16: Miner Capitulation Gets Ugly
27 June 2024
A few widow-makers hanging over Bitcoin this week, and the post-halving miner capitulation has begun. What we're starting to see, and why, when we look back, this will be remembered as a wild week.
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LINKS:
- Travis Kling on X: “All at the same time
- Hashrate continues to fall.
- When Bitcoin drops to $62K it means miners enter limbo and the first circle of Dante’s Hell.
- The miner capitulation is over—bitcoin’s next bull run begins. - YouTube
- Bitcoin (BTC) Miner CleanSpark (CLSK) to Buy Peer Griid (GRDI) for $155M Enterprise Value
- First-quarter GDP grew a soft 1.4%, but the U.S. economy might have more ‘spring’ in its step - MarketWatch
- Fed Rate Cuts Latest: Favorite Underlying Inflation Gauge Is Seen Cooling - Bloomberg
- Dashboard | Truflation
- California Reveals All Job Gains In 2023 Were Fake
- Yahoo News clip
- Carl Louis on X FDIC Thread
- Muntiny Wallet: Updates after DNS issues
- Strike launches in the UK following European rollout
- Jack Dorsey & Lyn Alden | The Power of Open Source - YouTube
- BBC coverage of Bitcoin since 2013
Nostr:
- Find my Nostr Public Key at ChrisLAS.com
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