“It’s the Old DNA Basically Bashing the New DNA,Slow-Walking Of Spot Bitcoin ETF Approval,Trouble is Here
by Tyler Durden AMs the dust settles on the SEC’s begrudging approval of spot bitcoin ETFs – and trading begins – the shitshow behind the scenes is becoming clearer as GBTC wins… While Chair Gensler voted to approve the ETFs,…
Bitcoin & Big-Tech Burst Higher Amid Bloodbath In Boeing & Black Gold
by Tyler Durden A quiet macro day (though we did see NYFRB inflation expectations plunge!), but some ‘good’ news from Washington reduced the risk of govt shutdown in 11 days modestly. However, there was plenty of new narrative creation from…
Bitcoin, Bullion, & Big-Tech Bounce As Rate-Cut Hopes Roar Higher
BanksterCrime: by Tyler Durden Personal Consumption growth slowed (3 months ago) and so did Core PCE inflation (to 2%); Jobless claims fell (to 2023 lows) as the LEI continued to tumble, signaling recession in 1H24. So, ‘goldilocks’, ‘soft landing’, ‘everything…
Deer in Headlights Chaos in Credit Markets: Crypto Soars
BanksterCrime: by Tyler Durden Well that was a day… Almost time to trot out the ‘deer in headlights’… A double-whammy of a 30Y TSY auction bloodbath and Powell’s considerably more hawkish-than-expected tone prompted bonds and stocks to be clubbed like…
Debunked: FBI-Owned Bitcoin Wallet Erroneously Tied to Late Russian Oligarch Prigozhin in Recent Speculation
BanksterCrime: Amid swirling speculations about the third biggest bitcoin wallet, chatter has now emerged linking the fifth largest BTC wallet to the late Yevgeny Prigozhin, former owner of the Wagner private military company (PMC). However, a straightforward blockchain explorer search…
Robert Kiyosaki Expects Bitcoin to ‘Become Priceless’ When the Fed Launches Central Bank Digital Currency
BanksterCrime: Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin will “become priceless” when the Federal Reserve launches a central bank digital currency (CBDC). He warned that privacy will be destroyed, emphasizing that “Big Brother will be watching.”…
Analysis Says 2024 Halving Could Push Bitcoin to $400K, BRICS Declares Importance of Local Currencies in Trade — Week in Review
BanksterCrime: Share quote to Twitter This week’s hottest stories detail a potential skyrocketing of bitcoin’s price to $400,000, connected with the upcoming 2024 halving event, emphasis on trade in local currencies made at the conclusion of the recent BRICS summit…
Bonds, Bitcoin, Big-Tech, & Bullion Soar As ‘Bad News’ Is Good News Again
by Tyler Durden It’s been an ugly couple of days for micro- and macro- data in the US (and globally) as retailers signal a far more-stressed American consumer than the market would like to believe, and global PMIs scream stagflation…
Luongo: Cryptos “Are The Right Tool To Call Bull$hit On Central Banks”
Bitcoin: It’s Not A “Real” Truck I just bought a new truck. My 2013 Ford Focus (with requisite 5 speed Millennial Anti-Theft Device) couldn’t keep up with the rigors of my 3/4 mile trek to pavement multiple times a day….
Walmart Interest in Crypto Could Make Bitcoin Explode
BanksterCrime: Walmart Interest in Crypto increases after noticing that consumer focus on Crypto spiked over the past few years. Now the company says it plans to include Crypto into its future payment strategy. At the Yahoo Finance All Markets Summit,…