On Wednesday #bitcoin mining difficulty rose by 3.5%.
#Coinbase has released cbBTC, a wrapped version of #bitcoin on the Ethereum network and Base. Apparently it is backed 1:1 with Bitcoin held on the Coinbase exchange.
New data shows that 11% of #bitcoin supply is held by #Coinbase.
π¬π§ UK Parliament π¬π§ introduces bill to recognize #bitcoin as personal property.
Standard Chartered launches Bitcoin custody services in the UAE.
Tides turned a bit with #bitcoin ETF inflows of U.S. $117 Million.
Arkham Intelligence reported that SpaceX owns U.S. $500 million worth of #bitcoin.
π―π΅ Japan's π―π΅ #Metaplanet adds another Β₯300 million worth of #bitcoin to its balance sheet.
Occasionally a solo miner cracks a block and is issued the entire reward, currently βΏ3.125. This is a testament to the fairness of the #bitcoin protocol.
π―π΅ Japan's π―π΅ largest power company is mining #bitcoin using surplus energy.
Vanity addresses for #bitcoin are like personalized number plates you can generate with this:
Elon Musk has recently hinted at re-enabling #Dogecoin as a payment option for Tesla.
"Can't blame a guy for choosing the dog that is easier to control!"
Paper bitcoin continues its outflows while in the background #whales are stacking nonstop. This highlights the divide between traditional investors and those who truly understand the #bitcoin protocol on a technical level.
Gold vs. Bitcoin
#bitcoin critic Peter Schiff goes head to head in debate with bitcoin ambassador, Jack Mallers resulting in many laughable moments.
Fully agreed, the price has prematurely pumped ahead of the assets fixed algorithmic price trajectory due to unprecedented adoption levels from the ETFs and related anticipation. I would say that we would be looking at around 40k naturally without the extra adoption.
According to historical data #bitcoin is doing the same thing it did in 2020 before the parabolic phase. For genuine bitcoiners, the current price performance is not a cause for concern.
3 Years ago today, πΈπ» El Salvidore πΈπ» adopted #bitcoin as legal tender. Who will be next?

#bitcoin
The much-anticipated Nakamoto upgrade for Stacks could prove to make #bitcoin DeFi explode soon as it shifts #Stacks to a "bitcoin native" model which relies more on the base layer's infrastructure.
Large #bitcoin logo projected in German parliament could possibly be too little too late or could Germany do a 180 on bitcoin.
