN: 🇺🇸 Senator Cynthia Lummis has collected 30 GOP signatures in the Senate to undo the SEC's SAB 121 which restricts financial institutions from taking custody of #Bitcoin 👀. POST: https://twitter.com/BitcoinNewsCom/status/1788604758015480180

SAFETY PRECAUTIONS:

How To Avoid Bitcoin Social Engineering Attacks. ARTICLE: https://www.tftc.io/how-to-avoid-bitcoin-social-engineering-attacks/

HASHRATE AND DIFFICULTY:

Down 5.63% to 83.15. Now the halving is really starting to bite. POST: https://twitter.com/mononautical/status/1788566280200712300

FIAT/GOVERNMENT NONSENSE:

Robert Breedlove explains how the US government’s printing of $6 trillion in 2020 is the equivalent time theft of 2 million human lives 🤯. #Bitcoin fixes broken money. Post: https://twitter.com/BoldBitcoin/status/1788388522002415619

The sheep spend their whole lives fearing the wolf, only to be eaten by the shepherd. Once you understand this statement, the game changes and you start to understand politics. POST: https://primal.net/e/note192amymzpkvpf09g4yw5ksnnz3pm4h3z5j6n8fzag4c2nhqrnv3es2hyrh9

JUST IN: 🇺🇸 Mastercard, JPMorgan, Visa, Citibank & other big US banks are testing shared-ledger technology for tokenised asset settlements - Bloomberg. POST: https://twitter.com/RadarHits/status/1788610078829928534

Clear as day where the current administration stands on Bitcoin. The 🤡🤡🤡 need to be sent home later this year. Doing too much damage to America. POST: https://primal.net/e/note1m3y350s67tw35gkm7aknfm8umk8nd0sp997dz5ahz44e90jvweqs79c099

NEW: 🇺🇸Donald Trump says he'll accept #Bitcoin and crypto for campaign donations. POST: https://twitter.com/RadarHits/status/1788547898486981074

Everything is fine ...... 🔥🔥🔥. POST: https://primal.net/e/note1rmkdzdqx7c7mtar8phhpsue76nwr4a3v8cjfuft90gtrmxje86xq02sj68

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price is hovering in the $62k range. Some charts indicate that we could slide down a bit from here, but it’s normal nominal price action.

MINING WITH STRANDED GAS:

JUST IN: 🇦🇷 Argentina's largest electricity producer to mine #Bitcoin powered by stranded gas and 1,200 bitcoin mining machines - Forbes. LATAM turning into Bitcoin maxis…
POST: https://twitter.com/RadarHits/status/1788171228684886240
ARTICLE: https://www.forbes.com/sites/digital-assets/2024/05/07/argentina-will-mine-bitcoin-with-stranded-gas-thanks-to-gda/

FTX SCAM:

NEW: Bankrupt FTX to pay customers $15 billion in recovered cash - CNBC. ‼️FTX is not paying customers in "FULL" as reported. Bitcoin is up almost 4x since hitting $15.5K low in the bear market and is now just above $62,000. FTX will compensate customers in US dollars at prices set during the bear market, not like-for-like in assets stolen. POST: https://twitter.com/RadarHits/status/1788191491296231456

BEWARE:

Grayscale Withdraws ETH Futures ETF Application Amid Regulatory Uncertainty. Grayscale has unexpectedly withdrawn its application for an ETH futures ETF just weeks before the SEC's decision deadline, sparking speculation and uncertainty about its strategic intentions. ARTICLE: https://coinpaper.com/4148/grayscale-withdraws-eth-futures-etf-application-amid-regulatory-uncertainty

FIAT/GOVERNMENT NONSENSE:

Argentina introduces 10,000-peso banknote. ARTICLE: https://insiderpaper.com/argentina-introduces-10000-peso-banknote/

JUST IN: 🇺🇸 Congressman Tom Emmer says SEC Chairman Gary Gensler’s tenure has been characterised by "regulatory hypocrisy, inconsistency, and incompetence.” POST: https://twitter.com/RadarHits/status/1788159822799523847

If you are 25 years old: …imagine you got a 50% pay rise and houses were suddenly less than half the price. Thats how good your grandparents had it at the same age. POST: https://twitter.com/RadarHits/status/1788218618745966890

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin is still hovering in the $63k range and hasn’t moved much from yesterday.

BULLISH:

JUST IN: Grayscale had a second day of inflows today with $3.9 million after $63m on Friday. The tide has turned! 🤑. POST: https://twitter.com/BTC_Archive/status/1787595828623745071

WHALES:

Never has there been such a buying spree by high net worth #Bitcoin holders as has happened in the last 2 months with BTC ranging between 60-70k. These are the guys holding between 100 and 1000 BTC or roughly $6.5m - $65m of BTC. POST: https://twitter.com/woonomic/status/1787784015740862554

ADOPTION:

VIDEO: I onboarded a ladies hairdresser in a township in South Africa onto #Bitcoin lightning 🇿🇦 ⚡️. ~ Joe Nakamoto.
POST: https://twitter.com/JoeNakamoto/status/1787860365835219369
FULL VIDEO: https://www.youtube.com/watch?v=9aKwrBMWmO4

Bitcoin Ekasi: "But nobody uses #Bitcoin …" "It's only used for money laundering and drugs…" No. Pull your head out of your a**e and open your eyes. “A year ago, Bitcoin turnover in Pick n Pay stores was R220,000 per month. It is now over R1 million, still a paltry amount in terms of gross income, but a five-fold increase nevertheless.” Kudos to the ABSOLUTE legends at MoneyBadger (@CryptoConverted) for building tools to make #Bitcoin useful as everyday money.
POST: https://twitter.com/BitcoinEkasi/status/1787824909743272172
ARTICLE: https://www.biznews.com/sarenewal/2024/05/05/pick-n-pay-enbraces-bitcoin

JUST IN: 🇰🇷 South Korea's new government will vote to allow spot #Bitcoin ETFs in June. POST: https://twitter.com/BTC_Archive/status/1787791067598794953

A gold bug refusing to use #Bitcoin is like a bookstore refusing to use internet. POST: https://twitter.com/BTC_for_Freedom/status/1787875685567987752

GRADUATES BOO BITCOIN:

Students at Ohio State University audibly gasp and boo when the commencement speaker brings up the subject of #Bitcoin. POST: https://twitter.com/BitcoinNewsCom/status/1787650460507148718

It’s 2024 and the Gen Z normies are booing #Bitcoin. Never been more confident in my position. POST: https://twitter.com/BigSeanHarris/status/1787692495553642835

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price surged above $65k but now we are hanging around the $63k level.

Bitcoin made a 'bullish engulfing' candle on the 3-day chart. Chance to make a strong push into the 70s now. 🚀. POST: https://twitter.com/BTC_Archive/status/1787442778210804217

Huge milestone for #Bitcoin. 1 billion peer-to-peer transactions have been sent on the network! 🥳 Forever stored by over 19,000 full nodes and counting. POST: https://twitter.com/River/status/1787507715540910165

YTD: #Bitcoin The percent supply held on exchange addresses 11%. POST: https://twitter.com/Quest_BTC/status/1787534168110293170

ETFs:

Currently thinking about $GBTC's inflow from Friday. What a chart. POST: https://twitter.com/JSeyff/status/1787506564267393037

FUNDAMENTALS:

What is the Sharpe Ratio? ANSWER: https://www.perplexity.ai/search/What-is-the-dpItRzBbS.mthy60Mjve_g

"Any Sharpe ratio greater than 1.0 is considered acceptable to good by investors. A ratio higher than 2.0 is rated as very good. A ratio of 3.0 or higher is considered excellent. A ratio under 1.0 considered sub-optimal.” #Bitcoin's Sharpe Ratio is 4.22. POST: https://twitter.com/ChrisAlaimo6/status/1786423414044987755

Someone paid 100 BTC to forge this gold bar in 2013. Gold bar value was $12,000. BTC value was $120. Twelve years later… Gold bar current value $13,000. 100 BTC current value $6,000,000. POST: https://twitter.com/AussieHodl/status/1786908898680578196

The New World will be built on #Bitcoin. #Bitcoin is the Rock Solid Foundation. POST: https://primal.net/e/note1wwp3dl4fj0jt9r9pf8ytup8u67lzhekvessn8f6jtct0yrdd5cusul766z

FIAT/GOVERNMENT NONSENSE:

It took over 200 yrs for the US to accumulate the first trillion in debt. It took less than 100 days for the last trillion. Just as a frame of reference so you can understand how insane this all is:
10 billion+ per day
500 million per hour
100K+ per second
Strap in.
POST: https://twitter.com/LibertyLockPod/status/1787530085269959126

Everyone, please use only paper straws from now on. It will take the sacrificial effort of 5 billion people to offset the carbon emissions of Mark Zuckerberg's new $300 million megayacht. #ESG #Environment #ClimateChange. POST: https://twitter.com/HODL15Capital/status/1787498000895406505

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Today’s Bitcoin news!

PRICE UPDATE:

So far today Bitcoin has jumped up approximately $3,000 from around $59k to around $62k. Is this the start of the next bog move, or will we put in a lower high and come down even more?

Decision time for BTC. Retake the Fibonacci to signal a trend change or get rejected and continue to the path to 51k. Happy weekend. POST: https://primal.net/e/note1lgtfpcysxj952mjyyevep7rn2zszpx7qpsmhartf492hr65429aqf5surs

FUNDAMENTALS:

🔥 Michael Saylor giving the best explanation of the #Bitcoin network and how electricity is creating a “thermodynamic connection between the virtual network and the physical world.” ⚡️. POST: https://twitter.com/SimplyBitcoinTV/status/1786335298969825611

ADOPTION:

Each month, $SQ will be investing 10% of their gross profit from #Bitcoin products into $BTC. POST: https://twitter.com/saylor/status/1786144998385467550

COINJOINS:

“I don't want my employer to be able to find out where I spent my funds. I definitely don't want someone I send bitcoin to to know how much I carry in the specific wallet from which I was spending.” Coinjoin gives you the basic privacy protections any bank account has. POST: https://twitter.com/peterktodd/status/1786144820806729928

FIAT/GOVERNMENT NONSENSE:

The leading fiat economist, Jared Bernstein, chairman of the Council of Economic Advisers, can't even explain why governments borrow money in the currency they print out of thin air. #Bitcoin fixes this. POST: https://primal.net/e/note1pkap907us6s22hcjeztse0h8vp5mg9ldljjs9wswksqgzha0p63q84xp93

This is the level of genius and honesty we’re up against. If we somehow manage to lose we really don’t deserve anything at all. POST: https://primal.net/e/note10ucnyum6hpsgjm2rd7q4edcu6yrwcsh4lftw2geetstc0v00j2vspdzvhv

LOL:

Look how instinctively the mother Croc carries the baby in its mouth. Nature is beautiful. POST: https://primal.net/e/note1dmtsh3fm7ttwvqcxlg6jxsusxhm0htrf7engzw8mh9h6q322gdwsvth8un

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Today’s Bitcoin news!

PRICE UPDATE:

After dipping into the $56k range yesterday, Bitcoin’s price is now hovering around $59k. The dump yesterday was due to a collectively huge outflow from the US ETFs (see below).

From the legend Peter Brandt. POST: https://primal.net/e/note1r6jf7sur6w257tsjnfey5079hzx5pvndenq00wtv8zqhkdvwhvfsyvm54r

ETFs:

Yesterday was an extremely bad day for BTC ETF flows, with all ETF providers experiencing outflows. The total amount reached $563.7 million in outflows. POST: https://twitter.com/alphadojo_net/status/1785917726843629692

JUST IN: 🇭🇰Hong Kong #Bitcoin ETFs has $292m in flows on the first day. Thats almost 30% of the Bloomberg estimate of $1 billion in 2 years! 🔥. POST: https://twitter.com/RadarHits/status/1786048094322258038

MICROSTRATEGY ORANGE:

MicroStrategy Unveils Inscription-based DIDs Spec and Enterprise Platform. "Wouldn't it be great if instead of a blue check, green check, etc., there was an orange check that was a global standard? With MicroStrategy, maybe we could approach this idea of decentralized identity, with Bitcoin," Michael Saylor said in the announcement. ARTICLE: https://www.nobsbitcoin.com/microstrategy-orange-did-solution/

Vitor Pamplona: Microstrategy's Orange Decentralized Identity (DID:BTC) project is basically DID:ION, but it stores changes to the DID Document JSON as an OP_RETURN in the blockchain itself instead of on IPFS… POST: https://primal.net/e/note1ehrxlha9j407dd23ge6cwzksh8yez40sza6zd0qw760egwfz6nesxaye35

Vitor Pamplona: Saylor is trying to create a trust anchor. But since anyone can create their own DID:BTC without Microstrategy's approval (lots of spam), the anchor must be Microstrategy's KYC platform… POST: https://primal.net/e/note1aed2j7cdrdggc027jcgxar3vnl8gwf2qu7a6lwcfpadrzmtpfnxq7vg9s3

DID is just a way to make KYC feel more decentralized. POST: https://primal.net/e/note19qvy8580e000u6p39zjp3fmaw7f5dlap2k2w3mf7chc2nfmc0wuqc6clkm

Anti-Ordinals… or Pro-Saylor?? POST: https://primal.net/e/note1hwzlkcy6dcx34k2qv2zet3dh6e7sagrr84khvphfr4le93e6shnq5dw5cc

ATTACK ON PRIVACY:

The bad news continues with Wasabi coordinator service shutting down. If you care about #Bitcoin privacy, look into JAM. It's an easier to use implementation of JoinMarket. Or you can do nothing with your UTXOs & hope for a better solution in the future. POST: https://twitter.com/Mandrik/status/1786085922674561071

REVEALED FINALLY!!!:

Now you know. POST: https://primal.net/e/note1gya47qz36kyamgt6v4m9pmd7lustprvewgfd7uh6l9xzmrx5wsfqkglk0t

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin has fallen all the way into the $56k range, and is now hovering around $57k.

This is the largest pullback so far during this #bitcoin bull run. POST: https://twitter.com/w_s_bitcoin/status/1785712801815707722

Bitcoin is 23% off its all-time high. So why does it feel worse than it is? 👉This is the second longest run of RED weekly candles in Bitcoin history! Both times were deep into a bear market. POST: https://twitter.com/BTC_Archive/status/1785686389738127380

Welcome to the #Bitcoin bull market. This is exactly how it goes. Your face will melt soon. POST: https://twitter.com/BrianDeMint/status/1785711108806021286

JUST IN: Over $380m leveraged Bitcoin and crypto positions wiped out in just 24 hours. https://twitter.com/RadarHits/status/1785644373507473775

#Bitcoin - we are here. POST: https://twitter.com/MikeJarmuz/status/1785675096138428729

ETFs:

JUST IN: Head of ETFs at both Goldman Sachs and JP Morgan have resigned. Maybe it’s a coincidence that both companies missed the most successful ETF launch in history with the #Bitcoin ETFs. 😅. POST: https://twitter.com/BTC_Archive/status/1785707923324223707

LONGER OUTLOOK:

JUST IN: Cathie Wood raises her Bitcoin price target by $2.3m to $3.8 MILLION. All it would take is for institutions to allocate "5% of their portfolios to Bitcoin". 🤔. POST: https://twitter.com/BTC_Archive/status/1785697790875541724

BINANCE FOUNDER SENTENCED:

Binance's Founder CZ Sentenced to 4 Months in Prison. Binance founder and former CEO Changpeng 'CZ' Zhao was sentenced to four months in prison for breaking US anti-money laundering laws at the world's largest cryptocurrency exchange. ARTICLE: https://www.nobsbitcoin.com/cz-sentenced-to-4-months-in-prison/

HISTORY:

Exactly 11 years ago, Forbes journalist, Kashmir Hill attempted to live off #Bitcoin for a week. Not only did she survive the week, she ended it by paying for 60+ people to eat and drink over the course of three hours, all in #Bitcoin. Legendary🔥. POST: https://twitter.com/CoinCorner/status/1785700968178368643

MUSIC:

Wavlake: Mixtape Vol 8 is live ⚡️🎵. LISTEN: https://wavlake.com/episode/3884c271-25f5-4874-8c73-757eeb90ecbd

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin has dropped around $4,000 from around $64k to $60k. Historical support exists around $60,800. If we break through that to the downside, $58k and $52k are the next major support levels.

Stay humble. Stack sats. #Bitcoin falls to price levels not seen in… 11 days! POST: https://twitter.com/Swan/status/1785290539291550207

COINBASE INTEGRATES LIGHTNING:

Starting today, support for the Lightning Network via @lightspark will begin rolling out. Enjoy instant, low-cost BTC transfers.
POST: https://twitter.com/coinbase/status/1785309426691273092
ARTICLE: https://www.coinbase.com/blog/coinbase-integrates-bitcoins-lightning-network-in-partnership-with

HONG KONG ETFS:

JUST IN: 🇭🇰 Hong Kong's #Bitcoin ETF by ChinaAMC took in $121m in asset on day 1 of trading. More than all US Bitcoin ETFs COMBINED in the last 6 trading days. POST: https://twitter.com/RadarHits/status/1785318283861737929

This is the start of something big. #Bitcoin is the only investable asset for China now and the doors are open. Be patient and you’ll see. POST: https://twitter.com/Excellion/status/1785235469619663162

Hong Kong #bitcoin ETF 1st day was actually strong… …adjusted for market size Hong Kongs first day was 22x stronger than the US record breaking bitcoin ETF launch. THREAD: https://twitter.com/adam3us/status/1785362329988706723

ADOPTION:

Somerset Ben: I bought a coffee at a wagon today and asked “Can I pay with my Bitcoin?”. She explained it would be too complicated for her - then proceeded to enter the items into an iPad, added up the prices, enter the amount into a card machine and negotiate the card transaction. Bitcoin is not hard. Educating people is. POST: https://primal.net/e/note1y9sn09vvmpu2e8u3cntz3gdeeqpg23tk48ezxcc7ft263dsy3gjsrstz6v

ROGER VER ARRESTED IN SPAIN:

Early Bitcoin Investor Charged with Tax Fraud. Man Known as “Bitcoin Jesus” Evaded Nearly $50M in Taxes. An indictment was unsealed yesterday charging Roger Ver, an early investor in bitcoins, with mail fraud, tax evasion and filing false tax returns. Ver was arrested this weekend in Spain based on the U.S. criminal charges. ARTICLE: https://www.justice.gov/opa/pr/early-bitcoin-investor-charged-tax-fraud

NOSTR:

Now you can share your Public Spreadsheets! POST: https://primal.net/e/note1j0p7ezh582qr8jadjcrpqewup9xeup57t7xcy4npv3zu2s5la3gq9a834y

WISE MAN SAY…:

Bitcoin always look dumpiest before pumpiest. POST: https://primal.net/e/note1m2ly9jk3afj7f83qpsd2lf9pc55fyfd3dyxtsnlsegwdctttt0ts50asj4

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin continues its slow slide down (today hovering around $61-62k), which most analysts are describing as normal consolidation before the next leg up. The fundamentals are so strong with Bitcoin right now that it’s obvious that Bitcoin will be going MUCH higher over the next 18 months-ish.

Bitcoin closed down 4 weeks in a row and is on track for another red candle this week. The last time it did this was in the middle of the bear-market when it fell -42% in 9 weeks. Looks like consolidation to me. 🤔. POST: https://twitter.com/BTC_Archive/status/1784873734207127698

NEW: 🟠 91% of all #Bitcoin addresses are in profit 🙌. POST: https://twitter.com/btc/status/1785006336004046937

With declining transaction fees, miner revenue drops from 900 to 450 a day — delayed Halving effect. #Bitcoin. POST: https://primal.net/e/note1kgpyn6f75upgckmmnech0avv0egt6sk86d8dtrs2mlny24k4mgyqanpd3g

ADOPTION:

🚨 JUST IN: Morgan Stanley has filed with the SEC to get #Bitcoin ETF exposure for *12* of its funds. Soon to be sold by their 15,000+ brokers. POST: https://twitter.com/Julian__Fahrer/status/1784977959247544515

JUST IN: 🇭🇰 Hong Kong’s Bitcoin and Ethereum ETFs inflows expected to be up to US$300 million tomorrow on the first day. — far more than the $125m first-day issuance in the United States for #Bitcoin ETFs - WuBlockchain. POST: https://twitter.com/RadarHits/status/1784977061049774347

JUST IN: 🇦🇺 Australia to approve #Bitcoin ETFs year - Bloomberg. POST: https://twitter.com/BTC_Archive/status/1784871059788796267

MONEY TRANSMITTING BUSINESSES??:

JUST IN: The US’ response to the defense's motion for dismissal in the Tornado Cash case is out. It argues that a company doesn't need to "control" funds to be considered a money transmitter business. This development could have significant ramifications for the Samourai case. POST: https://primal.net/e/note1sy3fgdthmkjvezja07f3xldjcrd87xskljdwnthfawpqghur8n0sger6q8

Wasabi Wallet-Developer Blocks U.S. Citizens and Residents After Samourai Wallet Arrests. U.S citizens residing abroad are also banned from using the service. ARTICLE: https://www.coindesk.com/policy/2024/04/29/wasabi-wallet-developer-blocks-us-citizens-and-residents-after-samourai-wallet-arrests/

KEEP CALM AND HODL:

Samson Mow: Keep calm and HODL #Bitcoin. Everyone seems to be overreacting to the Samourai arrests, the FBI PSA, and Phoenix leaving the US. Here's my attempt to break it down. POST: https://primal.net/e/note13xrpfjjc39z8ky9y55r7w3jxfel8g47vhkd76k3m2lczxj4cn59skgcc5z

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin is still in the same price range as yesterday ($63-65k) and isn’t moving very much. Holding the $63,588 level would be a sign of potential upward movement.

SATOSHI HAS BEEN GONE FOR 13 YEARS NOW:

13 years ago, Satoshi Nakamoto made one of his greatest contributions to #Bitcoin, he went MIA. POST: https://twitter.com/JAN3com/status/1783911991142158529

Michael Saylor: Satoshi created a way, gave it away, and walked away. POST: https://twitter.com/saylor/status/1783900501089615907

FBI WARNING:

🇺🇸 FBI warns Americans against using non-KYC #Bitcoin and crypto money transmitting services. POST: https://twitter.com/RadarHits/status/1783594765537214590

FBI Issues Warning Against Using 'No-KYC Cryptocurrency Money Transmitting Services’. In a move against what's deemed the best practices in Bitcoin security, the Federal Bureau of Investigations issued a warning to Americans against using 'cryptocurrency' services that are not registered as money services businesses (MSB) or do not perform KYC surveillance on their users. ARTICLE: https://www.nobsbitcoin.com/fbi-warns-americans-against-using-no-kyc-services/

Recent announcements from US authorities cast a doubt on whether self-custodial wallet providers, Lightning service providers, or even Lightning nodes could be considered Money Services Businesses and be regulated as such. POST: https://primal.net/e/note1lrdshxahnm2tsr9grv99e6w3am6y74zzjpjqgq6p8zgldrse5p3qq73kwp

PHOENIX WALLET:

On May 3rd, 2024, @PhoenixWallet will be removed from US app stores. Users from the US should empty their wallet:
- Settings > Close channels (Android)
- Settings > Drain wallet (iOS)
We highly recommend *not force-closing* channels, as on-chain fees could be significant. POST: https://twitter.com/PhoenixWallet/status/1783878658014249027

Dylan LeClair: Non-custodial Lightning wallet shutting down in the U.S. after recent announcements from U.S. authorities. Software is free speech. #Bitcoin is free speech. It’s time to take a stand. If not now, then when? POST: https://twitter.com/DylanLeClair_/status/1783884641901940792

Alex Gladstein: This is a disaster. Phoenix advertises itself as the “Bitcoin wallet from the future” and it’s true. The US government is chasing technological innovation out. A sad, sad day to be an American. POST: https://twitter.com/gladstein/status/1783880829438972316

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Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin dipped into the $62k range but is now hovering around $64k. Bitcoin is still primed for its next big leg up!

We're back to pre-halving fee rates. POST: https://twitter.com/mononautical/status/1783265779447730643

SAMOURAI WALLET:

🚨 BREAKING NEWS: US Government officially declares that #Bitcoin 𝘪𝘴 money. POST: https://twitter.com/parachutesBTC/status/1783314948170342735

The big take away from the Samourai Wallet 🐂 💩 is a company can't provide privacy, nor a “platform". Protocols are the future. POST: https://primal.net/e/note1hxgzpwx5ry8pygcrfcl69pcjvjwt94q72ta77advat59k9e229vq27c658

FINANCIAL PRIVACY VS MONEY LAUNDERING:

Privacy is normal and good. There has been an effort among authorities to make “money laundering” and “financial privacy” the same thing. That is, the mere act of moving money privately itself becomes a crime. That’s not okay… POST: https://primal.net/e/note1mc36qeww634g6gqt937l50mhals4nszda3uaq07mg34a22cxym5qcealw0

A Cypherpunk's Manifesto, by Eric Hughes. Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know. Privacy is the power to selectively reveal oneself to the world… POST: https://primal.net/e/note19ah4n537tag40pntxu3xhahq0n3uaqmk2vnulnxj2ts9u50x7wfsjvrjxq

LOL:

JUST IN: This "Buy Bitcoin" sign sold for more than $1 Million today. POST: https://twitter.com/BTC_Archive/status/1783424287438713334

RARE SATS???:

JUST IN: The first satoshi of #Bitcoin's fourth halving block just auctioned off for 33.3 BTC worth over $2.1 million. POST: https://twitter.com/wallstreetbets/status/1783537057660391594

BITCOIN ETFs:

NEW: 🇺🇸 BlackRock's 71 consecutive days of #Bitcoin inflows came to an end yesterday with ZERO inflows. This run of consecutive inflow days puts $IBIT in the Top 10 ETFs of all-time. 🙌. POST: https://twitter.com/BTC_Archive/status/1783465025354518828

16th STATE FOR FUNDAMENTAL BITCOIN RIGHTS:

JUST IN: Ohio’s state legislature introduces a “fundamental #Bitcoin rights” bill 👀. Ohio marks the 16th state this year to introduce a bill to protect your right to access #Bitcoin 🙌. POST: https://twitter.com/BitcoinNewsCom/status/1783477037220470791

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