CaveMan5093 trying to adapt

Just here learning more about the Crypto Space and all that comes with it

[Naval @naval]

The new competition isn’t Humans vs AI. It’s Humans with AI vs everyone else.

[CaveMan5093 trying to adapt @DAJr8899]

@jasonkneen So cool. How did you even start this? Claude code?

[Brian Armstrong @brian_armstrong]

Testing prediction markets and stock trading on the Coinbase app, which are rolling out in the U.S now

[CaveMan5093 trying to adapt @DAJr8899]

💯

[Watcher.Guru @WatcherGuru]

JUST IN: Michael Saylor says the following US banks are now issuing credit against Bitcoin:

• Citi
• JPMorgan
• Wells Fargo
• BNY Mellon
• Charles Schwab
• Bank of America

[CaveMan5093 trying to adapt @DAJr8899]

Damn

[unusual_whales @unusual_whales]

Layoff announcements top 1.1 million this year, the most since 2020 pandemic, per CNBC

[The Kobeissi Letter @KobeissiLetter]

Recent Layoff Announcements:

1. US Government: 307,000 employees
2. UPS: 48,000 employees
3. Amazon: Up to 30,000 employees
4. Intel: 24,000 employees
5. Nestle: 16,000 employees
6. Verizon: 15,000 employees
7. Accenture: 11,000 employees
8. Ford: 11,000 employees
9. Novo Nordisk: 9,000 employees
10. Microsoft: 7,000 employees
11. PwC: 5,600 employees
12. Salesforce: 4,000 employees
13. IBM: 2,700 employees
14. American Airlines: 2,700 employees
15. Paramount: 2,000 employees
16. Target: 1,800 employees
17. General Motors: 1,500 employees
18. Applied Materials: 1,444 employees
19. Kroger: 1,000 employees
20. Meta: 600 employees

Where will all these people go?

[CaveMan5093 trying to adapt @DAJr8899]

@naval True @elonmusk

[Kalshi @Kalshi]

JUST IN: College graduates now have the same job-finding rate as high school graduates

[Brennan Schlagbaum, CPA @Budgetdog_]

$100k is officially lower middle class.

Here's how much it costs to live "comfortably" in every US state:

[The Kobeissi Letter @KobeissiLetter]

US small business employment is collapsing:

US small firms cut -120,000 jobs in November, the most since May 2020, according to the ADP Employment Report.

Companies with 1–19 employees cut -46,000 jobs, while those with 20–49 employees cut -74,000 jobs.

This also marks the 6th monthly decline over the last 7 months.

During this period, employment at small firms has dropped -264,000.

As a result, the 3-month average dropped to -59,333, the weakest reading since the 2020 pandemic.

More rate cuts are coming.

[unusual_whales @unusual_whales]

More US families are renting because it’s far cheaper. Pretium says mortgage rates would need to drop from about 6.2% to 3.7% to make owning cost-competitive again.

[Vlad Tenev @vladtenev]

Welcome to @RobinhoodApp to all the $TSLA shareholders who transferred more than $1.4B to Robinhood, with an average account size of over $500k. Clear signal that people want choice, speed, and innovative tools that help them make their voices heard.

[Brian Armstrong @brian_armstrong]

It’s finally December!

Our teams have been sprinting to deliver a whole new set of products, which we’re excited to finally show you on the 17th. #SystemUpdate

The future of finance is on Coinbase.

[Watcher.Guru @WatcherGuru]

JUST IN: $11 trillion Vanguard to allow clients to buy crypto ETFs starting tomorrow.

[BlackRock @BlackRock]

Tokenization is shaping the next evolution of global markets. In @TheEconomist, Larry Fink and Rob Goldstein discuss how tokenization can modernize market infrastructure, enhancing efficiency, transparency, and access by connecting traditional and digital finance. Read more:

[unusual_whales @unusual_whales]

Americans’ household debt levels, including mortgages, car loans, credit cards and student loans, are now at a new record high, per Federal Reserve Bank of New York,

[CaveMan5093 trying to adapt @DAJr8899]

@based16z 🤔 true

[ARK Invest @ARKInvest]

"Robinhood’s remarkable product velocity is proving key to its strategic vision of becoming the go-to personal financial operating system. Year after year, the company has launched new products across financial services verticals."

Read our full blog: https://t.co/qmFOAttFTG

[ARK Invest @ARKInvest]

Zero commissions were just the beginning. @RobinhoodApp's innovation flywheel is transforming it into the personal finance hub for the internet generation. Read how in our new blog by @GrousARK and @varshikaARK.

https://t.co/qmFOAtt848