issue 72 - week of 02-27-22
curating the good stuff for the casual bitcoin enthusiast each week
news
Russia Could Use Cryptocurrency to Blunt the Force of U.S. Sanctions.
https://www.nytimes.com/2022/02/23/business/russia-sanctions-cryptocurrency.html
Millions in Bitcoin pouring into Ukraine from donors.
https://www.bbc.com/news/technology-60541942
Bitcoin Steady Amid Ukraine Conflict.
https://www.bloomberg.com/news/articles/2022-02-27/bitcoin-steady-amid-ukraine-conflict-north-korea-missile-test
Bitcoin’s Use Case Strengthens As Canadian Bank Accounts Get Frozen.
https://www.forbes.com/sites/greatspeculations/2022/02/22/bitcoins-use-case-strengthens-as-canadian-bank-accounts-get-frozen
SEC Commissioner and ‘Crypto Mom’ Hester Peirce Is Amazed a Bitcoin ETF Hasn’t Been Approved Yet.
https://www.barrons.com/articles/sec-commissioner-and-crypto-mom-hester-peirce-is-amazed-a-bitcoin-etf-hasnt-been-approved-yet-51645786345
Mexican Senator Aims to Introduce Bitcoin Legal Tender Bill.
https://cryptopotato.com/mexican-senator-aims-to-introduce-bitcoin-legal-tender-bill
BNY Mellon plans to launch digital asset custody platform later this year.
https://www.investing.com/news/cryptocurrency-news/bny-mellon-plans-to-launch-digital-asset-custody-platform-later-this-year-2773051
How the U.S. benefits when China turns its back on Bitcoin.
https://www.npr.org/2022/02/24/1081252187/bitcoin-cryptocurrency-china-us
London Stock Exchange buys TORA to boost digital drive.
https://www.reuters.com/technology/london-stock-exchange-buy-tora-325-million-2022-02-22/
Want to Stick It to Coastal Elites? Use Bitcoin.
https://americanmind.org/features/free-bitcoin/want-to-stick-it-to-coastal-elites-use-bitcoin
Bitcoin Is The Freedom Technology The Western World Needs.
media
Yahoo Finance. Bitcoin's price headed for $100,000 following “transition” phase: Strategist.
CNBC. Bitcoin could rein in cyberattacks, says MicroStrategy CEO Michael Saylor.
Podcast. UK Bitcoin Master: Preston Pysh Talks Bitcoin.
CNBC. U.S. needs to embrace bitcoin as a national security issue: Anthony Pompliano.
tweets
Russians in Moscow waiting in long lines at ATMs to get cash before SWIFT, bank and central bank sanctions hit.
61.7% of the #Bitcoin supply has not moved in at least 1 year. Only 3 months ago, this metric was at 54.5%.
The all-time high record is 63.4%, set a month before we begin our massive move from 10k to 40k.
#Crypto #cryptocurrency
#Bitcoin network hashrate has officially reached a new ATH of 200 EH/s on the 4,320 blocks (30D SMA) estimate.
👉 data.hashrateindex.com/chart/bitcoin-…
@hashrateindex
Remember this tweet when the mainstream news tells you Bitcoin is evil because Russia is using it to bypass sanctions.
#bitcoin is like a knife to a surgeon or a knife to a criminal. Like any valuable technology throughout time, its value comes from the intention behind its use. https://t.co/YXBmXR6Q0e
Ukraine / Україна @Ukraine
One of the reasons I’m bullish on #Bitcoin is because it’s decentralized.
The Left hates Bitcoin because they can’t control it. #CPAC2022
#Bitcoin.. Network Distribution Factor : The ratio of current supply held by addresses with at least one ten-thousandth of the current supply of native units to the current supply.. There is serious gathering in NDF after the #Btc’s sharp drop.. The bear won't come out of here..
Saw some article Bloomberg posted saying Bitcoin miners have become heavy sellers recently. FUD.
Here's the chart of their balances over the last year:
Am bullish BTC over next few months.
Strong holding behavior on-chain paired with a lot of relative dry powder sitting on exchanges, stacked bidside in order books, & prolonged regime of spot premium over perps. March will be here next week, max hawkishness likely priced in.
#Bitcoin is the like the invention of the printing press but for money. It's effects & consequences on power structures are being felt today in the form of Central Bank Digital Currencies, Digital ID's, Vaccine Passports & Chinese Social Credit Systems ~Joe Rogan Podcast
I never noticed how big Bitcoins hashrate was compared to other POW coins... reddit.com/r/Bitcoin/comm…
I’d like to give a huge thanks to @hcburger1 for his input. He also compared it to his model and it fit well. Give him a follow and check out his work… /6
medium.com/quantodian-pub…
medium.com/quantodian-pub…