Here are 4 pieces of POSITIVE NEWS that will give you the zoomies!
(A thread)
1/ @coinbase just bought @DeribitOfficial for $2.9B (the largest crypto acquisition in history)
This is Coinbase taking another step towards becoming the ‘everything app’ of investing
But it’s not like they don’t have competition…
2/ EU customers will soon be able to trade US stocks on @RobinhoodApp via the blockchain
Several regulatory challenges have historically prevented Robinhood from offering US stock trading to its EU customers
But weirdly enough…
Thanks to some semi-recent rule changes, blockchain is DECREASING regulatory complexity in this case
3/ @stripe is blurring the lines between stablecoins and fiat
Want to pay an invoice to a bank account using stablecoins?
Stripe lets businesses in 101 countries do exactly that
4/ A US-UK trade deal was just announced
The weird part here is the details of the deal aren’t ground breaking
Hell, they’re kinda ‘meh’
→ The UK makes up only 3% of US trade
→ The 10% tariffs on goods from the UK into the US still remains
→ But hey, at least the threat of 25% tariffs has been put to bed now
…so why is the market pumping on the news?
‘Cause the details don’t matter as much as the certainty of the deal
The market now knows the rules of the game when it comes to US-UK trade, and is finding renewed hope that more deals may be inked in the future
…deals with, say, China? Who knows…
@DTAPCAP might (aka: the macro genius with big glasses and an even bigger brain)
We just sat down with Dan, live, on today’s episode of The Milk Road Show
Click below to watch it now (it’s a certified banger)
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