George Saoulidis
George Saoulidis is your new favourite bitcoin writer. Find all his stuff at https://georgesaoulidis.com/links
THEY SOLD YOU ‘MINERS SECURE THE NETWORK.’ THEN THEY WROTE OFF $1.5 BILLION OF THE MACHINES AND RENTED YOUR BACKBONE TO THE AI BUBBLE
Public bitcoin miners shed 75 EH/s in H1 2026, about $1.5 billion of mining hardware at $20/TH, while booking roughly $1.1...
AFRICA’S FIRST BANK JUST OFFERED TO HOLD YOUR BITCOIN — THAT IS NOT CUSTODY, THAT IS CAPTIVITY
Absa became the first African bank to offer Bitcoin custody, chasing a $1.5 billion market. One line in the launch briefing...
BITCOIN IS TRAPPED IN A $3,000 BOX WHILE CITI PUMPS A $113,000 TARGET — HERE IS WHO PAYS FOR THAT GAP
Citi hiked its Bitcoin target 38% to $113,000. Bitcoin can't hold $85,000 and volume is bleeding. The bank gets paid either...
COMMUNITY BANKS CALLED BITCOIN A SCAM FOR TEN YEARS. NOW THEY’RE SUING TO KEEP CRYPTO FIRMS OUT OF THE BANKING CLUB.
The Independent Community Bankers of America just sued the Office of the Comptroller of the Currency to block crypto firms from...
THE PEOPLE WHO TOLD YOU TO BUY THE TOP ARE NOW YOUR SELL WALL
Glassnode says the investors who bought last year's rally are now selling more coins per day than at any point in...
THE SEC JUST ADMITTED SELF-CUSTODY IS REAL — THEN BURIED IT UNDER A CONDITION
The SEC proposed new crypto custody rules on Oct 1, letting advisers and funds hold client crypto themselves — but only...
THE ECONOMY ADDED 29,000 JOBS. THE FEED RAISED RATES ANYWAY. NOW WATCH THEM CALL IT A SOFT LANDING.
America added 29,000 jobs in September. Economists wanted 90,000. The Fed raised rates a month ago and markets just celebrated the...
CORE LIGHTNING JUST TOLD THE WORLD ITS NODES ARE GETTING ROBBED — AND IT WON’T SAY WHO OR HOW
The team behind Bitcoin's most-used Lightning implementation says attackers are hitting unpatched nodes right now. They won't name the vulnerability. They...
TETHER DUMPED BITCOIN FOR TRON — NOW IT WANTS A HOMECOMING PARADE, A BLACKLIST, AND YOUR BLOCKS
Tether abandoned Bitcoin for Tron, killed Omni in 2023, and now says USDT is "coming home" on an RGB rail it...
BITCOIN’S LOUDEST PURIST JUST TOOK THE BIGGEST MINER’S PAYCHECK TO BUILD A PRIVATE LANE FOR YOUR TRANSACTIONS
Peter Todd spent years arguing nobody should control what gets relayed. Now he runs Slipstream, MARA's private mempool - where a...
Quick Reads
THEY’RE WRITING THE CONFISCATION RULES FOR 6.4 MILLION BITCOIN — AND A NATIONAL GOVERNMENT IS FIRST IN LINE
Nine crypto firms launched the Quantum Alliance to "prepare" Bitcoin for quantum attacks. The alliance says 6.4 million BTC — 30.2%...
RUSSIA JUST BANNED PEER-TO-PEER BITCOIN AND TOLD YOU THAT YOU CAN’T MOVE YOUR COINS TO YOUR OWN WALLET — THEN GAVE ITS BIGGEST BANK A LICENSE TO HOLD THEM
The Bank of Russia confirmed direct peer-to-peer crypto trades end July 1, 2027 — and that individuals can't move coins from...