Avatar
Hak-Kun Hyun Baek ⚡
27217093e83ec6289df7562811e01af5f7966870b88fad9169e7bf10c434fdda
Interested in economics, politics and cryptocurrencies. hakkunhyunbaek@walletofsatoshi.com ₿mildlylingo92@phoenixwallet.me

📊 Key Events This Week:

1. Existing Home Sales data - Wednesday

2. Initial Jobless Claims data - Thursday

3. New Home Sales data - Thursday

4. September Durable Goods Orders - Friday

5. MI Consumer Sentiment data - Friday

6. ~15% of S&P 500 companies report earnings

Stay tuned for market moves! 📈

#Economy #Finance #SP500 #BreakingNews

JUST IN: 🇧🇷 Brazil's President Lula da Silva cancels trip to BRICS summit after suffering a corto-contuso injury in the occipital region. Medical bulletin is being closely monitored. 🤕

#Brazil #Lula #BRICS #BreakingNews

🚨 Urgent: The Iranian Foreign Minister has declared that the country has a complete list of targets ready to strike the moment Israel decides to attack Iran. He also hinted that if Iran's nuclear facilities are hit, Iran will retaliate by targeting Israel's Dimona nuclear facility.

This statement marks a significant escalation in tensions between the two nations, which have historically clashed over nuclear issues and regional influence. The threats underline the heightened risk of direct confrontation and severe implications for Middle East security.

#Iran #Israel #Tensions #Nuclear

🇨🇦 Toronto's first Black female police superintendent, Stacy Clarke, has been demoted after admitting to helping Black officers cheat to secure promotions. During a hearing, Clarke confessed to taking photos of confidential interview questions and sending them to six Black police officers vying for sergeant positions.

She justified her actions by claiming it was a "desperate effort to level the playing field," as she felt those officers were not given a fair chance in the promotion process. Clarke mentioned her personal experiences of racial inequality as contributing to her decision.

#TorontoPolice #StacyClarke #PoliceMisconduct #RacialInequality

🇮🇷🇮🇱 Israeli Minister Makhlouf Zohar made a strong statement accusing Iran of attempting to assassinate Prime Minister Netanyahu via their Lebanese proxy, Hezbollah. He declared this a "red line" and warned that Iran will face severe consequences, stating that the fall of Iran’s regime is closer than ever.

Israeli media reports that Hezbollah’s Deputy Secretary-General, Sheikh Naim Qassem, fled to Iran, fearing Israeli retaliation. This comes amidst increased tensions in the region, especially with Iran's involvement through proxies in Lebanon and Gaza.

The situation continues to escalate, with Israel directly pointing fingers at Iran for its role in destabilizing the region.

#Iran #Israel #Hezbollah #Netanyahu #ProxyWar

🇺🇸🇮🇱 Second US THAAD air defense system reportedly arrives in Israel amid rising tensions with Iran

The United States has deployed a second THAAD (Terminal High Altitude Area Defense) air defense system in Israel, primarily in response to the growing threat from Iran. Tensions have escalated due to Iran's military activities in the region and its continued support for proxy forces like Hezbollah. The THAAD system, capable of intercepting ballistic missiles, offers an additional layer of defense against potential Iranian missile strikes, which are viewed as one of the most significant threats to Israel's national security.

This move is part of broader defensive measures aimed at countering Iran's expanding influence and military capabilities in the region.

#THAAD #Israel #Iran #Defense #US

Probabilities of Trump's victory vs $BTC price 📈🚀

Get ready, a Trump victory will only accelerate a historic Bitcoin rally that was inevitable anyway. The question remains, how high will we go? 🤔

Now, with the possibility of a crypto-friendly President, what will happen to Gary? Kkkkk 🔴

#Bitcoin #Trump #Crypto #GaryGensler #BTC #CryptoPresident

PM Joana Cotar of Germany 🇩🇪: "If the US buys #Bitcoin as a strategic reserve, I believe all European countries will experience FOMO" 👀

#Bitcoin #Crypto #Germany

🚨🚨 JUST IN: The European Central Bank (ECB) has argued in a new paper that the perpetually rising price of #Bitcoin 💰 would primarily benefit early adopters, rather than serve the broader market.

The ECB claims that Bitcoin has shifted from its original purpose as a peer-to-peer cash system to becoming a speculative asset, with gains favoring those who got in early.

What nonsense from this central bank. Seriously, does anyone believe that starting with the euro early makes people rich? 🤔 Bitcoin is the real solution to escape this disgusting and increasingly unfair system.

Do you think an average worker today can afford to buy a house or a car like in the 1990s or early 2000s? No way. Look at how desperate these useless bureaucrats are becoming. BTC is here to stay, and anyone can buy it. If you haven’t yet, there’s still time! The price is ridiculously low right now.

#ECB #Crypto #SpeculativeAsset #Bitcoin

🔥 LATEST: US #Bitcoin💰 ETFs have surpassed $20 billion in inflows within their first year, roughly 10 times higher than Gold ETFs during their first year.

#BitcoinETF #Crypto #BTC #DigitalAssets #Investing #CryptoMarket #GoldETF #FinancialMarkets

🗞 Bitwise CIO predicts Bitcoin surge to over $100k amid ETF boom and whale accumulation

Matt Hougan, CIO of Bitwise, forecasts that Bitcoin will reach six figures soon. His analysis points to increased inflows into Bitcoin ETFs, along with whale accumulation, as institutional interest in digital assets rises. This surge, according to Hougan, is driven by investor enthusiasm and a favorable market environment for Bitcoin's growth.

#Bitcoin #Crypto #BTC #ETF #InstitutionalInvesting #WhaleAccumulation #Bitwise #DigitalAssets #CryptoMarket

🗞 The large premium of MicroStrategy's stock for bitcoin holdings is defended by an analyst as "smart leverage"

The growing premium at which business intelligence company and corporate bitcoin holder MicroStrategy (ticker: MSTR) trades compared to its net asset value (NAV) is not something to fear, according to Benchmark. Currently at 2.3x, the premium reached a three-year high of 2.7x earlier this month, sparking debates among observers who argued the stock should align more closely with the company's bitcoin holdings.

#MicroStrategy #Bitcoin #MSTR #Finance #Benchmark #Crypto #StockMarket #Leverage

🇺🇸 DeFi can complement centralized financial systems, says Christopher Waller of the Federal Reserve

Decentralized finance (DeFi) can complement, but not replace, centralized financial sectors, according to Christopher Waller, a Federal Reserve governor. He pointed out that financial intermediation will still be necessary, despite technological advances. Waller made these remarks at the 19th Annual Macroeconomics Workshop in Vienna, emphasizing that technological progress can drive efficiency gains in finance.

#DeFi #FinTech #FederalReserve #ChristopherWaller #Finance #Cryptocurrency #Blockchain

BREAKING: 🇺🇸 SEC has approved NYSE options trading and contracts for the spot Bitcoin $BTC ETFs.

Those who haven't bought must be crazy. The blow will be big. No other cycle has been like this! 💥🚀

#Bitcoin #BTC #SEC #NYSE #ETFs #Crypto #Market #Finance #Blockchain

NEW 🇮🇪: Ireland’s Crime Bureau can't access $378M in #Bitcoin💰 'seized' in 2020 because they don't have the private keys! 🤣

🇺🇸🧐 Betting on Polymarket raises concerns about market manipulation in the 2024 presidential election. Rumors suggest five whales, led by Fredi9999, have invested millions of dollars in Donald Trump, heavily influencing the odds.

🔹 Fredi9999 reportedly bet over $20,000,000.

🔹 Each major bet by the whales significantly increases Trump’s winning chances on the platform.

#Elections2024 #Trump #Manipulation #Polymarket #Betting #Nostr

📊 European Market Close:

European indices ended mixed after the European Central Bank (ECB) cut rates for the third time this year.

🇪🇺 STOXX 600: 524.88 (+0.19%)

🇬🇧 FTSE 100: 8,358.62 (-0.32%)

🇩🇪 DAX 30: 19,662.75 (+0.38%)

🇫🇷 CAC 40: 7,613.05 (+0.39%)

🇮🇹 FTSE MIB: 35,203.00 (+0.47%)

🇪🇸 IBEX 35: 11,923.00 (+0.16%)

🛢 Oil Prices:

WTI: -2.05%, $69.22

Brent: -1.87%, $73.06

📊 Other Markets:

🇧🇷 Ibovespa: 130,499.26 (-0.22%)

🇺🇸 S&P 500: 5,864.69 (+0.40%)

🇺🇸 Nasdaq: 18,489.55 (+0.63%)

🇺🇸 Dow Jones: 43,275.91 (+0.08%)