NEW: 🟠 Grayscale’s #Bitcoin holdings have dropped from 619K at the start of the year to 228K BTC, the lowest level since July 2019 😮
🟠 Michael Saylor gives the best explanation of what Bitcoin is and why it cannot be killed 💪 https://video.nostr.build/3dd1f75d7d0ada565a6259fc83dc0e57208757ecf40938b98a81ec52c5fc9963.mp4
To start this informed day, here's what you need to know today, Friday, August 23:
🔵 The price of Bitcoin remains around $61,000. It is close to its highest point of the week.
🔵 Tron's USDD stablecoin is no longer backed by bitcoin. USDD is primarily backed by TRX, the cryptocurrency of the Tron network.
🔵 MakerDAO will launch 2 new cryptocurrencies. NGT and NST would be the new tokens that will be added to DAI and MKR, the already existing ones from MakerDAO.
🔵 "Russia prepares a strong blow to the dollar." Elvira Nabiullina, director of the Central Bank of Russia, proposes a new BRICS payments system, challenging US hegemony.
High priority fees for sending BTC on the Bitcoin network are again less than $0.5. After a momentary jump in rates this Thursday, the network returns to normal.
$BTC daily
ascending triangle targets range highs 
Miners' sentiment is gradually recovering after the halving.
🕐 🟧 🟧 🟧 Tick tock next block. 
Fear & Greed Index - Aug 23, 2024:
Today: 34 (Fear)
Yesterday: 39 (Fear)
Avg. 1W: 30 😱
Avg. 2W: 31 😣
Avg. 1M: 41 😕
Avg. 2M: 44 😕
Avg. 3M: 52 😁
Avg. 6M: 63 🤑
Avg. 1Y: 62 🤑
🔸 #Bitcoin
Price: $60,372
24h Low: $59,901
24h High: $61,386
MC Change: -$15.9B (-1.3%)
Dominance: 53.3%
24h: -1.3%
7d: 4.8%
14d: -3.2%
30d: -8.4%
60d: -5.1%
200d: 41.8%
1y: 131.9%
Denominate in bitcoin or be dominated by bitcoin. 
🟠 Jack Mallers describes FIAT currency debasement using Taylor Swift as a metaphor 💃
https://video.nostr.build/cfa61591496bde7c9241fe33f85d30b59e4f1128f309649e3301acce6f9e1733.mp4
BREAKING: 🇭🇰 Hong Kong #Bitcoin ETFs today recorded inflows of $15 million, the highest in a month.
Slowly and steadily 🙌
Crazy to think we were at $26k just one year ago.
https://video.nostr.build/b7f5d57d63e498254e191b765742235d826bceb1652140295097737fde1302fa.mp4
NEW: 🟠 Bitcoin OTC desk balances for miners have increased 70% since June, reaching a 2-yeah high of 368K BTC in August 📈
Fees are currently going insane because people are rushing to "stake" coins on
Babylon
There's a cap of 1000 BTC, in first-come-first-serve increments of at most 0.05 BTC per transaction.
Each transaction weighs ~236 vb, so it'll use ~5 blocks of space to complete. 
#BITCOIN (vs) M2 Global Liquidity Index
🚨 Fidelity Buys 175 #BTC
Flows keep coming 🫡
🚨 Grayscale Buys 72 #Bitcoin
GBTC (-$9.8m)
Mini Trust (+$14.2m)
This chart displays the price of Bitcoin $BTC in relationship to Gold $GC_F
The ratio is presently at 23.4. BTC remains below the 2021 high
Ratio has room to decline to sub 20. An advance above 32.5 is needed to declare BTC/GC in bull trend
