JUST IN: FTX submits a proposal to reimburse customers for their Bitcoin at the rate of $16,871 per coin aprox 61% lower than the current priceโ๏ธ
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This is why it's better to hold your coins by yourself in cold storage instead of holding them in exchanges...
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CATHIE WOOD: ๐ We think we are first in line for a spot Bitcoin ETF approval thatโs why there is this January 10th deadline - we think a number of funds could be approved at the same time. The questions now from the SEC are very technical - inline with an approval ๐
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NEW: ๐ Director of Research at Blockstream thinks there's nothing that can be done against the existence of Bitcoin Ordinals ๐ค
"As near as I can tell there is no sensible way to prevent people from storing arbitrary data in witnesses without incentivizing even worse behaviour and/or breaking legitimate use cases."
- Andrew Poelstra
"As near as I can tell there is no sensible way to prevent people from storing arbitrary data in witnesses without incentivizing even worse behaviour and/or breaking legitimate use cases."
- Andrew Poelstra
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๐ Security tips from The Bitcoin Way ๐
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"I donโt look at price, I look at hash. Hash precedes price. Miners are the significant risk-takers, not the speculators. The mainstream financial media only looks at price, so they missed the entire Bitcoin move from $1 to $44,500. Theyโll also miss the move to $400,000."
- Max Keiser
- Max Keiser
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Is someone getting ready for an ETF approval? ๐ค
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BREAKING ๐ฅ VanEck has just entered the Bitcoin advertising race in anticipation of a Bitcoin Spot ETF approvalโ๏ธ
โBorn to Bitcoin.โ
๐คฏ๐คฏ๐คฏ
โBorn to Bitcoin.โ
๐คฏ๐คฏ๐คฏ
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Media is too big
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NEW: A short film entitled โA Rigged Economy - Why Gen Z and Millennials are Strugglingโ investigates the disastrous societal effects of easy money ๐ฎ
By Bit Intelligence
By Bit Intelligence
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๐ VanEck's new Bitcoin commercial, filmed at NYC's PubKey, amps up excitement for the upcoming SEC decision on their Spot Bitcoin ETF.
https://www.btctimes.com/news/vaneck-launches-bitcoin-advertisement-ahead-of-possible-spot-bitcoin-etf-approval
https://www.btctimes.com/news/vaneck-launches-bitcoin-advertisement-ahead-of-possible-spot-bitcoin-etf-approval
BTC Times
VanEck Launches Bitcoin Advertisement Ahead of Possible Spot Bitcoin ETF Approval
VanEck, an investment management firm, has released a new Bitcoin commercial, generating discussion within the Bitcoin community.
The launch coincides with the ongoing anticipation of the Securities and Exchange Commission's (SEC) decision regarding theโฆ
The launch coincides with the ongoing anticipation of the Securities and Exchange Commission's (SEC) decision regarding theโฆ
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๐ 2012 tutorial on how to receive free Bitcoin ๐คฏ
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NEW: ๐ Bitcoin analyst seems to believe there could be a capitulation event in the horizon should Bitcoin ETFs not be approved before January 10th ๐
"Slightly concerned about the declining hash rate and Bitcoin miner balance, which is dropping quite extensively.
The mining pools that are reducing the balance are MaraPool, F2Pool, and Poolin, by about 13k BTC in the past few weeks.
This doesn't mean they have sold; in fact, barely any Bitcoin has been sent to exchanges. So it's most likely wallet re-shuffling.
But we are seeing a notable drop off in hash rate, roughly 10% already in the past 5 days.
If we get an ETF denial or (bad news), and the hash rate continues to drop, with a serious amount of leverage below these price levels, a potential miner capitulation/cascade is on the cards.
Maybe, shorts will pile in, and then we get the meaningful correction/bottom."
- James Van Straten
"Slightly concerned about the declining hash rate and Bitcoin miner balance, which is dropping quite extensively.
The mining pools that are reducing the balance are MaraPool, F2Pool, and Poolin, by about 13k BTC in the past few weeks.
This doesn't mean they have sold; in fact, barely any Bitcoin has been sent to exchanges. So it's most likely wallet re-shuffling.
But we are seeing a notable drop off in hash rate, roughly 10% already in the past 5 days.
If we get an ETF denial or (bad news), and the hash rate continues to drop, with a serious amount of leverage below these price levels, a potential miner capitulation/cascade is on the cards.
Maybe, shorts will pile in, and then we get the meaningful correction/bottom."
- James Van Straten
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