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Junkflex
6a37b0a3376a23803e7e87376e1b4f7077b46e67143269c87c7b90dd264a4b9d
This account will be repurposed for my art.

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.

πŸ‡¬πŸ‡§ UK Parliament πŸ‡¬πŸ‡§ 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.

πŸ‡―πŸ‡΅ Japan's πŸ‡―πŸ‡΅ #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 β‚Ώ3.125. This is a testament to the fairness of the #bitcoin protocol.

πŸ‡―πŸ‡΅ Japan's πŸ‡―πŸ‡΅ largest power company is mining #bitcoin using surplus energy.

Vanity addresses for #bitcoin are like personalized number plates you can generate with this:

https://joshua-zou.github.io/vanity-btc/

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.

https://www.youtube.com/watch?v=MSlEQA1BoOE

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, πŸ‡ΈπŸ‡» El Salvidore πŸ‡ΈπŸ‡» adopted #bitcoin as legal tender. Who will be next?

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.