BF114 - Top Bitcoin News - 5/5/24

Bitcoin Fortress

Weekly market update / outlook and Top Bitcoin News:

• Grayscale's Bitcoin ETF sees first inflow after billions lost since January
• BlackRock sees sovereign wealth funds, pensions coming to Bitcoin ETF's
• Jack Dorsey's Block adding more Bitcoin to balance sheet, presents road map for others
• BTC-e founder pleads guilty i $9B money laundering conspiracy
• Federal prosecutors are still 'investigating' Jack Dorsey's Block for alleged gaps in compliance
• Roger Ver charged with mail fraud, tax evasion and filing false tax returns
• Binance's founder CZ sentenced to 4 months in prison
• Samourai Wallet co-founder Keonne Rodriguez pleads not guilty, released on $1M bond
• Senator Cynthia Lummis slams DOJ for hyper-aggressive stance on self custody software
• Nigeria mulls over banning P2P crypto transactions; labels crypto trading as national security concern
• MicroStrategy Orange: everything you need to know about decentralized ID on Bitcoin
• Biden's economic advisor: "US can't go bankrupt, we print our own money"
• Check out this week's featured post on Bitcoin Fortress Newsletter: "The Cyclical Unraveling of Societal Institutions and the Rise of Authoritarianism - A Reflection on Recent Events"

Substack: Bitcoin Fortress

Nostr: npub122fpu8lwu2eu2zfmrymcfed9tfgeray5quj78jm6zavj78phnqdsu3v4h5

Mentioned in this week's Podcast:

https://www.coindesk.com/business/2024/05/04/grayscales-bitcoin-etf-sees-inflow-for-first-time-since-january-debut/?_gl=1*hnewdq*_up*MQ..*_ga*MjU0NzgyNzIuMTcxNDkyODIwNA..*_ga_VM3STRYVN8*MTcxNDkyODIwNC4xLjAuMTcxNDkyODIwNC4wLjAuMTE4Njk4NDk2OQ..

https://www.coindesk.com/business/2024/05/02/blackrock-sees-sovereign-wealth-funds-pensions-coming-to-bitcoin-etfs/?_gl=1*812don*_up*MQ..*_ga*MTgyMTM4MTQ0NC4xNzE0OTI4MjQw*_ga_VM3STRYVN8*MTcxNDkyODIzOS4xLjAuMTcxNDkyODIzOS4wLjAuMTc1MTA4MTIxNw..

https://www.coindesk.com/business/2024/05/02/jack-dorseys-block-adding-more-bitcoin-to-balance-sheet-presents-road-map-for-others/?_gl=1*11l003*_up*MQ..*_ga*Njk4OTA2MTU3LjE3MTQ5MjgyNjc.*_ga_VM3STRYVN8*MTcxNDkyODI2Ni4xLjAuMTcxNDkyODI2Ni4wLjAuMTI4NzIyNjIwOA..

https://cointelegraph.com/news/btc-e-founder-pleads-guilty-in-9-billion-laundering-conspiracy

https://www.nobsbitcoin.com/block-square-cash-app-federal-investigation/?ref=weekly-digest-newsletter

https://www.nobsbitcoin.com/roger-ver-indicted-for-tax-fraud/?ref=weekly-digest-newsletter

https://www.nobsbitcoin.com/cz-sentenced-to-4-months-in-prison/?ref=weekly-digest-newsletter

https://www.nobsbitcoin.com/samourai-wallet-co-founder-keonne-rodriguez-pleads-not-guilty/?ref=weekly-digest-newsletter

https://www.nobsbitcoin.com/senator-cynthia-lummis-slams-doj-for-hyper-aggressive-stance-on-self-custody-wallets/?ref=weekly-digest-newsletter

https://news.bitcoin.com/nigeria-mulls-over-banning-p2p-crypto-transactions-labels-crypto-trading-as-national-security-concern/

https://decrypt.co/229320/what-is-microstrategy-orange-decentralized-identity-bitcoin

https://bitcoinnews.com/markets/biden-advisor-jared-bernstein/

https://bitcoinfortress.substack.com/p/the-cyclical-unraveling-of-societal