Bitcoin bounces, it’s coiled and ready! Assange FREE! Big Lightning adoption!

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price has recovered a bit from yesterday’s low of $58.3k. It’s now hanging around $61-62k.

#bitcoin leverage and weak hands are washed out. Hedge Funds are closing their shorts. Morgan Stanley is ready to list ETFs for their customers. Ready for take off🚀. POST: https://primal.net/e/note16e265tnu2ufgfc3egfuse3gwxnkaazcq5wd5vkxgn04au4aeaxuq5ggawm

The Monthly Range has been preserved (blue). In fact, Bitcoin is forming a Higher Low relative to May lows, both in downside wick and candle-body low. POST: https://x.com/rektcapital/status/1805652562860732756

“The

#Bitcoin mayer multiple a cool 1.07 🥶. POST: https://x.com/ChartsBtc/status/1805662435782836637

“#Bitcoin

JULIAN ASSANGE IS FREE ❤️.

“JULIAN

The quick history of the Assange saga prior to his recent release… Tucker Carlson Visits Julian Assange. VIDEO: https://www.youtube.com/watch?v=f3MmelMe9eI&rco=1

Rep. Matt Gaetz @RepMattGaetz: BREAKING: Today, I introduced groundbreaking legislation to modernize our tax system by requiring @USTreasury to implement a program to allow federal income tax to be paid with Bitcoin. By enabling taxpayers to use #Bitcoin for federal tax payments, we can promote innovation, increase efficiency, and offer more flexibility to American citizens. This is a bold step toward a future where digital currencies play a vital role in our financial system, ensuring that the U.S. remains at the forefront of technological advancement. POST: https://x.com/RepMattGaetz/status/1805629231650456055

“Rep.

AI:

LLM hardware evolving from GPUs to ASICs. Meet Sohu, the fastest AI chip of all time. … With over 500,000 tokens per second running Llama 70B, Sohu lets you build products that are impossible on GPUs. One 8xSohu server replaces 160 H100s. Sohu is the first specialized chip (ASIC) for transformer models. By specializing, we get way more performance: Sohu can’t run CNNs, LSTMs, SSMs, or any other AI models. Today, every major AI product (ChatGPT, Claude, Gemini, Sora) is powered by transformers. Within a few years, every large AI model will run on custom chips. Here’s why specialized chips are inevitable. POST: https://x.com/BitcoinPierre/status/1805648536421257335

“LLM

Proud of my son. He decided over a year ago he wanted to buy a kayak. He sold worms last summer on the side of the road, and cookies this summer at the farmer's market until this past weekend he was able to pay $150 cash for a kids' kayak. He earns bonus points because he's now (temporarily) on zero fiat, but owns a decent amount of bitcoin (for an 8 year old). POST: https://primal.net/e/note1pj5l77cunsr75shww6rskw4es0j0288c30yysq6aqs8z4zw7ff8qsh3ywn