🤡 GOP Probes Gensler’s Vanished SEC Texts: Was It Clumsiness or a Crypto Conspiracy? 🚀

According to the letter, these intrepid lawmakers are teaming up with the SEC’s Office of Inspector General (OIG) to unravel this mystery. Why? Because nothing says “productive use of taxpayer money” like digging through the digital graveyard of a former SEC Chair’s smartphone. The OIG, bless their hearts, already released a report on September 3, titled “Special Review: Avoidable Errors Led to the Loss of Former SEC Chair Gary Gensler’s Text Message.” Avoidable errors, you say? Sounds like someone’s IT department was napping on the job-or perhaps they were just practicing their disappearing act for the circus.

French Central Bank’s Deficit: The “Perfect Storm” for Bitcoin’s Rise, According to Arthur Hayes

Bitcoin surge

For those of you who haven’t been keeping track, the Banque de France (BdF) recently announced that it had lost a cool 7.7 billion euros in the fiscal year 2024, largely thanks to sky-high interest payments that made their net interest income plummet like a lead balloon. If you’re wondering what caused such a disastrous turn, just take a look at France’s government deficit-now a staggering 168 billion euros, which is 5.8% of their GDP. What’s the EU’s limit on that, you ask? A modest 3%. So, yeah, it’s not looking great. 😬

Is Bitcoin’s Comeback the Greatest Show on Earth? 🎪💸

They trumpet, from their lofty towers on the interwebs known as X, the virtues of their mystical rung on the ladder of certainty-the so-called “Aggregated Impulse Signal.” Whenever this curious creature returns to zero, it heralds an end to the carnival madness of selling, and ushers in the sweet music of upward spirals. 📈 Oh, what a spectacle to behold!