A full academic rebuttal to the anti-Bitcoin ECB paper officially released.
Check it out here: https://www.murrayrudd.pro/challenging-bias-in-the-ecbs-bitcoin-analysis/
The #bitcoin halving spiral is an interesting and novel way to visualize current cycle performance along side previous cycle performance. It gives you a rough idea of what to expect and when.
Here is a live version:
In 2023 at the Rare Evo Conference, Cardano Founder, Charles Hogiskin predicted that Cardano would actually flip #bitcoin.
Here's how that is going!
"Nice job!, Blockchain Costanza"
With environmentally friendly focused mining, 🇧🇹 Bhutan 🇧🇹 is the 4th largest government holder of #bitcoin, holding roughly U.S. $800 million worth.
This is impressive for a humble Buddhist nation with a GDP of around $3 billion.
#Bitcoin rallies toward $70K as Futures hit record $40.5 billion amid ETF Surge, halving impact, and short liquidations fueling market frenzy.
Yesterday, while the #bitcoin price corrected 3% iShares Bitcoin Trust ETF bought the dip with inflows of U.S. $329 Million.
FYI: The Clark Moody #Bitcoin website is the best when it comes to a dashboard of detailed metrics and information.
The price chart has a real-time update speed called "each tick." It is fascinating to watch during times of vivid price action.
The chart also has multiple exchanges, so it can be very useful to a trader to spot arbitrage opportunities.
Check it out:
#Bitcoin dominance has been climbing since mid-July and is currently above 58%.
The market capitalization of #bitcoin is currently one trillion greater than #ethereum.
"Just saying. 🤷'"
"🇺🇸 Recently, the U.S. SEC 🇺🇸 approved options trading on spot #bitcoin ETFs.
"Putting aside the U.S. SEC's regulation-by-enforcement frenzy of last year, it seems America is far more embracing of potential #bitcoin strategies than the E.U. Bitcoin is next level, it is the money upgrade, it is the first engineered sound money, it is inevitable. Luddites always lose when going up against disruptive technological advancements.'"
"A bit further insight into perhaps why Germany sold their #bitcoin so easily. The European Central Bank (ECB) is calling for war on #bitcoin. They want to stagnate the price or try to kill bitcoin completely. The bogus fabricated reason: Early investors are rugging late investors.
"This behavior is what is expected from central/reserve banks in the face of the first engineered sound money – then they fight you!'"
The unit price has returned to its uper range and interesting to note, the #bitcoin balance on exchanges has dried up a lot and actually hit a 5-year low!
JAN3 Founder Samson Mow speaks at 🇩🇪 German parliament 🇩🇪 on #bitcoin strategies for nation-states.
Jurgan Schaaf, adviser at ECB suggests that #bitcoin should be "eliminated". He is saying that #bitcoins gains come at the expense of non-hodlers.
"His comment is stupid in two ways. 1. You can not eliminate bitcoin. 2. You sell, you loose."
A few reasons. 1. The unit price is already pre-elevated as a result of ETF and general adoption hype. It is in a higher position than its algorithmic trajectory. 2. ETFs source their #bitcoin from OTC desks and not from exchanges. There has been much spare Bitcoin outside exchanges after all the FTX fud during the last bear market (loose bitcoin). 3. The ETFs are exposing wall street to bitcoin but they are traders more than hodlers so their lettuce hands are letting go all the time.
Bitcoin will still hit the parabolic phase in a historically timely manner and we are not at the end of that window yet.
A poll revealed that more than half of U.S. voters prefer a pro crypto candidate.
- Grayscale / The Harris Poll
#Bitcoin ETFs have seen U.S. $1.6 billion inflows this week.
Yes, and even many further emails and documents which indicate that he decided not to. Enjoy!
🇮🇹 Italy's Deputy Finance Minister Maurizio Leo 🇮🇹 has announced their plan to increase capital gains on #bitcoin from 26% to 42% because "the phenomenon is spreading."
"Do not sell your Bitcoin!"
Continue your Bitcoin studies with this excellent resource—a comprehensive library of easily accessible Bitcoin-related papers.
Explore it here: https://nakamotoinstitute.org/library/
Tesla moved U.S. $760 million worth of #bitcoin yesterday to new wallets. It is unclear whether they are buying, selling or changing custodians.