By Tyler Durden, Authored by ‘NAMCIOS’ via BitcoinMagazine.com, The game-theoretic aspect of Bitcoin adoption is shown as politicians around the world race to establish the most welcoming place for the industry. Christophe De Beukelaer, a Brussels member of parliament, announced he will take his full 2022 salary in bitcoin in an effort to raise awareness […]

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By Tyler Durden, America’s top snack company, Mondelez International, told Bloomberg TV Friday that consumers will begin to push back on rising food prices as the economy reopens.  Dirk Van de Put, chief executive officer of snack company Mondelez, said consumers had tolerated price increases made by the company, but that could soon change as their more stationary […]

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By Tyler Durden, Looking at Microsoft’s earnings reported moments after the close, which beat from the top to the bottom line, and one would think that the stock is soaring after hours. But instead what one would find is an inexplicable plunge of 6% which can only be attributed to someone bearishly positioned and slamming […]

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By Tyler Durden, Once heralded as the “Ethereum Killer”, cryptocurrency Solana has crashed almost 70% from its November highs amid a series of outages and bot attacks that have left traders and users frustrated to the point where many are raising questions about its viability. source The network had become the natural alternative to ethereum after […]

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By Tyler Durden, When demand is so overwhelming that you have to stop taking pre-orders, that’s usually a good sign – even when you’re battling a supply chain crisis. This was the case with Ford’s new Maverick pickup truck which, priced at $20,000, has attracted so much demand that the automaker has been forced to […]

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By Tyler Durden, Authored by Michael Maharrey via SchiffGold.com, The Federal Reserve is talking about raising interest rates. But the US economy is buried under piles of debt. I’ve been asking how this is going to work for months. Apparently, the question has finally occurred to the mainstream. A CNBC article declared, “Fed rate hikes will intensify […]

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By Tyler Durden, “Our energy would simply prevail. There was no point in fighting—on our side or theirs. We had all the momentum; we were riding the crest of a high and beautiful wave. . . . So now, less than five years later, you can go up on a steep hill in Las Vegas […]

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By Tyler Durden, Since being deported from Australia last week, men’s tennis champion Novak Djokovic has returned to Belgrade, where he lives with his family. Having inadvertently (or not) become the locus of the international debate about mandatory vaccinations, Reuters reported that Djokovic and his wife hold a combined 80% stake in Danish biotech firm QuantBioRes, which is working on […]

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By Tyler Durden, Authored by Gail Tverberg via OurFiniteWorld.com, In my view, there are three ways a growing economy can be sustained: With a growing supply of cheap-to-produce energy products, matched to the economy’s energy needs. With growing debt and other indirect promises of future goods and services, such as rising asset prices. With growing […]

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By Tyler Durden, Earlier today we quoted a JPMorgan trader who was wondering if after yesterday’s mid-day swoon, the result of systematic, vol-targeting and CTA strategies unleashing a barrage of sell orders, if today’s action would be similar, to wit: “Let’s see if we can hold pre-market gains throughout the session as yesterday afternoon felt like systematic […]

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