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The increasing adoption of cryptocurrency and blockchain technology "not only lends support for the ongoing rise of Bitcoin’s value but demonstrates an interesting inflection point for financial affairs.” — link
It looks like Grayscale is converting into a #Bitcoin ETF.

They have posted 9 jobs on LinkedIn related to ETFs. — link
For the record, the price of #Bitcoin was $6,300 before the first stimulus bill was passed last year.

The $1,200 stimulus check, given to American's last April, would now be worth $10,200 if used to buy #bitcoin
Bitcoin is coming for you, Google. — link

#Bitcoin Google
🟧🟧🟧🟧🟧🟧🟧⬜️⬜️⬜️ $1.4T
$1.06T 74%
BREAKING: Beeple's 5,000-day collection has sold for $69 million, making it one of the highest ever art auction sales in history. Beeple is now among the top three most valuable living artists. — link
Biden has signed the $1.9 trillion Covid relief bill, clearing way for stimulus checks, vaccine aid
Tesla has now made $1 billion from buying #bitcoin
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*CRYPTO EXCHANGE BINANCE INVESTIGATED BY U.S. OVER WHO’S TRADING — *Walter Bloomberg
Also quite interesting to see Binance having the most number of $BTC deposits over the past 1-7 days. This definitely have been building up. — link
It’s not a bull market without some FUD.

Ignore FUD, keep BUIDLing. — CZ Binance
1/10

Little alpha leak thesis for your Friday morning!

Facts:
-Markets are down in reaction to Binance news of CFTC investigation.

-CFTC investigations are unlikely to result in an exchange getting closed and would no impact BNB as an asset. — show this thread
Binance under CFTC investigation over trading activities: report — link
MicroStrategy has purchased an additional ~262 bitcoins for ~$15.0 million in cash at an average price of ~$57,146 per bitcoin. As of 3/12/2021, we hodl ~91,326 bitcoins acquired for ~$2.211 billion at an average price of ~$24,214 per bitcoin. — link
This has taken ~2 years and countless iterations, but we finally have a working model for impermanent loss protection

- Pay-as-you-go, no upfront payments
- Choose any asset in a pair to protect
- Exercise at any time to cover losses

Need to build a UI still, but I'm ecstatic — Andre Cronje
#Bitcoin, #Ethereum, #Chainlink, and #BinanceCoin continue to see long-term rises in whale transaction counts, which we deem any single transactions valued at over $100,000. Large addresses amongst #crypto's elite assets continue to make volatile waves. — link
NFT sales have now topped $420 million and the market is expected to exceed $1.3 billion this year. Here's how to get involved in this growing space. — link
An update on Polkadot 👉 — link
If you think bitcoin is just thin air, wait until you hear where government got the $1,900,000,000,000 from. — link
Observe the corpses lying on the roadside
These are people who not only lack the balls
But also conviction
Few remains at the end — TΞtranodΞ