Greg

@bespokeinvest Wow! What's the intrinsic value? Oh yeah, zero.

Bitcoin carnage continues. If you bought the iShares Bitcoin ETF $IBIT at the 4 PM ET close on Election Day 2024 in anticipation of potential DC tailwinds, you're currently down 6%:

@garyblack00 There's also the fact that it's completely worthless.

Bitcoin has now fallen -47% since its $125.3K high last Oct 6th to today’s $65.9K. We expect this to continue reflecting a combination of macro forces, deleveraging, and shifting risk-off sentiment creating a prolonged correction similar to 2022. Key contributing factors include: - Deleveraging and Liquidations: High futures open interest led to cascading liquidations when prices dropped. Billions in long positions were wiped out in waves, This amplified downside moves far beyond what fundamentals alone would suggest, as forced selling created thin liquidity and negative momentum. - Geopolitical and Macro Risk-Off Sentiment: Tensions involving Iran drove oil prices higher, stoked inflation fears, and pushed investors toward safe havens like gold, which surged while BTC fell. This coincided with a stronger U.S. dollar, hawkish Federal Reserve signals and rising Treasury yields. Risk assets, including BTC and tech stocks suffered as capital rotated out to safer havens. - ETF Outflows and Institutional De-Risking: After fueling the 2025 rally, spot Bitcoin ETFs saw significant net outflows reflecting profit-taking, drawdown thresholds, and reduced risk appetite amid volatility. This contrasted with earlier inflows and institutional support. Once the Iran war ends, these dynamics could reverse, and Bitcoin could surge as speculators resume risk-on positions. That said, interest rates will likely fall with the war’s end, causing investors to chase tech stocks and other long duration assets with quantifiable intrinsic values. After the 2021-2023 Bitcoin drawdown of -75% from $66.1K in Nov 2021 to $15.6K in Nov 2022 following Russia’s invasion of Ukraine, it took Bitcoin two and a half years (until March 2024) to fully recover its losses. We could see something similar play out here if sentiment continues to deteriorate.

@globepolitics Yet the Liberal-appointed Governor General and the Prime Minister of Canada himself can't speak French. What a stupid, pathetic country.

Carney says Air Canada CEO showed a lack of compassion with English-only condolence message over crash theglobeandmail.com/politics/artic…

@globeandmail Yet the Liberal-appointed Governor General and the Prime Minister of Canada himself can't speak French. What a stupid, pathetic country.

Air Canada CEO’s English-only message after fatal crash lacked compassion, Carney says theglobeandmail.com/business/artic…

@globeandmail Note all the pointless bullshit that Canada does and do the opposite.

Opinion: In Finland, the secret to finding happiness is to not try theglobeandmail.com/opinion/articl…

If I fits, I sits.. 😅

@nationalpost What a pathetic, broken country.

Canada’s immigration department only conducted 4,057 investigations in a two-year period of potential fraudulent cases nationalpost.com/news/only-a-fr…

Between 2013-2015, Canada ranked 6th for happiest country Today, we rank 25th

@Open1Eyemerica @washingtonpost lol

@washingtonpost Trump is just showing how the system works while he fights to make it BETTER. If he can vote by mail from D.C., it’s proof we need the SAVE Act to make sure every ballot is legit

President Trump, who is in the midst of pressuring senators to curb the use of mail-in voting, voted by mail ballot in Tuesday’s special election in Palm Beach County, Florida. wapo.st/47fVUwf

“When Carney warns that ‘a country that can’t feed itself, fuel itself or defend itself has few options,’ he is inadvertently indicting his own government’s legacy.” 2 million food bank visits per month. The fourth largest oil reserves with nowhere to go. “A gaping hole in NORAD's Northern flank.” Canada needs to have the ambitions of a major and rising power. Instead, we're left with a government stuck in middling thinking; on the way to decline. @nagystephen1 macdonaldlaurier.ca/carneys-middle…

@PlayRoadCraft Can you get Kelly to explain?

Still have lots of questions about the #RoadCraft Reclaim Expansion? 🤔 Let’s go over the content together!

@YahooFinance Good. Crypto is useless.

Adding: “I think the housing bill is dead. I think the crypto bill is dead. The Save America Act is dead. The Pentagon's need for 200 billion, then, is sort of the last man standing.”

"The $200 billion war supplemental that the Defense Department has requested is very possibly going to be the last proactive piece of legislation President Trump passes in his entire second term," Veda Partners' @HenriettaVeda says.

@YahooFinance @DaveErnsberger No shit.

Oil could reach $200 to $250 a barrel; however, “all-time record high crude oil prices can easily turn into all-time record high prices at the pump,” S&P Global energy president @DaveErnsberger told Yahoo Finance at the CERAWeek conference.

⚠️BREAKING: *S&P 500 FUTURES JUMP 2% AFTER TRUMP COMMENTS ON IRAN STRIKES

@annmarie TRIPLE WITCHING!

Trump looks to de-escalate: "I AM PLEASE TO REPORT THAT THE UNITED STATES OF AMERICA, AND THE COUNTRY OF IRAN, HAVE HAD, OVER THE LAST TWO DAYS, VERY GOOD AND PRODUCTIVE CONVERSATIONS REGARDING A COMPLETE AND TOTAL RESOLUTION OF OUR HOSTILITIES IN THE MIDDLE EAST. BASED ON THE TENOR AND TONE OF THESE IN DEPTH, DETAILED, AND CONSTRUCTIVE CONVERSATIONS, WITCH WILL CONTINUE THROUGHOUT THE WEEK, I HAVE INSTRUCTED THE DEPARTMENT OF WAR TO POSTPONE ANY AND ALL MILITARY STRIKES AGAINST IRANIAN POWER PLANTS AND ENERGY INFRASTRUCTURE FOR A FIVE DAY PERIOD, SUBJECT TO THE SUCCESS OF THE ONGOING MEETINGS AND DISCUSSIONS. THANK YOU FOR YOUR ATTENTION TO THIS MATTER! PRESIDENT DONALD J. TRUMP"

@JesseCohenInv Looks like his family must have bought.

🚨BREAKING: US STOCK FUTURES SURGE AFTER TRUMP SIGNALS END TO WAR We are so back! 🚀

@JesseCohenInv Because it's all completely worthless? Created from nothing, does nothing and worth nothing. An investment for clowns.

Why are Bitcoin and Ethereum down?

@androidcentral If you're still using 3 buttons for navigation, losing valuable screen real estate, you must not know how to change it or that gestures even exist.

(1/2) Gesture navigation seems to be the way to go, but how many of you prefer 3-button navigation on your Android phones? Let us know which one you use in our latest poll

@nationalpost In 2015, Canada was consistently among the top 5 happiest nations in the world; as of the report released March 19, 2026, it has fallen to 25th place. I guess all those other countries don't have social media, including the USA, who is in 23rd place, above Canada.

Canada falls in the World Happiness rankings and social media is to blame nationalpost.com/news/canada/ca…

@globeandmail The concept that justice is blind in Canada is laughingly incorrect.

Opinion: The Supreme Court will rule on Bill 21. Canada’s future may well hang in the balance theglobeandmail.com/opinion/articl…