TD₿: Bitcoin is Going WAY Higher Than $100K - Here's Why - (a Swan original video) by Hurley
TL;DR: Bitcoin is on the verge of breaking $100K as MicroStrategy announces a record-breaking $4.6 billion Bitcoin purchase. We are entering early-stage 'Super Cycle' territory!
Hey Bitcoiners,
Bitcoin is approaching the $100,000 milestone amid MicroStrategy's record-breaking purchase of 51,704 BTC. Saylor’s aggressive acquisition strategy has pushed MicroStrategy's (MSTR) stock to an all-time high, with the company planning to acquire $42 billion worth of Bitcoin over the next three years.
Join Hurley as he covers this and the continued institutional interest with Sovereign Wealth Funds getting closer to allocating to Bitcoin. Speculation about a U.S. strategic Bitcoin reserve is getting louder by the day. If a U.S. reserve fund manifests, it could trigger a significant price surge and "super cycle" for Bitcoin.
Translation: No more 80% drops.
Learn why Bitcoin's long-term growth trajectory remains strong, with projections of $13 million per coin over the next 21 years no longer a ridiculous position. As adoption accelerates, market sentiment shifts, with Bitcoin emerging as the digital gold and a key player in global financial systems.
Enjoy!
Tick tock next block,
The Swan Education Team
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Quote of the Day
“Bitcoin is money that most closely aligns with the principles of Natural Law.”
- Jimmy Song
Job of the Day
Senior Accountant
Anywhere Remote only
Full Time
Finance / Financial Services
Join the Future of Money
At Strike, we're building a world where everyone can access Bitcoin—a genuinely open, global, public digital infrastructure for money. Together, we're leading a financial revolution that promises everyone a more fair, honest, and equitable future.
Strike is the global Bitcoin app—a simple, fast, and secure way to buy and send money worldwide. Available in over 100 countries, including the US, Europe, Latin America, and Africa, Strike is redefining global finance. Join us in creating a more inclusive financial future for all.
Role
Strike is seeking a Compliance Operations Associate to join a fast-growing Bitcoin company.
This role's purpose is to conduct day-to-day investigations, deliver client support, and handle third-party information requests related to Fraud, AML, and KYC. Your responsibilities will include analyzing customer documentation, conducting enhanced due diligence (EDD), and identifying potential risks and fraudulent activities. This is a hands-on, cross-functional, highly engaged role.
As part of Strike's Compliance team, Compliance Operations Associates have a direct impact on all business areas, and their work informs critical business decisions across Strike. You will have the opportunity to take ownership, drive change, and directly impact the overall success of the compliance program.
The ideal candidate will have a solid background in performing compliance or fraud operations within the fintech industry, coupled with a keen interest in the dynamic world of Bitcoin. The ideal candidate should also thrive working in an ambitious startup environment and be excited about Strike's mission and potential. You must be comfortable with a team-first approach in a remote work environment.
Responsibilities
Enhanced Due Diligence: Perform comprehensive EDD reviews for new and existing customers.
Investigations: Investigate transaction alerts flagged by different internal rules, including alerts for potential transaction fraud and other unusual activity.
Customer Communication: In connection with EDD reviews and investigations, partner with our customer support teams to handle customer inquiries and pursue additional information as needed. Maintain a customer-centric approach while managing risk to ensure a positive customer experience.
Payment Partner Inquiries: Assist in handling and preparing data and documentation for responses to payment partners regarding customer activity. This includes requests for information (RFI), wire service messages, and payment recalls.
Law Enforcement Requests: Compile documentation and information to respond to law enforcement requests.
Cross-functional collaboration: Work alongside compliance, fraud, and customer service team members to refine and expedite compliance processes.
Risk Escalations: Detect and escalate any anomalies or suspicious behaviors in line with our AML and fraud policies.
Requirements
Experience: At least 1-2 years in compliance or fraud operations within fintech or financial services, focusing on high-volume environments.
Analytical Prowess: Exceptional analytical abilities with a commitment to detail and an ability to analyze public records, transactions, and KYC data.
Tech Savvy: Proficiency in open source research, KYC/case management tools, and customer service platforms, such as Zendesk, and a willingness to embrace/learn new technologies. Experience with blockchain analytics tools is highly desirable.
Communication: Strong interpersonal skills to effectively engage with a diverse customer base.
Independence & Teamwork: Capability to work autonomously and collaboratively in a remote, fast-paced setting, taking ownership of responsibilities. The ability to work with a high degree of urgency is critical.
Cryptocurrency Familiarity: A good understanding of the bitcoin or broader crypto industry.
Language Skills: English fluency is a must, with additional languages being a valuable asset.
We do not make hiring decisions based on educational history whatsoever. Our Founder is a college dropout. We employ high school dropouts, PHD candidates and everything in-between. We do not hire credentials. We simply hire talented, passionate individuals who are excited to be a part of our team.
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
In the Headlines
Bitcoin Briefly Hits Record $94,000, Surges $20K Post-Trump Reelection
Bitcoin reached a new all-time high of $94,000 per CoinGecko on Tuesday, continuing it’s pro-Bitcoin Donald Trump's re-election rally.
The price action today surpassed the previous high of $93,477 set on November 13.
Marathon Digital to Issue $850M in Convertible Notes for Bitcoin Acquisition and Debt Repurchase
Marathon Digital Holdings (MARA) is issuing $850 million in convertible notes, with an option to increase to $1 billion, to repurchase $212 million of its existing 2026 notes, acquire Bitcoin, and fund corporate initiatives.
The notes mature on March 1, 2030 and can be converted into cash, MARA stock, or both. Note holders can request repurchase starting December 1, 2027, under certain conditions like mergers or delistings.
On This Day in Bitcoin History
2023- SEC Sued Kraken for Operating an Unregistered Securities Platform
On November 20, 2023, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against cryptocurrency exchange Kraken, alleging that it operated as an unregistered securities exchange, broker, dealer, and clearing agency.
The SEC claimed that since at least September 2018, Kraken facilitated buying and selling crypto asset securities without proper registration, depriving investors of essential protections such as SEC inspections, record keeping, and safeguards against conflicts of interest.
Additionally, the SEC accused Kraken of commingling customer funds with its own, posing significant customer risks. In response, Kraken disputed the allegations, asserting that it does not list securities and intends to defend its position in court.
Swan Shortie of the Day
Event of the Day
Bitcoin MENA 2024
Dates: December 9-10th
Location: Abu Dhabi
Bitcoin MENA is a major event focused on Bitcoin, specifically targeting the Middle East and North Africa (MENA) region.
The conference, set to take place in Abu Dhabi from December 9-10, 2024, will bring together global leaders, institutional investors, and enthusiasts from the Bitcoin community to explore opportunities, innovations, and challenges related to Bitcoin's growing influence.
Bitcoin MENA will feature keynote sessions, panel discussions, workshops, and networking opportunities, covering key topics like mining, finance, and emerging trends.
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
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