Weekly market update / outlook and weekly Bitcoin news:
US Government faces 'significant risk' of default in June, Congressional Budget Office warns
Sam Bankman Fried's ties to George Santos are just the beginning
Gallup Poll: Americans' preference for real estate, crypt plunges - fondness for gold skyrockets
Bitcoin makes progress in clearing backlog but Lightning Network capacity and channels dropped amid congestion
Ordinals and BRC-20 will disappear in a matter of months, says JAN3 CEO
Liechtenstein Prime Minister says government to accept Bitcoin payments, open to investing reserves in BTC
Binance announces exit from Canada, citing regulator tensions
This Mother's Day, try explaining Bitcoin to your Mom
Check out "Monthly Portfolio Update - May 2023" on substack and also look out for midweek post on "Bitcoin UTXO Management"
Substack: Bitcoin Fortress
Twitter: Bitcoin Fortress
Books: Amazon Author Page
Mentioned in this week's Podcast:
https://news.bitcoin.com/us-government-faces-significant-risk-of-default-in-june-congressional-budget-office-warns/
https://www.coindesk.com/consensus-magazine/2023/05/12/sam-bankman-frieds-ties-to-george-santos-are-just-the-beginning/
https://twitter.com/Erikcason/status/1657048239559020544
https://news.bitcoin.com/gallup-poll-americans-preference-for-real-estate-crypto-plunges-fondness-for-gold-skyrockets/
https://www.youtube.com/watch?v=xuO87Wza_pw
https://news.bitcoin.com/bitcoin-makes-progress-clearing-backlog-lightning-network-capacity-channels-dropped-amid-congestion-issues/
https://cointelegraph.com/news/ordinals-and-brc-20-will-disappear-in-months-jan3-ceo-says
https://news.bitcoin.com/liechtenstein-prime-minister-says-government-to-accept-bitcoin-payments-open-to-investing-reserves-in-btc/
https://www.coindesk.com/business/2023/05/12/binance-announces-exit-from-canada-citing-regulatory-tensions/
https://bitcoinmagazine.com/culture/give-bitcoin-for-mothers-day
https://bitcoinfortress.substack.com/p/monthly-portfolio-update-may-2023