In Defense Of Bitcoin Culture | ZeroHedge

Via BitcoinMagazine.com,

A response to the recent piece "Reflections on Bitcoin Culture" by Margot Paez, by Joakim Book.

Bitcoin changes our lives.

It’s an almost spiritual observation that we’ve all seen within ourselves. After acquiring some, learning how it works, and to various degrees delving into what this decentralized, uncensorable, proof-of-work money is, we’ve seen our lives change. It echoes history. Some people see god in it.

Bitcoiners have (more…)

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Ethereum ETFs Are Coming, But ETH Derivatives Markets Are Flat | ZeroHedge

Authored by Marcel Pechman via CoinTelegraph.com,

Ether price rallied 12.5% between July 12 and July 15, but strong resistance at $3,500 halted the bullish momentum.

The subsequent correction down to $3,400 on July 18 occurred despite the United States Securities and Exchange Commission (SEC) approving two additional spot Ethereum exchange-traded funds (ETFs).

Despite this positive development, Ether’s derivatives market has shown little excitement. (more…)

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Bitcoin Bottom Signal: German Government Runs Out Of BTC To Sell | ZeroHedge

Bitcoin’s price may have seen its drawdown bottom as the German government has now run out of Bitcoin to sell, and technical indicators point to the potential beginning of a reaccumulation phase according to CoinTelegraph.

The German government’s wallet is down to just 0 Bitcoin, only three weeks after it started selling. As a result, the additional $222 million worth of selling pressure has pulled BTC’s price below $60,000 over the past week, but signs of a potential bottom are (more…)

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