7 Mar: Bitcoin is Digital Scarcity; NOT a Commodity

By theinspired | Inspiration | 7 Mar 2022


"Self-belief and hard work will always earn you success."
-Virat Kohli

Bitcoin: $38,670.44 | Dom: 42.3%

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THE HODL MODEL: BITCOIN ILLIQUID SUPPLY IS OUTPACING ISSUANCE

BREAKING

  • Biden Crypto Executive Order Coming 'This Week': Report
  • Crypto, Bitcoin Land Unexpected Support in Washington

JUST IN

  • FCA reiterates power to 'suspend or cancel' crypto firms' registrations following Bifinity concerns
  • Energy giant Chevron files for NFT and metaverse-related trademarks
  • Why Stablecoin Interest Rates Are So Damn High
  • European Parliament Proposes Expanding 'Travel Rule' to Every Single Crypto Transaction
  • Crypto Miner Hive to Buy Intel Mining Chip That Can Raise Hashrate by 95%
  • YFI, FTM Tank After Andre Cronje, Anton Nell Claim They're Leaving Crypto
  • Binance Sets Up Its Own Fiat-to-Crypto Payments Provider
  • Grayscale Bitcoin Trust Discount Draws More Institutional Investment
  • Stablecoins will have to reflect and evolve to live up to their name
  • Five Ways to Minimize Your Crypto Tax Hit
  • How Three Crypto Millionaires Are Currently Spending Their Time and Money
  • Philippines central bank to launch CBDC research effort

MARKET WATCH

  • Crypto-Fund Inflows Tripled Last Week to Highest in Almost Three Months
  • Bitcoin Creeps Toward $40K as Surging Oil Prices Create Bear Market Worry
  • 3 reasons why Bitcoin can rally back to $60K despite erasing last week's gains
  • Crypto Market Forecast: Week of March 7th 2022
  • TA: Bitcoin Resumes Decline, Why BTC Could Revisit $35K
  • TA: Ethereum Revisits $2.5K, Why Recovery Could Be Capped
  • Top 5 cryptocurrencies to watch this week: BTC, XRP, NEAR, XMR, WAVES
  • Whales' stablecoin buying power grew over 7% in one month: Here's what it means
  • Whale Holdings in Cardano's ADA Token Hit Record High

WAR IN UKRAINE

  • Bitcoin Is Showing The Power Of Decentralized Money
  • Binance Donates $2.5 Million in Crypto To Help Ukranian Children
  • Almost $70 Million In Crypto Donated To Ukraine So Far As War Rages On
  • Coinbase blocks over 25,000 Russian wallets linked to illegal activities

ANALYST'S CORNER

  • Kaleo: Top Crypto Strategist Predicts Another Leg Down for Bitcoin – Here’s His Downside Target for BTC
  • Credible: Here’s What’s Coming for Bitcoin Now That BTC Is Below $40,000
  • Raoul Pal: Crypto One of the Right Trades This Month As Macroeconomic Setup Looks Similar to March 2020 and Majority of His Portfolio Is in Ethereum Instead of Bitcoin
  • The Crypto Dog: Crypto Analyst Predicts Ethereum Competitor Terra (LUNA) Rallies to New All-Time Highs As Ecosystem Explodes
  • PwC: Blockchain Tech Could Add $1.76 Trillion to Global GDP by 2030

NOTABLE VOICES

  • Chamath Palihapitiya: Billionaire Says Conventional Wisdom on Bitcoin and Crypto Is Wrong Amid Russia’s Invasion of Ukraine
  • Michael Saylor: MicroStrategy CEO Explains Why Bitcoin Is a ‘Scarcity’ and Not a Commodity
  • Jerome Powell: Fed Chair Says Cryptocurrency Needs Regulation To Prevent Terrorist Financing
  • Nomad Capitalist: 0.5 Bitcoin Now Gets You a Beach House in Albania
  • Christian Borel: Clear regulations will accelerate crypto adoption, says SEBA Bank exec

FOLLOW DAT MONEY

  • Griffin Gaming Partners Raises $750M Fund with Eye on Web 3
  • Espresso Systems Raises $32M to Bring Scaling and Privacy to Web 3
  • NFT Platform Immutable Raises $200M at a $2.5B Valuation
  • Space Runners raises $10 million to build a blockchain-backed fashion metaverse

LESSON

  • What is Solana, and how does it work?
  •  

ON GOING

  • Ripple expects to end its case with the SEC by November 2022
  • Crypto Couple’s Victory Against The IRS Comes At The Cost Of Regulatory Clarity

MINING

  • Hive to Buy Intel Mining Chip That Can Raise Hashrate by 95%
  • Core Scientific Plans to Increase Hashrate to Up to 42 EH/s by Year-End
  • BitNile Aims to Become a Top 10 North American Miner With 300MW Deal
  • Crypto Mining Is Thriving in the South of Lebanon
  • Data: Bitcoin Miners Are Quietly Accumulating While The Market Bleeds

PODCAST

 

 

 

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theinspired
theinspired

I've been aware of Bitcoin since 2011 and my desire is that you will be better informed about the digital asset industry by reading my daily post.


Inspiration
Inspiration

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