INSIGHT: π The closer Strategy's STRC trades to par, the more Bitcoin Strategy can buy.
$STRC went from 13% volatility to 2.1% in 8 weeks, now trading within cents of $100 par value consistently.
Since, we have seen STRC be able to raise $3B+ in 2 weeks to buy BTC.
Institutional capital = STRC stability
Source: https://x.com/BitcoinArchive/status/2046318236329816224?s=20
$STRC went from 13% volatility to 2.1% in 8 weeks, now trading within cents of $100 par value consistently.
Since, we have seen STRC be able to raise $3B+ in 2 weeks to buy BTC.
Institutional capital = STRC stability
Source: https://x.com/BitcoinArchive/status/2046318236329816224?s=20
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NEW: π¬π§ UK gas investment firm Reabold Resources is reportedly considering to enter the Bitcoin mining industry.
Source: https://x.com/bitcoinnewscom/status/2046325027814199776
Source: https://x.com/bitcoinnewscom/status/2046325027814199776
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NEW: π STRC may be the start of a structural shift in how corporate finance operates, per Bitwise advisor Jeff Park.
Source: https://x.com/BitcoinNewsCom/status/2046340379105181809?s=20
Source: https://x.com/BitcoinNewsCom/status/2046340379105181809?s=20
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JUST IN: π Morgan Stanley's spot Bitcoin ETF now holds over $139 million worth of BTC after only 9 days of trading β Arkham π
Source: https://x.com/bitcoinmagazine/status/2046571110913753329
Source: https://x.com/bitcoinmagazine/status/2046571110913753329
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JUST IN: πΊπΈ United States Indo-Pacific Commander, Admiral Samuel Paparo, advises the Senate that "Bitcoin shows incredible potential as a computer science tool."
"Bitcoin is a reality, it is a valuable computer science tool as a power projection."
Source: https://x.com/BitcoinMagazine/status/2046605478407385594?s=20
"Bitcoin is a reality, it is a valuable computer science tool as a power projection."
Source: https://x.com/BitcoinMagazine/status/2046605478407385594?s=20
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BULLISH: π Adam Back explains Saylor's $STRC:
"It's a proposition bet. I need $ to buy BTC. Lend it to me at 10%. Then buy BTC b/c it's gone up 60% in 10 years. Even if it decays, it's a good arbitrage."
Source: https://x.com/gazza_jenks/status/2046587927988191592?s=20
"It's a proposition bet. I need $ to buy BTC. Lend it to me at 10%. Then buy BTC b/c it's gone up 60% in 10 years. Even if it decays, it's a good arbitrage."
Source: https://x.com/gazza_jenks/status/2046587927988191592?s=20
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JUST IN: πΊπΈ White House pick for Fed Chair says "digital assets are already a part of the fabric of our financial services industry in the US." π
Source: https://x.com/BitcoinMagazine/status/2046621193533378625?s=20
Source: https://x.com/BitcoinMagazine/status/2046621193533378625?s=20
β€39β‘21π11π€£4π3π1π₯1π―1
NEW: π Vanguardβs Mid-Cap Value ETF acquires 1.21M Strategy shares ($195M), bringing total holdings to 2,043,268 shares ($255M).
Source: https://x.com/BitcoinNewsCom/status/2046596567352705312?s=20
Source: https://x.com/BitcoinNewsCom/status/2046596567352705312?s=20
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JUST IN: πΊπΈ White House pick for Fed Chair says the Federal Reserve has no legal right to issue a CBDC.
"It would be a bad policy choice." π
Source: https://x.com/BitcoinMagazine/status/2046632182043517037?s=20
"It would be a bad policy choice." π
Source: https://x.com/BitcoinMagazine/status/2046632182043517037?s=20
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BREAKING: πΊπΈ US BANKS.
US banks are facing unrealized losses of $300B, down from $700B in 2023.
For context, those US banks have around $25,000B in assets and $2,600B in equity capital.
Source: https://x.com/LynAldenContact/status/2046645124902289541?s=20
US banks are facing unrealized losses of $300B, down from $700B in 2023.
For context, those US banks have around $25,000B in assets and $2,600B in equity capital.
Source: https://x.com/LynAldenContact/status/2046645124902289541?s=20
β‘25π±15π14β€8π₯1
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NEW: π Director of Blockstream Research, Jonas Nick, explains the case for hash-based post-quantum signatures in Bitcoin in one minute.
Source: https://x.com/Blockstream/status/2046301857652592647?s=20
Source: https://x.com/Blockstream/status/2046301857652592647?s=20
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NEW: π $132 million in Bitcoin shorts liquidated in the last 24 hours.
The bears are furious that Bitcoin is making highs not seen since early February.
Source: https://x.com/bitcoinnewscom/status/2046920875325227297
The bears are furious that Bitcoin is making highs not seen since early February.
Source: https://x.com/bitcoinnewscom/status/2046920875325227297
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NEW: π·πΊ Russia passes first reading of bill that would clarify Bitcoin and crypto as property and allow it in foreign trade β Russian state owned TASS
Source: https://x.com/BitcoinMagazine/status/2046936264595705892?s=20
Source: https://x.com/BitcoinMagazine/status/2046936264595705892?s=20
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BULLISH: ππ° BREAKING: Hong Kong-listed Bitfire just launched Alpha BTC β targeting 10,000 BTC (~$780M) in client assets within 1 year.
Asia is waking up to BTC π₯
Source: https://x.com/BTCtreasuries/status/2046933111573770379?s=20
Asia is waking up to BTC π₯
Source: https://x.com/BTCtreasuries/status/2046933111573770379?s=20
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ZEROHEDGE: π Bitcoin 79K, highest since January, after breaking out above the post-October high resistance.
And zero 10am slams since Jane Street got busted for crypto market manipulation.
Source: https://x.com/zerohedge/status/2046955413778702390?s=20
And zero 10am slams since Jane Street got busted for crypto market manipulation.
Source: https://x.com/zerohedge/status/2046955413778702390?s=20
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JUST IN: πΊπΈ Treasury Secretary Scott Bessent tells the Senate we need to pass Bitcoin & crypto market structure legislation.
"The US has to lead here. We're the technological leader in the world, we should be the payments leader in the world."
Source: https://x.com/BitcoinMagazine/status/2046995485039223023?s=20
"The US has to lead here. We're the technological leader in the world, we should be the payments leader in the world."
Source: https://x.com/BitcoinMagazine/status/2046995485039223023?s=20
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NEW: πΊπΈ North Carolina introduces Digital Asset & Stablecoin Act (HB 1029)
State-chartered banks & payment stablecoin issuers now regulated, 100% reserve backing required.
Florida & Alabama already enacted similar frameworks.
North Carolina on the move for Bitcoin fintech hub.
Source: https://x.com/BitcoinArchive/status/2046997714408223017?s=20
State-chartered banks & payment stablecoin issuers now regulated, 100% reserve backing required.
Florida & Alabama already enacted similar frameworks.
North Carolina on the move for Bitcoin fintech hub.
Source: https://x.com/BitcoinArchive/status/2046997714408223017?s=20
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