Fractal Bitcoin

Today’s Bitcoin news! 

PRICE UPDATE: 

Today Bitcoin’s price is hovering in the $62k range. Some charts indicate that we could slide down a bit from here, but it’s normal nominal price action. 

MINING WITH STRANDED GAS: 

JUST IN: 🇦🇷 Argentina's largest electricity producer to mine #Bitcoin powered by stranded gas and 1,200 bitcoin mining machines - Forbes. LATAM turning into Bitcoin maxis… 

• POST: https://twitter.com/RadarHits/status/1788171228684886240
• ARTICLE: https://www.forbes.com/sites/digital-assets/2024/05/07/argentina-will-mine-bitcoin-with-stranded-gas-thanks-to-gda/

FTX SCAM: 

NEW: Bankrupt FTX to pay customers $15 billion in recovered cash - CNBC. ‼️FTX is not paying customers in "FULL" as reported. Bitcoin is up almost 4x since hitting $15.5K low in the bear market and is now just above $62,000. FTX will compensate customers in US dollars at prices set during the bear market, not like-for-like in assets stolen. POST: https://twitter.com/RadarHits/status/1788191491296231456

BEWARE: 

Grayscale Withdraws ETH Futures ETF Application Amid Regulatory Uncertainty. Grayscale has unexpectedly withdrawn its application for an ETH futures ETF just weeks before the SEC's decision deadline, sparking speculation and uncertainty about its strategic intentions. ARTICLE: https://coinpaper.com/4148/grayscale-withdraws-eth-futures-etf-application-amid-regulatory-uncertainty

FIAT/GOVERNMENT NONSENSE: 

Argentina introduces 10,000-peso banknote. ARTICLE: https://insiderpaper.com/argentina-introduces-10000-peso-banknote/

JUST IN: 🇺🇸 Congressman Tom Emmer says SEC Chairman Gary Gensler’s tenure has been characterised by "regulatory hypocrisy, inconsistency, and incompetence.” POST: https://twitter.com/RadarHits/status/1788159822799523847

If you are 25 years old: …imagine you got a 50% pay rise and houses were suddenly less than half the price. Thats how good your grandparents had it at the same age. POST: https://twitter.com/RadarHits/status/1788218618745966890

In another instance of old men trying to regulate things they don't understand, the "Blockchain Integrity Act" proposes to ban financial institutions from "handling, using, or transacting with funds routed through digital asset mixers.” Except that, if the legislation was adopted, it could give anyone the ability to incriminate financial institutions, triggering asset seizures and fines of up to $100.000 per violation. POST: https://twitter.com/L0laL33tz/status/1788215463484244114

CBDC is on its way. POST: https://primal.net/e/note1dutzz28dp33femywppyqhlzd3c5qlm54zd5qst0wsk7vc3qeag7q52x95m

BITCOIN EDUCATION: 

I highly recommend reading all 3 books written by Saifedean. The #Bitcoin Standard = why Bitcoin over Fiat. The Fiat Standard = how Fiat money has corrupted everything. Principals of Economics = Austrian Economics good vs Keynesian economics bad. POST: https://twitter.com/jpcwolf/status/1788246123024470488

After finishing @saifedean‘s The #Bitcoin Standard. POST: https://twitter.com/CarlBMenger/status/1788157647507669373

LOL: 

Talking to my friends and family about Bitcoin. POST: https://primal.net/e/note159fdd33gs0g247r4f6nc2thvsttzvgasp232a5w97c2q8563j6lsqz8ajg

Is there a history of mental illness in your family? I have a cousin who thinks inflation is Putin’s fault. https://primal.net/e/note1zckdhwhalhw2dm38vcw8cfdjmll5zh88f3w2eyzzhu2tf3xau48s733yde

Subscribe to Fractal Bitcoin for your daily Bitcoin news! 

…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;) 

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NEW FRIDAY LIVESTREAM: 

The Bitcoin Panel

Fridays at 4:00 PM Eastern / 1:00 PM Pacific

LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/

Today’s Bitcoin news! 

PRICE UPDATE: 

Today Bitcoin is still hovering in the $63k range and hasn’t moved much from yesterday. 

BULLISH: 

JUST IN: Grayscale had a second day of inflows today with $3.9 million after $63m on Friday. The tide has turned! 🤑. POST: https://twitter.com/BTC_Archive/status/1787595828623745071

WHALES: 

Never has there been such a buying spree by high net worth #Bitcoin holders as has happened in the last 2 months with BTC ranging between 60-70k. These are the guys holding between 100 and 1000 BTC or roughly $6.5m - $65m of BTC. POST: https://twitter.com/woonomic/status/1787784015740862554

ADOPTION: 

VIDEO: I onboarded a ladies hairdresser in a township in South Africa onto #Bitcoin lightning 🇿🇦 ⚡️. ~ Joe Nakamoto. 

• POST: https://twitter.com/JoeNakamoto/status/1787860365835219369
• FULL VIDEO: https://www.youtube.com/watch?v=9aKwrBMWmO4

Bitcoin Ekasi: "But nobody uses #Bitcoin …" "It's only used for money laundering and drugs…" No. Pull your head out of your a**e and open your eyes. “A year ago, Bitcoin turnover in Pick n Pay stores was R220,000 per month. It is now over R1 million, still a paltry amount in terms of gross income, but a five-fold increase nevertheless.” Kudos to the ABSOLUTE legends at MoneyBadger (@CryptoConverted) for building tools to make #Bitcoin useful as everyday money. 

• POST: https://twitter.com/BitcoinEkasi/status/1787824909743272172
• ARTICLE: https://www.biznews.com/sarenewal/2024/05/05/pick-n-pay-enbraces-bitcoin

JUST IN: 🇰🇷 South Korea's new government will vote to allow spot #Bitcoin ETFs in June. POST: https://twitter.com/BTC_Archive/status/1787791067598794953

A gold bug refusing to use #Bitcoin is like a bookstore refusing to use internet. POST: https://twitter.com/BTC_for_Freedom/status/1787875685567987752

GRADUATES BOO BITCOIN: 

Students at Ohio State University audibly gasp and boo when the commencement speaker brings up the subject of #Bitcoin. POST: https://twitter.com/BitcoinNewsCom/status/1787650460507148718

It’s 2024 and the Gen Z normies are booing #Bitcoin. Never been more confident in my position. POST: https://twitter.com/BigSeanHarris/status/1787692495553642835

60,000 people boo #bitcoin at an indoctrination debt camp and people are surprised? They will come to us in the future begging for employment and we’ll pay them a generous 10 sats an hour. POST: https://twitter.com/Corey2140/status/1787827827460407683

The craziest thing about that OSU story is a person literally died during the graduation ceremony, but they just rolled with it. 

• POST: https://twitter.com/Mandrik/status/1787876670830973425
• ARTICLE: https://www.10tv.com/article/news/local/ohio-state-graduation-ohio-stadium-one-dead-after-falling/530-e010ccf2-625f-4cc1-aa64-801f3ded30b3

FIAT/GOVERNMENT NONSENSE: 

BRICS: BlackRock Issues Huge US Dollar Warning. ARTICLE: https://watcher.guru/news/brics-blackrock-issues-huge-us-dollar-warning

BRICS: India & Nigeria Finalize Major Partnership Ditching US Dollar. ARTICLE: https://watcher.guru/news/brics-india-nigeria-finalize-major-partnership-ditching-us-dollar

🪶Robinhood vs SEC🇺🇸 — Robinhood' founder says he will challenge SEC in court to defend crypto business and establish regulatory clarity after SEC issued Wells notice. POST: https://twitter.com/RadarHits/status/1787788519705833559

Unless you realize it is about creating an economic emergency to get us to a CBDC to circumvent the 4th Amendment ala the Patriot Act and 9/11. They are trying to cause the failure and it explains the depression level spending. They know it will take the 4 yrs for the SCOTUS to rule on the CBDC and people will have to live day one of fiat confiscation. Time to wake up Nicole. Your former party is worse than you can even imagine. They are making King George look like George Washington. They are the largest criminal cabal in American history. POST: https://twitter.com/DrJackKruse/status/1787886725349454043

Bittorrent is really the only reasonable way to fight video censorship. nostr definitely does not fix this, but it would be a great torrent indexer. POST: https://primal.net/e/note186sw7e5hftcqrh36tnsvy6mjv2uv2wsnxg94x27ym26yyekfcwcs3l9832

BITCOIN PRIVACY: 

I've been warning Bitcoin developers for ten years that privacy needs to be provided for at the protocol level. This is the final warning. The clock is ticking. POST: https://twitter.com/Snowden/status/1786170805728039127

Emessbee: Construct Coinjoin Transactions Without a Coordinator. Super Testnet shared a proof-of-concept implementation of the Emessbee protocol for performing coinjoin transactions without a central coordinator. POST: https://www.nobsbitcoin.com/introducing-emessbee/

IS MESSENGER APP SIGNAL COMPROMISED?: 

Signal’s Katherine Maher Problem. Is the integrity of the encrypted-messaging application compromised by its chairman of the board? ARTICLE: https://www.city-journal.org/article/signals-katherine-maher-problem

RUN WITH THE BULLS: 

Run with the Bulls. #Bitcoin. POST: https://twitter.com/saylor/status/1787815610904101265

SEND IT!: 

jimbocoin: #100pushups a day until #Bitcoin $100k. Day 047: 2024-05-07 - 4x15, 4x10 (deficit). In between squats, 5x5 🦵🦵. POST: https://primal.net/e/note1ps2m7helq93y7ggsu7p76xz0ujgpctc3r9dd0y6c8jy939wh5gcsrkr86l

BASED KIDS SHOW: 

🎉TUTTLE TWINS SEASON 3 PREMIERES TONIGHT!🔥. 

• POST: https://twitter.com/TuttleTwinsTv/status/1787861124089831441
• WATCH HERE FOR FREE: http://Angel.com/TuttleIG

Subscribe to Fractal Bitcoin for your daily Bitcoin news! 

…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;) 

Join our Locals community (free) — https://fractalbitcoin.locals.com/

NEW FRIDAY LIVESTREAM: 

The Bitcoin Panel

Fridays at 4:00 PM Eastern / 1:00 PM Pacific

LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/

Today’s Bitcoin news! 

PRICE UPDATE: 

Today Bitcoin’s price surged above $65k but now we are hanging around the $63k level. 

Bitcoin made a 'bullish engulfing' candle on the 3-day chart. Chance to make a strong push into the 70s now. 🚀. POST: https://twitter.com/BTC_Archive/status/1787442778210804217

Huge milestone for #Bitcoin. 1 billion peer-to-peer transactions have been sent on the network! 🥳 Forever stored by over 19,000 full nodes and counting. POST: https://twitter.com/River/status/1787507715540910165

YTD: #Bitcoin The percent supply held on exchange addresses 11%. POST: https://twitter.com/Quest_BTC/status/1787534168110293170

ETFs: 

Currently thinking about $GBTC's inflow from Friday. What a chart. POST: https://twitter.com/JSeyff/status/1787506564267393037

FUNDAMENTALS: 

What is the Sharpe Ratio? ANSWER: https://www.perplexity.ai/search/What-is-the-dpItRzBbS.mthy60Mjve_g

"Any Sharpe ratio greater than 1.0 is considered acceptable to good by investors. A ratio higher than 2.0 is rated as very good. A ratio of 3.0 or higher is considered excellent. A ratio under 1.0 considered sub-optimal.” #Bitcoin's Sharpe Ratio is 4.22. POST: https://twitter.com/ChrisAlaimo6/status/1786423414044987755

Someone paid 100 BTC to forge this gold bar in 2013. Gold bar value was $12,000. BTC value was $120. Twelve years later… Gold bar current value $13,000. 100 BTC current value $6,000,000. POST: https://twitter.com/AussieHodl/status/1786908898680578196

The New World will be built on #Bitcoin. #Bitcoin is the Rock Solid Foundation. POST: https://primal.net/e/note1wwp3dl4fj0jt9r9pf8ytup8u67lzhekvessn8f6jtct0yrdd5cusul766z

FIAT/GOVERNMENT NONSENSE: 

It took over 200 yrs for the US to accumulate the first trillion in debt. It took less than 100 days for the last trillion. Just as a frame of reference so you can understand how insane this all is: 

• 10 billion+ per day
• 500 million per hour
• 100K+ per second
• Strap in. 
• POST: https://twitter.com/LibertyLockPod/status/1787530085269959126

Everyone, please use only paper straws from now on. It will take the sacrificial effort of 5 billion people to offset the carbon emissions of Mark Zuckerberg's new $300 million megayacht. #ESG #Environment #ClimateChange. POST: https://twitter.com/HODL15Capital/status/1787498000895406505

Robinhood has received a Wells Notice from the SEC. A Wells Notice is a letter from the SEC, after it concludes an investigation, notifying an entity that they plan to bring enforcement action. The trend of regulation by enforcement continues. POST: https://twitter.com/michelleweekley/status/1787473552351883452

Shell Sold Millions In Carbon Credits That It Never Earned. ARTICLE: https://www.zerohedge.com/markets/shell-sold-millions-carbon-credits-it-never-earned

#Bitcoin vs the Fed. POST: https://primal.net/e/note1qjzxv340c6anddazje328739nnv0dddmurd2s24am4gx4sknscdq6hev8u

NOSTR: 

He's our @Jack now 🫂. POST: https://twitter.com/derekmross/status/1787467509718770124

LOL: 

Bitcoin buy that dip. POST: https://www.threads.net/@edervazquez32/post/C6Czd-CLr8B

Subscribe to Fractal Bitcoin for your daily Bitcoin news! 

…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;) 

Join our Locals community (free) — https://fractalbitcoin.locals.com/

NEW FRIDAY LIVESTREAM: 

The Bitcoin Panel

Fridays at 4:00 PM Eastern / 1:00 PM Pacific

LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/

Savvy Bitcoiners and Chris (LOL) discuss MicroStrategy Orange as well as the most vital priority of maintaining Bitcoin self-custody rights if/when governments attack that.

GUESTS: 

AC: 

— LinkedIn: https://www.linkedin.com/in/adriancercenia/

— X: https://twitter.com/AdrianCercenia

OpenMike: 

— Tunestr: https://tunestr.io/

Chris: 

— Fractal Bitcoin on Nostr — https://nostr.com/npub1jz42cy8qxw6dres86sn0cr42hww24pnjqssa4k9wxqvzm5l0mvqsq2f5ku

Subscribe and follow our channel, Fractal Bitcoin! 

Join our Locals community (free) — https://fractalbitcoin.locals.com/

Today’s Bitcoin news! 

PRICE UPDATE: 

So far today Bitcoin has jumped up approximately $3,000 from around $59k to around $62k. Is this the start of the next bog move, or will we put in a lower high and come down even more? 

Decision time for BTC. Retake the Fibonacci to signal a trend change or get rejected and continue to the path to 51k. Happy weekend. POST: https://primal.net/e/note1lgtfpcysxj952mjyyevep7rn2zszpx7qpsmhartf492hr65429aqf5surs

FUNDAMENTALS: 

🔥 Michael Saylor giving the best explanation of the #Bitcoin network and how electricity is creating a “thermodynamic connection between the virtual network and the physical world.” ⚡️. POST: https://twitter.com/SimplyBitcoinTV/status/1786335298969825611

ADOPTION: 

Each month, $SQ will be investing 10% of their gross profit from #Bitcoin products into $BTC. POST: https://twitter.com/saylor/status/1786144998385467550

COINJOINS: 

“I don't want my employer to be able to find out where I spent my funds. I definitely don't want someone I send bitcoin to to know how much I carry in the specific wallet from which I was spending.” Coinjoin gives you the basic privacy protections any bank account has. POST: https://twitter.com/peterktodd/status/1786144820806729928

FIAT/GOVERNMENT NONSENSE: 

The leading fiat economist, Jared Bernstein, chairman of the Council of Economic Advisers, can't even explain why governments borrow money in the currency they print out of thin air. #Bitcoin fixes this. POST: https://primal.net/e/note1pkap907us6s22hcjeztse0h8vp5mg9ldljjs9wswksqgzha0p63q84xp93

This is the level of genius and honesty we’re up against. If we somehow manage to lose we really don’t deserve anything at all. POST: https://primal.net/e/note10ucnyum6hpsgjm2rd7q4edcu6yrwcsh4lftw2geetstc0v00j2vspdzvhv

It seems the Truth is close to being known more widely…. The private Company called "The Federal Reserve" owns and runs the Ponzi scheme that IS the American financial system. Once you see it, you can't unsee it. The grift is real, the victims are the American people ... and the rest of the World. POST: https://primal.net/e/note1cth28zrxmptdn2pathmd4sdtlj6zaeauzastz2e0jk8fdmrgzgesuvg0qj

Renewed Regulatory Pressure On Bitcoin Is No Surprise. Nor will it change anything over the long haul… We’ve always said that the rise of Bitcoin and non-state fintech was a monetary regime change, and that it would be naive to expect the entrenched “powers that be” and incumbent establishment to go down without a fight. ARTICLE: https://www.zerohedge.com/crypto/renewed-regulatory-pressure-bitcoin-no-surprise

Fast food menu prices have risen considerably faster than inflation over the last decade, with most chains price gains far outpacing the ~40% gain in average hourly earnings over the same time frame. POST: https://twitter.com/BobEUnlimited/status/1786081467237388751

Choose Wisely. POST: https://twitter.com/john_at_swan/status/1786390718769938573

#bitcoin is not just a store of value, but a hedge against inflation. POST: https://twitter.com/CuriouslyCor/status/1786371039745704413

NOSTR ONLY / LEAVING TWITTER?: 

fiatjaf: Deleting your Twitter account can actually make a difference. Every time someone opens a link or searches for an old thread in which you participated they will not see your tweets, the entire experience will be broken and they will hate Twitter for that. POST: https://primal.net/e/note1m74w384e4h2aqtsnn6562nmd0hwehge2sll8jvt0rdhem5xf0d0sszpv6q

MINER GIVEAWAY: 

🎉 ¡NerdAxe Giveaway! 🎉 Ahead of the official launch on http://bitronics.store/ on the 25th at 00h, we've got a treat for all you pleb miners⛏ A chance to win a NerdAxe! 👇👀. 

• POST: https://twitter.com/BitronicsStore/status/1786402041872494689
• INSTRUCTIONS TO ENTER: https://twitter.com/BitronicsStore/status/1786402045894823979

OCEAN MINING POOL: 

Just in… our hobby mining with @OCEAN was 7% more profitable than with Braiins over a 30 day period. POST: https://primal.net/e/note18huss2m659t33gmvfyrusesepychzmn652cynpy44ht28nqknazq607g67

LOL: 

Look how instinctively the mother Croc carries the baby in its mouth. Nature is beautiful. POST: https://primal.net/e/note1dmtsh3fm7ttwvqcxlg6jxsusxhm0htrf7engzw8mh9h6q322gdwsvth8un

Subscribe to Fractal Bitcoin for your daily Bitcoin news! 

…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;) 

Join our Locals community (free) — https://fractalbitcoin.locals.com/

NEW FRIDAY LIVESTREAM: 

The Bitcoin Panel

Fridays at 4:00 PM Eastern / 1:00 PM Pacific

LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/

Today’s Bitcoin news! 

PRICE UPDATE: 

After dipping into the $56k range yesterday, Bitcoin’s price is now hovering around $59k. The dump yesterday was due to a collectively huge outflow from the US ETFs (see below). 

From the legend Peter Brandt. POST: https://primal.net/e/note1r6jf7sur6w257tsjnfey5079hzx5pvndenq00wtv8zqhkdvwhvfsyvm54r

ETFs: 

Yesterday was an extremely bad day for BTC ETF flows, with all ETF providers experiencing outflows. The total amount reached $563.7 million in outflows. POST: https://twitter.com/alphadojo_net/status/1785917726843629692

JUST IN: 🇭🇰Hong Kong #Bitcoin ETFs has $292m in flows on the first day. Thats almost 30% of the Bloomberg estimate of $1 billion in 2 years! 🔥. POST: https://twitter.com/RadarHits/status/1786048094322258038

MICROSTRATEGY ORANGE: 

MicroStrategy Unveils Inscription-based DIDs Spec and Enterprise Platform. "Wouldn't it be great if instead of a blue check, green check, etc., there was an orange check that was a global standard? With MicroStrategy, maybe we could approach this idea of decentralized identity, with Bitcoin," Michael Saylor said in the announcement. ARTICLE: https://www.nobsbitcoin.com/microstrategy-orange-did-solution/

Vitor Pamplona: Microstrategy's Orange Decentralized Identity (DID:BTC) project is basically DID:ION, but it stores changes to the DID Document JSON as an OP_RETURN in the blockchain itself instead of on IPFS… POST: https://primal.net/e/note1ehrxlha9j407dd23ge6cwzksh8yez40sza6zd0qw760egwfz6nesxaye35

Vitor Pamplona: Saylor is trying to create a trust anchor. But since anyone can create their own DID:BTC without Microstrategy's approval (lots of spam), the anchor must be Microstrategy's KYC platform… POST: https://primal.net/e/note1aed2j7cdrdggc027jcgxar3vnl8gwf2qu7a6lwcfpadrzmtpfnxq7vg9s3

DID is just a way to make KYC feel more decentralized. POST: https://primal.net/e/note19qvy8580e000u6p39zjp3fmaw7f5dlap2k2w3mf7chc2nfmc0wuqc6clkm

Anti-Ordinals… or Pro-Saylor?? POST: https://primal.net/e/note1hwzlkcy6dcx34k2qv2zet3dh6e7sagrr84khvphfr4le93e6shnq5dw5cc

ATTACK ON PRIVACY: 

The bad news continues with Wasabi coordinator service shutting down. If you care about #Bitcoin privacy, look into JAM. It's an easier to use implementation of JoinMarket. Or you can do nothing with your UTXOs & hope for a better solution in the future. POST: https://twitter.com/Mandrik/status/1786085922674561071

FIAT/GOVERNMENT NONSENSE: 

The plan is NOT to fix it. POST: https://primal.net/e/note1umf0sk606q36mlr5hfx8rxhz77gg5lhchjvw06g2v97cpp3zqkns2ulg7x

Q: Why isn’t China concerned about climate change? A: Because they already have a communist government. POST: https://primal.net/e/note1rvhmxvywtnp27k365wns047zta7jnc7wl7d525t4xzh53gvenr9qrvmmec

You can only “forgive" debt if it’s your own money. Forcing other to pay for it isn’t “forgiveness” IT IS “THEFT”. POST: https://primal.net/e/note14u2php2vzf4eqq2lssglltd6e738waa59chu9aqvw39rwkqzwywqst3a4q

“It’s hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.” ~Thomas Sowell. POST: https://primal.net/e/note1zg6l42e0j8u08l53g53enqz847g4fzqs7y3ej0vavfy6tuvhduvstc43ry

Senator Cynthia Lummis: “Come and Take It.” POST: https://twitter.com/SenLummis/status/1786055913922494838

GLOBAL ADOPTION: 

NEW: 🇰🇪 Kenya’s Treasury and Energy Ministries are is working on a national strategy for #Bitcoin. "Kenya means business." 👀. POST: https://twitter.com/BTC_Archive/status/1786072180259787257

⚡️ex-PayPal President says “#Bitcoin is the neutral settlement network for all payments in the world.” POST: https://twitter.com/BTC_Archive/status/1785988045138735454

MINING: 

Bitcoin Mining Pool Centralization (Bad News). VIDEO: https://www.youtube.com/watch?v=QnwjgMHbixU

REVEALED FINALLY!!!: 

Now you know. POST: https://primal.net/e/note1gya47qz36kyamgt6v4m9pmd7lustprvewgfd7uh6l9xzmrx5wsfqkglk0t

Subscribe to Fractal Bitcoin for your daily Bitcoin news! 

…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;) 

Join our Locals community (free) — https://fractalbitcoin.locals.com/

NEW FRIDAY LIVESTREAM: 

The Bitcoin Panel

Fridays at 4:00 PM Eastern / 1:00 PM Pacific

LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/

Today’s Bitcoin news! 

PRICE UPDATE: 

Today Bitcoin has fallen all the way into the $56k range, and is now hovering around $57k. 

This is the largest pullback so far during this #bitcoin bull run. POST: https://twitter.com/w_s_bitcoin/status/1785712801815707722

Bitcoin is 23% off its all-time high. So why does it feel worse than it is? 👉This is the second longest run of RED weekly candles in Bitcoin history! Both times were deep into a bear market. POST: https://twitter.com/BTC_Archive/status/1785686389738127380

Welcome to the #Bitcoin bull market. This is exactly how it goes. Your face will melt soon. POST: https://twitter.com/BrianDeMint/status/1785711108806021286

JUST IN: Over $380m leveraged Bitcoin and crypto positions wiped out in just 24 hours. https://twitter.com/RadarHits/status/1785644373507473775

#Bitcoin - we are here. POST: https://twitter.com/MikeJarmuz/status/1785675096138428729

ETFs: 

JUST IN: Head of ETFs at both Goldman Sachs and JP Morgan have resigned. Maybe it’s a coincidence that both companies missed the most successful ETF launch in history with the #Bitcoin ETFs. 😅. POST: https://twitter.com/BTC_Archive/status/1785707923324223707

LONGER OUTLOOK: 

JUST IN: Cathie Wood raises her Bitcoin price target by $2.3m to $3.8 MILLION. All it would take is for institutions to allocate "5% of their portfolios to Bitcoin". 🤔. POST: https://twitter.com/BTC_Archive/status/1785697790875541724

BINANCE FOUNDER SENTENCED: 

Binance's Founder CZ Sentenced to 4 Months in Prison. Binance founder and former CEO Changpeng 'CZ' Zhao was sentenced to four months in prison for breaking US anti-money laundering laws at the world's largest cryptocurrency exchange. ARTICLE: https://www.nobsbitcoin.com/cz-sentenced-to-4-months-in-prison/

HISTORY: 

Exactly 11 years ago, Forbes journalist, Kashmir Hill attempted to live off #Bitcoin for a week. Not only did she survive the week, she ended it by paying for 60+ people to eat and drink over the course of three hours, all in #Bitcoin. Legendary🔥. POST: https://twitter.com/CoinCorner/status/1785700968178368643

FIAT/GOVERNMENT NONSENSE: 

Treasury buybacks are mostly irrelevant when analyzing the overall liquidity situation. But the fact that the Treasury has to provide liquidity for what is supposed to be the most deep and liquid market in the world, and that serves as the world reserve asset, is notable. POST: https://twitter.com/LynAldenContact/status/1785708673538359551

$6.1 BILLION to bail out failed artists 🤡. POST: https://twitter.com/WalkerAmerica/status/1785695221264609382

Get Based @getbasedtv: This pernicious but completely legal banking SCAM makes over $10 billion dollars annually for the biggest banks in America - like JP Morgan Chase, Bank of America, and Wells Fargo. But why do we allow it? POST: https://twitter.com/getbasedtv/status/1785711320458756355

There is no red. There is no blue. There is the State. And there is you. POST: https://twitter.com/WalkerAmerica/status/1785518097790583234

Feds Scrutinizing Block's Square And Cash App, Eyeing If Transactions Funded Terror And Skirted Sanctions. ARTICLE: https://www.zerohedge.com/markets/feds-scrutinizing-transactions-using-square-and-cash-app-may-have-funded-terrorism-skirted

JUST IN: 🇺🇸 US Senator Cynthia Lummis says she's deeply concerned by the DOJ going after #Bitcoin non-custodial software. "I will do everything I can to fight for your rights to hold your own keys and run your own node." 👏. POST: https://primal.net/e/note15fv7v4veds882cvg47jprtqajcqr04u2k7hp2w52xn9nm25lv87qy39dgj

shut up. POST: https://twitter.com/zerohedge/status/1749275044503531680

✨ Exactly 40 years ago today, legendary economist F.A. Hayek predicting the future of money. "I don't believe we shall have good money until we take it from government. All we can do is by a sly, roundabout way, introduce something they can't stop." This is why we #Bitcoin 🔥. POST: https://twitter.com/pete_rizzo_/status/1785640410779472220

The fiat money dark ages are ending. #Bitcoin is Risen. POST: https://twitter.com/maxkeiser/status/1785703102030438899

“I’ve reached the ‘Tax is Theft’ phase, sorry it took so long.” ~Peter McCormack. POST: https://primal.net/e/note198pgflh5phcsa0959q984mqmt82qy5vkrh8eu7400hwzph9mlgkqutmwdt

Do you think American citizens are at the beginning of wake up stage ? Or nah. POST: https://primal.net/e/note1d7fa0g8nuv0m090tsdkqurga2p2q0p78y36a0umug0345dr3rhrq2uggpe

NOSTR: 

Why ODELL thinks nostr will eventually win. #whynostr. POST: https://twitter.com/primal_app/status/1785687535349375141

TRUE: 

True. POST: 

https://twitter.com/goddeketal/status/1785450560126370100

MUSIC: 

Wavlake: Mixtape Vol 8 is live ⚡️🎵. LISTEN: https://wavlake.com/episode/3884c271-25f5-4874-8c73-757eeb90ecbd

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The Bitcoin Panel

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Today’s Bitcoin news! 

PRICE UPDATE: 

Today Bitcoin has dropped around $4,000 from around $64k to $60k. Historical support exists around $60,800. If we break through that to the downside, $58k and $52k are the next major support levels. 

Stay humble. Stack sats. #Bitcoin falls to price levels not seen in… 11 days! POST: https://twitter.com/Swan/status/1785290539291550207

COINBASE INTEGRATES LIGHTNING: 

Starting today, support for the Lightning Network via @lightspark will begin rolling out. Enjoy instant, low-cost BTC transfers. 

• POST: https://twitter.com/coinbase/status/1785309426691273092
• ARTICLE: https://www.coinbase.com/blog/coinbase-integrates-bitcoins-lightning-network-in-partnership-with

HONG KONG ETFS: 

JUST IN: 🇭🇰 Hong Kong's #Bitcoin ETF by ChinaAMC took in $121m in asset on day 1 of trading. More than all US Bitcoin ETFs COMBINED in the last 6 trading days. POST: https://twitter.com/RadarHits/status/1785318283861737929

This is the start of something big. #Bitcoin is the only investable asset for China now and the doors are open. Be patient and you’ll see. POST: https://twitter.com/Excellion/status/1785235469619663162

Hong Kong #bitcoin ETF 1st day was actually strong… …adjusted for market size Hong Kongs first day was 22x stronger than the US record breaking bitcoin ETF launch. THREAD: https://twitter.com/adam3us/status/1785362329988706723

ADOPTION: 

Somerset Ben: I bought a coffee at a wagon today and asked “Can I pay with my Bitcoin?”. She explained it would be too complicated for her - then proceeded to enter the items into an iPad, added up the prices, enter the amount into a card machine and negotiate the card transaction. Bitcoin is not hard. Educating people is. POST: https://primal.net/e/note1y9sn09vvmpu2e8u3cntz3gdeeqpg23tk48ezxcc7ft263dsy3gjsrstz6v

ROGER VER ARRESTED IN SPAIN: 

Early Bitcoin Investor Charged with Tax Fraud. Man Known as “Bitcoin Jesus” Evaded Nearly $50M in Taxes. An indictment was unsealed yesterday charging Roger Ver, an early investor in bitcoins, with mail fraud, tax evasion and filing false tax returns. Ver was arrested this weekend in Spain based on the U.S. criminal charges. The United States will seek Ver’s extradition to stand trial in the United States. ARTICLE: https://www.justice.gov/opa/pr/early-bitcoin-investor-charged-tax-fraud

FIAT/GOVERNMENT NONSENSE: 

Kaplan on CNBC saying we must "slow the implementation of the Inflation Reduction Act to slow inflation.” POST: https://twitter.com/WarrenPies/status/1785319937969361094

🚨HUGE BRREAKING: New Paper reveals that federal banking regulators are likely contributing to the widespread debanking of #Bitcoin companies & individuals. POST: https://twitter.com/Dennis_Porter_/status/1785343073490284780

4 signs you are bad with money. POST: https://twitter.com/LPNational/status/1785112425521446995

There's only one ETF #Bitcoin'ers should care about:

• End
• The
• Fed
• POST: https://twitter.com/Mandrik/status/1785348851446042986

UK seized new powers: 

• Police will no longer be required to make an arrest before seizing crypto from a suspect.
• seize anything, such as written passwords, flash drives, or memory sticks
• destroy crypto assets, such as privacy coins, for the "public good", like Monero
• goes into effect today
• POST: https://primal.net/e/note1p4wmtw7s7d2skf65ypyh05h8npdeffgpjdjauv8aemzc07g6kz2ssxmhnd

Must-See! El Salvador President Bukele Tells Government Officials They’re All Under Investigation. ARTICLE: https://www.infowars.com/posts/must-see-el-salvador-president-bukele-tells-government-officials-theyre-all-under-investigation/

BITCOIN MUSEUM: 

Who is ready for the #Bitcoin Museum in Nashville to be open to the public? 

• POST: https://twitter.com/YungGucciT/status/1785329461728006283
• WEBSITE: https://museum.b.tc/

FOUNTAIN PODCAST APP: 

100M people around the world can now top up their Fountain wallet from @coinbase by sending #Bitcoin over the Lightning Network. Supporting your favourite podcasts and artists on Fountain just got a whole lot easier. POST: https://twitter.com/fountain_app/status/1785331632624308716

NOSTR: 

Now you can share your Public Spreadsheets! POST: https://primal.net/e/note1j0p7ezh582qr8jadjcrpqewup9xeup57t7xcy4npv3zu2s5la3gq9a834y

WISE MAN SAY…: 

Bitcoin always look dumpiest before pumpiest. POST: https://primal.net/e/note1m2ly9jk3afj7f83qpsd2lf9pc55fyfd3dyxtsnlsegwdctttt0ts50asj4

Subscribe to Fractal Bitcoin for your daily Bitcoin news! 

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The Bitcoin Panel

Fridays at 4:00 PM Eastern / 1:00 PM Pacific

LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/

Today’s Bitcoin news! 

PRICE UPDATE: 

Today Bitcoin continues its slow slide down (today hovering around $61-62k), which most analysts are describing as normal consolidation before the next leg up. The fundamentals are so strong with Bitcoin right now that it’s obvious that Bitcoin will be going MUCH higher over the next 18 months-ish.

Bitcoin closed down 4 weeks in a row and is on track for another red candle this week. The last time it did this was in the middle of the bear-market when it fell -42% in 9 weeks. Looks like consolidation to me. 🤔. POST: https://twitter.com/BTC_Archive/status/1784873734207127698

NEW: 🟠 91% of all #Bitcoin addresses are in profit 🙌. POST: https://twitter.com/btc/status/1785006336004046937

With declining transaction fees, miner revenue drops from 900 to 450 a day — delayed Halving effect. #Bitcoin. POST: https://primal.net/e/note1kgpyn6f75upgckmmnech0avv0egt6sk86d8dtrs2mlny24k4mgyqanpd3g

ADOPTION: 

🚨 JUST IN: Morgan Stanley has filed with the SEC to get #Bitcoin ETF exposure for *12* of its funds. Soon to be sold by their 15,000+ brokers. POST: https://twitter.com/Julian__Fahrer/status/1784977959247544515

JUST IN: 🇭🇰 Hong Kong’s Bitcoin and Ethereum ETFs inflows expected to be up to US$300 million tomorrow on the first day. — far more than the $125m first-day issuance in the United States for #Bitcoin ETFs - WuBlockchain. POST: https://twitter.com/RadarHits/status/1784977061049774347

JUST IN: 🇦🇺 Australia to approve #Bitcoin ETFs year - Bloomberg. POST: https://twitter.com/BTC_Archive/status/1784871059788796267

MONEY TRANSMITTING BUSINESSES??: 

JUST IN: The US’ response to the defense's motion for dismissal in the Tornado Cash case is out. It argues that a company doesn't need to "control" funds to be considered a money transmitter business. This development could have significant ramifications for the Samourai case. POST: https://primal.net/e/note1sy3fgdthmkjvezja07f3xldjcrd87xskljdwnthfawpqghur8n0sger6q8

Wasabi Wallet-Developer Blocks U.S. Citizens and Residents After Samourai Wallet Arrests. .S citizens residing abroad are also banned from using the service. ARTICLE: https://www.coindesk.com/policy/2024/04/29/wasabi-wallet-developer-blocks-us-citizens-and-residents-after-samourai-wallet-arrests/

KEEP CALM AND HODL: 

Samson Mow: Keep calm and HODL #Bitcoin. Everyone seems to be overreacting to the Samourai arrests, the FBI PSA, and Phoenix leaving the US. Here's my attempt to break it down. POST: https://primal.net/e/note13xrpfjjc39z8ky9y55r7w3jxfel8g47vhkd76k3m2lczxj4cn59skgcc5z

Michael Saylor: #Bitcoin represents the singularity where engineering, science, and mathematics crashes into economics and politics. Now economics is going to be an science or engineering discipline, not an art or pseudo-science. POST: https://twitter.com/BTC_Archive/status/1784651238753112467

FIAT/GOVERNMENT NONSENSE: 

Republic First Bank Officially Collapses, Seized By Regulators. Republic First Bank has officially collapsed and has been seized by regulators. The FDIC announced Friday that the Bank was closed by Pennsylvania state regulators. The collapse of RFB is the first US Bank failure this year. ARTICLE: https://watcher.guru/news/republic-first-bank-officially-collapses-and-seized-by-regulators

Central Banking Leads to Communism #Bitcoin. POST: https://twitter.com/xelloxwallet/status/1785003661405409303

NEW: 🇷🇺 Russia is NOT banning #Bitcoin or crypto, says the lawmaker who actually drafted the new legislation. Russia is banning the creation of domestic crypto exchanges and payment services. POST: https://twitter.com/RadarHits/status/1784944839978586402

#Bitcoin is the peaceful revolution. POST: https://twitter.com/TheBitcoinConf/status/1784992502723793243

“SATOSHI ACTION” BITCOIN ADVOCACY: 

Thank you @itsdono for the donation! If you want to join Donovan you can donate here: https://donorbox.org/satoshiaction

MINING: 

Ocean Mining @ocean_mining: It's time for Lightning⚡️ and it's time for BOLT12🔩. As of today, OCEAN miners can attach a BOLT12 offer to their #Bitcoin address and get paid out over Lightning! POST: https://twitter.com/ocean_mining/status/1784983835492360312

NEW YORK CITY’S ONLY BITCOIN DIVE BAR: 

Pubkey Bar — You wouldn’t know it, but this was his first time ever paying in #bitcoin. POST: https://primal.net/e/note1pqheh0tz5vvc3rzpsdr8m9jud9et5z0dqhrvs2w626ucfg4ctnhq7fz445

PRIVACY:

SimpleX Chat v5.7.0: Quantum Resistant End-to-End Encryption. SimpleX Chat is a free and open-source messaging platform that has no user identifiers and is private by design. Available on Android, iOS, Linux, Windows and macOS. ARTICLE: https://www.nobsbitcoin.com/simplex-chat-v5-7-0/

FUNNY: 

Surprise. We back. Between Two ASICs with @VivekGRamaswamy. VIDEO: https://www.youtube.com/watch?v=InhDBGVYA9E

Subscribe to Fractal Bitcoin for your daily Bitcoin news! 

…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;) 

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The Bitcoin Panel

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LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/

Today’s Bitcoin news! 

PRICE UPDATE: 

Today Bitcoin is still in the same price range as yesterday ($63-65k) and isn’t moving very much. Holding the $63,588 level would be a sign of potential upward movement. 

SATOSHI HAS BEEN GONE FOR 13 YEARS NOW: 

13 years ago, Satoshi Nakamoto made one of his greatest contributions to #Bitcoin, he went MIA. POST: https://twitter.com/JAN3com/status/1783911991142158529

Michael Saylor: Satoshi created a way, gave it away, and walked away. POST: https://twitter.com/saylor/status/1783900501089615907

FBI WARNING: 

🇺🇸 FBI warns Americans against using non-KYC #Bitcoin and crypto money transmitting services. POST: https://twitter.com/RadarHits/status/1783594765537214590

FBI Issues Warning Against Using 'No-KYC Cryptocurrency Money Transmitting Services’. In a move against what's deemed the best practices in Bitcoin security, the Federal Bureau of Investigations issued a warning to Americans against using 'cryptocurrency' services that are not registered as money services businesses (MSB) or do not perform KYC surveillance on their users. ARTICLE: https://www.nobsbitcoin.com/fbi-warns-americans-against-using-no-kyc-services/

Recent announcements from US authorities cast a doubt on whether self-custodial wallet providers, Lightning service providers, or even Lightning nodes could be considered Money Services Businesses and be regulated as such. POST: https://primal.net/e/note1lrdshxahnm2tsr9grv99e6w3am6y74zzjpjqgq6p8zgldrse5p3qq73kwp

PHOENIX WALLET: 

On May 3rd, 2024, @PhoenixWallet will be removed from US app stores. Users from the US should empty their wallet:

• Settings > Close channels (Android)
• Settings > Drain wallet (iOS)
• We highly recommend *not force-closing* channels, as on-chain fees could be significant.
• POST: https://twitter.com/PhoenixWallet/status/1783878658014249027

Dylan LeClair: Non-custodial Lightning wallet shutting down in the U.S. after recent announcements from U.S. authorities. Software is free speech. #Bitcoin is free speech. It’s time to take a stand. If not now, then when? POST: https://twitter.com/DylanLeClair_/status/1783884641901940792

Alex Gladstein: This is a disaster. Phoenix advertises itself as the “Bitcoin wallet from the future” and it’s true. The US government is chasing technological innovation out. A sad, sad day to be an American. POST: https://twitter.com/gladstein/status/1783880829438972316

ZEUS WALLET’S STATEMENT: 

We believe that ZEUS is following the letter of the law right now… POST: https://twitter.com/evankaloudis/status/1783892634982859039

Please remember, everyone's hero @elonmusk specifically tried to push the narrative that running a Lightning node makes you a Money Services Business. POST: https://twitter.com/GrassFedBitcoin/status/1783904451285123541

FIAT/GOVERNMENT NONSENSE: 

JUST IN: 🇺🇸 US Senator Elizabeth Warren writes letter to the DOJ claiming cryptocurrency is the "payment of choice" for child s*xual-abuse materials. POST: https://twitter.com/WatcherGuru/status/1783884914292588962

You are NOT just a tool pushing the agenda of the big banks. POST: https://twitter.com/Boomstick44/status/1783890875099070647

Lyn Alden: When countries enter fiscal dominance, they almost invariably turn up the capital controls. Commerce is intrinsically peer-to-peer, but many of those in power want all payments to go through centralized, permissioned, surveilled, approved corporate/government gateways. POST: https://twitter.com/LynAldenContact/status/1783895676495012299

Crypto Tea: The FBI calls crypto money so they can arrest you for money laundering. The IRS calls it property so they can tax you on capital gains. The SEC calls it a security so they can sue every exchange. The CFTC calls it a commodity so you can’t use it as a currency. POST: https://twitter.com/CryptoTea_/status/1783882913009823796

I wake up. New Infringement on freedom. Repeat ad nauseam. POST: https://twitter.com/benthecarman/status/1783907715682595016

NEWS: "For the first time in our nation's history, a 30-year-old man or woman isn't doing as well as his or her parents were at 30" - Scott Galloway on MSNBC. Fiat steals future generations' wealth. #Bitcoin. POST: https://twitter.com/SimplyBitcoinTV/status/1783898179756585413

BITCOIN WILL OVERCOME: 

This week may feel very very dark for #Bitcoin and for those who believe that all people, everywhere, should be able to transact freely with each other, as one of their most basic freedoms. POST: https://twitter.com/freddienew/status/1783885354363388368

Max Keiser: #Bitcoin is separating money from state in real time and the state is dying. They’ll lash out and try everything to stop their collapse, but it’s over for the state. POST: https://twitter.com/maxkeiser/status/1783898421213925862

“If your government is worried about their own citizens controlling their money, the most important question you have to ask is, What the hell is wrong with why government? Not, what the hell is wrong with Bitcoin.” ~ Andreas Andreas Antonopoulos. POST: https://twitter.com/sathoarder/status/1783655763640262703

THE BITCOIN CONFERENCE: 

The world’s largest #Bitcoin conference! WEBSITE: https://b.tc/conference/2024

CLOWN WORLD: 

U.N. climate chief has said that there are two years left to save the planet, per Reuters. POST: https://primal.net/e/note1u0d28gvkymrn2c4js7m7jpr0x50dq2yve5pjf5x2whlt8he0zvcsuhah8p

Another day in clown planet 😂🤡🌎. POST: https://twitter.com/WallStreetSilv/status/1783903876015411349

Subscribe to Fractal Bitcoin for your daily Bitcoin news! 

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NEW FRIDAY LIVESTREAM: 

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Fridays at 4:00 PM Eastern / 1:00 PM Pacific

LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/