Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin has dropped around $4,000 from around $64k to $60k. Historical support exists around $60,800. If we break through that to the downside, $58k and $52k are the next major support levels.

Stay humble. Stack sats. #Bitcoin falls to price levels not seen in… 11 days! POST: https://twitter.com/Swan/status/1785290539291550207

COINBASE INTEGRATES LIGHTNING:

Starting today, support for the Lightning Network via @lightspark will begin rolling out. Enjoy instant, low-cost BTC transfers.

HONG KONG ETFS:

JUST IN: 🇭🇰 Hong Kong's #Bitcoin ETF by ChinaAMC took in $121m in asset on day 1 of trading. More than all US Bitcoin ETFs COMBINED in the last 6 trading days. POST: https://twitter.com/RadarHits/status/1785318283861737929

This is the start of something big. #Bitcoin is the only investable asset for China now and the doors are open. Be patient and you’ll see. POST: https://twitter.com/Excellion/status/1785235469619663162

Hong Kong #bitcoin ETF 1st day was actually strong… …adjusted for market size Hong Kongs first day was 22x stronger than the US record breaking bitcoin ETF launch. THREAD: https://twitter.com/adam3us/status/1785362329988706723

ADOPTION:

Somerset Ben: I bought a coffee at a wagon today and asked “Can I pay with my Bitcoin?”. She explained it would be too complicated for her - then proceeded to enter the items into an iPad, added up the prices, enter the amount into a card machine and negotiate the card transaction. Bitcoin is not hard. Educating people is. POST: https://primal.net/e/note1y9sn09vvmpu2e8u3cntz3gdeeqpg23tk48ezxcc7ft263dsy3gjsrstz6v

ROGER VER ARRESTED IN SPAIN:

Early Bitcoin Investor Charged with Tax Fraud. Man Known as “Bitcoin Jesus” Evaded Nearly $50M in Taxes. An indictment was unsealed yesterday charging Roger Ver, an early investor in bitcoins, with mail fraud, tax evasion and filing false tax returns. Ver was arrested this weekend in Spain based on the U.S. criminal charges. The United States will seek Ver’s extradition to stand trial in the United States. ARTICLE: https://www.justice.gov/opa/pr/early-bitcoin-investor-charged-tax-fraud

FIAT/GOVERNMENT NONSENSE:

Kaplan on CNBC saying we must "slow the implementation of the Inflation Reduction Act to slow inflation.” POST: