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SEC drops it's case against Ripple. The "XRP (all cryptos) are securities" argument dies on the vine: https://x.com/CryptoLawUS/status/1902346870245978456

There is no proof for this claim. It's been reported as fact based upon hearsay.

https://x.com/CampbellJAustin/article/1893069308747497658

More: https://thepavlovictoday.com/howard-lutnick-reveals-trump-to-unveil-bitcoin-reserve-strategy-at-white-house-crypto-summit/

Read his full tweet carefully. He's not stating a change of his own opinion. He's is framing a question on alt coins based upon the common argument/proposition ascribed to Bitcoin (which he explicitly states that he does not agree with). People see what they want to see.

Welcome. :)

He did not change his tune. He acknowledged the argument for it while disagreeing with it.

Trump posted a follow up on truthsocial clarifying that the reserve will include BTC and ETH as well. The posts today weren't about Ripple (or Solana or Cardano). They are about promoting crypto as an industry in the USA. I expect we'll eventually hear news about the Working Group looking to...

Look at Cardano (ADA) explode. :eek:

BTC is highly correlated with NASDAQ and S&P500, especially since October 2024: https://www.theblock.co/data/crypto-markets/prices/btc-pearson-correlation-30d

Lol: https://pump.fun/coin/FFqhfLsiv1orjMDQLLvJEzVszAsEFvXqPxgtiHU1pump?coins_sort=market_cap

They were essentially mocking retail buyers that post on Reddit as dumb (they didn't say that explicitly, but that was the gist of it).

LBMA held a webinar this morning (my time). I listened in. I posted what I got out of it here: https://www.pmbug.com/threads/bank-of-england-delaying-gold-deliveries-4-to-8-weeks.8022/post-123954

Not sure how it is in Oz, but here in USA, retail have been selling physical back to dealers and I suspect it's largely a function of inflation putting the hurt on people. Consumer credit/debt is blowing out (debt levels high, delinquencies rising) while real estate is crashing.

Naked shorting = FA Rising borrowing costs = FO ~~~ https://x.com/BullionBrief/status/1887615945927254477

https://www.mining.com/web/lbma-liaising-with-cme-group-and-us-authorities-on-comex-gold-premium/ What exactly are they "liaising" about?

Gold price is being set by (Eastern) central banks. BTC price is highly correlated with NASDAQ. If central banks buy in to the 'strategic reserve' gambit, it could potentially diminish their gold activities, but that doesn't seem likely at the moment IMO. News right now is that London is...

@willrocks going above and beyond and putting in the work. I salute you sir. @sodl - cults are bad. I hope you didn't lose everything.

Caveat emptor (nothing goes straight up).

XRP pumpers have zero shame.