🇺🇸 U.S. #Bitcoin ETFs saw $541 million in outflows amid election uncertainty. This is the second largest to date. "Most of the traditional financial sector remains fixated on immediate rewards, quickly moving in and out of the top asset at the slightest provocation. The buy-and-hold approach, especially regarding Bitcoin, has yet to become ingrained in the mindset of Wall Street traders."

🇬🇧 British pension firm Cartwright 🇬🇧 has advised a 3% allocation of #Bitcoin in its pension fund. Interestingly, they have bypassed the ETF route, opting to purchase BTC directly and have set up a multisig arrangement across five independent institutions. This represents the largest BTC allocation by any pension fund globally and is likely to set a trend for others to follow. "First slowly, then all at once!"

A new company following the MicroStrategy #Bitcoin playbook, Semler Scientific, has raised USD $2.5 million for its latest BTC acquisition, bringing its total holdings to ₿1,058. Semler Scientific develops technological products for healthcare providers. "MicroStrategy's pivot to becoming a Bitcoin development company will ensure that we see many more companies like this choosing to add BTC to their balance sheets!"

According to Arkham Intelligence, Mt. Gox has sent USD $2.2 billion worth of #bitcoin to two wallet addresses. Usually, but not always, this is a consolidation procedure before selling the asset on an exchange.

Since its inception, the media has falsely proclaimed the death of #Bitcoin no less than 350 times. You can read each and every headline here:

99Bitcoins

Bitcoin Obituaries (Deaths) - Is Bitcoin Dead and How Many Times?

Discover how Bitcoin has been declared "dead" numerous times, yet continues to thrive, proving its resilience in the evolving cryptocurrency world.

"Soon every billionaire will buy a billion dollars of #bitcoin and the supply shock will be so great that we will stop measuring it in terms of fiat." — Michael Saylor

🇩🇪 Deutsche Telekom 🇩🇪, Europe's largest telecommunications company, has started mining #bitcoin using surplus energy. "It appears that other German organizations do not share the same hostility towards Bitcoin as the German government has demonstrated."

The #Bitcoin logo is now on Swiss television at every homegame of the first division team Lugano FC.

Opinion: "Hodler psychology is optimal when there’s a clear understanding of the difference between a speculative pump and an adoption-driven pump."

Opinion: #Bitcoin is engineered to appreciate in value, regardless of who is elected. Bitcoin = $11 2012 - Democrat - Obama Bitcoin = $700 2016 - Republican - Trump Bitcoin = $15, 489 2020 - Democrat - Biden Bitcoin = $68, 823 "Political candidates always talk; political electorates sometimes act. #Bitcoin does not care!"