Author: Nikolaus Hoffman
Comply with Nikolaus On X Right here At this time, Fox Enterprise’s Eleanor Terrett revealed that the Pennsylvania Home of Representatives is introducing laws that will successfully enable the state to carry Bitcoin on its stability sheet as a strategic reserve asset.🚨SCOOP: At this time the Pennsylvania Home of Representatives launched laws that will allow the state to carry Bitcoin on its stability sheet as a reserve asset in a broader motion to acknowledge $BTC as a retailer of worth. Full write-up on @FoxBusiness coming shortly.— Eleanor Terrett (@EleanorTerrett) November 14, 2024 The overton window has lastly shifted this previous…
Observe Nikolaus On X Right here It’s been simply over seven days since Trump was re-elected as president of the US, and bitcoin is up over $18,800 (25.3%) on the time of writing. And it’s at the moment steamrolling its manner in the direction of $100,000.I can’t lie, that is all taking place manner sooner than even I anticipated.$100,000 has, for the final 4 years, been the magic quantity Bitcoiners have been laser-focused hitting. It felt like there was consensus amongst Bitcoiners through the 2021 bull run that we have been assured to hit this goal. However alas, the 2021…
Observe Nikolaus On X Right here Simply as I referred to as it just a few weeks in the past, the election was too huge to rig. I mentioned the result of the election would dictate after we see a brand new Bitcoin all-time excessive. My argument was that if Trump received, we’d see Bitcoin rise to a six determine worth and if Kamala received, BTC would have dumped onerous.However fortunately, pro-Bitcoin Donald Trump swept the election, profitable all swing states and the favored vote. His anti-Bitcoin opponent misplaced in dramatic style, and now it is off to the races…
Observe Nikolaus On X Right here Earlier right now, Vivek mentioned why he thinks crypto native Polymarket, the world’s largest prediction market, is biased in direction of Trump on this upcoming U.S. presidential election. Whereas it’s believable given the arguments he laid out, I nonetheless imagine that it will not be as biased as he might imagine.In the beginning, prediction market merchants are betting on these odds to earn a living, not swear loyalty to their most well-liked politician. Merchants wish to make a revenue and try to lock of their bets at enticing odds on who they suppose will…
Comply with Nikolaus On X Right here Ever since BlackRock filed for its spot Bitcoin ETF final yr, Bloomberg ETF analysts Eric Balchunas and James Seyffart have been offering priceless insights and information relating to the whole lot Bitcoin ETFs. In the event you’re not already following both of them on X, I extremely advocate you do.At the moment, Balchunas shared a brand new thoughts blowing statistic about BlackRock’s spot Bitcoin ETF IBIT particularly. Over the past 4 years, there have been over 1,800 ETFs launched in the USA. Out of all of these, IBIT has taken in essentially the…
Observe Nikolaus On X Right here On the tail finish of yesterday, MacroScope, a monetary analyst specializing in Bitcoin, revealed a brand new SEC submitting stating that Microsoft is voting this December on whether or not it ought to spend money on bitcoin.At first I assumed there isn’t a method this occurs proper now, and figured it would simply be a brief lived hype, particularly after noticing a element within the submitting stating that Microsoft’s board recommends its shareholders to vote AGAINST the proposal of “Evaluation of Funding in Bitcoin”.However then Macroscope got here with one other replace that exposed…
Comply with Nikolaus On X Right here I joined over thousands and thousands of dwell viewers on-line in watching the Donald Trump rally at Madison Sq. Backyard final evening, and as somebody who attended the Republican Nationwide Conference over the summer time, I used to be blown away by how large this occasion was. There have been over 20k folks contained in the venue and tens of hundreds extra outdoors it. Every week earlier than the election, it looks like your entire nation is behind him.For the final couple of months, I had been fairly pessimistic about Trump profitable the…
Observe Nikolaus On X Right here A few summers in the past, I used to order lunch by way of Grubhub whereas working lengthy days within the workplace. When ordering, I all the time made positive I used to be logged into Lolli, a bitcoin rewards platform with a browser extension, in order that I earned sats again on my purchases. I ultimately stopped consuming out a lot and started cooking meals at house, and over time, I largely forgot about how I used to stack sats on on a regular basis purchases with Lolli. Nonetheless, I lately checked my…
Comply with Nikolaus On X Right here That is your captain talking: Because of regulatory uncertainties concerning who will win the U.S. presidential election on Tuesday, Bitcoin’s value has fallen again to $70,000 underneath additional discover — please HODL.Okay now previous the cringe, Bitcoin’s value almost hit an all time excessive of above $73,770 earlier this week, falling simply $200 quick round $73,500. As I famous final week, markets had been pricing in a Trump victory, which might see his constructive insurance policies round Bitcoin and different monetary markets be put into place. Sadly although, simply 4 days out from…