TD₿: Is a Bitcoin Price Breakout Imminent? - (a Swan original series) with Dante Cook
TL;DR: The Bitcoin bull run is just getting started. Massive inflows are coming! Liftoff in 3... 2... 1... 🚀
Hey Bitcoiners,
The Bitcoin price looks like a coiled snake, bouncing just under all-time highs. Is a breakout imminent?
Well, after 16 days straight of net inflows, Bitcoin ETFs erupted with nearly $1 Billion in inflows. In this episode of Bitcoin Daily, we hear from one CEO who says a much bigger institutional wave of capital is coming. The market turned bullish as the first G7 Central Bank cut rates.
Is the money printer coming?
Will we see $1.4 billion in shorts liquidated and a new all-time high this week?
We look at lots of charts and data and hear from some of the leading experts who say this might be your last chance to hop on the rocket ship before takeoff.
Enjoy!
Tick tock next block,
Cory Klippsten
The Daily Bitcoiner is Powered by Marathon Digital Holdings - setting the pace for the Bitcoin mining industry.
Sign up for Swan and receive $10 in free Bitcoin today.
Welcome to Bitcoin: 101 Series
Swan understands that learning about Bitcoin can be daunting, and articulating its concepts to your loved ones can often appear like an insurmountable task. So, we created this free 1-hour Welcome to Bitcoin: 101 Series. It’s the best way to orange-pill your friends and family.
With host Natalie Burnell, you’ll learn the many ways Bitcoin can benefit you, such as:
Inflation Protection: Protect your savings from inflation and manipulation.
Investment Opportunity: Potential for substantial returns driven by its scarcity and growing adoption.
Prosperous Future: Decentralized money that serves as a store of value for your hard-earned wealth.
Help kickstart your loved ones Bitcoin journey today!
Quote of the Day
“A fool and their leveraged Bitcoin are soon parted.”
- Caitlin Long
Job of the Day
The Company
Swan is a leading Bitcoin-only financial services company supporting individuals and companies throughout their Bitcoin journey. We hire passionate Bitcoiners who want to work with a self-motivated and fully distributed startup team.
The Role
Last year, Swan announced the intent to launch a Bitcoin-only trust company. We are working toward building a pipeline of highly qualified individuals to help us lead this company.
The trust company will embark on the mission of onboarding the world's Bitcoin-only clients ranging from wealth managers, family offices, institutions, and beyond while innovating in Bitcoin-only custody initiatives such as multi-institutional custody and other new forms of collaborative and conditional custody enabled by Bitcoin native technology.
The company will maintain complete legal separation from Swan and have its own management structure separate from Swan while accessing Swan's broader resources (with more than 150 employees overall).
We are seeking an experienced Chief Operating Officer (COO) (or Director of Operations, depending on experience) to lead the trust company's operational aspects. This early hire will play a pivotal role in building, developing, overseeing, and optimizing the trust company's operations. This leadership position requires a seasoned operations professional with a deep understanding of fiduciary services, regulatory compliance, and a proven track record of driving operational excellence.
This is a startup-phase tech company role that must balance the fast-paced needs of a startup with the regulatory and risk needs of a Trust company managing billions of dollars in AUC. The ideal candidate will experience rapidly changing high-growth environments, be comfortable wearing many hats, and rapidly jump from a hands-on review of new initiatives to vendor selection to conversations with management and regulators.
Your responsibilities
Operational Strategy
Develop and implement operational strategies aligned with the company'scompany's mission, vision, and business objectives.
Identify opportunities for operational improvements and scalability within the digital asset space.
Collaborate with senior leadership to set operational goals, objectives, and performance metrics.
Trust Administration
Manage all aspects of trust administration, including account openings, funding, distributions, and account maintenance.
Ensure compliance with trust agreements, legal requirements, and industry standards.
Risk Management and Compliance
Ensure compliance with all relevant regulatory requirements, fiduciary standards, and internal policies.
Establish robust risk management frameworks to safeguard client assets and maintain operational resilience.
Custody and Security
Oversee developing and maintaining secure Bitcoin custody solutions, including cold storage and multi-signature wallets.
Partner with the Security team to implement best practices for security protocols, encryption techniques, and anti-fraud measures.
Technology and Infrastructure
Collaborate with the Engineering team to enhance and optimize digital infrastructure, trading platforms, and protocols.
Stay abreast of technological advancements in the Bitcoin space and assess their potential impact on the company's operations.
Client Relations
Build and maintain strong relationships with clients, addressing their needs, concerns, and feedback promptly and professionally.
Ensure a seamless onboarding process for new clients and provide ongoing support and communication.
Team Leadership
Lead and mentor a high-performing operations team, fostering a culture of collaboration, innovation, and excellence.
Provide guidance, feedback, and growth opportunities to team members.
Financial Management
Collaborate with the finance team to develop budgets, forecasts, and financial plans aligned with operational goals and objectives.
Monitor financial performance metrics and implement cost-effective strategies to optimize operational efficiency.
Skills and experience that will help you succeed
Bachelor's degree in Business Administration, Finance, Computer Science, or a related field; professional certification (e.g., CTFA) preferred.
Extensive experience (10+ years) in operational leadership roles within the financial services and/or bitcoin industry.
Must have prior experience working at a Trust company.
In-depth knowledge of Bitcoin, its underlying technology, custody, and security best practices.
Strong understanding of regulatory compliance requirements and risk management principles.
Excellent leadership, communication, and problem-solving skills.
Prior experience working in a trust company will be highly valued.
U.S. work authorization is required for a remote role based in the United States.
Here's a bit about our culture
We're a growing team: Fully distributed worldwide, Slack and Huddles are huge here.
We're very flat: Leadership is desired and encouraged; we hire people who care about and use the product they are working on.
We're Bitcoiners: We find solutions that encourage Bitcoin principles. We are often involved in the Bitcoin community through writing, podcasts, conferences, open-source projects, and time spent on Twitter to help educate the masses. We love Bitcoin, and it comes through in our daily chats, meetings, and actions.
Join us, become a Swan!
Event of the Day
Bitcoin Nashville 2024 - 12 Hour All-Inclusive Pleb Party July 25, Hosted by Anders
This year, Swan Bitcoin is sponsoring the Pleb Party at 2024 Bitcoin Nashville on July 25th. The previous two Pleb Parties were the place to be, and a lot of connections were made, which made the conference itself an even better experience. Even Saylor showed up at the last party in Miami.
Confirmed guests for this Nashville 2024 Pleb Party include:
Lawrence Lepard
James Lavish
Preston Pysh
Robert Breedlove
Natalie Brunell
Mark Moss
The two brothers behind BTC Prague June 13-15, the largest Bitcoin Only event in Europe: Matyas and Martin
Tatum Turnup
The entire Simply Bitcoin crew: Sofi, Nico, Opti and Rustin
Publord
... come get a drink in the open bar VIP style and say cheers to these amazing Bitcoin producers!
This party is for Bitcoiners to meet for laughs, smiles, and hugs the evening before the conference. Many well-known Bitcoin names were there, and it was the plebs' opportunity to hang out and have an informal chat with these great minds in a way that is normally hard to achieve.
This is a BITCOIN ONLY event, and anyone shilling shitcoins or NFTs will be escorted out of the venue with no refund of tickets but with a few acronyms like GFY and HFSP.
Buy your tickets here.
… And, don't miss this premier gathering in the heart of Nashville — a pivotal moment for enthusiasts and professionals driving the next wave of Bitcoin innovation!
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
Thanks for reading The Daily Bitcoiner! Subscribe for free to receive new posts and support my work.