Semler Scientific's Bitcoin Move, Twitch's Future, and Elliot Wave Insights
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Semler Scientific's Bitcoin Move, Twitch's Future, and Elliot Wave Insights

E27 • Jun 7, 2024 • 26 mins

This episode covers Semler Scientific's Bitcoin acquisition, Twitch's shutdown and potential open-sourcing, Elliot Wave Theory and its combination with Fibonacci ratios, advancements in Bitcoin mining technology, Seal Miner Rig's mass production, and the Bit Deer and Tether partnership.

Key Points

  • Semler Scientific has significantly increased its Bitcoin holdings and plans to raise additional funds to acquire even more Bitcoin, viewing it as a hedge against inflation and global instability.
  • Twitch, a social media platform built on the Bitcoin SV blockchain, unexpectedly shut down, leaving users unable to access their assets, but the company is considering open sourcing its code to keep the platform's concept alive.
  • Bit Deer has introduced the energy-efficient Seal 4 chip for Bitcoin mining, promising enhanced performance, lower power consumption, and a reduced environmental footprint, marking a significant advancement in cryptocurrency mining technology.
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