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Wow Bitcoin’s purchasing power, more global adoption, new record hashrate, Bitcoin is family - Ep.67
Today’s Bitcoin news!
PRICE UPDATE:
Over the weekend we dipped into the $64k range but are now hovering around $67k. It’s not surprising that we need a cool-off period after 2 months of going almost straight up.
BITCOIN STRENGTH OF FUNDAMENTALS:
Bitcoin purchasing power… POST: https://primal.net/e/note14cz0mvlrlcjsawp9k2yzgkfharywtzrtr9j3q6ljajp5d43zt6as2ymktw
Bitcoin's halving is unlike others before it: A supply shock colliding with a demand tidal wave. ARTICLE: https://www.businessinsider.com/bitcoin-halving-cryptocurrency-markets-investors-etf-spot-btc-supply-demand-2024-3
₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: New Record #Bitcoin Hashrate 600,000,000,000,000,000,000x per second. [Documenting ₿itcoin @DocumentingBTC]. POST: https://twitter.com/DocumentingBTC/status/1769699968686723396
I think it's incredibly bullish to watch what miners do. There's only 6.4% of supply left to mine and they are investing MILLIONS into massive facilities and it's just getting started. For reference, 200MW is like 4x the power consumption of my entire city. For one mining facility! [arkinox [email protected]]. POST: https://primal.net/e/note14tqjq8sltj75agfv230snsr50gv3hzh4rnxv0qhwcjt4f2q7w2xq4hlrge
ADOPTION:
NEW: The 🇦🇪 Dubai International Financial Centre enacts a new Digital Assets Law, updating its legal framework to recognize #Bitcoin and cryptocurrencies. The law impacts contracts, insolvency, damages, obligations, securities, and personal property. POST: https://primal.net/e/note1n4zljlymqd3tlszw6x7g5zjeckzg48d24muq0syxzwvayhkmmljstxg24g
NEW: #Bitcoin ETFs to list in the UK but only available to “professional investors” - Financial Times. Post: https://primal.net/e/note1fzdsge89c3zp7983na7n3s3qmayj488hjzww4adgh9uaw44l8l0qwss3u9
I’ve started using Strike again after discussing it on The Bitcoin Panel on Friday.
EPISODE: https://rumble.com/v4jb8qf-the-bitcoin-panel-btc-global-takeover-what-it-means-nostr-buzzing-mar.-15-2.html
WEBSITE: https://strike.me/
THE BITCOIN FAMILY IS SPECIAL:
The momentum is behind #Bitcoin 💎🤲 @annahhodl @hodlhodl @debificom. [The Core - Bitcoin Education @thecore21m]. POST: https://twitter.com/thecore21m/status/1769722618276442522
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