“Retiring on 0.1 Bitcoin? That’s lazy math- backed by hope, not data.” Sminston With joins us to break down: 🔸How much Bitcoin you really need to retire 🔸The stunning accuracy of the Power Law 🔸What to expect this blow-off top season
BESSENT: “Make-up cuts are needed” because the Fed has been dependent on faulty data 👀
BESSENT: "The Federal Reserve is among the foremost drivers of inequality in America. By failing to deliver on its inflation mandate, the Fed allowed class and generational disparities to grow worse, expanding the divide between asset-owners and lower-income Americans." image
NEW: Cantor Fitzgerald launches the Gold Protected Bitcoin Fund. This product offers 45% of Bitcoin’s uncapped upside over 5 years, while using gold to shield up to 100% of principal if BTC falls. Designed to cut short-term volatility and capture long-term growth. image
JUST IN: Cboe will launch continuous Bitcoin futures on Nov 10, pending approval. The product mimics perpetual futures but in a U.S.-regulated, cleared market, giving institutions an easier way to gain long-term crypto exposure. Big step in Bitcoin’s Wall St integration. image
JUST IN: US payrolls revised down by 911,000 jobs, the largest cut in history.