Hitashi curates the most important Bitcoin related news each week delivering it to your inbox so you can stay up-to-date without scouring the interwebs.
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Weekly News Highlights
Bitcoin Turns 12!- The most powerful network on the planet turns 12!
THE Bitcoin Investment Strategy- The best strategy for investing in Bitcoin, broken down.
Microstrategy Looking to Add to $521M Investment- As shares rise, Microstrategy looks to add more Bitcoin.
Holders of >1000 Bitcoin Increase- The most likely explanation is that institutional investors are increasing their holdings.
Biggest Bitcoin Transaction Ever - It cost $3.48 and took just an hour to confirm the movement of 88,857 Bitcoin valued at $1.1B. (Any guesses on how much the traditional banking system would have charged?)
Best Bitcoin Tweets
Podcast of the Week
The Winklevoss twins sit down with Peter McCormack to explain why they think Bitcoin's price will go to at least $500k in the years ahead. The Winklevoss twins, both Olympic athletes, came to fame through a lawsuit that settled outside of court claiming they invented Facebook. They put $11M of the winnings from that case into Bitcoin in 2013 when it was priced at $120 per Bitcoin. TL;DR: When the Winklevoss twins make predictions about technology trends, it's best to pay attention.
Trend to Watch
The number of companies, both private and public, gobbling up Bitcoin to replace dollars continues to accelerate. Why is that important? Because it is having an incredible impact on the price for two reasons:
Reducing supply leads to price increases when demand stays flat. And we know the demand for Bitcoin is growing.
Companies are increasingly afraid of missing out. The more companies adopt Bitcoin, the more legitimate it becomes, and the more interest grows.
Track this trend’s progress here.
Thought of the Week
Bitcoin was born 12 years ago when Satoshi Nakamoto, the anonymous creator of Bitcoin released its white paper. What an incredible ride, and we believe the best is yet to come! Tell us where you think the next 12 years are going to take Bitcoin. We'll feature the best ideas in our next newsletter.
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HODL on Bitcoiners,
— Hitashi Team
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