Rumor has it that DCG has been offered $2B for its assets and brand (Including Grayscale’s GBTC). Barry apparently turned it down.
thingtank
Thingtank@nostrplebs.com
npub1nmum...tpd5
Running Damus. Paul Ehrlich denier. Bitcion. 🥩 > stake
Powerful entities are pushing for a change in the max amount of eth tokens held in a validator. Regular eth users won’t have a choice in the matter since they don’t have much economic power (they’re outsourcing their node management anyway). What will they want to force through next? 
The Blackrock filing is likely to be approved since it is not actually an ETF, but a Trust.
The SEC has already approved bitcoin trusts, what is another one? This may expedite approval. The only thing the SEC really has to consider is the blocks of creation and redemptions, which differs from the other trusts available.
So it looks like the Blackrock filing is a trust and not an ETF. It differs from Grayscale by allowing share creations and redemptions in blocks of 40,000. It’s not technically an ETF, but the premium/discount should be much less than Grayscale. The Grayscale discount may increase if the Blackrock trust is approved and Grayscale’s case against the SEC fails.
According to Bitcoin Treasuries, Blackrock holds 6.15 Bitcoin.
Today, 6.15.23, Blackrock files for a Bitcoin ETF.
Was this a clue or a coincidence? 
The Hinman speech and emails said Eth did not need to be regulated as a security “AS IT IS CURRENTLY OFFERED”. That was back when it was PoW. Well, too bad it’s now PoS.
I love how Apple today talked about the problem of myopia that’s exacerbated by holding a screen too close. Moments later, they announced a product whose screen is a millimeter away from the eyes.
I suspect Kennedy would be the only US presidential candidate who would free Ross and pardon Assange. Vivek might too, but he’s not as likely to do it.
Another looming bank failure and another pop in bitcoin. My favorite correlation. Thanks JPow.
Biden wants to impose a 30% tax on the energy used in bitcoin mining.
Wow, this Damus update is smooth. Loading so much faster now.
Imminent bank failure. Bitcion up.
I would not be surprised if more failures are coming.
Each time a bank fails, the bitcoin price moves. Each time the bitcoin price moves around a bank failure, the USG sells its bitcoin. Each time.
The WEF can’t bring themselves to say the B word, even though everyone here knows Crusoe is using bitcoin miners to reduce methane.
https://www.weforum.org/videos/this-start-up-catches-waste-methane-to-power-data-centres
What is the best way to make your email address a lightning address?
USG sold 9,400 BTC on March 14. Is it a coincidence that it occurred with heightened fear of bank-run contagion?
Was it an attempt to suppress the price? Sounds conspiratorial, but a Senator is assembling an anti-crypto army. Chokepoint 2.0 looks real, too.
We must pause the AI until we figure out what the hell is going on.
-Elon Musk