Ethereum now holds four times more Bitcoin than Lightning Network

https://www.trustnodes.com/2020/05/24/ethereum-now-holds-four-times-more-bitcoin-than-the-lightning-network

​​Grayscale's Bitcoin Trust is on a whole new level in 2020.

Average weekly investment (Q1 2019): $3.2 million
Average weekly investment (Q1 2020): $29.9 million

Institutional money has arrived.

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​​The number of tweets about bitcoin are starting to pick up again. And it's crazy how, for all intents and purposes, no one is tweeting about Ethereum. $BTC

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​​60% of all bitcoin has not moved on the blockchain for at least 1 year. This is an indication of significant hodl'ing.

The last time this happened was in early 2016, at the start of the bull run.

#bitcoin

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Goldman Sachs: In 2019, $2.8 billion in Bitcoin was sent to currency exchanges from criminal entities.

Fun Fact: Goldman Sachs facilitated $6 billion in money laundering via 1MDB scandal between 2012-13.

Double standard much?

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Vodafone has partnered w/ #blockchain startup Energy Web to connect “billions'' of distributed energy generating assets via IoT & DLT. Energy Web announced the partnership on May 26, revealing that the project will combine SIM-centric DLT w/ IoT connectivity provided by Vodafone.

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“Open Source Money,” a docu series on a crypto firm financed w/ #cryptocurrency will air on cable in the U.S.

According to an announcement on May 29, Discovery Science will air the docu series about Disney-incubated #blockchain company Dragonchain on July 4.

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​​60% of the #Bitcoin supply hasn't moved in over a year, showing increased investor hodling behaviour.

Last time we saw these levels was right before the $BTC bull market of 2017.

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BREAKING: E-commerce giant, Amazon, files patent for a #blockchain system for supply chain tracking of goods.

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​​CME #bitcoin options had a new record volume day yesterday with July calls trading in good size

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BTC overhead stepping stones:

1. $10K - Resistance & psychological barrier

2. $10.5K - 1st higher high, changes market structure.

3. $11.6K - Last 3 cycles, a monthly close above 50% Fib retracement = 🚀

4. $14K - A close above monthly ATH close always = 🚀

​​Another massive week for Grayscale.

Grayscale added 9,503 BTC to their #Bitcoin  Trust since last week (28,413 BTC since the halving).

Bitcoin miners only produced 6,863 #BTC  since last week (19,200 $BTC

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​​VeChain $VET with the leaked Tyson Foods partnership 🔥🔥🔥

Peep the VeChain QR codes on the Tyson Foods products, a huge partnership and real world use case for the blockchain space 🚀

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Bitcoin will be the next world reserve currency.

​​#Bitcoin blocks are currently being produced at a rate of almost 8 blocks per hour.

This is the highest level we've seen since July 2019, and likely an effect of the recent difficulty adjustment.

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Brave browser has been earning affiliate $$$ by redirecting search queries to crypto co’s via affiliate links. A firestorm erupted today after twitter user Yannick Eckl aka “CRYPTONATOR1337,” noticed when Brave’s users searched for #Binance the browser redirected to an affiliate.

​​Negativity and desperation from author who unlikely has owned a business or been an investor.

March was worst point of crisis. Everything going forward will be better.

Stay focused on creativity and innovation. #Bitcoin opens the mind to a new future.

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​​The Nov 2018 #bitcoin drop was likely not caused by BSV fork, but by FED tapering (trying to end QE). This was not a BTC only event, but impacted general markets, similar to Corona. IMO very bullish given current QE++🚀

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