MISSION ACCOMPLISHED
This Week in Bitcoin · 
Job done! Didn't you notice? Inflation has been licked; the Yen carry trade is nearly wound down, and the fed is about to cut. What could go wrong?!
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Links:
• Wholesale inflation shows few warning signs. Fed interest-rate cut still on track. (https://www.marketwatch.com/livecoverage/ppi-report-for-july-wholesale-inflation-data-in-spotlight-during-rare-month-it-precedes-cpi/card/wholesale-inflation-shows-few-warning-signs-fed-interest-rate-cut-still-on-track--G83PvRGgeH8U7olPJtto)
• US PPI July 2024: Producer Prices Increased by Less Than Forecast - Bloomberg (https://www.bloomberg.com/news/articles/2024-08-13/us-producer-prices-increased-by-less-than-forecast-in-july?embedded-checkout=true)
• Credit Card and Auto Loan Delinquencies Surge in the Second Quarter – MishTalk (https://mishtalk.com/economics/credit-card-and-auto-loan-delinquencies-surge-in-the-second-quarter/)
• Thursday morning JP Morgan said 75% of the carry trade was unwound. (https://x.com/biancoresearch/status/1822682645287035161)
• NEW EVIDENCE THAT Kamala Harris WILL CONTINUE CRYPTO CRACKDOWN (https://x.com/intangiblecoins/status/1823338570104352884)
• Democrats launch 'Crypto for Harris' campaign to counter Trump’s industry appeal (https://www.foxbusiness.com/politics/democrats-launch-crypto-harris-campaign-counter-trumps-industry-appeal)
• Crypto executives clash with Democratic leaders in heated Zoom meeting (https://www.foxbusiness.com/politics/crypto-executives-clash-democratic-leaders-heated-zoom-meeting.amp)
• President Trump's 20 core promises to America - No Bitcoin on there (https://xcancel.com/GOP/status/1823019373403033993)
• Tim Pool on X: "The CIA invented bitcoin (https://x.com/Timcast/status/1819750402637635707)
Projects:
• Lightning.Pub (https://github.com/shocknet/Lightning.Pub#readme)
• Justin (shocknet)⚡ on X: "Huge milestone ⚡️ (https://x.com/shocknet_justin/status/1815892159746183207)
• Mutiny Wallet is Shutting Down (https://archive.is/UwAUU)
• Olympus by ZEUS x Lightning.Pub integration (https://blog.zeusln.com/olympus-lightning-pub-integration/)
Final Clip:
• Bitcoin: Global Utility w/ Alex Gladstein - YouTube (https://www.youtube.com/watch?v=24waV3Fwvow)
Music
• 1night by Daddy NAT (https://podcastindex.org/podcast/6751084?episode=18165690894)