Bitcoin
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This is the top Telegram channel for #Bitcoin news and information. Inject the orange coin directly into your mind! ๐ŸŠ
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๐Ÿ’ฅ BREAKING: Bittrex files for bankrupcy!

After being sued by the Securities and Exchange Commission, the crypto exchange files for bankrupcy in the U.S. State of Delaware.

The company said that this will only affect the U.S. operations, not Bittrex Global who will continue to serve its customers.
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๐ŸŸ  #Bitcoin's current landscape is a testament of the relevance and potential layer-2's have for the network.

"Liquid is a reliable bridge that connects traditional finance to the game-changing power of Bitcoin.

By expanding the functionality of Bitcoin, Liquid offers a wide range of benefits that are sure to bring even more innovation to the financial industry."

- Prince Filip of Serbia and Yugoslavia

Read more about this on Liquid's recent article: https://blog.liquid.net/prince-filip-of-serbia-building-on-liquid-and-reforming-traditional-finance/
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๐Ÿš€ NEW: According to a recent Goldman Sachs report, 32% of home offices hold #Bitcoin or crypto.

โ€œOpinions on cryptocurrencies seem to have crystallized: a greater proportion of family offices are now invested in cryptocurrencies."

- Goldman Sachs
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๐Ÿ‡จ๐Ÿ‡ฆ JUST IN: Canada's Bull Bitcoin exchange has officially gone no-KYC!

This is how it works:

1๏ธโƒฃ QR code in your Bull Bitcoin account
2๏ธโƒฃ Go to any Canada Post office
3๏ธโƒฃ Ask the cashier to scan the QR code
4๏ธโƒฃ Pay with cash or debit (max $999)
5๏ธโƒฃ Funds will be added to your account in 10 minutes
6๏ธโƒฃ Buy Bitcoin on-chain via Lightning
7๏ธโƒฃ Sent to your own wallet

โœ… Done!
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๐ŸŸ  BREAKING: #Bitcoin ordinals are coming to Binance!

"Ordinals have allowed for unique NFT-style collections to be inscribed on the #Bitcoin blockchain."

- Binance

๐Ÿ”— Source: https://twitter.com/binance/status/1655905549467172864
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JUST IN: PayPal currently holds almost $500 million in #Bitcoin for customers!

On its latest quarterly report the financial technology company disclosed its cryptocurrency holding to the SEC.

The report stated that PayPal currently holds:

- $499 million in BTC
- $362 million in ETH
- $82 million in 'other'
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๐Ÿ’ฅ JUST IN: The Human Rights Foundation (HRF) gifts 16.5 BTC to 12 projects worldwide!

HRF's latest round of grants focuses on improving Bitcoin scaling, privacy, decentralization, global education, and more!
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๐ŸŒ NEW: Goldman Sachs, Microsoft, Cboe, and others team up to develop a new blockchain network.

It seems that those resources could be better used in #Bitcoin, but as a smart individual once said:

โ€œIf you don't believe me or don't get it, I don't have time to try to convince you, sorry.โ€

- Satoshi Nakamoto
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๐Ÿ‡ฆ๐Ÿ‡ท Bitcoiner Presidential Candidate in Argentina, Javier Milei, surges in latest polls.

This year is set to be particularly exciting for Argentinians as the only pro-#Bitcoin Presidential Candidate rises in recent polls.

It seems that people are looking for a drastic change as their currency continues to lose value at a rapid pace.

Argentina is currently facing over 100% of the inflation rate, a 31-year record high.
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Just be patient.
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๐Ÿ‡ฆ๐Ÿ‡ช JUST IN: #Bitcoin miner Marathon partners with Zero Two, backed by Abu Dhabi's $853 BILLION sovereign wealth fund, to create the Middle East's first large scale immersion Bitcoin mining operation!

This partnership comes in as the U.S.' White House campaigs for a proposed tax against crypto miners in the country.

Acording to a Press Release this project will develop two mining sites with a combined capacity of 250 megawatts (MW)!
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๐Ÿ“ฒ People are reporting that Whatsapp is using the microphone of their devices. Avoid this with keet.io

Keet.io is a fully encrypted, private, peer-to-peer communication network.

Without middlemen, third parties, or servers, nobody can snoop on calls, leak, or collect data.

Learn more about it here.
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๐Ÿ‡ธ๐Ÿ‡ป NEW: El Salvador Credit Rating has been upgraded to CCC+ from CC!

J.P. Morgan has recently upgraded El Salvador's Credit Rating stating they are "Getting some credit."

In response to this, Nayib Bukele, El Salvador's President said that J.P. Morgan is just "catching up."

๐Ÿ”— Source: https://twitter.com/nayibbukele/status/1656023895571406850
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๐Ÿš€ NEW: Wallets holding >1 Bitcoin reached 1 Million!
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"Bitcoin isnโ€™t here to displace Mastercard or Visa, itโ€™s here to displace the institutionalized theft that is central bank issued fiat currency.

Eventually, it will displace both."

- Dylar Leclair

https://twitter.com/dylanleclair_/status/1656067541750390784
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๐Ÿ‡ฌ๐Ÿ‡ง JUST IN: Tax authorities from the United Kingdom will be granted access to #Bitcoin on exchanges.

"The Government is mulling proposals that would give the tax agency powers to access online wallets as part of plans to modernise how tax is collected in the digital age."

- The Telegraph

Not your keys, not your coins.
Get off of exchanges while you can.
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๐Ÿ’ฅ BREAKING: US CPI inflation came in at 4.9%!

This slow down makes the fifth consecutive CPI decrease and puts the CPI at its lowest rate since July 2020.
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๐Ÿ’ฅNEW: Tether's latest Q1 2023 assurance report shows reserves Surplus at an all-time high of $2.44B!

"- Net profit for this quarter of $1.48bn leading to a surplus over reserves of $2.44B๐Ÿคฏ

- This report adds new separate categories for our #Bitcoin and Gold ๐Ÿช™ holdings, representing 2% and 4% of our total reserves respectively.

- We have reduced secured loans from 8.7% to 6.5% of reserves. We shall continue to 0 as promised.

- Q1/2023 shows direct US T-bill holdings of over $53bn (another all time high for Tether) representing more than 64% of total reserves.

- A massive reduction in bank deposits, lowering our unsecured counterparty exposure.

- All new issuance of tokens in Q1/2023 was invested in US t-bills or placed in overnight reverse repo facilities (fully collateralised by US treasuries). Our reserves continue to be not only extremely high quality but also highly liquid.

Thanks for all your support โค๏ธ"

- Paolo Ardoino

๐Ÿ”— Source: https://twitter.com/paoloardoino/status/1656301275645108224
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Don't let anyone fool you. There is a thriving ecosystem built on #Bitcoin ๐Ÿš€
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