NUGGETS OF ALPHA
Bitcoin’s price is up +7% over the last seven days
$57.84M BTC shorts were liquidated over the last four hours
The SEC has lost the Ripple and Grayscale cases in rapid succession
GBTC discount over BTC has fallen to -16.56%
The launch of U.S. spot ETFs will likely happen before the Bitcoin halving
The U.S. two-year interest rate tankedy
Tesla's Dojo is projected to become one of the world’s most powerful supercomputers
X obtained a license to store, transfer, and exchange digital assets on behalf of others
Bitcoin experienced outflows last week totaling $149M; BTC is +$265M YTD on a net basis
The JOLTS report delivers a surprise of a significant decline in job openings for July
The U.S. job openings hit a new low since March 2021, declining to 8.83M
Here is a screenshot of the positions that I currently hold. My two largest positions are Tesla and Bitcoin:
Tesla = +$15.78
GBTC = +16.50%
MSTR = +$42
BTC = ~$2,000 candle
Remember, everything mean reverts.
Bitcoin’s price is up +7% over the last seven days, but it was flat for almost two straight weeks. For some crazy reason,
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