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The Kobeissi Letter
BREAKING: The SEC has officially dropped its lawsuit against Coinbase, $COIN. https://t.co/Cmfya1uuIF
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The Kobeissi Letter
WOW.

The SEC just said that meme coins are generally NOT considered securities under US federal law.

They also said that meme coins have "limited or no use" and do not need to be registered with the SEC.

This is a MASSIVE statement by the SEC. https://t.co/7KpB2c2481
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Offshore
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The Kobeissi Letter
SEC: "Meme coins typically have limited or no use or functionality."

Did the SEC just call meme coins worthless?

WOW.

The SEC just said that meme coins are generally NOT considered securities under US federal law.

They also said that meme coins have "limited or no use" and do not need to be registered with the SEC.

This is a MASSIVE statement by the SEC. https://t.co/7KpB2c2481
- The Kobeissi Letter
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The Kobeissi Letter
BREAKING: Bitcoin falls below $82,000 for the first time since November 11th. https://t.co/ZyUARTWW9U

Crypto markets in trade wars:

Since trade war worries began on January 20th, crypto markets have erased -$800 BILLION.

For 10+ years, Bitcoin was viewed as a decentralized HEDGE against uncertainty, but something changed.

Why is crypto falling? Let us explain.

(a thread) https://t.co/NQiRiD5Be5
- The Kobeissi Letter
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The Kobeissi Letter
A complete bloodbath in Ethereum:

Ethereum has now lost ONE THIRD of its value over the 4 weeks.

It's now down nearly -50% since December 17th and nearing $2,000 for the first time since November 2024.

Talk about a shift in sentiment. https://t.co/DLe6uZ1ijD
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The Kobeissi Letter
It's official:

Ethereum has erased its post-election rally and is now down -9% since November 5th.

Has a new crypto bear market begun? https://t.co/QwakuSsTZN
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The Kobeissi Letter
BREAKING: Bitcoin losses accelerate leading to the first drop below $80,000 in 3.5 months. https://t.co/CJb5974gPL
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The Kobeissi Letter
RT @KobeissiLetter: Crypto markets in trade wars:

Since trade war worries began on January 20th, crypto markets have erased -$800 BILLION.

For 10+ years, Bitcoin was viewed as a decentralized HEDGE against uncertainty, but something changed.

Why is crypto falling? Let us explain.

(a thread) https://t.co/NQiRiD5Be5
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Offshore pinned «⁠The Kobeissi Letter RT @KobeissiLetter: Crypto markets in trade wars: Since trade war worries began on January 20th, crypto markets have erased -$800 BILLION. For 10+ years, Bitcoin was viewed as a decentralized HEDGE against uncertainty, but something…»
Quiver Quantitative
RT @InsiderRadar: 🚨BREAKING: New Insider Purchases

The CEO, CFO, and 2 Directors of $OSUR have all reported purchases of the company's stock, ~$600k in total.

These are the first insider purchases at the medical device company in almost two years, and there have been no recent sales.
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Alvin
So, I just bought the Xiaomi 15 Ultra in the Black-Silver colourway (China unit)!

This is an unplanned purchase cause I wanted to wait for the local Indonesian version to arrive, but I just couldn't wait.

Besides, the Chinese unit is *usually* better than the global unit in some ways.
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