#Bitcoin realized profits at record highs.

Yesterday alone, the total net realized profit of all coins moved on-chain was $5.5 billion.

Note that these represent BTC on-chain movements (comparing price at UTXO creation/spent times), not trades. — link

Bitcoin's "doubling time" (days it takes BTC to double from previous threshold) is at all-time lows.

Comparable periods:

+ April 2013
+ November 2013
+ December 2017

Each of these periods were followed by significant selloffs. — link

South Korea’s government will start taxing cryptocurrency gains: 20% tax on profits > $45,600 and 25% on profits > $273,000. More taxation will only make pros move to friendlier jurisdictions. It's always the same story. — link

#Bitcoin hit a new #AllTimeHigh of $41,970 an hour ago! Higher highs continue rolling in, and the most notable predictor has been the explosion of new 1,000+ $BTC whale accounts. There are 153 new addresses of at least this size compared to 2 weeks ago. — link

Bitcoin "mega whales" started selling spikes after $BTC had corrected down to $36.5k from $40k.

They expected more downturn, which never came.

Now, smaller Bitcoin whales ($100k - $1M) are taking profit just under $42k.

It's the same old story.

Buyers in the U.S., mostly Coinbase (due to massive volume, premium, outflows), are carrying Bitcoin to new highs.

Whales taking profit as soon as BTC hits a new high.

So it's important even more so to observe Coinbase outflows and volume.

— link

Ethereum 2.0 Explained in 4 Easy Metrics — link

#Bitcoin went straight from $2,000 to $40,000 after this moment.

01/08/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.

Total AUM: $28.4 billion — link

If you’re new to #Bitcoin , search for "why Bitcoin" before "how to buy bitcoin”

If this is your first #Bitcoin bull run, here’s some advice:

– corrections are healthy
– 30% dips are normal
– only buy what you can afford
– try not to use leverage
– take a little profit here & there
– don’t stare at your phone all day
– remember to take breaks
– BUY THE DIPS

The US Dollar has lost 21% of its purchasing power since #Bitcoin was created. — link

Apparently SkyBridge held an investor call about their bitcoin fund yesterday and 6,000+ people tried to join, overwhelming their system ... — link

Approximately $68.5 trillion in assets are expected to be handed down from Baby Boomers to Gen X and Millennials in the next 25 years, AND multiple studies show these younger generations are much more likely to invest in #crypto. The math on that one isn't hard! — link

Historically, #Bitcoin's peak-to-peak has been 38x & 16x

If this continues we'd see 9x/170k this run. Compared to previous runs where liquidity & onramps where low, access is easy (Paypal, Cashapp) & institutional buying is exceeding BTC’s daily supply rate

$170k is conservatie — link

#Bitcoin has surpassed Facebook $FB in market cap. Makes sense that a money network would be more valuable than a social network. — link

I once said I would start slowly selling my #Bitcoin at 100k, but have decided to never sell. When the time is right I will borrow against it & pass it down to my children & grandchildren. An opportunity to create generational wealth. — link

#Bitcoin is now the 14th largest currency in the world. — link

The Smart Way to Talk About DeFi’s $22B — link