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Bitcoin News: BTC strength & adoption off the charts, scammers will scam, USD in the toilet - Ep.41
Today’s Bitcoin news!
PRICE:
Bitcoin’s price is still hanging around $52k +/-. Will it ever go below $50k again??
BITCOIN STRENGTH:
JUST IN - #Bitcoin mining difficulty is ripping. Mining difficulty has adjusted upwards by 8.24% to a new all-time high at 81.7T 👀 🚀. POST: https://primal.net/e/note13qdn2c29ud3gu6xfsdjmukk639094h0gwlxty553wfh3dtrw6vrqlzxkee
It’s pretty simple actually. Investment advisor recommends client adds #Bitcoin to portfolio(s) through one of ten ETFs. Advisor/client buys said ETF. ETF (authorized participant) buys underlying #Bitcoin, during and/or after market hours, to match demand. #Bitcoin price rises. POST: https://twitter.com/jameslavish/status/1757989360371368219
ADOPTION:
NEW: David Marcus reports his company Lightspark is now facilitating single transactions of $100k or more on the #Bitcoin Lightning Network for their clients 🙌. These transactions are seamlessly split and promptly reunited on the receiving end within seconds. POST: https://primal.net/e/note1t8hn9ced6j03kkd5ramzq9ml475ncqc9vn7vyp6rj0mdhxktefdq3mqr6r
Lightning Wallets Comparison. ARTICLE: https://darthcoin.substack.com/p/lightning-wallets-comparison
BEWARE:
Reading nonsense like this just makes me want to barf out loud, this layer 2 grift is going to be the scam trend of this cycle, be ready for poorly build bitcoin bridges and rollups with a token claiming to be L2s for Bitcoin and rugging a whole new generation of noobs. I'm calling it here already, don't say you weren't warned.
POST: https://primal.net/e/note1nay77kwtga32r2ze0d8wf3wj4px8k9vq0cuj44umdl23w0tjxfusw893r2
ARTICLE: Tron founder unveils Bitcoin layer-2 solution as BTC DeFi breaks $1.2 billion in TVL — https://cryptoslate.com/tron-founder-unveils-bitcoin-layer-2-solution-as-btc-defi-breaks-1-2-billion-in-tvl/
FIAT NONSENSE:
Another day, another record: US government interest payment has just crossed $1 trillion. POST: https://twitter.com/bitcoin_scoop/status/1758208601879875703
The UK economy is now in a recession. ARTICLE: https://www.cnbc.com/2024/02/15/uk-economy-slipped-into-technical-recession-at-the-end-of-2023.html
BRICS: Egypt Officially Ditches US Dollar For Trade. ARTICLE: https://watcher.guru/news/brics-egypt-officially-ditches-us-dollar-for-trade
Bank runs are cute, but wait until you see a Store of Value run into #bitcoin. POST: https://twitter.com/BTC_for_Freedom/status/1758184868582683019
How long until the government makes you pay for a license to interact your private #Bitcoin wallet to the current financial system? POST: https://twitter.com/CryptoBow82/status/1758173552186961970
DRAMA:
You can request and purchase one of these through the Capitol Flag Program website for $50 and they will write literally anything you want under "In Honor Of" and some intern will sign it on behalf of whichever Senator you request. POST: https://twitter.com/hrtlndbitcoin/status/1758160706333995168
FUNNY:
“I hope we never find life on another planet because if we do the United States will start sending them money!” POST: https://primal.net/e/note1l54q580gqx54uw4e9kpxn8vsj6hx3ax338ddxtc3hdtswly9ldqsjrva9e
In 1948, a man wore 30-pound, three-toed lead shoes and stomped around a Florida beach during the night. The footprints lead people to believe that a 15-foot-tall penguin was roaming their lands. He kept up the prank for 10 years, visiting various beaches. The hoax wasn't revealed until 40 years later. POST: https://primal.net/e/note1t25tw8qpezz08tvgrvvzrcytv6qmk9ztf2advhcynckfchskpgasjzr5w4
CONGRATS TO BTC SESSIONS:
100,000 SUBSCRIBERS AFTER 8 YEARS OF GRINDING, HOLY SH*T. VIDEO: https://primal.net/e/note1dq9s99t7fmhn3dswq4uheqglah4dlycj5mmnva7h2zecprc2cm2sxnh3ek
MUSIC:
The Road Narrows by fractalchris [OFFICIAL MUSIC VIDEO]: https://www.youtube.com/watch?v=BlFmc2HbXjo
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