From White Paper to Winner

This Week in Bitcoin ·

Bitcoin's sweet 16 has never looked better. This week, I'll unpack the hard data behind the new wave of adoption that's transforming magic internet money into mainstream reality.

Affiliate LINKS:

• 🇺🇸 Buy Sats on River (https://partner.river.com/jupiter) - The best way to stack in the US

• 🇨🇦 The Bitcoin Well (https://www.bitcoinwell.com/jupiter) - An amazing automatic self-custody Bitcoin platform

• ⚡ The Bitcoin Company (https://app.thebitcoincompany.com/signup?ref=JUPITER) - Spending your Bitcoin Via Lightning

• 🏦 Fold Card (https://use.foldapp.com/r/XNHPXTFC) - Pay bills Stack Sats

• 💵 SALT Lending (https://borrower.saltlending.com/register?referralCode=GkPQdbqWG) - Get access to your BTC Value w/out Selling

LINKS:

• BTC ETFs Record Massive $870 Million Inflows (https://www.coindesk.com/markets/2024/10/30/bitcoin-etfs-record-870m-inflows-as-btc-flirts-with-lifetime-highs/)

• BTC price risks new 'FOMO' top as Bitcoin ETF inflows near $1B daily (https://cointelegraph.com/news/btc-price-new-fomo-top-bitcoin-etf-inflows-1b-daily)

• Spot Bitcoin ETFs on track to overtak Satoshi Nakamoto's BTC holdings by year-end (https://cryptoslate.com/insights/spot-bitcoin-etfs-on-track-to-overtak-satoshi-nakamotos-btc-holdings-by-year-end/)

• IBIT took in more $$$ today than all but 7 of the 590+ ETFs launched in 2024 have taken in all year (https://x.com/NateGeraci/status/1851805640819163389)

• The market is getting even more concentrated (https://x.com/KobeissiLetter/status/1851239722229657636?t=kMZcK90reLnXUeA-jx2VgA)

• Microsoft to vote for or against "Assessment of Investing in Bitcoin" during shareholder meeting in December (https://x.com/BitcoinMagazine/status/1849559464900198463)

• CNBC reports on the soaring national deficit’s role in the election, noting that “neither politicians nor the public seem to care.” (https://x.com/BitcoinNewsCom/status/1851277273669783986)

• The US Treasury expects to drain $186 billion this quarter from its general account plus borrow $546 billion, and then borrow $823 billion in the first quarter of 2025. That’s $1.6 trillion of overdraft spending in the next 6 months. (https://x.com/jameslavish/status/1851105451154493889?t=SduCqK9MmUra7W2AVIemew)

• The Case for Bitcoin as a Reserve Asset (https://www.btcpolicy.org/articles/the-case-for-bitcoin-as-a-reserve-asset-2)

• This is a very bullish setup for bitcoin into the election, says VanEck's Matthew Sigel - YouTube (https://www.youtube.com/watch?v=QUJNIMh3sMA)

• New FinCEN Alert Shows Cash, Smuggling Preferred Method For Hezbollah Financing (https://www.therage.co/fincen-alert-hezbollah-financing-cryptocurrencies/)

• Stephen Mollah Q&A - YouTube (https://www.youtube.com/watch?v=WJKwrs67zkY)

• Macroeconomist claims to be Satoshi, creator of ChatGPT, and Twitter logo designer (https://cryptobriefing.com/bitcoin-creator-claims-fall-short/)

• US Treasury says stablecoin growth is increasing demand for T-bills (https://www.theblock.co/post/323750/us-treasury-says-stablecoin-growth-is-increasing-demand-for-t-bills)

Music

• That Smile You're Wearing (https://podcastindex.org/podcast/7025679?episode=28261527231)