NEW POD | “That next cycle will be even more money printing. It has to be. They've got no way out.”
Michael Howell (@crossbordercap) on:
🔸 Who's winning the US-China capital war
🔸 Why Europe has nowhere to hide
🔸 BTC's next liquidity cycle
Watch: https://t.co/RJ5EXh8wUy
🇦🇪 UAE FIRM ANNOUNCES $1.5 BILLION BITCOIN AND REAL ESTATE INVESTMENT STRATEGY WITH COINBASE
Standard Asset Company has opened its Abu Dhabi headquarters, with plans to acquire income-producing UAE real estate while building a Bitcoin reserve managed exclusively by Coinbase Asset Management.
The strategy aims to generate real estate income alongside additional returns from managed Bitcoin holdings.
.@FoundationHQ says attackers sent over 23,000 phishing emails after exploiting compromised API keys and accessing customer data, including addresses and phone numbers.
https://t.co/HmfHzSgpJq
What an unbelievable experience at @MitaTechTalks
Two days of stimulating conversation surrounding Bitcoin, energy and AI.
Moderated four panels, recorded two podcasts, and covered the event live on @BitcoinNewsCom
Huge thank you to @lynnerae and @isramunozp for organizing and getting such an amazing group of people together.
They couldn’t have picked a better location - Punta Mita is as close to paradise as you’ll find and the accommodations were awe inspiring.
Sat next to @TimKotzman on the plane, met the legend @DavidBranscum, shared a special glass of wine with @coldhardsats and @JeffBooth and went deep with @clay_garrett
A small, intimate event with the IQ in the room off the charts where real connections were made.
Looking forward to next year!
JASON CALACANIS SAYS BITCOIN WILL NEVER BREAK ITS ALL-TIME HIGH AGAIN. THREE BITCOINERS HAVE OFFERED HIM $1 MILLION BETS
Fred Krueger gave him until Oct. 28, 2036, for Bitcoin to top its October 2025 record of $126,210.50. Grant Cardone offered two years, to Oct. 28, 2028. Producer Terence Michael put up a third $1 million.
Calacanis hasn't taken any of them.
He has replied to Krueger by saying, "Propose next 12 month bet."
He has said Bitcoin could revisit $57,000 within 12 months, citing ETF outflows and competition from AI investments.
BITWISE RAISES ITS BITCOIN TARGET TO $1.6 MILLION BY 2036, UP FROM $1.3 MILLION
The $14 billion asset manager's new 10-year forecast works out to a 34.3% annual return, about five times what it expects from US stocks. Its bear case is $130,686 and its bull case is $3.67 million.
The bet rests on institutions putting 1% to 5% of their portfolios into Bitcoin, which Bitwise says means $1.5 trillion to $7 trillion of demand against about $14 billion of new coins mined each year.
🇺🇸 FED’S LISA COOK AND BETH HAMMACK OUTVOTED 10-2 IN BID TO RAISE INTEREST RATES
The Federal Reserve voted to hold rates steady at 3.75%–4% today.
Cook and Hammack pushed for a 25-basis-point hike, but the other 10 officials voted to keep rates unchanged as inflation remains elevated.
THREE NEW BITCOIN CORE VULNERABILITIES DISCOVERED, INCLUDING BUG ALLOWING ATTACKERS TO REMOTELY CRASH NODES
One flaw lets malicious peers crash Bitcoin nodes running Windows, macOS, or BSD by exhausting memory. Linux nodes are unaffected by this attack.
Another allows attackers to gradually exhaust node memory, while a third could corrupt blockchain undo data.
Two flaws were discovered by AI-powered @ProjectLoupe at @spiral_xyz, with one independently identified by @L0RINC.
Fixes are available in Bitcoin Core 29.5, 30.4, 31.2, and 32.1, though certain configurations remain vulnerable to the third issue.
🚨 BREAKING: Three new Bitcoin Core vulnerabilities discovered including a bug allowing attackers to remotely brick nodes.
The vulnerabilities include two medium-severity flaws that could allow malicious peers to exhaust node memory and a third that could corrupt blockchain undo data under extreme conditions. @ProjectLoupe, an AI-powered security initiative at @spiral_xyz, independently identified the vulnerabilities alongside other researchers, including @L0RINC of the #Bitcoin Red Team 🟥.
Fixes have been released in Bitcoin Core versions 29.5, 30.4, 31.2, and 32.1, although certain 32-bit and FAT32 configurations remain vulnerable to the third issue.
LIQUID FEDERATION TO TRANSFER REMAINING 600 BTC IN COMING DAYS TO RESTORE FULL BITCOIN BACKING
The Liquid Federation says it successfully completed a 2.5 BTC test transaction and plans to transfer the remaining 600 BTC to its wallet in the coming days, restoring full 1:1 backing for LBTC.
BTC-to-LBTC swaps have already resumed through Aqua, Bull Bitcoin and SideSwap, which handled 99% of peg-out volume before the incident.
Normal peg-out operations remain under enhanced security controls as an independent security audit nears completion.
The Federation says the network continues to operate normally.
STRATEGY SHAREHOLDERS APPROVE DAILY DIVIDENDS FOR FOUR PREFERRED STOCKS
Strategy shareholders approved amendments allowing $STRF, $STRC, $STRK and $STRD to pay dividends daily instead of monthly or quarterly.
Daily dividends begin November 1 for $STRC and January 1, 2027, for the other three securities.
Each calendar day, including weekends and holidays, will have a dividend record date, though payments may be consolidated based on trading and settlement rules.
🇹🇭 THAILAND'S SUPREME COURT RULES BITCOIN CAN BE STOLEN PROPERTY
Thailand's Supreme Court upheld a robbery conviction over Bitcoin a tourist was forced to hand over on Koh Samui, ruling that the coins count as property under the country's Civil and Commercial Code.
The victim was beaten and made to buy 2.480801 BTC, then worth about $50,000, and send it to the gang's wallet in September 2022. The defendant's 10-year sentence stands, along with an order to return the Bitcoin or pay its value.
The full court said Bitcoin has a market value, can be turned into cash and can be held. It also said Bitcoin isn't legal tender, citing the Bank of Thailand.
The ruling was published Oct. 28 and binds lower courts in future cases.
Michael Howell: "All Money That Is Anywhere Must Be Somewhere"
Howell says liquidity isn't falling because the Fed is tight. The real economy is growing at its fastest pace since the mid-1980s and pulling cash out of financial markets.
If AI capex and federal deficits keep taking that cash, "any future refinancing demands become a lot trickier."
Full interview: https://t.co/m35K1uXdFf
Michael Howell: "Bitcoin Is the Most Liquidity-Sensitive Asset on the Planet"
Howell says Bitcoin needs to hold above $70,000, "which is really the critical level," to form a base and rebound strongly.
He had penciled in the second half of 2027 for the liquidity cycle to turn, "but it may come sooner."
Full interview: https://t.co/m35K1uXdFf
@Skuffster no shortage of these guys.
They all know bitcoin is bad and its going to zero, and they take time and energy out of their busy schedule to educate people, only out of goodness of their hearts! /s
JASON CALACANIS DECLARES BITCOIN WILL NEVER HIT AN ALL-TIME HIGH AGAIN, MICHAEL SAYLOR FIRES BACK
Venture capitalist Jason Calacanis is urging investors to sell Bitcoin and move their money into AI, arguing that Bitcoin offers little value beyond being a store of value.
Calacanis predicts Bitcoin will revisit $57,000 within 12 months, claims ETF outflows will continue, and calls Bitcoin a "dead network" whose viral appeal has faded.
"Bitcoin will never break its all-time high again," he declared.
Michael Saylor pushed back, arguing that AI and Bitcoin serve complementary purposes.
"AI creates abundance. Bitcoin enforces scarcity. One expands humanity’s ability to create value. The other lets us preserve and transfer it across time and space."
Saylor concluded that the world needs both digital intelligence and digital capital.
A brutal year for Bitcoin is just getting started.
Give me three minutes to explain why you should dump it now.
Outflows from ETFs are signal and will continue.
We will test the 57k low again in the next 12 months.
Why?
Because there are far too many dynamic places to put your money that are creating MUCH more value.
Why put your resources into a dead network that offers nothing beyond a store of value?
What's the point of place the BTC be if Bitcoin's Ponzi-scheme nature has gone away!?!
The viral nature of bitcoin was it's power... if you didn't own you were MOCKED!
Now? Completely reasonable, heck, SMARTER, to ignore bitcoin and place other bets!
No one is trying to convince people to buy Bitcoin anymore... the memes and NFTs are gone.
No one is saying $ BTC can change the world, because it won't — and BECAUSE AI HAS!
Just sell and shift from Bitcoin to Super Intelligence because one provides little to no value, and the other provides unlimited upside for humanity.
This should be obvious to everyone right now.
Bitcoin will never break its all-time high again.
🇺🇸 US TREASURY BUYS BACK $6 BILLION IN LONG-TERM GOVERNMENT DEBT
The Treasury reportedly purchased the full $6 billion of 20- to 30-year bonds it targeted, with investors offering $10.75 billion.
The move comes one day before the Federal Reserve's interest rate decision.
The buyback is part of a regular program designed to improve liquidity in the Treasury market, not a new stimulus program.
LIVE FROM @MitaTechTalks 🎙️
@samcallah of OranjeBTC on:
🔸 Why Bitcoin is becoming a safe haven for Brazilian investors amid political and currency turmoil
🔸 The massive opportunity for Bitcoin adoption in Brazil
🔸 And how AI and Bitcoin could combine to unleash a new wave of innovation.