Description

Weekly market update / outlook and weekly Bitcoin news:

• Week in review
• Billionaire 'bond king' Jeffrey Gundlach warns US dollar's reserve currency status at risk due to rising debt
• Coinbase sounds alarm on IRS crypto proposal
• FINCEN issues alert regarding crypto transactions connected to Hamas
• FinCEN rule proposal labels CVC mixing a primary money laundering concern
• FBI charges 6 for allegedly running $30M money transmitting business using crypto
• Bitcoin critic kicks against spot ETF hype, predicts low institutional investment
• Bitcoin developer sounds the alarm:  there's a backdoor in the Lightning Network
• Hodling hard: Bitcoins long-term investors own over 76% of all BTC for the first time
• Grayscale files for new spot Bitcoin ETF on NYSE Arca
• Tesla maintains $184M Bitcoin holdings as Elon Musk flags concerns over high interest rates
• Morgan Stanley believes crypto winter is over, Bitcoin halving will kick off new bull run
• Check out "Getting Started in Bitcoin - A simple guide for beginners" on substack this week

Substack: Bitcoin Fortress

YouTube:  Bitcoin Fortress

Nostr:  npub122fpu8lwu2eu2zfmrymcfed9tfgeray5quj78jm6zavj78phnqdsu3v4h5

Mentioned in this week's Podcast:

https://news.bitcoin.com/sec-surrender-fear-of-middle-east-escalation-meme-coin-market-update-bitcoin-com-news-week-in-review/

https://news.bitcoin.com/billionaire-bond-king-jeffrey-gundlach-warns-us-dollars-reserve-currency-status-at-risk-due-to-rising-national-debt/

https://www.coindesk.com/policy/2023/10/12/coinbase-sounds-alarm-on-irs-crypto-tax-proposal/

https://cointelegraph.com/news/fincen-alert-crypto-hamas

https://www.complianceweek.com/regulatory-policy/fincen-rule-proposal-labels-cvc-mixing-a-primary-money-laundering-concern/33743.article

https://www.coindesk.com/policy/2023/10/20/fbi-charges-6-for-allegedly-running-30m-money-transmitting-business-using-crypto/

https://www.newsbtc.com/news/bitcoin/bitcoin-critic-kicks-against-spot-etf-hype-predicts-low-institutional-investment/

https://bitcoinist.com/bitcoin-developer-backdoor-in-lightning-network/

https://cointelegraph.com/news/bitcoin-long-term-investors-own-76-percent-btc

https://cointelegraph.com/news/grayscale-new-spot-bitcoin-etf-nyse

https://news.bitcoin.com/tesla-maintains-184m-bitcoin-holdings-as-elon-musk-flags-concerns-over-high-interest-rates/

https://cryptoslate.com/morgan-stanley-believes-crypto-winter-is-over-halving-will-kick-off-new-bull-run/

https://bitcoinfortress.substack.com/p/getting-started-in-bitcoin