Could billionaires’ fortunes use a little less rocket fuel? Senator Bernie Sanders is calling for a $20 federal minimum wage and a tax on billionaire wealth.

His case: US billionaires’ wealth grew from $1.27 trillion in 2009 to $9.15 trillion in 2026.

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🇺🇸 J.D. Vance is currently leading Kalshi’s odds for the 2028 Republican nomination, with 33%. Marco Rubio follows at 20%, while Ron DeSantis stands at 17%.

On the Democratic side, Jon Ossoff is out front at 25%. Alexandria Ocasio-Cortez is next with 13%, just ahead of Gavin Newsom at 12%.

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🇨🇳 US Treasury Secretary Scott Bessent called on China to honor its trade commitments immediately, citing concerns about recent Chinese actions after talks with Vice Premier He Lifeng.

Yoni Crypto

Nearly $1.5 billion was added to $BTC open interest during the recent selloff, according to Glassnode. As prices fell, traders continued to build leveraged positions.

Yoni Crypto

🇺🇸 The average period of unemployment in the US reached 27.1 weeks in October, its longest outside the pandemic since 2016. The rise means 2 million people have been jobless for at least six months.

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The US Treasury has sanctioned 8 Canadian money-service firms over alleged crypto transactions linked to Iran. It also offered up to $20 million for information on Iran’s nuclear program - a hefty reward for a very serious subject.

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Berkshire Hathaway shares climbed more than 5% this week, while the S&P 500 slid 2.7% and the Nasdaq fell 3.4%. Investors moved away from tech stocks tied to AI, helping Berkshire outperform the broader market. 🔥

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Could the U.S. blockade extend beyond the sea? The United States is expanding it with a task force aimed at disrupting Iran’s ground transport. 🇺🇸🇮🇷

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Could Democrats’ alleged threats lead to an investigation? President Trump says he has directed the DOJ to look into claims that Democrats threatened Republican officials, donors and supporters.

“This is extortion at the highest level, and they should be held accountable for this.”

Yoni Crypto