This Week in Bitcoin

By Chris FisherBusiness News Investing Tech News

This Week in Bitcoin episodes

July 10, 2024The Next Banking Cycle
We're on the verge of a significant shift in Western Central Bank monetary policy, and I'll bring the receipts to back it up. Plus, some interesting data coming out of the Mt Gox and German government selling and a critical project update.
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 faces cooling job market and persistently high prices, Powell says to Congress | AP News
US economy no longer overheated, Fed’s Powell tells Congress
Fed Chair Jerome Powell says ‘some pain’ is on the horizon.
April, May revised down
German Government has sold 76% of its Bitcoin
Eric Balchunas on X
Mt Gox Repayment Plan PDF
Wasabi Wallet on X: "We have been informed that a coordinator named WasabiCoordinator is trying to slowly siphon funds from its users using a sophisticated attack.
Primal Android v1.0.3
BitfinexCelsius is going after over 5000 people that withdrew their money from Celsius within 90 days of their bankruptcy.
God Bless Bitcoin Documentary on X: "God Bless Bitcoin OFFICIAL TRAILER!
Music
Fiat Prison Blues by Brrreadfan
46 min
July 03, 2024Nothing Stops This Train
Fed Chair Powell shifts stance as a new economic picture sharpens. Plus, the new KYC disaster coming to US customers, project updates, and who is selling thousands of Bitcoins this week.
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**
Treasury, IRS issue final regulations requiring broker reporting of sales and exchanges of digital assets
Honeywell TH6320ZW2007
Lampo
harbor: Ecash management tool
BOLT 12 | This is how we bitcoin in the future!
Twelve Cash
Phoenix Wallet “New major release!”
Median new US home price in Bitcoin
Andrew Tate announcing his new Scam token
Meet up along the way: Spokane Meetup - No-Li Brewhouse, Sat, Jul 13, 2024, 4:00 PM | Meetup
MUSIC
Charlie by Kurtisdrums
56 min
June 27, 2024Miner Capitulation Gets Ugly
A few widow-makers hanging over Bitcoin this week, and the post-halving miner capitulation has begun. What we're starting to see, and why, when we look back, this will be remembered as a wild week.
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:
Travis Kling on X: "All at the same time
Hashrate continues to fall.
When Bitcoin drops to $62K it means miners enter limbo and the first circle of Dante’s Hell.
The miner capitulation is over—bitcoin’s next bull run begins. - YouTube
Bitcoin (BTC) Miner CleanSpark (CLSK) to Buy Peer Griid (GRDI) for $155M Enterprise Value
First-quarter GDP grew a soft 1.4%, but the U.S. economy might have more ‘spring’ in its step - MarketWatch
Fed Rate Cuts Latest: Favorite Underlying Inflation Gauge Is Seen Cooling - Bloomberg
Dashboard | Truflation
California Reveals All Job Gains In 2023 Were Fake
Yahoo News clip
Carl Louis on X FDIC Thread
Muntiny Wallet: Updates after DNS issues
Strike launches in the UK following European rollout
Jack Dorsey & Lyn Alden | The Power of Open Source - YouTube
BBC coverage of Bitcoin since 2013
Nostr:
Find my Nostr Public Key at ChrisLAS.com
MUSIC:
Live While I’m Alive by Abel James
53 min
June 19, 2024Fresh Summer FUD and Macro Mess
Bitcoin under fire: New mining attacks miss the mark, why Bitcoin’s price stalled, and the critical flaws in Bitcoin Core and LND.
Sponsor: http://podhome.fm
Promo Code: TWIB
Affiliate LINKS:
Buy Sats on River
The Bitcoin Company
LINKS:
U.S. national debt will reach $50 trillion by 2034, CBO projects
Billionaires U.S. 2023 | Statista
Main reason why rates will get cut regardless of where inflation will stand.
Credit card defaults from small lenders have hit RECORD levels
Housing defaults have just hit the highest levels since 2011
OG whales have sold over 50,000 $BTC in the past 10 days, totaling approximately $3.30 billion.
https://thebitcoinhole.com/hardware-wallets
Boltz exchange swap blog post: https://blog.boltz.exchange/p/dispatching-chain-swaps
US SEC ends Consensys investigation into Ethereum 2.0
Consensys on X: The SEC has notified us that it is closing its investigation into Ethereum 2.0
Energy FUD:
Lieutenant Governor Dan Patrick Attacks Bitcoin Mining with FUD
Bitcoin mining, AI data centers increasing demand on Texas power grid, leaders say - YouTube
Oklahoma Governor signs bill into law that exempts Bitcoin miners from sales tax on electricity bills
Oklahoma Governor Signs Bill Exempting Sales Tax for Bitcoin Mining
JUST IN: Cambridge publicly acknowledges that the age of their Bitcoin mining data leads to “an overestimation in our emission estimates by ~25%”
BEEST (Bitcoin Energy & Emissions Sustainability Tracker)
Bitcoin Core v27.1: Bug Fixes & Performance Improvements
LND Versions Prior to v0.17.0 Vulnerable to LND Onion Bomb DoS Attack
58 min
June 13, 2024No Cuts for You
A new must-pass bill gives the President of the United States the power to block any Bitcoin transaction. Also, thoughts on the Fed rate and why Bitcoin Miner Bitfarms is preparing a “poison pill” strategy.
Sponsor: http://podhome.fm
Promo Code: TWIB
LINKS:
New law grants US president power to block digital asset access
Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off
Text - S.4443 - 118th Congress (2023-2024): Intelligence Authorization Act for Fiscal Year 2025 | Congress.gov | Library of Congress
Powell Admits The Biden Admin Is “Overstating” Jobs
Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000
Wall Street Admits The Biggest Economic Shocker: All Jobs In The Past Year Have Gone To Illegal Aliens
Bitfarms Adopt ‘Poison Pill’ Strategy to Fend Off Hostile Takeover by Riot Platforms (UPDATED)
The decision follows Riot Platforms’ recent disclosure that it has acquired a 12% stake in Bitfarms, as well as a rejected $950 million acquisition offer.
Music
Give My Life by Minno
17 min
June 07, 2024Bitcoin Gets Ready to Feed
Inflation be damned, central planners have decided to lower the cost of money. How the banks lowering rates impacts Bitcoin. Plus, the shocking stats of the Bitcoin ETFs, project updates, and more.
Sponsor: http://podhome.fm
Promo Code: TWIB
Links:
Canada becomes first G7 nation to cut interest rates
Bank of Canada Cuts Interest Rates to 4.75%, Signals More to Come - Bloomberg
European Central Bank cuts interest rates, diverging from the Fed
ECB cuts rates as it raises its 2025 and 2026 inflation forecasts.
ECB Raises Inflation Forecast For 2024 And 2025
Bitcoin - BTC Price, Live Chart, and News | Blockchain.com
Bitcoin Address | Wallet Lookup - Blockonomics
US President Joe Biden vetoes SAB 121 repeal
Riot Platforms Acquires 9.25% Stake in Bitfarms Following Rejected $950M Takeover Offer
Bitcoin (BTC) MIner Core Scientific Rejects CoreWeave’s $1B Buyout Offer
SimpleX blog: SimpleX network: private message routing, v5.8 released with IP address protection and chat themes
SimpleX Chat v5.8: Private Message Routing
Citadel Securities, BlackRock back Texas stock exchange project
Music
Red Light By: Tony Salomone
43 min
May 31, 2024The Stagflation Scenario
The increasing probability of Stagflation might cut Bitcoin's post-halving bull run off at the knees; my thoughts on the Ethereum ETF and why I'm getting skeptical of the political "tone shift."
Links
April pending home sales hit lowest level since start of pandemic
This morning’s revised data show the gov’t is basically “buying” GDP w/ debt, but getting only 50 cents on the dollar - worst deal ever…
United States M2 Money Supply is now positive YoY for the first time since November 2022.
Germany’s industry in decline - a giant is falling \ stacker news ~econ
SEC approves rule change to allow creation of ether ETFs
Ethereum ETF to Get 20% of Bitcoin ETF Flows
As crypto cash floods Washington, Congress eyes gentler regulations - The Washington Post
President Biden Announces Presidential Delegation to the Republic of El Salvador to Attend the Inauguration of His Excellency Nayib Bukele | The White House
Biden campaign ramps up crypto industry outreach in surprising tone ‘shift’ | The Block
faradayfedora’s Shakepay Link
STUDY: The Personality and Motivational Characteristics of Bitcoiners
🧡 Bitcoiners tend to be intellectually curious and emotionally stable
🌎value personal growth, relationships, community over material possessions
📈Scored significantly higher in financial literacy than the general population
Saifedean Ammous on why Bitcoin is Finical Gunpowder
Music
Tip Toe by Jack Holliday
52 min
May 23, 2024Why Biden Just Flipped on Crypto
It's more than Trump. The three major shifts compelling the White House to halt their attack on the Crypto industry. Plus, the details around the new FIT21 bill that takes power away from the SEC, and why I think an Ethereum ETF might be bad for Bitcoin.
Sponsor: http://podhome.fm
Promo Code: TWIB
LINKS:
JPM Emly Choy Predsent and Chief Operating officer said:“The tone from the SEC has just changed literally overnight…The administration sensing some panic”
Financial Innovation and Technology for the 21st Century Act (H.R. 4763) - GovTrack.us
Operation Choke Point 2.0: How U.S. Regulators Fight Bitcoin With Financial Censorship - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application
Caitlin Long FULL TESTIMONY
Elizabeth Warren circled wagons around embattled FDIC chief Martin Gruenberg | Semafor
White House PDF SAP-HR4763.pdf
SEC Mandates Overhaul of Ethereum (ETH) ETF
President Biden and SEC Chair oppose major crypto bill hours before voting
U.S. President Biden Does Not Threaten Veto Against House Crypto Market Structure Bill, But ‘Opposes Passage’
https://relai.app/ (J’informatique's code: REL218932)
p2prights.org
The Peer-to-Peer Rights Fund Launched to Protect Open-Source Devs, Starting with Samourai Case
This Man Did Not Invent Bitcoin - The New York Times
Ripple’s Anti-Bitcoin Campaign To Promote CBDCs
Music
Element Zero by Reel Richard
49 min
May 16, 202410: Bitcoin's Next Battle
The surprising legal win Bitcoin scored this week and the brewing battle on the horizon. My three takeaways from the newly released Bitcoin 13F Filings, and great news for Bitcoin mining.
Sponsor: http://podhome.fm
Promo Code: TWIB
LINKS:
Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months in Prison in the Netherlands
Lyn Alden on X: “Criminalizing the mere development and publication of code is an ugly precedent. If published in a book or a blog, it would mean the book or blog is illegal. An illegal order of numbers and letters. Very different than actually using code maliciously.” / X
Sens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash charges
Casten, Foster, Sherman, Cleaver Introduce Legislation to Temporarily Prohibit Crypto Mixers | U.S. Congressman Sean Casten
Text of the Bill PDF
IBEX Pay Suspends Services in the United States
Asaf Givoli on X: “🚀🌊 #Bitcoin mining in 🇵🇾 #Paraguay just got greener! Using 💯% renewable 💧 hydro-power, we’re not just mining, we’re educating! Join the movement as we power up 📚 #BitcoinEducationacross Latin America. 🌱🙌 #GreenMining #CryptoFuture #BTC https://t.co/3zbz3k1ggv” / X
Daniel Batten on X: “Another nation state leader attests to the benefits of bitcoin mining Kenya has 10 GW of geothermal energy alone, 9 GW of which is completely untapped Bitcoin mining can unlock Kenya’s energy abundance, bringing renewable energy online that otherwise would have been unviable” / X
Bitcoin Archive on X: “BREAKING: 🇦🇷 Argentina to mine #Bitcoin using stranded gas with 1,200 bitcoin mining machines - Forbes 🔥 https://t.co/IWSxpH5okP” / X
Three takeaways from Bitwise CIO’s weekly memo to investors.
The State of Wisconsin Investment Board reports the following positions: BlackRock Bitcoin ETF: $99,167,688 (2,450,400 shares) Grayscale BTC: $63,687,310 (1,013,000 shares) This is a small part of a massive…"
bordalix/helm-wallet: The lightning wallet even your grandma can use
Music
I Need a Little by The Retrograde
50 min
May 01, 202409: The 7 Reasons Bitcoin Tanked
The seven reasons Bitcoin's price is tanked, updates on the Samurai Indictment, and why the godmother of Modern Monetary Theory thinks it's childish for governments to be held to budgets.
Sponsor: http://podhome.fm
Promo Code: TWIB
LINKS:
JPY/USD: Japanese Yen’s Slide and Dramatic Rebound Are Just the Start - Bloomberg
Japan is wrong to try to prop up the yen
Bitcoin (BTC) Trades At Slight Premium in Yen (JPY) Terms Amid Suspected BOJ Intervention
Yen Drops to 155 against USD. Currency Collapse at Work, -32% against USD since 2021, -50% since 2012 | Wolf Street
DOJ says Roman Storm did much more than just write code in response to defense’s dismissal motion | The Block
Microsoft Word - Tornado Cash Govt Opp to Motions vF.docx
Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bond
Alert on Cryptocurrency Money Services Businesses
Warren and Cassidy Send Bipartisan Letter to DOJ and DHS to Stop Crypto in the Illegal Trade of Child Sexual Abuse Material | U.S. Senator Elizabeth Warren of Massachusetts
Fed rate decision May 2024: Fed holds rate steady
Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square
Trampoline payments
Final Clip of the Week
Author Stehpanie Kelton goes on the Daily Show to make case for MMT and why governments shouldn’t have the same financial constraints of “businesses and households”
Music
Self Destruct by The Trusted
46 min

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Bitcoin, macro, markets, and the stories behind the headlines. This Week in Bitcoin breaks down what happened, why it matters, and what it means for Bitcoiners. New episodes every week.