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

🇫🇷 Global payment provider Ingenico now accepts Bitcoin $BTC in France.

@bitcoins

🇮🇸 Did you know Iceland is the biggest Bitcoin $BTC hash rate producer per capita in the world?

@bitcoins

Pro-Bitcoin US Congressman introduces bill that would prohibit the Fed from issuing a CBDC.

https://twitter.com/bitcoinmagazine/status/1628410552958550016

@bitcoins

Mayor of Lugano, Switzerland says in March they will unveil a spring school program for Bitcoin education.

https://twitter.com/bitcoinmagazine/status/1628486871419420672

@bitcoins

👀 The oldest screenshot of Bitcoin.org (03.01.2009)

@bitcoins

President Biden says the US has made progress on inflation.

Agreed?

@bitcoins

Treasury Secretary says US has no plans to ban crypto but will implement "strong regulatory framework."

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#BTC — Update

Bitcoin is holding 23.6% fib support and turned to retest this area in form of a bull flag, which is still consolidation going on...

if 22900$ holds, then Bitcoin is likely to go for a breakout above 25200$ toward 27k — 28k the least.

BTC CME_FUTURES opens tonight and that may influence the price in a positive way hopefully!

https://www.tradingview.com/x/EknRHald/

@Bitcoins

Mining difficulty up 9.95% with more machines coming online amid recent rally.

This means that more mining hardware has been activated on the network, perhaps in response to recent price increases.

Here’s Luxor COO Ethan Vera: "Network hashrate continues to march upwards, as more efficient machines come to market, electricity rates fall, infrastructure gets built out and mining economics improve with Bitcoin price and ordinal transaction fees.”

Mining difficulty refers to the complexity of the computational process used in mining, and it adjusts about every two weeks.

@bitcoins

🇮🇩 Indonesia to launch state-backed $BTC and crypto exchange by mid-2023.

@bitcoins

A reporter traveled to El Salvador and tried to pay for their hotel in bitcoin but was denied twice. Watch what happens at the end.

@bitcoins

UBS analysts aren’t convinced that pending bankruptcy repayments to former Mt. Gox users will send the bitcoin market spiraling.

Some market observers have speculated that such an outcome is possible if significant amounts of bitcoin are sold once those customers receive payments from the once-mighty, now-collapsed Japanese bitcoin exchange.

Flashback: Mt. Gox fell apart in 2014, resulting in hundreds of millions of dollars in losses and a raft of regulatory responses worldwide.

But UBS strategist Ivan Kachkovski isn’t convinced. Rather, he’s betting that those users – early adopters of crypto as they are – will be more likely to hang onto their coins once they get them.

Kachkovski also wondered whether this belief is reflected in current market sentiment.

Here’s Kachkovski: "It's certainly difficult to estimate the extent to which the market has been pricing massive sales coming from Mt.Gox. However, we think such news could have been an additional factor for — what we believe could be mainly retail-led — BTC's surprising resilience of late.”

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Crypto Has More Appetite To Sue SEC Than Ever Before: Kraken Exec

Coinbase and Kraken are confident tokens listed on their platforms are not securities, regulator leaders from the exchanges said.

Do you think they should go ahead and sue?

https://blockworks.co/news/crypto-has-appetite-to-sue-sec

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