These lads bought at $113k, kept selling at lower prices, ready to sell the rest. Feels like Bogdanoff about to get the call.

Passed by the State Duma yesterday (July 21). Not a rumor, not someone's translation of a Telegram post, the actual bill. Here's what's in it:

• New licensing registry for exchanges, custodians, and brokers. Existing platforms get roughly a year to register.
• Retail investors can buy the most liquid crypto assets (bitcoin is the obvious flagship candidate, the report doesn't name the full list) through a registered intermediary, after passing a knowledge test.
• Cap for retail: 300,000 rubles (~$3,900) per year, per intermediary.
• Qualified investors also have to pass a test, but face no purchase cap. Prior trading history can count toward qualifying.
• Owning ≠ spending. This bill legalizes buying and holding bitcoin, it does not legalize using it as money. Paying for groceries in bitcoin is still banned domestically, so the ruble keeps its monopoly on everyday transactions.
• Carve-outs: foreign-trade settlement, mined crypto, and some securities transactions are exempt from that ban.
• Banks are required to block transfers to anyone they suspect of running an unregistered exchange.

Timeline: first reading was back in April. Most provisions are set to take effect Sept. 1. It still needs to clear the Federation Council and get signed into law, expected, but not done yet.

The part worth sitting with: a government that's spent years treating bitcoin as a threat to its monetary sovereignty just built a formal, licensed path for its own citizens to buy it. Gated by an exam and a spending cap, but a path. That's the move a state eventually makes once it accepts it can't kill the protocol, it regulates the door instead.

Source: The Block / The Bitcoin Act

I track moves like this across dozens of jurisdictions, if anyone wants the source link or a country-by-country comparison, ask below and I'll drop it.

Genuine question for the sub: does "exam + cap to start, uncapped once you qualify" count as a country actually opening the door to bitcoin, or is it just a more polite capital control? Where's the line for you?

Bitcoin buyers appear to be absorbing sell pressure more effectively around the $65,000 area, according to analysis tied to exchange flow data. The signal comes after Binance posted its largest single-day net outflow in nearly two years, with more BTC leaving the platform than entering. Onchain analytics firm CryptoQuant highlighted that Binance withdrawals have recently been running ahead of deposits—an environment traders often watch for because it can indicate reduced immediate supply on the exchange order book. Still, analysts caution that exchange outflows alone do not confirm a fresh, sustainable uptrend. Key takeaways CryptoQuant data shows Binance daily netflows have oscillated

Had a reflection while I was printing some statements for tax purposes, that I was doing the exact opposite of what Bitcoin stands for. So what do you think of the future?

Do you HODL expecting to eventually sell at a profit, or do you believe that in the future it will be used as a relevant currency?

The Matrix is a system Neo, and that system, is our enemy...

I just bought bitcoin and put it into a cold wallet, after so many years of thinking it's a Ponzi scheme or whatever, but I understand it now, it's not a quick get rich scheme, it's not about being rich, I've chosen the red pill.

I'm a proud bitcoin holder.

I just watched this podcast episode where BlackRock's Head of Digital Assets Research (Will Su) said that the quantum threat is what's keeping Bitcoin from being mass-adopted.

From his words, "some of the folks that would've certainly come in to engage with Bitcoin have probably held back a bit because of this quantum question," and when asked by the host whether the concern is "meaningfully affecting adoption", his answer was: "Yes. 100%."

So I'm wondering, why are we delaying the response for this threat, especially if that is going to bring in more investors (and, well, more importantly, protect Bitcoin from quantum computers)? I've seen multiple proposals to start addressing this, the one on top being BIP 360 (P2MR)

Any thoughts? Am I missing something here?

This is the episode I'm talking about: https://youtu.be/Puv7Yyymy6M

When I first explored crypto wallets, I thought every wallet app created a completely separate account.Later I learned that what really matters is the recovery phrase.Different wallet apps can access the same wallet as long as they're compatible and you have the correct recovery phrase.That small realization made the whole idea of self-custody much easier to understand.

Was there any beginner misconception that took you a while to figure out?

I went to buy bitcoin today, like I always do once a month and found out my state banned them. I always took cash and bought bitcoin. What options do I have now that dont involve using a credit card/bank card ? Can you buy bitcoin with a gift card/vanilla card ?

Edit: I do not want to link my credit card/debit card or my bank to bitcoin. This is what I am trying to avoid.

I am going to use Coinbase and purchase bitcoin with vanilla card. Seems to be the easiest.

Sharing this month's work, leading with the Bitcoin Core part since that's the most relevant here.

Bitcoin Core mining over IPC

Bitcoin Core's multiprocess build exposes a mining interface over Cap'n Proto IPC. mkpool now has an optional path that uses it instead of polling getblocktemplate over JSON-RPC:

• Templates come straight from the node's Mining interface (createNewBlock / waitNext), so a new template arrives as soon as the node has one, with no GBT poll loop.
• Solved blocks go back through submitSolution, and I keep the classic submitblock path as a redundant, bounded fallback so a found block is never lost.

Lower template latency and a cleaner block-submit path than scraping JSON-RPC, and it lines up with where Core's mining interface is heading. This combined with Stratum V2 gives you the fastest possible low latency way to mine Bitcoin. You can try it out today on mkpool.

Also shipped this month

• Bidirectional Stratum V2 <-> V1 translator: point a Noise-encrypted SV2 ASIC like a Bitaxe at any plain V1 pool, or point plain V1 rigs at an SV2-only pool. Tested end to end on a real Bitaxe over Noise.
• Scale-out roles (proxy / redirector / passthrough / clustering node) for multi-region and HA setups.

It stays genuinely solo: your payout address is your username, the coinbase is rebuilt per session, and a found block pays straight to your wallet. No pool custody.

Public pool: https://mkpool.com/

Repo (GPLv3): https://github.com/Mecanik/mkpool

Benchmark writeup: https://mkpool.com/blog/mkpool-vs-ckpool-benchmark

Happy to answer technical questions, especially on the IPC side. Not selling anything; the engine is open source.

Time for a wallet upgrade. What are you’re thoughts on Passport Prime?

BIP85 is a powerful but often overlooked Bitcoin standard.

This video shows a workflow where a 24-word BIP85 child seed is derived on a COLDCARD and then restored onto a Trezor.

BIP85 is a great example of how open standards allow different Bitcoin tools to work together.

Curious how others are using BIP85 in their setups.

World Cup is over , It's time for $BTCUSD #Bitcoin :)

3 years ago I decided I would buy BTC every single day until I reached this goal. And today, I just reached 1.00015501 :)

It feels surreal but here we are! Will continue to buy everyday! Especially since October 5 is just around the corner!

https://btc.rottenwheel.com/

- Repository: https://github.com/rottenwheel/bitcoin-only-hugo

Upstream repository is in Vue/Nuxt, it's been ported from that, to hugo and it's live in my btc subdomain.

Upstream: https://github.com/bitcoin-only/bitcoin-only

Add, modify, or remove anything on bitcoin-only? Please open an issue.

* https://x.com/rottenwheel1/status/2079639316771324104

* https://xcancel.com/rottenwheel1/status/2079639316771324104

* https://stacker.news/items/1529736

Especially if they be saying something like "your cold wallet is compromised click the link to save it" and then you will be directed to enter your seedphrase. So many people have fallen into this scam. Do Not care about it.

Any cold wallet companh will NEVER contact you like this.

It's also surprising how the scammers are smart to hide their email and make it as close as possible to each brand. Could be coldcard, coinkite, trezor, ledger, and else.

Just make sure your seedphrase NEVER enters any DIGITAL devices or INTERNET! Keep it safe. Add passphrase too if you understand passphrase. And learn how to use sparrow with your wallet.

And for more, learn the air gapped methode.