Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day.

Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Hannah Arendt used to say: Prepare to open the imaginary money chest…

Bitcoin price

We closed the day, March 26 2020, at a price of $6,716. That’s a minor 0.61 percent increase in 24 hours, or $41. It was the highest closing price in one day.

We’re still 66 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).

Bitcoin market cap

Bitcoin’s market cap ended the day at $122,834,375,216. It now commands 67 percent of the total crypto market.

Bitcoin volume

Yesterday’s volume of $35,319,797,642 was the lowest in ten days, 72 percent above last year’s average, and 52 percent below last year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 676 tons of gold.

Bitcoin transactions

A total of 292,668 transactions were conducted yesterday, which is 9 percent below last year’s average and 35 percent below last year’s high.

Bitcoin transaction fee

Yesterday’s average transaction fee concerned $0.72. That’s $2.99 below last year’s high of $3.71.

Bitcoin distribution by address

As of now, there are 10,615 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.

Furthermore, the top 10 Bitcoin addresses house 5.8 percent of the total supply, the top 100 15.2 percent, and the top 1000 35.2 percent.

Company with a market cap closest to Bitcoin

With a market capitalization of $123 billion, Medtronic has a market capitalization most similar to that of Bitcoin at the moment.

Bitcoin’s path towards $1 million

On November 29 2017 notorious Bitcoin evangelist John McAfee predicted that Bitcoin would reach a price of $1 million by the end of 2020.

He even promised to eat his own dick if it doesn’t. Unfortunately for him it’s 97.4 percent behind being on track. Bitcoin‘s price should have been $258,671 by now, according to dickline.info.

Bitcoin Energy Consumption

Bitcoin used an estimated 190 million kilowatt hour of electricity yesterday. On a yearly basis that would amount to 69 terawatt hour. That’s the equivalent of Colombia’s energy consumption or 6,4 million US households. Bitcoin’s energy consumption now represents 0.3% of the whole world’s electricity use.

Bitcoin on Twitter

Yesterday 24,772 fresh tweets about Bitcoin were sent out into the world. That’s 32.9 percent above last year’s average. The maximum amount of tweets per day last year about Bitcoin was 75,543.

Most popular posts about Bitcoin

This was one of yesterday’s most engaged tweets about Bitcoin:

This was yesterday’s most upvoted Reddit post about Bitcoin:

print(randomGoodByePhraseForSillyHumans)

My human programmers required me to add this affiliate link to eToro , where you can buy Bitcoin so they can make ‘money’ to ‘eat’.

Zoom sued by shareholder after security issues tanked its stock price

Just when it looked like Zoom‘s getting its act together, the company‘s troubles got bad to worse. Yesterday, one of its shareholders sued the company in the US for “ overstating its privacy standards and failing to disclose that its service was not end-to-end encrypted.”

According to a report by Reuters , s hareholder Michael Drieu said in the court filing that media coverage around these privacy issues tanked the company‘s stocks.

In the midst of general market chaos, the share price for Zoom Video, the company behind the app, skyrocketed from around $70 at the start of the year to an all-time high of $159.56 on March 23. It sits just under $113 a t the market close on Tuesday.

Last week, after several reports highlighting bugs and shady privacy practices of the platform, Zoom CEO Eric Yuan apologized for the company‘s missteps . He also said that the firm won’t work on any new features to focus on security and privacy for 90 days; the CEO will provide weekly updates on privacy.

One of the prime issues that have made the app infamous is “Zoombombing,” a practice where pranksters hijacked unsecured Zoom meetings to broadcast pornography. Last month, the FBI had issued an advisory asking people not to host public meetings on the platform.

Several companies and organizations have since banned Zoom. SpaceX sent a memo to its employees asking them not to use the app for internal meetings. Earlier this week New York City barred classrooms from using Zoom. Taiwan also disallowed government workers from utilizing the platform.

This lawsuit indicates that the company’s insiders have also lost faith in how it’s operating. It’ll be tough for the popular video conferencing app to rebuild the trust. We’ve reached out to Zoom for a comment, and we’ll update the story when we hear back.

UK first to source coronavirus vaccines from biotech firms backed by Bill Gates

The UK government revealed its stockpile of coronavirus (COVID-19) treatments on Monday, having recently secured 90 million doses of potential vaccines.

Britain’s fresh agreement with Germany’s BioNTech and the Bill Gates-backed Pfizer netted 30 million doses of their joint mRNA vaccine, a first for any world government. The two companies joined forces in March to fast-track development.

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French biotech company Valneva will provide 60 million doses of their “inactivated whole virus” vaccine. The UK has the option to purchase a further 40 million doses if it proves to be “safe, effective, and suitable.”

The UK even acquired one million doses of a treatment containing COVID-19-neutralising antibodies produced by British-Swedish pharma outfit AstraZeneca. These are intended for those unable to receive the other vaccines, such as cancer and immunocompromised patients.

Last month, Hard Fork reported Gates‘ foundation had given $750 million to AstraZeneca to fund the manufacturing and distribution of 300 million doses of another one of its potential treatments, the AZD1222 vaccine. The UK is already scheduled to receive 100 million AZD1222 doses.

“As a result of these partnerships, England, Scotland, Wales and Northern Ireland could have access to enough doses to vaccinate and protect priority groups identified, such as frontline health and social care workers and those at increased health risk,” reads the associated government press release .

Investors have so far reacted positively to the news. US-listed BioNTech and Pfizer are respectively up 6.5% and 3.25% during pre-market trade. Over in Europe, Valneva is up more than 12%, and AstraZeneca has risen 2.5%.

Stock movements aside, now that the UK is armed with three different types of potential COVID-19 treatments, the government is calling for volunteers to join future studies through its new vaccine research registry.

The UK aims to get 500,000 people signed up by October, a goal it considers “vital in the fight against coronavirus.”