Business Bitcoin Adoption Grows 30% in 1 Year | Britcoiners by CoinCorner #140
Join Danny, Molly, Zakk and Dave for industry-led opinions on important Bitcoin stories from the week. This week's topics: Intro Bitcoin price River Research Report: Why Business Bitcoin Adoption Grew by 30% in 1 Year Nvidia denies getting DOJ antitrust subpoena Fed hits Texas bank with cease and desist over servicing crypto firms Donald Trump’s Proposal to Lower the Corporate Tax Rate from 21% to 15% Michael Dell: “Enjoy #Bitcoin” El Salvador marks 3 years of Bitcoin adoption with $31M profit IQ differences among nations Britcoiners is a Bitcoin podcast by CoinCorner (https://www.coincorner.com) - a global leader in Bitcoin and Lightning services. Join our Telegram: https://t.me/britcoiners Follow Britcoiners on X: https://x.com/britcoiners Follow CoinCorner on X: https://x.com/coincorner #coincorner #britcoiners #bitcoin #bitcoinpodcast #bitcoinnews
Transcript
Great. Uh, welcome back, guys. Britcoiners, episode 140. Agenda this week: we've got River's research report. We've got Envar... no, oh God, I just asked you how to pronounce that. Invaria, is that what you said? Nvidia? Nidia? Is that what you're trying to say? My God, I didn't even know that's what you're trying to say. I didn't. Nvidia. Inv... you can tell he's got the low IQ. Sounds like something from Harry Potter.
Yeah, okay. Um, Fed and Texas Bank, Donald Trump, Michael Dell, El Salvador, and IQ differences arguments. Fun card. Kick off with the Bitcoin Bros, 56,000. What was it last week? Last episode's price was 56,700. Oh, that was really very close. And down, but now we're back. Nice. We've dipped a bit in between then, haven't we? Mhm, but, uh, dropped a little bit this morning. It's a reverse B in the week, nearly there. Mhm. We had... what, you tweeted to him about the inflows? Yeah, the first positive inflows, um, not yesterday, the day before, um, Monday, in about two weeks. It was about two weeks actually, um, for the ETFs. Uh, it was a small one, 28 million. Yesterday, I think it was 170 million inflows, which didn't reflect in the price movement particularly, or maybe, but not. We've been discussing that, haven't we, in terms of the outflows and inflows not really moving the price as much as you'd possibly think?
I suppose they have... sorry, I can take my comment about that. They have actually. We're looking at that, that's, sorry, those green bits there, the last two days, aren't they? Mhm. So maybe they have a little bit of there, but you're right. Yeah, weirdly, sometimes they don't. Yeah, would you expect those sort of volumes to move the price more than that, anyway? And yesterday, is it yesterday or Monday? Sorry, Monday was, I think, the first time ever, the first day ever since the ETF started, that BlackRock had an outflow. But the overall ETF flow from all of them was actually positive. That's never happened, um, which was interesting. Someone's sweeping up all BlackRock's potential influence. Some of the other guys had some big, some decent sizes for them. Um, BlackRock's was like a minus 13 million or something, which wasn't big either, but, um, see, they don't really have many negative days. Are they all pretty much the same now on fees and stuff, right? They're all pretty... I can't remember. I remember there was a big thing when they were first launching about how they were battling a little bit, fees months coming quick, but BlackRock are not the cheapest, are they? Yeah, the most.