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Switzerland just approved a Bitcoin ETF for regular people. Germany's savings banks are putting crypto right in their banking app. But sure, it's still "just a fad."
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Bitget just launched a network so institutions can trade while their coins stay with banks and custodians like Fireblocks and Copper. After every exchange scare this is the only setup that makes sense. Keep the keys. Trade the market.
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The Nasdaq 100 just had its worst day since the 2020 crash, down about 6.4 percent. The broader Nasdaq is in correction after falling about 11 percent from its October high. Crypto got dragged with it. 🧵
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Greece just locked in a 10 percent tax on crypto gains starting in 2027. Yearly gains under 500 euros owe nothing. Staking and DeFi yields get taxed at 15 percent. Clear and cheap beats America's mess of unanswered questions.
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Democrats don't even take over until January and they already picked their first priority. The incoming Oversight chairman's statement was two words, lawyer up. Ron Wyden posted one, subpoenas. Gas, groceries, and rent are still too high. Is this what voters actually asked for?
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Bitcoin won on both sides of the ballot Tuesday. Florida elected a Republican governor who wants a Bitcoin reserve, and Texas sent a Democrat to the Senate who voted for one. 🧵
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Zcash jumped about 12 percent in a day to around $1,318 ahead of its NU7 upgrade, which cuts block times from 75 seconds to 25. That puts the privacy coin in the top 10 by market cap. Bitcoiners keep calling privacy coins dead. Are they wrong this time?
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Wall Street pulled about $1.16 billion out of spot Bitcoin ETFs in three trading days, right into the election. 🧵
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Democrats took the House and Senate last night. Bitcoin dropped under $76K on the news, then ripped back above $78K by morning. Even with the bounce it's still down about 41% from the $122K record last October. Two years of gridlock in Washington. Good or bad for crypto?
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Tether's CEO says the company now holds about 150,000 Bitcoin. Its own Q3 report valued its BTC at $8.37 billion back on Sept 30. A stablecoin company keeps stacking Bitcoin with its profits while Washington can't stop borrowing. Who's running the better treasury?
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This is the most expensive midterm in American history. AdImpact has political ads at over $11.6 billion this cycle counting reservations. That's more than the entire 2024 presidential race. 🧵
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Final NYT/Siena polls: Democrats ahead in 6 of 7 Senate battlegrounds, up 11 in Michigan, with Iowa basically tied. But voters who only made up their minds in the last month break Republican by 9. The only number that matters comes after the polls close. Which way does it break tonight?
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It's Election Day. If you haven't voted yet, go get it done today. Lower taxes, less waste, America First. Every vote counts.
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Final week of generic ballot polls: Democrats up anywhere from 4 points (Harvard Harris) to 14 (AtlasIntel). That's a 10 point gap between pollsters asking the exact same question. Somebody is about to be very wrong. The only poll that counts is tomorrow. Go vote.
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Clocks fell back again last night. The House passed permanent daylight saving time 308-117 back in July. The Senate never voted, and if it doesn't by January the bill dies and they start over. Washington can't even fix the clock. Lock it or keep switching?
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Final numbers for fiscal 2026 are in.
Washington spent $7.4 trillion and took in $5.4 trillion. That's a $2 trillion hole.
Interest on the debt alone: $1.05 trillion. About triple what it was in 2021, and more than we spent on national defense.
Every dollar of that interest buys nothing. No roads, no troops, no tax cuts.
Whoever wins Tuesday inherits this bill. Who's actually going to cut?
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A Nasdaq company worth about $7.8 million says it holds about $449 million in Bitcoin. Its board just approved selling or borrowing against all of it, blaming the Binance hack and quantum fears. Smart risk management or the worst paper hands of the year?
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