Bitcoin’s next 18 months, exchange hack, first Bitcoin endowment, study of Bitcoiners - Ep.126

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price is lingering between the $66-69k range. It still looks poised for higher prices.

Rekt Capital: #BTC. In the 2015-2017 cycle, Bitcoin peaked 518 days after the Halving. In the 2019-2021 cycle, Bitcoin peaked 546 days after the Halving. If history repeats and the next Bull Market peak occurs 518-546 days after the Halving… That would mean Bitcoin could peak in this cycle in mid-September or mid-October 2025. Currently, Bitcoin is accelerating in this cycle by approximately 180 days. So the longer Bitcoin consolidates after the Halving, the better it will be for resynchronising this current cycle with the traditional Halving cycle. POST: https://x.com/rektcapital/status/1796163988046143938

Bitcoin price history (log scale) — voteforbetter.money. POST: https://primal.net/e/note16q2sggtxn6qkmkz7vlx3vpgnxswgcta7vhzckptjvsj0gkjmzlvq7n0y0m

Tick tock, next block. #Bitcoin. POST: https://x.com/therationalroot/status/1796507263953404122

HACK/LEAK:

BREAKING‼️- DMM Bitcoin, a cryptocurrency exchange based in Japan, reported a loss of 48 billion yen ($305 million) worth of #Bitcoin due to a hack. According to a blog post on their website, 4,502.9 Bitcoin "leaked" from the exchange. POST: https://x.com/Swan/status/1796546365000167574

ADOPTION:

The Oklahoma Senate has passed HB1600! Another MASSIVE step for Oklahoma that puts our state in position to be the nation's leader in #bitcoin. Thank you to our Senate bill author Senator Bill Coleman for the incredible presentation on the floor! POST: https://x.com/oklahomabtc/status/1796297811882823710

Unchained and University of Austin Introduce Pioneering Bitcoin Endowment. ARTICLE: https://unchained.com/uatx

Here come the banks. POST: https://primal.net/e/note1z6mr5948gwps8cn4xajrmghfqq84pay2gk3fjt6z09rn0agkp3rqxsyf2p

FIAT/GOVERNMENT NONSENSE:

THE SUPREME COURT UNANIMOUSLY SUPPORTS the dual banking system in the US🔥. The Fed wants to kill it though -- the Fed doesn't respect state bank chartering authorities. Guess who's going to win.💪. POST: https://x.com/CaitlinLong_/status/1796201938813633004

If the government is allowed to break the law during emergencies, they’ll create emergencies to break the law. POST: https://primal.net/e/note1rwtu2echrdnc8rvntqfffpa0jug52080dzjwwls577sqes9n0lcsq8stjk

Lyn Alden: The amount of lost time and productivity due to dealing with income taxes nationwide is insanely high. The number of accountants, lawyers, and auditors that work full time on it, plus the percent of time that small business owners and individual taxpayers have to dedicate to it each year, costs an uncountable total number of lost hours per year. And just as bad, it requires a ubiquitous massive surveillance apparatus on all sorts of income to enforce itself. No taxes are enjoyable, but income taxes are really the most counter-productive and onerous ones. Taxes on properties, imports, and retail sales have so much of a lighter touch to track and collect than income taxes. POST: https://primal.net/e/note1wzlp88lg2qfkytsqwn4rhq22cw8zre460at964p4v2d4nkgd49fq5haups

PSYCHOLOGICAL STUDY OF BITCOINERS:

Just in: first peer reviewed study on who Bitcoiners are. Findings: Bitcoiners… 🧡tend to be intellectually curious and emotionally stable… 🌎value personal growth, relationships, community over material possessions… 📈Scored significantly higher in financial literacy than the general population. The study is by Stefano Di Domenico, PhD - a behavioral scientist from University of Toronto The study is by Stefano Di Domenico, PhD and is currently being finalized for publication.
POST: https://x.com/DSBatten/status/1795879594899251242
ARTICLE: https://osf.io/yntdu

STRIKE INSTANT BANK WITHDRAWALS:

Strike: Instant bank withdrawals are here! U.S. customers can now transfer their funds from Strike to their bank account instantly, 24/7, 365 days a year. No more friction between #bitcoin, your bank, and your bills. Turn your #bitcoin to cash instantly, anytime 🫡. POST: https://x.com/Strike/status/1794124612701200775

BULLISH:

✨ Legendary cryptographer Ralph Merkle on the power of #Bitcoin at $500, exactly 8 years ago. "It is a new form of life. It is unstoppable." 🔥. POST: https://primal.net/e/note1w0t6nnwrma32j4zk4x6kv2w25p4kwmkeucvfuedxhctuckpytr6s5jzxxq

TRUTH:

Everyone gets Bitcoin at the price they deserve. POST: https://primal.net/e/note1xpwyza7es8am73mf59zxnha909qlgrtf685fswxgxn5h0wzp8ausjk4qck

LOL:

What in the redneck world is this. POST: https://primal.net/e/note140czee7mxnqzsg2362f8uvpwgd2950ptnqev4nadd7hqkz9p63ps6gk5ky

Kangaroos are just deer who went to prison. POST: https://primal.net/e/note1s7n3hzt2uhxl240dkmwvytrlw5sfslf9c2j7yr4240phdm764zssmvnuyg

When you lied on your resume about your skills. POST: https://primal.net/e/note1ch454ymm4mhzxa65shm64gp40rtvznl03vq9kpfpw2lzvc37nemsaf6efp

Subscribe to Fractal Bitcoin for your daily Bitcoin news!

…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;)

Join our Locals community (free) — https://fractalbitcoin.locals.com/