Breaking news: Tesla can now buy DOGE. 🐕

Just 40 days in to the year so far:

Bitcoin reached $48K
Grayscale add $1.9 billion in BTC
PayPal & Visa offer crypto services
BTC on exchanges at 2.5 year low
Miami to add $BTC to balance sheet
Tesla buy $1.5 billion worth of Bitcoin
BTC flips TSLA in market cap — link

Singapore's TheSpartanGroup has announced a new venture fund investing in emerging DeFi ecosystems, with $30 million already raised out of an expected $50 million. — link

SOURCE: Next big corporate #BTC buyer is Larry Ellison, Oracle — Max Keiser

The dollar is going to melt below 2,000 sats before you know it. — link

What is Web3? 👉 — thread

Ten years ago today, the price of Bitcoin reached $1.

Tesla made more on $BTC since this morning than it did in all of Q4 selling cars. — link

02/09/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.

Total AUM: $36.5 billion

Tesla shareholders:

BlackRock
Goldman Sachs
JP Morgan
Citigroup
Wells Fargo
Morgan Stanley
Bank of America
Deutsche Bank
Charles Schwab
HSBC

Every one of these firms now indirectly own #Bitcoin — link

I think a lot of people are underestimating the power that a mature derivatives market is going to bring to #Bitcoin during this cycle. As the price goes higher and volatility continues to grow, it incentivizes more and more long-short funds to capture the massive ... post/1 — thread

JP Morgan adds crypto-friendly Signature Bank to its focus list — link

3 million ETH staked in the deposit contract

Bitcoin is growing at a faster pace than the internet.

There will be 1 Billion users by 2025. — link

Tesla has made more profit by holding Bitcoin for 1 month than in 14 years of selling cars. — link

A unamed Bitcoin mining center in Russia just became the largest in the country overnight, with 20,000 new machines. — link

The gold bugs don't like it because they can't touch it, the bankers don't like it because they can't inflate it, the power-hungry don't like it because they can't control it, and the economists don't like it because they can't stabilize it.

#bitcoin

— link

The Binance Smart Chain craze explained in one tweet:

Cons: Centralized as fuck, everything built or financed by Binance

Pros: low fees, Binance has deep pockets, massive opportunities because Binance will list anything that gets traction there

Profit maxis are there right now — Larry Cermak

The number of #Bitcoin withdrawals from exchanges just reached a 3-year high. This is an incredibly bullish sign during a bull run. — link

Binance Smart Chain generated more than $300k in fees yesterday, which is roughly 1% of ETH. Crazy growth in recent days though — link