❗️ IMF warned G-20 that widespread Bitcoin and crypto use could cause banks to "lose deposits".

One of those rare occasions when we wholeheartedly agree with IMF 😁

@bitcoins

💱 Binance to convert the remaining of the 1 billion industry recovery funds from BUSD to Bitcoin, Ether and BNB.

https://www.theblock.co/post/219165/binance-converting-1-billion-in-busd-to-bitcoin-ether-and-bnb?utm_source=telegram2&utm_medium=social

@bitcoins

👍🏼 if agree

@bitcoins

Bitcoin market depth on top CEXs hit its lowest level since May 2022.

@bitcoins

Banks are failing, and a record high 67.7% of all BTC has not moved on over 1 year.

The stage is set for a parabolic bull run unlike any other.

Hyperbitcoinization is here.

@bitcoins

Fiat currency is a promise from your government.

Account balance is a promise from your bank.

Bitcoin is a guarantee, verified by you.

@bitcoins

Global clothing brand GUESS now accepts Bitcoin payments in Lugano, Switzerland 🇨🇭

@Bitcoins

The number of transactions in the Bitcoin mempool has surpassed three-year highs.

Bitcoin in front of Silicon Valley Bank 🏦

@bitcoins

BTC correlation with European stocks is at its lowest level in over two years. BTC/Nasdaq correlation reaches second lowest level in over a year. Crypto starting to diverge from stocks.

@bitcoins

Bitcoin’s record 67.7% of coins have not moved for more than 1 year.

These people must gladly sell you their $BTC somewhere around $500,000-$1,000,000 one day 😏

@bitcoins

When Bitcoin price was $0.90 😳

@Bitcoins

As the news of the Silicon Valley Bank failure hit, investors sought refuge in BTC and ETH. Approximately 0.144% of all BTC and 0.325% all ETH in circulation was withdrawn from exchange reserves, a similar self-custody response pattern to the FTX collapse.

@Bitcoins

A new @TheEconomist front page for March 18th - 24th.

#Bitcoin is THE bank.

RT if you agree: https://twitter.com/CryptoCoinCoach/status/1636338698462674945

Comparison of the change in Bitcoin wallets over the course of the 2021-23 cycle shows that small entities, with < 50 BTC, have absorbed the largest volume of coins, sourced from Whales, Miners and Exchanges.

@Bitcoins

Bitcoin is something more than money...

@Bitcoins

Hodlers' Bags Continue to Grow - The amount of BTC owned by addresses holding for over one year just set a new all-time high

Bitcoin hodlers now own over two thirds of all circulating supply.

Following the BTFD mantra, this group of addresses typically increases their holdings in the bear market, as we saw in 2022.

If history rhymes, this group is unlikely to start selling their holdings until we reach close to the previous all-time high ($69,000).

This points to Bitcoin's scarcity as the majority of long-term holders have been historically unwilling to sell shortly after the bottom.

@bitcoins

New ฿ daily high so far: $27,084 🚀

@bitcoins

😁 Trending on Twitter rn in Business & Finance:

❌ Bitcoin
✅ Bitcion

@bitcoins