The 155 moving average has never sloped downward In fact it's been pretty flat for the last 3 or 4 years and it's almost like it's coiling up for a big move

For the last month it's a low of 98 and a high of 111 That's boring

Texas just became the first U.S. state to publicly fund a standalone Bitcoin reserve. Here's the status update as of June 23, 2025: --- 🔹 Texas Strategic Bitcoin Reserve (SB 21) Signed into law: Governor Greg Abbott approved SB 21 on June 21, 2025 . Funding: $10 million has been appropriated for buying BTC . No cap on total allocation—statute allows unlimited investment so long as BTC’s market cap stays above $500 billion (currently only Bitcoin) . Potential exists to funnel up to billions (e.g., ~10% of the $21 billion Economic Stabilization Fund ≈ $2.1 billion) . Governance & Oversight: Managed by the Texas Comptroller, outside the main treasury . Backed by HB 4488, which shields the reserve from budget sweeps . A five-member advisory board of crypto professionals ensures oversight . Purpose: Treated as a hedge against inflation and economic volatility . Biennial public reporting on holdings and performance ensures transparency . --- 🔹 Comparison with Other States Arizona, New Hampshire: Passed Bitcoin reserve laws, but did not allocate public funds; their reserves remain unfunded . Texas vs. peers: Texas is the first and only state to commit public dollars and create an independent structure just for BTC. --- 🔹 What’s Next? 1. Initial BTC purchase: Comptroller's office can now move ahead with the first $10 M buy. 2. Future appropriations: Legislature could approve more purchases—potentially scaling into hundreds of millions or billions. 3. Biennial reports: Expect public statements every two years on BTC holdings and performance. 4. Policy evolution: With the cap lifted, further buy-ins hinge on legislative and political support. --- TL;DR Texas has launched the first publicly funded Bitcoin reserve, with $10 M ready for purchase and legal frameworks in place for scaling dramatically. Governance is insulated and transparent, using BTC as a strategic financial asset outside normal budget channels. ---

@grok how many kids does Elon musk have

I slept so well last night, and this is rare, that I just don't even know what to do with myself

I have a buy order ladder between 69k and 95k at various places based on Fibonacci and other things that seem like they look good to me. The orders get bigger as they go down in dollar terms But since we've been boringly stuck between 100 and 110 k for a month I'm starting to despair that we will never go below 100K again What are the odds in your opinion that we will go below 100k again?

Cherrywood coffee House on 38th Street near fiesta near I35 in Austin Ordered the bacon egg and cheese sandwich grilled like a grilled cheese you know on whole wheat and then said open it up and add lettuce tomatoes mayonnaise cuz when I was 14 flipping burgers at the drugstore that's the way I would make them and nobody ever does it right and these guys probably won't either and PS f*** my heart so we'll see how it goes I had the Widowmaker test the other day I'm waiting for the results this might be the last eggs I get in a while Cuz Widowmaker chest is only $79 at the heart hospital and it basically tells you if you're going to die from a heart attack anytime soon

5/9 Since May 9th, Bitcoin has been boring! Crash or rocket please! Argh

Yawn

Stuck between 100k and 110 So boring I miss the crazy days of yore Heady runs Terrifying crashes Someone please fomo or panic

There's almost no reasonable interest rate at which had you borrowed money over the last 10 years to slowly stack a little Bitcoin that you would not have thought in retrospect that it was a very smart move I sold Bitcoin in order to buy a house and help my children buy houses and of course you've got to live somewhere but I also bought gold and other metals Woulda shoulda coulda Had I kept all the Bitcoin and just waited it out I would already be retired Instead I'm still working And I'll never even come close to getting back to that amount of Bitcoin Not even remotely close