Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price has fallen down into the $57k range.

Choppy summer, two taps of the 50-week EMA, and price continues higher. Should start moving higher soon. POST: https://x.com/CryptoJelleNL/status/1835719569983336593

This retest could get volatile, much like on the other occasions when price tried to reclaim the Channel Bottom as support (light blue circles). POST: https://x.com/rektcapital/status/1835688513200627887

BULLISH:

BREAKING: #Bitcoin on exchanges hit a multi year low while hashrate just hit a new ATH. This is giga bullish 🚀. POST: https://x.com/CarlBMenger/status/1835660847453978700

#Bitcoin Omega candle incoming. Strap-in. POST: https://x.com/CarlBMenger/status/1835662743791075836

Kingdom of Bhutan Holds 13,029 BTC from Bitcoin Mining Operations. "Unlike most governments, Bhutan’s BTC does not come from law enforcement asset seizures, but from Bitcoin mining operations, which have ramped up dramatically since early 2023.” POST: https://www.nobsbitcoin.com/bhutan-holds-13029-btc/

EL SALVADOR:

JUST IN: 🇸🇻 President Bukele says El Salvador will no longer require external debt to finance its budget and has achieved financial independence. POST: https://x.com/BTC_Archive/status/1835627373586202940

Government on a fiat standard: endless debt & fiscal crises & a population of slaves heavily taxed to pay their leaders' debts. Government on a bitcoin standard: balanced budget, no public debt, low taxes. POST: https://x.com/saifedean/status/1835724130710393259

BITCOIN WEDDING REGISTRIES:

How to build a strategic bitcoin reserve into your wedding registry using: @ZapriteApp, @unchainedcom, @Strike. POST: https://x.com/rkywld/status/1835441573376528402

EDUCATION:

Become a Bitcoin Developer. Master the fundamentals of Rust and Bitcoin. Start your journey to becoming a Bitcoin contributor. POST: https://btcdemy.thinkific.com/

CONFERENCES:

Nostrdam — October 8th, 2024 in Amsterdam, The Netherlands. TICKETS: https://www.bitkassa.nl/nostrdam

Bitcoin Amsterdam — October 9-10, 2024 in Amsterdam, The Netherlands. TICKETS: https://b.tc/conference/amsterdam

FIAT/GOVERNMENT NONSENSE:

🇺🇸 FED TO CUT RATES BY 0.50% - JPMorgan. POST: https://x.com/RadarHits/status/1835650355247419870

The Fed is about to start...