Tether market cap reaches $8 billion

$USDT supply increased over 95% year-to-date

Year Progress:
▓▓▓▓▓░░░░░░░░░░ 35%

California assembly considers exempting some digital assets from state securities law — link

Since the last Bitcoin halving:

- Hash rate up 78x
- Exchange volume up 77x
- Miner revenue up 15x
- Market cap up 15x
- Price up 15x

Impressive 4 year run.

So, people pretty much don't care about buying bitcoin on halving event but they very much like to buy it at the top.

Graph shows search term "buy bitcoin" on Google.

More than 4Mil BTC did not move in last 5 years.

#Bitcoin fundamentals are stronger than ever.

As the halving approaches, let's zoom out and look at how on-chain fundamentals have developed historically, and how they compare to the last halving.

TL;DR – Network fundamentals are compelling; long-term bullish $BTC

THREAD Down pointing backhand index 👇

https://twitter.com/n3ocortex/status/1259584098932318208?s=20

Chart with #bitcoin S2FX model prices. Note S2FX is not a time series model like S2F, but a cross asset model. I just converted the 4 S2F-MarketValue clusters into BTC prices in the corresponding period. K— read

JPMorgan expanding blockchain project with 220 banks to include payments — link

Crypto hedge funds' assets under management doubled in 2019 to over $2 billion, new report indicates — link

A Swiss bank is planning to offer asset tokenization services later this year — link

Vitalik Buterin says much-delayed Ethereum 2.0 still on track for July launch — link

As of block 630,000, 87.5% of all BTC has been mined. Only 2,625,000 BTC left to mine!

Binance invests in regulated Indonesian crypto exchange — link

IBM is upgrading its enterprise blockchain solution to provide clients with a new decentralized governance option — link

BREAKING NEWS: JPMorgan Provides Banking Services to Crypto Exchanges Coinbase and Gemini.

Their CEO once said - "Bitcoin is fraud"

Reminds me of this - "First they ignore you, Then they laugh at you, Then they fight you, Then they join you, Then you win"

Most transactions on XRP, EOS and Tezos don't transfer any value; 18 accounts made 50% of all XRP transactions — link