🎲 ENTERING THE GAME

World's Largest Asset Manager BlackRock Launches Spot Bitcoin Private Trust
By Shawn Amick

BlackRock Inc., the world's largest asset manager with more than $10 trillion of assets under management (AUM), has launched a spot bitcoin private trust enabling direct BTC exposure for its institutional clients.

The news comes right after a Coinbase partnership announcement was announced, in which they will be leveraging Coinbase Pro's infrastructure to offer their clients both trading services and custody.

"Bitcoin is the oldest, largest, and most liquid cryptoasset, and is currently the primary subject of interest from our clients within the cryptoasset space.” – BlackRock statement.

🎭 CBDC HOAX

The StableCoin Monster: CBDCs Are A Red Herring
By Mark Goodwin

We have been so focused and distracted by the danger that Central Bank Digital Currencies (CBDCs) represent to humanity’s future that we have completely missed the private entity stablecoin monster that is gaining ground in the cryptocurrency sphere right in front of our eyes.

We know that for some of our audience, having to read the world “Ethereum” in one of our articles can be annoying. Nevertheless, studying and learning from the mess that said alternative cryptocurrency is submerged into, could be of great help for the battle that is to come between Bitcoin and centralizing forces.

While Ethereum is losing the battle and has nearly been consumed by the gluttonous beast of centralization, we as Bitcoiners should not celebrate at all, but stay vigilant and prepared for what's to come. 

📰 THE DAILY BITS

Tales From Europe: EuroZone Crisis Shows The Argument For Bitcoin
By Dan Ashmore

Last week, one U.S. dollar became more valuable than one euro for the first time in history and the DXY, an index that measures the value of the dollar against a basket of foreign currencies, is at highs not seen since 2002 — 20 years ago! 

But, does this mean that the U.S. Dollar is a strong currency and a safe haven? Not really ... If compared against the price of real goods (gas, groceries, etc.) and services, USD is weakening at an alarming rate while inflation is printing 40-year highs.

Why is the dollar becoming more valuable against other currencies, then? Well, unfortunately, it is a sign of a typical recession, during which people mistakenly tend to seek security in the world’s reserve currency. 

There are very few known assets with the necessary fundamentals that can thrive in this kind of economic disaster. Bitcoin is one of them.  

MEME OF THE DAY