#bitcoin mining could help #japan monetize 2.5 Billion in wasted green energy.

German Bundestag member, Joana Cotar, has been trying hard to convince the German government, after their recent 50k BTC sell off, that #bitcoin is integral to Germany in its future economic standing.

Michael Saylor tweeted recently, "You do not sell your #bitcoin."

#Bitcoin Spot ETFs have lost 1 Billion over the last 7 days.

"Sometimes I feel like Michael Burry in the Big Short. We know Omega is coming but it’s taking longer than expected. If your core thesis is correct you just need to keep focused and wait." — Samson Mow

#bitcoin

Price corrections with Nvidia with a drop of $406 billion dwarf those of #bitcoin as the market downturn is widespread.

The phrase "Tick Tock, Next Block" becomes increasingly relevant as #bitcoin hashrate continues its all time highs amongst Rektember Doldrums. This shows that health of the network is in good standing.

Paper bitcoin investors are suffering from a case of paper hands it seems as ETFs are hemorrhaging with a record $211 million outflows.

Interesting news for traders as 3 primary momentum indicators for #Bitcoin are currently flashing a bearish death cross.

“Every country is now gonna be adding Bitcoin to their reserve status to compete in the global Hash War in the 21st-century.”

- Max Keiser

Fred Thiel, Marathon Digital CEO is confident that #bitcoin can be used to offset the $35T US national debt and predicts nation states will be competing over BTC as a sovereign reserve asset. Game theory time.

Mastercard launches non-custodial #Bitcoin and crypto debit card in the EU.

Coinbase CFO, Alesia Haas, says the Kamala Harris campaign is using Coinbase to accept crypto donations — Fortune

Senator Cynthia Lummis says her #Bitcoin Strategic Reserve bill is the "only viable solution that positions us to cut our national debt in half by 2045."

Data shows that #bitcoin transaction numbers have decreased by around 30% possibly as a result of the eyeglazing sideways price action over the last 6 months.

"Rektember blues" flood the market today as some analysts make grim predictions but thankfully there is one shining light amongst it all.... Scotty Pipen!

#bitcoin

The #cryptocurrency total market cap just dropped under the 2 trillion mark.

In related news, Mt. Gox CEO, Mark Karpeles is back in the game but this time giving old Gox victims half price trading fees with his new startup EllipX.

Regardless of current bearish market sentiment the #bitcoin hashrate is stronger than ever.

#FTX to repay its creditors with a total of $16 Billion starting in Q4 2024.