This Week in Bitcoin

How world events impact Bitcoin, why investors are turning cynical, and the one Bitcoin metric that's right 83% of the time. Plus, some FUD busting and how Visa banned Apple from integrating Bitcoin and more into Apple Pay. Affiliate LINKS: 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling Links: Bitcoin: A Global Liquidity Barometer - Lyn Alden It Begins: US Port Strikes Erupt, First Shutdown In 50 Years Sparks Fears Of Supply Chain Crisis | ZeroHedge 'THIS IS NOT GOOD NEWS': Payne explains 'worrisome' key economic indicator report - YouTube "There goes the 2nd most crowded trade. Spot Bitcoin ETFs bought up all the BTC mined in September Bitcoin Price Drops Sharply as 'Uptober' Begins With Mass Liquidations and Middle East Tensions US: Manufacturing Slows To Mine or Not to Mine? | Plan B 5 - YouTube Cambridge Blockchain Network Sustainability Index: CBECI Electricity Mix - Our World in Data Bitcoin Mining Council Survey Confirms Year on Year Improvements in Sustainable Power and Technological Efficiency in H1-2023 - Bitcoin Mining Council Bitcoin Mining Uses A Higher Mix Of Sustainable Energy Than Any Major Country Or Industry Is Bitcoin greener than eVs? Two arguments why NYDIG on X: Bitcoin is speech and therefore protected by the First Amendment Inside The Biden Admin's Plot To Destroy Silvergate And Debank Crypto For Good US accuses Visa of monopolizing debit card swipes | Reuters …

Three game-changing shifts this week will reshape the average Bitcoin holder and reignite centralization concerns. What just changed, what's driving the urgency, and how will it impact the Bitcoin network. Affiliate LINKS: 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling Links Christine Lagarde - Stabilizing Inflation & Regulating AI for the Global Economy | The Daily Show - YouTube SEC Greenlights Options Trading for BlackRock’s IBIT Spot Bitcoin ETF Who Owns the Most Bitcoin in 2024? | River Jeff Park on X - If there were one thing to read today re the game-changing nature of Bitcoin ETF options, read (and bookmark) this one for 2025 BlackRock Bitcoin ETF demands 12-hour BTC withdrawals from Coinbase JUST IN: 🇺🇸 The largest U.S. custodian bank BNY to launch Bitcoin ETF Custody Bhutan Reveals Fourth-Largest Government Bitcoin Holdings Worth $750M Bitcoin Core :: Disclosure of memory DoS due to headers spam Telegram Changes Policy to Share Phone Numbers & IP Addresses in 'Valid Requests' SimpleX Chat: private and secure messenger without any user IDs (not even random) US Congressman Tom Emmer grills Gary Gensler over crypto regulation Music Disco Swag by The Doerfels

Why a .5% rate cut is such a shock, what Bitcoiners should watch for next, and where to find the signal long-term. I also share my thoughts on Trump's DeFi token, project updates, and more. Affiliate LINKS: 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling Links Fed cuts rates by a half point at September 2024 meeting Federal Reserve goes big with half-point interest rate cut, its first since 2020 Fed moves to protect weakening job market with bold rate cut The Fed is making its WORST policy mistake since 1929 BlackRock Presentation - Bitcoin a Unique Diversifier.pdf The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action | Uncovering Evidence of Massive Fraud in Property Tax Valuations | Podcastindex.org Trump's crypto business presents possible conflict of interest Project Updates Sparrow 2.0.0 released River Proof of Reserves: Setting a new standard for Bitcoin exchanges River's Proof of Reserves Page What Is Proof of Reserves? Bitcoin Proof of Reserves - River - YouTube Music Don't Take This For Granted - By: Two Weeks In Nashville

Using a Bitcoin lens, I'll explain why the housing market is propping inflation numbers up and why traditional "experts" can't explain it. Plus, a Bitcoin reality check, my thoughts on a town that claims to be getting sick from the local Bitcoin mine, a visit to noobie corner, and a lot more. Affiliate LINKS: 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling Links Here’s the inflation breakdown for August 2024 — in one chart 37% of US small businesses have seen their earnings drop over the last 3 months Good news for consumers: Some experts say companies are done with price gouging. US economy is rapidly slowing - Global Markets Investor Dow falls 400 points, Nasdaq reverses losses after CPI report Higher 'core' inflation in CPI could derail chance of larger Fed rate cut How Many Americans Own Stock? Median Sales Price of Houses Sold for the United States (MSPUS) | FRED | St. Louis Fed 314% increase since 1999 for the average US family health insurance premium. Apple's treasury lost $15b in the past decade River Report: Why Business Bitcoin Adoption Grew by 30% in 1 Year Inside the Texas bitcoin mine reportedly making residents sick - YouTube Marathon's Commitment to Granbury, TX | MARA Granbury Michael Saylor on CNBC Today - $13 Million BITCOIN - YouTube Noobie Corner How Bitcoin Fees Work&…

A breakdown of Bitcoin credibility attacks this week, plus a review of some macro-sickness and the no-good, real lousy month for Bitcoin miners. Affiliate LINKS: 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling Links Americans Are Really, Really Bullish on Stocks - WSJ Economic & Market Update | J.P. Morgan Asset Management "Nikkei 225 down 3.7% and the usd/yen headed lower. Looks like we are about to find out how much of that Yen Carry Trade is still out there. Government hiring is inflating jobs numbers. Ueda Reiterates That BOJ Will Lift Rates If Outlook Realized - Bloomberg Bank of Canada delivers third straight interest rate cut, bringing policy rate down to 4.25 per cent Mining: revenues drop in August and difficulty at all-time highs Bitcoin miners sold 2,655 $BTC over the weekend, worth around $154 million! CNBC reports that almost half of all corporate money raised for the presidential election is from Bitcoin and crypto. New FTC Data Shows Massive Increase in Losses to Bitcoin ATM Scams | Federal Trade Commission North Korea Aggressively Targeting Crypto Industry with Well-Disguised Social Engineering Attacks Music Free by Tony Salomone

US employment fell by 818,000 jobs in the latest Government revision. I'll break down the report and what it means for Bitcoin. Plus, a batch of news, Bitcoin basics, and more. Affiliate LINKS: 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling News Links The Bitcoin Office (@bitcoinofficesv): "🇸🇻EL SALVADOR CONTINUES TO TRAILBLAZE! El Salvador will soon begin providing #Bitcoin instruction and certification to 80,000 public servants." | X Cancelled Illicit Finance - National Crime Agency German Authorities Seize $279,000 in Bitcoin ATM Crackdown - Decrypt Nonfarm payroll growth revised down by 818,000, Labor Department says Nonfarm payroll growth revised down by 818,000, Labor Department says Fed's Powell Confronts Policy Crossroads With All Eyes on Jackson Hole - Bloomberg Powell may use Jackson Hole speech to hint interest rate cuts | AP News Watch Live: Fed Chair Jerome Powell at Jackson Hole | WSJ - YouTube Bitcoin ETFs Record 14% Increase in Institutional Investors' Adoption | Coinspeaker Why Wall Street Is Investing in Bitcoin ETFs: A Q2 2024 Analysis Grayscale’s Share of Bitcoin ETF Market Falls Below 25% as Rivals Rise - Decrypt Institutions Increased Their Bitcoin (BTC) ETF Allocation in Second Quarter, Bitwise Says Spot Bitcoin ETFs maintain positive flows for 8 out of the last 10 days vitalik.eth on X: "I have been told that I need to "do less philosophizing and do more ethereum bullposting". Noobie Corner Links

Job done! Didn't you notice? Inflation has been licked; the Yen carry trade is nearly wound down, and the fed is about to cut. What could go wrong?! Affiliate LINKS: 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling Links: Wholesale inflation shows few warning signs. Fed interest-rate cut still on track. US PPI July 2024: Producer Prices Increased by Less Than Forecast - Bloomberg Credit Card and Auto Loan Delinquencies Surge in the Second Quarter – MishTalk Thursday morning JP Morgan said 75% of the carry trade was unwound. NEW EVIDENCE THAT Kamala Harris WILL CONTINUE CRYPTO CRACKDOWN Democrats launch 'Crypto for Harris' campaign to counter Trump’s industry appeal Crypto executives clash with Democratic leaders in heated Zoom meeting President Trump's 20 core promises to America - No Bitcoin on there Tim Pool on X: "The CIA invented bitcoin Projects: Lightning.Pub Justin (shocknet)⚡ on X: "Huge milestone ⚡️ Mutiny Wallet is Shutting Down Olympus by ZEUS x Lightning.Pub integration Final Clip: Bitcoin: Global Utility w/ Alex Gladstein - YouTube Music 1night by Daddy NAT

The four horsemen of the apocalypse are riding roughshod over Bitcoin… and the no-coiners are cheering. I'll break down the FUD, separate facts from fiction, and explain what set all this off. Affiliate LINKS: 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling Links: Japan's stock market, the Nikkei 225, is currently set to post its largest 2-day drop in history. The Bank of Japan (BoJ) is caught between tightening monetary policies, risking a collapse of the carry trade, or maintaining low rates, which threatens financial stability. Magnificent Seven set to shed $1 trillion in value, led by Apple, Nvidia Treasuries Surge as Traders Bet on Emergency Fed Rate Cut Schwab, Fidelity resolve temporary disruptions on frenetic trading day Are Banks Sweeping Dud Property Loans Under the Rug? - WSJ Biden's Treasury accused of trying to juice U.S. economy pre-election Schwab, Fidelity resolve temporary disruptions on frenetic trading day The Japanese Yen has retraced an entire year's worth of price action in just 26 days. Dow tumbles 1,000 points, S&P 500 posts worst day since 2022 Wharton's Jeremy Siegel says Fed needs to make an emergency rate cut Carry trades: A major unwinding is underway amid a stock sell-off The Reason Behind Bitcoin's Price Crash: Arthur Hayes Speculates Bitcoin Crash Wipes Out 18% Of Profitable Investors In 24 Hours - BitcoinWorld Bitcoin Falls Below $53K, Wiping Out $600M in Leveraged Longs - Co… *

I discuss the macro mayhem this week and why it's time for Bitcoin to shine. I also explored the Bitcoin Reserve bill and tried Alby Hub & Cloud. Affiliate LINKS: 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling Links: The Magnificent 7 stocks have now erased a combined $2.6 TRILLION of market cap over the last 20 days. All while deficit spending as a percentage of GDP is currently at World War 2 levels Bloomberg just confirmed businesses are warning investors they're unable to pass on costs to the consumer anymore. A week ago we saw the biggest one-day drop for the S&P 500 since December 2022 Quarterly Refunding Statement of Assistant Secretary for Financial Markets Josh Frost US Plans to Hold Note, Bond Sales Steady for ‘Several Quarters’ 'We Did It—Congratulations': David Schweikert Decries US Reaching $35 Trillion In National Debt - YouTube Hawkish FOMC 'Still Waiting For Greater Confidence' On Disinflation Quarterly Refunding: Treasury To Hold Bond, Note Sales Steady For "Several Quarters", Will "Modestly Increase" Bill Offering Size Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony Lummis-Gillibrand Payment Stablecoin Act The Bitcoin-Dollar Tether holds more US Treasuries than Germany, ranks 19th globally Lummis Announces Revolutionary Proposal to Supercharge the Dollar, Bolster U.S. Economy » Senator Cynthia Lummis Cynthia Lummis Unveils Bitcoin Strategic Reserve Bill - YouTube Senator Cyn…

Highlights from the Bitcoin 2024 Nashville conference. I monitored the conference, so you don't have to. The story behind the news made at the event. Affiliate LINKS: 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling Links: Trump proposes strategic national crypto stockpile at Bitcoin Conference US 2024 Election: Trump Plans Bitcoin (BTC) Strategic Reserve, RFK Jr. Says - Bloomberg 🇺🇸 Senator Tim Scott says, "Bitcoin’s future has to be in America. 🇺🇸 US Senator Bill Hagerty explains why he loves Bitcoin at the Bitcoin 2024 Conference in Nashville U.S. Congressman Ro Khanna says the U.S. needs to be leaders in Bitcoin “Let America lead” Democratic Lawmakers Urge Pro-Crypto Stance in Open Letter to DNC Democrat politicians have written a letter to the DNC Kamala Harris campaign reaches out to crypto industry Music: Politics Be Damned