The market is broken:
Interest rates have gone in a literal STRAIGHT-LINE higher since the Fed cut rates by 50 bps on September 18th.
The average 30 year mortgage is about to cross back above 7.0% for the first time since July.
What happened to the "Fed pivot?"
(a thread)
Trump ends 51-minute Nashville speech with Bitcoin promise...
#bitcoin#bitcoinconference2024#Nashville
"Our nation has never thrived by trying to censor new ideas and shut down the dreams of our people"
JUST IN: 🇺🇸 US Senator Cynthia Lummis on voting to overturn SEC rule blocking highly regulated financial firms from holding #Bitcoin and crypto.
"It marks the 1st time Congress has passed standalone crypto legislation. We are just getting started."
I respectfully disagree @SenTedCruz. Thank you @SenLummis for identifying the opportunities in Wyoming. Currently Texas is putting citizens in jail on civil lawsuits related to Bitcoin and then holding them in 'contempt of court' for not being able to produce passwords or seed phrases after the IRS raided their homes and removed every piece of technology they owned. In additional to frivolous lawsuits in the Texas Courts, the DOJ is bullying and seeking out big hitters in the Bitcoin community and finding ways to create criminal indictments against them. TEXAS is bullying and manipulating the legal system to punish their own residents who are actively involved in the Bitcoin Community. Is this the "OASIS" you are looking for in Texas @SenTedCruz
.@SenTedCruz on #Bitcoin relationships across state lines: "I want Texas to be the oasis for crypto and Bitcoin mining... but right now we have some competition on that from Florida." #DCBlockchain
TUNE IN LIVE at 11:20amET to see @SenLummis pass the first pro-#crypto bill thru the US Senate, & prove that PEAK WARREN is over! 💪💪💪 (I knew Liz’s power peaked when she sent two nastygrams attacking @custodiabank with misinformation a few weeks ago—@ewarren knew she was on the outs with the #stablecoin bill & wanted to get in (but failed), and her staff ignored my olive branch. Nonetheless, today should give everyone conclusive proof—Warren is rejected today. Rejoice‼️https://t.co/5CsElPOpkn
Developer of privacy tool sentenced to 5+ years in jail, bc someone used it for illegal purposes.
Knife manufacturer sentenced cause someone used it to kill someone…???
People please open your eyes! Our privacy is being taken away step by step.
We are at a pivotal point in the fight to ensure the crypto asset industry has a home in America.
Join me for an update on the fight for crypto in Washington at the #DCBlockchain Summit tomorrow!
Restoring human rights for 6 1/2 million Salvadorans has virtually eliminated gang violence.
El Salvador is now the safest country in the hemisphere.
@TheEconomist’s blatant and grotesque act of journalistic malpractice here is mind boggling.
More gaslighting by the Economist.
Everyone and their mother can see that ‘iron-fist policies’ have, in fact, destroyed the gangs in El Salvador.
And the Bukele Model is now sweeping Latin America only because it is so successful.
JUST IN: Former PayPal President and Lightspark CEO David Marcus says every corporation in the world will end up using #Bitcoin Lightning to settle transactions 🚀
#PlenariaExtraordinaria1 | “Es una enorme responsabilidad asistir a esta sesión para discutir una nueva prórroga del #RégimenDeExcepción. La mayoría de los salvadoreños quieren continuar viviendo en paz y seguridad, sin miedo a salir a las calles, y eso es lo que hemos logrado con esta medida tan exitosa”, diputada @AlexiaRivasG1.
I am proud the House passed the bipartisan SAB 121 CRA led by @USRepMikeFlood and @WileyNickel.
We cannot allow the administration to regulate tools for financial freedom out of existence.
Time for the Senate to swiftly overturn this misguided rule.