Jacob King
@JacobKinge
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CEO of @SwanDesk 🦢 Financial Analyst - Sharing Unbiased and Contrarian Market Insights
Joined January 2011
Apple, in my view, has already reached its apex. Within the next five years, it is likely to be surpassed. At present, Apple dominates the global smartphone market and holds an extraordinary position of influence. Yet beneath that surface of success lies clear stagnation. Its
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Mikomic now has a built-in high-quality image generator. Generate any type of image (without censorship of any kind), and add it to your comic strips, download them, etc.
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i feel like this thing barks and meows at the same time 😭😭
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You can tell Bitcoin is destined to fail by how obsessed its community is with the price rather than any real utility. It’s been over 16 years, and still, nobody uses it for anything meaningful. Bitcoin serves no practical purpose beyond speculative gambling. Compare that to
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When I first got into Bitcoin in 2010, I was its #1 fan. It was supposed to be decentralized, self-custodied, free from whales and manipulation, and beyond government control. Now, it’s a government-backed reserve asset. Self-custody has been replaced by ETFs, its price is
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JUST IN: US bank reserves fall below $2.8 trillion, lowest level since 2020
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JUST IN: There's now a 61% chance #Bitcoin will dip below $100K before 2026, according to Polymarket.
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JUST IN: $973M in cryptocurrency long positions wiped out in the last 24 hours amid market sell-off.
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JUST IN: JP Morgan CEO Jamie Dimon admits he was wrong and crypto is “Real.”
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Moody’s says the private credit & banking systems are perfectly “sound.” In 2007, right before the Great Recession, they also rated nearly 45,000 mortgage-related securities as triple-A. By 2010, 73% had been downgraded to junk. Oof! They were wrong then. They’re wrong now.
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JUST IN: Jim Cramer flips bullish on Nvidia $NVDA after it tops a $5 trillion market value, urging investors to “own it, don’t trade it.”
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JUST IN: Nvidia is now worth more than: 🇨🇦 2 Canadas 🇮🇸 166 Icelands 🇩🇪 A Germany and a half 🏦 All U.S. regional banks combined 💰 The world’s billionaires, 3× over 🏈 The entire NFL, 35 times 🍕 Every pizza sold in history 🛍️ Every item on Amazon 💳 Visa + Mastercard + PayPal
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BREAKING: Nvidia is officially the world's first $5 trillion company
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BREAKING: Tether, which has never been audited, claims to hold $135 billion in US Treasuries, ranking it as the world’s 17th largest holder. That’s ahead of South Korea, Saudi Arabia, the UAE, and Germany.
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JUST IN: Zohran Mamdani’s odds of winning the NYC mayoral election have DROPPED from 96% to 88% in the last 24 hours, an 8-point decline, while Andrew Cuomo’s chances have surged from 3.5% to 12%. This marks the largest % shift since Mamdani first took the lead in this race
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JUST IN: Polymarket is set to launch in the U.S. within weeks, focusing on sports after capturing the majority share of the global prediction market, according to Bloomberg.
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JUST IN: PayPal $PYPL shares jump 14% in pre-market trading after striking a deal with OpenAI to integrate payments into ChatGPT, adding over $13 billion in market value.
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The crypto and finance world is split. On one side, media funded by Bitcoin maxis spread false, misleading, hopium-fueled narratives to lure more sheep into the peak of the bubble. On the other, mainstream outlets are FUD factories that ignore real innovation, legitimate
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