On a 3 month rolling basis of the #Bitcoin hash rate (cancel out noise), this is the third most aggressive upwards adjustment in the past 5 years.
Only on two occasions has there been more substantial growth.
May 2021 – 70% (coming off the China mining ban).
After the 2019… pic.twitter.com/jocblsgAZ4— James V. Straten (@jimmyvs24) March 27, 2023
MicroStrategy repaid its $205M Silvergate loan at a 22% discount. As of 3/23/23, $MSTR acquired an additional ~6,455 bitcoins for ~$150M at an average of ~$23,238 per #bitcoin & held ~138,955 BTC acquired for ~$4.14B at an average of ~$29,817 per bitcoin. https://t.co/ALp9VLkTpt
— Michael Saylor⚡️ (@saylor) March 27, 2023
USDt is resilient to the test of time.#tether is on track to have another record quarter, bringing it’s additional equity (on top of reserves) to > 1.6B and counting.
Ask yourself: how many banks can say to be so overcollateralized?
Answer: none. Fractional reserve by a good… https://t.co/D7I2WwnD6D— Paolo Ardoino 🍐 (@paoloardoino) March 29, 2023
Tether (USDT) market cap increased approx. $9 Billion over the past 1 month.
USD Coin (USDC) market cap has decreased approx. $11 Billion over the past 1 month.
USDT reserves are now well over 2x that of USDC, $79 Billion vs $33 Billion, respectively. pic.twitter.com/u5Nw9C1tyP
— Gabor Gurbacs (@gaborgurbacs) March 29, 2023
1 million tech jobs are at risk of going overseas. As the U.S. goes down a path of regulatory uncertainty, the EU, UK, UAE, Hong Kong, Singapore, Australia, and Japan are all creating environments for crypto to flourish so that they can capitalize on the next wave of innovation. pic.twitter.com/2UMkFxajcM
— Coinbase (@coinbase) March 29, 2023
⚽️ BREAKING NEWS ⚽️
Kylian Mbappe’s Unique 1/1 Sorare card just sold at auction for $195,563.87.
This tops the all-time record for his most expensive physical card. ($161,130)
Which one would you rather have? pic.twitter.com/ltOTtYxafH
— The Collectibles Guru 🧠 (@ericwhiteback) March 30, 2023
Count me among the people who think this is a bad idea.
There are no “experts” to adjudicate this issue, and many disparate actors will never agree. Committees and bureaucracy won’t solve anything.
As with many technologies, there are dangers, but we should keep marching… https://t.co/iM0sKOVTaw
— Brian Armstrong (@brian_armstrong) March 31, 2023
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