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Degens Deteriorating
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There is now an 71% chance of a US government shutdown on Saturday.

Pray for your bags.

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🀬2❀‍πŸ”₯1
BREAKING: The Japanese left-wing opposition leader who advocated for migration into Japan has RESIGNED

"I deserve to die a thousand deaths."

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πŸ’―9πŸ‘€5
JUST IN: European Union proposes banning all crypto transactions with Russia to prevent sanctions evasion

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The short US bond trade is very crowded:

Short interest in the popular Treasury bond-tracking ETF, $TLT, is up to a record 150.5 million shares.

This is 10 TIMES above levels seen in March 2023, which stood at ~15 million shares.

Short interest has TRIPLED since 2024 despite the $TLT price remaining flat over this period.

Long-term Treasuries have been in a bear market for nearly 6 years now.

Since April 2020, $TLT has declined -40%, with the biggest drawdown reaching -47% in October 2023.

Long-term bonds are more hated than ever.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
Apparently zoomers and gen alpha are scared of pictures like these?

LOL, LMAO EVEN

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
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Morgan Stanley expects hyperscalers to borrow $400 billion this year, more than double from $165 billion in 2025. The offering spree will drive high-grade corporate bond issuance to a record $2.25 trillion this year

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Morgan Stanley expects the record debt issuance to push spreads wider by year-end: "We think that the playbook is similar to 1997/98 or 2005; credit underperforms, but not end of cycle."

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
BREAKING:

JPMorgan cuts its target price for Coinbase to $290 from $399.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
😁1πŸ‘€1
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A drag queen named Anna Molly has demanded for Arizona lawmakers to reject a bill that would make it a felony to perform drag in front of minors.

Molly says there are "zero proven statistics" showing children are harmed by drag shows.

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NEW: CIRCLE VENTURES INVESTS IN EDGEX AHEAD OF TOKEN LAUNCH, PLANS USDC ON EDGE CHAIN - THE BLOCK

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
NEW: ODDS OF $BTC HITTING $100K IN FEBRUARY DROP BELOW 1% ON POLYMARKET

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
Bitcoin closed January Red and is currently 12% down in February.

Bitcoin has NEVER closed January and February red.

Big pump incoming or is this time different?

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά