The US economic picture continues to look precarious, as leading indicators extended their record-long streak of sequential declines and existing home sales cratered to new 13-year lows – but as the Wall Street Journal suggests, you can always consider selling your kidney if times get tight.
Markets decisively reversed course from mid-October woes this week, as the latest CPI reading ignited a short squeeze that sent stock indices back near YTD highs.
We fully expect the excesses and fragilities of late-stage fiat to compound further over the coming decade.
Tether is making a lot of money by speculative attacking the US government.
After some temporary relief, yields on sovereign debt spiked again this week, with the 10-year US Treasury rising nearly 40bps W/W to break 5% for the first time since 2007 before retracing slightly on Friday afternoon.
I spent the most of last week in Nashville, Tennessee for the Lightning Summit at Bitcoin Park. It was an incredible event filled with people from around the world who are working to bring the lightning network to billions of people.
The early success stories of Fold and Strike are a call to action for businesses and entrepreneurs globally to acknowledge the overwhelming potential benefits of incorporating bitcoin technology into their strategic framework.
If you're paying attention you should be more bullish than ever.
