The first indication that the Strategic Bitcoin Reserve won't happen
The new Crypto Czar David Sacks gave a press conference where he announced that he was setting up an "internal working group" to look at the "feasibility of a Bitcoin Reserve".…
@teatree
Solana and Trump
By now everyone and their dog knows that Trump created a sh$tcoin called TRUMP which got instantly listed on Coinbase and got pumped into the multi billion market cap range.…
It's one year since Bitcoin ETFs were launched
Bitcoin ETFs started trading approximately one year ago on 11th January 2024. They started with $29 billion due to the GBTC (Greyscale BTC Trust) conversion into an ETF. Total…
What is causing the crypto crash?
Bitcoin is back down to about $94,000 and the major altcoins naturally crashed by about 10% to 15%. (Hive is an outlier in that it is mostly holding on to recent gains). I think…
Russia is using bitcoin to get around dollar restrictions
The Russian finance minister confirmed to Reuters that they were using bitcoin to settle payments in foreign trade: source Of course, some of us suspected…
The reason Hive attempted another pump
This is the fourth attempt to get lift-off since 13th November. Here is the chart: source I've been trying to work out why it's pumping…
Is Michael Saylor becoming a risk to bitcoin?
I can't be the only one feeling a little uneasy. Here are the facts: Microstrategy (MSTR) has 331,000 bitcoins. At the current price of $94,380 at the time of writing, this is…
Which governments are mining bitcoin?
We've known about El Salvador 🇸🇻 mining and buying bitcoin for some years. They've been very open about it, and made Bitcoin legal tender to encourage citizens to use it.…
Litecoin is now 13 years old
Litecoin was created on 13th October 2011 and it's the longest running ever blockchain, as it has had 100% uptime. (By contrast, bitcoin has had two downtimes in 2010 and 2013.…
The IMF is openly trying to get El Salvador to give up bitcoin
Here is a video of the IMF press conference: From about 42 seconds in, she says bitcoin is a "key risk", she wants El Salvador's law on bitcoin to be "narrowed" and "public…