PayPal held $604M of customers' crypto as of year-end 2022, according to its annual report to the U.S. SEC.

$BTC: $291million
$ETH: $250 million
$LTC & $BCH: $63 million

At the end of September 2022, the company held $690 million in crypto.

@Bitcoins

"It took $BTC 6 months to get 1,000 users; 5 years to find 1 million users.

Today, 14 years from inception, it has 300 million+ users, 4% of the world.

At current growth rates, 1 billion users will be hit in the next 3 years. That's 12% of the world."

©️ Willy Woo, Bitcoin analyst

@Bitcoins

While Bitcoin’s correlation with risk assets has weakened in 2023 stabilizing around .5, its correlation with safe-haven gold has risen to its consistently highest levels in over a year.

@Bitcoins

Unrealized profits exceed losses hinting at renewed hope in the system.

@Bitcoins

Bitcoin vending machine in Germany 🇩🇪

@Bitcoins

Bitcoin Halvings Roadmap 👆🏼

Despite the fact that the last Bitcoin will be mined in 117 years, $BTC circulating supply will exceed 93.7% during the nearest 2024 halving.

@Bitcoins

Did we just hit a new 2023 ATH?

@bitcoins

Nigerians revolt at the Central Bank after it declared old currency notes no longer legal tender.

Bitcoin is the solution?

@bitcoins

CleanSpark, a bitcoin mining company, continues to gobble up hardware.

The company bought 20,000 latest-generation machines from Bitmain, the world’s top mining hardware maker.

It’s been a busy bear market for CleanSpark, as Catarina notes. Its hardware fleet now stands above 46,000 units.

CleanSpark said last week during its earnings call that it plans to keep buying new machines and sites as it looks to reach its end-year guidance of 16 EH/s, which it cut from 22.4 EH/s in December.

@bitcoins

Paraguay, one of the smallest countries in Latin America, is quickly becoming one of the largest Bitcoin mining hubs.

Detailed article on the same: https://hashrateindex.com/blog/bitcoin-mining-around-the-world-paraguay/

@bitcoins

In the halving cycles, Bitcoin is moving from disillusionment to enlightenment.

Historically, this phase is already pretty good, but without ATH so far.

@Coach

This is how El Salvador's Chivo Bitcoin ATM looks like.

Fee: 0.6% for purchase, 0.2% for sale.

@bitcoins

During the first 7 weeks of 2023, the bitcoin network processed transfers totaling $850 billion. The last week has hit a record ($130 billion).

@bitcoins

SEC charges Mormon Church for hiding its $32 billion secret investment portfolio.

@bitcoins