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BlackRock Opens Private Bitcoin Fund
Sats O'Clock
August 12, 2022
Wake Up! It's Sats O'Clock.
Good morning. It's August 12, 2022.
Bitcoin is hovering around $23.9K at the time of writing.
No kidding!
BlackRock CEO says, "The hits on BlackRock's website were: 3,000 hits on COVID, 3,000 hits on monetary policy, and 600,000 hits on #bitcoin
This tells us #bitcoin has caught the attention and imagination of people"
— Documenting Bitcoin 📄 (@DocumentingBTC)
2:46 PM • Aug 11, 2022
Big moves for Bitcoin.
$10 trillion BlackRock now offers direct #bitcoin exposure to clients.
Clients include central banks and sovereign wealth funds 👀
— Bitcoin Magazine (@BitcoinMagazine)
5:07 PM • Aug 11, 2022
Always good to look at the bigger picture.
Zoom out #bitcoin
— ChartsBTC (@ChartsBtc)
7:00 PM • Aug 11, 2022
If you missed it...
Two years ago...
Two years ago, @MicroStrategy embarked on a #Bitcoin strategy, adopting BTC as its primary treasury reserve asset, acquiring 21,454 bitcoins at an aggregate purchase price of $250 million or ~$11,653 per bitcoin.
— Michael Saylor⚡️ (@saylor)
12:10 PM • Aug 11, 2022
Insane metric.
FUN FACT: The #Bitcoin network settled over $62 TRILLION worth of BTC in the last 12 months.
— Bitcoin Magazine (@BitcoinMagazine)
7:14 PM • Aug 11, 2022
More lending pools are being created in crypto.
Crypto firm Maven 11 is launching a $40 million lending pool on Maple Finance after industry lenders went risk-off in recent months
— Blockworks (@Blockworks_)
5:06 PM • Aug 11, 2022
ETH holders have a big move coming up.
OFFICIAL: The Ethereum Merge has been scheduled for ≈ September 15th/16th
— Blockworks (@Blockworks_)
3:49 PM • Aug 11, 2022
BTC miners be aware.
If you are Bitcoin mining there is a virtual guarantee you will get audited by this new IRS hit squad
CPA is telling me to be prepared to disclose all Wallet addresses, pool aliases, etc.
Hearing rumors about plans to subpoena ASIC dealers and US based mining pools
— Max Gagliardi (@max_gagliardi)
1:51 AM • Aug 11, 2022
Interesting take.
Reminder that the IRS still processes paper returns by hand and hasn't figured out how to implement 30 year old optical character recognition technology.
Anyone who dislikes the IRS can legally participate in DDoSing them by filing paper returns.
— Jameson Lopp (@lopp)
5:34 PM • Aug 10, 2022
Some good points by Dylan.
Basically.
A de-globalizating world.
— Dylan LeClair 🟠 (@DylanLeClair_)
5:54 PM • Aug 11, 2022
TWEET OF THE DAY
Bitcoin. Not crypto.
Bitcoin.
Not blockchain.
Not crypto.
Bitcoin.
— Cory Klippsten (@coryklippsten)
9:43 PM • Aug 2, 2022
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