"The greatest use of a life is to spend it on something that will outlast it."
–William James
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Guess what day it is Folks? HUMPDAY! Yesterday, we learned that Celsius would pay their creditors back by the end of the year and a lot of folks being very bearish on Bitcoin; dropping to $10K? No. Arthur Hayes believes a bull market is patiently waiting to begin. Today, news is once again very anemic with most news being about CBDCs in Korea and France, yesterday EU and Argentina talked about launching "Wholesale" CBDCs so that will be the first phase. Bitcoin is trading up at $27,578.68. One last thing, right now the entire news cycle is focused on the FTX/SBF trial and I've decided to forego curating that news because most of you will see it all over X, on YouTube and Podcast; I'd rather not. Let's get on with the lack of news...
SUMMARY
Bitcoin bull market awaits as US faces 'bear steepener' — Arthur Hayes. El Salvador launches first Bitcoin mining pool as Volcano Energy partners with Luxor. Cryptocurrency mining in Uzbekistan can only be carried out by legal entities using solar power, the local crypto watchdog has reiterated. Does Kraken’s Huge Influx of BTC Spell Trouble for Bitcoin Price? Approximately $410.9 million worth of Bitcoin entered Kraken’s wallets, marking the largest inflow in nearly five years.
Bank of Korea announces plan to test wholesale CBDC. CBDC lays foundation for new global monetary system: French central bank.
Bitcoin blackmail scams are the most successful vector, netting scammers nearly $1.7 million in H1 2023. Crypto Ponzi scheme AirBit: All but one exec now sentenced.
WATCH
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Podcast of the Day: BTC150: Solving the Oracle Problem w/ Daniel Hinton & Steve Jeffress | Bitcoin Fundamentals
THE WEEDS
Bitcoin
- Opinion (Cointelegraph | TDH)
- Mining (Cointelegraph | Cointelegraph)
- Kraken (CryptoPotato)
CBDCs
- Korea (TB | Cointelegraph)
- French (Cointelegraph)
Attacks/Hacks/Scams
- Ransomware (BIC)
- AirBit (Cointelegraph | TDH)
