Venture Capital
QE And Unbounded Fiscal Spending Are Back On The Menu | Ten31 Timestamp 835,918
The Fed turns dovish. The Federal Government keeps spending. And Bitcoin keeps ticking.
The Fed turns dovish. The Federal Government keeps spending. And Bitcoin keeps ticking.
Bitcoin is flat on the week. The US government continues to encroach on civil liberties. Bitcoin builders congregate in Austin, Texas.
Bitcoin finished a volatile week strong as New York Community Bankcorp gets bailed out by a private consortium.
The US is printing debt at a nauseating pace as ETFs accumulate thousands of bitcoin per day.
We submitted a legal response to the U.S. Department of the Treasury and FinCEN’s proposed rules that would seriously harm privacy by effectively prohibiting basic bitcoin best practices such as not reusing addresses and collaborative bitcoin transactions.
After months of hype and several highly entertaining false starts, the SEC finally approved 11 spot bitcoin ETFs on Wednesday of this week – exactly 15 years after Hal Finney’s iconic “running bitcoin” tweet – with trading commencing the following day.
Bitcoin celebrated 15 years since the mining of its genesis block this week – a period during which the permissionless, open source, distributed network has achieved 99.99% uptime – by breaking the $45,000 price level for the first time since April 2022.
