A new SEC chairman is named Today. so the Trump team bought on the close yesterday. MTG probably made another killing playing shorts with inside info. They cashed out at the end of the day. They wait for their leader to tell them when he is going to drive the market down next. Then when it is low, they will short the market again. This new Trump lackey will make sure the game stays fixed. Giving him the job brought the market up.
Trump picks crypto backer Paul Atkins as new Securities and Exchange Commission chair.
The American people never asked for crypto and I for one think it is a really fucking bad idea. There is substantial evidence showing that in areas where gambling is legal, young men suffer from gambling-related debt and addictions.
Not everyone has a brain and we should not be creating social institutions that prey on the ignorance of the stupid. Particularly when the social institution is nothing more than a new way to gamble. Crypto will contribute nothing but pain to the social corpus.
Crypto serves absolutely no social need. Zero, nada, nothing.