Bitcoin supply shrinking, exchange reserves at 5-year low, USD is a Ponzi, SimpleX

Today’s Bitcoin news! 

PRICE UPDATE: 

Today’s Bitcoin price has been hanging around the $59-60K range almost identical to yesterday. We are just waiting for Fall to start then Bitcoin is gonna start rippin’! 

Since #Bitcoin's ATH in March, the market has seen widespread supply distribution across all wallet sizes. Recently, this trend shows signs of reversing, especially among the largest wallets, often linked to ETFs, which are now returning to accumulation. POST: https://x.com/glassnode/status/1823742466731721117

BULLISH: 

NEW: 🟠 Bitcoin exchange reserves have hit a five-year low❗️. POST: https://primal.net/e/note1l2krdlr6mhjmtmcu6r084580zu2gg753ykf4dklxsajtffcj87lqyr004t

BREAKING: 🇺🇸 Goldman Sachs bought $418m #Bitcoin in the last quarter. 🫡 @MacroScope17. POST: https://x.com/BTC_Archive/status/1823638358188274006

Banking system vs. Bitcoin. POST: https://x.com/WhyBitcoinOnly/status/1823735076766802109

#Bitcoin continues its unbroken winning streak of making smart people look dumb. POST: https://x.com/Breedlove22/status/1823738348680438059

SATOSHI NAKAMOTO: 

Satoshi is an absolute legend. He leaves a 1M Bitcoin wallet lying around to demonstrate that it can't be hacked. Anything else? POST: https://x.com/btc_privacy/status/1823752379293970614

FIAT/GOVERNMENT NONSENSE: 

‘I will fix things if you vote me into office,’ says woman currently in office. POST: https://x.com/RealJamesWoods/status/1823753309645402238

The WHO has declared Mpox a public health emergency in Africa. POST: https://x.com/DBrozeLiveFree/status/1823751363760677360

BREAKING: 🇺🇸July inflation rate falls to 2.9%, below expectations of 3.0%. Send it! 🚀. POST: https://x.com/RadarHits/status/1823702064649658521

Printing money should be illegal. POST: https://x.com/getbasedtv/status/1823748064965808249

JUST IN: 🇪🇺 European Commission President disowns letter threatening @ElonMusk over Trump interview on 𝕏. “The timing and the wording of the letter were neither coordinated or agreed with the president.” POST: https://x.com/RadarHits/status/1823429480783704141

JUST IN: 🇺🇸 US #Bitcoin Tax-Free Zone would make US the leader of the global digital economy, says policy-group USABTC. Tax-free transactions, and no capital gains... 🤔. POST: https://x.com/BTC_Archive/status/1823729270050709993

“Bitcoin is a Ponzi scheme.” The US dollar… POST: https://primal.net/e/note18ameq0t3p280mn7tgvt3nsw6lswlce22cqears627ew0fxjsjqxs836y0t

We are living in the afterglow of a more advanced civilization that came before us. POST: https://primal.net/e/note1e44fklxcuydkek20hegq9n3uuqcz6370vgj4mzkks7ggte9vyyxqumzcez

SIMPLEX: 

SimpleX Raises $1.3M from Jack Dorsey & Asymmetric VC, Releases Chat v6.0. SimpleX Chat is a