Happy Monday, Blockfolians
Hello new BTC all time high!
After last week’s early week rally got everyone excited, bitcoin did that thing it does where it flopped down a buncha thousands. It might have just been trying to save us all from ourselves at the Thanksgiving table.
Whatever the case, this morning bitcoin came absolutely roaring back, smashing back up not only past $19,000 again but even touching out all time highs (depending on which metric you use).
The conversation now is: what it all means?
Still, pretty good day to be part of this community, we have to say. Hope you’re celebrating!
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Highly Relevant Reading
$631B asset manager goes in on bitcoin
ECB’s Lagarde has harsh words for stablecoins
Previously unpublished emails between Satoshi and Hal Finney
Guggenheim fund plans up to $500m in GBTC spend
Lots of this sense of how retail apes in going around/
Wangarian @Wangarian1Actual max pain is if retail completely bypasses DeFi and just apes into 2017 shitcoins throughout 2021.
A look at market congestion and what can be done from the one and only Andreas
A Really Big Number We Should Be Paying Attention To
That’s the amount of crypto Chinese authorities have seized in the PlusToken scam
It’s just so good.