Bitcoin breakout brewing, mining difficulty ATH, July candle close, peak into the FED - Ep.166

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price has dropped a bit into the $64-65k range. We shall see if the Fed’s FOMC meeting (where they decided NOT to cut rates) has any impact on Bitcoin’s price today.

Monthly close today and the $BTC-Chart looks like this. That would be the sixth monthly close ABOVE the 2021 ATH. Breakout to the upside soon imo. You're not bullish enough. POST: https://x.com/el_crypto_prof/status/1818548500017062257

Bitcoin rhymes. What happens next? POST: https://x.com/BTC_Archive/status/1818585031754871067

BITCOIN MINING:

🚨BREAKING - #Bitcoin mining difficulty is ripping. Mining difficulty has adjusted upwards by 10.5% to a new all-time high at 90.7T 👀 🚀. POST: https://x.com/SimplyBitcoinTV/status/1818586093593501763

ADOPTION:

Russia Legalizes Crypto Mining and Brings an Experimental Regime. The State Duma passed two bills on Tuesday. ARTICLE: https://www.coindesk.com/policy/2024/07/30/russia-legalizes-crypto-mining-and-brings-an-experimental-regime/

Strike introduces Target Orders 🎯. ARTICLE: https://strike.me/learn/what-is-a-bitcoin-target-order/

SPEED OF LIGHTNING:

Lightning transactions compared to Mastercard and Visa. ⚡️. POST: https://x.com/AquaBitcoin/status/1818458975270056062

FIAT/GOVERNMENT NONSENSE:

Venezuela’s Maduro challenges Elon Musk to a fight 😅. POST: https://x.com/RadarHits/status/1818698938083369124

🇺🇸Donald Trump just launched #Bitcoin sneakers. POST: https://x.com/RadarHits/status/1818677903984320669

Stop calling the government incompetent. Their aim was to make money for themselves and their buddies and it’s going great. POST: https://primal.net/e/note1ql0n6uaeuq09e56vwsagnyp8xx2cxpk76nnmzszjzawttluvrcssqt0rzz

First day of Med School. POST: https://primal.net/e/note1dummnqlx4hvrcatcvmfywdtg2y9rzctx5hqax734p2r99e08qw8sknesgf

Milton Friedman on the 19 members of the FOMC and their unlimited power over the money supply.💸 This is why we #Bitcoin 🧡💯🧡. POST: https://primal.net/e/note12erwlq38p5qurl0kntw5zwwzp0q3k6p3kddtgvduehr66vp257usgkl766

WOW:

Certain types of Sea Urchins… POST: https://primal.net/e/note1a5k8v6d2xuyrzwlvz5tkedcxvssf2mhzggs98qsntwjm2y73akyqtlva3v

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