Wednesday 4th December 2024

Right. Big moves today. Strap in.

  • Putin came out and said that nobody can ban Bitcoin. Game theory in overdrive right now.
  • France’s government has collapsed. This is after a controversial austerity bill they tried to force through.
  • Europe is broke.
  • The German economy is crash and burning. It’s government also crumbled after the recent sacking of the finance minister.
  • UK economy is stagnant & the Bank of England (BoE) may slow their reduction in interest rates. Economy is basically dead at this point.
  • Rumours that inflation is once again beginning to spike.
  • Bitcoin is again flirting with 100k very seriously.
  • Fed chair Powell says that BTC is a competitor to Gold and not the dollar.
  • MSTR holds over 400k BTC (the largest holder of BTC with the exception of Satoshi).
  • The US moved 20,000 BTC to Coinbase and this may have been sold off.
  • MSTR Stock is once again starting to rise.
  • More than 10 States in the US have signed bills to put BTC on their balance sheet.
  • MSFT is rumoured to have called Saylor up for a second round of talks about Bitcoin.
  • Companies big and small are coming out in droves and declaring their intention to add Bitcoin to their balance sheet.

I think I’ve covered it all. Probably not, but that’s some of the biggest developments.

This could be the suddenly moment that sees everybody else scrambling for some sats.

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