Some thoughts on the most recent crypto crash with @moreperfectunion.bsky.social

TIL that Polymarket sponsors Matt Yglesias’s Substack.

Sure bitcoin is crashing, but at least we completely separated it from the broader financial system during the Biden administration and those guardrails haven't been taken down at al-- I'm sorry I'm getting some news www.forbes.com/sites/tonyae...

One guy enjoying today? "The O.C." and "Gotham" actor and outspoken/published crypto skeptic @benmckenzie.bsky.social

I wrote about the crypto crash and why this is the worst crypto winter in the industry's history. Sub to the Odd Lots newsletter here www.bloomberg.com/account/news...

There are very few reasons why the crypto crash might slow down, and many why it could speed up.

Thread about why this crypto crash might be “the big one” 🧵

I think it's best for everyone to understand that the unified class project of billionaires right now is to do to white collar workers what globalization and neoliberalism did to blue collar workers.

“If I am killed doing this, throw my body at the White House, martyr the shit out of me & raise hell. Do not be sad. Do not think I would do anything differently. I would do it over & over again — this is too important to sit down & shut up and not do anything.” www.mprnews.org/story/2026/0...

I’m sure Bitcoin’s drop has nothing to do with Epstein’s ties to major crypto industry players. Pure coincidence.

If you bought Bitcoin when Trump was elected and held onto it, congrats, you’ve lost money. But don’t worry, I’m sure the price will go back up. Our President says we have the hottest economy in the world. You can trust him; he’s a convicted frsudster.

Just reposting this article from 2001 for no reason 🍿

I’m sorry but what did libertarians think that the anonymous money laundering racism coin that you could only functionally use for illicit activity was doing other than this, exactly

Oh boy.

Can’t believe they released the Epstein files to cover up for the Melania movie.

🚨 New report alert! 🚨 Our new study for the European Parliament on transnational repression in the EU is live! Co-authored with @zecsaky.bsky.social, @emiledirks.bsky.social, and @alexdukalskis.bsky.social: a great team to work with.

Headline says it all

Excited to share something new I’ve been working on the last few months with @centuryintl.bsky.social: a new democracy meter for the United States. This inaugural edition shows how under the second Trump administration, the US took an authoritarian turn: tcf.org/content/repo...

This is how politics is supposed to be played. Also, it’s a good idea!

No one could have seen this coming www.theverge.com/news/861269/...

abolish ice is the centrist position, the position moderates will take to appeal to the center

Bill Ackman has now confirmed what I first reported yesterday morning, that he donated $10K to the GoFundMe for Jonathan Ross, in a tweet.

As some of us have been pointing out for years!

Excellent, damning analysis of the video of the killing of Ms Good, from the NYT, including a quick debunking of the “evidence” the President showed other Times reporters last night. www.nytimes.com/video/us/100...

Minnesota Public Radio says today marks the first and only shooting and homicide in Minneapolis in the year 2026

My wife is starring in a movie called Greenland 2 opening this weekend and I have to say, the PR dept has done an incredible job

JUST IN: CBS’s Kennedy Center Honors just hit an all-time ratings low. Preliminary Nielsen data shows only ~2.65M viewers tuned in to the Trump-hosted show, down from 4.1M in 2024. A stunning 35% year-over-year collapse.

Things are going great over at X, The Everything App

NEW: Humanitarian officials staged a last-minute plea to Trump officials at their fancy hotel to re-start food aid $ for a huge refugee camp in Kenya. The Trumpers blew it off and babies starved. @annamaria.bsky.social & Brett Murphy www.propublica.org/article/keny...

Do Kwon gets 15 years for crypto crimes, even longer than prosecutors had asked for. from @joelkhalili.bsky.social and @carolinehaskins.bsky.social

MAGAZINER: How many veterans have you deported? NOEM: We haven't deported veterans MAGAZINER: We are now joined on Zoom by a combat veteran you deported to Korea

Eight months ago vs today. 🤡 @atrupar.com @cnbc.com @cbsnews.com

Well said @seancasten.bsky.social

GREAT reporting here, although I admit the headline made me chuckle. “Could Tether do more to stop financial crime?” Well, yes they could stop committing it, for one.

Adding alt text to this because this is fucking amazing and everyone deserves to read it.

Like subprime, but dumber

Crypto Leaders Call For Infusion Of 20 Million Dopes To Stabilize Market

They. Are. Terrified.

I wrote this @thenation.com to keep from howling from my rooftop. "After the DC National Guard Shooting Comes the Big Lie." tinyurl.com/2456cc46

And this is so obnoxious because actual-politics is kind of a fucking layup right now. Your opponents are running a historically corrupt government. Be anti-corruption. Run on fixing the shit they broke, holding assholes accountable, and improving people’s lives. Duh.

New York City helped my mother become the artist she is today. The next generation deserves a City Hall that lifts up tomorrow's artists as well.

“…the President has leveraged his office to make himself a crypto billionaire and…has extended broad protection to fraudsters, scam artists, and other online criminals—who, in turn, repay the President and his family with millions of dollars in tribute.” democrats-judiciary.house.gov/sites/evo-su...

Billionaire Binance founder Changpeng Zhao, pardoned by Donald Trump, has been accused of facilitating millions of dollars’ worth of payments to Hamas in the wake of its attack on Israel on October 7 2023. Zhao also financed the Trump family's entrance into the cryptocurrency market.

Heard of Tether? It's based in El Salvador and makes cryptocurrency. One use of that crypto is to help Russia's war machine, I'm told. Tether is massively profitable. And among its biggest shareholders is a donor to Nigel Farage... www.theguardian.com/politics/202...

“Bitcoin might not have lived up to its promise as a currency, but the underlying blockchain technology shows great promise.” (Someone, circa 2015)

If you're still referring to bitcoin as a currency or a store of value, please see me after class.

Thanks @cnn-news.bsky.social and @jaketapper.bsky.social

What’s the Mamdani/Trump positivity implies is that Trump might actually get along with Democrats if they actually had charisma and the courage of their convictions

Inject it into my veins