Ellison Guilty To Fraud, China Crashing Housing Market, Twitter adds BTC & ETH price indexes

The Daily Leo #165

Dec 22

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Caroline Ellison Pleads Guilty To Fraud, Agrees To Cooperate With The DOJ

Caroline Ellison has screwed Bankman-Fried one final time by rolling on him, and "turning states" in his criminal prosecution, who commingled and stole the client money in his FTX exchange to fund a series of terrible crypto bets at his personal hedge fund Alameda, fund tens of millions in donations to democrats and...

China is Intentionally Crashing Housing Market

Dallas-based hedge fund manager Kyle Bass is predicting big economic issues for China throughout 2023, stemming from an overleveraged financial system, collapsing property market, and unsustainable birth rates. China, a nation accustomed to greater than 7 percent real GDP growth for the past...

Worldwide BTC adoption countries peak search interest

Worldwide adoption of Bitcoin started with countries resisting the control of their centralized fiat currencies. Nigeria, El Salvador, Ghana, and more have witnessed a growing trend for “How to buy Bitcoin” Google searches for over five years now despite some hiccups. Bitcoin, the largest cryptocurrency, has had an exciting journey since...

Twitter adds BTC and ETH price indexes to search function

Twitter has added a new crypto feature that enables users to search the price of Bitcoin and Ether simply by typing their names or tickers into the search tab. This feature was announced by the Twitter Business account on Dec. 21, noting that whenever one tweets the symbol of...

Bitcoin Is Leading Indicator for S&P 500, Past Data Show

Traditional market investors looking for hints of a potential bearish-to-bullish trend change in U.S. stocks should keep a close eye on bitcoin. "BTC tends to lead major stock market bottoms by at least six weeks, and History shows that, on average, BTC has topped ~48 days and bottomed ~10 days before the SPX" - Delphi's strategists wrote in a 2023 preview sent to clients...

Pro-Crypto US Senator Introduces Stablecoin Trust Act

Pro-crypto U.S. Senator Pat Toomey has left a parting gift for Congress before he retires. He filed the “Stablecoin Transparency of Reserves and Uniform Safe Transactions Act of 2022,” also known as the “Stablecoin TRUST Act of 2022.”, advocating for progressive legislation that does not stifle fintech innovation or send crypto companies overseas...

Help Me Launch My Next Book, Web3 Social

I’m pleased to announce I’m getting closer to launching my book Web3 Social: How Creators Are Changing the World Wide Web (And You Can Too!) every day. Instead of my usual Web3 fare today, I’m going to issue an invitation for you to join my book launch team...

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