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Week 20 - Microstrategy BTC, Hal Finney Twitter, Bretton Woods
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News
Hal Finney's Twitter Account: Wife Tweets to Support ALS
After Elon took over Twitter, several changes were made to the platform. Last week, Elon said he would delete old accounts that weren’t active to free them up for users.
Fran Finney, the wife of the late Hal Finney, has chosen to take over the account and tweet for the first time since his passing. One, to keep the account active, and two, to release news of events such as a charity run for ALS.
Hi everyone, this is Fran Finney, wife of Hal Finney, an early pioneer of Bitcoin. I want to let you know about a special event I'm organizing in honor of my husband. Thank you for all your interest in Hal and your support... he would love it! 1/5
— halfin (@halfin)
Dec 27, 2022
Microstrategy Purchase $41M (2,500) Bitcoin
Today, Michael Saylor announced an additional purchase of 2,500 Bitcoin. The new total number of Bitcoin in their balance sheet is now 132,500 at $30,397 per coin.
You can view the detais of Microstrategy’s Bitcoin here.
SEC Counsel Resigns After Taking SBF Bribe
More information regarding SBF and the FTX trial has been released.
The General Counsel of the SEC, previously part of the CFTC, Dan Berkovitz, has resigned, citing bribes from SBF.
Former Russian President Says Bretton Woods is Doomed
Dmitry Medvedev, the former Russian President, has made some predictions for 2023, saying the IMF and World Bank will crash. He also mentioned nine other predictions concerning oil, the EU, and Elon Musk.
10. The Bretton Woods system of monetary management will collapse, leading to the IMF and World Bank crash. Euro and Dollar will stop circulating as the global reserve currencies. Digital fiat currencies will be actively used instead
— Dmitry Medvedev (@MedvedevRussiaE)
Dec 26, 2022
Price
Through the Christmas break, Bitcoin broke down to $16,600, only $300 below the weekly high. More consistent sideways price action has followed, which has historically been a sign of a bottom in the past.
A simple 4-year halving cycle visual shows the previous historical lows. Currently, Bitcoin is rounding the 4th year, which has been near the bottom compared to previous cycles.
Tweets
Hours of Studying Bitcoin
The more you study #Bitcoin
— Dennis Parker (@Xentagz)
Dec 24, 2022
Home Heating with Bitcoin Miners
Hey @ODELL and @MartyBent is this what you were talking about on Rabbit Hole Recap? These #bitcoin miners provide 100% of the heat to my house and maintain 71°F when its -20°F outside!
— Travis Bitckle (@bitckle)
Dec 27, 2022
Bull Market Cycle
#BITCOIN BULL RUN STARTS.
Bull runs occur every 4 years :
2011, 2015, 2019, 2023.
— TAnalyst (@AurelienOhayon)
Dec 28, 2022
Jobs
We have recently launched Bitcoinjobs.com! Looking for a job in the Bitcoin space? Visit Bitcoinjobs.com for more job openings.
What to read
Bitcoin Optech Newsletter #231: 2022 Year-in-Review Special