Weekly market update / outlook and weekly Bitcoin news:

• Biden, Republicans strike tentative deal to raise US debt ceiling
• Moody's on de-dollarization:  rating agency labels US debt default a 'near term danger to the dollar's position'
• Bitcoin rises back above $27,000 after Hong Kong greenlights some retail crypto trading
• Bitcoin holds 200-week average as trader says 'inflection point' is here
• Worldcoin and the intellectual decline of venture capital
• Tax attacks won't kill Bitcoin:  regulators must learn and accept new technology
• Check out "Why Multisignature is Important for Cold Storage" on substack

 

Substack: Bitcoin Fortress

Twitter: Bitcoin Fortress

Books: Amazon Author Page

 

Mentioned in this week's Podcast:

https://news.bitcoin.com/biden-republicans-strike-tentative-deal-to-raise-us-debt-ceiling/

https://news.bitcoin.com/moodys-on-de-dollarization-rating-agency-labels-us-debt-default-a-near-term-danger-to-the-dollars-position/

https://www.cnbc.com/2023/05/23/bitcoin-rises-after-hong-kong-greenlights-some-retail-crypto-trading.html

https://cointelegraph.com/news/bitcoin-holds-200-week-average-as-trader-says-inflection-point-is-here

https://www.coindesk.com/consensus-magazine/2023/05/26/worldcoin-and-the-intellectual-decline-of-venture-capital/

https://bitcoinmagazine.com/culture/bitcoin-tax-attacks-are-regulatory-fear

https://bitcoinfortress.substack.com/p/why-multisignature-is-important-for