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.

Yoni Crypto

🇺🇸 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%.

Yoni Crypto

🇨🇳 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.

Yoni Crypto

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. 🔥

Yoni Crypto

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.”

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Tesla has added an extra shift because Cybertruck orders are piling up faster than the company can build them, Elon Musk says. The move comes ahead of plans to repurpose the production line for Cybercab expansion around June or July 2027. Seems the Cybertruck queue isn’t shrinking just yet.

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$3 trillion was wiped off the stock market in a single day. President Donald Trump blamed the election results for the losses and vowed the US would return “bigger and stronger than ever before.”

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Vitalik Buterin says $ETH should be a store of value, not just a token that burns fees. Its real strength, he argues, lies in decentralization and stability. Fee burning can take a back seat.

Yoni Crypto

NVIDIA’s board has opened an independent investigation into reports that CEO Jensen Huang was targeted by a foreign intelligence operation.

For now, the board says it has no reason to believe national security or company secrets were compromised. The investigation is underway, and the facts are still being checked.

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Could very little be getting in or out of Iran? President Trump says Task Force Iron Gate is now “in full force,” alongside what he calls a historic naval blockade.

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🇺🇸 Binance, Tether and crypto firms linked to Trump have until January 4, 2027 to comply with Senator Blumenthal’s investigations or potentially face enforcement action. The deadline comes as the probes continue, leaving the firms plenty of time to mark their calendars.

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Could a market swing $650 billion in just six minutes? 🚨

After futures opened following news about Jensen Huang, the stock market shed an implied $300 billion in one minute. But six minutes later, S&P 500 futures turned green, adding back $350 billion, according to The Kobeissi Letter.

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🔥 In August, the US M2 money supply increased by $113 billion, reaching a record $23.41 trillion.

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How can tokenized stocks offer an edge when news breaks over the weekend? CZ points to their 24/7 trading, which lets investors react while traditional markets are closed.

Yoni Crypto

Which could shake crypto more this week: inflation data or Fed speakers?

The key events are October CPI on Tuesday, OPEC’s monthly report on Wednesday, initial jobless claims and October existing home sales on Thursday, and October PPI on Friday.

Also on the calendar: 17 Fed speaker events.

Yoni Crypto

What enables Coinbase to expand its banking operations nationwide? The U.S. Office of the Comptroller of the Currency has granted the company a full national trust bank charter. 🇺🇸

Yoni Crypto