Description

A breakdown of Bitcoin credibility attacks this week, plus a review of some macro-sickness and the no-good, real lousy month for Bitcoin miners.

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Links

• Americans Are Really, Really Bullish on Stocks - WSJ
• Economic & Market Update | J.P. Morgan Asset Management
• "Nikkei 225 down 3.7% and the usd/yen headed lower. Looks like we are about to find out how much of that Yen Carry Trade is still out there.
• Government hiring is inflating jobs numbers.
• Ueda Reiterates That BOJ Will Lift Rates If Outlook Realized - Bloomberg
• Bank of Canada delivers third straight interest rate cut, bringing policy rate down to 4.25 per cent
• Mining: revenues drop in August and difficulty at all-time highs
• Bitcoin miners sold 2,655 $BTC over the weekend, worth around $154 million!
• CNBC reports that almost half of all corporate money raised for the presidential election is from Bitcoin and crypto.
• New FTC Data Shows Massive Increase in Losses to Bitcoin ATM Scams | Federal Trade Commission
• North Korea Aggressively Targeting Crypto Industry with Well-Disguised Social Engineering Attacks

Music

• Free by Tony Salomone