Halving the next hype cycle101 days and 14512 blocks leftNewsETF?SEC’s bitcoin ETF tweet fiasco may end in fraud charges, lawyers say - Blockworks (https://blockworks.co/news/sec-x-hack-legal-action)Day 1 Trade data:Grayscale: $2.3 billionBlackRock: $1 billionFidelity: $700 millionARK 21Shares: $288 millionBitwise: $125 millionCoinbase did $7B in Bitcoin transfers OTC during the day. (https://twitter.com/BTC_Archive/status/1745565435758559460)Wally Street seems happy with the results (https://twitter.com/EricBalchunas/status/1745786738549612749)$200M of folks finally getting out (https://twitter.com/akibablade/status/1745814139820294352)Eric Balchunas on XX (https://twitter.com/EricBalchunas/status/1745869555660881999)James Seyffart on X (https://twitter.com/JSeyff/status/1745868782273245196)"UPDATE: We don't have to wait till tonight for $GBTC Flows. Just -$95 million. A fraction of what I and many were thinking. This means yesterday was a huge success in my opinion. Likely going to see an inflow number for $BRRR from Valkyrie too! Day 1 Net flows sit at $625 mln The FCA, Britain's consumer financial regulator, guidelines discriminate against certain customers (https://www.nobsbitcoin.com/fcas-consumer-protection-regulations-make-uk-centralized-exchanges-unusable-for-retail-investors/) as unsuitable to buy bitcoinEconomicsArthur Hayes on the confluence of financial system, banking, and economic stress, which means bitcoin might dump (https://cryptohayes.medium.com/signposts-693ba565cd3e)This relates to the U.S. central bank's BTFP expiring in March (https://wolfstreet.com/2024/01/09/the-fed-will-let-the-btfp-expire-in-march-fed-vice-chair-for-supervision-michael-barr/)Shinobi on Bitcoin Magazine explains the economic rational for layered scaling in terms of Jevons Paradox (https://bitcoinmagazine.com/markets/jevons-paradox-what-it-actually-means-for-bitcoin), the observation that increasing efficency can also increase demand, which increases pricePrivacyGrapheneOS discloses vulnerabilities actively exploited by forensic companies \ stacker news ~security (https://stacker.news/items/385351)The team and users at GrapheneOS have uncovered a vulnerability in smartphones being actively used by digital forensics companies / exploit brokers to facilitate extractions in the after-first unlock (AFU) phase.Bitcoin EducationBitcoin Optech #238 covers lightning anchors and LN Symetry, as well as reviwing some bitcoin core review club (https://bitcoinops.org/en/newsletters/2024/01/10/) questionsFeedbackRemember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitterConsider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/)Thank you BoostersIf you get some value from this show, please consider sending a boost. Hearing from you means a lot to us!Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/)Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889)Boost right from the page!Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.comValue for ValuePodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)Recomended Podcasting2.0 apps:Fountain (https://www.fountain.fm/) podcast app (Android)Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boostsCastamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple)Sponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)
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