Jim Chanos’ short MSTR/long Bitcoin call is playing out.
Since May 1: Bitcoin +22% | MSTR -14%
“I’m doing what Saylor is advocating. I’m selling MSTR securities to buy Bitcoin.”
Just when it seemed this administration was warming to Bitcoin, the Treasury is taking aim at Bitcoin privacy.
Sign up below to get the latest in tomorrow’s newsletter.
Then join Rob Wallace and @Hector Alvero live as they break it all down on X and YT at 11am ET.
🚨 Banking crisis in Thailand: The central bank has frozen over 3 million personal & small business accounts in a sweeping crackdown on scam-linked “mule accounts.”
The dragnet has ensnared countless innocents, sparking legal outrage, panic withdrawals & retailers rejecting transfers in favor of cash.
Trust in the banking system is evaporating as police & banks deploy spyware that automatically flags and freezes accounts tied to suspected scam activity.
Citizens across the country are now rushing to pull their money from the system.
NEW: 🇪🇺 ECB Governing Council to decide next steps on a CBDC once the prep phase ends next month.
Lagarde urges EU governments “to rapidly establish the legislative framework for the potential introduction of our digital euro.”
The time Tucker learned the Bank of International Settlements (the Central Bank of Central Banks) is a legally immune international organization with extraterritorial status.
Want to hide trillions? Use the BIS.
The movement has moved worldwide.
Thousands take to the streets of 🇰🇷 South Korea, shouting, "We are Charlie Kirk!"
This coincides with mass protests today in the 🇬🇧 UK and 🇯🇵 Japan.
NEW: Two technicians, aged 32 and 33, were arrested in 🇭🇰 Hong Kong for allegedly stealing electricity and internet from two care homes for the disabled to power a cryptocurrency mining operation.
The scheme was uncovered after the care homes reported slow internet and unusually high electricity bills, up to HK$9,000 (US$1,153) above normal.
NOW: Over 1 million people flood the streets of 🇬🇧 London, according to police reports.
The crowd is rallying in support of British nationalism, against mass migration, and mourning Charlie Kirk.
People across the world are taking to the streets
NEW: Smarter Web, the 🇬🇧 UK's largest corporate Bitcoin holder with 2,470 BTC ($275M), plans to acquire Bitcoin at a discount from bankrupt firms, targeting FTSE 100 entry to strengthen its position among top UK-listed companies.
NEW: Strike has removed fees on its “Get Paid in Bitcoin” feature.
That means no fees on DCAs, no fees on direct deposit conversions, and unlimited free on-chain withdrawals.
🇳🇵 Nepal’s Gen Z just toppled their government…
And elected a new Prime Minister - on Discord.
In just 48 hours, the youth brought down a corrupt regime, powered by freedom tech like Bitchat.
A network state is born.
By Rob Wallace