
Another Day Another Dollar... or 108,000 of 'Em
Alright people let's cut the crap. Bitcoin's flirting with $108,000. You gotta ask yourself is this for real or are we staring down another goddamn pump and dump? I've seen enough volatility to make a seasoned trader weep. The Middle East is on fire the market's acting like it's 1999 and Bitcoin's acting like it doesn't give a damn. Now I'm not saying I'm complaining. But I didn't get where I am today by being a goddamn optimist. 'What's the play?' is what I want to know.
Uncle Jerome Gets Crypto Curious
So Jerome Powell's finally chiming in saying stablecoins are becoming 'mainstream.' Well ain't that special? It's about damn time the old guard woke up. But don't think for a second that means they're going to play nice. This is Washington DC we're talking about. They'll regulate it tax it and probably try to take credit for it before you can say 'insider trading.' Remember everyone has a price. The question is what's theirs?
Mortgages and Moonshots: Crypto Goes Mainstream?
Pulte wants Fannie Mae and Freddie Mac to look at crypto for mortgages. I’ll be damned. Suddenly Dogecoin could be your ticket to a McMansion. Is this the sound of revolution or just a cleverly disguised bailout waiting to happen? Still you've got to respect the hustle. 'Money it's what makes the world go around'. And if the world wants to use Bitcoin to buy a house who am I to argue?
D.C. Dishes Out the 'Rules of the Road'
Senator Lummis is on CNBC talking about 'rules of the road' for crypto. Rules? In *my* world? Look I respect the need for some order but you start over regulating and you stifle the innovation. Let the market breathe people. Let the winners win and the losers lose. That's how you get progress. You don't need the government holding your hand and telling you when to cross the street.
Trump's Truth Social Crypto ETF: Is This Real Life?
The NYSE is batting for a crypto ETF from Trump's Truth Social. Politics and profits baby! If approved this will be huge. The man knows how to stir the pot and if it makes him money all the better. Say what you want about Trump but he understands how to get people excited. And in this game excitement equals opportunity. I'll tell you what this is 'the true north.'
Big Banks Big Bets
Digital Asset just raised $135 million backed by Goldman Sachs and Citadel. Seems like the big boys are finally ready to play. And when they move it means someone is about to make a whole lot of money. Or lose it all trying. Either way it's a spectacle. Yuval Rooz that guy's alright. 'I like the way he does business'.
Comments
- No comments yet. Become a member to post your comments.