Republicans have won the Senate!
Tim Scott will replace Elizabeth Warren as head of the Senate Banking Committee, opening the door to investigate and uncover the truth behind Operation Chokepoint 2.0.
🇺🇸🇺🇸🇺🇸
Cantor Fitzgerald is buying 5% of Tether for $600M.
Cantor gets a stake in one of the most profitable companies, while Tether gains regulatory protection.
Cantor CEO @howardlutnick, is Trump’s pick for Commerce Secretary.
Somewhere, @Bitfinexed is crying.
Bullish for Bitcoin.
$TRUMP is @GaryGensler’s fault.
Let me explain.
Meme coins exist because of the @SECGov’s flawed crypto policies. Tokens tied to anything useful are labeled securities. The way to avoid this is to make tokens completely useless - fueling the rise of meme coins.
Good job Gary.
The US will buy Bitcoin.
Trump just announced the creation of a US Sovereign Wealth Fund.
It will be headed by Secretary of Commerce @howardlutnick and Treasury Secretary @ScottBessent528. Both like Bitcoin.
I’d say there’s a 100% probability they buy Bitcoin.
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The US has 198,109 BTC.
If 94,000 is returned to @bitfinex, the US will be left with just 104,109 BTC.
This is HALF of China’s Bitcoin holdings.
I don’t see a world where Trump lets China own twice as much Bitcoin as the USA.
It’s time for a Strategic Bitcoin Reserve.
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I asked @Grok, “If my portfolio consists of Bitcoin and cash, what percentage should be in Bitcoin?” It walked me through the Kelly Criterion and said:
The Kelly Criterion suggests allocating 78% of your portfolio to Bitcoin and 22% to cash.
Financial advisors are in trouble.
If @KamalaHarris had won, Bitcoin would be below $58k. Gary Gensler would issue more Wells notices, Elizabeth Warren would push for a CBDC, and investors would brace for higher corporate taxes and an unrealized capital gains tax.
