Bitcoin's Bad Rap - The Scam Connection Exposed
This Week in Bitcoin Β·
A breakdown of Bitcoin credibility attacks this week, plus a review of some macro-sickness and the no-good, real lousy month for Bitcoin miners.
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Links
β’ Americans Are Really, Really Bullish on Stocks - WSJ (https://www.wsj.com/finance/stocks/americans-are-really-really-bullish-on-stocks-ceee798b)
β’ Economic & Market Update | J.P. Morgan Asset Management (https://am.jpmorgan.com/us/en/asset-management/adv/insights/market-insights/guide-to-the-markets/economic-and-market-update/)
β’ "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. (https://x.com/jameslavish/status/1831140417632710976)
β’ Government hiring is inflating jobs numbers. (https://x.com/KobeissiLetter/status/1830946338869067987)
β’ Ueda Reiterates That BOJ Will Lift Rates If Outlook Realized - Bloomberg (https://www.bloomberg.com/news/articles/2024-09-03/boj-ueda-reiterates-stance-of-lifting-rates-if-outlook-realized)
β’ Bank of Canada delivers third straight interest rate cut, bringing policy rate down to 4.25 per cent (https://ca.finance.yahoo.com/news/bank-of-canada-expected-to-cut-again-in-interest-rate-announcement-this-morning-110039182.html)
β’ Mining: revenues drop in August and difficulty at all-time highs (https://atlas21.com/mining-revenues-drop-in-august-and-difficulty-at-all-time-highs/)
β’ Bitcoin miners sold 2,655 $BTC over the weekend, worth around $154 million! (https://xcancel.com/ali_charts/status/1830513966365258163)
β’ CNBC reports that almost half of all corporate money raised for the presidential election is from Bitcoin and crypto. (https://x.com/bitcoinmagazine/status/1829557775204237635?s=12&t=E9EIlRX-vHxbQ8g23lQU3A)
β’ New FTC Data Shows Massive Increase in Losses to Bitcoin ATM Scams | Federal Trade Commission (https://www.ftc.gov/news-events/news/press-releases/2024/09/new-ftc-data-shows-massive-increase-losses-bitcoin-atm-scams)
β’ North Korea Aggressively Targeting Crypto Industry with Well-Disguised Social Engineering Attacks (https://www.ic3.gov/Media/Y2024/PSA240903)
Music
β’ Free by Tony Salomone (https://podcastindex.org/podcast/7000738)