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Lyn Alden On Bitcoin, Inflation And The Potential Coming Energy Shock

Lyn Alden, investment researcher and strategist with a keen eye on both crypto and traditional markets. Lyn Alden On Bitcoin, Inflation And The Potential Coming Energy Shock

Inflation at a high number, 5%, leaves investors and market observers jumpy. On top of that, many have a hard time believing the U.S. Federal Reserve’s narrative for inflation as outlined in the recent FOMC meeting. How is this inflation different from previous spikes?


The foreign sector has historically been a large buyer of Treasurys in structural trade deficits. In 2013, China stepped away from this practice and started investing in its own infrastructure and in other regions across the world. Even if other countries continue to invest in U.S. assets, it is increasingly in hard assets like stocks or real estate. Will the dollar weaken as the Fed is forced to be the primary buyer of U.S. Treasurys?

El Salvador’s commitment to bitcoin as legal tender is one thing, but what will the reality of this new currency look like? Bitcoin’s Lightning Network provides easy access and transaction speeds, so long as enough of the general population has access to smartphones.

Lastly, with the public’s attention captured by the current inflationary moment, what market features are getting underreported? Tune in to hear Alden’s perspective on what will have an unexpected impact in the upcoming cycles, including the potential for a significant energy shock in the years to come.

 

NLW

All right, Lyn, welcome back to The Breakdown. It’s great to have you back.

Lyn Alden

Thanks for having me back.

NLW

So, we were just talking about this a little bit, you know, what I really want to do on today’s show is just check in with you on a number of the different things going on right now. I think there’s a broad sense of shifting between phases or cycles, certainly within the Bitcoin, you know, market, but also just, I think that there’s maybe a larger shift going on as well in terms of how people are perceiving the macro landscape. And I think you’re uniquely suited to help us sort through that. And so I guess, as a way to start, let’s talk about inflation. Obviously, this has jumped onto people’s radars in a major way. And maybe just to start, you know, what’s your read on how much of what we’re seeing right now is so-called base effects? How much is transitory versus something that should be, you know, people should be paying more attention to?

Lyn Alden

Yeah, that’s a really good question. I think, you know, there are a few layers of inflation here, and some of those are more transitory where others are more sticky. And so, the base effects are a pretty big figure, like, for example, we saw roughly 5% year over year CPI print, this past month. And, you know, somewhere around 3% of that is, you know, if basically, if inflation did nothing abnormal over the past few months, and you just compared it to that May 2020 period, because that was a very low point for inflation, you’d have roughly a 3% year over year period, right, so, so maybe 3% of that is base effects. But that additional 2% was largely, you know, actual inflation. So that stimulus driven things that supply chain driven things, all sorts of problems like that. And so as we go into, you know, June, still has pretty low base effects, but as you go into July and August, especially, those base effects get harder. So the year over year numbers are likely to be lower than 5%. So 5% could be the peak for this particular, you know, kind of moment in time, and this is in year over year terms. Now, if you look longer term, I mean, the Fed’s long term target is about 2% average inflation the way they measure it, which is PCE. And, you know, right now, we’re above that. And if you even just say inflation indicators stop going up now, and they just kind of go flat, we would still be elevated by the end of the year. And so, by most metrics, we are running hot in many ways, but the rate of change is likely to cool off a little bit. Now, longer term, there are still multiple factors at play, they’re probably resulting in a more pro-inflationary environment. But they depend on a couple decision points. So, one big one, for example, is whether or not the U.S. continues to do more stimulus, like particularly in the form of infrastructure stimulus, right, so we’re past the fast-acting kind of adrenaline stimulus, we just kind of give out checks and stuff. But, a big question is whether now we’re going to have these kind of very large structural fiscal deficits, or where to go back to kind of a more baseline, you know, say 5% of GDP deficit, which is still huge, and in the kind of historical context, but it’s different than more of a, you know, kind of a multi trillion dollar infrastructure bill added on top of that, and so that’s kind of a big political question to watch over the next year or so. And then longer term, we’re also seeing a risk for potentially energy driven inflation. And so one of the areas that is still being sticky is higher energy prices. You know, ever since 2008, we’ve basically been in an oil and gas bear market, and especially the past five or six years. And so we’ve been in this period of oversupplied oil. And that’s because North American shale oil ramped up production faster than global demand kept going up. And so, we entered this period of structural oversupply. And, you know, basically oil drillers just kept drilling, even if they weren’t free cash flow positive, just low interest rates and new technologies came together, and they just, you know, they didn’t ask if they should, they asked if they could, and they could, and so they just kind of made a lot more oil. But now, due to just you know, 13 years of really bad returns for the oil sector, and then you know, you had the oil price crash in 2015, then we had the 2020 COVID. And then now you have ESG concern, so some pools of capital are just not putting into oil stocks at all. Now, CapEx is very, very low in the industry. And so you’re not really kind of, spending a lot of money to find new reserves or bring reserves up to supply. And so, you know, when you look at a few years, as global energy demand continues to grow and recover, especially from emerging markets. At this time, we’re CapEx is now very, very tight, we actually could see some kind of energy shortages in the years ahead, which would be the opposite type of regime that we’ve been in for the past decade. And so if that were to take place, that would give us another leg up in inflation. And so I think when you take into account, wage growth, some degree of reshoring, or kind of a flattening out of globalization and potentially slightly, you know, kind of a slight reversal of globalization. And then you include the possibility of energy shortages. I still think as we look out into the 2020s, we’re going to see more of these kinds of inflationary periods, most likely.

NLW

What it sounds like from your point of view on it is that a lot of that is sort of structural, and based on decisions that were made a while ago, right? You know, we talk a lot about the inflation conversation as it relates to what the latest FOMC meeting said, but it kind of think, the point that you’re making is that some of this is baked in, and it’s more just how it plays out.

Lyn Alden

Yeah, I mean, basically, when it comes to overall policymaker decisions, you know, we made mistakes decades ago by encouraging debt to get as high as it has. And doing some of the fiscal, some of the monetary policy we’ve done, and now the debt is this high, they find themselves with very little choice other than to, essentially, you know, financial repression. So, maintain industries that are below the inflation rate, and that’s obviously easier to do when you have an inflation rate that is above 2%. So, they want to hold rates around zero, and they want to have inflation kind of, run hot for a little period of time. And of course, they are, you know, policymakers, they want things to be kind of smooth, so they don’t want 9% inflation, but they want positive inflation that is above the interest rates, if possible. And and, and they don’t really have much of a choice. And so, my base case for a while is that we’re gonna, you know, the 2020s will be a period of, you know, certain inflationary spikes, without corresponding increases in the industry to, you know, kind of keep up with that. So, for example, we’ve seen, if someone bought a five year Treasury, this time last year, all of their interest payments for the past for the next five years of that bond are already outpaced by inflation. So unless we encounter a period of outright deflation, you know, in the years ahead, that bond’s already underwater. We’re gonna be at the case soon where someone bought a 10-year Treasury in 2020, especially the middle of 2020, when when interest rates are like, you know, 0.6%, the entire 10 years worth of interest payments will be outpaced, as soon as essentially the CPI is 6% higher than it was back then, which is not that far from now, it’s only a couple quarters away. And so I think that’s going to probably continue for a good chunk of the decade, where cash and bonds are going to be yielding rate levels that are below the prevailing inflation rate. But that inflation rate will have periods of being elevated due to either shortages or fiscal stimulus. And then ahead of periods of kind of returning to normalcy until you have another catalyst which could be infrastructure spending, could be energy shortages, things like that.

NLW

So you’ve, you’ve identified some kind of fiscal spending, infrastructure spending as a possible catalyst for more of this, which is sort of one side of the money equation. The other side is, of course, monetary policy. I’m interested in your take on how the Fed’s discussion of inflation is starting to shift and change, especially as for last week’s FOMC meeting, and two just more broadly, how constrained you feel like their policy options are, at this stage?

Lyn Alden

Yeah, so the Fed has been focusing on the idea of inflation being transitory for a while, so they’ve had a couple goals. One is, you know, so they target 2% average PCE, which is their measure of inflation, and we can talk about all the different shortcomings of that, but that’s what they’re looking for. And over the past 10 years, nine years, really, because they kind of formalized that target back in 2012, but the past nine years, they’ve on average, undershot 2%. So, the way they measure it is average, more like 1.5% or so. And it only touched 2%. A couple times, mostly it’s been below that. And so, they want to go back and say, okay, we want inflation to run hot the way we measure it for a period of time, we want to run at 2.5%, or even 3%, for a little while, to kind of, you know, in hindsight, look back and see that we average 2%, based on the way we want to do it. And so they’re in that mode right now. But, when they start seeing, you know, 5% prints, and that’s not with PCE, but that’s the CPI. PCE is also elevated, when they start seeing that kind of print, and we when you kind of see inflation kind of get into the popular narrative, you know, they are a little bit concerned about that. And so they were kind of playing down how big inflation would rise. And they’re also kind of emphasizing to be transitory. But now they’re admitting that it’s probably a little stickier than they thought, right. So, some of the Fed officials are admitting that, you know, it might be less transient than they thought. And so, they got a very, very slight hawkish shift in the previous FOMC. Meeting. And so it’s kind of funny how small it was basically, they they tweak some of the near term rates, they didn’t actually raise interest rates, but they basically increased rates on on repos and interest on excess reserves, which is basically a way to try to make sure that that that T bill rates don’t go negative, right. So that was one thing they did, that’s really the only change they made, however, in their projections, different FOMC members have different projections for what they think interest rates are going to be in the next few years. And we saw that a couple of them, you know, starting to price in rate hikes a year earlier than previously thought. So those are still a couple years out. But they’re a little bit, you know, pulled forward more than the market was expecting. And compared to what FOMC members were previously forecasting. And so the market is now kind of pricing in, okay, when are they going to start tapering asset purchases, and then start kind of gradually raising interest rates. And so I do think at some point, they’re going to cut down on mortgage backed security purchases, that seems pretty unnecessary at this point. But it’s gonna be pretty tricky for the Fed to cut down on Treasury purchases, unless the Treasury, you know, unless we don’t get any more fiscal stimulus, if you don’t do any sort of infrastructure stimulus, and we lower the amount of treasuries that are issued, right, because, you know, right now, we’re just, we’re still issuing a regular rather large amount for this year, it’s very hard for the private sector to absorb that many that many treasuries. And so the Feds been a core buyer. And so basically, with debt levels as high as they are, and with Treasury instruments, as high as it is, it’s pretty challenging for the Fed to normalize interest rates without crashing the markets. And so they kind of find themselves where the trade stayed low, and that the spikes of inflation, you know, basically devalue cash and debt to a significant degree. Or, they can try to, you know, raise rates and taper to combat that, but then they risk pulling down asset valuations across the board. And because the market is so financialized, if asset price has a significant fall and stays there, that actually circles back and results in slower economic growth, like the tail wagging the dog, rather than the other way around.

NLW

It’s interesting, one of the things that you kind of brought up or alluded to, was the fact that there’s not the same sort of natural buyers for these Treasurys that there used to be, I noticed some that you’ve been paying attention to for a long time, the sort of larger secular shifts in how much of the Treasury market is being absorbed by, for example, foreign actors. I mean, what’s the story there? And maybe we can talk a little bit more about just kind of some of the emerging market stuff in general as well.

Lyn Alden

Yeah. So before it is neat, I mean, that, you know, most of the treasuries were purchased by various private sector actors, right. So, the Fed only bought a tiny amount for basically management purposes, they weren’t really significant buyers of treasuries. And so, you had a combination of U.S. households buying Treasurys, different types of funds, pensions, of course. And then, the foreign sector was a very large buyer of treasuries. And the way that worked was, because of the petrodollar system we’ve had in place since the 70s, the U.S. runs these structural trade deficits with the rest of the world. You know, those parties that get those dollars, those countries that get the dollars, they go ahead and reinvest those dollars back into U.S. Treasurys. And so, they build up their foreign exchange reserves, they hold a lot of treasuries, and so that’s been the cycle that has been in place for decades. But starting around 2013 or so, China said it was no longer in their interest to keep, you know, putting their surpluses back into Treasurys. And they said, instead of that, we’re going to go ahead with the Belt and Road Initiative. So we’re gonna start, you know, buying infrastructure, commodities and financing the growth of infrastructure across Eurasia, over into, you know, Latin America, even, basically a bunch of places around the world. And so, they started reinvesting those dollars into hard assets, rather than buying Treasurys. In addition, we’ve seen a general trend where even in other countries, they’ve been happy to put money into U.S. assets, but instead of buying treasuries, they’re buying equities, like Apple stock, for example, or they’re even buying single family homes and then renting those back to Americans. And so, we’ve seen this kind of, you know, continued asset purchase of American assets, but not necessarily the Treasury market, because, you know, these countries want to manage their reserves, some of them also have pension funds and things like that, like Japan has been a buyer of Treasurys. But, you know, they have to be careful about buying too many Treasurys, when the Treasury’s yielding below the inflation rate. So they’re, they’re basically parking money and assets that are no longer appreciating, and so there’s been less interest to do that. And so, basically, they find themselves now, where the Fed has been, you know, forced to become the primary buyer of U.S. Treasurys. And this is something that’s happening worldwide, so you know, you know, in Japan, the Bank of Japan is the biggest buyer of of JGBs. In Europe, the European Central Bank is the biggest buyer of most types of European sovereign debt, and so you have weird things happening, like five-year Greece bonds, you know, having negative yields, even though you know, they’re, they’re one of the higher default risks out there. I mean, just a few, just several years ago, we had the European sovereign debt crisis. And, you know, basically, that hasn’t really gone away, at least most of it. And so you know, Greece still has an extremely high debt to GDP ratio, and they don’t control their own money supply really, right, because they’re, they’re part of the European, you know, the currency. And so we’re in the situation where all around the world, countries are doing this. And the only difference for the United States is that, you know, we used to be different, we used to be the ones where other countries bought our debt. And now, we’re looking more and more like those other currencies, where we’re just kind of one among many, rather than having that special status of other countries happily buying our debt.

NLW

What are some of the implications of that, if this continues?

Lyn Alden

Basically, that it keeps the Fed as an active buyer of those Treasurys, and over time, that could result in a weaker dollar, which, ironically, can can, in some ways benefit the United States, right, because a strong dollar has been part of why we’ve had to export a large chunk of our manufacturing base at a faster rate than than Europe or Japan have, right. So it’s not just a developed market to emerging market phenomenon. It’s been specifically, you’re very much an American phenomenon as well, because we’re running this policy of having a currency that is kind of, you know, artificially propped up, that makes our exports less competitive, and our import power very strong. And so, that transition could be painful, but ultimately is more balanced if our currency becomes one among many, rather than this kind of central piece to the, you know, global financial system. So, I think over time, we’re probably looking towards, you know, a more diverse set of global reserves, right? So that’s already happening since you know, about the year 2000, where, you know, the dollar share reserves, even though we’re still by far the biggest currency in those reserves, our percentage is going down over time. And so they’re becoming a little bit more diversified and I think that trend is probably going to continue for the next, you know, 5, 10 years.

NLW

I want to come back to this question, I think it’s an interesting jumping off point for a discussion of CBDCs, and just sort of that interesting battle. one thing that I’ve had so many people ping me and asked me about, and I feel like it’s a perfect context to ask you is, one more dislocation or kind of, you know, interesting thing around the Fed, which is what’s going on in the repo markets. And so I know you spent a bunch of time over the last couple of weeks observing. And I think it’s at one point, you actually said that it was sort of the opposite of the problem that was happening in September 2019. So first, I guess, just a really brief, what, what are repo markets? What is their function? What do they tell us about the Fed kind of in general, or markets in general? And then what’s going on right now with them that’s starting to kind of crop back into headlines again?

Lyn Alden

Yeah, so the Fed operates these facilities to basically allow the private sector to convert cash and Treasurys back and forth. And those are the repos or reverse repos. And so if you look back and 2019, for example, when we had the repo spike, right, so that basically there’s an overnight lending rate between banks and institutions, and that spiked overnight, it was it was it went up to like, 7%, it was a complete, you know, basically micro disaster happening. It’s one of those things where the average person in the street wouldn’t know about it, but anybody working in financial markets was like watching, you know, the Titanic hit the iceberg. You’re like, what, what the heck was that? For over a year before then, the Fed was reducing their balance sheet, they were doing quantitative tightening. But then starting with that repo spike, the Fed had to come in and start supplying repos. And so basically, these institutions with T-Bills could give them to the Fed. And basically, you know, use those as collateral for liquidity. And so then there’s a bunch of analysts like myself saying, okay, you know, this is due to, you know, basically an oversupply of T-Bills compared to the amount of bank reserves in the system. And so basically, we ran out of buyers for those T-Bills. And so, the Fed is going to have to create new bank reserves to buy more T-Bills, essentially, they’re gonna have to start deficit monetization, even though that was late 2019. That was before the pandemic, that was before a recession. That was, you know, the economic growth rate was slowing, but we were still in an expansionary economy. And so it’s kind of awkward for the Fed to have to come in and essentially do quantitative easing, you know, when we were not in a recession. And so that was kind of a challenging narrative battle. For them, they call it not QE and said, we’re only buying T-Bills. And you know, so it depends how you kind of want to semantics, but basically, we had a problem: too many T-Bills, and not enough reserves. Now, what we’re seeing in 2021, is the opposite problems, where they’ve done so much quantitative easing, that banks are so stuffed with reserves, and the Fed has bought so many of the T-Bills, that there’s actually too many reserves relative to how many T-Bills there are. And T-Bills are an important part of the system, they use those as collateral. In many ways, they’re more valuable than cash for the financial system. And so basically, they’ve had to do reverse repos, where, you know, these institutions can put cash, with that institution, and they get T-Bills out of it. And so it’s kind of the exact opposite problem of 2019, we have too many reserves relative to T-Bills. And last time we saw this happen, was towards the end of quantitative easing three, the third QE program back in 2014. And that started to signal eventually, that the Fed would begin tapering and winding down that QE program, because they were already kind of, you know, effectively at the maximum amount of liquidity, right. So there’s so much liquid in the system, that some of that liquidity is actually being forced back into the Fed, because there’s nowhere else to put it. And so basically, any more liquidity at that point, doesn’t really kind of doesn’t really liquefy things anymore, it’s kind of like once you, if you’re already soaked, you’re standing out in the rain, you’ve been out there for an hour getting, you can’t get more wet than you already are. And so the system is kind of like that now, where there’s so much liquidity, it just, it just can’t hold any more liquid anymore, just flows back into the Fed. And so probably, what we’re gonna see, eventually, is reduction of mortgage-backed security purchases, and then we’ll see what happens with their Treasury purchases, that will largely depend on how much Treasury Department issues in the, you know, the years ahead, and part of why this has been happening in the past quarter in particular, you know, in addition to just, you know, just the amount of QE that’s happened over the past year, but it’s also because this past quarter, the Treasury drew down their Treasury general account. And so for people that are familiar with that, that the Treasury issues bonds, and they bring in cash, and they hold that cash at the Fed, and then as they spend over time they, they draw down that cash reserves. And so if they issue more bonds than they spend, that TGA goes up, and if they spend more than they issue bonds for, that goes down. And so normally, that’s a few 100 billion dollars. But in 2020, they brought that up to $1.8 trillion. And so it came time to normalize that, which means that they basically would have a period where they’re not issuing as many treasuries, but they’re still spending aggressively on all these fiscal programs. And so, that helped draw down the TGA. But basically, when that happens, means you’re not issuing a ton of T-Bills. And you’re putting all that TGA account essentially going back into bank reserves, right. So it was kind of held in this void on behalf of the Treasury. But now it’s actually going back into the commercial banking system reserves. And so that’s kind of you know, putting excess liquidity into the market. And so basically, as that process went underway, some of that spilled over into things like reverse repos.

NLW

One of the things that I’ve been thinking about a lot and observing is the extent to which the market seems not to be buying the narrative that the Fed is selling. And I wonder to what extent that is just my perception, because I’m paying much more attention to it than I have in the past. Because I have a daily podcast now, versus there is actually sort of a narrative loss, a loss of control around the narrative. And you know, I started to especially notice this a couple of months ago, when it felt like every time Powell said anything about, you know, “not even thinking about thinking about raising rates,” the market was just basically not buying it and was convinced that he was going to have to, and now, we sort of have this moment of them acknowledging that some aspects of inflation maybe not as transitory as they hoped, which is effectively acknowledging the narrative loss because of inflation, sort of self-fulfilling prophecy impacts. So I’m interested in your take, as someone who’s watched this for, you know, a longer period of time on whether this is sort of just part and parcel of the sort of normal ongoing Fed battles, or whether it does feel like there’s a loss of control of the PR tools that they have to keep the markets in line with what they want them to be.

Lyn Alden

So overall, I think they’ve actually been moderately effective at getting their message across and the inherent problem is how challenging their message is, because their message is that we want bond yields below the inflation rate for quite a while, and we don’t necessarily want you to sell your bonds. Right. So that’s a hard message to get across. And basically, you know, from a wall street perspective, you know, they’re trained so that if interest rates go up, we expect interest rates to go up. That’s how it’s worked for decades where the Fed, you know, if inflation goes above a certain threshold, they raise rates to help contain that inflation. That’s how it’s been working for decades and you have to go all the way back to like the, you know, the 1940s and 50s, to find a period where inflation ran very, very hot. And the Fed said, “Nope, we’re gonna hold rates near zero anyway.” And so, but that was the last time, for example, that we had debt as a percentage of GDP as high as we have now and the last time we ran deficits as a percentage of GDP as high as we are now. And of course, that was related to World War Two. What people don’t realize is, basically, the world war two spending, you know, large part of that ended up being stimulus, essentially, we basically stimulated the local, you know, the domestic economy to build all this stuff. And after the war, we transitioned it towards, you know, refactoring, towards domestic stuff, right? So instead of you made a ton of cars, and we said, “Okay, now we’re gonna make a ton of tanks and planes. Now we’re going to go back to making cars again, but now your industrial base is two and a half times bigger than it was.” So that was essentially kind of almost like an MMT program, then, of course, you had the GI Bill, you got millions of people trained and educated and given sort of mortgage assistance, all sorts of stuff like that. So it’s a very large domestic spending program in the grand scheme of things. Back then, they had very, very high federal debt to GDP. And they basically just had this decade where you’d get these, you get these big spikes in inflation, and the Fed would say, “Oh, well, we’re gonna hold in trade zero.” Because this is not bank loan driven inflation, we’re not trying to curtail bank lending. It’s just that all the inflation is coming from fiscal spending. And so rather than the Fed fight that, they’re just kind of let that run hot. And so we’re in this period now, where, you know, the types of inflation that we’re experiencing in the 2020s looks a lot more like that 1940 style inflation rather than the 70s inflation. So 70s inflation was driven primarily by increased bank lending on top of some fiscal deficit spending. But it’s really that combination that is very large. In large part it was bank lending driven and so the Fed would try to raise rates to curtail the growth of the money supply, whereas now because it’s very fiscal driven, the Fed can’t really push back on that. It doesn’t really have a good incentive to. And so their messaging is, inflation’s gonna run hot, we’re still gonna hold rates at zero, and you’re gonna have negative real rates. And you have to deal with that. And so they have to kind of spin that message and say, Oh, it’s inflationary, we’re going to let things run a little bit hot for a period of time. But we also, you know, in their FOMC meeting minutes, know, when they’re talking about why they’re purchasing bonds, they explicitly say they want to keep yields low, they want, including on the long end of the curve, if possible. And so we’ve had periods of time where you know, certain months where the Fed is really buying more treasuries that are being issued on net from the Treasury. And so they’re basically soaking up excess Treasurys. And so, they’re basically holding short rates at zero. And then they’re buying, they’re by far the biggest buyer of Treasurys. And that helps keep interest rates relatively low. It’s very challenging messaging environment for the Fed, they kind of ran into that same sort of message environment in late 2019, where, you know, they couldn’t say, “there’s just too many T-Bills, so we have to buy some of them.” Instead, they had to say, “oh, there’s like plumbing issues, there’s these technical matters that are happening,” you had to kind of, you know, put it in language, where you don’t just say we’re doing deficit monetization, you just have to kind of, you know, kind of soften that blow a little bit. And so that’s kind of what the Fed has been doing. And it is a really tough thing for them to be in. Right. So I think a lot of the mistakes were laid decades ago. And for example, I wouldn’t envy being in Jerome Powell’s position right now.

NLW

It’s super interesting point, I wonder to what extent you’re going to see then some of the narrative battles shift to other parts of the political sphere, where it’s sort of like the Stephanie Calkins of the world who are creating the narrative fodder, because in some ways, it feels like you’ve got two camps, broadly speaking, the batsh*t crazy, you know, to use the phrase that Paul Tudor Jones used on CNBC a couple of weeks ago, looking at markets, you know, where he said that he’s just waiting to see what what they do next, because that’s going to shape everything, versus sort of the, you know, a newer school of thinking that says this new normal isn’t something to be concerned about, you know, is that I mean, is that, is that how you’re seeing it play out? Or, are people still in more traditional camps than that?

Lyn Alden

Yeah, I do think that inflation is becoming a political tool that the different sides will use, and it makes it you know, if you’re looking at purely a kind of an effectiveness tool, it makes sense for them to use it, right, because you use whatever tools, you have to try to win over the other other side. And so, you know, for example, whenever you have a period of inflation there are going to be winners and losers. So for people that are receiving a lot of the aid, that is that is helping to contribute to inflation, they generally benefit from that. Whereas if you were a person or an institution, you structurally overweight bonds, or cash, you’re the one essentially paying for it, you’re essentially being the one taxed for that, right, because you’re being diluted. It’s like, you know, if a company issues equity, to fund something, and you’re a shareholder, but say the things that they’re funding are not necessary things, they’re going to benefit the earnings of the company, well, you’re just getting the dilution without the earnings. If you’re another party, if you’re an employee, maybe you’re benefiting from it. And so it kind of varies based on where you are in that ownership structure. And so we’re seeing now that, you know, you know, for parties that are in favor of another round of stimulus, they naturally want to play down inflation, they want to say it’s transitory, there’s, you know, supply issues that are temporary, is not due to the increase the money supply. And so there’s no problem doing another round. On the other hand, if you’re a party that wants to, you know, kind of push back on that right, say, for example, you know, the right now Democrats have, you know, they control the House, Presidency, they have a very, very tight Senate control, that they’re worried about losing and in 2022. On the other hand, Republicans are the out of favor party that you know, the ones that are kind of, you know, want to get back in control. And so there’s a natural thing where they want to say, No, no, this is inflationary, we need to stop the spending. And then they can hope, you know, from their perspective, they can, they can hopefully get back in 2022, and start that cycle anew. And so there’s naturally going to be the different parties using this, you know, how the public perceives inflation as part of either justifying certain programs or to push back on certain programs.

NLW

Yeah, it’s interesting, too. One of the things that I’m just kind of watching it, I don’t necessarily have strong feelings yet about how it plays out. But, the number of, I feel like there’s a corresponding growth in the people who pay attention to these types of issues as political issues that coincides with the number of people who are trading based on memes, like “Money Printer Go Brr,” right? I mean, it sounds sort of silly, but like, when you have, I don’t know a 10% increase in the number of people who consider themselves investors or who actually are allocated in equities markets and things like that, you probably have a corresponding increase in people who pay attention to these arguments which makes it more public salient, rather than sort of just some abstract Washington DC, you know, infighting right.

Lyn Alden

Yeah, I mean, I’ve been describing it there, we’re in a macro-heavy decade. And last decade was a macro-heavy decade and this decade’s, another macro-heavy decade. And what that means, essentially, is that, you know, the government’s in a position of choosing winners and losers. And so, you know, basically, you know, when you’re looking at Central Bank activities, or what sort of stimulus Congress is passing, you know, basically what investments you make will largely depend on what you think Congress is going to do, right? So if you didn’t have multiple trillions of dollars of stimulus, then the correct investments last year, it’ll be very, very different than the ones that ended up being the best investments, right. So maybe instead of being in some of these more inflationary assets, you would have stuck to more deflationary assets. But then the trap there is that, you know, a lot of people are coming in, but it is inherently a very challenging space. And it’s something that is particularly very sensitive to rate of change. And so for example, right when the inflation chorus reaches its peak, right, so right when we’re getting these 5% inflation prints, is right, also when we’re kind of a peak base effects, and we’re kind of starting to roll over a little bit. That’s when I think, you know, a lot of people that are kind of new to the space are then at that point really offsides? Because they’re in like the hyperinflation camp, right? And that’s not happening this year. And so then they’re like, Well, what do you mean Dogecoin is going down, right? So that’s where you get into these traps, right? Where people kind of pile in for the wrong reasons and the wrong asset at the wrong time, and the wrong everything. Then they get punished for that. So, it is a really challenging environment where I think it’s important for people to be aware of macro factors. But also, you know, make sure they really understand them before using them to justify investments that might not otherwise make sense.

NLW

Yeah, I think that’s a super selling point, and maybe a good shift over into Bitcoin and crypto markets. I guess I’d love your take on you know, how you see where Bitcoin is right now from more of a kind of an asset trading perspective, as well as I mean, a subset of that question, but to what extent, you know, Bitcoin or crypto markets in general, are subject to the same forces impacting equities and everything else right now.

Lyn Alden

Yeah, so basically, Bitcoin for the most part in its history has behaved like a risk on asset. And so when there’s liquidity in the system, when stocks are doing well, generally Bitcoin’s doing even better. Now, because it’s a smaller asset, and because it, you know, it’s only a 12 year old asset, it has been heavily correlated to its own adoption cycle, right? So kind of like how, you know, say, in its early days, Google could be immune to the economic cycle, because no matter what the economy was doing, Google was growing its market share, and it still is, in large part. And so Bitcoin has been like that for a while where you know, Bitcoin’s growing, but the price can obviously fluctuate substantially based on if there’s a liquidity event, right? So if the dollar spikes if liquidity is tight, Bitcoin is likely to sell off. On the other hand, if liquidity is very abundant, then Bitcoin can do very well. And of course, when Bitcoin’s doing well, people want to go out on the risk curve and buy like, you know, silly coins, and those kind of, you know, temporarily outperformed Bitcoin, but then when it when the, you know, come when the music stops, and there’s less liquidity and everything kind of corrects, those things go down a lot more, and not to hold their value for multiple cycles. And so, basically, Bitcoin’s benefiting from the long term adoption cycle, while still being generally a risk on liquidity driven asset, that is prone to sell offs when it’s not going in this direction. You know, another thing that I think is really kind of understated over the past few months, is how important Grayscale has been for bitcoin’s price action and the tactical sense. And so, for example, you know, the second half of last year, Grayscale was by far the biggest buyer of bitcoin. And so some of that was natural demand. But another part of it was that arbitrage trade, right, so Grayscale had a premium over Nav, and investors could buy in at Nav, so they could create new units of it, and they could short bitcoin elsewhere. And so, basically, that served as this program that kind of kept converting liquid bitcoins into illiquid bitcoins. And so even when that trade ended every six months, those bitcoins would stay in there and just be permanently illiquid now, and then traders could go and do it again and put another batch of bitcoin in there. And because we’ve had a rise in competition, right, so we have a Canadian Bitcoin ETF, we have other ways to access Bitcoin exchanges have gotten more and more usable. We have all sorts of ways to access Bitcoin now for institutions and individuals. So that Grayscale bitcoin trust went to having a discount to Nav and so that kind of closed that, you know, very aggressive kind of neutral risk free arbitrage trade. And so, Grayscale is no longer a buyer of bitcoin like they were. So essentially, the biggest buyer went away. As we started to see Bitcoin consolidating and kind of you know, not really making higher highs and then when you get the Ilan five when you get all the other fun now, we have now They’ve kind of tried trying to hash rate moving around. And so, you know, we’re seeing kind of a period of Bitcoin weakness. And I think in some ways this was due given how much euphoria there was, in things like Dogecoin, you know, things like Ethereum Classic, like, basically every every token under the sun was having these crazy vertical price action in 2021. And so now reality is kind of setting in, some of these tokens are crashing, Bitcoin that actually has the fundamentals is correcting, but it’s holding up better than, than those meme tokens and things like that. And so, overall, I don’t have a firm say, three to six month outlook, I’m kind of watching certain risk levels, right. So I was kind of watching to see if it breaks, you know, we started to have some rising action in recent, you know, weeks, as I was trying to see, if we break over, say, 42,000. So far, it’s kind of gone the other direction, kind of settled in the lower 30s for now. And so I don’t have any near term price action. But overall, what I’m doing is kind of watching the fundamentals of the space. So, watching development continue to happen on the Lightning Network, watching what’s happening with, you know, say El Salvador, watching what’s happening with some of the Layer 3 now stuff that’s out, watching what’s happening with this with this Bitcoin, you know, mining, migration, that’s, you know, potentially underway here. And so I think it’s a kind of a time to focus on the fundamentals and make sure they remain favorable, as for the price action, I think has, you know, it definitely has to start, you know, it has start proving itself to the upside in order to kind of regain that momentum right now, it’s kind of in that big consolatory phase.

NLW

I think one of the really interesting points that your Grayscale point, kind of reifies is, how much we’re either learning or being reminded, depending on who you are, that things that we attribute, largely to narrative are actually more about market structure, on both the way up and the way down, you know, where, where big run ups come from, in our brains, as well as institutions buying, you know, spot, but that’s not actually, you know, it’s these specific trades, like you mentioned, same way on the way down when I think the second round of the 18, China FUDs that we’ve had this year, whatever happened, and we’ve dropped from, like, 41, to 32, you know, to listen to people who are at trading desks and on exchanges and things like that talk about it, no one actually wanted to sell much below 39 or 40. It’s just they were liquidated, right. And so this move that was meaningful, but not devastating, became a, you know, a 30% move instead of a 7% move. And I think it’s an important reminder, I think, to not get too euphoric on the way up or too depressed on the way down. Speaking of the sort of El Salvador and lightning network, I noticed something you’ve been paying attention to, one, I would love your kind of impressions about El Salvador, and you know, what that might mean for for Bitcoin, but then two, you know, I’d love to get your take on how it could be, or whether it will be a force for really putting some momentum and excitement back in kind of lightning network development, which is, it’s been comparatively quiet to some other parts or aspects of the industry over the last year.

Lyn Alden

Yeah, I think overall, it’s good news. Right. So you know, basically, you know, we’ve had the whole story of expensive remittances to El Salvador is very reliant on remittances. And so anything that can lower that cost is helpful. And anything that can give people you know, banking when they don’t have banking and so there’s still challenges there to get more people to smartphones for example, because you know, the, the the population is under banked, but also under penetrated in terms of smartphones. But you know, potentially smartphones are a quicker thing to fix than than banking issues right? So if you get more people’s smartphoned-up, they can access things like you know, a Lightning wallet, they can now have kind of you know, basic banking services and so overall, I think that’s a good thing. And by making it legal tender, it decrease the friction for things that they can do, you know, when they get when they get the Bitcoin and they don’t have to rely on stable coins as much as they can interface the banking system with that in a better way, that can be a smoother process for them. And so it kind of enables that technology. I also think that you know, the potential for El Salvador looking into Bitcoin mining as a revenue source is interesting, right. So as part of the diversifies hash rate, if they can make it work financially, then that’s good. That’s good for them. You know, I think at the same time, Bitcoin should be careful about hero worship and always kind of wanting the next narrative, right. So I think they learned that lesson with Elon Musk, where they were super happy when Elon, you know, finally bought into Bitcoin. But then it turned out his narrative is kind of all over the place. He might have been pressured by, you know, outside entities, or his board, or whatever the case may be about, say some of the ESG narratives around it. And so, now he kind of backpedaled on, you know, Tesla’s support for Bitcoin. He’s also that he was out there pumping Dogecoin and other kinds of meme coins. And so they kind of, I think, regretted some of the status they gave him in the space. And so I think people have to think the same way that when they’re giving, you know, the president of El Salvador that kind of same treatment, where, you know, you have to realize El Salvador is still a very troubled country. You know, there’s, there’s, there’s questions about the way that they run the government, you know, to put it lightly. And so I think I think people have to be careful about saying, you can recognize a good thing. But you don’t want to get into the next trap of always kind of, you know, feeling you’re relying on one person to kind of drive the Bitcoin narrative. I do think overall, I think one of the stories of the Bitcoin conference, followed up by this El Salvador news, is that Lightning is starting to reach critical mass. And so you know, if you kind of look back in history there, I mean, it was it started, you know, it hasn’t exploded the same way that say DeFi has on Ethereum, right, because it’s inherently different purpose, Lightning doesn’t have that inbuilt incentive for using it as like a gamified token, you know, casino, right. So it’s basically this slower, more structural build out. And so it started as a white paper in 2015, then they had to do some standards, right. So the different companies could start kind of implementing Lightning, they were interoperable. And then, you know, the Segway update, they could start actually building Lightning on top of Bitcoin. But they’re, you know, the limitation of Lightning is that there’s, it’s all reliant on liquidity. And so there’s only a handful of nodes. It’s not a broadcast network. It’s like a channel network. And so that took a long time to build out, both the tools to allow that to make it easier, and for just more and more people to use it, more and more kinds of channels and nodes on the network. And so we’ve really kind of reached critical mass, starting late 2020, where it’s a pretty usable network for small transactions, and it’s kind of sufficiently liquid now. So we’re starting to see some killer apps come that actually kind of put that network to use and start to use that technology. This is one of those things where, you know, it can happen slowly, and then all at once, where you had a couple years of really building it out ever since it’s been, it’s been possible. But I think, you know, now I think we’re in a more exponential growth phase, most likely, where are the apps and the end users really starting to onboard on that. So exchanges are starting to use Lightning, because it’s cheaper. And we’re also seeing that, you know, it can be used for places like El Salvador and remittances. It can be used in, for example, games that are streaming lightning, you know, streaming stats, you know, based on rewards in the game. I think that’s kind of one of the takeaways of the conference overall, is that lightning is now, you know, pretty well developed, there’s still a lot to go. But it has come pretty far. And it’s really a usable network now.

NLW

Slight, slight detour, but I want to make sure to get your take on it before we wrap. I’m interested in your take on what’s different this time with China’s sort of anti Bitcoin, anti crypto actions, how much do you think it has to do with their CBDC? And just in general, how much you’re watching what’s going on with, you know, China’s CBDC Digital dollar, and that sort of emerging topic of conversation?

Lyn Alden

Yeah, so there are certainly people better than me that follow Chinese law closer than I do, and kind of understand the nuances more than I do. My interpretation, from people, they’re more knowledgeable than me in the space, is that this one came from, you know, the premier came from a higher source. This one is so far held more weight than than previous, you know, quote, unquote, China bans for mining. And so this one, as far as I can tell, seems to be actually resulting in hashrate shifting, which I think is in the long run good. It’s probably not ideal to have, you know, estimates of over 50% of a hashrate in any one country, right? You want it to be as decentralized as possible. At the very least it takes away one of the the the narratives that that bears would have the network that that China somehow controls it, it’s much harder to make that argument, if they have 40% or less of the hashrate, they’re right, or even, you know, if it goes down much lower than that, it’s even better. And so, there’s that kind of characteristic. Now, China, you know, there’s a couple factors at play. One is, you know, they, you know, I think they are somewhat concerned about, say commodity inflation, and some of the issues there, right. So, but I think that’s the smaller factor, I think the bigger factor is that they are pretty far along here on their central bank digital currency. And they don’t don’t really want to have competitors to that. And they don’t, you know, they want to have that kind of be as much used as possible in the years ahead. And so they’d rather have that surveillance token than a programmable token, rather than a decentralized token. And, you know, for the first in some ways it makes sense, because for example, China wants to go around the dollar based system, they want to be able to buy commodities without having to rely on dollars. And so we’ve been in this kind of weird situation for a while, where, you know, you know, structurally for decades, the dollar has been the only currency worldwide you can buy oil in and to a lesser extent, it’s mostly the only currency you can use to buy commodities in general. And for a while that sort of made sense. I mean, the United States was the biggest commodity importer. But once China surpassed the U.S. and became the biggest commodity importer, it’s awkward that they’re using this other currency to buy their own commodities, when in many ways, in many times, they were the biggest customer of whatever entity they were doing business with. And so they have a pretty strong incentive to want to be able to have a currency that is more efficient and can, you know, form their own roots, rather than relying on another country that could sanction them, they could cut off their circulation to access those payment channels. And so that part makes sense. The part of course, that people that value freedom are, I think rightly concerned about, is that all the other attributes that come with that currency. So, the ability to surveil it, the ability to shut off someone’s access to it, if they’re if for whatever reason, they’re not on the on the right side of the government, the ability to automatically deduct money from it, for example, like automatic taxation, or automatic fines or things like that. And so, yeah, I do think that’s a pretty big factor. And I think it’s, you know, sometimes it’s hard to read exactly what Chinese officials are thinking. And so again, I’m not the I’m not the most optimum person to kind of give insights into what China is thinking at any one time. There are people, you know, much closer to source, or that devote more of their time to follow in that market than I do.

NLW

know for sure. I think it’s just kind of one of these things where even if you’re not, it is forced itself to be in the list of things that we all have to pay attention to, at least a little bit, you know, because it’s sort of just becoming a bigger factor. It’s always awesome talking to you. I guess I just have kind of one more broad question as we wrap up, you know, is there anything that you’re watching that you think people are under indexing for, not really paying enough attention to, you know, housing prices? You know, I mean, it seems like everyone’s paying attention to that, you know, that we’ve had so many conversations this year about commodity prices, lumber supply, things like that, is there anything that people are sort of paying too much attention to or not enough attention to that that you think are interesting right now?

Lyn Alden

I think on one hand, people are starting to pay a little bit too much attention to this, this current inflationary moment, right, the current few months. I mean, it is kind of a notable moment, because for example, core inflation is the highest it’s been since 1972. So it’s certainly worthwhile to make headlines. I think people have to be aware of the base effects. And we’re, you know, kind of following that rate of change of terms a little bit. So I think it’s a little bit overplayed, even though it is a really real phenomenon. I think I then ironically, was, but a lot of you know, markets are underplaying the potential for energy shortages in the year ahead, years ahead. And, you know, this whole kind of period of ever since 2008, has mostly been an environment of oil oversupply. And then especially the past five, six years. And so that’s a pretty disinflationary force. Because if you look at commodity markets, now oil is, is by far the most critical commodity for the world in terms of how much money goes into oil, how much that to use compared to, you know, compared to the more niche things like even lumber and copper are big, and then you get down into others. But oil is really kind of the big one, especially because oil is used for getting those other commodities out of the ground as well. And so when oil goes up, it impacts other commodities. And so because you’ve been, you know, even in this past period, oil has gone up in the past year. But you know, compared to some of these other commodities that hit all time highs or tested previous highs, oil still is nowhere near its highs. And that’s because it has more structural oversupply that some of these others like because like, say lumber and copper and things like that. And so, you know, in the years ahead, because we have low CapEx, because we have ESG mandates and things like that, I do think we’re likely setting ourselves up for, you know, some degree of oil and gas shortage, when we look out a couple years. You know, we could get a taste of that, you know, later into the summer, I think, but then whether or not that materializes, you know, because at a parsh depend on lockdown decisions and variants of the of the virus and all sorts, you know, basically what, how much demand comes from emerging markets. But as we look out 2, 3, 4 years, I think that that becomes an increasingly probable period, where we’re going to get another inflation spike from oil. And that can be a lot rougher because it’s just, it’s a larger market than these other commodities.

NLW

Super interesting. Something to watch for sure. Lyn, like I said, always great to have you here. Can’t wait till the next time and really looking forward to seeing how these things play out.

Lyn Alden

Yep. Thanks for having me. And it’s you know, it’s always a challenging market, but we do our best to interpret what’s happening.

NLW

This is why we have a daily podcast. There is so much interest in that conversation, but I think the thing that strikes me most is the need to expand our horizons when we talk about things like inflation and market cycles. Part of the reason that I think Lyn is so even-keeled even in the gladiatorial ring that is Twitter, is that when she’s looking at these phenomena, she’s not thinking about just the latest headline. She’s thinking with decades and even a century or more of historical context, she can situate what’s happening now in much bigger and broader patterns. And I think that’s incredibly valuable. We heard about that today in the context of inflation and whether we should be really talking about these 5% numbers from just recently, or whether we should be looking at phenomena that are more likely to be problematic in the future, such as what seems to be the potential for upcoming energy shortage. I think especially in a world where we live headline to headline, tweet to tweet, that sort of analysis is absolutely invaluable. So I hope you enjoyed this show. I hope you enjoyed hearing from Lyn, she’s always a great guest. Until tomorrow guys, be safe and take care of each other, peace!

7-22-2021

Bitcoin Is Failing Its First Inflation Test As Selloff Deepens

Original cryptocurrency has lost about half of its value since mid-April.

Bitcoin’s steep selloff is undercutting the argument made by the digital currency’s proponents that it’s an inflation hedge.

The original cryptocurrency has lost about half of its value since mid-April, fizzling after a spectacular rally that saw it surge above $60,000 from around $7,000 at the start of 2020. It traded Wednesday afternoon at $31,864, and got a small boost after Tesla Inc. boss Elon Musk said he has personal holdings of the cryptocurrency, as does his space company SpaceX.

The timing is ironic.

Bitcoin’s supporters for years have touted it as an inflation hedge like gold, mainly because the bitcoin network has a set limit on the number of units that can be created: 21 million. Their argument hadn’t previously been tested, however, because inflation has largely been under the Federal Reserve’s 2% target since bitcoin’s 2009 launch.

Now for the first time in years, shortages of semiconductors, lumber and workers are putting pressure on consumer prices, sparking worries about inflation. At the same time, governments and central banks have been forced to spend trillions to prop up their economies, potentially sapping the purchasing power of their currencies.

The consumer-price index rose to 5.4% in June, its fastest pace in 13 years. And inflation measures in 49 countries have all been rising since the beginning of the year, according to the Center for Financial Stability, a New York-based nonprofit think tank.

Bitcoin is going in the other direction. The digital currency has fallen in five of the past seven days and is down 7.9% in July, extending its monthslong selloff. It is now up 10% in 2021.

“Bitcoin’s price swings seem to be largely disconnected from macroeconomic fundamentals, including inflation,” said Eswar Prasad, a professor of trade policy at Cornell University who has written extensively about currencies. “At the moment it is hard to see people buying bitcoin as an inflation hedge.”

Other markets are also bucking traditional patterns during inflationary periods. Gold is down 4.8% this year and 12% from August’s record. Government-bond yields have declined in recent weeks as well, suggesting investors are more concerned about slowing economic growth prospects than a surge in inflation.

Many investors have largely dismissed the gains in inflation, seeing them as skewed by short-term supply disruptions related to the reopening of the economy. Federal Reserve Chairman Jerome Powell and other policy makers have also maintained that they expect such gains to be transitory.

In bitcoin’s case, scarcity itself isn’t a stable source of value, Mr. Prasad said. Bitcoin, in fact, is more sensitive to regulatory changes and tweets from influential users than it is from inflation, he said.

“It’s a good asset if gotten at the right time as with any speculative boom,” Mr. Prasad said.

Many investors agree that speculation still appears to be the main driver of bitcoin’s price—people buy cryptocurrency because they believe they can sell it at a higher price in dollars later.

“It’s just like buying a lottery ticket,” said Leonard Kostovetsky, an assistant professor of economics at Boston College Carroll School of Management, of bitcoin. “Inflation is probably there for some people, but it’s way down the list” of reasons to buy.

The speculative drive can be seen in the volume of derivatives trading, in which traders aren’t taking physical possession of the underlying asset but are instead just betting on price.

The volume of trading in the crypto derivatives market is anywhere from five to 20 times higher than the volume of spot trading on a given day, a study from Carnegie Mellon University’s CyLab research group said.

The volumes are so large that the moves in the derivatives market to a large extent have driven the overall price action, the study concluded.

“It’s very, very significant,” Kyle Soska, a postdoctoral researcher and the lead writer on the CyLab report, said of the derivatives market. The liquidation of derivatives contracts alone can determine the price, he said, as happened in April when $10 billion of liquidations in a single day accelerated bitcoin’s selloff.

To be sure, the recent moves of both bitcoin and inflation are too brief to draw any conclusions, Mr. Kostovetsky said.

“It may be an inflation hedge some day, but not right now,” he said.

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Treasury Calls For Crypto Transfers Over $10,000 To Be Reported To IRS

Crypto Traders Can Automate Legal Requests With New DoNotPay Services

Bitcoin Marches Away From Crypto Pack In Show of Resiliency

NBA Top Shot Lawsuit Says Dapper’s NFTs Need SEC Clampdown

Maximalists At The Movies: Bitcoiners Crowdfunding Anti-FUD Documentary Film

Caitlin Long Reveals The ‘Real Reason’ People Are Selling Crypto

Microsoft Quietly Closing Down Azure Blockchain In September

How Much Energy Does Bitcoin Actually Consume?

Bitcoin Should Be Priced In Sats And How Do We Deliver This Message

Bitcoin Loses 6% In An Hour After Tesla Drops Payments Over Carbon Concerns

Crypto Twitter Decodes Why Zuck Really Named His Goats ‘Max’ And ‘Bitcoin’

Bitcoin Pullback Risk Rises As Whales Resume Selling

Thiel-Backed Block.one Injects Billions In Crypto Exchange

Sequoia, Tiger Global Boost Crypto Bet With Start-up Lender Babel

Here’s How To Tell The Difference Between Bitcoin And Ethereum

In Crypto, Sometimes The Best Thing You Can Do Is Nothing

Crypto Community Remembers Hal Finney’s Contributions To Blockchain On His 65Th Birthday

DJ Khaled ft. Nas, JAY-Z & James Fauntleroy And Harmonies Rap Bitcoin Wealth

The Two Big Themes In The Crypto Market Right Now

Crypto Could Still Be In Its Infancy, Says T. Rowe Price’s CEO

Governing Body Of Louisiana Gives Bitcoin Its Nod Of Approval

Sports Athletes Getting Rich From Bitcoin

Behind Bitcoin’s Recent Slide: Imploding Bets And Forced Liquidations

Bad Omen? US Dollar And Bitcoin Are Both Slumping In A Rare Trend

Wall Street Starts To See Weakness Emerge In Bitcoin Charts

Crypto For The Long Term: What’s The Outlook?

Mix of Old, Wrong And Dubious ‘News/FUD’ Scares Rookie Investors, Fuels Crypto Selloff

Wall Street Pays Attention As Bitcoin Market Cap Nears The Valuation Of Google

Bitcoin Price Drops To $52K, Liquidating Almost $10B In Over-Leveraged Longs

Bitcoin Funding Rates Crash To Lowest Levels In 7 Months, Peak Fear?

Investors’ On-Chain Activity Hints At Bitcoin Price Cycle Top Above $166,000

This Vegan Billionaire Disrupted The Crypto Markets. Now He Wants To Tokenize Stocks

Texas Crypto Law Proposal Has One Major Flaw In Regards To Bitcoin Loans/Liens Says Caitlin Long, CEO

Black Americans Are Embracing Bitcoin To Make Up For Stolen Time

Rap Icon Nas Could Net $100M When Coinbase Lists on Nasdaq

The First Truly Native Cross-Chain DEX Is About To Go Live

Reminiscing On Past ‘Bitcoin Faucet’ Website That Gave Away 19,700 BTC For Free

Bitcoin Nears Record Before Largest U.S. Crypto Exchange Coinbase Nears $100 Billion Valuation Listing

3X As Many Crypto Figures Make It Onto Forbes 2021 Billionaires List As Last Year

Bubble Or A Drop In The Ocean? Putting Bitcoin’s $1 Trillion Milestone Into Perspective

Pension Funds And Insurance Firms Alive To Bitcoin Investment Proposal

Here’s Why April May Be The Best Month Yet For Bitcoin Price

Blockchain-Based Renewable Energy Marketplaces Gain Traction In 2021

Crypto Firms Got More Funding Last Quarter Than In All of 2020

Government-Backed Bitcoin Hash Wars Will Be The New Space Race

Lars Wood On Enhanced SAT Solvers Based Hashing Method For Bitcoin Mining

Morgan Stanley Adds Bitcoin Exposure To 12 Investment Funds

One BTC Will Be Worth A Lambo By 2022, And A Bugatti By 2023: Kraken CEO

Rocketing Bitcoin Price Provides Refuge For The Brave

Bitcoin Is 3rd Largest World Currency

Does BlockFi’s Risk Justify The Reward?

Crypto Media Runs With The Bulls As New Entrants Compete Against Established Brands

Bitcoin’s Never-Ending Bubble And Other Mysteries

The Last Dip Is The Deepest As Wife Leaves Husband For Buying More Bitcoin

Blockchain.com Raises $300 Million As Investors Find Other Ways Into Bitcoin

Crypto Kids Camp

What Is BitClout? The Social Media Experiment Sparking Controversy On Twitter

Bitcoin Searches In Turkey Spike 566% After Turkish Lira Drops 14%

Crypto Is Banned In Morocco, But Bitcoin Purchases Are Soaring

Bitcoin Can Be Sent With A Tweet As Bottlepay Twitter App Goes Live

Rise of Crypto Market’s Quiet Giants Has Big Market Implications

Canadian Property Firm Buys Bitcoin In Hopes Of Eventually Scrapping Condo Fees

Bitcoin Price Gets Fed Boost But Bond Yields Could Play Spoilsport: Analysts

Bank of America Claims It Costs Just $93 Million To Move Bitcoin’s Price By 1%

Would A US Wealth Tax Push Millionaires To Bitcoin Adoption?

NYDIG Head Says Major Firms Will Announce Bitcoin ‘Milestones’ Next Week

Signal Encrypted Messenger Now Accepts Donations In Bitcoin

Bitcoin Is Now Worth More Than Visa And Mastercard Combined

Retail Bitcoin Customers Rival Wall Street Buyers As Mania Builds

Crypto’s Rising. So Are The Stakes For Governments Everywhere

Bitcoin Falls After Weekend Rally Pushes Token To Fresh Record

Oakland A’s Major League Baseball Team Now Accepts Bitcoin For Suites

Students In Georgia Set To Be Taught About Crypto At High School

What You Need To Know About Bitcoin Now

Bitcoin Winning Streak Now At 7 Days As Fresh Stimulus Keeps Inflation Bet Alive

Bitcoin Intraday Trading Pattern Emerges As Institutions Pile In

If 60/40 Recipe Sours, Maybe Stir In Some Bitcoin

Explaining Bitcoin’s Speculative Attack On The Dollar

VIX-Like Gauge For Bitcoin Sees Its First-Ever Options Trade

A Utopian Vision Gets A Blockchain Twist In Nevada

Crypto Influencers Scramble To Recover Twitter Accounts After Suspensions

Bitcoin Breaks Through $57,000 As Risk Appetite Revives

Analyzing Bitcoin’s Network Effect

US Government To Sell 0.7501 Bitcoin Worth $38,000 At Current Prices

Pro Traders Avoid Bitcoin Longs While Cautiously Watching DXY Strengthen

Bitcoin Hits Highest Level In Two Weeks As Big-Money Bets Flow

OG Status In Crypto Is A Liability

Bridging The Bitcoin Gender Gap: Crypto Lets Everyone Access Wealth

HODLing Early Leads To Relationship Troubles? Redditors Share Their Stories

Want To Be Rich? Bitcoin’s Limited Supply Cap Means You Only Need 0.01 BTC

You Can Earn 6%, 8%, Even 12% On A Bitcoin ‘Savings Account’—Yeah, Right

Egyptians Are Buying Bitcoin Despite Prohibitive New Banking Laws

Is March Historically A Bad Month For Bitcoin?

Suze Orman: ‘I love Bitcoin’

Bitcoin Falls 4% As Fed’s Powell Sees ‘Concern’ Over Rising Bond Yields

US Retailers See Millions In Lost Sales Due To Port Congestion, Shortage Of Containers

Pandemic-Relief Aid Boosts Household Income Which Causes Artificial Economic Stimulus

YouTube Suspends CoinDesk’s Channel Over Unspecified Violations

It’s Gates Versus Musk As World’s Richest Spar Over Bitcoin

Charlie Munger Is Sure Bitcoin Will Fail To Become A Global Medium Of Exchange

Bitcoin Is Minting Thousands Of Crypto ‘Diamond Hands’ Millionaires Complete W/Laser Eyes

Federal Reserve’s Wire & ACH Systems Go Down, Visa & Mastercard Raise Fees, Meanwhile, Bitcoin Works Just Fine

Dubai’s IBC Group Pledges 100,000 Bitcoin ($4.8 Billion) 20% Of All Bitcoin, Largest So Far

Bitcoin’s Value Is All In The Eye Of The ‘Bithodler’

Bitcoin Is Hitting Record Highs. Why It’s Not Too Late To Dig For Digital Gold

$56.3K Bitcoin Price And $1Trillion Market Cap Signal BTC Is Here To Stay

Christie’s Auction House Will Now Accept Cryptocurrency

Why A Chinese New Year Bitcoin Sell-Off Did Not Happen This Year

The US Federal Reserve Will Adopt Bitcoin As A Reserve Asset

Motley Fool Adding $5M In Bitcoin To Its ‘10X Portfolio’ — Has A $500K Price Target

German Cannabis Company Hedges With Bitcoin In Case Euro Crashes

Bitcoin: What To Know Before Investing

China’s Cryptocurrency Stocks Left Behind In Bitcoin Frenzy

Bitcoin’s Epic Run Is Winning More Attention On Wall Street

Bitcoin Jumps To $50,000 As Record-Breaking Rally Accelerates

Bitcoin’s Volatility Should Burn Investors. It Hasn’t

Bitcoin’s Latest Record Run Is Less Volatile Than The 2017 Boom

Blockchain As A Replacement To The MERS (Mortgage Electronic Registration System)

The Ultimate Resource On “PriFi” Or Private Finance

Deutsche Bank To Offer Bitcoin Custody Services

BeanCoin Currency Casts Lifeline To Closed New Orleans Bars

Bitcoin Could Enter ‘Supercycle’ As Fed Balance Sheet Hits New Record High

Crypto Mogul Bets On ‘Meme Investing’ With Millions In GameStop

Iran’s Central Banks Acquires Bitcoin Even Though Lagarde Says Central Banks Will Not Hold Bitcoin

Bitcoin To Come To America’s Oldest Bank, BNY Mellon

Tesla’s Bitcoin-Equals-Cash View Isn’t Shared By All Crypto Owners

How A Lawsuit Against The IRS Is Trying To Expand Privacy For Crypto Users

Apple Should Launch Own Crypto Exchange, RBC Analyst Says

Bitcoin Hits $43K All-Time High As Tesla Invests $1.5 Billion In BTC

Bitcoin Bounces Off Top of Recent Price Range

Top Fiat Currencies By Market Capitalization VS Bitcoin

Bitcoin Eyes $50K Less Than A Month After BTC Price Broke Its 2017 All-Time High

Investors Piling Into Overvalued Crypto Funds Risk A Painful Exit

Parents Should Be Aware Of Their Children’s Crypto Tax Liabilities

Miami Mayor Says City Employees Should Be Able To Take Their Salaries In Bitcoin

Bitcoiners Get Last Laugh As IBM’s “Blockchain Not Bitcoin” Effort Goes Belly-up

Bitcoin Accounts Offer 3-12% Rates In A Low-Interest World

Analyst Says Bitcoin Price Sell-Off May Occur As Chinese New Year Approaches

Why The Crypto World Needs To Build An Amazon Of Its Own

Tor Project’s Crypto Donations Increased 23% In 2020

Social Trading Platform eToro Ended 2020 With $600M In Revenue

Bitcoin Billionaire Set To Run For California Governor

GameStop Investing Craze ‘Proof of Concept’ For Bitcoin Success

Bitcoin Entrepreneurs Install Mining Rigs In Cars. Will Trucks And Tractor Trailers Be Next?

Harvard, Yale, Brown Endowments Have Been Buying Bitcoin For At Least A Year

Bitcoin Return To $40,000 In Doubt As Flows To Key Fund Slow

Ultimate Resource For Leading Non-Profits Focused On Policy Issues Facing Cryptocurrencies

Regulate Cryptocurrencies? Not Yet

Check Out These Cryptocurrency Clubs And Bitcoin Groups!

Blockchain Brings Unicorns To Millennials

Crypto-Industry Prepares For Onslaught Of Public Listings

Bitcoin Core Lead Maintainer Steps Back, Encourages Decentralization

Here Are Very Bitcoiny Ways To Get Bitcoin Exposure

To Understand Bitcoin, Just Think of It As A Faith-Based Asset

Cryptos Won’t Work As Actual Currencies, UBS Economist Says

Older Investors Are Getting Into Crypto, New Survey Finds

Access Denied: Banks Seem Prone To Cryptophobia Despite Growing Adoption

Pro Traders Buy The Dip As Bulls Address A Trifecta Of FUD News Announcements

Andreas Antonopoulos And Others Debunk Bitcoin Double-Spend FUD

New Bitcoin Investors Explain Why They’re Buying At Record Prices

When Crypto And Traditional Investors Forget Fundamentals, The Market Is Broken

First Hyperledger-based Cryptocurrency Explodes 486% Overnight On Bittrex BTC Listing

Bitcoin Steady As Analysts Say Getting Back To $40,000 Is Key

Coinbase, MEVP Invest In Crypto-Asset Startup Rain

Synthetic Dreams: Wrapped Crypto Assets Gain Traction Amid Surging Market

Secure Bitcoin Self-Custody: Balancing Safety And Ease Of Use

Voyager Crypto App Review

UBS (A Totally Corrupt And Criminal Bank) Warns Clients Crypto Prices Can Actually Go To Zero

Bitcoin Swings Undermine CFO Case For Converting Cash To Crypto

CoinLab Cuts Deal With Mt. Gox Trustee Over Bitcoin Claims

Bitcoin Slides Under $35K Despite Biden Unveiling $1.9 Trillion Stimulus

Bitcoin Refuses To ‘Die’ As BTC Price Hits $40K Just Three Days After Crash

Ex-Ripple CTO Can’t Remember Password To Access $240M In Bitcoin

Financial Advisers Are Betting On Bitcoin As A Hedge

ECB President Christine Lagarde (French Convict) Says, Bitcoin Enables “Funny Business.”

German Police Shut Down Darknet Marketplace That Traded Bitcoin

Bitcoin Miner That’s Risen 1,400% Says More Regulation Is Needed

Bitcoin Rebounds While Leaving Everyone In Dark On True Worth

UK Treasury Calls For Feedback On Approach To Cryptocurrency And Stablecoin Regulation

What Crypto Users Need Know About Changes At The SEC

Where Does This 28% Bitcoin Price Drop Rank In History? Not Even In The Top 5

Seven Times That US Regulators Stepped Into Crypto In 2020

Retail Has Arrived As Paypal Clears $242M In Crypto Sales Nearly Double The Previous Record

Bitcoin’s Slide Dents Price Momentum That Dwarfed Everything

Does Bitcoin Boom Mean ‘Better Gold’ Or Bigger Bubble?

Bitcoin Whales Are Profiting As ‘Weak Hands’ Sell BTC After Price Correction

Crypto User Recovers Long-Lost Private Keys To Access $4M In Bitcoin

The Case For And Against Investing In Bitcoin

Bitcoin’s Wild Weekends Turn Efficient Market Theory Inside Out

Mega-Bullish News For Bitcoin As Elon Musk Says, “Pay Me In Bitcoin” And Biden Says, “Ignore Budget Deficits”!

Bitcoin Price Briefly Surpasses Market Cap Of Tencent

Broker Touts Exotic Bitcoin Bet To Squeeze Income From Crypto

Broker Touts Exotic Bitcoin Bet To Squeeze Income From Crypto

Tesla’s Crypto-Friendly CEO Is Now The Richest Man In The World

Crypto Market Cap Breaks $1 Trillion Following Jaw-Dropping Rally

Gamblers Could Use Bitcoin At Slot Machines With New Patent

Crypto Users Donate $400K To Julian Assange Defense As Mexico Proposes Asylum

Grayscale Ethereum Trust Fell 22% Despite Rally In Holdings

Bitcoin’s Bulls Should Fear Its Other Scarcity Problem

Ether Follows Bitcoin To Record High Amid Dizzying Crypto Rally

Retail Investors Are Largely Uninvolved As Bitcoin Price Chases $40K

Bitcoin Breaches $34,000 As Rally Extends Into New Year

Social Media Interest In Bitcoin Hits All-Time High

Bitcoin Price Quickly Climbs To $31K, Liquidating $100M Of Shorts

How Massive Bitcoin Buyer Activity On Coinbase Propelled BTC Price Past $32K

FinCEN Wants US Citizens To Disclose Offshore Crypto Holdings of $10K+

Governments Will Start To Hodl Bitcoin In 2021

Crypto-Linked Stocks Extend Rally That Produced 400% Gains

‘Bitcoin Liquidity Crisis’ — BTC Is Becoming Harder To Buy On Exchanges, Data Shows

Bitcoin Looks To Gain Traction In Payments

BTC Market Cap Now Over Half A Trillion Dollars. Major Weekly Candle Closed!!

Elon Musk And Satoshi Nakamoto Making Millionaires At Record Pace

Binance Enables SegWit Support For Bitcoin Deposits As Adoption Grows

Santoshi Nakamoto Delivers $24.5K Christmas Gift With Another New All-Time High

Bitcoin’s Rally Has Already Outlasted 2017’s Epic Run

Gifting Crypto To Loved Ones This Holiday? Educate Them First

Scaramucci’s SkyBridge Files With SEC To Launch Bitcoin Fund

Samsung Integrates Bitcoin Wallets And Exchange Into Galaxy Phones

HTC Smartphone Will Run A Full Bitcoin Node (#GotBitcoin?)

HTC’s New 5G Router Can Host A Full Bitcoin Node

Bitcoin Miners Are Heating Homes Free of Charge

Bitcoin Miners Will Someday Be Incorporated Into Household Appliances

Musk Inquires About Moving ‘Large Transactions’ To Bitcoin

How To Invest In Bitcoin: It Can Be Easy, But Watch Out For Fees

Megan Thee Stallion Gives Away $1 Million In Bitcoin

CoinFLEX Sets Up Short-Term Lending Facility For Crypto Traders

Wall Street Quants Pounce On Crytpo Industry And Some Are Not Sure What To Make Of It

Bitcoin Shortage As Wall Street FOMO Turns BTC Whales Into ‘Plankton’

Bitcoin Tops $22,000 And Strategists Say Rally Has Further To Go

Why Bitcoin Is Overpriced by More Than 50%

Kraken Exchange Will Integrate Bitcoin’s Lightning Network In 2021

New To Bitcoin? Stay Safe And Avoid These Common Scams

Andreas M. Antonopoulos And Simon Dixon Say Don’t Buy Bitcoin!

Famous Former Bitcoin Critics Who Conceded In 2020

Jim Cramer Bought Bitcoin While ‘Off Nicely From The Top’ In $17,000S

The Wealthy Are Jumping Into Bitcoin As Stigma Around Crypto Fades

WordPress Adds Official Ethereum Ad Plugin

France Moves To Ban Anonymous Crypto Accounts To Prevent Money Laundering

10 Predictions For 2021: China, Bitcoin, Taxes, Stablecoins And More

Movie Based On Darknet Market Silk Road Premiering In February

Crypto Funds Have Seen Record Investment Inflow In Recent Weeks

US Gov Is Bitcoin’s Last Remaining Adversary, Says Messari Founder

$1,200 US Stimulus Check Is Now Worth Almost $4,000 If Invested In Bitcoin

German Bank Launches Crypto Fund Covering Portfolio Of Digital Assets

World Governments Agree On Importance Of Crypto Regulation At G-7 Meeting

Why Some Investors Get Bitcoin So Wrong, And What That Says About Its Strengths

It’s Not About Data Ownership, It’s About Data Control, EFF Director Says

‘It Will Send BTC’ — On-Chain Analyst Says Bitcoin Hodlers Are Only Getting Stronger

Bitcoin Arrives On Wall Street: S&P Dow Jones Launching Crypto Indexes In 2021

Audio Streaming Giant Spotify Is Looking Into Crypto Payments

BlackRock (Assets Under Management $7.4 Trillion) CEO: Bitcoin Has Caught Our Attention

Bitcoin Moves $500K Around The Globe Every Second, Says Samson Mow

Pomp Talks Shark Tank’s Kevin O’leary Into Buying ‘A Little More’ Bitcoin

Bitcoin Is The Tulipmania That Refuses To Die

Ultimate Resource On Ethereum 2.0

Biden Should Integrate Bitcoin Into Us Financial System, Says Niall Ferguson

Bitcoin Is Winning The Monetary Revolution

Cash Is Trash, Dump Gold, Buy Bitcoin!

Bitcoin Price Sets New Record High Above $19,783

You Call That A Record? Bitcoin’s November Gains Are 3x Stock Market’s

Bitcoin Fights Back With Power, Speed and Millions of Users

Guggenheim Fund ($295 Billion Assets Under Management) Reserves Right To Put Up To 10% In Bitcoin Trust!

Exchanges Outdo Auctions For Governments Cashing In Criminal Crypto, Says Exec

Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules

Bitcoin Plunges Along With Other Coins Providing For A Major Black Friday Sale Opportunity

The Most Bullish Bitcoin Arguments For Your Thanksgiving Table

‘Bitcoin Tuesday’ To Become One Of The Largest-Ever Crypto Donation Events

World’s First 24/7 Crypto Call-In Station!!!

Bitcoin Trades Again Near Record, Driven By New Group Of Buyers

Friendliest Of Them All? These Could Be The Best Countries For Crypto

Bitcoin Price Doubles Since The Halving, With Just 3.4M Bitcoin Left For Buyers

First Company-Sponsored Bitcoin Retirement Plans Launched In US

Poker Players Are Enhancing Winnings By Cashing Out In Bitcoin

Crypto-Friendly Brooks Gets Nod To Serve 5-Year Term Leading Bank Regulator

The Bitcoin Comeback: Is Crypto Finally Going Mainstream?

The Dark Future Where Payments Are Politicized And Bitcoin Wins

Mexico’s 3rd Richest Man Reveals BTC Holdings As Bitcoin Breaches $18,000

Ultimate Resource On Mike Novogratz And Galaxy Digital’s Bitcoin News

Bitcoin’s Gunning For A Record And No One’s Talking About It

Simple Steps To Keep Your Crypto Safe

US Company Now Lets Travelers Pay For Passports With Bitcoin

Billionaire Hedge Fund Investor Stanley Druckenmiller Says He Owns Bitcoin In CNBC Interview

China’s UnionPay And Korea’s Danal To Launch Crypto-Supporting Digital Card #GotBitcoin

Bitcoin Is Back Trading Near Three-Year Highs

Bitcoin Transaction Fees Rise To 28-Month High As Hashrate Drops Amid Price Rally

Market Is Proving Bitcoin Is ‘Ultimate Safe Haven’ — Anthony Pompliano

3 Reasons Why Bitcoin Price Suddenly Dropping Below $13,000 Isn’t Bearish

Bitcoin Resurgence Leaves Institutional Acceptance Unanswered

Bitcoin’s Rivalry With Gold Plus Millennial Interest Gives It ‘Considerable’ Upside Potential: JPMorgan

WordPress Content Can Now Be Timestamped On Ethereum

PayPal To Offer Crypto Payments Starting In 2021 (A-Z) (#GotBitcoin?)

As Bitcoin Approaches $13,000 It Breaks Correlation With Equities

Crypto M&A Surges Past 2019 Total As Rest of World Eclipses U.S. (#GotBitcoin?)

How HBCUs Are Prepping Black Students For Blockchain Careers

Why Every US Congressman Just Got Sent Some ‘American’ Bitcoin

CME Sounding Out Crypto Traders To Gauge Market Demand For Ether Futures, Options

Caitlin Long On Bitcoin, Blockchain And Rehypothecation (#GotBitcoin?)

Bitcoin Drops To $10,446.83 As CFTC Charges BitMex With Illegally Operating Derivatives Exchange

BitcoinACKs Lets You Track Bitcoin Development And Pay Coders For Their Work

One Of Hal Finney’s Lost Contributions To Bitcoin Core To Be ‘Resurrected’ (#GotBitcoin?)

Cross-chain Money Markets, Latest Attempt To Bring Liquidity To DeFi

Memes Mean Mad Money. Those Silly Defi Memes, They’re Really Important (#GotBitcoin?)

Bennie Overton’s Story About Our Corrupt U.S. Judicial, Global Financial Monetary System And Bitcoin

Stop Fucking Around With Public Token Airdrops In The United States (#GotBitcoin?)

Mad Money’s Jim Cramer Will Invest 1% Of Net Worth In Bitcoin Says, “Gold Is Dangerous”

State-by-state Licensing For Crypto And Payments Firms In The Us Just Got Much Easier (#GotBitcoin?)

Bitcoin (BTC) Ranks As World 6Th Largest Currency

Pomp Claims He Convinced Jim Cramer To Buy Bitcoin

Traditional Investors View Bitcoin As If It Were A Technology Stock

Mastercard Releases Platform Enabling Central Banks To Test Digital Currencies (#GotBitcoin?)

Being Black On Wall Street. Top Black Executives Speak Out About Racism (#GotBitcoin?)

Tesla And Bitcoin Are The Most Popular Assets On TradingView (#GotBitcoin?)

From COVID Generation To Crypto Generation (#GotBitcoin?)

Right-Winger Tucker Carlson Causes Grayscale Investments To Pull Bitcoin Ads

Bitcoin Has Lost Its Way: Here’s How To Return To Crypto’s Subversive Roots

Cross Chain Is Here: NEO, ONT, Cosmos And NEAR Launch Interoperability Protocols (#GotBitcoin?)

Crypto Trading Products Enter The Mainstream With A Number Of Inherent Advantages (#GotBitcoin?)

Crypto Goes Mainstream With TV, Newspaper Ads (#GotBitcoin?)

A Guarded Generation: How Millennials View Money And Investing (#GotBitcoin?)

Blockchain-Backed Social Media Brings More Choice For Users

California Moves Forward With Digital Asset Bill (#GotBitcoin?)

Walmart Adds Crypto Cashback Through Shopping Loyalty Platform StormX (#GotBitcoin?)

Congressman Tom Emmer To Lead First-Ever Crypto Town Hall (#GotBitcoin?)

Why It’s Time To Pay Attention To Mexico’s Booming Crypto Market (#GotBitcoin?)

The Assets That Matter Most In Crypto (#GotBitcoin?)

Ultimate Resource On Non-Fungible Tokens

Bitcoin Community Highlights Double-Standard Applied Deutsche Bank Epstein Scandal

Blockchain Makes Strides In Diversity. However, Traditional Tech Industry Not-S0-Much (#GotBitcoin?)

An Israeli Blockchain Startup Claims It’s Invented An ‘Undo’ Button For BTC Transactions

After Years of Resistance, BitPay Adopts SegWit For Cheaper Bitcoin Transactions

US Appeals Court Allows Warrantless Search of Blockchain, Exchange Data

Central Bank Rate Cuts Mean ‘World Has Gone Zimbabwe’

This Researcher Says Bitcoin’s Elliptic Curve Could Have A Secret Backdoor

China Discovers 4% Of Its Reserves Or 83 Tons Of It’s Gold Bars Are Fake (#GotBitcoin?)

Former Legg Mason Star Bill Miller And Bloomberg Are Optimistic About Bitcoin’s Future

Yield Chasers Are Yield Farming In Crypto-Currencies (#GotBitcoin?)

Australia Post Office Now Lets Customers Buy Bitcoin At Over 3,500 Outlets

Anomaly On Bitcoin Sidechain Results In Brief Security Lapse

SEC And DOJ Charges Lobbying Kingpin Jack Abramoff And Associate For Money Laundering

Veteran Commodities Trader Chris Hehmeyer Goes All In On Crypto (#GotBitcoin?)

Activists Document Police Misconduct Using Decentralized Protocol (#GotBitcoin?)

Supposedly, PayPal, Venmo To Roll Out Crypto Buying And Selling (#GotBitcoin?)

Industry Leaders Launch PayID, The Universal ID For Payments (#GotBitcoin?)

Crypto Quant Fund Debuts With $23M In Assets, $2.3B In Trades (#GotBitcoin?)

The Queens Politician Who Wants To Give New Yorkers Their Own Crypto

Why Does The SEC Want To Run Bitcoin And Ethereum Nodes?

Trump Orders Treasury Secretary Steve Mnuchin To Destroy Bitcoin Just Like They Destroyed The Traditional Economy

US Drug Agency Failed To Properly Supervise Agent Who Stole $700,000 In Bitcoin In 2015

Layer 2 Will Make Bitcoin As Easy To Use As The Dollar, Says Kraken CEO

Bootstrapping Mobile Mesh Networks With Bitcoin Lightning

Nevermind Coinbase — Big Brother Is Already Watching Your Coins (#GotBitcoin?)

BitPay’s Prepaid Mastercard Launches In US to Make Crypto Accessible (#GotBitcoin?)

Germany’s Deutsche Borse Exchange To List New Bitcoin Exchange-Traded Product

‘Bitcoin Billionaires’ Movie To Tell Winklevoss Bros’ Crypto Story

US Pentagon Created A War Game To Fight The Establishment With BTC (#GotBitcoin?)

JPMorgan Provides Banking Services To Crypto Exchanges Coinbase And Gemini (#GotBitcoin?)

Bitcoin Advocates Cry Foul As US Fed Buying ETFs For The First Time

Final Block Mined Before Halving Contained Reminder of BTC’s Origins (#GotBitcoin?)

Meet Brian Klein, Crypto’s Own ‘High-Stakes’ Trial Attorney (#GotBitcoin?)

3 Reasons For The Bitcoin Price ‘Halving Dump’ From $10K To $8.1K

Bitcoin Outlives And Outlasts Naysayers And First Website That Declared It Dead Back In 2010

Hedge Fund Pioneer Turns Bullish On Bitcoin Amid ‘Unprecedented’ Monetary Inflation

Antonopoulos: Chainalysis Is Helping World’s Worst Dictators & Regimes (#GotBitcoin?)

Survey Shows Many BTC Holders Use Hardware Wallet, Have Backup Keys (#GotBitcoin?)

Iran Ditches The Rial Amid Hyperinflation As Localbitcoins Seem To Trade Near $35K

Buffett ‘Killed His Reputation’ by Being Stupid About BTC, Says Max Keiser (#GotBitcoin?)

Meltem Demirors: “Bitcoin Is Not A F*Cking Systemic Hedge If You Hold Your Bitcoin At A Financial Institution”

Blockfolio Quietly Patches Years-Old Security Hole That Exposed Source Code (#GotBitcoin?)

Bitcoin Won As Store of Value In Coronavirus Crisis — Hedge Fund CEO

Decentralized VPN Gaining Steam At 100,000 Users Worldwide (#GotBitcoin?)

Crypto Exchange Offers Credit Lines so Institutions Can Trade Now, Pay Later (#GotBitcoin?)

Zoom Develops A Cryptocurrency Paywall To Reward Creators Video Conferencing Sessions (#GotBitcoin?)

Bitcoin Startup Purse.io And Major Bitcoin Cash Partner To Shut Down After 6-Year Run

Open Interest In CME Bitcoin Futures Rises 70% As Institutions Return To Market

Square’s Users Can Route Stimulus Payments To BTC-Friendly Cash App

$1.1 Billion BTC Transaction For Only $0.68 Demonstrates Bitcoin’s Advantage Over Banks

Bitcoin Could Become Like ‘Prison Cigarettes’ Amid Deepening Financial Crisis

Bitcoin Holds Value As US Debt Reaches An Unfathomable $24 Trillion

How To Get Money (Crypto-currency) To People In An Emergency, Fast

US Intelligence To Study What Would Happen If U.S. Dollar Lost Its Status As World’s Reserve Currency (#GotBitcoin?)

Bitcoin Miner Manufacturers Mark Down Prices Ahead of Halving

Privacy-Oriented Browsers Gain Traction (#GotBitcoin?)

‘Breakthrough’ As Lightning Uses Web’s Forgotten Payment Code (#GotBitcoin?)

Bitcoin Starts Quarter With Price Down Just 10% YTD vs U.S. Stock’s Worst Quarter Since 2008

Bitcoin Enthusiasts, Liberal Lawmakers Cheer A Fed-Backed Digital Dollar

Crypto-Friendly Bank Revolut Launches In The US (#GotBitcoin?)

The CFTC Just Defined What ‘Actual Delivery’ of Crypto Should Look Like (#GotBitcoin?)

Crypto CEO Compares US Dollar To Onecoin Scam As Fed Keeps Printing (#GotBitcoin?)

Stuck In Quarantine? Become A Blockchain Expert With These Online Courses (#GotBitcoin?)

Bitcoin, Not Governments Will Save the World After Crisis, Tim Draper Says

Crypto Analyst Accused of Photoshopping Trade Screenshots (#GotBitcoin?)

QE4 Begins: Fed Cuts Rates, Buys $700B In Bonds; Bitcoin Rallies 7.7%

Mike Novogratz And Andreas Antonopoulos On The Bitcoin Crash

Amid Market Downturn, Number of People Owning 1 BTC Hits New Record (#GotBitcoin?)

Fatburger And Others Feed $30 Million Into Ethereum For New Bond Offering (#GotBitcoin?)

Pornhub Will Integrate PumaPay Recurring Subscription Crypto Payments (#GotBitcoin?)

Intel SGX Vulnerability Discovered, Cryptocurrency Keys Threatened

Bitcoin’s Plunge Due To Manipulation, Traditional Markets Falling or PlusToken Dumping?

Countries That First Outlawed Crypto But Then Embraced It (#GotBitcoin?)

Bitcoin Maintains Gains As Global Equities Slide, US Yield Hits Record Lows

HTC’s New 5G Router Can Host A Full Bitcoin Node

India Supreme Court Lifts RBI Ban On Banks Servicing Crypto Firms (#GotBitcoin?)

Analyst Claims 98% of Mining Rigs Fail to Verify Transactions (#GotBitcoin?)

Blockchain Storage Offers Security, Data Transparency And immutability. Get Over it!

Black Americans & Crypto (#GotBitcoin?)

Coinbase Wallet Now Allows To Send Crypto Through Usernames (#GotBitcoin)

New ‘Simpsons’ Episode Features Jim Parsons Giving A Crypto Explainer For The Masses (#GotBitcoin?)

Crypto-currency Founder Met With Warren Buffett For Charity Lunch (#GotBitcoin?)

Witches Love Bitcoin

Bitcoin’s Potential To Benefit The African And African-American Community

Coinbase Becomes Direct Visa Card Issuer With Principal Membership

Bitcoin Achieves Major Milestone With Half A Billion Transactions Confirmed

Jill Carlson, Meltem Demirors Back $3.3M Round For Non-Custodial Settlement Protocol Arwen

Crypto Companies Adopt Features Similar To Banks (Only Better) To Drive Growth (#GotBitcoin?)

Top Graphics Cards That Will Turn A Crypto Mining Profit (#GotBitcoin?)

Bitcoin Usage Among Merchants Is Up, According To Data From Coinbase And BitPay

Top 10 Books Recommended by Crypto (#Bitcoin) Thought Leaders

Twitter Adds Bitcoin Emoji, Jack Dorsey Suggests Unicode Does The Same

Bitcoiners Are Now Into Fasting. Read This Article To Find Out Why

You Can Now Donate Bitcoin Or Fiat To Show Your Support For All Of Our Valuable Content

2019’s Top 10 Institutional Actors In Crypto (#GotBitcoin?)

What Does Twitter’s New Decentralized Initiative Mean? (#GotBitcoin?)

Crypto-Friendly Silvergate Bank Goes Public On New York Stock Exchange (#GotBitcoin?)

Bitcoin’s Best Q1 Since 2013 To ‘Escalate’ If $9.5K Is Broken

Billionaire Investor Tim Draper: If You’re a Millennial, Buy Bitcoin

What Are Lightning Wallets Doing To Help Onboard New Users? (#GotBitcoin?)

If You Missed Out On Investing In Amazon, Bitcoin Might Be A Second Chance For You (#GotBitcoin?)

2020 And Beyond: Bitcoin’s Potential Protocol (Privacy And Scalability) Upgrades (#GotBitcoin?)

US Deficit Will Be At Least 6 Times Bitcoin Market Cap — Every Year (#GotBitcoin?)

Central Banks Warm To Issuing Digital Currencies (#GotBitcoin?)

Meet The Crypto Angel Investor Running For Congress In Nevada (#GotBitcoin?)

Introducing BTCPay Vault – Use Any Hardware Wallet With BTCPay And Its Full Node (#GotBitcoin?)

How Not To Lose Your Coins In 2020: Alternative Recovery Methods (#GotBitcoin?)

H.R.5635 – Virtual Currency Tax Fairness Act of 2020 ($200.00 Limit) 116th Congress (2019-2020)

Adam Back On Satoshi Emails, Privacy Concerns And Bitcoin’s Early Days

The Prospect of Using Bitcoin To Build A New International Monetary System Is Getting Real

How To Raise Funds For Australia Wildfire Relief Efforts (Using Bitcoin And/Or Fiat )

Former Regulator Known As ‘Crypto Dad’ To Launch Digital-Dollar Think Tank (#GotBitcoin?)

Currency ‘Cold War’ Takes Center Stage At Pre-Davos Crypto Confab (#GotBitcoin?)

A Blockchain-Secured Home Security Camera Won Innovation Awards At CES 2020 Las Vegas

Bitcoin’s Had A Sensational 11 Years (#GotBitcoin?)

Sergey Nazarov And The Creation Of A Decentralized Network Of Oracles

Google Suspends MetaMask From Its Play App Store, Citing “Deceptive Services”

Christmas Shopping: Where To Buy With Crypto This Festive Season

At 8,990,000% Gains, Bitcoin Dwarfs All Other Investments This Decade

Coinbase CEO Armstrong Wins Patent For Tech Allowing Users To Email Bitcoin

Bitcoin Has Got Society To Think About The Nature Of Money

How DeFi Goes Mainstream In 2020: Focus On Usability (#GotBitcoin?)

Dissidents And Activists Have A Lot To Gain From Bitcoin, If Only They Knew It (#GotBitcoin?)

At A Refugee Camp In Iraq, A 16-Year-Old Syrian Is Teaching Crypto Basics

Bitclub Scheme Busted In The US, Promising High Returns From Mining

Bitcoin Advertised On French National TV

Germany: New Proposed Law Would Legalize Banks Holding Bitcoin

How To Earn And Spend Bitcoin On Black Friday 2019

The Ultimate List of Bitcoin Developments And Accomplishments

Charities Put A Bitcoin Twist On Giving Tuesday

Family Offices Finally Accept The Benefits of Investing In Bitcoin

An Army Of Bitcoin Devs Is Battle-Testing Upgrades To Privacy And Scaling

Bitcoin ‘Carry Trade’ Can Net Annual Gains With Little Risk, Says PlanB

Max Keiser: Bitcoin’s ‘Self-Settlement’ Is A Revolution Against Dollar

Blockchain Can And Will Replace The IRS

China Seizes The Blockchain Opportunity. How Should The US Respond? (#GotBitcoin?)

Jack Dorsey: You Can Buy A Fraction Of Berkshire Stock Or ‘Stack Sats’

Bitcoin Price Skyrockets $500 In Minutes As Bakkt BTC Contracts Hit Highs

Bitcoin’s Irreversibility Challenges International Private Law: Legal Scholar

Bitcoin Has Already Reached 40% Of Average Fiat Currency Lifespan

Yes, Even Bitcoin HODLers Can Lose Money In The Long-Term: Here’s How (#GotBitcoin?)

Unicef To Accept Donations In Bitcoin (#GotBitcoin?)

Former Prosecutor Asked To “Shut Down Bitcoin” And Is Now Face Of Crypto VC Investing (#GotBitcoin?)

Switzerland’s ‘Crypto Valley’ Is Bringing Blockchain To Zurich

Next Bitcoin Halving May Not Lead To Bull Market, Says Bitmain CEO

Tim Draper Bets On Unstoppable Domain’s .Crypto Domain Registry To Replace Wallet Addresses (#GotBitcoin?)

Bitcoin Developer Amir Taaki, “We Can Crash National Economies” (#GotBitcoin?)

Veteran Crypto And Stocks Trader Shares 6 Ways To Invest And Get Rich

Have I Missed The Boat? – Best Ways To Purchase Cryptocurrency

Is Chainlink Blazing A Trail Independent Of Bitcoin?

Nearly $10 Billion In BTC Is Held In Wallets Of 8 Crypto Exchanges (#GotBitcoin?)

SEC Enters Settlement Talks With Alleged Fraudulent Firm Veritaseum (#GotBitcoin?)

Blockstream’s Samson Mow: Bitcoin’s Block Size Already ‘Too Big’

Attorneys Seek Bank Of Ireland Execs’ Testimony Against OneCoin Scammer (#GotBitcoin?)

OpenLibra Plans To Launch Permissionless Fork Of Facebook’s Stablecoin (#GotBitcoin?)

Tiny $217 Options Trade On Bitcoin Blockchain Could Be Wall Street’s Death Knell (#GotBitcoin?)

Class Action Accuses Tether And Bitfinex Of Market Manipulation (#GotBitcoin?)

Sharia Goldbugs: How ISIS Created A Currency For World Domination (#GotBitcoin?)

Bitcoin Eyes Demand As Hong Kong Protestors Announce Bank Run (#GotBitcoin?)

How To Securely Transfer Crypto To Your Heirs

‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?)

Crypto News From The Spanish-Speaking World (#GotBitcoin?)

Financial Services Giant Morningstar To Offer Ratings For Crypto Assets (#GotBitcoin?)

‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?)

The Original Sins Of Cryptocurrencies (#GotBitcoin?)

Bitcoin Is The Fraud? JPMorgan Metals Desk Fixed Gold Prices For Years (#GotBitcoin?)

Israeli Startup That Allows Offline Crypto Transactions Secures $4M (#GotBitcoin?)

[PSA] Non-genuine Trezor One Devices Spotted (#GotBitcoin?)

Bitcoin Stronger Than Ever But No One Seems To Care: Google Trends (#GotBitcoin?)

First-Ever SEC-Qualified Token Offering In US Raises $23 Million (#GotBitcoin?)

You Can Now Prove A Whole Blockchain With One Math Problem – Really

Crypto Mining Supply Fails To Meet Market Demand In Q2: TokenInsight

$2 Billion Lost In Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims (#GotBitcoin?)

Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own (#GotBitcoin?)

Wesley Snipes Is Launching A Tokenized $25 Million Movie Fund (#GotBitcoin?)

Mystery 94K BTC Transaction Becomes Richest Non-Exchange Address (#GotBitcoin?)

A Crypto Fix For A Broken International Monetary System (#GotBitcoin?)

Four Out Of Five Top Bitcoin QR Code Generators Are Scams: Report (#GotBitcoin?)

Waves Platform And The Abyss To Jointly Launch Blockchain-Based Games Marketplace (#GotBitcoin?)

Bitmain Ramps Up Power And Efficiency With New Bitcoin Mining Machine (#GotBitcoin?)

Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens (#GotBitcoin?)

Miss Finland: Bitcoin’s Risk Keeps Most Women Away From Cryptocurrency (#GotBitcoin?)

Artist Akon Loves BTC And Says, “It’s Controlled By The People” (#GotBitcoin?)

Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens (#GotBitcoin?)

Co-Founder Of LinkedIn Presents Crypto Rap Video: Hamilton Vs. Satoshi (#GotBitcoin?)

Crypto Insurance Market To Grow, Lloyd’s Of London And Aon To Lead (#GotBitcoin?)

No ‘AltSeason’ Until Bitcoin Breaks $20K, Says Hedge Fund Manager (#GotBitcoin?)

NSA Working To Develop Quantum-Resistant Cryptocurrency: Report (#GotBitcoin?)

Custody Provider Legacy Trust Launches Crypto Pension Plan (#GotBitcoin?)

Vaneck, SolidX To Offer Limited Bitcoin ETF For Institutions Via Exemption (#GotBitcoin?)

Russell Okung: From NFL Superstar To Bitcoin Educator In 2 Years (#GotBitcoin?)

Bitcoin Miners Made $14 Billion To Date Securing The Network (#GotBitcoin?)

Why Does Amazon Want To Hire Blockchain Experts For Its Ads Division?

Argentina’s Economy Is In A Technical Default (#GotBitcoin?)

Blockchain-Based Fractional Ownership Used To Sell High-End Art (#GotBitcoin?)

Portugal Tax Authority: Bitcoin Trading And Payments Are Tax-Free (#GotBitcoin?)

Bitcoin ‘Failed Safe Haven Test’ After 7% Drop, Peter Schiff Gloats (#GotBitcoin?)

Bitcoin Dev Reveals Multisig UI Teaser For Hardware Wallets, Full Nodes (#GotBitcoin?)

Bitcoin Price: $10K Holds For Now As 50% Of CME Futures Set To Expire (#GotBitcoin?)

Bitcoin Realized Market Cap Hits $100 Billion For The First Time (#GotBitcoin?)

Stablecoins Begin To Look Beyond The Dollar (#GotBitcoin?)

Bank Of England Governor: Libra-Like Currency Could Replace US Dollar (#GotBitcoin?)

Binance Reveals ‘Venus’ — Its Own Project To Rival Facebook’s Libra (#GotBitcoin?)

The Real Benefits Of Blockchain Are Here. They’re Being Ignored (#GotBitcoin?)

CommBank Develops Blockchain Market To Boost Biodiversity (#GotBitcoin?)

SEC Approves Blockchain Tech Startup Securitize To Record Stock Transfers (#GotBitcoin?)

SegWit Creator Introduces New Language For Bitcoin Smart Contracts (#GotBitcoin?)

You Can Now Earn Bitcoin Rewards For Postmates Purchases (#GotBitcoin?)

Bitcoin Price ‘Will Struggle’ In Big Financial Crisis, Says Investor (#GotBitcoin?)

Fidelity Charitable Received Over $100M In Crypto Donations Since 2015 (#GotBitcoin?)

Would Blockchain Better Protect User Data Than FaceApp? Experts Answer (#GotBitcoin?)

Just The Existence Of Bitcoin Impacts Monetary Policy (#GotBitcoin?)

What Are The Biggest Alleged Crypto Heists And How Much Was Stolen? (#GotBitcoin?)

IRS To Cryptocurrency Owners: Come Clean, Or Else!

Coinbase Accidentally Saves Unencrypted Passwords Of 3,420 Customers (#GotBitcoin?)

Bitcoin Is A ‘Chaos Hedge, Or Schmuck Insurance‘ (#GotBitcoin?)

Bakkt Announces September 23 Launch Of Futures And Custody

Coinbase CEO: Institutions Depositing $200-400M Into Crypto Per Week (#GotBitcoin?)

Researchers Find Monero Mining Malware That Hides From Task Manager (#GotBitcoin?)

Crypto Dusting Attack Affects Nearly 300,000 Addresses (#GotBitcoin?)

A Case For Bitcoin As Recession Hedge In A Diversified Investment Portfolio (#GotBitcoin?)

SEC Guidance Gives Ammo To Lawsuit Claiming XRP Is Unregistered Security (#GotBitcoin?)

15 Countries To Develop Crypto Transaction Tracking System: Report (#GotBitcoin?)

US Department Of Commerce Offering 6-Figure Salary To Crypto Expert (#GotBitcoin?)

Mastercard Is Building A Team To Develop Crypto, Wallet Projects (#GotBitcoin?)

Canadian Bitcoin Educator Scams The Scammer And Donates Proceeds (#GotBitcoin?)

Amazon Wants To Build A Blockchain For Ads, New Job Listing Shows (#GotBitcoin?)

Shield Bitcoin Wallets From Theft Via Time Delay (#GotBitcoin?)

Blockstream Launches Bitcoin Mining Farm With Fidelity As Early Customer (#GotBitcoin?)

Commerzbank Tests Blockchain Machine To Machine Payments With Daimler (#GotBitcoin?)

Bitcoin’s Historical Returns Look Very Attractive As Online Banks Lower Payouts On Savings Accounts (#GotBitcoin?)

Man Takes Bitcoin Miner Seller To Tribunal Over Electricity Bill And Wins (#GotBitcoin?)

Bitcoin’s Computing Power Sets Record As Over 100K New Miners Go Online (#GotBitcoin?)

Walmart Coin And Libra Perform Major Public Relations For Bitcoin (#GotBitcoin?)

Judge Says Buying Bitcoin Via Credit Card Not Necessarily A Cash Advance (#GotBitcoin?)

Poll: If You’re A Stockowner Or Crypto-Currency Holder. What Will You Do When The Recession Comes?

1 In 5 Crypto Holders Are Women, New Report Reveals (#GotBitcoin?)

Beating Bakkt, Ledgerx Is First To Launch ‘Physical’ Bitcoin Futures In Us (#GotBitcoin?)

Facebook Warns Investors That Libra Stablecoin May Never Launch (#GotBitcoin?)

Government Money Printing Is ‘Rocket Fuel’ For Bitcoin (#GotBitcoin?)

Bitcoin-Friendly Square Cash App Stock Price Up 56% In 2019 (#GotBitcoin?)

Safeway Shoppers Can Now Get Bitcoin Back As Change At 894 US Stores (#GotBitcoin?)

TD Ameritrade CEO: There’s ‘Heightened Interest Again’ With Bitcoin (#GotBitcoin?)

Venezuela Sets New Bitcoin Volume Record Thanks To 10,000,000% Inflation (#GotBitcoin?)

Newegg Adds Bitcoin Payment Option To 73 More Countries (#GotBitcoin?)

China’s Schizophrenic Relationship With Bitcoin (#GotBitcoin?)

More Companies Build Products Around Crypto Hardware Wallets (#GotBitcoin?)

Bakkt Is Scheduled To Start Testing Its Bitcoin Futures Contracts Today (#GotBitcoin?)

Bitcoin Network Now 8 Times More Powerful Than It Was At $20K Price (#GotBitcoin?)

Crypto Exchange BitMEX Under Investigation By CFTC: Bloomberg (#GotBitcoin?)

“Bitcoin An ‘Unstoppable Force,” Says US Congressman At Crypto Hearing (#GotBitcoin?)

Bitcoin Network Is Moving $3 Billion Daily, Up 210% Since April (#GotBitcoin?)

Cryptocurrency Startups Get Partial Green Light From Washington

Fundstrat’s Tom Lee: Bitcoin Pullback Is Healthy, Fewer Searches Аre Good (#GotBitcoin?)

Bitcoin Lightning Nodes Are Snatching Funds From Bad Actors (#GotBitcoin?)

The Provident Bank Now Offers Deposit Services For Crypto-Related Entities (#GotBitcoin?)

Bitcoin Could Help Stop News Censorship From Space (#GotBitcoin?)

US Sanctions On Iran Crypto Mining — Inevitable Or Impossible? (#GotBitcoin?)

US Lawmaker Reintroduces ‘Safe Harbor’ Crypto Tax Bill In Congress (#GotBitcoin?)

EU Central Bank Won’t Add Bitcoin To Reserves — Says It’s Not A Currency (#GotBitcoin?)

The Miami Dolphins Now Accept Bitcoin And Litecoin Crypt-Currency Payments (#GotBitcoin?)

Trump Bashes Bitcoin And Alt-Right Is Mad As Hell (#GotBitcoin?)

Goldman Sachs Ramps Up Development Of New Secret Crypto Project (#GotBitcoin?)

Blockchain And AI Bond, Explained (#GotBitcoin?)

Grayscale Bitcoin Trust Outperformed Indexes In First Half Of 2019 (#GotBitcoin?)

XRP Is The Worst Performing Major Crypto Of 2019 (GotBitcoin?)

Bitcoin Back Near $12K As BTC Shorters Lose $44 Million In One Morning (#GotBitcoin?)

As Deutsche Bank Axes 18K Jobs, Bitcoin Offers A ‘Plan ฿”: VanEck Exec (#GotBitcoin?)

Argentina Drives Global LocalBitcoins Volume To Highest Since November (#GotBitcoin?)

‘I Would Buy’ Bitcoin If Growth Continues — Investment Legend Mobius (#GotBitcoin?)

Lawmakers Push For New Bitcoin Rules (#GotBitcoin?)

Facebook’s Libra Is Bad For African Americans (#GotBitcoin?)

Crypto Firm Charity Announces Alliance To Support Feminine Health (#GotBitcoin?)

Canadian Startup Wants To Upgrade Millions Of ATMs To Sell Bitcoin (#GotBitcoin?)

Trump Says US ‘Should Match’ China’s Money Printing Game (#GotBitcoin?)

Casa Launches Lightning Node Mobile App For Bitcoin Newbies (#GotBitcoin?)

Bitcoin Rally Fuels Market In Crypto Derivatives (#GotBitcoin?)

World’s First Zero-Fiat ‘Bitcoin Bond’ Now Available On Bloomberg Terminal (#GotBitcoin?)

Buying Bitcoin Has Been Profitable 98.2% Of The Days Since Creation (#GotBitcoin?)

Another Crypto Exchange Receives License For Crypto Futures

From ‘Ponzi’ To ‘We’re Working On It’ — BIS Chief Reverses Stance On Crypto (#GotBitcoin?)

These Are The Cities Googling ‘Bitcoin’ As Interest Hits 17-Month High (#GotBitcoin?)

Venezuelan Explains How Bitcoin Saves His Family (#GotBitcoin?)

Quantum Computing Vs. Blockchain: Impact On Cryptography

This Fund Is Riding Bitcoin To Top (#GotBitcoin?)

Bitcoin’s Surge Leaves Smaller Digital Currencies In The Dust (#GotBitcoin?)

Bitcoin Exchange Hits $1 Trillion In Trading Volume (#GotBitcoin?)

Bitcoin Breaks $200 Billion Market Cap For The First Time In 17 Months (#GotBitcoin?)

You Can Now Make State Tax Payments In Bitcoin (#GotBitcoin?)

Religious Organizations Make Ideal Places To Mine Bitcoin (#GotBitcoin?)

Goldman Sacs And JP Morgan Chase Finally Concede To Crypto-Currencies (#GotBitcoin?)

Bitcoin Heading For Fifth Month Of Gains Despite Price Correction (#GotBitcoin?)

Breez Reveals Lightning-Powered Bitcoin Payments App For IPhone (#GotBitcoin?)

Big Four Auditing Firm PwC Releases Cryptocurrency Auditing Software (#GotBitcoin?)

Amazon-Owned Twitch Quietly Brings Back Bitcoin Payments (#GotBitcoin?)

JPMorgan Will Pilot ‘JPM Coin’ Stablecoin By End Of 2019: Report (#GotBitcoin?)

Is There A Big Short In Bitcoin? (#GotBitcoin?)

Coinbase Hit With Outage As Bitcoin Price Drops $1.8K In 15 Minutes

Samourai Wallet Releases Privacy-Enhancing CoinJoin Feature (#GotBitcoin?)

There Are Now More Than 5,000 Bitcoin ATMs Around The World (#GotBitcoin?)

You Can Now Get Bitcoin Rewards When Booking At Hotels.Com (#GotBitcoin?)

North America’s Largest Solar Bitcoin Mining Farm Coming To California (#GotBitcoin?)

Bitcoin On Track For Best Second Quarter Price Gain On Record (#GotBitcoin?)

Bitcoin Hash Rate Climbs To New Record High Boosting Network Security (#GotBitcoin?)

Bitcoin Exceeds 1Million Active Addresses While Coinbase Custodies $1.3B In Assets

Why Bitcoin’s Price Suddenly Surged Back $5K (#GotBitcoin?)

Bitcoin’s Lightning Comes To Apple Smartwatches With New App (#GotBitcoin?)

E-Trade To Offer Crypto Trading (#GotBitcoin)

US Rapper Lil Pump Starts Accepting Bitcoin Via Lightning Network On Merchandise Store (#GotBitcoin?)

Bitfinex Used Tether Reserves To Mask Missing $850 Million, Probe Finds (#GotBitcoin?)

21-Year-Old Jailed For 10 Years After Stealing $7.5M In Crypto By Hacking Cell Phones (#GotBitcoin?)

You Can Now Shop With Bitcoin On Amazon Using Lightning (#GotBitcoin?)

Afghanistan, Tunisia To Issue Sovereign Bonds In Bitcoin, Bright Future Ahead (#GotBitcoin?)

Crypto Faithful Say Blockchain Can Remake Securities Market Machinery (#GotBitcoin?)

Disney In Talks To Acquire The Owner Of Crypto Exchanges Bitstamp And Korbit (#GotBitcoin?)

Crypto Exchange Gemini Rolls Out Native Wallet Support For SegWit Bitcoin Addresses (#GotBitcoin?)

Binance Delists Bitcoin SV, CEO Calls Craig Wright A ‘Fraud’ (#GotBitcoin?)

Bitcoin Outperforms Nasdaq 100, S&P 500, Grows Whopping 37% In 2019 (#GotBitcoin?)

Bitcoin Passes A Milestone 400 Million Transactions (#GotBitcoin?)

Future Returns: Why Investors May Want To Consider Bitcoin Now (#GotBitcoin?)

Next Bitcoin Core Release To Finally Connect Hardware Wallets To Full Nodes (#GotBitcoin?)

Major Crypto-Currency Exchanges Use Lloyd’s Of London, A Registered Insurance Broker (#GotBitcoin?)

How Bitcoin Can Prevent Fraud And Chargebacks (#GotBitcoin?)

Why Bitcoin’s Price Suddenly Surged Back $5K (#GotBitcoin?)

Zebpay Becomes First Exchange To Add Lightning Payments For All Users (#GotBitcoin?)

Coinbase’s New Customer Incentive: Interest Payments, With A Crypto Twist (#GotBitcoin?)

The Best Bitcoin Debit (Cashback) Cards Of 2019 (#GotBitcoin?)

Real Estate Brokerages Now Accepting Bitcoin (#GotBitcoin?)

Ernst & Young Introduces Tax Tool For Reporting Cryptocurrencies (#GotBitcoin?)

How Will Bitcoin Behave During A Recession? (#GotBitcoin?)

Investors Run Out of Options As Bitcoin, Stocks, Bonds, Oil Cave To Recession Fears (#GotBitcoin?)

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