TD₿: Is Bitcoin on the Verge of a Major Breakout Against Gold? - (a Swan Signal Live video segment) with Brady Swenson, John Haar, Steven Lubka and Brandon Quittem
TL;DR: With Bitcoin priced in Gold in 4-year holding pattern, is a breakout & epic rally imminent? Plus, Trump and Elon discussing a Fort Knox audit, the debate between gold and Bitcoin is heating up!
Hey Bitcoiners,
In today’s video, we take a closer look at how Bitcoin is nearing a breakout compared to gold, with historical trends showing gold tends to lead Bitcoin’s price gains. Charts suggest Bitcoin is in an early-stage bull run, expected to rise gradually rather than experience major dips.
The debate over Fort Knox’s gold audit highlights Bitcoin’s transparency advantage. Institutional players are driving Bitcoin accumulation, while retail investors remain cautious. Investors are optimistic about Bitcoin’s long-term potential, fueling bullish sentiment.
Tick tock next block,
The Swan Education Team
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Quote of the Day
“Bitcoin is a tool for freeing humanity from oligarchs and tyrants, dressed up as a get-rich-quick scheme."
- Naval Ravikant
Job of the Day
Kotlin Developers
Anywhere / Remote Only
Full Time
Business Operations / Open-Source
At Stakwork we run all of our open soruce development through a Bounty program.
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In the Headlines
Bitcoin ETFs Break Daily Loss Record with $1.1B Outflow Amid Bitcoin Price Plunge
Spot Bitcoin ETFs saw a record daily outflow of over $1.1 billion on Tuesday amid a broader market rout that slashed Bitcoin’s price. This followed Monday’s outflow of $539 million—the sixth highest in nearly 14 months.
Across February, the 11 ETFs have lost more than $2 billion in assets as investors grow wary amid inflation worries, potential trade war tariffs from the Trump era, and global conflicts. The market was further unsettled by a recent $1.4 billion hack of the Bybit exchange, even as these ETFs have attracted about $40 billion in net inflows, making them one of the fastest-growing ETF segments in the industry.
GameStop CEO Acknowledges Proposal to Convert $5B Cash Reserves to Bitcoin
GameStop received a proposal from Strive Asset Management suggesting that the retailer convert nearly $5 billion in cash reserves into Bitcoin.
The proposal, signed by Strive CEO Matt Cole and acknowledged by GameStop CEO Ryan Cohen, argues that Bitcoin offers a superior store of value compared to cash—especially amid inflation and favorable accounting rule changes that allow companies to recognize unrealized Bitcoin gains as profit.
Fold Expands Bitcoin Treasury with Additional BTC Purchase
Fold Holdings, Inc. (NASDAQ: FLD) (“Fold”), a leading Bitcoin financial services firm, announced the opportunistic acquisition of an additional 10 Bitcoin for its treasury at an average cost of approximately $87,500 per Bitcoin, inclusive of fees and expenses.
“Fold is committed to integrating Bitcoin into both our business model and treasury strategy,” said Will Reeves, Chief Executive Officer of Fold.
“Similar to our customers, we are eager to capitalize on opportunities to acquire Bitcoin and plan to continue building our treasury strategically. We believe in Bitcoin’s long-term potential and will persist in accumulating it as we work towards shaping the future of Bitcoin-powered finance.”
Swan Shortie of the Day
Event of the Day
A Bitcoin conference in the Atlantic.
Bitcoin empowers individuals and businesses around the world, giving them financial freedom. Bitcoin Atlantis gathers the main leading voices in Bitcoin for a three-day conference in Madeira, in the middle of the Atlantic.
Bitcoin Atlantis Conference – Madeira, March 1st-3rd
Madeira hosts the inaugural edition of the Bitcoin Atlantis conference from March 1st to 3rd. Organized by the F.R.E.E. Association (Madeira – Regional Forum for Economic Education), a non-profit dedicated to economic education and adoption in the region, the event will be held at Estádio dos Barreiros and is expected to attract around 5,000 participants from across the globe.
Featured Speakers
The conference will feature over one hundred speakers, including prominent high-tech figures such as:
Jack Dorsey (USA): Co-founder of Twitter and CEO of Square
Michael Saylor (USA): CEO of MicroStrategy
Jack Mallers (USA): Founder and CEO of Strike
Jeff Booth (Canada): General Partner of Ego Death Capital and chairman of several companies
Additional Events and Information
In addition to the main conference, there will be multiple satellite events running concurrently, with a special emphasis on a “pitch day” for new startups aimed at global venture capital firms. Leisure activities include a music festival and a film festival.
For more details, check the schedule of satellite events here: Satellite Events
Register on the official event page: Tickets
Additional information: Bitcoin Atlantis
Promotional video: Watch Here
The best minds in Bitcoin joined us in person in Madeira to speak at Bitcoin Atlantis.
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
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