The BTC spot ETF has been around for about 110 days, and we’ve noticed some interesting trends. For instance, trading volume tends to be lowest on the last working day of the week, indicating weak buying power. In contrast, the first working day sees better volume and stronger purchasing power.

Over the last 24 hours, despite a net outflow of funds, Monday’s figures are quite impressive compared to last Friday. Out of ten funds, six experienced outflows while four showed no change. Only GBTC and Fidelity saw significant outflows, with the latter losing less than 110 BTC. Five other ETFs actually had net inflows, although totaling just 306 BTC.

Interestingly, three major institutions including BlackRock didn’t add new listings, suggesting that buying power is really low. Even the launch of spot ETFs in Hong Kong and efforts by $MSTR haven’t boosted market morale much.

The market is currently sluggish, with low liquidity and a lack of compelling narratives, which seems inevitable. BTC’s price has surged past $61,000 again, but without widespread panic or a mass exit by investors, the market isn’t in a full downturn. Therefore, despite the low liquidity, I wouldn’t recommend short-selling at this time.

If the price drops below $60,000 and investors start to panic and exit, it could be tough for the market to bounce back.

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Coinbase, the largest crypto exchange in the U.S. by trading volume, has officially launched support for the Lightning Network, enhancing the speed and reducing costs for Bitcoin transactions. This strategic move, implemented in partnership with Lightning Network infrastructure firm Lightspark, enables users to send, receive, or pay with Bitcoin more efficiently directly from their accounts. Previously, Bitcoin transactions on Coinbase were processed on the main blockchain, which could be slow and expensive during peak times.

The integration marks a significant development in making Bitcoin transactions more practical for everyday use. Lightning Network, a Layer 2 protocol developed in 2017, facilitates near-instant transactions at a fraction of the cost by enabling off-chain transactions before settling on the Bitcoin blockchain. At launch, Coinbase has set a conservative limit of $2,000 for withdrawals via the Lightning Network to ensure a smooth user experience, with transaction fees significantly lower than traditional methods. The rollout will initially be limited to certain regions, with plans to expand based on user feedback and network liquidity. This integration is expected to foster broader adoption of Bitcoin for payments, aligning with Coinbase’s goal of increasing economic freedom worldwide.

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Leading Bitcoin and crypto exchange Coinbase has integrated Bitcoin’s Lightning Network, enabling faster and cheaper BTC transactions for its over 100 million users worldwide.

As the largest Bitcoin exchange globally by users, trading volume, and custody of assets, Coinbase’s adoption of Lightning is a major win for the Bitcoin scaling solution. Lightning allows near-instant Bitcoin payments with significantly lower fees by moving transactions off-chain.

Coinbase has been working to implement Lightning support for years to further its mission of building a payments network costing pennies per transaction. This integration finally unlocks the power of instant and affordable Bitcoin…

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The world witnessed unprecedented power grabs and supply chains disruptions over the past couple of years. The almost perfect alignment between big government, big banks and corporations should be a serious cause for concern across the agricultural sector. These moves represent no less than the most serious threats to our freedom and survival as businesses, probably even as individuals. If you stand for resilience and biodiversity, bitcoin should be a natural fit. Bitcoin ultimately protects biodiversity.

Concentration of power and money had started long before the COVID hysteria took over the world. Corporatization of the agricultural sector has been my main concern long before the…

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