LNN

In the last year 467,633 more coins have been moved off exchanges than transferred in by miners.

Bitcoin Supply Shortage is real.

Central Bank of Argentina wants to know who has bought Bitcoin and how much. A lot of boat accidents gonna happen in Buenos Aires this year.

Bitcoin is eating Gold.

Morgan Stanley in Bitcoin

• Filed for ETF
• Selling #Bitcoin to wealthy clients
• BTC exposure in multiple funds
• Investing in a BTC exchange

March was a big month for MS!

The dominoes are falling in favour of Bitcoin and against gold. - Bloomberg

Paris Hilton bought #Bitcoin years ago. She isn’t a sell signal Source:

@stacyherbert and @maxkeiser

100% solar-powered Bitcoin mining rigs in the desert will be launched by Intelligent Mining.

Gold’s status as an inflation hedge is exaggerated - BlackRock

Gold’s status as an inflation hedge is exaggerated - BlackRock

When orange line goes parabolic, the price will follow

 

This Bitcoin cycle is a permanent market shift entrenching #Bitcoin as a fully-fledged investment asset class.

- The Independent, London

1. You’re too late - NEVER TRUE.  

2. You don’t have enough - ALWAYS TRUE

On Tuesday, the sports memorabilia auction house Goldin Auctions announced that it would accept cryptocurrency, making it one of the first brick-and-mortar auction houses to follow the runaway success of auction house Christie’s, which accepted Ether for a onetime, $69 million sale earlier this month.

Goldin, which is known for high-value items, including a Lebron James rookie card that sold for $1.8 million last year, decided to accept Bitcoin and Ether based on “demand from consumers,” says Ross Hoffman, Goldin’s chief executive officer.

“Look, we think a big macro theme that we’re seeing is folks that are hedging,” he continues. “One, against inflation, and two, there’s interest in alternative investing.” Crypto currency and sports collectibles, Hoffman concludes, have “a pretty large overlap.”

https://www.aljazeera.com/economy/2021/3/30/bitcoin-for-babe-ruth-sports-auction-house-will-accept-crypto

According to data from CB Insights, in the first quarter of this year, 129 startups focusing on blockchain digital technology around the world raised a total of approximately US$2.6 billion, surpassing the entire year of 2020. In 2020, startups in this field had raised $2.3 billion in 341 venture capital investments.

　　 This growth was driven by several rounds of large-scale financing of startups, including crypto lender BlockFi, game developer Dapper Labs, and crypto wallet provider Blockchain

A 1000 Bitcoin bounty is issued on someone for something in the latest episode of Falcon and Winter Soldier. 

The filing names twelve funds, including Counterpoint Global, which Bloomberg News reported was considering some kind of bitcoin investment or exposure strategy. 

As Thursday's filing notes:

"Certain Funds may have exposure to bitcoin indirectly through cash settled futures or indirectly through investments in Grayscale Bitcoin Trust (BTC) ("GBTC"), a privately offered investment vehicle that invests in bitcoin. To the extent a Fund invests in bitcoin futures or GBTC, it will do so through a wholly-owned subsidiary, which is organized as an exempted company under the laws of the Cayman Islands (each, a "Subsidiary"). A Fund may at times have no exposure to bitcoin."

The filing also indicates the degree to which each fund may gain exposure, suggesting as much as 25 percent of their respective assets could be put towards bitcoin products.

“Each of the Advantage Portfolio, Asia Opportunity Portfolio, Counterpoint Global Portfolio, Developing Opportunity Portfolio, Global Advantage Portfolio, Global Permanence Portfolio, Global Opportunity Portfolio, Growth Portfolio, Inception Portfolio, International Advantage Portfolio, International Opportunity Portfolio and Permanence Portfolio may, consistent with its principal investment strategies, invest up to 25% of its total assets in a wholly-owned subsidiary of the Fund organized as a company under the laws of the Cayman Islands," the filing states. "Each Subsidiary may invest in GBTC, cash-settled bitcoin futures and other investments."

https://www.sec.gov/Archives/edgar/data/836487/000110465921044979/a21-8652_27497.htm

I think they also don't have a bitcoin capital gains tax either.