Which companies dominate the world? 1. Nestlé – The world's largest producer of food and bottled water, a monopoly. 2. Cargill – The largest privately held company in the United States, a food production monopoly. 3. Johnson & Johnson – The world's largest pharmaceutical manufacturer, a monopoly. 4. Walmart – The world's largest employer, with a vast workforce, manufacturing (Asia), and logistics network, a monopoly. 5. Comcast – Media, parks, the internet (physical internet) – they "control public opinion." A monopoly. 6. State Street – The largest trustee – mutual funds and ETFs under these three banks hold 90% of Wall Street stocks. 7. Vanguard Group – The second largest trustee. 8. BlackRock – The third largest trustee. 9. Saudi Aramco – The world's largest oil company, owned by the Kingdom of Saudi Arabia. 10. Nvidia – A manufacturer of artificial intelligence, cryptocurrencies, and network chips – they are the "weapons supplier" for the AI war, a monopoly.

The Federal Reserve announced it will end quantitative easing (QT) on December 1st. The new federal funds rate is 3.75%-4%, the recommended rate for overnight interbank lending. More noteworthy is the Fed's adjustment to its balance sheet. Quantitative easing (QE) refers to balance sheet expansion (increased liquidity), while quantitative tightening (QT) refers to balance sheet contraction (reduced market liquidity). Since 2022, the Fed has been shrinking its balance sheet, thereby withdrawing liquidity from the market and the banking reserve system. They announced on December 1st that they would stop shrinking their balance sheet, meaning they will maintain a stable balance sheet size of $6.5 trillion. They will inject new funds, but their use will also change. According to the wording in the Fed's policy implementation details released on October 29th, they are sacrificing the housing market. Since its balance sheet will no longer shrink from December 1st, the Fed will reinvest the proceeds from agency securities (two types of securities it holds: mortgage-backed securities and Treasury securities) in short-term Treasury bills. (Short-term Treasury bills) are not new mortgage-backed securities. Powell mentioned this in his speech, but many people did not understand it.

The era of “digital lending” has arrived. The $318 trillion bond market, which is “without any physical backing,” is shifting towards credit instruments backed by Bitcoin. Why? Because it’s safer and offers higher returns. Thanks to @saylor for the terminology.

Net inflows into the $SOL ETF (BSOL and GSOL). @BitwiseInvest @Grayscale

On November 2nd, Eastern Time, Bitcoin spot trading volume was enormous. #Bitcoin

Powell has hinted at quantitative easing—which typically occurs three months after the end of quantitative tightening, specifically December 1st plus 180 days, i.e., March 2026—and large investors and hoarders will likely get ahead, so a typical year-end surge is expected. Just get through November.

Whales and new coin hoarders have two ways to acquire your tokens: - By using market makers to drive down the price, inducing you to panic sell. - By using market makers to drive up the price, inducing you to greedily sell. Both methods are effective. The goal of the game is to acquire your tokens. Hold!

"Solana solves the long-standing issues of scale and speed." — @teddyfuse of Bitwise on the unprecedented demand for Solana ETFs

Latest Release -> Fact Sheet: President Donald J. Trump and China reach agreement on economic and trade relations. This historic agreement includes the following commitments from China: • Cease shipments of precursors used in the manufacture of fentanyl to the United States. • Effectively lift current and proposed export controls by China on rare earth elements and other critical minerals. • Halt retaliatory measures by China against U.S. semiconductor manufacturers and other large U.S. companies. • Open the Chinese market to U.S. soybeans and other agricultural exports.

The Federal Reserve issued $29.4 billion in overnight repurchase agreements. Take a look at this candlestick chart 👀