In the land of tea and scones, a massive criminal syndicate, spanning 28 UK towns and cities, was busy converting drug trafficking, arms sales, and organized crime profits into cryptocurrency. And guess where those profits were ultimately headed? You guessed it – Russia. Not for caviar or vodka, but to sidestep sanctions and, oh yes, fund a war effort. Who knew, right?
This sudden ardor follows the musings of New York Fed President John Williams, who, with a wave of his hand, assured us that a rate cut need not threaten the Fed’s inflationary vows. “Modestly restrictive,” he called the current policy, as if describing a mildly inconvenient rain on a picnic. 🌧️ Tariffs? Mere ripples in the pond of inflation, he says, with the confidence of a man who’s never paid retail. 🛍️
So, apparently, getting your hands on some Solana (SOL) might soon require taking out a second mortgage. A group of people who are very clever with computers – developers, they’re called – have put forth a proposal. It\’s a bit like deciding to eat fewer biscuits, but with potentially billions of dollars at stake. They want to drastically reduce how many new SOL tokens are ever made.
A modest $27,500 per month, tax-free, beginning in February. Enough to make a tsar blush, though Kiyosaki seems unfazed, his coffers already brimming with the spoils of real estate.
According to Bloomberg-yes, that same Bloomberg-the crypto world had its own version of a “Great Escape.” Investors snatched away nearly $1 billion from Bitcoin ETFs, marking the second-largest daily outflow ever. BlackRock’s IBIT took the lion’s share, with a swift $355 million pulled out, while Grayscale’s GBTC and Fidelity’s FBTC each saw nearly $200 million waltz out the door.
This transpired amid the underlying asset’s tumultuous tango, which pirouetted between $80,000 and a five-grand rebound, as if the market itself were a fickle lover, alternating between despair and delirium.
My dear, Kiyosaki insists this isn’t a flirtation with doubt but a strategic sashay toward recurring income. How marvelously pragmatic! 🕺
Strengthening U.S. digital-asset policy seems to be shaping some sort of notion for a clearer crypto framework. At the SIFMA conference,-yeah, I’d rather be at a coffee shop-Jamie Selway from the SEC talked about rebuilding trust and how crypto is apparently getting trendy and fit into the ever-so-evolving market structure. 🙄
Fast-forward twelve months, and behold: MicroStrategy’s stock took a nosedive of 68%, as if it had suddenly discovered the art of falling gracefully, while Bitcoin, the darling of some enthusiasts, only sulked downward by 15%. Here’s the poetic justice-one sees Wall Street’s version of “Oops, I did it again,” and the other just limped along, perhaps embarrassed but still holding on for dear life. 🤡💸
