#Bitcoin smashes through the $55,000 resistance and heads back up to $58,000

The IOMAP indicator reveals that the last level of resistance is located between $58,879 and $59,241, where 220k addresses previously bought 73.95k $BTC

After that, clear skies towards new highs — link

Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds — link

We wanted a visual that illustrated cryptocurrency roots – which cryptocurrencies gave rise to other cryptocurrencies through forks. Here’s what we came up with, a crypto family tree if you will —link

The Chairman of the Federal Reserve just finished his speech.

He basically told everybody to buy #Bitcoin

😂 True story 🤷‍♂️

— link

Bitcoin - defining an orderly bull trend

Compared to the 2015-2017 bull cycle in $BTC - eight corrections exceeding 30% (two exceeding 40%)

With the exception of the Mar 2020 smash, the Dec 2018 to present bull trend has been extraordinarily orderly - so far

Thoughts?

— Peter Brandt

If you had bought Coinbase stock in 2012, the greatest performing start-up in the #Bitcoin ecosystem, you would have still underperformed the return of just hodling #Bitcoin itself. — link

• Study hard.
• Ask questions.
• Read everyday.
• Never stop learning.
• Spend time with nature.
• Make mistakes and learn.
• Teach others what you know.
• Do what interests you the most.
• Don't pay attention to what others think of you.

• It's Okay to not know things!

— Richard Feynman

Progress of #Bitcoin surpassing the value of Apple, currently the largest company in the world: — link

🟠🟠🟠🟠🟠⚪️⚪️⚪️⚪️⚪️ 53%
$1.08T $2.01T

Hal Finney wrote this over 17 years before receiving the first-ever #Bitcoin in history.

"The computer can be used as a tool to liberate and protect people, rather than to control them." — link

Cardano $ADA futures open interest has reached $1 billion, up 5X since the start of the year — link

#bitcoin yearly candles — link

SEC pushes back against Ripple execs in ongoing fight over personal financial information subpoenas — link

BREAKING: Morgan Stanley is in negotiations to buy a stake in South Korean leading crypto exchange Bithumb, according to local media reports — link

Canadian #Bitcoin ETF AUM has hit 14k BTC or $815m.

Imagine what U.S. Bitcoin ETF will be capable of. — link

Bitcoin's supply has been shifting wildly between the semi-elite and elite this month. The latest development reveals that the 100-1,000 $BTC addresses own the highest % of supply in 2 years, while 1,000-10,000 $BTC addresses are at a 5-month low %. — link

SkyBridge has filed with the SEC to launch a #Bitcoin ETF. — link

Someone bought coffee for #Bitcoin in 2011. That "premium" coffee would now be worth $7.6 million.

URPD: "7.3% of bitcoins last moved at prices above $1T"

This is pretty solid price validation; $1T is already strongly supported by investors. I'd say there's a fair chance we'll never see Bitcoin below $1T again. — Willy Woo

Ethereum's ratio of token supply on exchanges (20.1%) is now sitting at a 28-month low. We generally look for relative drops in exchange supply compared to previous months as an indication of safety from major isolated selloffs for crypto assets. — link

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Looking forward to Saylor's dip buying announcement tomorrow.