coming from Jeff Cox of CNBC

Federal Reserve Chair Jerome Powell spoke Thursday at the annual Jackson Hole conference convened by the Kansas City Fed, which was virtual this year due to COVID-19.

In the highly anticipated speech, Powell laid out a number of key changes to how the Fed approaches unemployment and inflation.

In a move that Chairman Jerome Powell called a “robust updating” of Fed policy, the central bank formally agreed to a policy of “average inflation targeting.” That means it will allow inflation to run “moderately” above the Fed’s 2% goal “…

Today we discuss Bitcoin and Ethereum Debate

What seems to be an never ending battle between Ethereum and Bitcoin followers, Peter McCormack had a chance to discuss the complex mechanisms of Ethereum 2.0 along with some other philosophical differences between ETH and BTC with two very important guests. Vitalik Buterin of the Ethereum Foundation and Samson Mow, CSO of Blockstream. Vitalik Buterin has openly admitted in the past and on this episode of the complexity of Ethereum 2.0 from a technical perspective. He said that the Ethereum team did not expect this level of complexity when he first envisioned the…

The release of Thriller Crypto's first audiobook is released. It is called, One Satoshi at a Time: How Bitcoin Will Change The World. Total runtime is just about 3hrs 54min. Please make sure to share with everyone you know. There are so many ways to get access to it SoundCloud, Bandcamp, IPFS, Torrent, Direct Download and even Skynet 🤓

Attached is the Preface & Introduction to the book.

Thats right head over to BitcoinAudioBook.com to get your copy or listen to it there.

This is so exciting and its sure been a long time coming…

This week, MicroStrategy chose to invest $250 million in Bitcoin.

coming from CoinDesk

Publicly traded business intelligence firm MicroStrategy purchased 21,454 bitcoin on Tuesday, effectively pouring all $250 million of its planned inflation-hedging funds into the digital currency.

Earlier this week, American software company MicroStrategy announced it was investing $250 million in Bitcoin to protect against inflation fears and a grim economic outlook. It was a major endorsement in the cryptocurrency space.

But it wasn’t always destined to be this way. Back in 2013, MicroStrategy’s CEO Michael Saylor, who led the announcement, predicted the death…

Today we discuss Bitcoin in August.

TradingShot Chart via Trading View

Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. The MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA.

The expected aggressive break-out finally took place and Bitcoin touched today (even exceeded it marginally) the Higher High trend-line of this Channel Up. It is therefore no surprise that it got rejected as technically this is were most short-term traders would take profits.

…

TradingShot Chart

The recent volatility and inability to make a new high and break above the $10500 Resistance, have made me look again on the wider Bitcoin charts. On this study I look on the 1W chart in particular and compare the current spot we are on based on the Fibonacci time channel of the previous Cycle.** The Fibonacci framework **The framework I use is this. I measure each Fibonacci Timeline from the Bottom (Fib 0) of the each Cycle until its Top (Fib 1). The 1st Cycle on this chart is from October 2011 to December 2013. The 2nd Cycle is from…

Today we discuss Bitcoin in July.

Bitcoin Market Health

Bitcoin's price took a tumble over the past week after climbing on Monday and Tuesday in the last couple days in June. The weekend saw it briefly brush below the $9000 mark before settling back up just above $9200.

Coin Metrics and where they are headed in July

Whats ahead…Watch for Facebook release of Novi wallet and $LBR digital currency, look for this to show up on Coinbase shortly after.

Important information from Ryze…Venmo and PayPal To Enable Bitcoin Buys and…

…

Bitcoin Down to Lowest price since May

Its low of $8,975 this week is the lowest Bitcoin’s been for just over a month; the last time Bitcoin’s price was this low was on May 27.

TradingShot Chart

The important of the 1D MA200 and MA1000 Back then, when the RSI broke 38.00, Bitcoin tested the 1D MA200 for the first time in 6 months. In fact, if it wasn't for President Xi's speech on China and Blockchain on October 25th 2019, BTC would follow a smooth Channel Down all the way to a bottom on the 1D…

Unlike Bitcoin, which has stalled in the low-$9,000s, Ethereum-based decentralized finance (DeFi) has seen exponential growth over the past few weeks. DeFi’s growth has seen an intense recovery in the months since, however, with the total value locked within collateralized loans reaching fresh all-time highs earlier this week. One of the hallmark examples of DeFi’s current popularity can be seen while looking towards the recent launch of Compound. The token associated with the platform – COMP – has seen a parabolic price rise, but many investors are speculating as to why this hasn’t created an upwards tailwind for…