Bitcoin any day now LOL, omega candle incoming, El Salvador debt free, Fed rate cut - Ep.189

Fractal Bitcoin

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price has fallen down into the $57k range.

Choppy summer, two taps of the 50-week EMA, and price continues higher. Should start moving higher soon. POST: https://x.com/CryptoJelleNL/status/1835719569983336593

This retest could get volatile, much like on the other occasions when price tried to reclaim the Channel Bottom as support (light blue circles). POST: https://x.com/rektcapital/status/1835688513200627887

BULLISH:

BREAKING: #Bitcoin on exchanges hit a multi year low while hashrate just hit a new ATH. This is giga bullish 🚀. POST: https://x.com/CarlBMenger/status/1835660847453978700

#Bitcoin Omega candle incoming. Strap-in. POST: https://x.com/CarlBMenger/status/1835662743791075836

Kingdom of Bhutan Holds 13,029 BTC from Bitcoin Mining Operations. "Unlike most governments, Bhutan’s BTC does not come from law enforcement asset seizures, but from Bitcoin mining operations, which have ramped up dramatically since early 2023.” POST: https://www.nobsbitcoin.com/bhutan-holds-13029-btc/

EL SALVADOR:

JUST IN: 🇸🇻 President Bukele says El Salvador will no longer require external debt to finance its budget and has achieved financial independence. POST: https://x.com/BTC_Archive/status/1835627373586202940

Government on a fiat standard: endless debt & fiscal crises & a population of slaves heavily taxed to pay their leaders' debts. Government on a bitcoin standard: balanced budget, no public debt, low taxes. POST: https://x.com/saifedean/status/1835724130710393259

BITCOIN WEDDING REGISTRIES:

How to build a strategic bitcoin reserve into your wedding registry using: @ZapriteApp, @unchainedcom, @Strike. POST: https://x.com/rkywld/status/1835441573376528402

EDUCATION:

Become a Bitcoin Developer. Master the fundamentals of Rust and Bitcoin. Start your journey to becoming a Bitcoin contributor. POST: https://btcdemy.thinkific.com/

CONFERENCES:

Nostrdam — October 8th, 2024 in Amsterdam, The Netherlands. TICKETS: https://www.bitkassa.nl/nostrdam

Bitcoin Amsterdam — October 9-10, 2024 in Amsterdam, The Netherlands. TICKETS: https://b.tc/conference/amsterdam

FIAT/GOVERNMENT NONSENSE:

🇺🇸 FED TO CUT RATES BY 0.50% - JPMorgan. POST: https://x.com/RadarHits/status/1835650355247419870

The Fed is about to start cutting rates again without having fixed the core underlying problems which were causing it. This is likely result in raging inflation again, with slow to zero growth. Stagflation. POST: https://x.com/WallStreetSilv/status/1835287447866925490

The decline in these trends over the last 40 years is eye-opening. POST: https://x.com/APompliano/status/1835721978977694089

15 wars, 0 assassination attempts. 0 wars, 2 assassination attempts. POST: https://x.com/WallStreetSilv/status/1835649844465332590

Expected this. Just not so soon. POST: https://x.com/DefiantLs/status/1835429317851086988

Democrats Accuse Trump Of Inciting Further Violence By Not Dying. POST: https://x.com/TheBabylonBee/status/1835706203755667770

SimpleX Chat is blocked in Russia for being private and secure. We might have a solution next week. Yes, it still works via VPN. We hope to offer something simpler, based on what we understand. POST: https://xcancel.com/SimpleXChat/status/1835063534138396911

Norway: Bitcoin Mining Facility Shutdown Leads to 20% Higher Energy Bills for Town Residents. Kryptovault's Bitcoin mining facility in Stokmarknes, Norway, recently closed, causing residents to face a 20% rise in electricity bills. The site was shut down because the Hadsel municipality didn't renew its operating permit, following ongoing noise complaints from locals. ARTICLE: https://www.nobsbitcoin.com/norway-bitcoin-mining-facility-shutdown-leads-to-20-higher-energy-bills-for-town-residents/

Bitcoin, thank you for giving me hope for the future. POST: https://primal.net/e/note1mz0f8q49xcqjapjgujlj00xjrz0xznr0a3a9fysugdmldewuqp9qfefcz0

INDEPENDENT MEDIA:

Announcing the Independent Media Alliance — Today we are thrilled to announce the creation of the Independent Media Alliance (IMA), a collaborative effort focused on promoting objective, fact-based media from a diverse team of journalists, podcasters, and writers. Our emphasis will be on countering narratives currently being seeded within the “alternative” media space, including, but not limited to, the false two-party paradigm, hopium in politicians, support for imperial wars, 5th Generation Warfare, and Technocratic solutions to legitimate problems (digital IDs pitched as the “only” solution for immigration, voting fraud prevention, etc.). The IMA will take several actions in the pursuit of this goal, including regular panels and debates featuring alliance members and guests; collaborative and joint investigations; and launching a new decentralized media network to host relevant content from alliance members. The IMA will also be partnering with decentralized video platform Odysee to ensure that the content cannot be easily censored. The creation of the IMA was initiated by Whitney Webb of Unlimited Hangout, Ryan Cristián of The Last American Vagabond, and Derrick Broze of The Conscious Resistance Network. ARTICLE: https://theconsciousresistance.com/independent-media-alliance-announcement/

HAVE YOU SEEN THIS SHOW?:

‘SHOGUN’ has won 18 Emmys, an all-time record for a single season of TV. POST: https://x.com/RadarHits/status/1835673530530181173

LOL:

My dog ate my homework and then an immigrant ate my dog. POST: https://primal.net/e/note128yafvs4ml9652ud26sk0h7j8v27chcr9q0xvcvs6hjq9a7u8u3sdsps5w

Are you storing your cheese in the fridge? POST: https://x.com/alifarhat79/status/1835717875220263137

Most expensive vehicle in 2023-2024. POST: https://primal.net/e/note170kv87g7jwprw85h4rhr74yq9ar7xxj39yfdxtmxdl6h5jm6a50qf5g6f4

Subscribe to Fractal Bitcoin for your daily Bitcoin news!

…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;)

Join our Locals community (free) — https://fractalbitcoin.locals.com/