NEW: Worldwide Google searches for ‘Ethereum’ hits new all-time-high

This rally is warm but not yet overheated.

This is how much "speculative premium" we have right now compared to a similar phases of the prior 2 bull markets. — link

Thread: Interesting HODL waves analysis... — link

I think we would see a short-term Bitcoin top when:

- Premium on Coinbase vanishes
- Grayscale inflows stagnate
- Open interest and funding rate hit record-highs
- Coinbase outflows slow down

Until all these 4 criteria are hit, I don't think a big correction is due. — link

Worldwide searches for 'Bitcoin' are spiking on Google, retail interest could be about to surge significantly — link

Grayscale buys $4 billion worth of crypto assets over the last 7 days.

Their total Bitcoin holdings is now over $20.41 billion, pushing its total AUM to $24.03 billion — link

In China, search volume for the term #Bitcoin ("比特币") is surging, and has now eclipsed the search volume during 2017's bull run. — link

No More KYC with ShapeShift — link

New Lightning Network stats! — link

"Each U.S. citizen now has a choice. You can stay on the Fiat Standard, in which some people get to produce unlimited new units of money for free, just not you. Or opt in to the #Bitcoin Standard, in which no one gets to do that, including you." -Ross L. Stevens — link

Total AUM: $25.2 billion right now

"It does make some sense to me," says Former Fed Governor Kevin Warsh on #bitcoin's bull run. "The dollar is weakening, and after the elections overnight I'd look for the dollar to continue to weaken against a large basket of currencies." — watch

Bitcoin is now larger than the Swiss franc

Switzerland's M1: $671,000,000,000
Bitcoin: $672,000,000,000

— link

PayPal’s #Bitcoin buying and selling is nearing $500 million in weekly volume and $80 million in daily volume, up 5x since November — link

1,620 illegal cryptocurrency mining farms in Iran have reportedly been disconnected from the national power grid by authorities and will face prosecution. — link

The first cycle of BTC had quintuple pumps.

BTC double pumped in 2013; a huge capital inflow.

ETH double pumped in 2017; also a huge capital inflow.

BTC 2021 is facing institutional inflows.

Double pump seems like what happens when large inflows are injected into a smallish asset. — link

The first draft of this chart from early November is looking surprisingly accurate, give or take a few months. — link

Progress of #Bitcoin flipping the US Dollar Banknote with dollar sign M1 money supply:

▓▓░░░░░░░░░░░░░ 9%
($0.66T) ($6.7T)

— link