Bitcoin's hot signals, HUGE markup coming, USA plans Bitcoin Reserve strategy? - Ep.160

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price has descended a smidge into the $63k range. This is the second cool-off day after a huge markup — totally normal.

It's been almost 8 years since $BTC last saw this bullish cross. After that, we saw the 2017 bull run. Do what you want with the information, I'm just saying it happened again.👀🔥. POST: https://x.com/el_crypto_prof/status/1813861045972435412

The NVT ratio is an important indicator for #Bitcoin. It hits the lowest, negative number in the past 2.5 years. Worse than the collapse during Luna, or the correction in the Summer of last year, or after the Bitcoin listing. The correction is over, buckle up. POST: https://x.com/CryptoMichNL/status/1813876374014423455

EXTREMELY BULLISH SIGNS:

TRUMP: "Jamie Dimon was, you know, very negative and now all of a sudden he’s changed his tune a little bit [on #Bitcoin ],” POST: https://primal.net/e/note1pk9v0r268rz6xe0f03wrqp0sxm7hclasha27844qxwrv7h2hz7ss0l2nfq

Federal Reserve Chair Jerome Powell says #Bitcoin has “staying power.” Here we go 🚀. POST: https://primal.net/e/note1c258cykfhetrf8y8j8xcznp4unznwx74yxydyprgg85r4my74xdsqxv0er

Only took 4 years to go from "I would rather have bananas" to "Global Currency”. "First they ignore you, then they laugh at you, then they fight you, then you win." #Bitcoin. POST: https://primal.net/e/note1y4ggvtwev43w72mqwzz95krhrx9s60nh2tzc2rez0ysjdk2h90nsv2s6d5

BREAKING: 🇺🇸 Rumours growing that Trump will announce a #Bitcoin Strategic Reserve policy for the United States next week. POST: https://x.com/BTC_Archive/status/1813969103113388117

FIAT/GOVERNMENT NONSENSE:

Trump moved just in time. This close🤏. POST: https://x.com/RadarHits/status/1813632343153995806

BIDEN TESTS POSITIVE FOR COVID. POST: https://x.com/RadarHits/status/1813696793898569945

JUST IN: 🇺🇸 BIDEN MAY QUIT THIS WEEKEND
- President Biden may decide to drop out of the presidential race as soon as this weekend - Axios
- Obama urges Biden to reconsider his campaign as path to victory is "narrow" - WP
- Pelosi tells Biden the polls have him losing - CNN.
POST: https://x.com/RadarHits/status/1813973069330813039

CBDC VS. BITCOIN:

Bitcoin or Slavery!!! POST: https://x.com/SimplyBitcoinTV/status/1813764289452560779

BROADER REALITY:

Don’t underestimate the power of #Bitcoin. @gladstein. POST: https://x.com/sfliberty/status/1645728492498157568

MINING:

U.S.-Listed Bitcoin Miners' Share of Global Hashrate Reached Record in July: JPMorgan. U.S.-listed bitcoin miners’ share of the global hashrate hit a record 26.6%. ARTICLE: https://www.coindesk.com/markets/2024/07/16/us-listed-bitcoin-miners-share-of-global-hashrate-reached-record-in-july-jpmorgan/

OPEN-SOURCE BITCOIN DEVELOPMENT:

Arthur Hayes' Maelstrom Fund Launches Bitcoin Developer Grant Program. Arthur Hayes, Co-Founder of BitMEX & CIO at Maelstrom, venture fund managed by his family office, announced a grant program to support open-source Bitcoin developers. ARTICLE: https://www.nobsbitcoin.com/arthur-hayes-maelstrom-fund-launches-bitcoin-developer-grant-program/

LOL:

When a word can mean something different according to who you are describing. POST: https://primal.net/e/note1naxasym3my76zx54c4gez9rpzf9y5jwl5jfnw76qrc9tq6z9vejqpu42g3

The Netflix adaptation. (Credit: @snicklink). POST: https://x.com/WallStreetSilv/status/1813976469527552159

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