Bitcoin melting up, using otherwise-lost energy, Wall Street shorters, BTC Prague

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin is in the $69k range again for the 4th straight day, though earlier today its price peaked its head over $70k for a bit.

#Bitcoin made the second HIGHEST weekly close ever! 🔥. POST: https://x.com/BTC_Archive/status/1800092247557656982

#Bitcoin made the second HIGHEST weekly close ever! 🔥.

WALL STREET “SHORTING” GAMES:

There are $12 billion worth of #bitcoin shorts up to $74,000. Wall Street firms are short big time. This is not necessarily a bearish play by Wall Street, by the way. It's likely part of the fiat games played to hedge risk and gain a premium spread. It involves selling #btc futures (paper btc) while simultaneously buying spot #btc to capture the spread. I did things like this for many years as a trader. But let me make a prediction, which you can bookmark and save for the future. #Bitcoin is going to bankrupt one or more of these venerable, bigger than life, Wall street firms that have come to play their normal fiat games on #bitcoin. #Bitcoin is a different beast, one that does not play by the rules of the system because it's totally outside of the system. No one who has ever played these games with #btc in the past is alive today. Make my words and #stackharder. POST: https://x.com/olvelez007/status/1799872480816824452

ADOPTION:

ANOTHA ONE. POST: https://primal.net/e/note1suh8r5x88kyfy4acqze2mrxh5rdfmq8w2hzsfqdhfuxvvalaym9syu3eye

ANOTHA ONE

EMISSIONS FROM MINING BITCOIN:

We've arguably never had a chart that tells such an important story about Bitcoin mining and ESG. This new chart, the result of 12 months research from the Digital Assets Research Institute @dari_org says: “Over 4 years, Bitcoin price and hashrate quadrupled, but emissions didn't grow", effectively ending the speculation that Bitcoin emissions will rise unsustainably in the future as the network expands.

We've arguably never had a chart that tells such an important story about Bitcoin mining and ESG. This new chart is the result of 12 months research from the Digital Assets Research Institute.

USING LOST ENERGY:

BREAKING: 🇵🇾 Paraguay to sell excess hydro-energy to #Bitcoin miners as part of it's new Economic Development strategy. Paraguay's Itaipu hydro-power station is one of the world's biggest, yet only 20% of the generated power is used. POST: https://x.com/BTC_Archive/status/1800139324014694875

FIAT/GOVERNMENT NONSENSE:

New law grants US president power to block digital asset access. ARTICLE: https://cointelegraph.com/news/new-us-law-block-digital-assets

BREAKING: 🇫🇷 Macron dissolves parliament after the disastrous defeat in EU elections, and calls new elections. POST: https://x.com/RadarHits/status/1799904501786157156

Debt based slaves. What is slavery? POST: https://primal.net/e/note1ta2vqmqzcd5e3d3ddx5kdha554d23smryvjjj0cvw77y6jfaln0qa9wh6l

Debt based slaves. What is slavery?

Government is good at one thing. POST: https://primal.net/e/note12xtt8yxcg50egahcsjg6sdr0zamsyxlyaqtf3g0ucvk5th29uv8qeht600

Government is good at one thing.

I’m submitting my taxes this year like this. POST: https://primal.net/e/note1uc4h7lf4hv5hv46gccyn20qw4p2lam3zxrafzwqv97pgggxjsz7sq2fn68

I’m submitting my taxes this year like this.

CONFERENCE THIS WEEK:

#BTCPrague week is here and we have great news for you. The side events to the conference are now on Nostr! 💜 The platform making it possible is one of the BTC Prague partners @JoinSatlantis. You can now find the side events on the dedicated city page for Prague and RSVP on Nostr! Cheers! 🍻.