Bitcoin
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This is the top Telegram channel for #Bitcoin news and information. Inject the orange coin directly into your mind! 🍊
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ICYMI: 🟠 Bitcoin will reach $1M in 2029, per founder and CEO of the 🇺🇸 US cryptocurrency lobby group Digital Commerce Chamber Perianne Boring 🙌
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🔐 Security tips from The Bitcoin Way 🌐
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"I don’t 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. They’ll also miss the move to $400,000."

- Max Keiser
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🟠 Legend predicting a Bitcoin ETF approval when the price was only $20, 12 years ago 🤯

"This would allow access to billions in capital."

Ahead of his time is an understatement.
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ICYMI: 🟠 30k Bitcoin left Coinbase over the past few days 👀
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Is someone getting ready for an ETF approval? 🤔
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BREAKING 💥 VanEck has just entered the Bitcoin advertising race in anticipation of a Bitcoin Spot ETF approval❗️

“Born to Bitcoin.”

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NEW: A short film entitled “A Rigged Economy - Why Gen Z and Millennials are Struggling” investigates the disastrous societal effects of easy money 😮

By Bit Intelligence
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🟠 2012 tutorial on how to receive free Bitcoin 🤯
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Ah the good old days
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JUST IN: 🟠 VanEck amends the S-1 for their spot Bitcoin ETF on the same day they release a new Bitcoin commercial 👀
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NEW: A massive 💵 $1.19B worth of Bitcoin moved off of centralized exchanges on Wednesday, marking the largest single-day $BTC outflow since December 2022 🙌
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JUST IN: 🇺🇸 BlackRock officially names JP Morgan and Jane Street as authorized participants for it's spot Bitcoin ETF 👀
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NEW: 🟠 Bitcoin analyst seems to believe there could be a capitulation event in the horizon should Bitcoin ETFs not be approved before January 10th 👀

"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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🟠 This is how the Bitcoin chart should be looked at – zoomed out 📈
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JUST IN: 🟠 Bitwise to seed its spot Bitcoin ETF with $200M 🤯
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🟠 Satoshi-inspired rap by a random Bitcoiner 🎙
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NEW: 🇺🇸 Celsius' restructuring plans for Bitcoin mining have been approved by the US Bankruptcy Court for the Southern District of New York 🧐
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NEW: 🟠 Bitcoin analyst highlights that despite the horrendous day for Bitcoin Mining companies the overall 2023 has been very good for the industry 💪

"Bitcoin miners getting walloped.

Reminder: it’s the last trading day of the year, gains are being realized. An equal weight $BTC miner index is +387% in 2023.

Chill."

- Dylan LeClair
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