US GOVERNMENT BORROWING EXPLODED IN OCTOBER
US budget deficit hit a STAGGERING $257.5 BILLION in October. This is up nearly 400% year-over-year versus $66.6 BILLION last year. This was also the 2nd highest deficit in the entire US history. Source: Global Markets Investor
JUST NOW FROM THE WSJ: Donald Trump will be meeting privately with Coinbase $COIN CEO Brian Armstrong to discuss cabinet appointments.
The President of the USA speaking to the CEO of a major crypto exchange to figure out who are the best people to put in position of power that make decisions around crypto? This could be one of the most amazing four years of innovation for crypto with an entire White House ready to support the ecosystem. Source: Anit on X
#foodforthought
Source: Limitless Life
Super Micro Computer $SMCI is up almost 40% overnight 🚀🚀🚀
as the company announced the immediate appointment of BDO USA as its independent auditor and the filing of its compliance plan with Nasdaq !!! Source: Stocktwits @Stocktwits
The S&P 500 ETF, $SPY, just saw 9 consecutive days of money inflows, the longest streak since 2014.
Investors have poured $18 billion into $SPY over these 9 days as post-election buying continues. Since 2000, $SPY has only seen 4 streaks with 9 to 10 straight days of inflows: in 2007, 2013, 2014, and 2016. Massive inflows supported the 5%+ run in the S&P 500 following the election. Over the last 13 months, the S&P 500 has now added more than $15 TRILLION of market cap. Source: The Kobeissi Letter, Goldman Sachs
That's a nice one... 🤣
#dogefather #elonmusk
MicroStrategy added 51,780 BTC last week!!! ($4.6B equivalent).
It's a figure twice the global BTC ETP inflow over the past week of 25,993 BTC. Source: K33 research, @VetleLunde
62 public companies now have a bitcoin treasury strategy.
Private companies are estimated in the thousands. Source: River
