#4 Bitcoin Update Brazil's Biggest Bank Adds Bitcoin Trading for 60M Customers

Now it's 54 percent 54 percent of miners use clean energy So when are Bitcoin payments going to resume And the thing is it's a bit of a nothing burger anyway because anybody who has Bitcoin and knows what it is they won't part with it for a car or a piece of real estate some people may but very few so it's not really a big deal and by the way i'll be making a tesla video later today for those who care about Tesla a lot of news and tomorrow is D-Day and I'm going to break it all down as well as some new price targets So back to Bitcoin Brazil's biggest bank with 60000000 customers Just opened up Bitcoin trading to all of their customers That is extremely big news And again More adoption which we like which is great And other crazy news too The 4th Union adds Bitcoin to their balance sheet The Taunton Firefighters became the 4th Union of the US to add Bitcoin on its balance sheet And by the way These firefighters are in a place called Massachusetts same place run by Senator Warren who is very anti-Bitcoin Firefighters don't care They're brave And they want independence And they want to survive the future They want a life raft and these people who expose themselves to risk every day understand that better than anybody So again if you are anti-crypto if you are anti-Bitcoin It's no longer a good look okay Waging a war against what everybody wants is not a good look Speaking of Bitcoin hedge funds and other funds here this is a great list from CB all of the big players that are in bitcoin now there's some positives and negatives some first of all some of the funds are very big household names But others are also hedge funds which speculate And that explains a lot of the action we saw last week A lot of funds like 2000000000 dollars a millennium They are obviously doing the carry trade that we covered on DCA and last week as well And that means they're not exactly like a pension fund that would buy and hold Bitcoin Many of these will speculate on it but it doesn't matter We saw just what happened over the last few hours that the macro matters You know solve CPI print Bitcoin goes up 36 100 bucks Are the hedge funds caught short Maybe Maybe a few of them are And that probably helped exacerbate the price action too Let's get into a couple of charts ladies and gentlemen and again thank you all for coming first one is the story today