I’m back with a brand new episode of Bitcoin & Markets. Today I focus on bitcoin mining with the hashrate exploding and overnight repos from the Fed with liquidity drying up around the world. Of course, I give my predictions on price and opinions on the Bitcoin market as a whole. Love you listener. Consider supporting us on Patreon if you like the content.
I’m back with a great bitcoin episode, discussing price and a bearish contrarian take. The mining and developement in bitcoin. Lastly, I buzz around and give you some great news items you might not find on another podcast, including analysis of the Fed’s Powell speech today from Jackson Hole.
Huge news week this week. We talk about the Bitcoin price, of course, some Bitcoin mining news, and Layer 2 technologies really picking up pace on development, setting the stage for the next bull market. Next, I dive into Bitcoin Independence Day, the failing Federal Reserve, and finally bitcoin taxes and the IRS.
What a great week for Bitcoin. Congress grills Libra and talks bitcoin. Price is strong, but with a bit of downside risk. Altcoins continue to decouple, as they can’t keep up with bitcoin. As time goes on, the silly narrative that bitcoin is used for illicit exchange is going to explode in their faces.
On the macro side, the price of oil is dropping, so queue Iran FUD. It all comes down to the Fed at the end of the month.
Huge week this week in Bitcoin. We saw Facebook drop their whitepaper and other docs for their token Libra, Binance kicks out US customers, and the Fed refused to lower rates (yet). We cover all of that plus the fundamentals that are moving Bitcoin’s price.
This is a Friday Fundamentals episode, so we take a look at a lot of metrics from around the space and simple technical analysis. After that we discuss fake volume and overweight altcoins. Finally, we talk about Lightning Loop.
In this episode I concentrate more on the economics of Bitcoin versus the geopolitics I’ve been recently talking about.