🇺🇸 Donald Trump says "I will ensure that the future of crypto and #Bitcoin will be made in the USA"
"I will support the right to self custody to the nations 50 million crypto holders"
#trump#trump2024#btc#crypto
🚨To Western politicians & organizations:
Stop sending your condolences to Iran and Iranians for Raisi's death.
The Butcher of Tehran was responsible for tens of thousands of murders, including every single innocent Iranian you see in this picture.
He was hated by the vast majority of Iranians.
They are currently celebrating his death.
Raisi also helped kill Ukrainians, Syrians, Israelis and more.
Stop sending condolences for the death of a modern day Islamofascist Nazi.
It's not a good look.
#IRGCterrorists
As expected tax receipts added roughly $200bn to TGA. Forget about the May Fed meeting the 2Q24 refunding annc comes out next week. What games will Yellen play, here are some options:
1. Stop issuing treasuries by running down the TGA to zero, that is a $1tn injection of liquidity.
2. Shift more borrowing to T-bills, which removes money from RRP, that is a $400bn injection of liquidity.
3. Combo of 1 and 2, issue no long term bonds, only bills and run down TGA and RRP at the same time, that is a $1.4tn injection of liquidity.
The Fed is irrelevant, Yellen is a bad bitch, you best respect her. If any of these three options happen, expect a rally in stonks and most importantly a re-acceleration of the #crypto bull market.
BitWise already has $200m seeding its Bitcoin ETF.
If the 13 ETF applicants bring in an average of $500m each in the first week, that's $6.5 Billion in search of 154,761 Bitcoin if the price is $42,000.
Good luck with that! 😂