bitcoin
Weekly Points – February 9th, 2024 – 5 Things to Know in Investing This Week – The Silly People Saying Silly Things Issue
Treasury Secretary, Janet Yellen speaking in public typically leads to her accidentally saying things out loud that confirm the fears of her critics. At the same time, the Bitcoin bears who celebrated a small decrease in the dollar price of Bitcoin last month have gone into hibernation causing quiet in my Twitter/X feed. I believe … Read more
It’s Approval Day – Was the SEC Hacked?
Today is the day we expect to see the SEC approve multiple Bitcoin ETFs including $GBTC. The announcement could come at any time, but is most likely to be after the close. A few points: 1) Yesterday, the SEC posted on X (Twitter) that it had approved the ETFs, then withdrew that stated approval claiming … Read more