FT crypto watch Nov 7

FT crypto watch Nov 7


Crypto people, we love you!! Y'all make the day wonderful just by being in it!!  & joining us with the explorers at the unknown world of the Publish0x!! 

So, mad dogs and Englishmen, we go out in the noonday sun of the FT to change the fabric of  crypto news one chitpost at at TIME people!!! 

Today!!  It's Monday, ha ha ner ner Morningstar, print our cryptos!!!bf35f8034550bf46598e5d089ed6a208b0c37ea8d776308cfd7339b5bd9cf229.pngHey lookit that SUNDAY BEST price action!! That's funny.  We thought they would go with Sunday.  They say that's a Friday Nov 4th print? ETH went out Friday night up another point from there, lol!! OK we see.  BTC prints at 28025, that must be around 5PM Friday.  Cuz if it was SUNDAY it would have been hundreds higher, lol!! 

Yes yes baby!! Crypto winter is ovah!!!     Annnnnd that's all the crypto that fits in print today.  Really??  Really. 

Inflation news:  the 100 best paid execs in the EU all got 25% raises this year, ain't that sweet?  It's funny, Informa had a shareholder rebellion against paying three million pounds to CEO Lord Stevie Carter.   At least make the Laird not use the title at work!! 

Censorship funnies:  Sir Gavin MP texted the party whip, whinging about getting effed over.  NOW he IS getting effed over!! Funny / not funny at all. What did Rishi know and when did he know it!!  WHO FREAKING CARES shuffle them deck chairs on the Titanic. 

ONLINE then?  Thin gruel: 

TLDR:  It's groundhog day once again, deja vu ALL over!! After destroying a vibrant financial hub, including crypto, now maybe HK will let a little back in.  Who cares?  This time the story is a rehash from Ignites Asia, the FT purchase.  6d624032ad9f5f05a1cd778bcdfa791b3d01cdedf5f779532a88061b58847bd6.pngSO it dives deeply into reading the tea leaves about finger to the left, finger to the right, who cares REALLY!!  Arrrggh!!! Remember when Andy Partridge was busy going nuts in XTC?  sure ya do it sounded like this: TLDR:  Same old story we already barfed on, lol!! Limited ETF's coming back from the Chi-town Merch. Yawn.  

FT anti-crypto bingo, led by guest star, Julia of the HK SEC, the SFC.  Guardrails ? Check. It's STILL all for professional investors, master / serf, big/little people?  Check. Restrictions are prudent? check. Safeguards? check. Sing is cracking down?  Check (sic) -  not in the FT, Sing is dishing more licenses regularly. 

No bingo yet, and look, real news!  Oz launched retail ETFs this year in May.  Fidelity offers exchange traded, actual bitcoin backed (yay) exchange traded product!!  Just last week in hong kong!!! 

OH WAIT back to anti-crypto bingo!!  Luna, Terra rehash! check. Three arrows!  check! Market cap down from 3 trillion to one trillion CHECK!!  Global regulators are all fired up to reghammer MORE!!!  BINGOOOOOOOO!!!  Thash ten shots hic!!!  Well, net the 0z and Fidelity news, eight shots, that's plenty tho. 

The REAL story:  be happy, little retail people!! After crushing the industry, Julia might let y'all legally have a tiny bit o crypto!!! Ya know, real soon now!!! WHO CARES!!??!??!   good on Fidelity tho!! 

OK, it's clear the FT doesn't want us here.  Which makes us want to stay cuz not bright.  But let's run instead yeah!!! 

Peace out, love

Dave

please refer a friend! ambassador link: https://www.publish0x.com?a=WZdPKv2bKg

 

 

 

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Dave Sawyer
Dave Sawyer

National Merit got this punk rocker to Oberlin, and Wall Street fintech gave up world tours and an NYU MBA. I am a Bitcoin true believer. Bitcoin is deeply revolutionary in a way we always prayed tech would be. Keep the baby Faith!


FT WATCH - the Financial Times on Crypto!!!
FT WATCH - the Financial Times on Crypto!!!

The WSJ turned into USA today - which leaves the FT at the top of the heap for serious financial news! Join us for a semi-serious monitoring of the FUD & hate the FT now showers on crypto. Dear readers know we love that pink newspaper but boy howdy does the FT despise crypto--- it's funny. The old guard always fights the new guard. The FT does it eruditely, with misleading comments, fun graphs, and outright lies (usually) attributed to crypto's greatest enemies!

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