$COIN is shaping up nicely down here. A breakout above 215 sets the stage for a fresh leg higher. https://t.co/ioisM7ivD6
BREAKING: $ABNB earnings: - EPS: $0.26, est: $0.31 - Revenue: $2.67 billion, est: $2.62 billion $OPEN earnings: - EPS: -$0.18, est: -$0.10 - Revenue: $720 million, est: $667 million $COIN earnings: - EPS: -$1.49, est: $0.04 - Revenue: $1.41 billion, est: $1.48 billion
Coinbase, $COIN, to cut workforce by 14%.
$COIN only says this crap after they got their conditional banking charter approved. Pretty sad to see the entire industry get sold out under this administration. Enjoy your .05% checking account interest while traditional banks profit a 4% spread shafting every day US retail. Had hopes we’d actually see some positive change.
Overnight Market Shift — Risk Back on the Table Crude surged over 6% overnight, with $CL and $BZ ripping higher — driven by geopolitical tension and supply concerns. $ASTS −17% $RKLB −3% Crypto-linked names pulling back $MSTR −4% $COIN −3% $CRCL −3% Mega-cap tech showing weakness $MU −2% $TSLA −1% $NVDA −1% Energy strength + tech weakness is not noise.
$BTC watch if it hold and break for $80k run. $HOOD $COIN $MARA $IREN $CLSK $GLXY https://t.co/t5wNHTW6m6
Let's get this straight: The Clarity Act is a bank lobbyist bill. Where JPM and others lobbied both sides to get control over digital assets / $CRCL stablecoins. $COIN is probably going to sell out the industry because they got their conditional banking charter approved. But effectively, this bans competition in yields: -> So banks can continue offering .3% interest checking accs. Instead of handing out 4.3% treasury yields and keep the 4% difference. -> Hands them chokepoints over on/off-ramps and stablecoins. -> Bans any non-banks from offerings, like startups giving out 4.3% yields by holding stablecoins. Their claim? 1. “Safety”. These are the same institutions that operate on fractional reserve models and would GG on a bank run vs. 1-1 collateralized tokens. 2. “Just become a bank”. While they secretly lobby behind the scenes to prevent any new competitive firm from becoming a bank. If you want to see how it's things are doing under this administration: Just look at how things are going. Any genuinely helpful to retail are just going to get banned.
Overnight markets are ripping 🔥 Ceasefire news easing geopolitical tensions has flipped sentiment fast — risk is back ON. 🚀 Tech leading: $TSLA, $AMD, $META +4% $NVDA, $GOOG +3% ₿ Bitcoin back above $72K — crypto names flying: $HOOD +7%, $MSTR / $COIN +5% 💾 Memory stocks strong: $MU, $SNDK +7% 🌏 Asia reacting big: $Nikkei +4%, $KOSPI +5% Momentum is building… this could turn into a massive global risk-on move.
My dad’s most bullish stock? $PL at $3, which is up over 996.5% in 18 months. I bought 1 single share for fun. Because I didn’t think Planet Labs would grow revenue. I ended up long $RKLB instead. Planet Labs is now up over 10 times, and now I‘n left with a lot of regrets. FYI: They liked $COIN at $35-40 and early $TSLA as well, I didn’t listen to any of them. Lesson learned: Sometimes your parents are better investors than you are. Especially when you’re a mirror of them.
