Human Action, Not Political Action: The Individual's Role In Bitcoin's Revolution

This is an opinion editorial by Michael Matulef, an independent student of Austrian economics and member of the Mises Institute. The impending U.S. presidential election has ignited a spark of excitement within the Bitcoin community, as various prospects have begun to vocalize their support for Bitcoin. Rising political interest in Bitcoin has culminated in the emergence of a so-called “orange party,” a movement characterized by Bitcoin enthusiasts transformed into single-issue voters. While the fervor surrounding this development is comprehensible, it is crucial to evaluate the potential ramifications of single-issue voting…

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Bitcoin has bottomed despite ‘astonishing’ BTC price action — Analyst

Bitcoin (BTC) further ground down volatility into Aug. 12 as “astonishing” BTC price action stayed in place. BTC/USD 1-hour chart. Source: TradingView Bitcoin: “Classic weekend chop” expected Data from Cointelegraph Markets Pro and TradingView followed a flat Bitcoin trading environment as the weekend began. After displaying only muted reactions to the week’s United States macroeconomic data prints, BTC/USD held firm near $29,500 — a key battleground between bulls and bears. “Expecting just another classic weekend chop around the CME close price,” popular trader Daan Crypto Trades wrote in part of…

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