Bitcoin's sweet 16 has never looked better. This week, I'll unpack the hard data behind the new wave of adoption that's transforming magic internet money into mainstream reality.
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LINKS:
- BTC ETFs Record Massive $870 Million Inflows
- BTC price risks new 'FOMO' top as Bitcoin ETF inflows near $1B daily
- Spot Bitcoin ETFs on track to overtak Satoshi Nakamoto's BTC holdings by year-end
- IBIT took in more $$$ *today* than all but 7 of the 590+ ETFs launched in 2024 have taken in *all year*
- The market is getting even more concentrated
- Microsoft to vote for or against "Assessment of Investing in Bitcoin" during shareholder meeting in December
- CNBC reports on the soaring national deficit’s role in the election, noting that “neither politicians nor the public seem to care.”
- The US Treasury expects to drain $186 billion this quarter from its general account plus borrow $546 billion, and then borrow $823 billion in the first quarter of 2025. That’s $1.6 trillion of overdraft spending in the next 6 months.
- The Case for Bitcoin as a Reserve Asset
- This is a very bullish setup for bitcoin into the election, says VanEck's Matthew Sigel - YouTube
- New FinCEN Alert Shows Cash, Smuggling Preferred Method For Hezbollah Financing
- Stephen Mollah Q&A - YouTube
- Macroeconomist claims to be Satoshi, creator of ChatGPT, and Twitter logo designer
- US Treasury says stablecoin growth is increasing demand for T-bills
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