news
Buying eggs with bitcoins.
https://fredblog.stlouisfed.org/2022/06/buying-eggs-with-bitcoins/
Fidelity’s Abby Johnson Reaffirms Crypto Commitment in Bear Market.
https://www.coindesk.com/business/2022/06/10/fidelitys-abigail-johnson-reaffirms-crypto-commitment-in-bear-market/
Bitcoin Adoption Accelerates As It Becomes Multilingual In Smaller Communities.
https://www.forbes.com/sites/rufaskamau/2022/06/06/bitcoin-adoption-accelerates-as-it-becomes-multilingual-in-smaller-communities/
Schwab, Fidelity Said to Team With Market Makers on Crypto-Trading Platform.
https://www.barrons.com/advisor/articles/schwab-fidelity-citadel-virtu-crypto-trading-platform-51654721186
Jack Dorsey and Jay-Z Launch Free Bitcoin Academy to Lift NYC Public Housing Residents.
https://www.bloomberg.com/news/articles/2022-06-09/jay-z-jack-dorsey-launch-bitcoin-academy-for-nyc-marcy-house-residents#xj4y7vzkg
Bitcoin: Cryptopayments Energy Efficiency.
https://www.valuechain.pro/post/bitcoin-cryptopayments-energy-efficiency
PayPal CEO: move to allow crypto off platform is first step in “moving from a fiat-orientated world to a digital currency one.”
https://fortune.com/2022/06/10/paypal-transfers-crypto-walled-garden-fiat-digital-currency-dan-schulman/
Bitcoin Bank Custodia Sues Federal Reserve, Demanding Decision On Master Account.
https://www.forbes.com/sites/michaeldelcastillo/2022/06/07/bitcoin-bank-custodia-sues-federal-reserve-demanding-decision-on-master-account/
Human rights advocates tell Congress bitcoin is essential in countries with “collapsing” currencies.
https://www.cnbc.com/2022/06/07/human-rights-advocates-say-bitcoin-critical-in-authoritarian-countries.html
Bitcoin User Adoption Report.
media
Podcast. The Investor’s Podcast: Bitcoin Tender and the International Adoption w/ Mike Peterson.
CNBC. Bipartisan crypto regulation bill brings welcome clarity for the industry, says Swan Bitcoin CEO.
Podcast. What Bitcoin Did: The Fed, Inflation and Bitcoin with Steven McClurg.
tweets
Stanley Druckenmiller, "If I think we're going to have an inflationary bull market, I'd want to own #bitcoin more than gold"
1/ Jack Dorsey’s @TBD54566975 unit has just announced it is building “Web5”.
This new decentralized web leverages #Bitcoin to put users back in control of their data and identity - once and for all.
Here’s a thread with all you need to know 🧵…
Right now we are seeing significant hodler buying (green circle) of the same strength as the Luna Foundation BTC dump (red circle).
It looks to me like some unknown institution(s) are buying significant amounts of spot BTC right now.
The 6th Great Bull Run in the history of #Bitcoin begins.
The Halving has no effect on the Bitcoin chart, it is the Stock Market that dictates the start of #BTC Bull Runs and the structure of Cycles.
Here is a proof of that.
#Crypto
% of #Bitcoin that has not moved for 1 year indicating bust and boom 🌓
Log bottom + stabilizing HODL #BTC indicate the bottom. Allocation/moving #BTC show network volume and possible transfer to exchanges.
#Bitcoin bullish💯💯💯
"The most important goal of this legislation was to create transparency, accountability and certainty," says @SenGillibrand on new #crypto legislation. "Regulation is necessary. You need to make sure that you have consumer protections. You need basic rules of the road."
The best #bitcoin price signal for technocrats or maximalists is the 4 year simple moving average.
stats.buybitcoinworldwide.com/sma1458/
1/12
Wow, so first read some good stuff that moves us forward, but a lot of rough stuff.
Overall this gives US crypto clarity but it will have a huge cost and growing pains.
Here's what I noticed in the first read.
slam @bot_slam