Bitcoin BOOMING in crypto comeback

Financial institutions line up behind BTC ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Don't look now, but Bitcoin is making a comeback. Just a few days ago, my colleague Mr. X [predicted that Bitcoin would hit $30,000 before the end of this year](. It might not take that long. As of this writing, BTC is above $28,800. This is the first time it has hit $28,000 since May. Even as the SEC cracks down on crypto exchanges, BTC itself is gaining greater signs of acceptance from the mainstream financial sector. BlackRock filed for a Bitcoin ETF. This is a big deal because BlackRock is the largest asset manager in the world. WisdomTree just announced it is following suit, starting its own Bitcoin ETF. Fidelity (the third largest asset manager) is reportedly planning its own move in crypto. Grayscale Bitcoin Trust is nearing 2023 highs based on all this momentum. Inflation around the world is still a real threat. And even in the heart of the empire, I can't help but think there are some major questions being raised about the federal deficit. (I mean, they just announced they found billions of dollars in an "accounting error" that they can use to help Ukraine. A worthy cause perhaps, but this money has to be coming from somewhere.) At some point, America will be asked to pay its debt. It won't be today. It won't be tomorrow. It won't be anytime soon. But eventually, that day will come. Bitcoin, already acceptable as a mainstream means of exchange in several countries (and an official currency in El Salvador), may be the last thing standing. At least until they roll out the Central Bank Digital Currency everyone is afraid of. (With reason). A revolution is on the way. But the only way to be ready for it... is to build your wealth and power now. That's what we want to do. Keep Moving, Corey Snyder Publisher, Rogue Investing WORD ON THE STREET Hunter Biden Takes A Plea - Powell To Speak To Congress - Fedwatchers, to the televisions. Federal Reserve Chairman Jerome Powell will begin testimony to Congress beginning today. The Fed recently paused interest rate increases, but gave no clear sign about whether another rate hike is forthcoming. A rate decrease has been all but ruled out. - President's Son Pleas Out To Misdemeanors - It wasn't exactly the political earthquake some Republicans were hoping for. Hunter Biden has reached an agreement with the U.S. attorney for Delaware to plea out to two federal misdemeanor counts of failing to pay taxes. He is also facing a (felony) gun charge, but has reached an agreement for it to be dismissed if it meets certain conditions. He will reportedly serve no jail time. Hunter Biden (pictured here with his father) has plagued his father's campaign, but may have just put the issue to bed - Corporate America Gears Up For Modi Meeting - Some of America's most important business leaders will be attending a White House state dinner this week, including the CEOs of Apple, Google, Microsoft and Fedex. The guest of honor - Indian Prime Minister Narendra Modi. It will be the first state dinner for India at the White House in its history. - China's Economy Stumbling - Markets worldwide declined yesterday, and the subpar economy in China is to blame. China announced only a small interest rate reduction, disappointing observers who were hoping for more stimulus from Beijing. HOT SPOTS: What's Going on in Geopolitics - Pentagon: Oh My, Who Left These Billions Of Dollars Lying Around? - Good news for Kyiv. The Powers That Be took another look at the accounting error that freed up an extra $3 billion in aid for Ukraine, and wouldn't you know it, it was wrong again. It is actually $6.2 billion (they say). This paves the way for more military aid as Ukraine wages a counteroffensive. But about that... - Ukraine Pauses Counteroffensive - The pro-Ukraine Institute for the Study of War says Kyiv may be pausing its counteroffensive as it takes a fresh look at tactics. While Ukraine has liberated a few villages, it has not punched through any major prepared Russian defenses. However, the ISW notes that Ukraine "does not appear to have launched its main effort." - Ukraine Reconstruction Bill Set At More Than $411 Billion - That will take more than a Pentagon accounting error. The Ukraine Recovery Conference is raising the total bill for the reconstruction effort of Ukraine, as the cost is increasing because of continuing fighting. Prime Minister Rishi Sunak is reportedly preparing to announced $3 billion in guarantees from the World Bank. Only more than $408 billion to go! Bank collapses, corporate bankruptcies and more. Silicon Valley is being gutted and completely reshaped. Learn how one trigger could be the key to witnessing hundreds of triple digit wins in the aftermath of [The Tech Reckoning.]( CUTTING EDGE: What[']( Happening In Tech - Military On Patrol For Mean Tweets - The U.S. Army Protective Services Battalion is searching the Internet for mean tweets against America's top military leaders, whom its duty is to protect. The unit not only protects top generals from physical threats, but also from "embarrassment," and a procurement document cites efforts to search social media, including Twitter, Reddit, and even 4chan. - Another Company Joins Tesla's Charging Standard - Rivian is adopting Tesla's EV charging standard. Elon Musk's company is now a dominant force in the market, already boasting the largest network in the USA and recently striking deals with General Motors, Ford, and even the state of Texas. - Gates, Bezos, Ma Help Launching AI Mining Company - KoBold Metals is the newest AI unicorn, reaching $1 billion in market cap after a $200 million fundraising round. Breakthrough Energy Ventures, a venture capital firm backed by Bill Gates which invests on behalf of moguls including Jeff Bezos and Jack Ma, was among those who assisted. The company uses machine learning to look for metal deposits, especially lithium, cobalt, copper, and nickel - all of which are needed for EVs FOR YOUR CONSIDERATION --------------------------------------------------------------- "Dice Therapeutics (DICE) was up more than 37% yesterday and kept most of the gains after-hours." A blockbuster pharmaceutical deal rocked the market yesterday. What's at stake - and what does the future hold for the companies involved? 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