Weekly market recap / outlook and weekly Bitcoin news:

• Why everyone is keeping a close eye on Mt. Gox and US Government Bitcoin wallets
• If US defaults on debt, Bitcoin could rise nearly 70%, says Standard Chartered analyst
• US House will have crypto bill in 2 months
• Zimbabwe's de-dollarization:  Central Bank to issue gold-backed digital currency in early May
• US Senator Ted Cruz:  "I like BTC for the same reason the Chinese Communist Government doesn't like BTC"
• Paypal upgrades crypto services to 60 million Venmo users, allowing transfers to external wallets and exchanges
• Lightning Labs unveils upgrade to boost Bitcoin accessibility for billions of people - here's how it works
• First Republic auction underway with deal expected Sunday
• Check out "Managing the Transition to a Bitcoin Future" on substack

 

 

Substack: Bitcoin Fortress

Twitter: Bitcoin Fortress

Books: Amazon Author Page

 

Mentioned in this week's Podcast:

https://finance.yahoo.com/news/why-everyone-keeping-close-eye-120102252.html

https://finance.yahoo.com/news/u-defaults-debt-bitcoin-could-204123010.html

https://www.coindesk.com/policy/2023/04/28/us-house-will-have-crypto-bill-in-2-months-mchenry/

https://news.bitcoin.com/zimbabwes-de-dollarization-central-bank-to-issue-gold-backed-digital-currency-in-early-may/

https://news.bitcoin.com/us-senator-ted-cruz-i-like-btc-for-the-same-reason-the-chinese-communist-govt-doesnt-like-btc/

https://news.bitcoin.com/paypal-upgrades-crypto-services-to-60-million-venmo-users-allowing-transfers-to-external-wallets-and-exchanges/

https://cryptonews.com/news/lightning-labs-unveils-upgrade-boost-bitcoin-accessibility-for-billions-of-people-heres-how-it-works.htm

https://www.reuters.com/markets/deals/first-republic-auction-underway-with-deal-seen-by-sunday-sources-2023-04-29/

https://bitcoinfortress.substack.com/p/managing-the-transition-to-a-bitcoin