These tariffs are set to go into effect on Aug 8th. This is a real hit to Canada - They should negotiate. This will also hit US Carmakers, excluding Tesla because many of them manufacture their vehicles or procure parts from Mexico. This is also part of the big reason for the sell off last week, that w jobs, rates, and the 2 nuclear subs deployed near Russia. image
Tesla is ready to explode this thing and maybe exposed to half the US population by end of year. image
I’ve been preaching about these guys for awhile here on nostr, posting their live shows and now this happens πŸ’«
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MicroStrategy does a 46,000% earnings. image
image meme created by our friend @M✨️
There’s a meme in here somewhere. Beavis and Butthead. image
A complete SBR NOTHINGBURGER. White House recycles old talking points, presenting them as fresh news. Totally underwhelming aka a "nothingburger" because it lacks no new revelations, especially on the Bitcoin reserve (e.g., no firm acquisition plans beyond seizures) and mostly recycles known positions without immediate legislative actoin. image
Compression vs depression. When you go within and find the answers to anything you are seeking you experience compression. When you fail to do that you experience depression 🌹 image
Looks like SEC just approved in-kind creation / redemption for all spot bitcoin and ether ETFs. In the U.S., in-kind redemptions are generally considered non-taxable events for the ETF itself. When an AP redeems ETF shares for Bitcoin or Ether, the ETF transfers the underlying cryptocurrency without selling it, avoiding a capital gains tax event within the fund.