news
Bitcoin lures inflation-weary Argentines despite crypto crash.
https://www.reuters.com/world/americas/bitcoin-lures-inflation-weary-argentines-despite-crypto-crash-2022-05-30
Father of VIX Wades Into Bitcoin ETF Battle to Back Grayscale Bid.
https://www.bloomberg.com/news/articles/2022-06-01/vix-creator-wades-into-bitcoin-etf-battle-to-back-grayscale-bid
New York just passed a bill cracking down on bitcoin mining — here’s everything that’s in it.
https://www.cnbc.com/2022/06/03/heres-whats-in-new-yorks-new-bitcoin-mining-ban-.html
Lawmaker who wrote New York crypto mining bill explains: “It’s not a ban.”
https://www.cnbc.com/2022/06/04/new-york-crypto-mining-bill-senator-anna-kelles-interview.html
Goldman Sachs Is Eyeing a Derivatives Trading Deal with Crypto Exchange FTX.
https://www.barrons.com/articles/goldman-sachs-ftx-derivatives-51654027703
Russia “Actively Discussing” the Use of Cryptocurrency in International Trade: Report.
https://bitcoinmagazine.com/markets/russia-mulls-cryptocurrency-for-international-trade-report
Bitcoin mining company to build data center in Montana.
https://www.bozemandailychronicle.com/news/economy/bitcoin-mining-company-to-build-data-center-in-montana/article_864c11ef-aa0b-5758-8996-694e296e982c.html
Bitcoin May Witness Massive Rally This Year, According to Macro Expert Lyn Alden – Here’s What Needs To Happen.
https://dailyhodl.com/2022/06/04/bitcoin-could-get-a-pretty-big-swing-up-this-year-says-macro-expert-lyn-alden-heres-what-needs-to-happen/
Middle East Oil Producers Move Into Bitcoin Mining With Crusoe Energy Stakes.
https://www.coindesk.com/business/2022/06/03/middle-east-oil-producers-move-into-bitcoin-mining-with-crusoe-energy-stakes/
Electricity Hash Valuation. Creating a cyclical price floor using the electricity cost of minting one bitcoin.
media
Podcast. Robert Breedlove: A Brief History of Money and Bitcoin with Brian Estes.
Podcast. The Pomp Podcast: The Bitcoin Bottom That Never Ends: Will Clemente.
Podcast. Best Business Show: The Shocking Secrets of Finance Industry with Mark Yusko.
tweets
We’ve been teasing it for months, but the time is almost here – a proposal to fully integrate digital assets into our financial system. Excited to finally unveil this effort next week. Stay tuned 👀 👀 👀
#BTC This is only the 2nd time since 2014 that we have had 3 times a monthly return of -30% in one year.
The last time this happened a Bull Run followed. 🔥
data : @glassnode
#Bitcoin #Crypto
"Every successive bear market has been less severe in terms of the top to the bottom," @edstromandrew says.
He explains why #bitcoin is the Nasdaq of this decade. Watch more: coindesk.com/video/recent-v…
Nearly 66% of bitcoin has not moved in over a year, marking an all-time high.
HODLers have never had more conviction.
This is bullish.
#BTC Huge Bullish Divergence in Active Addresses and Entities, exactly as after the strong recovery from the bottom of 2018. 🔥
data : @glassnode
#Bitcoin’s Proof-of-Work is the only way to link the digital representation of value to the real, physical world. Everything else is ultimately based on trust.
dergigi.com/2021/06/13/bit… by @dergigi
#Bitcoin now accounts for 47% of the total cryptocurrency market cap, the highest level since October, 2021.
Had the pleasure of covering the Boston Bitcoin Conference today. Here is @FossGregfoss on Bitcoin:
“Bitcoin is the best asymmetric trade I have ever seen in over 30 years of managing risk.”
#Bitcoin Alligator indicator tells me bottom might be in.
1/2
➡️Simply put :
On the monthly time frame, in both previous cycles when the Lips* (green line) crossed down the Teeth* (red line), bottom was already in.
👇
It’s time for a fresh take on Bitcoin’s supply/demand dynamics. Take a look at this first chart, and we’ll dive in. 🧵
Bitcoin derivatives tend to overshoot to the downside and then can also be the canary in the coal mine on the way out
#MSTR capitulation wick on high volume May 12th and flag break-out sitting on 20D SMA
Further evidence this run is just beginning IMO
#BTC
Bitcoin lightning network capacity continues pushing to new all-time highs despite the recent price decline.
Although still in its infancy, Bitcoin's L2 continues to show consistent growth; allowing BTC to scale as a medium of exchange.
#Bitcoin 2016's fractal could be playing in 2022.
1/2
In 2016, Bollinger Bands indicator showed a contraction period followed by a squeeze & expansion.
The squeeze led to a flush down in early August.
Then another contraction, a squeeze & price started a new uptrend.
👇