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News

Texas Governor Says Bitcoin is Good for Texas Grid

It has been known that Governor Greg Abbott of Texas is pro-bitcoin. At the Texas Blockchain Summit in Austin, Governor Abbot mentioned:

“Bitcoin is the cutting edge of innovation in the world.”

Although he said the word Blockchain within his statements, Gov. Abbott seems to understand the implications Bitcoin mining can have to create a more stable independent power grid. Something Texas is incredibly proud of, given they are the only genuinely deregulated market in the US.

BlockFi Files for Bankruptcy

BlockFi filed for Chapter 11, releasing information to its customers on Monday. This was in connection to FTX and the company’s practice of rehypothecation.

Bitcoin Core 24.0 Released

A new version of Bitcoin core is available. @Namcios breaks down the release of the new version and its features here.

Namcios @namcios

A new version of #Bitcoin Core is here! Released a few days ago, Bitcoin Core 24.0 brings improvements on usability, privacy and security. Here’s all you need to know… 🧵

10:56 PM ∙ Nov 28, 2022

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1,726Likes379Retweets

Fidelity Opens Retail Bitcoin and Crypto Accounts

Fidelity has finally opened trading accounts to the public. Although this seems to be another step towards mass adoption, users cannot yet withdraw actual bitcoin, making them paper claims and IOUs.

Price

After Monday’s news of BlockFi filing for Chapter 11, Bitcoin’s price plummeted and rebounded to $16,800 today. A continuation of the sideways bear market trend.

Looking at the weekly chart is fun, but sometimes it pays to zoom out. Arcane Research noted in their blog the percent drop from the top, compared to days in the current bear market. Price seems to be closing in on historic bottoms. (Context is the four-year cycle.)

Tweets

ECB Calls the Bottom?

Gigi ⚡🧡 @dergigi

Just another shitcoin blog that proclaims that #Bitcoin is dead.

12:02 PM ∙ Nov 30, 2022

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642Likes66Retweets

Evolution of Bitcoin

imo @imobbcs

The 40 year long evolution of #bitcoin Found on r/bitcoin

8:41 AM ∙ Nov 27, 2022

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372Likes113Retweets

US Financial Committee Demands

Bitcoin Archive 🗄🚀🌔 @BTC_Archive

NEW: 🇺🇸 US Senate Finance Committee is demanding crypto exchanges declare: - How they store/use customer funds, - Compliance practices such as accounting, anti-money laundering etc - How/if they prevent market manipulation

7:55 PM ∙ Nov 29, 2022

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1,240Likes223Retweets

Bitcoin Only

Bitcoin Magazine @BitcoinMagazine

#Bitcoin will set you free

5:57 PM ∙ Nov 27, 2022

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2,500Likes565Retweets

Block Reward Time Scale

Memeing ₿itcoin @MemeingBitcoin

We are early.

10:56 PM ∙ Nov 27, 2022

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4,159Likes1,137Retweets

Jobs

Looking for a job in the Bitcoin space? Visit Bitcoinjobs.com for openings.

What to read

Structural Adjustment: How the IMF and World Bank Repress Poor Countries and Funnel their Resources to Rich Ones

- Alex Gladstein

Bitcoin’s Last Stand

- ECB