This Week in Bitcoin – Details, episodes & analysis

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• 🇺🇸 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

• 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

• Free by Tony Salomone

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

• 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".

• The Lightning Network, Explained. Bitcoin has a frequently cited… | by Blockchain.com | @blockchain | Medium
• Bisq - A decentralized bitcoin exchange network
• Learn RoboSats

• Fountain 1.1 - Open Social Podcasting Powered by Nostr
• Release v0.9.0-rc1 · ZeusLN/zeus
• Anatomy of Bitcoin

• Swamp Thing by Abel James

• Buy Sats on River
• The Bitcoin Company

• 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

• 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
• BitBanana: Lightning Node Management for Android

• T-Mobile mining Bitcoin soon
• Telecom Giant and T-Mobile (TMUS) Parent Deutsche Telekom Plans to Mine Bitcoin

• Runnin’ by Charley T

• 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.

• Give My Life by Minno

• 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
  
  

• Red Light By: Tony Salomone

• 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

• 🧡 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

• Tip Toe by Jack Holliday

• 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

• Element Zero by Reel Richard

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

• 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 

• 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”

• Self Destruct by The Trusted

• Epic halving sat Bidding
• Samourai Wallet Founders Arrested and Charged With Money Laundering
• Southern District of New York | Founders And CEO Of Cryptocurrency Mixing Service Arrested And Charged With Money Laundering And Unlicensed Money Transmitting Offenses | United States Department of Justice
• [bitcoindev] Adding New BIP Editors
• El Salvador’s Chivo Wallet Source Code & VPN Access Leaked

• WalletScrutiny - Know your wallet like you built it.
• Zeus v0.9.0-alpha1
• Jack Mallers on X: "Announcing Strike Europe 🇪🇺

• Buy Sats on River
  • Learn RoboSats
• AQUA Wallet
• Sparrow Bitcoin Wallet - Sparrow Wallet
• Green: Bitcoin Wallet on the App Store

• Play Guitar by Doerfel Family Bluegrass