news
Satoshi’s White Paper - the Hard Part Explained.
https://www.swanbitcoin.com/satoshis-white-paper-explained/
Letter from the Bitcoin Community to the Environmental Protection Agency.
https://bitcoinminingcouncil.com/wp-content/uploads/2022/05/Bitcoin_Letter_to_the_Environmental_Protection_Agency.pdf
Luna Foundation Guard further bolsters stablecoin reserve by raising $1.5 billion in bitcoin.
https://www.cnbc.com/2022/05/05/luna-foundation-guard-bolsters-stablecoin-reserve-by-raising-1point5-billion-in-bitcoin.html
100,000 Cubans are Using Bitcoin in Response to U.S. Sanctions.
https://bitcoinmagazine.com/business/100000-cubans-are-using-bitcoin-in-response-to-us-sanctions
Argentina's banks offer bitcoin trading as inflation soars over 50%.
https://uk.finance.yahoo.com/news/argentina-banks-bitcoin-trading-inflation-soars-053030041.html
Luxury Brand Gucci Accepts Bitcoin, Shiba Inu.
https://www.thestreet.com/investing/cryptocurrency/gucci-stays-in-fashion-with-crypto-plan
House in Portugal sold for 3 Bitcoins in a historic crypto-only sale.
https://finbold.com/house-in-portugal-sold-for-3-bitcoins-in-a-historic-first-ever-direct-sale/
Texas Bitcoin Miners Seek Cheap Power, Land and a Place to Stay.
https://www.bloomberg.com/news/articles/2022-05-04/texas-bitcoin-miners-seek-cheap-power-land-and-a-place-to-stay
California governor issues executive order on crypto as state embraces blockchain technology.
https://www.cnbc.com/2022/05/04/california-governor-signs-executive-order-on-cryptocurrencies.html
Unpacking the Intricate Relationship Between Bitcoin and Inflation.
media
Podcast. Bitcoin Fundamentals: Finding the Asymmetric Upside Investments & Bitcoin w/ Bill Miller IV.
Podcast. What Bitcoin Did: Why Bitcoin is the Best Money with Lyn Alden.
tweets
Most folks don’t actually understand how much energy is used in Bitcoin mining and how much energy is wasted in the US.
RSI #SP500 and RSI #Bitcoin now together in the oversold zone where historically fairly rapidly a bottom formed.
🧵1/4
#Bitcoin Do whales sell or retail investors?🧐
Let's check Exchange Inflow - Spent Output Value Bands shows the distribution of all spent outputs flowed into exchange wallets according to its value.
#Bitcoin - OBV hasn't broken, and it didn't break last time we bottomed (even when price broke). Now throw in a bull div right at major weekly support. I'm not selling here.
What are the odds of selecting the same 12 word seed phrase as someone else?
The BIP39 word list consists of 2048 common english words ... is that enough? 🧵
Wow! 🔥 The biggest inflow ever was recorded yesterday for the #Bitcoin Purpose spot ETF. More than 2.9k $BTC added within one day.🚀
AUM with that is currently at 34.4k BTC and roughly 2k BTC away from the all-time high.
😂🤣 I’m sitting in San Salvador right now at a table having lunch with several investors who have a combined $2 billion interest in El Salvador’s $1 billion proposed offering of #Bitcoin bonds.
Joe Rogan is starting to understand the value of #Bitcoin- slowly, then suddenly. @joerogan @saylor @FossGregfoss @mikealfred
#BITCOIN A LAW : CHOPPINESS MAX → START OF MACRO UPTREND CONTINUATION
When the Chop increases to reach the max,
#BTC reaches the maximum lateral evolution : this equilibrium point is the starting point of the macro uptrend continuation.
It has just reached the maximum level.
Very interesting dynamics going on on-chain right now
Long-term holders' cost basis is dropping at the fastest rate in history, while their holdings are flat/grinding up slightly.
This suggests an equilibrium of top buyers selling to other LTHs or some potential wash trading.
JUST IN: In a recent SEC filing, Tesla says they believe in the long-term potential of #crypto assets both as an investment and also as a liquid alternative to cash.