Bitcoin melting up, using otherwise-lost energy, Wall Street shorters, BTC Prague - Ep.132

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin is in the $69k range again for the 4th straight day, though earlier today its price peaked its head over $70k for a bit.

#Bitcoin made the second HIGHEST weekly close ever! 🔥. POST: https://x.com/BTC_Archive/status/1800092247557656982

WALL STREET “SHORTING” GAMES:

There are $12 billion worth of #bitcoin shorts up to $74,000. Wall Street firms are short big time. This is not necessarily a bearish play by Wall Street, by the way. It's likely part of the fiat games played to hedge risk and gain a premium spread. It involves selling #btc futures (paper btc) while simultaneously buying spot #btc to capture the spread. I did things like this for many years as a trader. But let me make a prediction, which you can bookmark and save for the future. #Bitcoin is going to bankrupt one or more of these venerable, bigger than life, Wall street firms that have come to play their normal fiat games on #bitcoin. #Bitcoin is a different beast, one that does not play by the rules of the system because it's totally outside of the system. No one who has ever played these games with #btc in the past is alive today. Make my words and #stackharder. POST: https://x.com/olvelez007/status/1799872480816824452

ADOPTION:

ANOTHA ONE. POST: https://primal.net/e/note1suh8r5x88kyfy4acqze2mrxh5rdfmq8w2hzsfqdhfuxvvalaym9syu3eye

EMISSIONS FROM MINING BITCOIN:

We've arguably never had a chart that tells such an important story about Bitcoin mining and ESG. This new chart, the result of 12 months research from the Digital Assets Research Institute @dari_org says: “Over 4 years, Bitcoin price and hashrate quadrupled, but emissions didn't grow", effectively ending the speculation that Bitcoin emissions will rise unsustainably in the future as the network expands.
POST: https://x.com/DSBatten/status/1800205217746624893
ARTICLE: https://www.batcoinz.com/p/issue-013-5-pretty-pictures-that

USING LOST ENERGY:

BREAKING: 🇵🇾 Paraguay to sell excess hydro-energy to #Bitcoin miners as part of it's new Economic Development strategy. Paraguay's Itaipu hydro-power station is one of the world's biggest, yet only 20% of the generated power is used. POST: https://x.com/BTC_Archive/status/1800139324014694875

FIAT/GOVERNMENT NONSENSE:

New law grants US president power to block digital asset access. ARTICLE: https://cointelegraph.com/news/new-us-law-block-digital-assets

BREAKING: 🇫🇷 Macron dissolves parliament after the disastrous defeat in EU elections, and calls new elections. POST: https://x.com/RadarHits/status/1799904501786157156

Debt based slaves. What is slavery? POST: https://primal.net/e/note1ta2vqmqzcd5e3d3ddx5kdha554d23smryvjjj0cvw77y6jfaln0qa9wh6l

Government is good at one thing. POST: https://primal.net/e/note12xtt8yxcg50egahcsjg6sdr0zamsyxlyaqtf3g0ucvk5th29uv8qeht600

I’m submitting my taxes this year like this. POST: https://primal.net/e/note1uc4h7lf4hv5hv46gccyn20qw4p2lam3zxrafzwqv97pgggxjsz7sq2fn68

CONFERENCE THIS WEEK:

#BTCPrague week is here and we have great news for you. The side events to the conference are now on Nostr! 💜 The platform making it possible is one of the BTC Prague partners @JoinSatlantis. You can now find the side events on the dedicated city page for Prague and RSVP on Nostr! Cheers! 🍻.
POST: https://x.com/BTCPrague/status/1800193256917016638
WEBSITE: https://www.satlantis.io/place/cz/prague/events

A.I. EVERYWHERE THESE DAYS:

🍏 APPLE LAUNCHES ‘ON DEVICE’ ARTIFICIAL INTELLIGENCE PROCESSING 😱. POST: https://x.com/RadarHits/status/1800238545556173028

LOL:

Terry Tate Office Linebacker. VIDEO: https://www.youtube.com/watch?v=RzToNo7A-94

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/