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Daily News on Bitcoin and Lightning. #BitcoinNews

NEW: ๐Ÿ‡บ๐Ÿ‡ธ FED to launch oversight program for #Bitcoin and crypto activities in the US ๐Ÿฆ bank sector ๐Ÿ‘€

๐Ÿ‡จ๐Ÿ‡ฆ Canadians are now blocked from sharing news pieces on Facebook as a response to the Online News Act. ๐Ÿ˜ฎ

This new law forces tech companies such as Meta and Google to pay news outlets for their content. ๐Ÿ‘€

Nostr fixes this.

The World Economic Forum says a ๐Ÿ‡ช๐Ÿ‡บ Euro #CBDC โ€œcan help safeguard public money in the face of a surge in cryptocurrencies like #Bitcoin.โ€ ๐Ÿ‘€

NEW: #Bitcoin non-zero addresses are now at an ATH of 47,923,325 ๐Ÿ™Œ

Today a #Bitcoin block with 7,025 transactions has been โ› mined ๐Ÿ”ฅ

"Bitcoin is Economic Anarchy in the most virtuous sense" Michael Saylor

https://www.youtube.com/watch?v=CFLiF2kTdyQ

Brazil's Bitcoin Beach - Building a circular economy in paradise ๐Ÿ๏ธ

WATCH: Brazil's Bitcoin Beach - Building A Circular Economy In Paradise ๐Ÿ‡ง๐Ÿ‡ท

https://www.youtube.com/watch?v=uvT7W4AyQm8

Asking people on the streets about Bitcoin ๐Ÿ˜

https://youtu.be/DBs-qkjMdXk

We ask people: Why is Nostr important?

#nostr #nostrica #nostrica23

https://www.youtube.com/watch?v=IIpVcgM5_Y4

It took the Fed less than 48 hours to undo 124 days of quantitive tightening

https://imgur.com/a/zXfKzXT

Silicon Valley Bank collapses due to poor risk management, causing liquidity issues and a bank run.

SVB had $120 billion worth of securities and lost $1.8 billion on their AFS bond portfolio due to unmanaged interest-rate risk.

Unlikely to spread to big banks; nearly half of US venture capital-backed startups held banking relationships with SVB.

Over 95% of SVB's deposits are uninsured by the FDIC.

Executives sold millions of dollars of stock just days before the collapse.

A big bank buyout is likely, with Elon Musk open to the idea.

Debate around whether SVB should be bailed out by the Fed.

India to introduce 20% tax on remittances

Sending money abroad is about to pinch more after Finance Minister Nirmala Sitharaman proposed to collect tax at source at 20%, under the Liberalised Remittance Scheme (LRS) of the RBI, without the applicability of any threshold limit. The amendments will come into effect from July 1, 2023. - India Times

If you had bought $1 of #bitcoin about a decade ago, it would now be worth $30,000,000