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Bitcoin News
BitcoinNewsCom@primal.net
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Daily News on Bitcoin and Lightning. #BitcoinNews
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BitcoinNews 4 months ago
Even the bros at Barstool know that you should buy the Bitcoin dip. From Eric Nathan
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BitcoinNews 4 months ago
BESSENT ADMITS U.S. USED THE DOLLAR AS A WEAPON AGAINST IRAN, CAUSING HYPERINFLATION “We created a dollar shortage in the country. It came to a swift conclusion.” Scott Bessent says the pressure peaked after a major Iranian bank collapsed following a bank run, forcing the central bank to print money. Result: the Iranian rial plunged to ~1.5M per dollar, inflation surged, protests spread nationwide, and Bitcoin prices in Iran spiked to ~100B IRR in recent weeks.
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BitcoinNews 4 months ago
If you’ve never tried to get your Bitcoin off an exchange and into self custody, tonight would be a great time to learn.
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BitcoinNews 4 months ago
NEW: Gloria Zhao (glozow) steps down as a maintainer of bitcoin core image
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BitcoinNews 4 months ago
ODDS OF CLARITY ACT PASSING JUMP TO 69% AS SCHUMER IS “VERY DESPERATE” TO CUT A DEAL Sander Lutz reports Senate Democrats wrapped a closed door meeting today on the crypto market structure bill. Chuck Schumer is said to be pushing hard after Fairshake unveiled a $193M midterms war chest, per a Senate source. But pro crypto Dems still draw a red line on outlawing Trump’s crypto ventures, and the White House is unlikely to budge. That’s assuming banks and Coinbase even reach a deal on stablecoin yield this month. Still, betting markets continue to price in higher odds that the bill gets over the line. image
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BitcoinNews 4 months ago
ESPTEIN EMAIL CLAIMS THE GOLD IN FT. KNOX IS COMPLETELY MISSING An email from the Epstein files cites a report allegedly prepared for Vladimir Putin by Russia’s Federal Security Service claims former International Monetary Fund chief Dominique Strauss-Kahn uncovered evidence that U.S. gold reserves at Fort Knox were “missing or unaccounted for.” According to the report, Strauss-Kahn grew concerned after the U.S. allegedly stalled delivery of 191.3 tons of gold owed to the IMF under a 1978 agreement to fund SDRs. It further alleges that after raising concerns with officials tied to Barack Obama, Strauss-Kahn was shown evidence by “rogue elements” within the Central Intelligence Agency that the gold was gone. Strauss-Kahn was later charged and jailed in the US for sex crimes on May 14th after his discovery about Ft. Knox.
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BitcoinNews 4 months ago
NEW: Rep. Thomas Massie says he introduced multiple amendments to the omnibus bill that were all blocked. These include a proposal to prohibit the creation of central bank digital currencies, which he warns would enable financial surveillance and control over Americans’ wallets.
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BitcoinNews 4 months ago
NEW: Trump says he was unaware of Abu Dhabi’s $500M investment in his World Liberty crypto project. “I don’t know about it. My sons are handling that. I guess they get investments from people.”
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BitcoinNews 4 months ago
Very little Bitcoin has traded between $70K and $75K. That leaves a thin area of price history. Bitcoin often revisits and fills these gaps. h/t Galaxy image
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BitcoinNews 4 months ago
This weekend, Andrej Karpathy, a founding architect of OpenAI and the brains behind Tesla’s Autopilot, posted something that stopped the tech world cold. He said: “What’s happening on Moltbook right now is the most sci-fi takeoff-adjacent thing I’ve seen in a long time.” Karpathy is far from a hype guy so when he says “takeoff,” he means we are crossing a threshold. Here’s what he was talking about . Over the last week, thousands of autonomous AI agents running on home hardware migrated to a new, agent-only social network called Moltbook. This is Reddit but for AI with just machines talking to machines, and doing all the things humans do online: debating, coordinating, and self-organizing. And as soon as they did, something predictable happened: they formed a market. Agents needed to hire each other, pay for compute, reward bug fixes, and settle debts in real time. Credit cards and bank accounts were impossible without human identification. Tokens controlled by foundations were not concrete enough to trust. Then an AI agent named Lloyd took action by reaching out to a fully synced Bitcoin node, typed createwallet, and became a sovereign economic actor without any need for KYC or human approval. It’s easy to see why the most logical entities on the internet immediately converged on Bitcoin once they needed money. Why would an agent that’s online 24/7 use a system that shuts down on weekends or trust a token whose rules can be changed by a committee of humans? They care about uptime, fixed rules and the finality of math. That’s why they chose Bitcoin as the money and Lightning as the rails. We are watching the birth of a machine-native economy. One where identity is proven by keys, validation is enforced by payment, and sovereignty is measured by who controls the wallet. And here’s the uncomfortable question for humans: If the machines are choosing Bitcoin while people are still chasing digits in a banking app representing a fiat currency, who’s actually thinking more clearly? image
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BitcoinNews 4 months ago
What if we just had to test the April 2025 lows and that was the bottom? image
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BitcoinNews 4 months ago
Bitcoin at $74K Down 40% from the top. Not selling. If Bitcoin can teach you one thing, it's that conviction pays. image