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@dev_rootx
Developer, systems engineer, quantitative trading, futures, equities, and options. Following business news, micro and macro economics. #MSOGang
$BTC will never go above $110k. A US president released his own meme coin. Calling the top here for all crypto. $XRP $SOL $BTC $ETH
They need 880,062. They've submitted 662,543 so far (all validated), although there's been no update since July 1 so the current number is likely considerably higher.
And Canada is moving!! So S3 rumours again and cannabis excise tax reform ? $MSOS $TLRY $CGC $HITI
The next round of names rumored to get equity stakes or direct funding from the Trump administration. Current exposure sits in $INTC for chip manufacturing, $MP for rare earth refining, $LAC for lithium mining & $TMQ for mineral exploration. Next wave lining up: • Battery…
The first hit of rescheduled weed will be the ultimate chef’s kiss 💨
$MSOS $TLRY $CGC
A senior advisor to President Trump tells The Marijuana Herald that a press release announcing rescheduling has been finalized, and the administration is “waiting on the conclusion of an event the president plans to tie into the rescheduling issue” before releasing it.
A senior advisor to President Trump tells The Marijuana Herald that a press release announcing rescheduling has been finalized, and the administration is “waiting on the conclusion of an event the president plans to tie into the rescheduling issue” before releasing it.
The AI bubble is now 17 times the size of the dot-com bubble and four times bigger than the 2008 global real-estate bubble, per MarketWatch. $NVDA $MSFT
Jeff Bezos of Amazon, $AMZN, says that AI is an “industrial bubble."
Those we've spoken to say essentially the same thing: Trump has said in private he will reschedule, personally promising multiple people, and they all believe it's imminent, but none know exactly when Trump will make an announcement. It probably won't come during the shutdown.
Crypto carnage continues. Bitcoin is below $110,000 and Ether is below $3,700. If Ether cracks $3,350, it could crash to $1,500, nearly 70% below its record high. If that happens, Bitcoin could sink to about $75K, a 40% drop from its peak, wiping out all of $MSTR's paper gains.
The US dollar is having its worst year in decades, per FT:
Drawdowns this Week Bitcoin -17% Ethereum -27% Solana -27% Cardano -44% Dogecoin -51% Litecoin -52% XRP -57% *Hail the King - Gold closed up 1% Friday, just off an all-time high.
Look at this. TLRY has seen large spikes in net call premiums leading up to this morning's earnings report. These $TLRY contracts opened at ~.16 saw a high of .65+ today! You can see the $TLRY flow and market tide, right on Unusual Whales.
$BTC will go sub 100K and it will be a rug pull within the next 60 days
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