Inflation data shows a 106% increase in fuel oil year-over-year with an unexpected 40-year high Consumer Price Index report of 8.6% as bitcoin dips to $29,500.
Blockware’s report uses data provided by Glassnode to provide estimates on global Bitcoin adoption relating to the standard S-curve of disruptive technology.
Custodia’s lawsuit states “unlawful” delays in the bank’s approval process to gain a master account with the Federal Reserve which would lessen cost and risks.
The mining company increased total miners and hash rate, but increasing difficulty and a lower average BTC price drove metrics down for the month of May.
The new trading platform from Fidelity, Citadel Securities, Virtu Financial and Charles Schwab will enable wide access to bitcoin and other cryptocurrencies.
The letter aims to enlighten the U.S. Congress on the global importance of Bitcoin as a tool for personal and financial freedom as regulators seek legislation.
PREDICT BITCOIN
