🚨🇯🇵 JAPAN LAUNCHES IT’S VERSION OF CLARITY ACT
Officially recognizes cryptocurrencies as financial assets.
Banks and institutions can legally adopt crypto on their balance sheets.
Bitcoin and XRP ETFs would be approved.
Crypto tax to be cut from 55% to 20%.
Expected to pass before the U.S. Clarity Act does as it showcases majority support in the Japan’s Common House.
Tomorrow's a big one. DTCC, the backbone of US markets with $114T in custody, begins its first production trades of tokenized equities, ETFs and Treasuries. SEC-cleared, BlackRock and Goldman onboard. The backbone of US markets goes on-chain. Huge.
Rare moment where my professional and personal worlds collide: XRP is now the first crypto on the jersey of a major college athletics program, at my alma mater.
XRP Family, meet the Jayhawks. Rock Chalk!
💥BREAKING:
ELON MUSK'S "X" IS ABOUT TO BECOME THE BIGGEST CRYPTO PLAYER.
Just today, it was announced that X will launch crypto trading directly from its timeline.
This is expected to happen within a few weeks, and most people are underestimating the impact.
X has nearly 600 million monthly active users, which is 50M+ more than global crypto users.
In several countries, X is the most visited social app and has 1B+ total downloads.
Compare it with any crypto exchange, X is by far the biggest platform which will provide crypto trading.
Elon Musk's other companies like Tesla and SpaceX already own Bitcoin and now X is going even deeper.
I know a lot of people are expecting a gigantic pump, but this is something which will play over a long period of time.
Just like ETFs didn't start a bull run immediately, this announcement will also take time to show its impact.
But once X starts going all-in crypto, hundreds of millions of new users will enter the crypto space which will result in both a parabolic adoption and price.
🚨UPDATE: White House Schedules NEXT CLARITY ACT Meeting for TUESDAY — BIG BANKS ATTENDING, CEOs STILL OUT 🇺🇸🔥
The White House has locked in a second stablecoin + crypto market structure meeting for Tuesday (Feb 10) — and this time, major U.S. banks will officially be at the table. 👀
Just like last week, this will NOT be a CEO-level meeting. Instead, it’s a policy showdown between:
👉 Senior policy staff from big banks (JPMorgan, Bank of America, Wells Fargo, Citi-level)
👉 Crypto industry trade groups (@BlockchainAssn) tied to firms like @Ripple & @Coinbase
👉 White House officials trying to force a compromise
⚠️ What they’re fighting over: Stablecoin yield.
I'll keep updating. 👀
In general, love your posts, but this is not accurate. The White House has been super constructive here.
They did ask us to see if we can go figure out a deal with the banks, which we're currently working on.
Actually, we've been cooking up some good ideas on how we can help the community banks specifically in this bill, since that's what this is about.....the community banks, right? More coming soon.
BREAKING: The End of Apple As We Knew It
In 72 hours, Apple lost four senior executives.
But that is not the story.
The story is this: Nearly every designer who worked under Jony Ive has now left the company. The team that built the iPhone, the Apple Watch, the iPad, the AirPods. Gone.
Where they went changes everything.
OpenAI paid $6.5 billion for Jony Ive’s startup. His team is now building what Sam Altman calls “the coolest piece of technology the world will have ever seen.” A screenless AI device. The anti-iPhone. Designed by the people who designed the iPhone.
Meta paid over $200 million to poach Apple’s head of AI foundation models. This week they took Apple’s UI design chief and his deputy. In one month alone, 25 former Apple employees joined OpenAI’s hardware division.
The numbers tell the rest.
Vision Pro sales collapsed 75 percent in a single quarter. Apple has paused its next headset to chase smart glasses. Meta already owns 73 percent of that market with 2 million Ray-Ban units sold.
For the first time since Steve Jobs returned in 1997, Apple has no design chief. The position was eliminated. Design now reports to operations.
Apple’s median employee tenure: 1.7 years. The lowest of any top 20 U.S. tech company.
The architects of the most valuable company on Earth are now building its replacements.
This is not executive turnover. This is the largest redistribution of creative capital in technology history.
The smartphone era was designed in Cupertino.
The next era will be designed by the people who left.
What comes after the iPhone will be built by its creators.
Just not at Apple.
Read the full story here 👇
https://t.co/6hp5wfihw0
🚨#BREAKING: The FAA has implemented ground stop for all flights at Los Angeles International Airport because of staffing shortages due to the ongoing government shutdown
"The only other time this ever happened was between 1929 & 1930"
Lacy Hunt sees a deflationary debt spiral unfolding now caused by tariffs & lack of liquidity in international markets.
This is how the Federal Reserve & President Hoover intentionally collapsed the system in 1929