Thriller "A Bitcoin Zine"

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<p>$2 Trillion Stimulus Package Passed, President set ✍️ to sign on Friday. </p> <p>The House voted 220-211 on Wednesday to approve the Senate's revised version of President Biden's $1.9 trillion coronavirus relief package, sending the bill to Biden's desk to be signed. </p> <p>It includes $1,400 stimulus payments for most taxpayers; $300 weekly federal jobless aid through early September; funding for vaccine distribution and testing; an expansion of the child tax credit; and a pot of money for state and local governments. </p> <p>The measure is the sixth major coronavirus relief bill Congress has authorized in a year, bringing the total sum…</p>

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<p>Today we discuss Bitcoin in March </p> <p>TradingShot Chart via Trading View </p> <p>Bitcoin Market Health </p> <p>Bitcoin’s hashrate hit new high in February. </p> <p>Bitcoin’s hashrate has hit a new all-time high over 160 million TH/s, and while it has since dropped slightly. As the price of Bitcoin kept on rising, miners seemingly bet more on mining equipment and added more hashrate to the network. The figure is bullish as hell. </p> <p>According to Stock to Flow we should be at 66K-69K in March. </p> <p>BTC Past in Repeat?<br /> <…</p>

<p>NY AG’s $850M Probe of Bitfinex, Tether Ends in an $18.5M Settlement</p> <p>In a closely watched case with wide-ranging implications for the crypto market, Tether has admitted no wrongdoing and will provide reports on USDT’s reserve composition for two years.</p> <p>news coming from Nikhilesh De via <a href="https://www.coindesk.com/ny-ags-850m-probe-of-bitfinex-tether-ends-in-an-18-5m-settlement">CoinDesk</a></p> <p>In a statement, New York Attorney General Letitia James said, “Bitfinex and Tether recklessly and unlawfully covered up massive financial losses to keep their scheme going and protect their bottom lines. Tether’s claims that its virtual currency was fully backed by U.S. dollars at all times was a lie.”</p> <p>The settlement may help resolve, one way or another, a question that has long bedeviled the entire $1.6 trillion global cryptocurrency market. By requiring Tether to provide a greater level of transparency than ever about the backing of its USDT stablecoin – a foundational piece of crypto’s plumbing – the arrangement could replace whispers and conjecture with regular data.</p> <p>New York’s attorney general sued Bitfinex and Tether nearly two years ago.</p> <p>Today, they settled for $18.5 million. Tether and Bitfinex have to pay $18.5 million in fines and, perhaps more damaging, cease all trading activities in New York State. </p> <p>For the next two years, they’ll also be required to submit quarterly reports about how much money they have in their reserves, as well as how they’re working to exclude New Yorkers from their services.</p> <p>The Attorney General has also mandated that Tether and Bitfinex include information about transfers of funds, along with “verification that Bitfinex and Tether have appropriately segregated client, reserve, and operational accounts.”</p> <p>Bitcoin Completed a -20% Correction. Buy the Dip?</p> <p>chart coming from TradingShot via <a href="https://www.tradingview.com/u/TradingShot/">TradingView</a></p> <p>What is Behind the Bitcoin Sell Off?</p>

<p>Subscribe via iTunes or Substack. Also follow on Twitter and Medium."If you enjoyed listening to this episode and you want a really easy way to support Thriller Premium, why don't you head over to Apple Podcasts and leave us a quick rating or even a review?Please leave a Review. Just go to ThrillerRating.com and that should open up Apple Podcasts.Podcast reviews are pretty darn important and the more reviews we receive, the more likely we'll be able to get Thriller Premium in front of more people.I am very appreciative for each one of you and would be extremely grateful if you left a 5 star review showing support. I read pretty much all the reviews that you guys leave over there. Thank You."🔊 For Podcast ⚡ Lightning ⚡ ListenersYou can now use an app and support streaming sats to Thriller Premium.Mobile: Breez is an excellent non-custodial Lightning walletMobile + Desktop: Sphinx Chat also supports streaming to podcastsDesktop/Browser: podStation browser extensionMobile + Desktop: PodFriend as app and on webMobile + Desktop: CurioCaster as a progressive web appMore information is available at https://satoshis.stream This is a public episode. Get access to private episodes at www.thrillerpremium.com/subscribe</p>

<p>Bitcoin Chart by Trading Shot via Trading View </p> <p>“Thriller Podcast” has been around since early 2017 with over 400 bitcoin & crypto episodes broadcasting to over 160 countries. You can listen to all 4 Seasons with all the latest episodes at ThrillerX.com </p> <p>The release of Thriller Podcast's first audiobook is released. It is called, One Satoshi at a Time: How Bitcoin Will Change The World. Total runtime is just about 3hrs 54min. Please make sure to share with everyone you know. </p> <p>That’s right head over to BitcoinAudioBook.com to get your copy or listen to it there…</p>

<p>Mastercard to Support Cryptocurrency Payments in 2021</p> <p>Mastercard is moving beyond crypto cards to support direct payments in "select cryptocurrencies"—but not Bitcoin</p> <p>news coming from Jeff Benson via <a href="https://decrypt.co/57358/mastercard-to-support-cryptocurrency-payments-in-2021">Decrypt</a></p> <p>According to a source familiar with the matter, the functionality will see Mastercard customers’ digital currency payments settled in crypto at participating merchants, a first for the financial giant. The company has not yet disclosed which digital currencies it intends to support, or where.</p> <p>Mastercard will allow customer-to-merchant payments in cryptocurrency this year without the need to settle in fiat.</p> <p>The announcement makes clear that Mastercard is interested in integrating stablecoins rather than assets like Bitcoin.</p> <p>Visa has also mulled running cryptocurrencies on its network.</p> <p>'Very Unlikely' Central Banks Will Hold Bitcoin: ECB President</p> <p>news coming from Mathew Di Salvo via <a href="https://decrypt.co/55272/defi-market-cap-reaches-45-billion-as-token-prices-shoot-up">Decrypt</a></p> <p>The European Central Bank’s president, Christine Lagarde, has again made her stance on Bitcoin crystal clear.</p> <p>Lagarde today reportedly said central banks would not hold the currency in the near future.</p> <p>But the president did add that a digital version of the Euro could be ready within four years. </p> <p>The Aftermath of Tesla Buying 1.5 Billion of Bitcoin</p>

<p>Tesla Buys $1.5 Billion in Bitcoin</p> <p>Tesla Inc. said Monday that it bought $1.5 billion in bitcoin, the electric-vehicle company also said it expects to start accepting bitcoin as payment for its products soon. Bitcoin prices jumped more than 10% after the announcement.</p> <p>Tesla disclosed its bitcoin purchase in its latest annual report, saying the move aims to “diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.” Tesla said a board committee had approved changes to company rules on investments, adding that it can also invest cash in gold bullion and gold exchange-traded funds among other assets. The bitcoin purchase, likely among the largest by a public company, comes after a rally in 2020 when the price more than quadrupled. Tesla is joining a handful of other companies that have disclosed bitcoin holdings. </p> <p>Tesla Buying Since December?!?</p> <p>$75000 is a Realistic Target from here. According to TradingShot.</p> <p>Bitcoin Charts by TradingShot via <a href="https://www.tradingview.com/u/TradingShot/">TradingView</a></p>

<p>“Thriller Podcast” has been around since early 2017 with over 400 bitcoin & crypto episodes broadcasting to over 160 countries. You can listen to all 4 Seasons with all the latest episodes at ThrillerX.com </p> <p>The release of Thriller Podcast's first audiobook is released. It is called, One Satoshi at a Time: How Bitcoin Will Change The World. Total runtime is just about 3hrs 54min. Please make sure to share with everyone you know. </p> <p>That’s right head over to BitcoinAudioBook.com to get your copy or listen to it there and please share with the world. </p> <p>Want a…</p>

<p>Thriller Premium is covering MicroStrategy World.Now 2021 for the first year, because MicroStrategy is the first publicly traded company to invest significant treasury assets in Bitcoin. At World.Now, you'll hear from MicroStrategy Chairman and CEO Michael Saylor, as well as a slate of BTC industry luminaries, as they discuss this groundbreaking treasury reserve strategy. Were excited as hell to cover this event this year and bring you all the latest highlights to keep you up to date in what is going on with the Corporate adoption space of Bitcoin.</p> <p>Our second day agenda, MicroStrategy interview senior executives from the leading vendors of Bitcoin products & services for corporations. Each interview lasts approximately 25 minutes and cover a broad range of topics. All interviews were conducted by either Michael Saylor (Chairman & CEO) or Phong Le (President & CFO). The goal is at the end of the second day, participants should have familiarity with key elements of Bitcoin strategies, tools & methods necessary to get started, & now know strategic vendors & offerings in the marketplace.</p> <p>Highlights</p> <p>Galaxy Digital Presentation with Mike Novogratz</p> <p>About Galaxy DigitalGalaxy Digital is a diversified financial services and investment management company dedicated to the digital assets and blockchain technology industry. Galaxy Digital's multi-disciplinary team has extensive experience spanning investing, portfolio management, capital markets, venture capital, mining, and blockchain technology. Galaxy Digital currently operates four distinct business lines, which include: Trading, Asset Management, Principal Investing, and Investment Banking. Galaxy Digital's CEO and Founder is Michael Novogratz. The Company is headquartered in New York City, with offices in Chicago, San Francisco, Tokyo, the Cayman Islands (registered office), New Jersey and Hong Kong.</p> <p>SPEAKERS:</p> <p>Mike NovogratzCEO, Galaxy Digital</p> <p>Michael Novogratz is the Founder, CEO and Chairman of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Prior to Fortress, Mr. Novogratz spent 11 years at Goldman Sachs, where he was elected Partner in 1998. Mr. Novogratz served on the New York Federal Reserve’s Investment Advisory Committee on Financial Markets from 2012 – 2015. Mr. Novogratz serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family’s foundation. He also serves as the Chairman of Hudson River Park Friends, and sits on the boards of NYU Langone Medical Center, the Princeton Varsity Club, Jazz Foundation of America, and Artists for Peace and Justice. Mr. Novogratz received an AB in Economics from Princeton University, and served as a helicopter pilot in the US Army.</p> <p>Michael J. SaylorChairman and CEO, MicroStrategy</p> <p>Michael Saylor (<a href="http://michael.com/">michael.com</a>) is the Chairman & CEO of MicroStrategy (MSTR), a publicly traded business intelligence firm that he founded in 1989. He is also the founder of <a href="http://alarm.com/">Alarm.com</a> (ALRM), named inventor on 40+ patents, & author of the book “The Mobile Wave”. He founded & serves as trustee for the Saylor Academy (<a href="http://saylor.org/">saylor.org</a>), a non-profit organization that has provided free education to 800,000+ students. He is an advocate for the Bitcoin Standard (<a href="http://hope.com/">hope.com</a>). He has dual degrees from MIT in Aerospace Engineering & History of Science.</p> <p>Kraken Presentation with Jesse Powell</p> <p>About KrakenFounded in 2011, San Francisco-based Kraken is the largest Bitcoin exchange in euro volume and liquidity and also trading Canadian dollars, US dollars, British pounds and Japanese yen. Kraken is consistently rated the best and most secure Bitcoin exchange by independent news media. Kraken was the first Bitcoin exchange to have trading price and volume displayed on…</p>

<p>Thriller Premium is covering MicroStrategy World.Now 2021 for the first year, because MicroStrategy is the first publicly traded company to invest significant treasury assets in Bitcoin. At World.Now, you'll hear from MicroStrategy Chairman and CEO Michael Saylor, as well as a slate of BTC industry luminaries, as they discuss this groundbreaking treasury reserve strategy. Were excited as hell to cover this event this year and bring you all the latest highlights to keep you up to date in what is going on with the Corporate adoption space of Bitcoin.</p> <p>Our first day agenda, MicroStrategy provided a concise yet comprehensive overview of the topics corporations needed to address as they develop & implement their Bitcoin strategy.</p> <p>Topics included:</p> <p> 1. Macroeconomic environment, outlook, treasury & investment strategy 2. Integrating Bitcoin into the Balance Sheet or P&L of public & private companies 3. Financial, Operational, Systems, & Execution Considerations 4. Legal & Regulatory Considerations 5. Accounting, Tax, & Audit Considerations</p> <p>Highlights</p> <p>Bitcoin Macro Strategy</p> <p>Bitcoin as an investment grade, safe-haven treasury reserve asset. Bitcoin is the solution to the store of value problem faced by all corporations & their customers. In this session, we will discuss:</p> <p>Bitcoin as the emerging dominant monetary network</p> <p>The pros & cons of other assets as a treasury reserve</p> <p>The macroeconomic outlook for the coming four years</p> <p>The history of Bitcoin & structure of the crypto industry</p> <p>Critical developments this year and outlook for next year</p> <p>SPEAKERS:</p> <p>Michael J. Saylor Chairman and CEO, MicroStrategy</p> <p>Michael Saylor (<a href="http://michael.com/">michael.com</a>) is the Chairman & CEO of MicroStrategy (MSTR), a publicly traded business intelligence firm that he founded in 1989. He is also the founder of <a href="http://alarm.com/">Alarm.com</a> (ALRM), named inventor on 40+ patents, & author of the book “The Mobile Wave”. He founded & serves as trustee for the Saylor Academy (<a href="http://saylor.org/">saylor.org</a>), a non-profit organization that has provided free education to 800,000+ students. He is an advocate for the Bitcoin Standard (<a href="http://hope.com/">hope.com</a>). He has dual degrees from MIT in Aerospace Engineering & History of Science.</p> <p>Bitcoin Corporate Strategy</p> <p>Bitcoin can be integrated into the P&L as well as the balance sheet of corporations.</p> <p>Bitcoin treasury strategy</p> <p>Bitcoin product strategy</p> <p>Bitcoin service strategy</p> <p>Bitcoin for competitive advantage</p> <p>Bitcoin to avoid solvency challenges</p> <p>Examples of corporations successfully integrated Bitcoin</p> <p>Future opportunities & competitive dynamics</p> <p>SPEAKER:</p> <p>Michael J. SaylorChairman and CEO, MicroStrategy</p> <p>Michael Saylor (<a href="http://michael.com/">michael.com</a>) is the Chairman & CEO of MicroStrategy (MSTR), a publicly traded business intelligence firm that he founded in 1989. He is also the founder of <a href="http://alarm.com/">Alarm.com</a> (ALRM), named inventor on 40+ patents, & author of the book “The Mobile Wave”. He founded & serves as trustee for the Saylor Academy (<a href="http://saylor.org/">saylor.org</a>), a non-profit organization that has provided free education to 800,000+ students. He is an advocate for the Bitcoin Standard (<a href="http://hope.com/">hope.com</a>). He has dual degrees from MIT in Aerospace Engineering & History of Science.</p> <p>Bitcoin Corporate Playbook</p> <p>A walkthrough of key strategic and operational considerations and associated steps to consider for corporations integrating Bitcoin into a treasury reserve strategy.</p> <p>Corporate governance</p> <p>Vendor selection & due diligence</p> <p>Execution technique</p> <p>Systems & risk controls</p> <p>Debt, equi…</p>

<p>Today we discuss Bitcoin in February </p> <p>TradingShot Chart via Trading View </p> <p>Bitcoin Market Health </p> <p>We are right where we were in December 2020. </p> <p>According to Stock to Flow we should be at 44K-46 K </p> <p>BTC Past in Repeat? </p> <p>Charts via Glassnode Studio </p> <p>r/Wallstreetbets effect on the Bitcoin and Crypto Market in February… </p> <p>SEC already released a note about the Gamestop debacle earlier this week, but it’s piling on with a new letter from its acting chair and commissioners (that includes Hester Peirce, (“Crypto…</p>

<p>In 1973 World Economic Forum founder Klaus Schwab launched the first Davos Manifesto, a set of ethical principles. 50 years after its founding, the Forum has launched a new manifesto. The global economy has undergone a huge transformation in this time, with the rise of big tech, China, wage inequality and ethi cal companies.</p> <p>Thriller Premium is at it again covering Davos again this year, covering global insights into the impact Crypto & Bitcoin has on wider issues such as responding to Covid-19, restoring economic growth and advancing this new social contract.</p> <p>Highlights</p> <p>Resetting Digital Currencies (Option 1)</p> <p>COVID-19 has accelerated the long-term shift from cash, with an 8% increase in non-cash payments in the euro area in 2020. Meanwhile, central bank digital currencies are emerging, potentially transforming how people use money worldwide.What policies, practices and partnerships are needed to leverage the opportunities posed by the rise of digital currencies?This session is associated with the following projects and initiatives of the World Economic Forum: Digital Currency Governance Consortium, and Reimagining Regulation: Pathways to Digital Currency.</p> <p>Andrew Bailey</p> <p>Currently Executive Director Banking and Chief Cashier at the Bank of England. Appointed to current role in January 2004 and has several key responsibilities to fulfil. Member of the Governor's Executive Team, which is the bank's senior management group. Formerly, Research Officer at the London School of Economics, before joining the Bank of England in 1985. BA and PhD, Queens' College, Cambridge.</p> <p>Glenn H. Hutchins</p> <p>Chairman, North Island and North Island Ventures; Co-Founder, Silver Lake. Director, AT&T, Virtu Financial and Digital Currency Group; Co-Chair, Brookings Institution and CARE; Member, Executive Committee, Boston Celtics Basketball Team and the Obama Foundation; Member of the Board, New York Presbyterian Hospital and the Center for American Progress. Member, Investment Board, Singapore’s Government Investment Corporation. Formerly: Director and Chair, Audit and Risk Committee, Federal Reserve Bank of New York; served President Clinton during the transition and in the White House as a Special Adviser on Economic and Healthcare Policy. Former: Chairman of the Board, SunGard Data Systems and Instinet; Director, Nasdaq; Director, Harvard Management Company; Co-Chairman, Harvard University’s capital campaign. Co-founded, with wife, the Hutchins Family Foundation which supports the construction of the Obama Presidential Center and has created the Hutchins Center for African & African American Research at Harvard University; the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution; and the Chronic Fatigue Initiative. Published essays on economic and public policy in the Wall Street Journal, New York Times, Washington Post, Financial Times, Fortune and Foreign Affairs. Fellow, American Academy of Arts and Sciences. BA, Harvard College; MBA, Harvard Business School; JD, Harvard Law School.</p> <p>Strengthening the Financial and Monetary System (Option 1)</p> <p>Governments responded swiftly to the COVID-19 pandemic by providing fiscal and monetary support as well as adapting regulatory requirements to this new context. This Leadership Panel assesses the current health of the financial system, identifies potential emerging financial risks resulting from these historic interventions, and reflects on how industries and governments can work together to make key financial institutions more resilient in 2021.</p> <p>Yi Gang</p> <p>Governor, The People's Bank of China</p> <p>PhD in Economics. 1978-80, studies, Department of Economics, Peking University. 1980-86, studied Business Administration, Hamline University; then pursued Doctorate in Economics, University of Illinois. 1986-94, Assistant Professor, Associate Professor, then Professor, Department of Economics, Indiana Univer…</p>

<p>MicroStrategy will eventually be among the 5 Big Tech Companies in the World. </p> <p>Facebook, Amazon, Google, Apple, Microsoft, MicroStrategy, Tesla who makes it out alive in the 2020’s? </p> <p>news coming from Tim Copeland via Decrypt </p> <p>MicroStrategy now holds 70,784 Bitcoin in total. According to the filing, the firm's average purchase price at $16,035 per coin. This is higher than it was previously, because the firm purchased new coins. In December, the firm completed its purchase of 29,646 Bitcoin. It managed to do so by raising $650 million in debt securities in order to invest further into Bitcoin. </p> <p>…</p>

<p>News reported from Danny Nelson via <a href="https://www.coindesk.com/blackrock-give-two-funds-go-ahead-to-invest-in-bitcoin-futures">CoinDesk</a></p> <p>A dipping of toes…</p> <p>BlackRock, the world’s largest asset manager with $7.81 trillion under management, appears to have granted at least two of its funds the ability to invest in bitcoin futures.</p> <p><a href="https://www.sec.gov/edgar/search/#/q=bitcoin&dateRange=custom&entityName=BlackRock&startdt=2021-01-20&enddt=2021-01-20">Prospectus documents</a> filed with the U.S. Securities and Exchange Commission Wednesday indicate that BlackRock Global Allocation Fund Inc. and BlackRock Funds V are at least eyeing bitcoin. They both include the world’s oldest cryptocurrency on their lists of derivative products cleared for use.</p> <p>BlackRock did not state which commodity exchange it will choose to execute these crypto futures buys. However, the funds may only invest in cash-settled bitcoin futures. CME is the only exchange registered with the Commodity Futures Trading Commission (CFTC) that offers similar futures products at this time. The filings warn that investments in these futures could carry illiquidity risks due to the “relatively new” market. Regulatory changes, volatility and valuation risks could similarly weigh on the price and thus “adversely impact a Fund.”</p> <p>The filings appear to mark BlackRock’s entrance into the bitcoin market.</p> <p>Before Wednesday, the investments giant has never so much as mentioned “bitcoin” in any of its regulatory filings. But that appears to be changing: “Certain Funds may engage in futures contracts based on bitcoin,” the prospectus documents state.</p> <p>Bitcoin 28K incoming?</p> <p>Bitcoin Charts by TradingShot via <a href="https://www.tradingview.com/u/TradingShot/">TradingView</a></p> <p>Bearish and Bullish all at once…what is going on?</p>

<p>Today we discuss Bitcoin Baby…</p> <p>TradingShot Chart via <a href="https://www.tradingview.com/u/TradingShot/">Trading View</a></p> <p>How Serious am I about 75K?</p> <p>News gathered from <a href="https://www.coindesk.com">CoinDesk</a></p> <p>Bitcoin is at it again. Last month, the price of the virtual currency quietly breached a new all-time high, cruising well past its prior peak of $19K set in 2017, and has been hovering around $36K at the time of writing. This follows a nearly 90% decline from those previous highs early in late 2018. This Year we have only fallen 20%. In 2013 Bitcoin moved from $240 to $410 in one week, in 2017 moved from $2400 to 4100 in one week and did same thing in 2020 moving from $24000 to 41000 in one week.</p> <p>Well Quite Frankly these things are bullish for Bitcoin until the next halving.</p> <p>Institutional buyers and wealthy individuals are still buying Bitcoin Grayscale had its biggest purchase day on the 15th this Month at 700 Million.</p> <p>Speaking at an online event hosted by Princeton University in New Jersey, Jerome Powell said, “We don’t feel an urge or need to be first” on CDBCs. “Effectively,” Powell continued, “we already have a first-mover advantage because [the U.S. dollar is] the reserve currency.”</p> <p>Powell estimated it will take “years rather than months” before the Fed releases a CBDC, despite early studies of digital dollar–friendly blockchains at the central bank’s Boston outpost.</p> <p>Now Elon Musk…</p> <p>2020 into 2021 - Will it happen again?</p> <p>2012 into 2013 - The Original Double Top.</p> <p>Charts via <a href="https://studio.glassnode.com/reports">Glassnode Studio</a></p>

<p>“Thriller Podcast” has been around since early 2017 with over 400 bitcoin & crypto episodes broadcasting to over 160 countries. You can listen to all 4 Seasons with all the latest episodes at ThrillerX.com </p> <p>The release of Thriller Podcast's first audiobook is released. It is called, One Satoshi at a Time: How Bitcoin Will Change The World. Total runtime is just about 3hrs 54min. Please make sure to share with everyone you know. </p> <p>That’s right head over to BitcoinAudioBook.com to get your copy or listen to it there and please share with the world. </p> <p>Want a…</p>

<p>News gathered from every Bitcoin OG</p> <p>A Repeat of 2013…</p> <p>Bitcoin's parabolic rise during 2013 from $13 to $1,100 caught the attention of the mainstream media and brought many new investors to the market. For those who bought in at the top, the sudden crash to below $700 and the continuing slide downwards to a low of just over $200 by mid-January 2015 hit hard. Many of these people decided to cut their losses and cash out during this period, thinking that it was the end of the road for Bitcoin.</p> <p>2013: "Becoming next bubble"</p> <p>2021: "Integrated into financial system"</p> <p>Lets Talk Tether…</p> <p>Tether Passage via <a href="https://danheld.substack.com/">Dan Held</a></p> <p>Bitcoin to 75K by April?</p> <p>Bitcoin Charts by Bitcoin Jack via <a href="https://twitter.com/BTC_JackSparrow/status/1346101283065888768/photo/3">Twitter</a></p> <p>What to make of all this?</p>

<p>JP Morgan Bets Big on Bitcoin</p> <p>news coming from M. Corey Goldman via <a href="https://www.thestreet.com/investing/bitcoin-cryptocurrency-146000-jpmorgan-analysts">The Street</a></p> <p>In a research note to clients, analysts at JPMorgan Chase predicted a long-term bitcoin price target of more than $146,000 based on the assumption that the cryptocurrency will grow in popularity as an alternative to gold, which has traditionally been used as an inflation and volatility hedge, as well as protection against a falling U.S. dollar.</p> <p>“A crowding out of gold as an ‘alternative’ currency implies big upside for bitcoin over the long term,” wrote JPMorgan Chase strategists led by Nikolaos Panigirtzoglou. However, “a convergence in volatilities between bitcoin and gold is unlikely to happen quickly, and is in our mind a multiyear process.</p> <p>TradingShot Chart via <a href="https://www.tradingview.com/u/TradingShot/">Trading View</a></p> <p>“This implies that the above $146,000 theoretical bitcoin price target should be considered as a long-term target, and thus an unsustainable price target for this year,” they said.</p> <p>US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins</p> <p>news coming from Nikhilesh De via <a href="https://www.coindesk.com/occ-banks-stablecoin-payments">CoinDesk</a></p> <p>Brian Brooks, the Acting Comptroller of the Currency, said in a statement that while other nations have built real-time payments systems, the U.S. “has relied on” the private sector to create such technologies, seemingly endorsing the use of cryptocurrencies – specifically stablecoins – as an alternative to other real-time payment systems.</p> <p>Brooks has overseen the publication of two other interpretative letters and a number of other crypto-friendly moves during his time overseeing the agency, including a letter telling federal banks they can provide services to stablecoin issuers and store reserves for stablecoins.</p> <p>Last month, Brooks announced his support <a href="https://www.coindesk.com/presidential-advisory-group-weighs-in-on-regulatory-approach-to-stablecoins">of a letter</a> by the President’s Working Group on Financial Markets that outlined how stablecoins should be regulated within the U.S.</p> <p>President Donald Trump has twice nominated Brooks to serve a full five-year term heading up the agency, including <a href="https://twitter.com/nikhileshde/status/1345948952038879232">earlier this week</a>. However, it’s unclear whether the U.S. Senate will schedule a confirmation vote. As of press time, it does not appear likely it will do so before President-elect Joe Biden takes office on Jan. 20.</p> <p>Bitcoin Fighting Regulators 👀</p> <p>news coming from <a href="https://www.coindesk.com/150k-btc-crypto-wallet-rule-stablecoins">CoinDesk</a></p> <p>11th hour?A comment period for a proposed set of rules that would increase reporting requirements for crypto exchanges and minimize blockchain user privacy closed yesterday, with many major crypto firms rejecting the maneuver.</p> <p>Spearheaded by the U.S. Treasury Department in December, but shaped primarily by the global Financial Crimes Enforcement Network (FinCEN), the set of rules would see exchanges implement know-your-customer (KYC) requirements for transactions sent to unhosted wallet addresses, or addresses that exist outside a centralized or custodial setting.</p> <p>This would mean many types of personal wallets as well as counterparties to exchanges’ customers would need to be identified. Reporting limits would be set for private wallets that receive more than $10,000 in 24 hours, and record-keeping rules for transactions valued at over $3,000. FinCEN and the Treasury Department claim the increased surveillance will aid criminal enforcement and reduce financial malfeasance.</p> <p>The proposal was rushed out late on Friday, Dec. 18 – a week before many U.S. employees might expect to break for the winter holiday season – with the Treasury setting…</p>

<p>Today we discuss Bitcoin in January </p> <p>TradingShot Chart via Trading View </p> <p>Bitcoin Market Health </p> <p>BTC Past in Repeat? </p> <p>2016 into 2017 </p> <p>2011 into 2012 </p> <p>2020 into 2021 - Will we see another 30% drop? </p> <p>Charts via Glassnode Studio </p> <p>More Institutional money is flowing in 2021… </p> <p>Grayscale up and over 2 Billy from last year! </p> <p>Charlie Morris from ByteTree has identified 50 companies, with a surplus of cash. “They are growth companies and aren’t naturally high dividend payers. Their capital-light businesses are so profitable that they don’t need the…</p>

<p>Subscribe via iTunes or Substack. Also follow on Twitter and Medium. </p> <p>"If you enjoyed listening to this episode and you want a really easy way to support Thriller Premium, why don't you head over to Apple Podcasts and leave us a quick rating or even a review? </p> <p>Please leave a Review. Just go to ThrillerRating.com and that should open up Apple Podcasts. </p> <p>Podcast reviews are pretty darn important and the more reviews we receive, the more likely we'll be able to get Thriller Premium in front of more people. </p> <p>I am…</p>

<p>Subscribe via iTunes or Substack. Also follow on Twitter and Medium. </p> <p>"If you enjoyed listening to this episode and you want a really easy way to support Thriller Premium, why don't you head over to Apple Podcasts and leave us a quick rating or even a review? </p> <p>Please leave a Review. Just go to ThrillerRating.com and that should open up Apple Podcasts. </p> <p>Podcast reviews are pretty darn important and the more reviews we receive, the more likely we'll be able to get Thriller Premium in front of more people. </p> <p>I am…</p>

<p>News gathered from <a href="https://decrypt.co/50891/jpmorgan-chase-bitcoin-will-chip-away-at-golds-value-for-years-to-come">Decrpyt</a> and <a href="https://www.bloomberg.com/news/articles/2020-12-09/jpmorgan-says-gold-will-suffer-for-years-because-of-bitcoin?sref=R17xFhjo">Bloomberg</a></p> <p>JPMorgan Chase: Bitcoin Will Chip Away at Gold’s Value for Years to Come</p> <p>Strategists at JPMorgan Chase predict that institutional investors are moving from gold to Bitcoin.</p> <p>Since October, investments in the Grayscale Bitcoin Trust grew by $2 billion while gold-backed ETFs lost $7 billion.</p> <p>If the current trend continues over the coming years, Bitcoin's detrimental effect on gold's price would become much bigger.</p> <p>However the Chief Global Strategist at Morgan Stanley, Ruchir Sharma, says bitcoin’s rise is more due to the dollar.</p> <p>“Money printing is likely to continue, even when the pandemic passes,” Sharma says in an editorial for FT. “Trusted or not, bitcoin will gain from widening distrust in the traditional alternatives.”</p> <p>“Do not assume that your traditional currencies are the only stores of value, or mediums of exchange, that people will ever trust. Tech-savvy people are not likely to stop looking for alternatives, until they find or invent one. And stepping in to regulate the digital currency boom, as some governments are already considering, may only accelerate this populist revolt,” he says.</p> <p>Other Bullish News…</p> <p>Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has offered a more positive stance on bitcoin than in comments that made headlines last month.</p> <p>In a Reddit Ask Me Anything (AMA) on Tuesday, Dalio said he thought bitcoin and other cryptocurrencies had “established themselves” over the last 10 years and were interesting “gold-like asset alternatives” share similarities and differences to gold and various “limited-supply, mobile (unlike real estate) store holds of wealth.” Bitcoin “could serve as a diversifier to gold and other such store hold of wealth assets,” said Dalio. “The main thing is to have some of these type of assets … including stocks, in one’s portfolio and to diversify among them.”</p> <p>Bitcoin has become the largest bank in the world for the first time, overtaking JP Morgan in market cap after it rose above $18,900.</p> <p>That gave bitcoin a market cap of $350 billion, an all time high, beating JP Morgan’s $349 billion.</p> <p>Bitcoin to 21K still?</p> <p>Bitcoin Chart by TradingShot via <a href="https://www.tradingview.com/u/TradingShot/">Trading View</a></p> <p>Long-Term Holders Are Selling BTC</p> <p>via <a href="https://insights.glassnode.com/long-term-holders-selling-btc-bullish-signal/">Glass Node Insights</a></p>

<p>Fink of BlackRock Sees Bitcoin as ‘Global Market’ Asset</p> <p>news coming from Shaurya Malwa via <a href="https://decrypt.co/50139/ceo-of-7-trillion-fund-sees-bitcoin-as-global-market-asset">Decrypt</a></p> <p>BlackRock, the world’s largest fund manager with $7.2 trillion in assets, caters to family offices, retail investors, fund managers, and pension funds. And while it has yet to dip its toes in the crypto market, some of the firm’s top executives have previously spoken positively about cryptocurrencies.</p> <p>The upside predictions are not humble either. Just last month, BlackRock CIO Rick Rieder went as far as stating that Bitcoin could replace gold and was “here to stay,” adding the asset showed incredible staying power and was generally well received by millennials, as opposed to the yellow metal.</p> <p>Larry Fink, CEO of asset management firm BlackRock, said in a speech at the nonprofit body Council of Foreign Relations earlier this week that Bitcoin had “caught the attention and imagination of many people” and was poised to grow as an asset class.</p> <p>Mentioned during episode. 👇</p> <p>The Herd is Still Coming in 2021</p> <p>news coming from Frank Chaparro via <a href="https://www.theblockcrypto.com/daily/86414/coinbase-genesis-bitgo-wall-street-crypto-custody">The Block</a></p> <p>Lookout 👀Stablecoin Bill entered into Congress</p> <p>news coming from Jeff Benson via <a href="https://decrypt.co/50222/crypto-industry-votes-no-to-stablecoin-bill-in-congress">Decrypt</a>, Naomi Brockwell of <a href="https://www.youtube.com/channel/UCSuHzQ3GrHSzoBbwrIq3LLA">NBTV</a></p> <p>Three members of Congress have proposed a bill to regulate stablecoins.</p> <p>The STABLE Act would hold stablecoin issuers to some of the same standards as banks.</p> <p>Some cryptocurrency advocates think it will stifle innovation and further marginalize underbanked communities.</p> <p>It's the dying days of the 116th Congress, which ends on January 3, 2021. Any bills that haven't become law by then will die with it.</p> <p>But that's still plenty of time to kick the hornet's nest that is Crypto Twitter!</p> <p>Today, Congresswoman Rashida Tlaib announced the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act, which is co-sponsored by Representative Jesús “Chuy” García and Representative Stephen Lynch.</p>

<p>Today we discuss Bitcoin in December </p> <p>TradingShot Chart via Trading View </p> <p>Bitcoin Market Health </p> <p>Charts via Glassnode Studio </p> <p>FedCoin Revisited… </p> <p>The International Business Times reports that the Fed “would be open to collaborating with private business on the creation of a digital currency but emphasized that they were not yet making any commitments.” </p> <p>90% of the investment world seemingly ignored both gold and Bitcoin. Most people believe in the “Fed system,” for if they didn’t, it would already have failed. </p> <p>Microstrategy was just the first now…</p>

<p>News gathered from Coindesk, CNBC </p> <p>PayPal CEO Dan Schulman said bitcoin’s usefulness as a currency will ultimately prevail over the buy-and-hold ethos, in an interview with CNBC Squawk Box on Monday. </p> <p>"I think that there'll be more and more use cases for cryptocurrencies," that make bitcoin (BTC, +4.55%) more widely accepted, more stable and probably "more valuable" over time. </p> <p>PayPal will begin allowing users to transact with crypto as a funding instrument across 28 million businesses early next year. </p> <p>Schulman said central bank digital currency is a global inevitability. As that happens, "you'll…</p>

<p>Promised Facts to give: Treasury Secretary Steven Mnuchin Letter </p> <p>Subscribe via iTunes or Substack. Also follow on Twitter and Medium. </p> <p>"If you enjoyed listening to this episode and you want a really easy way to support Thriller Premium, why don't you head over to Apple Podcasts and leave us a quick rating or even a review? </p> <p>Please leave a Review. Just go to ThrillerRating.com and that should open up Apple Podcasts. </p> <p>Podcast reviews are pretty darn important and the more reviews we receive, the more likely we'll be able to get…</p>

<p>“A contrarian isn’t one who always objects — that’s a conformist of a different sort. A contrarian reasons independently, from the ground up, and resists pressure to conform.” </p> <p>Subscribe via iTunes or Substack. Also follow on Twitter and Medium. </p> <p>"If you enjoyed listening to this episode and you want a really easy way to support Thriller Premium, why don't you head over to Apple Podcasts and leave us a quick rating or even a review? </p> <p>Please leave a Review. Just go to ThrillerRating.com and that should open up Apple Podcasts. </p> <p>…</p>

<p>News gathered from <a href="https://decrypt.co/48359/citibank-analyst-puts-bitcoin-price-prediction-as-high-as-318000">Decrypt</a>, <a href="https://twitter.com/classicmacro/status/1327381449000034307">Twitter</a></p> <p>A senior Citibank analyst has made a grandiose prediction for Bitcoin in a recent note to institutional clients—even drawing comparisons with the gold market of the 1970s.</p> <p>This kind of technical analysis is of little value. There is no edge in guessing targets so far in time with TA. All we know is that price is likely to continue going up, and a lot. But readers loves this. What matters here is Citi's clients being exposed to the bitcoin moon scenario.</p> <p>The 57.13% Bitcoin Theory</p> <p>Bitcoin Chart by TradingShot via <a href="https://www.tradingview.com/u/TradingShot/">Trading View</a></p> <p>Amazon to Accept Bitcoin?</p>

<p>Subscribe via iTunes or Substack. Also follow on Twitter and Medium. </p> <p>"If you enjoyed listening to this episode and you want a really easy way to support Thriller Premium, why don't you head over to Apple Podcasts and leave us a quick rating or even a review? </p> <p>Please leave a Review. Just go to ThrillerRating.com and that should open up Apple Podcasts. </p> <p>Podcast reviews are pretty darn important and the more reviews we receive, the more likely we'll be able to get Thriller Premium in front of more people. </p> <p>I am…</p>

<p>News gathered from Coindesk, Glassnode, Forbes, ByteTree </p> <p>Bitcoin had yet another impressive week, starting at $13,712 and finishing up the week at $15,486. </p> <p>The GrayScale Bitcoin Trust is outperforming gold exchange-traded funds, a trend perhaps driven by institutional investors like family offices, according to a report by JPMorgan analysts that CoinDesk obtained. </p> <p>“If everyone’s got a digital wallet and CBDCs, which aren’t backed by anything anyway, are de rigueur, then all of a sudden bitcoin looks great. It will assume the role that gold served with regards to legacy money, and all the other…</p>

<p>Today we discuss Bitcoin in November </p> <p>TradingShot Chart via Trading View </p> <p>This study revolves around the importance of the $13,865 level. This is of course what is known to most as the June 26, 2019 High and current Resistance for Bitcoin's uptrend. First of all, believe it or not, Bitcoin has historically only spent 39 days above the $13,865 level! That is roughly only 5 weeks, just over 1 month! And to put things more into perspective, since Bitcoin's last day above $13,865 (January 15, 2018), we have spend 1019 days below it! That alone should be enough to highlight the importance of breaking above the $13,865 for…</p>

<p>Coinbase Expands Crypto Debit Card to US Customers </p> <p>Cryptocurrency exchange Coinbase today announced the expansion of its crypto debit card to the US. The card converts crypto held in Coinbase accounts to US dollars whenever it’s used to buy something. Starting today, US customers of the Silicon Valley-based exchanges can join a waitlist for its Visa debit card. </p> <p>news coming from Robert Stevens via Decrypt </p> <p>Starting today, customers in the US can join the waitlist for Coinbase Card, a Visa® debit card that allows crypto to be used for payments and purchases online…</p>

<p>The Bitcoin Spark</p> <p>PayPal Adds Bitcoin</p> <p>PayPal said buy, sell and hold features would be live within the next few weeks but for some users, the features are already available.</p> <p>PayPal's service does not allow bitcoin or other cryptocurrencies to be withdrawn or deposited. Once you buy the coins, they stay in your account until you sell.</p> <p>Initially, the service supports bitcoin (BTC), bcash (BCH), ether (ETH) and litecoin (LTC).</p> <p>Paul Tudor Jones II speaks again about Bitcoin</p> <p>Paul Tudor Jones said bitcoin's rally is just in the "first inning" and the cryptocurrency is the best inflation hedge.</p> <p>The longtime trader believes the unprecedented quantitative easing from the Federal Reserve is setting the stage for inflation to make a grand comeback.</p> <p>"Bitcoin has this enormous contingence of really, really smart and sophisticated people who believe in it," Jones said. "It's like investing with Steve Jobs and Apple or investing in Google early."</p> <p>Merges and Acquisitions</p> <p>PayPal Said to Be in Talks to Buy Crypto Firms Including BitGo.</p> <p>BitGo was the first U.S. crypto firm to secure a broker-dealer approval, transfer agent registration and trust company recognition, allowing it to provide custody and record-keeping services.</p> <p>Given that the mechanics of PayPal's new crypto offering would in effect make it a custodian, it would explain the company's reported interest in BitGo.</p> <p>"Talks could still fall apart and PayPal could opt to buy other targets," Bloomberg quoted one of its sources as saying. BitGo CEO Mike Belshe declined to comment on the report. A email to PayPal requesting comment wasn't immediately answered.</p> <p>Gradually Then Suddenly</p> <p>charts/info coming from Parker Lewis via <a href="https://unchained-capital.com/blog/author/plewis/">Unchained Capital</a></p> <p>Things to Consider</p> <p>Bitcoin is becoming commercialized. Custody-only platforms like Paypal and Robinhood and soon Amazon I am sure, the more likely consumers receive that.</p> <p>Paypal opening up Bitcoin and Crypto to 26M global PayPal merchants, 346M active users, $222B payment volume. This is more about stablecoins and Millennial & Zoomer growth. </p> <p>Watch what Square does next before the end of the year to match PayPal</p> <p>Banks have no choice but to follow acting Comptroller of the Currency guidelines and start to self custody digital assets. </p> <p>Watch for Amazon next👇</p>

<p>TradingShot Chart via Trading View </p> <p>Referenced in the show: Thriller Insider - S3EP27: The Importance of Bitcoin </p> <p>Subscribe via iTunes or Substack. Also follow on Twitter and Medium. </p> <p>"If you enjoyed listening to this episode and you want a really easy way to support Thriller Premium, why don't you head over to Apple Podcasts and leave us a quick rating or even a review? </p> <p>Please leave a Review. Just go to ThrillerRating.com and that should open up Apple Podcasts. </p> <p>Podcast reviews are pretty darn important and the more…</p>

<p>Central bank digital currencies (CBDCs) are receiving more attention than ever before. Yet the motivations for issuance vary across countries, as do the policy approaches and technical designs. We investigate the economic and institutional drivers of CBDC development and take stock of design efforts. We set out a comprehensive database of technical approaches and policy stances on issuance, relying on central bank speeches and technical reports. Most projects are found in digitized economies with a high capacity for innovation. Work on retail CBDCs is more advanced where the informal economy is larger. We next take stock of the technical design…</p>

<p>TradingShot Chart via Trading View </p> <p>Subscribe via iTunes or Substack. Also follow on Twitter and Medium. </p> <p>"If you enjoyed listening to this episode and you want a really easy way to support Thriller Premium, why don't you head over to Apple Podcasts and leave us a quick rating or even a review? </p> <p>Please leave a Review. Just go to ThrillerRating.com and that should open up Apple Podcasts. </p> <p>Podcast reviews are pretty darn important and the more reviews we receive, the more likely we'll be able to get Thriller Premium in front…</p>

<p>Fidelity, Vanguard, Schwab Funds Have Been Loading Up on Crypto Mining StocksThree of the largest asset managers are diversifying their funds to hold blockchain stocks, throwing more establishment financial might behind bitcoin’s technology.news coming from Ada Hui via CoindeskThe 10 Largest Investment Management Companies WorldwideSomething to keep in mind, not everyone has taken a seat. 1. BlackRockAUM: $6.84 trillionBlackRock is not just the world’s largest asset manager, but one of the world’s largest financial institutions. The company was founded in 1988 and went public in 1999. The firm has been influential in advancing the growth of exchange-traded funds (ETFs), through its iShares products. iShares now comprise more than a quarter of BlackRock’s assets under management.2 2. The Vanguard GroupAUM: $6.2 trillionVanguard has become synonymous with the strategy of passive investing, in which money is placed in mutual funds designed to mirror the activity of specific indexes or the broader stock market. Vanguard boasts of low expense ratios for most of its funds. In addition to asset management, Vanguard offers brokerage services, financial planning, annuities, and other services.3 3. UBS GroupAUM: $3.26 trillionUBS Group has four interdependent divisions that operate around the world. The Switzerland-based firm describes itself as the "only true global wealth manager." About $2.3 trillion is tied up in wealth management versus $903 billion in asset management.4 4. State Street Global AdvisorsAUM: $3.12 trillionBoston-based State Street is the subsidiary of State Street Corporation. It manages investments for a wide range of institutional clients including non-profits, local governments, associations, and even educational groups.5 5. FidelityAUM: $3.2 trillionFidelity is an asset manager and a discount broker with more than 27 million customers. It offers an online platform for individual investors to buy and sell securities, and also manages entire portfolios on behalf of clients. In the summer of 2018, it made headlines when it began offering mutual funds with a zero expense ratio and minimum investment requirement.6 6. AllianzAUM: $2.36 trillionThis German firm is primarily an insurer but operates two asset management divisions: Allianz Global Advisors and PIMCO. By itself, PIMCO has $1.76 trillion under management, which is good enough to also land it on this list.7 8 7. JPMorgan ChaseAUM: $1.9 trillionMost people think of J.P. Morgan Chase as an investment bank, but it has a robust asset management business and got $1.3 billion in assets moved from BlackRock as part of a new custody arrangement in 2017.9 8. Bank of New York MellonAUM: $1.9 trillionThe history of this company dates back to its founder, Alexander Hamilton—perhaps you’ve heard of him. More than 230 years later, BNY Mellon manages investments for individuals and investments in 35 countries.109. Capital GroupAUM: $1.8 trillionThis Los Angeles-based firm was founded all the way back in 1931, making it one of the oldest in the world. It offers more than 40 mutual funds through American Funds Distributors, which is its subsidiary.11 10. PIMCOAUM: $1.76 trillionAs mentioned earlier, PIMCO is managed under the same company as Allianz. Although it was acquired by a German company, it is headquartered in California, and it continues to operate as an autonomous subsidiary of Allianz.Bitcoin Heading Towards 11.5K?charts by TradingShot via TradingViewCrypto King John McAfee Arrested and Sued for Shilling ICOsThe US Department of Justice announced that John McAfee is under arrest in Spain and awaiting extradition on tax evasion charges.The SEC has also sued John McAfee, claiming he made over $23 million from touting ICO projects while lying to investors.Subscribe via iTunes or Substack. Also follow on Twitter and Medium."If you enjoyed listening to this episode and you want a really easy way to support Thriller Premium, why don't you head over to Apple Podcasts a…</p>

<p>news via <a href="https://www.coindesk.com/bitmex-cftc-enforcement">CoinDesk</a> & Decrypt</p> <p>U.S. regulators and law-enforcement officials brought charges on Thursday against BitMEX, a Seychelles-based cryptocurrency exchange that has grown in recent years to be one of the industry’s biggest players.</p> <p>According to the U.S. Commodity Futures Trading Commission, prosecutors accused BitMEX of facilitating unregistered trading and other violations, including “conducting significant aspects of its business from the U.S. and accepting orders and funds from U.S. customers,” as reported by CoinDesk</p> <p>The news dominated cryptocurrency news headlines and sent traders and analysts scrambling to assess the damage and implications. Some 23,000 bitcoin were apparently withdrawn from BitMEX addresses in a single hour</p> <p>One of the defendants involved in the BitMEX case went as far as to “brag” that “bribing” regulators in a jurisdiction outside the U.S. cost just “a coconut,” according to <a href="https://www.justice.gov/usao-sdny/pr/founders-and-executives-shore-cryptocurrency-derivatives-exchange-charged-violation">a statement</a> by FBI Assistant Director William Sweeney Jr. </p> <p>“One thing I know with regulators is, if you say things that are antagonistic in discoverable information places, you’re much more likely to be punished than people who do something very similar but keep their nose clean and not say anything and act respectfully,” Weisberger said. </p> <p>The company has continued with normal operations and has vowed to fight the charges.</p> <p>What I am thinking…</p> <p>This has been coming for a while now, and while the charges are heavy and coordinated, we were well aware BitMEX was under scrutiny and it was just a matter of time.</p> <p>CFTC alleged that BitMEX received some $11 billion in bitcoin deposits and made more than $1 billion in fees, “while conducting significant aspects of its business from the U.S. and accepting orders and funds from U.S. customers.” </p> <p>This has more to do about controlling price discovery, and the CFTC knows this. Definitely a shot across the bow to overseas cryptocurrency exchanges that might be cutting corners on compliance. </p> <p>Regulated commodities exchanges in the U.S. also typically offer trading leverage, but the most common bitcoin futures contract, from the Chicago-based CME, only allows positions with about three times the initial money down. Look for an uptick from here on out. </p> <p>Bitcoin Chart by TradingShot via Trading View</p> <p>Bitcoin has declined from $10,900 to $10,400 in the past 24 hours. More than 32,200 BTC (worth around $337 million) has been moved from BitMEX – 19% of the exchange's total funds, according to data source Glassnode. Bitcoin traders continued outflows from BitMEX Friday afternoon.</p> <p>Open positions in bitcoin perpetuals (futures without expiry) traded on BitMEX have also declined by nearly 22% from $592 million to $462 million, according to data provided Skew, a crypto derivatives research firm.</p> <p>However, liquidity, as measured by the bid/offer spread, on the exchange remains relatively stable, and the large trades can still be executed at low cost. Bid-offer spreads on other exchanges also remain stable.</p> <p>Total inflows to exchanges averaged 65,000 bitcoin this last week, so BitMEX withdrawals are adding 25% more liquidity already. More than 65% of the total outflow has been transferred to other exchanges, while the rest into un-hosted wallets. </p> <p>About 170,000 in Bitcoin or $1.8 billion, had been held in the BitMex wallets, according to Glassnode.</p>

<p>Today we discuss Bitcoin in October </p> <p>TradingShot Chart via Trading View </p> <p>So what does all this information tell us? That as long as the Dollar and Money Supply continue to rise, Bitcoin will most likely stay low and volatile and won't regain August's Highs. We need to see the USD decline again while M1 stays bullish , in order for Bitcoin to get a sustainable boost. </p> <p>Bitcoin Market Health </p> <p>Charts via Glassnode Studio </p> <p>Increase In accredited U.S. investors enter Bitcoin… </p> <p>Bitwise’s Bitcoin fund brought in $8.9 million, the…</p>

<p>Over $150M Drained in KuCoin Crypto Exchange Hack. </p> <p>Over the weekend, a hacker breached KuCoin’s hot wallets absconding with some $150 million in crypto. KuCoin said in a statement that it detected large withdrawals of bitcoin (BTC) and ethereum (ETH) tokens to an unknown wallet beginning at 19:05 UTC time on Friday. The exchange’s chief executive Johnny Lyu said KuCoin has transferred the remaining funds from compromised wallets to new addresses and momentarily froze customer deposits and withdrawals. While other exchanges including Bitfinex and Tether have blacklisted the stolen funds. An investigation is underway and stolen customer money…</p>

<p>…</p>

<p>TradingShot Chart via Trading View </p> <p>Subscribe via iTunes or Substack. Also follow on Twitter and Medium. </p> <p>"If you enjoyed listening to this episode and you want a really easy way to support Thriller Premium, why don't you head over to Apple Podcasts and leave us a quick rating or even a review? </p> <p>Please leave a Review. Just go to ThrillerRating.com and that should open up Apple Podcasts. </p> <p>Podcast reviews are pretty darn important and the more reviews we receive, the more likely we'll be able to get Thriller Premium in front…</p>

<p>What I am watching… </p> <p>The Federal Reserve is currently printing more and faster than ever. While the US dollar remains structurally strong relative to other currencies, the ongoing [Quantitative Easing] measures have attracted the attention of investors who may be wary of monetary inflation. Enter old money. </p> <p>China is likely to reduce its holdings of US Treasury bonds to just under $800 billion from the current level of more than $1 trillion, according to local news outlet Global Times. </p> <p>Warren Buffett’s Berkshire Hathaway Joins the Gold Rush </p> <p>George Ball, the chief executive of…</p>

<p>Today we discuss Bitcoin in September. </p> <p>TradingShot Chart via Trading View </p> <p>Pump to $12800 or dump $11100 in the first half of the month? Similar to June & July? </p> <p>Currently BTC is about to test the 0.786 Fibonacci. It is obvious that this holds the key, as a rejection there could push the price below the 0.382 Fib and back to the 0 at $11100 as shown on scenario (B). At the same time if the 4H candle closes above the 0.786 Fib, we can see a strong pump above 1 and towards the 1.3 Fib at $12800 as happened on scenario (A). </p> <p>…</p>

<p>Find more panels live from BitBlockBoomSubscribe via iTunes or Substack. Also follow on Twitter and Medium."If you enjoyed listening to this episode and you want a really easy way to support Thriller Premium, why don't you head over to Apple Podcasts and leave us a quick rating or even a review?Please leave a Review. Just go to ThrillerRating.com and that should open up Apple Podcasts.Podcast reviews are pretty darn important and the more reviews we receive, the more likely we'll be able to get Thriller Premium in front of more people.I am very appreciative for each one of you and would be extremely grateful if you left a 5 star review showing support. I read pretty much all the reviews that you guys leave over there. Thank You."🔊 For Podcast ⚡ Lightning ⚡ ListenersYou can now use an app and support streaming sats to Thriller Premium.Mobile: Breez is an excellent non-custodial Lightning walletMobile + Desktop: Sphinx Chat also supports streaming to podcastsDesktop/Browser: podStation browser extensionMobile + Desktop: PodFriend as app and on webMobile + Desktop: CurioCaster as a progressive web appMore information is available at https://satoshis.stream This is a public episode. Get access to private episodes at www.thrillerpremium.com/subscribe</p>

<p>…</p>

<p>coming from Jeff Cox of CNBC </p> <p>Federal Reserve Chair Jerome Powell spoke Thursday at the annual Jackson Hole conference convened by the Kansas City Fed, which was virtual this year due to COVID-19. </p> <p>In the highly anticipated speech, Powell laid out a number of key changes to how the Fed approaches unemployment and inflation. </p> <p>In a move that Chairman Jerome Powell called a “robust updating” of Fed policy, the central bank formally agreed to a policy of “average inflation targeting.” That means it will allow inflation to run “moderately” above the Fed’s 2% goal “…</p>