JUST IN: 🇷🇺 Russian President Putin slams Western leaders for their silence on the US-Israeli war with Iran.
"They signed all sorts of letters at the start of the Ukraine conflict. Yet these lovers of the epistolary arts haven't written anything about the current tragic events."
🇺🇸🇯🇵 Japanese Reporter: Why didn't you tell us before starting war with Iran?
President Trump: "We wanted surprise. "
"Who knows better about surprise than Japan? Why didn't you tell me about Pearl Harbor?"
Best career advice that I can give:
Find a lowkey 9-5 that has the LEAST amount of responsibility. Use the extra time to start a side hustle and scale your business from there.
This strategy has helped me become financially free.
In light of market events, I am making this article free for the next 24 hours.
Foundations: U.S. Market Structure & Value
Powerful Trends, Increasing Fragility & Coiled Tension
https://t.co/uMpi9k1hN0
Rich people pay for expensive gyms and services not because they're dumb, but because they don't want to be around regular people.
Price is a simple filtering mechanism.
How do you know this has been a bear market vs just a standard correction?
On-chain losses give us a good clue about bear markets. And, we're acting like normal bears.
The good news is that as you get to these levels where more coins are in a loss, accumulations begin to form.
Something caught my eye in the latest 13F filings.
The biggest new entrant into IBIT, from a brand new entity, is something called Laurore Ltd. No website. No press. No footprint. The only public information is that the filer's name is Zhang Hui and it's HK based.
Let's double click on that for a second.
Zhang Hui is the Chinese equivalent of John Smith. It's what I like to call it a "non-anonymous anonymous" name, something hiding in plain sight buried under the statistical weight of millions to make it untraceable. The "Ltd" suffix suggests a Cayman or BVI structure, the classic offshore wrapper for accessing US markets. And the portfolio? A single holding. Nothing but IBIT. This isn't a diversified fund. It's a $436 million Bitcoin access vehicle dressed in institutional clothing.
Why would you do this?
Because Chinese investors can't hold Bitcoin.
If this is what it looks like, it might be an early sign of institutional Chinese capital moving into Bitcoin, not through crypto exchanges or gray market channels, but through a BlackRock ETF, filed with the SEC in a regulated jurisdiction hiding in the most "transparent non-transparent" place imaginable.
Funny that the name Laurore likely derives from the French l'aurore: the dawn.
Smells like capital flight to me.
Notice how GPS never says, "made a mistake". It simply says, "recalculating route". In this new year, embrace the detours, adjust the course, and keep moving forward.
Bitcoin.
Yes the CLARITY Act will get done and yes accelerating Wall Street adoption is real. This pullback is a gift for anyone who understands where we are in the cycle. If you don’t see that yet, you need to do more work on the structural fundamentals, not the hourly chart. In the end, everyone buys Bitcoin at the price they deserve.
Yes BTD.
Start of 2025: ‘Why should I own anything outside of the U.S.?’
13 months later: South Korea +151%, Peru +128%, Greece +101% … S&P 500 +19%.
The future is unknown. That’s why you diversify.
When an NFC team wins the Super Bowl by double digits, the full year is higher for the S&P 500 more than 90% of the time.
That coupled with the Pats lost and I think we all can be quite happy right now!