STRATEGISTS AT WALL STREET BANKING GIANT JPMORGAN HAVE SUGGESTED THAT A ONE PERCENT PORTFOLIO ALLOCATION TO BITCOIN WOULD SERVE AS A HEDGE AGAINST FLUCTUATIONS IN TRADITIONAL ASSET CLASSES SUCH AS STOCKS, BONDS, AND COMMODITIES. #BITCOIN 🪙🚀
Visa CEO, Al Kelly: “We’re trying to work with some Bitcoin wallets to allow #Bitcoin to be translated into a fiat currency and therefore immediately be able to be used at any of the 70 million places around the world where Visa is accepted.”
JP Morgan says that retail investors have purchased more than 187,000 #Bitcoin worth $10.4 billion over the past 3 months via PayPal and Square.
Institutions have also purchased 173,000 BTC worth $9.6 billion over the same period.
Institutions have also purchased 173,000 BTC worth $9.6 billion over the same period.
20,370 #Bitcoin were net-deposited to exchanges in 24h.
This inflow is rivaled only by the March, 20 crash.💀
This inflow is rivaled only by the March, 20 crash.💀
Elon Musk, Jack Dorsey & Cathie Wood are to talk about #bitcoin at The B Word Conference at 12 PM ET, today.
Forwarded from Crypto | Bitcoin | Ethereum | Altcoin | News
BREAKING: The ECON committee of the EU Parliament just voted against the de-facto POW-ban: 32 against, 24 in favor.
Great news for Bitcoin & Crypto!
Source here
©️Cryptocurrency Inside
Great news for Bitcoin & Crypto!
Source here
©️Cryptocurrency Inside
X (formerly Twitter)
Patrick Hansen (@paddi_hansen) on X
BREAKING: The ECON committee of the EU Parliament just voted against the de-facto POW-ban: 32 against, 24 in favor.
Big relief & political success for the bitcoin & crypto community in the EU💪💪
Will share a breakdown of the vote and what’s next here in…
Big relief & political success for the bitcoin & crypto community in the EU💪💪
Will share a breakdown of the vote and what’s next here in…
👍51❤41🔥33🤩1
1 BILLION people will be using #bitcoin within four years,
according to the current pace of adoption 👀
according to the current pace of adoption 👀
👍212
MicroStrategy has purchased an additional 301 bitcoins for ~$6.0 million at an average price of ~$19,851 per #bitcoin. As of 9/19/22 @MicroStrategy holds ~130,000 bitcoins acquired for ~$3.98 billion at an average price of ~$30,639 per bitcoin.
October is historically an extremely bullish month for #Bitcoin, with an average return of +22%.
Global #Bitcoin adoption
1. Vietnam 🇻🇳
2. Philippines 🇵🇭
3. Ukraine 🇺🇦
4. India 🇮🇳
5. U.S 🇺🇸
6. Pakistan 🇵🇰
7. Brazil 🇧🇷
8. Thailand 🇹🇭
9. Russia 🇷🇺
10. China 🇨🇳
11. Nigeria 🇳🇬
12. Turkey 🇹🇷
13. Argentina 🇦🇷
14. Morocco 🇲🇦
15. Colombia 🇨🇴
1. Vietnam 🇻🇳
2. Philippines 🇵🇭
3. Ukraine 🇺🇦
4. India 🇮🇳
5. U.S 🇺🇸
6. Pakistan 🇵🇰
7. Brazil 🇧🇷
8. Thailand 🇹🇭
9. Russia 🇷🇺
10. China 🇨🇳
11. Nigeria 🇳🇬
12. Turkey 🇹🇷
13. Argentina 🇦🇷
14. Morocco 🇲🇦
15. Colombia 🇨🇴
Google will start accepting Bitcoin and cryptocurrency payments for its cloud services in a partnership with U.S. exchange Coinbase.
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66.5% of the #Bitcoin supply hasn't moved in over a year 🪙
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#Bitcoin
- Price below key equilibrium.
- Momentum rolling over.
Risk remains skewed to the downside until structure is reclaimed and momentum confirms.
- Price below key equilibrium.
- Momentum rolling over.
Risk remains skewed to the downside until structure is reclaimed and momentum confirms.
Glassnode reports that 1.05 million $BTC of long-term holder supply is currently sitting between $83K and $86K.
This represents the first "heavy cost-basis shelf" above the current #Bitcoin spot price of approximately $79K.
This represents the first "heavy cost-basis shelf" above the current #Bitcoin spot price of approximately $79K.
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