🧐 Is Donald Trump Bearish For Crypto?

The Trump admin is pushing crypto, but not everyone's a fan of it.

Happy Friday!

Donald Trump and crypto have grown pretty close, but is that really a good thing? A new report thinks it may be a risky relationship.

Jim Chanos, the legendary short seller, is short again: he shorted MSTR but longed BTC — what is his rationale?

Plus, every Friday, five overlooked stocks land on our ‘Whisper Index’.’ Like Coinbase before it surged 245% higher. And the biotech breakthrough Insmed before it jumped 20% in a single month. Beat Wall Street to these hidden gems.

TOP STORY

The cryptocurrency industry’s increasingly close alignment with President Donald Trump and the Republican Party has put its future at the mercy of American electoral cycles, raising concerns about political overreach, regulatory uncertainty and reputational damage.

Over the past six months, the industry has entrenched itself in U.S. political life, with top crypto firms among the largest political donors and Trump-aligned officials and family members holding major crypto investments.

How could this liaison between the Trump administration and the crypto industry become dangerous?

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Every Friday, five overlooked stocks land on our ‘Whisper Index’.’ Like Coinbase before it surged 245% higher. And the biotech breakthrough Insmed before it jumped 20% in a single month. Beat Wall Street to these hidden gems.

QUICK N DIRTY

Wisconsin has sold its Bitcoin bought via the BlackRock Bitcoin ETF: how much did the state make?

Strategy stock has become a darling of U.S. pension funds: 14 funds already hold MSTR — here are the biggest investors.

FINTECH FOCUS

Veteran short seller Jim Chanos on Thursday revealed a strategic arbitrage trade: long Bitcoin, short Strategy.

His position targets what he described as a widening and unjustified premium on MicroStrategy’s stock relative to its Bitcoin holdings.

"We’re buying Bitcoin, selling MicroStrategy stock—an arbitrage play, buying for $1, selling for $2.50," Chanos said during the talk.

What is Chanos’ rationale for this trade?

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