Coinbase to the Senate this week:
"It is time to stop talking and start voting."
An $80 BILLION company is publicly telling lawmakers to GET ON WITH IT.
Green Candle Investments
npub1849n...0qen
State of #Bitcoin and Macro Insights podcasts | Green Candle investments newsletter | host of weekly spaces #SpacesHost
Microsoft shareholders voted AGAINST a Bitcoin treasury in 2024.
They still hold ZERO.
Bitcoin has roughly DOUBLED since that vote.
Cynthia Lummis's warning to the Senate: if we fail on September 15, we do not get another realistic shot at this before the end of the decade.
Six days.
Strive bought another 1,375 Bitcoin today.
That is six straight weeks of buying, every single week, without a pause.
Kevin Warsh says Bitcoin acts as a check on government spending.
That is the Chairman of the Federal Reserve admitting Bitcoin is watching what his own institution does.
The Treasury's expanded buyback program starts today, at least $4 billion per operation in the long end, running through early November.
This is the government becoming a scheduled buyer of its own debt. Call it liquidity management if you like.
The bid is the bid.
Lyn Alden says there is a good case the bottom is in, and that three years from now this will look like a great time to have bought.
She has never posted a price target with a rocket next to it in her life.
Cipher Mining reported a net loss of $267.5 million on revenue of $24.8 million last quarter.
The loss is about eleven times the revenue.
That ratio is what a build looks like from inside. The capital goes out years before the contract revenue shows up, and the quarter in
Matthew Sigel's VanEck digital assets fund returned 2% in August. Bitcoin returned 25.7% in the same month.
The fund is built mostly from the companies around Bitcoin rather than Bitcoin itself. That gap is the whole argument for owning the asset instead of the businesses
Texas has frozen new data center grid connections pending a state audit, against roughly 474 gigawatts of pending interconnection requests. Pennsylvania added local approval hurdles.
Every miner selling coins to build AI capacity assumed the power would be there. The scarce
JPMorgan's Bitcoin price target is still $266,000.
Their chief executive spent years calling it a fraud. The research desk disagrees with him in writing.
Kalshi now puts the odds of Bitcoin hitting $100,000 before $50,000 this year at 85%.
That is a regulated prediction market where people bet real money.
Fidelity bought over $130 million of Bitcoin.
They manage $5 trillion and they are one of the oldest names in American finance.
Scott Bessent said Bitcoin and digital assets could create $2 trillion of demand for US government debt.
"The United States should be the premier destination for digital assets."
That is the Treasury Secretary explaining why America needs this.
Senator Cynthia Lummis says she will urge the Treasury Secretary to buy one million Bitcoin for America.
The US already holds around 328,000 from forfeiture.
One million would be almost 5% of everything that will ever exist.
Someone drained $320 million from a Bitcoin sidechain on Sunday and returned $268 million of it on Monday.
Bitcoin's price moved about 1%.
The market worked out instantly that the base layer was never touched.
MSCI's consultation on whether companies whose main asset is Bitcoin belong in its equity indexes closes on the thirtieth.
If they are reclassified, index funds that never chose the exposure become forced sellers of it. The passive money that came in by rule can leave the same
August inflation prints Friday. The Fed decides on the sixteenth. The Senate's procedural vote on the market structure bill is the fifteenth.
Three of the biggest inputs to this market land inside nine days. Anyone telling you where price goes from here is guessing in front of a
Someone pulled 4,000 coins, about $320 million, out of Blockstream's Liquid sidechain on Sunday using a bug in the peg out path, then said they would return it once every node was patched.
Blockstream patched, signed a message on chain to prove it, and 3,400 came back. The
Bitwise's chief investment officer has Bitcoin at $1.3 million by 2035.
His maths is simple. Gold went from $2 trillion to $30 trillion after gold ETFs launched. Bitcoin taking a quarter of that market is all it takes.
Bitcoin ETFs are two and a half years old.
