The value of all bitcoins exceeded $1 trillion today, and thousands of fiat economists still don't have anything more useful to say about it than irrelevant incoherent noises about an increase in the price of flowers in Holland for a few months in the seventeenth century. — link

The first Bitcoin ETF in North America just traded $330 million on its second day. That's 3x more than any other ETF in Canada. — link

Tesla are now up almost $1 billion on their Bitcoin investment, outperforming their entire 2020 earnings of $721 million — link

MicroStrategy now has $4 billion of #bitcoins

This picture was taken in 2017 when Bitcoin was $7,000.

This is not yet another cycle, this is the End of Cycles

The one where after BTC flippens gold it doesn't flip back

The one where web3 supercedes web2

Where culture is collected and accrued digitally instead of physically

Where life is lived mindfully rather than mindlessly — Su Zhu

ETH at $2k...yet we still have so much to look forward to!

- Layer2 mega releases
- EIP1559 this summer
- DeFi season 2
- NFTs going mainstream
- Issuance below 1%
- Internet Bond narrative
- ETH on Fortune500 balance sheets

— link

Today, Bitcoin reached a $1 TRILLION market cap, and Ethereum broke $2,000 for the first time. Historic day.

New Bitcoin all time high: $57,000

It's the weekend..

NYSE closed.
Nasdaq closed.
Toronto SE closed.
London SE closed.
Deutsche Borse closed.
Hong Kong SE closed.
...
Bitcoin trading $2.5B every hour. — link

Google search trends shows #NFT just flipped #DeFi

Price observation.

Ethereum signicantly lagging Bitcoin.

BTC price now 3x the '18 peak.

If Eth were 3x the '18 peak it would be at 4200 vs 2000 today.

Michael Saylor effect very powerful.

Perhaps underperformance warranted...

Or maybe CME contract to drive Eth bull. — link

Bitcoin's price has now caught up to the Stock-to-flow ratio again.

When comparing the first 10 months of this bull market to that of early 2017, it is clear that this current cycle is in hyperdrive. — link

Bitcoin poll on CNN this morning. — link

Dubai’s private equity investment firm IBC Group has pledged 100,000 Bitcoin worth $4.8 billion to support crypto adoption in the city of Miami — link

"I COULDN'T AFFORD A KILOGRAM OF GOLD SO I BOUGHT A KILOGRAM OF COPPER INSTEAD."

- NOBODY