Last month, a lot of speculative capital flowed out of $ETH into other layer 1s amid frustrations around high gas.

With EIP-3298 being discussed + Optimism launch, EIP-1559 vote, and catalysts having played out for overextended coins like $ADA, feels like the reverse is in play. — link

JPMorgan survey shows 78% of institutional investors aren't likely to invest in crypto — link

Ledger Live has integrated Polkadot!

This integration means users can get the security benefits of keeping their secret key secured on a Ledger device while also being able to manage their accounts and perform staking activity all in one convenient app. — link

Bitcoin now has roughly the same amount of users as the Internet had in 1997. — link

Data suggests that this bull market is still in its early stages — link

“PayPal's crypto unit is experimenting with smart contracts, and testing Ethereum and other blockchains as potential candidates to help the company improve payments and other transactions.” — link

CNN now lists #Bitcoin under their "World Currencies" section. — link

Money printer goes brrrr
Prices go up
Your income does not
You need to work more

#FIAT steals your time
#Bitcoin gives you time
— Dennis Parker

1) I think there's a lot of arbitrariness here: 👉 — read this thread

2% of the world population own #Bitcoin. IMO 5%+ by the end of this year. — Willy Woo

The IRS just clarified that buying #bitcoin with fiat and HODLING doesn't require 1040 tax reporting. — link

7 signs #NFTs are on the verge of going mainstream 👉 — show this thread

The first commercial bank ever established in Colombia back in 1870, is now allowing clients to buy and sell cryptocurrencies.

Banco de Bogotá will launch their pilot test this month. — link

It seems most US institutions haven't sold any Bitcoin since their OTC deals.

For example, here are custody wallets from Coinbase outflows on Dec 23, 2020. No $BTC moved since then.

Remember, institutions like Tesla are with us. — link

12k $BTC flowed out from Coinbase again.

Institutions are still accumulating $BTC in this range. — link

Goldman Sachs crypto survey shows 22% of respondents expect $100,000 bitcoin — link

IMO ETH is the most under-owned liquid asset in crypto right now. Relative to BTC. Relative to Ethereum competitors. Relative to DeFi even. Everyone hates it because of the fees. But Ethereum *will* scale. And the upcoming upgrades will get the narrative going. — Qiao Wang

JPMorgan tells private wealth clients that bitcoin can be a portfolio diversifier 'if sized correctly' — link

Goldman Sachs has posted the results of a small survey on #Bitcoin:

- 40% have exposure to crypto
- 32% of respondents were asset managers
- 20% expect bitcoin to reach $100,000 within 12 months — link

MicroStrategy SEC filing a few minutes ago:

"On March 5, 2021, MicroStrategy announced that it had purchased approximately 205 bitcoins for $10.0 million in cash, at an average price of approximately $48,888 per bitcoin, inclusive of fees and expenses." — link

MicroStrategy has purchased an additional ~205 bitcoins for ~$10.0 million in cash at an average price of ~$48,888 per bitcoin. As of 3/5/2021, we hodl ~91,064 bitcoins acquired for ~$2.196 billion at an average price of ~$24,119 per bitcoin — Michael Saylor