Despite the dip, the #Bitcoin market is bullish as ever.

Highlights:

-El Salvador approves law making bitcoin legal tender
-Microstrategy boosts latest note offering to $500 million
-Bitcoin miners to utilize volcano energy

https://bitcoinmagazine.com/markets/price-dip-bitcoin-market-bull

Paul Tudor Jones: “#Bitcoin is math. And math has been around for thousands of years. Two plus two is going to equal four and it will for the next 2,000 years. I like the idea of investing in something that’s reliable, consistent, honest, and a hundred percent certain.”

- Neil Jacobs

https://twitter.com/NeilJacobs/status/1404418105879810049

Buying coffee using #bitcoin in El Tunco from @EnzoRubio. The lighting network is fast, cheap and works. 🇸🇻

- Peter McCormack

https://twitter.com/PeterMcCormack/status/1404472405549060100

Withdrawal stats (last ~24h timeframe)
~2.6 BTC withdrew via #LightningNetwork High voltage sign , across ~100 invoices
~3.7k BTC withdrew via #bitcoin mainchain, across ~600 outputs
~25 BTC withdrew via @Liquid_BTC , across 8 txs

- Paolo Ardoino

https://twitter.com/paoloardoino/status/1404814409214660610

Just to confirm: both my S2F(X) model and on-chain signal point towards a second run of this bull market 🚀

- PlanB

https://twitter.com/100trillionUSD/status/1404845184819544067

The #LightningNetwork keeps growing: the network’s cumulative capacity has crossed 1,500 #bitcoin and is up 60% in Bitcoin terms and 580% in USD terms from June last year.

https://www.btctimes.com/news/lightning-network-hits-record-capacity

The world is waking up to the fact that #bitcoin is digital property on an open monetary network.

- Michael Saylor

https://twitter.com/michael_saylor/status/1405272838190211072

The filing asserts that the investment bank “will receive certain placement and servicing fees with respect to clients it refers to the issuer, as disclosed to the applicable clients.”

https://bitcoinmagazine.com/business/nydig-fs-investments-file-bitcoin-fund

The World Bank has rejected El Salvador’s request for support with its #Bitcoin integration, citing environmental concerns.

https://www.btctimes.com/news/world-bank-refuses-to-help-el-salvador

#Bitcoin mining company Bitfarms will list on the NASDAQ on the 21st June.

Bitfarms uses +99% hydroelectricity! 🙌

- Bitcoin Archive 🗄🚀🌔

https://twitter.com/BTC_Archive/status/1405634668339286020

Feels like people call for regulations only when they lose money.
While if free random money pours from the sky, it's all fine.

- Paolo Ardoino

https://twitter.com/paoloardoino/status/1405550513228324867

Showed someone halfway around the world how to set up a Bitcoin wallet today. Sent them some BTC on-chain and via LN, and had them send LN back to me.

"But I never had to put my ID in?"

No :)

"Wow. It appeared instantly!"

Yes :)

Information is powerful tool, let's use it ⚡

- Alex Gladstein

https://twitter.com/gladstein/status/1405980844515225603

Not much volume on this drop.
Apart Finex whales reducing shorts.

- Paolo Ardoino

https://twitter.com/paoloardoino/status/1406595287108538371

As China's crackdown on local #Bitcoin mining operations materializes, bitcoiners are expecting an accelerated shift of hash rate away from China and towards more welcoming countries, including the U.S. and Canada.

https://www.btctimes.com/news/as-china-cracks-down-on-miners-bitcoiners-expect-shift