Bitcoin Fortress

Weekly market update / outlook and weekly Bitcoin news: Top stories this week Ripples XRP token surges 96% after partial victory in SEC lawsuit IMF has not seen specific proposal on BRICS currency Cleanspark announces completion of Georgia expansion, surpasses 8 EH/s Blackrock application for spot Bitcoin ETF undergoes formal review by SEC Blackrock CEO Larry Fink:  Crypto will 'transcend any one...

Weekly market update / outlook and weekly Bitcoin news: Renowned investor Jim Rogers warns 'US is going to suffer' as dollar's value erodes further Blackrock CEO's turnabout on Bitcoin elicits cheers, skepticism of crypto cred Robert F. Kennedy Jr. invested up to $250,000 in Bitcoin after Miami's conference Salvadoran teenager becomes Bitcoin teacher, no longer earning '6 dollars a day' New Bitcoi...

Weekly market update / outlook and weekly Bitcoin news: Top stories this week Fidelity refiles for spot Bitcoin ETF joining peer institutions Coinbase will be surveillance partner for Fidelity, other Bitcoin ETF's refiled applications say FedNow "early adopter" list contains no blockchains, but some may integrate later The global race to CBDC's:  130 countries already exploring Crypto exchange Kra...

Weekly market update / outlook and weekly Bitcoin news: Top stories this week Study shows Bank of England's rising interest rates threaten 1.2 million UK households with insolvency Market regulator in Belgium orders Binance to suspend crypto services Coinbase wins Supreme Court rule in arbitration lawsuit What to know about crypto investing as regulators weigh the first spot bitcoin exchange trade...

Weekly market update / outlook and weekly Bitcoin news: Binance US asset freeze averted, Schiff says Fed destroyed US banking system, and more - week in review HSBC, Standard Chartered, and Bank of China pressured by Hong Kong to embrace crypto exchanges - next crypto hub? US court dismisses Bitgo lawsuit against Galaxy Digital Judge signs off on Binance, SEC deal to move all US customer funds, wa...

Weekly market update / outlook and weekly Bitcoin news: Binance, Coinbase, Robinhood:  a week of crypto crackdowns and regulatory fallout - week in review The US will find the 'right outcome' for crypto, eventually - Coinbase CEO US Senator revamps efforts for crypto regulations amid SEC lawsuits Binance's Nigeria unit ordered to halt 'illegal' operations by securities watchdog US Justice Departme...

Weekly market update / outlook and weekly Bitcoin news: Kenya Central Bank takes ambivalent stance on digital currency US House Republicans push for crypto oversight with bill to make SEC play ball Bitcoin miners gain support from Texas with two bills passed, one halted Blockchain Association files amicus brief in Coin Center lawsuit against US Treasury over Tornado Cash sanctions Looking into the...

Weekly market update / outlook and weekly Bitcoin news: Biden, Republicans strike tentative deal to raise US debt ceiling Moody's on de-dollarization:  rating agency labels US debt default a 'near term danger to the dollar's position' Bitcoin rises back above $27,000 after Hong Kong greenlights some retail crypto trading Bitcoin holds 200-week average as trader says 'inflection point' is here Worl...

Weekly market update / outlook and weekly Bitcoin news: Bitcoin Conference Miami Highlights: Robert Kennedy Jr. makes campaign debut at Bitcoin 2023:  'free money is as important as free expression' Big Short author Michael Lewis on the financial crisis, FTX and Bitcoins freedom from intermediaries Strike moves global HQ to El Salvador, expands to 65 countries Biden's 30% tax on Bitcoin mining 'is...

Weekly market update / outlook and weekly Bitcoin news: US Government faces 'significant risk' of default in June, Congressional Budget Office warns Sam Bankman Fried's ties to George Santos are just the beginning Gallup Poll:  Americans' preference for real estate, crypt plunges - fondness for gold skyrockets Bitcoin makes progress in clearing backlog but Lightning Network capacity and channels d...

Weekly market update / outlook and Bitcoin news: Fed reveals 722 banks reported unrealized losses over 50% of capital as concerns over US banking crisis grow Texas House advances gold-backed digital currency bill Montana passes bill protecting Bitcoin from unique requirements New York Attorney General seeks new crypto powers for state regulators Bitcoin provides insurance against fiat currency fai...

Weekly market recap / outlook and weekly Bitcoin news: Why everyone is keeping a close eye on Mt. Gox and US Government Bitcoin wallets If US defaults on debt, Bitcoin could rise nearly 70%, says Standard Chartered analyst US House will have crypto bill in 2 months Zimbabwe's de-dollarization:  Central Bank to issue gold-backed digital currency in early May US Senator Ted Cruz:  "I like BTC for th...

Weekly market update / outlook and weekly Bitcoin news: Treasury Secretary Yellen says US government will take 'any steps necessary' to preserve its financial dominance Global reserves held in US dollars fell to less than 50% - official state is has become 'toxic' currency Russia to work with digital currencies of other nations Economist Peter Schiff warns 'death blow' coming for US dollar - USD t...

Weekly market update / outlook and weekly Bitcoin news: Robert Barnes on dollar demise The fall of Medici Bank:  lessons on fractional reserve banking from 15th century Italy CBDC debate heats up:  BIS project sparks controversy among critics; Lynette Zang warns of danger of CBDC's US House committee publishes draft of stable coin bill Silk Road Bitcoin thief, once worth $3.4 Billion, receives one...

Weekly market news / outlook and weekly Bitcoin news: 1st nuclear powered Bitcoin mine in US reports 9,000 facilities energized in Q1 Bill protecting Bitcoin mining rights passes in Arkansas Senate and House US Treasury warns DeFi is used by North Korea, scammers to launder dirty money US dollar's greatest enemy as reserve currency is the Treasury Economist Peter Schiff advises 'Get rid of your US...

Weekly market update / outlook and weekly Bitcoin news: The RESTRICT Act creates blanket authority, with few checks to ban just about anything linked to a 'foreign adversary' Peter Schiff warns of US dollar devaluation and 'biggest economic disaster' in history Bitcoin country El Salvador's new bill offers tax breaks for tech investments US Government plans to sell 41k Bitcoin connected to Silk Ro...

Weekly market update / outlook and weekly Bitcoin news: Sternlicht:  "Economy is going to implode" Ackman:  "I fear we are heading for a train wreck" Gundlach:  Fed will cut rates substantially soon Draper:  2 payrolls' cash in Bitcoin Treasury Financial Stability Oversight Council held unscheduled, closed meeting Fed on Custodia Bank denial of application for full reserve bank How will Bitcoin ad...

Weekly market update / outlook and weekly Bitcoin news: Credit Suisse rescue plan may include nationalizing bondholder losses US midsize banks seek FDIC insurance on 'all deposits' for 2 years This crisis will define the future of money Peter Schiff:  Worse financial crisis than 2008 Balaji Srinavasan says hyperinflation happening now Fidelity Investments has opened Bitcoin trading to the public A...

Weekly market recap / outlook and weekly Bitcoin news: Banks Down?  That's why Bitcoin was created. Treasury Secretary rules out government bailout of SVB SVB under FDIC auction as calls for bailout grow Circle issues update:  prepared to stand behind USDC USDC vol lifts Bitcoin Coinbase premium to 3 year high Who failed SVB depositors? Joint statement by Treasury, Federal Reserve and FDIC Check o...

Weekly Market Update / Outlook and weekly Bitcoin news : Rise and Fall of Silvergate US Treasury CBDC Working Group India Central Bank CBDC alternative to cryptocurrency Bitfinex/ Tether falsified documents to access bank services British banks crackdown on Bitcoin and crypto access Binance US “unregistered securities exchange”: SEC staff Multicoin Capital hedge fund 91.4% loss Check out this week...

Weekly market update / outlook and weekly Bitcoin news: GBTC spot ETF approval: a boon for investors? Yellen: “Strong regulatory framework” for crypto, not looking to ban Global crypto rules coming? Or just for the G20? IMF: Misery Industry leader says more crypto regulation, including banning is on the table Twitter coin: LOL Gensler: “Everything other than Bitcoin” Check out this week’s blog pos...

Weekly market update and outlook and weekly Bitcoin news: Paul Pierce settles with SEC over shilling crypto scams Wyoming protects Bitcoin private keys in court SEC vs Paxos Robert Kiyosaki warnings Custodia CEO blasts government regulatory approach Nostr / Bitcoin op ed. Also check weekly substack link below for my Monthly Portfolio Update.   Substack:  Bitcoin Fortress Twitter:  Bitcoin Fortress...

Weekly market update / outlook and weekly Bitcoin news. Also check out my weekly blog post (link in show notes).   Substack:  Bitcoin Fortress Twitter:  Bitcoin Fortress Books:  Amazon Author Page   Mentioned in this week's Podcast: https://bitcoinmagazine.com/technical/bitcoin-nfts-protocol-ordinals-50000-inscriptions https://www.coindesk.com/policy/2023/02/09/kraken-agreed-to-shutter-crypto-stak...

Weekly market update / outlook and weekly Bitcoin news.   Substack:  Bitcoin Fortress Twitter:  Bitcoin Fortress Books:  Amazon Author Page   Mentioned in this week's Podcast: https://bitcoinmagazine.com/business/bitcoin-miner-marathon-digital-sells-btc https://www.coindesk.com/business/2023/02/03/charlie-munger-hasnt-taken-the-time-to-study-bitcoin-microstrategys-michael-saylor/ https://news.bitc...

Weekly market update / outlook, weekly Bitcoin news.   Substack:  Bitcoin Fortress Twitter:  Bitcoin Fortress Books:  Amazon Author Page   Mentioned in this week's Podcast: https://cryptonews.com/news/bitcoin-mining-network-hits-new-record-hash-rate-above-300-ehs.htm https://www.coindesk.com/policy/2023/01/27/white-house-calls-on-congress-to-step-up-its-efforts-on-crypto-regulation/ https://news.b...