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4 Dec 2023

Anticipation of an eventual US spot Bitcoin ETF continues to push BTC price higher

A Bloomberg's analysts assign a 90% probability of being approved by the SEC in January...

28 Nov 2023

97% Of All Bitcoin Will Be Mined In April of 2024 For the 4th Halving...

As a reminder: The single most important event for Bitcoin is the halving. Satoshi Nakamoto coded Bitcoin to half the reward payouts to miner's every 210,000 blocks. This event occurs approximately every four years and is a form of artificial inflation control, similar to a central bank printing less money. The halving ensures that the total supply of Bitcoin caps at 21 million, making it a deflationary asset. In simpler terms, as more time goes on, less and less Bitcoin are created. Every other fiat currency in existence is inflationary in nature. As more time goes on, more are created, thus making the currency you hold less valuable. This is what separates Bitcoin from everything else and why many believe that is is a digital store of value. As a function of economics and as Bitcoin's adoption rate grows, this means that demand will most likely outpace supply by a wide margin. The chart below shows past halving events and their market impact. Source: Jacob Canfield

22 Nov 2023

Bitcoin has surpassed Ethereum in transaction fees for the first time since mid-2020. It looks like Ordinals are playing a role

Source: Steno Research

20 Nov 2023

bitcoin returns since 2010

Source: Charlie Bilello

16 Nov 2023

NEW: Cathie Wood says $600,000 Bitcoin is the base case but could go higher because of scarcity, institutional adoption and a spot bitcoin ETF

Source: Bitcoin archive

13 Nov 2023

For the first time in years, crypto markets are beginning to see tons of new liquidity

Since November 2022, crypto markets have added $600 billion in value. That's a +75% jump in one year while Bitcoin is up +120% over the last year. This comes after years of consistent outflows from crypto markets. Source: The Kobeissi Letter

3 Nov 2023

SEC Chairman is reviewing up to 12 spot Bitcoin ETFs for approval

Here's the full report: https://lnkd.in/eMfBXxsY Source: Bloomberg Intelligence, Bitcoin Archive

1 Nov 2023

Another Uptober for Bitcoin. Largest cryptocurrency gained 28% in Oct, most since Jan2023

Source: Bloomberg, HolgerZ

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