Bitguide
365 subscribers
327 photos
73 videos
5 files
239 links
The official Bitguide telegram channel. Visit www.Bitguide.io for bitcoin educational resources.
Download Telegram
Two reports from BoA
1- investorsโ€™ exodus from tech with 3B a week.
2- Exports from Asia (China, Korea, Taiwan, Japan) are negative yoy indicating a sharp slowdown in the world economy.

#2 should accelerate #1
๐Ÿ‘2
$BITO had its largest weekly inflow of the year last week

It is a futures ETF though and this data shows speculative interest.
๐Ÿ‘2
โ€œWhy wonโ€™t the labor market break if we are headed towards recession?โ€

Because labor is always delayed. In the run up to every recession we have had a rise in employment. Then the floor drops.
๐Ÿ‘1
MicroStrategy has purchased an additional 12,333 #Bitcoin ($347 million)

Their cost basis is $29K
๐Ÿ‘2โค1๐Ÿ‘Ž1
Menu from Murrayโ€™s. New York in 1905. Prices are in cents.

Cent prices in 1905 = Dollar prices today
๐Ÿ‘Œ1
๐Ÿ˜2๐Ÿ‘1๐Ÿ‘Ž1
๐Ÿ‘2๐Ÿ‘Ž1
Forwarded from Deleted Account
again
๐Ÿพ2
A comprehensive thread on the SECโ€™s thinking on spot Bitcoin ETFs

https://twitter.com/sgjohnsson/status/1674910704468410373?s=46&t=6I9aEqV-RwcladB-FBo9kg
๐Ÿ‘1๐Ÿ‘Œ1
๐Ÿ”ฅ1๐Ÿ˜1
ISM Mfg 46.0, Exp. 47.2, Last 46.9

Everything contracting:
- Production
- New orders
- Backlog, inventories,
- Prices , and even
- Employment (48.1, Last 51.4)

The slow-down has worked its way from new orders to prices to backlog and at last to employment
JUST IN: BlackRock has re-filed for spot bitcoin ETF, the resubmission was dated 6/29, Nasdaq just posted tho. They just added Coinbase like everyone else.
โค3
We joined Nostr ๐Ÿ’œ
Public key in the next message!
npub1as5v2y7z8lhtad3jx04u2cj4u4j82565h0twh2avkzsyntrzhz0qankkzd
This media is not supported in your browser
VIEW IN TELEGRAM
Larry Fink, @BlackRock CEO, explaining Bitcoin as the alternative neutral global reserve asset

"Instead of investing in gold as a hedge against inflation, a hedge against onerous problems of any one country or the devaluation of your currencyโ€ฆ whatever country you are in โ€ฆ Letโ€™s be clear. Bitcoin is an international asset, its not based on any one currency. So it can represent an asset that one can play as an alternative."

We've come a long way since the "index of money laundering"
โค1๐Ÿ‘1๐Ÿ˜1