🏆🤖Bitcoin’s Future is Crystal Clear After Trump’s Win

THE PROFITS💸

Good morning Opportunists. In this edition, we dive into the shifting tides: Bitcoin’s future looks promising post-Trump victory, with market enthusiasm high. Meanwhile, BRICS has surprisingly scaled back its original de-dollarization plans. Plus, a huge thank you to our incredible sponsor for making this insight-packed newsletter possible!

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Trending US and Global News Today

Bitcoin’s Future is Crystal Clear After Trump’s Win

Bernstein's call to "buy everything" in crypto marks a shift as Wall Street embraces digital assets, bolstered by Trump's pro-crypto stance and easing regulations. With $3 trillion in market cap near reach and major support from figures like Elon Musk and Howard Lutnick, the industry is gearing up for a bull run, despite long-standing risks of volatility and speculative bubbles. [Source]

BRICS Backtracks from their Original Plans

The BRICS bloc has officially abandoned its plan for a single trade currency, marking a shift from its previous de-dollarization goals. Russian President Vladimir Putin confirmed that BRICS is no longer focused on moving away from the U.S. dollar, a reversal likely influenced by Trump’s 2024 election victory and expected return to the White House. [Source]

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Science and Technology

Robot Muscles: South Korean researchers at UNIST have developed a groundbreaking artificial muscle that’s both skin-soft and exceptionally strong. Using a blend of magnetic particles and shape memory polymers, this muscle adapts stiffness up to 2,700 times, lifts weights up to 1,000 times its own, and responds quickly to magnetic fields—promising major advances in robotics, wearables, and medical tech. [Source]

China’s Mars Rover: China's Zhurong rover has uncovered features on Mars that suggest an ancient ocean once covered part of the planet, potentially marking an ancient shoreline near its landing site. While the findings support theories of a Martian ocean formed billions of years ago, some scientists remain cautious, noting that wind erosion could have altered evidence over time. [Source]

Bitcoin Surge: Bitcoin is back in a bull market, with investor Michaël van de Poppe predicting it could hit $1 million in a few years—though he warns this might coincide with a broader debt crisis. He believes Trump’s presidency could temporarily boost Bitcoin, but longer-term impacts remain uncertain as debt and inflation concerns grow. [Source]

SpaceX, Apple, and Globalstar: Apple’s $1.5 billion deal with Globalstar includes a 20% stake and funding for a new satellite network, with SpaceX set to launch these satellites in 2025. The agreement boosts Apple’s satellite-based iPhone features and allows Globalstar to expand its MSS network while retiring debt and investing in new infrastructure. [Source]

Business & Markets

Writer becomes the AI for Enterprises: Writer has raised $200 million at a $1.9 billion valuation to expand its enterprise AI platform, bringing total funding to $326 million. Backed by investors like Salesforce, Adobe, and IBM Ventures, Writer aims to enhance its AI capabilities for complex, secure enterprise tasks, with clients including Mars, Qualcomm, and Uber already on board. [Source]

JPMorgan Chase Bank: JPMorgan Chase has withheld a $331 monthly pension from Elaine Silverberg, widow of a former employee, for over 13 years, citing incomplete paperwork from before the 1984 Retirement Equity Act. Despite pleas from Elaine, now 73, and support from officials, the bank insists it cannot pay without proper documentation, leaving her to battle bureaucratic technicalities for what she believes her husband’s work rightfully earned. [Source]

Elon Musk's Net Worth Explained: Tesla CEO Elon Musk’s net worth, estimated between $308 billion and $335 billion, recently surged with Tesla’s stock gains following Trump’s reelection. Musk’s wealth is driven by stakes in Tesla, SpaceX, social media platform X, and AI firm xAI, along with investments in ventures like The Boring Company and Neuralink. His support for Trump, including a $118 million donation, has positioned Musk as a prominent figure in tech and politics.

Key Details (6 Bullet Points)

• Tesla Gains: Tesla stock rises boosted Musk’s wealth by $20 billion, with his 13% stake worth over $100 billion.

• SpaceX Growth: Musk’s 42% stake in SpaceX, valued at $210 billion, reinforces his wealth, alongside the Starlink internet service.

• Social Media Platform X: Musk rebranded Twitter as X, now valued at $9.4 billion; he holds a 79% stake.

• Artificial Intelligence: Musk’s AI company xAI, co-founded in 2023, is estimated at $40 billion, with Musk holding 60%.

• Political Influence: Musk has actively supported Trump’s campaign, contributing $118 million to America PAC.

• Broad Ventures: Investments in The Boring Company and Neuralink, the latter valued at $8 billion, showcase Musk’s reach across tech industries.