Description

Weekly market update / outlook and Top Bitcoin News:

• Week in Review (Bitcoin.com)
• Bitcoin falls back after attempt at $72K, but Fed, US data and global rate cuts may bring new all-time highs
• Bitcoin network transaction fees temporarily soar to nearly $52
• Riot Platforms acquires 12% stake in Bitfarms, Ltd.
• Robinhood to acquire Bitstamp in $200M deal
• Unchained helps University of Austin create $5 Million Bitcoin fund
• OCEAN mining pool chooses El Salvador as its headquarters
• Michael Saylor to pay a district record $40M settlement in DC income tax case
• Why Joe Biden hates Bitcoin
• Check out this week's featured post on Bitcoin Fortress substack:  "Bitcoin As a Tool For Activism - The importance of freedom tech"

Substack: Bitcoin Fortress

Nostr:  npub122fpu8lwu2eu2zfmrymcfed9tfgeray5quj78jm6zavj78phnqdsu3v4h5

Mentioned in this week's Podcast:

https://news.bitcoin.com/mexican-billionaire-says-to-buy-bitcoin-musk-vs-nakamoto-and-more-week-in-review/#google_vignette

https://www.coindesk.com/markets/2024/06/06/bitcoin-falls-back-after-attempt-at-72k-but-fed-us-data-and-global-rate-cuts-may-bring-new-all-time-highs/?_gl=1*1idazka*_up*MQ..*_ga*MTQ1ODY0MTE2OS4xNzE3OTU0OTMz*_ga_VM3STRYVN8*MTcxNzk1NDkzMi4xLjAuMTcxNzk1NDkzMi4wLjAuMTA4ODEzMTgxMA..

https://cointelegraph.com/news/bitcoin-network-transaction-fees-temporarily-soar-to-nearly-52

https://bitcoinnews.com/mining/riot-platforms-12-stake-in-bitfarms/

https://www.nobsbitcoin.com/robinhood-to-acquire-bitstamp/

https://bitcoinnews.com/adoption/uatx-and-unchained-bitcoin-fund/

https://bitcoinnews.com/mining/ocean-mining-pool-el-salvador/

https://www.nobsbitcoin.com/michael-saylor-agrees-to-40m-settlement-in-d-c-income-tax-case/

https://bitcoinmagazine.com/markets/why-joe-biden-hates-bitcoin

https://bitcoinfortress.substack.com/p/bitcoin-as-a-tool-for-activism