Happy Wednesday!

Ethereum may or may not go up, but Tom Lee’s bull thesis is “financially illiterate.” Who said that and what did he mean?

Peter Schiff is once again hammering Bitcoin — and this time he may have a point: here’s how gold keeps outperforming digital gold.

Plus, if you’re interested in upping your gold and silver trading game while they’re hitting all-time highs with increasing volatility, check out our free live session tonight.

TOP STORY

Tom Lee’s Ethereum Bull Thesis Slammed As 'Financially Illiterate'

Ethereum is down 10% over the past month, raising questions about its near-term upside and the validity of Tom Lee's lofty upside targets.

Mechanism Capital founder Andrew Kang argued on X that Lee’s Ethereum thesis is deeply flawed and "financially illiterate."

What arguments exactly underpin Kang’s rebuttal?

Read the full scoop here.

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Gold and silver are hitting all-time highs, and volatility is only increasing. Matt Maley has been trading these moves for big wins, and tonight, he’ll share the strategies he’s using so you can take advantage of the next setup fueled by metals momentum.

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QUICK N DIRTY

Bitcoin, Ethereum, Dogecoin, XRP are slowly creeping out of their bear hideouts, although it’s too early to celebrate: here’s what’s driving the market today.

Elizabeth Warren has no love lost for Donald Trump’s crypto czar David Sacks: here’s why she wants to investigate him (and what for).

Mike Novogratz says Bitcoin’s next move may depend on Trump’s pick for Fed Chair. Trump has said he has a few favorites — here’s how Polymarket traders rank them.

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FINTECH FOCUS

Peter Schiff Says Bitcoin Down 20% In Gold Since Its Record High — Gets Told To Go Look At A 5-Year Chart

Economist Peter Schiff said Tuesday that Bitcoin was in a bear market and has failed to live up to its “hype” as “Digital Gold.”

In an X post, Schiff pointed out that, when priced in gold, Bitcoin is trading 20% below its highs set in August.

“Bitcoin is not living up to its hype,” he said. “Since Bitcoin is promoted as being digital gold, being down 20% in gold is more significant than being down 10% in dollars.”

Does Schiff have a point here?

Read the full scoop here. 

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