Officially it’s called a “Guaranteed Basic Income” pilot. Unofficially it’s the “We-really-do-need-to-look-busy-before-the-next-election-spectacular”, starring 20 Maryland households with between two to five children who range in age from ankle-biters to full-blown teenagers-scientists still can’t decide which demographic consumes more cereal and Wi-Fi.
In a thread on X (formerly known as Twitter, for those living under a rock), Bessent proclaims that this endeavor is nothing less than the fulfillment of President Donald Trump’s grandiose vision: to make America the “Bitcoin superpower of the world.” 🦅✨ One can almost hear the trumpets blaring as the nation marches toward this glittering, pixelated destiny.
The recent engagement between Intel’s leadership and the White House has drawn significant attention. Following public calls for the resignation of CEO Lip-Bu Tan over alleged ties to foreign governments, the meeting reportedly concluded on a positive note. Official statements described Tan’s narrative as compelling, though specifics remain undisclosed.
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So, Spark (SPK) has dropped to $0.082. This is its lowest point since July 29, plummeting 55% since its historic peak in July. Market capitalization is currently praying for a miracle, down to $127 million from a somewhat more optimistic $188 million. As Bridget would say: “Sad face.”
However, the intervening months have rewritten this narrative.
All week long, Democrats have been performing their favorite opera: “Cavalleria Crypto-cana.” The libretto features Senator Warren’s soprano shrieks, Sanders’ gravelly bass, and AOC’s agile coloratura-plus a chorus of lesser-known tenors who discovered yesterday that their voters actually care about digital coins. 🎭
Dogecoin (DOGE) is at $0.23, down 4% today but up 2% this week. Basically, it’s having a mid-life crisis. Meanwhile, the crypto market liquidated $1 billion. Thanks, PPI data! You’re the life of the party. 🎉💔 DOGE lost 290,500 coins in the sell-off. Ouch. But hey, it’s not you, it’s the Fed.
Taiwan Semiconductor Manufacturing (TSM) is not merely a company. It is a celestial forge, where silicon wafers are transformed into the lifeblood of modern civilization. From smartphones to data centers, TSMC’s chips are the unsung heroes of an age where even toasters have opinions. Gartner, that paragon of earthly wisdom, notes that 80% of generative AI spending this year will be on hardware. In other words, if AI is the cake, TSMC is the oven-and the flour, and the recipe, and the person who forgot to turn off the oven timer.
As Bitcoin [BTC] keeps doing its rollercoaster act, Asian companies are auditioning for their own opera-some boldly belt out, others just walk off stage, waving goodbye. And with forecasts flying around like confetti, who knows what’s real anymore? 🎭
