issue 56 - week of 11-07-21
curating the good stuff for the casual bitcoin enthusiast each week
Neuberger Berman: Bitcoin, A Cornerstone Digital Asset - Part 1.
Bitcoin Bulls See ‘Trillions’ of Inflows When Spot ETF Wins Approval.
Chris Wood hikes exposure to crypto currency; sells gold for Bitcoin.
New York's Mayor-Elect Says He Will Take First Three Paychecks In Bitcoin.
Aaron Rodgers Announces He'll Be Taking Some of His Salary in Bitcoin.
Deputy proposes law for salaries to be paid in Bitcoin in Brazil.
Banks Tried to Kill Crypto and Failed. Now They’re Embracing It (Slowly).
Bitcoin is Mathematical Purity, Says Apple Co-founder Steve Wozniak.
CBA to add crypto to its banking app.
Singapore says embrace crypto or risk being “left behind.”
Coinbase testing a new subscription for commission-free bitcoin trading.
Coinbase Users Can Borrow Up to $1M With Bitcoin as Collateral.
The Plumbing Behind GBTC's ETF Bid.
Ted Cruz: Could Bitcoin mining help Texas solve its notorious power grid problems?
The President’s Working Group Report on Stablecoins.
Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for October 2021.
Twitter Spaces. Bitcoin: There Is No Second Best - Michael Saylor & Greg Foss.
CNBC. Bitcoin will be volatile, but it will “go up forever:” MicroStrategy CEO.
Swan. Bitcoin is Generational Wealth - A Short Film by Matt Hornick and Tomer Strolight.
Compass Mining. The Navajo are mining Bitcoin.
There's a simple elegancy in 's macro price history. _____ 1.272 in Jul 2.272 near Dec 2013 ✅ ✅ 2017 ✅ ✅ 2021 ✅ ❓ Covered in detail in 1st newsletter: getrevue.co/profile/techde…
🤑 's 30-day MVRV, measuring the returns of 30-day trading addresses, indicates that it's crept into negative territory for the first time since September 30th. For , this is a great sign, indicating a mild signal of $BTC being underbought. app.santiment.net/s/Hb-t5kZD?utm…
$BTC: I have the pleasure of introducing the most interesting top-detecting model I've seen for Bitcoin. This metric is a full original. The lad was awesome enough to let me present it to you for the first time. 1/ Meet "terminal price" (red below)...
1/ Despite our best efforts, the infrastructure bill has passed with the terrible crypto tax reporting provisions. The fight is not over yet, however. We have several paths to continue to pursue a fix.
The Bollinger Bands on the daily chart have not been this tight since October of 2020 when #bitcoin was ~$10,700. Expect explosive movement very soon; I know which way I expect the movement to be...
NEW: -linked Australian ETF breaks opening day records, drawing $31.3 million in inflows. That's 5x the previous record 🤯
While state law prohibits the from paying me in Bitcoin, I’ll follow the lead of & and instantly convert my next paycheck to
A NY Digital Investment Group survey: 46 M Americans own BTC (17% of US pop.). Adoption the past 12 mos doubled. The same # of noobs to BTC this past yr as nearly the entire decade before that, double the rate of Internet adoption in 1997.
On Square's Q3 earnings call, CEO Dorsey reiterating commitment to bitcoin. No plans to add new cryptocurrencies to $SQ Cash App: "We're not. Our focus is on helping bitcoin to become the native currency for the internet..we have a number of initiatives towards that goal"
Lightning Network continues its exponential growth. I just put up a live chart here: charts.woobull.com/bitcoin-lightn… Data: