To anyone new coming in to crypto twitter or X, you’ll be faced with the important decision of who to follow & be influenced by.
Should you follow me? Am I credible? Have I called it right?
I’d like to ask my current followers what they think, read the comments to see if they promote me or not.
Granular urea quotations in New Orleans—nitrogen fertilizer's dominant form—have retreated to $453.5 per short ton, touching lows unseen since February 6th. The move represents a -36% pullback from mid-April's peak, when the market hit its strongest level since 2022.
You might not want to own it at these valuations, but given the special change in the inclusion criteria, you will own it if you have a 401K or pension fund.
Anthropic released Claude Fable 5, marking the debut of its publicly accessible Mythos-class AI model. Given worries about dangers tied to systems of this caliber, Fable 5 incorporates safeguards addressing potential vulnerabilities in AI-driven DeFi discovery.
U.S. unadjusted CPI climbed 4.2% year-on-year in May, matching forecasts and reaching its peak since April 2023. U.S. unadjusted core CPI advanced 2.9% year-on-year in May, also aligning with expectations.
ETFs now outnumber publicly listed companies. 🤔 Listed company counts have fallen over decades as ETF growth accelerates. Put differently, trading vehicles exceed the actual stocks available to trade, which means the average man or women has more access to the market now than ever before.
Bitcoin has consistently traded not only at but below its realized price during every past bear market. Currently, that level sits near $54,000.
$40,000 would be par the course of an ordinary bear market.
SpaceX's upcoming IPO drawing massive interest & approaching 4x oversubscription with $250bn in potential capital.
Although it's indications of interest we'll see what happens once actual bidding begins.
For what it's worth, IPO's typically draw down at least 60-70% once a high is in.
That will be the tricky part, determining where that high comes into play.
IMO retail will get burnt bad on the launch.
Tim Draper told Benzinga in an interview that quantum computers will "crack banks faster than blockchains," maintaining that his Bitcoin holdings face less risk than fiat deposits kept in traditional banks.
So "we still in a ceasefire & close to a deal" but hold my beer...
MAJOR ESCALATION: US conducts fresh strikes on IRGC targets following Iran's reported downing of an American Apache Helicopter, described as a 'Proportional response'.
Anthropic is reportedly unveiling "Claude Fable" today, a safety-restricted variant built on its Mythos-class model. The offering is expected to run approximately double Claude Opus's cost, though substantially below Mythos' initial pricing structure.