$BTC ETFs

-$563.7m net outflows today

If 74k was the the eternal top I don’t even want my profits

Idc

I’ll just move to California and make $250k a year working at Chipotle.

Like whatever, don’t need this.

$BTC

I think we'll bottom either around here or around $45k
All in all, BTC holders don't really have much reason to panic
In either case, we'd still be up hilarious amounts in the last 12 months

Fed rate cuts are on pause 'indefinitely': Nick Timiraos

Starbucks is down 11% after hours, following earnings. This is the lowest it has been since July 2022.

You guys not getting lattes anymore?

I mean, c'mon...

Lawrence McDonald Most elements of the grid such as transmission lines of all voltages need aluminum, not copper. Their ratio tells us a more relevant story.

Of course Cu will matter over the next 10y (something I explained in countless details), but it won’t matter overnight.

First, China…

Over $2T is needed to rebuild a 30-50-year-old power grid in the USA.

Yet -

a) We are supposed to put millions of new electric vehicles on this broken-down highway.

b) Dutch scientists tell us 'ChatGPT Uses 17,000 times more Electricity than US Households.'

c) U.S.…

Sell in May & go away...

Over the past 5 years:

- Buying BTC in October & selling in April had 1,449% cumulative returns.

- However, buying in May & selling in September had -29%

Will we see the same this year? Let's dig in 👇

Last cycle, we saw #ALT / #BTC pairs capitulate just before rate cuts.

Perhaps this time is not different? This would mean ALT/BTC pairs drop another 40% from here over the next few months.

Short-term countertrends do not invalidate this view.

Distribution has been confirmed. gg

Raoul Pal As always, it’s all about liquidity.

We’ve had a slowdown in liquidity growth recently, hence the slowing in momentum.

But the next big catalyst for liquidity could be the QRA in a few days’ time.

Janet Yellen has a lot of influence over markets currently. It in her hands 🙌

'Many men die at age 30, but are buried once they're 80.' -- Attributed to Ben Franklin

'The mass of men lead lives of quiet desperation, and go to the grave with the song still in them.' -- Henry David Thoreau

Block 840,000. $200K profit at the time of it.

$BTC ETFs

-$4.7m net flows today

JUST IN: The FBI says Chinese hackers are preparing to launch an attack on U.S. infrastructure.

FBI Director Chris Wray said the Chinese will have the 'ability to physically wreak havoc on our critical infrastructure at a time of its choosing.'

Wray said that the Chinese have…

BREAKING.🚨

FBI Director Christopher Wray has announced that Chinese government-linked hackers have infiltrated U.S. critical infrastructure.

“The PRC [People’s Republic of China] has made it clear that it considers every sector that makes our society run as fair game in its…

The SEC wants to make sure they protect us silly investors from ourselves by going after the entire crypto industry, but you can go to Vegas and bet it all on red

They called me NUTS when I said the Fed could curtail its Treasury QT but MAINTAIN its MBS QT to play catch up. And they just announced they’re going to do JUST THAT!!!