The CUSMA Negotiation Will Be a Disaster for Canada | Canadian Bitcoiners Podcast
The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian SpinShow Notes
Bitcoin just crashed below $60,000 to a 20-month low - the worst first half on record - with the Fear & Greed Index at 18 (Extreme Fear). Is the bull market over, or is this the bottom smart money is buying? Plus: a deepfake of PM Carney drains a senior's $900K, Strategy's leverage cracks, and Bull Bitcoin beats MiCA. This is the Canadian Bitcoiners Podcast.Bitcoin closed a brutal first half - down ~22% in Q1 and ~12% in Q2, a rare back-to-back losing quarter - on record US spot-ETF outflows, a hawkish Fed, and a strong dollar. But under the panic is a divergence: price held the June 26 lows for three sessions while sentiment bottomed, and Strive bought 759 BTC into the fear. We break down whether this is capitulation or the start of something worse - and why self-custodied, unleveraged holders are the only ones not being forced to sell.In this episode of the Canadian Bitcoiners Podcast: Bitcoin below $60K: 20-month low, Extreme Fear at 18, and the contrarian case The AI-deepfake-of-Carney scam that drained an 86-year-old's $900K Strategy (MSTR) under a securities probe as 'guaranteed' STRC preferred hits record lows Bull Bitcoin secures MiCA in France with self-custody intact - while Binance exits the EU The CLARITY Act's Senate coin-flip and what it means for Bitcoin Bank of Canada holds at 2.25% as oil and the Iran war stoke inflation Franklin's Bitcoin DRIP ETFs, Hut 8's $2.35M settlement, and an OKX prize dispute Notable North: a halved carjacking sentence, the door-kick challenge, 24 Sussex, the $1T grid plan, and CUSMA Canadian Bitcoiners Podcast Website: https://canadianbitcoiners.com X: @CanadianBTCPod Subscribe & turn on notifications The throughline: the leverage and the custodians break in a crash - the protocol doesn't. Lower fiat price is not a broken Bitcoin. Extreme Fear is where conviction gets bought.Sources: CoinDesk, Fortune, Yahoo Finance, Bitcoin Magazine, The Block, CP24, CTV News, National Post, CBC, Bank of Canada, Congress.gov, Al Jazeera.This week's crash coverage is brought to you by the people who think your money should be yours - especially when everyone else is panicking.————————————————————————————————SPONSORS🔒 easyDNS - Canadian-owned, ICANN-accredited registrar that has accepted Bitcoin since 2013. Domains, DNS, email, hosting, all without selling you out. Use promo code *CBPMedia* for 50% off your first purchase, no limits.→ https://easydns.com⚡ Bull Bitcoin - Canada's non-custodial, Bitcoin-only exchange. Founded 2013 in Montreal. They never hold your keys; you self-custody from day one. CBP listeners get 25% off fees for life.→ https://app.bullbitcoin.com/registrat...🔥 256 Heat - Hashrate heaters: Bitcoin miners purpose-built to heat a space. Every watt of electricity becomes heat AND hashrate, so you're warming your space and stacking sats at the same time. Custom solutions available. Tell them CBP sent you for a discount.→ https://256heat.com🎓 Bitcoin Mentor - One-on-one coaching to take you from "I bought some Bitcoin" to true self-sovereign ownership. Wallets, keys, collaborative custody, inheritance planning, node setup, the whole stack. 30-day money-back guarantee on every package.→ https://btcmentor.io/aff/joey————————————————————————————————FOLLOW THE SHOW🎙️ CBP - https://x.com/CanadianBTCPod👤 Joey - https://x.com/joeytweeets👤 Len - https://x.com/thebtcpricebot————————————————————————————————#Bitcoin #BitcoinCrash #CanadianBitcoiners #ExtremeFear #BitcoinNews #Saylor #BullBitcoin #Canada #BTC #SelfCustody #MicroStrategy #Macro
More from The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin
MSCI adopted its non-operating company rule on October 15, and the companion spreadsheet of potentially impacted securities lists Strategy with a potential action of "Deleted" — roughly $40.3B of the $44.4B of float-adjusted market cap on that entire list. The affected names publish November 11 and the change takes effect at the close on November 30, leaving 19 days between the list and any forced selling. MSTR dropped 9.56% in a single session after the decision. Tonight, Joey and Len walk through the 4-of-5 ratio test, whether Strategy actually trips it, and what index removal does and does not do to the Bitcoin sitting behind the stock. MSCI's announcement names no company, and Strategy says MSCI-linked funds hold only 3.1% of its basic shares.
MSCI adopted its non-operating company rule on October 15, and the companion spreadsheet of potentially impacted securities lists Strategy with a potential action of "Deleted" — roughly $40.3B of the $44.4B of float-adjusted market cap on that entire list. The affected names publish November 11 and the change takes effect at the close on November 30, leaving 19 days between the list and any forced selling. MSTR dropped 9.56% in a single session after the decision. Tonight, Joey and Len walk through the 4-of-5 ratio test, whether Strategy actually trips it, and what index removal does and does not do to the Bitcoin sitting behind the stock. MSCI's announcement names no company, and Strategy says MSCI-linked funds hold only 3.1% of its basic shares.
Ledger has confirmed an unauthorized hardware implant in an affected device sold through CryptoBilis, a reseller listed by Ledger. How can a hardware wallet pass a Genuine Check while a physical implant spies on its setup? Tonight, Joey and Len examine the reported supply-chain attack, the limits of device verification, and what this does to trust in self-custody. Loss totals remain third-party estimates; the confirmed implant does not establish that every Ledger device is compromised.
Ledger has confirmed an unauthorized hardware implant in an affected device sold through CryptoBilis, a reseller listed by Ledger. How can a hardware wallet pass a Genuine Check while a physical implant spies on its setup? Tonight, Joey and Len examine the reported supply-chain attack, the limits of device verification, and what this does to trust in self-custody. Loss totals remain third-party estimates; the confirmed implant does not establish that every Ledger device is compromised.
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