NUGGETS OF ALPHA
The Bitcoin network is at the second highest fee levels of 2023
Tether plans to invest $500 million to establish its own Bitcoin mining operations
The top 5 stocks in the S&P 500 now account for 25% of the entire index - wow
Oil is entering into a bear market even though OPEC is tightening production
U.S. home-buying conditions are the worst since the 1980s - rates!
A double-digit drop in German exports to China has rattled its economy
Let’s take a global tour from a macroeconomic perspective, tying it into crypto, showing how it is all connected. Even though a lot of the data I will reference is American, the trends are the same all over the world.
Many people expected the spot BTC ETF to happen on November 17th, but the IA Team did not. The good news is that the SEC is talking to financial firms, and they are laying the groundwork for a spot ETF. I believe the ETF is
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