Happy Monday, Blockfolians
The Lede
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Previously unpublished emails between Satoshi and Hal Finney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
Community Commentary
Lots of this sense of how retail apes in going around/
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
$4B
That’s the amount of crypto Chinese authorities have seized in the PlusToken scam
Final Thought
It’s just so good.