LNMTrader's Bulletin 📈📋

Friday, January 31, 2025

☕️TL;DR: Bitcoin News and Notes

🔹At its meeting on Thursday, after discussing a document on international reserve management in 2024, the Bank Board of the 🇨🇿Czech National Bank (CNB) approved a proposal to analyse the options for investing in additional asset classes, including Bitcoin🟠.

🔹You can now self-host open source AI models like @deepseek_ai R1, Meta's Open Source Llama, and more on your @umbrel home cloud — thanks to @ollama and @OpenWebUI. 👀

🔹@Tether_to Brings $USDt to Bitcoin’s Lightning Network. 💸⚡️

🔹 @econoalchemist posted: ''The 256 Foundation held our first annual fundraiser today to raise money to support open source Bitcoin mining development. We opted to have supporters send their hashrate to our self-hosted pool running on a @FutureBit Apollo, like psychopaths. And we actually solved a block.'' (Original post down in the sub-posts, really awesome project!!) ⛏️

🔹 On the previous topic, @JStefanop1 commented: ''Today is the deepseek moment for Bitcoin mining.

Because this block was found in a public way we are able to get access to low level logging on the Apollo II.

Block found, proccessed, and submitted to the Bitcoin network within 500ms (half a second).

This with 300 dollars worth of compute hardware and a basic internet connection.

Public Cos and others spend millions on infrastructure costs, and convinced the whole Bitcoin community that this is require to find blocks.

Thats BS, and today proven BS without a reasonable doubt.

Lets embolden all miners large and small to solo mine and produce their own blocks!'' 🚀

🔹@BraiinsMining is OPEN SOURCING their bitcoin mining control board! 🫡⛏️

🍜 SHORT-TERM FORECAST:

🔸 Today (January 31, 2025): Bitcoin's price is expected to trade between a floor of $98,000 and a resistance of $107,300.

🔸 Tomorrow (February 1, 2025): Bitcoin could see prices ranging from a minimum of $97,298 to a maximum of $107,572. The market sentiment remains cautiously neutral. (Waiting for BIGGER news to trade harder??)

🔸 Day After Tomorrow (February 2, 2025): Bitcoin's price is projected to move between $100,000 (minimum) and $106,000 (maximum).

sideways, baby!! 🦀✨