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BREAKING: South Korean exchange activates a circuit breaker after the KOSPI falls -6%, temporarily suspending algorithmic trading.
Over ₩438,000,000,000,000 ($300 BILLION) wiped out from South Korean stock market today.
🚨 LATEST: Strategy CEO says that their corporate Strategy is to increase net Bitcoin and Bitcoin per share over time.
"Rumors otherwise are just rumors."
LATEST: More than half of all $BTC in circulation is now held at an unrealized loss, a signal that has coincided with every major bear market bottom in history.
🚨 UPDATE: Ethereum whales holding at least 100K $ETH have accumulated 17.41M ETH, a 9-week high representing 22% of the entire supply as prices have fallen, per Santiment.
Primeiro Comando da Capital and Comando Vermelho are two of the most violent criminal organizations in Brazil. Their reach extends throughout our region and into our country.
Today, I designated these organizations as Foreign Terrorist Organizations and Specially Designated Global Terrorists.
The Trump Administration will continue using every available tool to protect our national security interests and deny funding and resources to narco-terrorists.
https://t.co/x3cPYjelwZ
Truly incredible.
Micron stock, $MU, is now up another +6% in overnight trading, adding another +$60 billion in market cap in hours.
Just 12 months ago, the entire stock was worth less than $70 billion.
Including the gain during regular trading hours, Micron has now added +$220 BILLION today.
This makes Micron the 12th largest public company in the world.
MY ANALYSIS IS FINAL:
JUNE. 7 DAYS LEFT. #BTC WILL START THE FIRE. #XRP WILL SHOCK THE WORLD.
— WORLD'S HIGHEST IQ (276) HOLDER, RECOGNIZED BY WORLD MEMORY CHAMPIONSHIPS.
America is forming businesses at a record pace, but almost none of them are creating jobs:
US monthly business applications are up to ~500,000, near their highest since the post-pandemic peak in 2020 and 2021.
However, high-propensity applications, those likely to result in hiring employees, now account for just ~30% of the total.
This percentage has HALVED over the last 20 years, down from ~60%.
Furthermore, only 1 in 3 of those high-propensity applications ultimately result in a business with actual employees.
This means the vast majority of new businesses being formed today are one-person operations, with most never providing full-time work even for their founders, and contributing little to employment or economic growth.
America is experiencing a boom in jobless business creation.
Spoke with an onchain asset issuer at Consensus Miami.
He told me:
“If it doesn’t beat $STRC, it’s not worth tokenizing.”
$STRC is becoming the benchmark for DeFi.