Welcome to Inflation Valley
This Week in Bitcoin ·
Assets are soaring, but the real economy is crumbling. What gives? I'll break it down. Plus: Bitcoin's lifeline for small businesses, Liz Warren's crypto crackdown sparks outrage, and the Trump Coin crashes and burns.
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Links:
• Crude Oil - Price - Chart - Historical Data - News (https://tradingeconomics.com/commodity/crude-oil)
• MicroStrategy sets sights on $1T valuation as bitcoin bank (https://finance.yahoo.com/video/microstrategy-sets-sights-1t-valuation-204402831.html?guccounter=1)
• MicroStrategy price target raised to $225 from $173 at Barclays - TipRanks.com (https://www.tipranks.com/news/the-fly/microstrategy-price-target-raised-to-225-from-173-at-barclays)
• MicroStrategy Shares Hit New 52-Week Highs Before Pulling Back: Here's What's Going On - MicroStrategy (NASDAQ:MSTR) - Benzinga (https://www.benzinga.com/news/24/10/41320228/microstrategy-shares-hit-new-52-week-highs-before-pulling-back-heres-whats-going-on)
• Metaplanet shares jump 16% after buying 107 Bitcoin (https://cointelegraph.com/news/metaplanet-stock-jumps-after-107-bitcoin-buy)
• Metaplanet Bitcoin Treasury Reaches $56 Million With Latest BTC Buy - Decrypt (https://decrypt.co/286295/metaplanet-bitcoin-treasury-reaches-56-million-with-latest-btc-buy)
• Warren, Deaton spar over crypto in first debate for US Senate seat (https://cointelegraph.com/news/elizabeth-warren-john-deaton-spar-over-crypto-senate-debate)
• Trump-Touted Crypto Website Crashes as Token Sale Goes Live, With Just 1.7% of Target Sold (https://www.coindesk.com/markets/2024/10/15/trump-familys-world-liberty-finance-token-sale-appears-to-go-live-selling-220m-wlfi-in-minutes/)
• Trump's crypto coin on sale with Election Day just three weeks out (https://www.cnbc.com/2024/10/14/trump-crypto-coin-world-liberty-election-harris.html)
• Craig Wright files lawsuit against BTC Core and Square without barrister (https://protos.com/craig-wright-files-lawsuit-against-btc-core-and-square-without-barrister/)
• Craig Wright tries again: £911 billion lawsuit against Bitcoin Core and Square (https://atlas21.com/craig-wright-tries-again-911-billion-lawsuit-against-bitcoin-core-and-square/)
• Mayor of Rockdale: 'Bitcoin saved the town's economy (https://www.statesman.com/story/opinion/columns/guest/2024/10/07/rockdale-mayor-bitcoin-mining-revived-community-texas/75511247007/)
• Mayor of Rockdale says Bitcoin mining saved the town’s economy (https://www.cryptopolitan.com/rockdale-mayor-bitcoin-saved-town-economy/)