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Jacob King

@JacobKinge

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@WhaleWire ๐Ÿณ Finance Analyst & Value Investor | Sharing Unbiased and Contrarian Market Insights |

Miami, FL
Joined January 2011
Don't wanna be here? Send us removal request.
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@JacobKinge
Jacob King
25 days
Chart Update: The Bubble Index. ๐Ÿซง We've revamped the old Wall Street bubble phase chart created 17 years ago, bringing it into the modern age. This simple index provides valuable insights into the over a dozen stages of a bubble, a constant presence in markets. Understanding
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@JacobKinge
Jacob King
3 months
Bitcoinโ€™s price is almost entirely dependant on how much Tether is printed out of thin air, and injected into shady unregulated exchanges. Few understand the true value of Bitcoin, which is actually far from than even $3,000. When this goes bust, it will be the greatest loss of
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@JacobKinge
Jacob King
3 months
JUST IN: Another $1,000,000,000 worth of unbacked #Tether $USDT has been printed out of thin air.
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@JacobKinge
Jacob King
3 months
JUST IN: US Treasury Deputy Secretary issues official statement to Senate Banking, Housing, and Urban Affairs Committee, claiming Russia is using #Tether โ€™s $USDT stablecoin to bypass economic sanctions.
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@JacobKinge
Jacob King
3 months
JUST IN: Chinese cement company โ€˜Tianruiโ€™ stock plummets -99.4% in minutes, losing over $1.8 billion. The companyโ€™s owner and their spouse held -72% of the stock, and sold.
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@JacobKinge
Jacob King
3 months
The Bitcoin bear market is just getting started.
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@JacobKinge
Jacob King
1 month
JUST IN: Joe Bidenโ€™s team announces they will begin accepting donations in cryptocurrencies, moments after Donald Trump's campaign announced they will.
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@JacobKinge
Jacob King
3 months
JUST IN: Over $1.2 Billion in #Bitcoin longs have been liquidated over the last 24 hours, amid market decline, setting a new record. The previous record was $879M. Today, more Bitcoin bulls have been liquidated than on any day in the last 15 years. Another reason why buying up
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@JacobKinge
Jacob King
3 months
Unpopular fact: Crypto is just a repeat of the 2000s dot-com bubble, except on LSD. During its rise, millions of companies popped up out of nowhere, claiming billions in value for nothing other than having a $3 domainโ€ฆ Today, millions of shit coins popped up out of nowhere,
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@JacobKinge
Jacob King
2 months
Tether's whitepaper makes several mentions of them going bankrupt and insolvent, yet people still trust them. There isn't a bigger red flag out there...
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Jacob King
2 months
#Tether has thrown shade at #Ripple 's latest stablecoin launch, saying, โ€œWe wish Rippleโ€™s team would have more success with their new stablecoin than they have had so far.โ€ Not only will Tether's comments age like milk, but you can also smell the fear in their statements.
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@JacobKinge
Jacob King
2 months
The #Bitcoin top is in, and will likely never be surpassed again. Few understand this.
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@JacobKinge
Jacob King
2 months
JUST IN: The BlackRock #Bitcoin ETF has just broke its inflow streak, with over -$120M in outflows. This narrative of record institutional demand was false. Weโ€™re now witnessing whales dump historic amounts near all-time highs. The price will soon follow suit, as we soon
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@JacobKinge
Jacob King
2 months
Bitcoin maxis claimed that institutions like BlackRock and JP Morgan invested hundreds of billions into #Bitcoin through the Spot ETFs. In newly released SEC 13F filings, we can see that number barely eclipses $7 million, which is less than 0.0000053% of volume, and ranked
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@JacobKinge
Jacob King
2 months
JUST IN: Nearly all major #Bitcoin ETFs are now facing record high outflows. At one point, the maxi militia called anyone a conspiracy theorist or a scammer if they said the ETFs wouldnโ€™t usher in โ€œtrillions of dollarsโ€ of institutional demand. Bitcoinโ€™s barely holding up
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@JacobKinge
Jacob King
2 months
The Bank of England says that cryptocurrency investors should be prepared to lose all their money. While I agree the risks are high, they should be the last ones to talk.
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@JacobKinge
Jacob King
2 months
Biden is proposing a 44.6% capital gains tax, which would be the highest tax since its creation in 1922. Heโ€™s not the only one, however; Canadaโ€™s Trudeau and a handful of other countries are also following suit. It shows they are worried about the growing debt crisis and are
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@JacobKinge
Jacob King
3 months
Nearly half a billion in #Bitcoin has been transferred out and dumped on Coinbase today. The whales are jumping ship. ๐Ÿณ
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@JacobKinge
Jacob King
3 months
BREAKING: #Bitcoin plunges as over $126 Billion is exited from the market within minutes, as Whales offload bags.
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@JacobKinge
Jacob King
3 months
World War 3 is inevitable. The plunging crypto markets only prove they aren't a safe haven for this. You can still love crypto, but it's not immune to a global crisis, nor is the traditional financial system. I was telling everyone a few days ago this would happen. Gold has
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@JacobKinge
Jacob King
3 months
JUST IN: $563 million liquidated from the crypto market in the past day.
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@JacobKinge
Jacob King
2 months
More #Bitcoin longs have been liquidated in the past week, more than any other week in its history. Wow! Retail swooped in, went all-in at all-time highs, because the media/banks/maxis told them institutions would send us to $100K+ The reality, which is playing out now, is that
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@JacobKinge
Jacob King
2 months
JUST IN: Worldโ€™s largest futures exchange, CME Group is planning to re-launch Bitcoin trading. The last time they did this, Bitcoin plummeted -80% within 8 months.
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@JacobKinge
Jacob King
2 months
Yes, I am crying... laughing ๐Ÿคฃ๐Ÿคก
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@alanknit
Alan Knitowski โˆž/21M
2 months
@WhaleWire Cry harder. You are WRONG. ๐Ÿ˜‚๐Ÿ˜‚
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@JacobKinge
Jacob King
2 months
U.S. HOUSE APPROVES: โ€ข Potential TikTok ban โ€ข $60.8 billion for Ukraine โ€ข $26.4 billion for Israel โ€ข $8 billion for Taiwan It now goes to the Senate.
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@JacobKinge
Jacob King
3 months
Bitcoin's price is dropping after CPI data shows inflation has gone up. Not once in history has rising inflation triggered a rise in Bitcoinโ€™s price. Itโ€™s always inversely correlated, which is not good for BTC if you believe the inflation crisis will worsen, which it will.
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@JacobKinge
Jacob King
2 months
Weโ€™re in the midst of a highly manipulated and inflated mega-bubble, to the likes weโ€™ve never seen before in human history. No one will admit this because it is entirely contrarian, and goes against the narrative the media, governments, and banks are pushing, that everything is
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@JacobKinge
Jacob King
2 months
The Hong Kong-based #Bitcoin ETFs are going live tomorrow, and issuers believe their first day will be larger than the US launch, predicting over $125M on day one. This is going to be the biggest flop to date. Nearly all ETFs are experiencing historic outflows right now, and
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@JacobKinge
Jacob King
2 months
This is who the bulls are betting on ๐Ÿ˜‚
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@JacobKinge
Jacob King
2 months
Now that panic is slowly creeping into the markets again, watch the maxis conversations switch to: โ€œJust zoom out guys, itโ€™s fineโ€ โ€œBuy the dip!โ€ โ€œItโ€™s just a tiny correctionโ€ โ€œKeep holding, banks will save youโ€ โ€œThe ETFs just need a bit more timeโ€ โ€œThe next halving in
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@JacobKinge
Jacob King
2 months
JUST IN: #Bitcoin plunges under $60K support as over $357,000,000 in longs are liquidated within the last 24 hours. The bear market is back. ๐Ÿป๐Ÿฉธ
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@JacobKinge
Jacob King
2 months
Crypto exchanges are like rigged poker games where the dealer can see all of your cards. Excessive day trading (gambling) and using high leverage are quick ways to get rekt. Be careful!
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@JacobKinge
Jacob King
3 months
Ever wonder if the bank just looks through your account and thinks wtf is this person doing.
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@JacobKinge
Jacob King
2 months
Nearly every #Bitcoin commentator said the new HK Bitcoin ETFs would usher in hundreds of millions in inflows from institutions on Day 1. This was a complete failure, and theyโ€™re trying to sweep it under the rug now. The 6 ETFs, got on average $1.8 million eachโ€ฆ That is the
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@JacobKinge
Jacob King
2 months
70% of families lose their wealth by the second generation. 90% of families lose their wealth by the third generation. Money escapes the hands of the financially illiterate. Pass down the financial knowledge. ๐Ÿ’ธ
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@JacobKinge
Jacob King
2 months
JUST IN: New report from Visa and data platform Allium Labs shows that well over 90% of stablecoin transaction volumes ($2.2T) arenโ€™t coming from real users.
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@JacobKinge
Jacob King
2 months
JUST IN: Roger Ver, an early investor in #Bitcoin , has just been indicted by the US Department of Justice for mail fraud, tax evasion and filing false tax returns to avoid paying over $50M in taxes.
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@JacobKinge
Jacob King
3 months
Canโ€™t imagine why lol
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@JacobKinge
Jacob King
28 days
#NVIDIA vs #CISCO Stock Market Bubble. One of my favorite quotes is: "All bubbles are basically ideas that are initially right but eventually taken to excess." - This couldn't be further from the truth. NVIDIA itself is an amazing company, no one is denying this. The topic of
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@JacobKinge
Jacob King
3 months
Play the long term game when it comes to: - Fitness - Investing - Business - Education - Relationships The best "returns" in these areas come from the compounding effect. Play the long term game to yield compounded returns.
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@JacobKinge
Jacob King
2 months
Former Binance CEO Changpeng Zhao sentenced to 4 months in prison for money laundering. What are the chances lmao ๐Ÿคฃ
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@JacobKinge
Jacob King
3 months
Heard a rumor that if you say Nancy Pelosiโ€™s name 3 times in a mirror with the lights turned out she appears and gives you insider informationโ€ฆ
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@JacobKinge
Jacob King
2 months
Spot #Bitcoin ย ETFs saw -$344 million net withdrawals in April. The ETF narrative is over.
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@JacobKinge
Jacob King
28 days
JUST IN: European Central Bank cuts interest rate by 0.25% to 3.75% despite inflation rising last month. Canada also cut rates by 0.25% yesterday. Itโ€™s happening.
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@JacobKinge
Jacob King
2 months
JUST IN: CRYPTO MARKETS DROP AFTER HONG KONG #BITCOIN ETF RECORDS LOW DEMAND. The 6 Hong Kong ETFs drastically missed market expectations on the first day of trading, with a combined trading volume of only $11 million, a tiny fraction of the $125 million many expected.
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@JacobKinge
Jacob King
2 months
The amount of times scammers offer to pay me thousands of dollars to shill or promote their scams is ridiculously high. And every single time, I accept the money, and then ghost them. Scamming a scammer is a service to the people, and a main reason why scammers are so triggered
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@JacobKinge
Jacob King
2 months
Donโ€™t waste your time arguing about whoโ€™s right or wrong. Focus on getting results, reality will be the judge.
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@JacobKinge
Jacob King
2 months
JUST IN: Federal Reserve Chair Jerome Powell has tested positive for COVID-19 yesterday.
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@JacobKinge
Jacob King
3 months
Since exactly 3 years ago from today, #Bitcoin has only risen by a measly 6.3%, still lower than nearly every major stock index and asset class worldwide. 92.7% of the rise we've seen in the last 12 months has been attributed to record-breaking Tether money market manipulation
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@JacobKinge
Jacob King
3 months
Like most, I support financial regulations, especially on the crypto space. Itโ€™s needed, humans are inherently greedy, which breeds fraud and hurts the consumers. But I will say, the SEC is easily one of the most incompetent and corrupt regulators worldwide. Theyโ€™ve yet to
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@JacobKinge
Jacob King
2 months
JUST IN: US SEC expected to deny spot #Ethereum ETFs next month.
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@JacobKinge
Jacob King
2 months
Every painful experience is an opportunity to learn. They should be seen as feedback. Without them, you would never progress. Shift your mindset!
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@JacobKinge
Jacob King
3 months
JUST IN: U.S. inflation surges to 3.5%, hotter than expected.
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@JacobKinge
Jacob King
2 months
Capo is bullish. ๐Ÿ‚ ๐Ÿ˜… I am more bearish than ever.
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@JacobKinge
Jacob King
1 month
By the time I turn 67, over $550,000 will have been forcibly paid into my Social Security and pension plan. If I had invested that amount with an average annual return of 5%, it would have grown to over $3.6 million. The annual interest alone would be over $179,850. In
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@JacobKinge
Jacob King
2 months
JUST IN: US Department of Justice Apprehends Prominent #Bitcoin Mixer Samourai Wallet Founders and CEO, Accused of Money Laundering.
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@JacobKinge
Jacob King
2 months
Unrealized profits arenโ€™t profits. Millions of traders thought they became โ€œrichโ€ during the Dot Com Bubble, but that didnโ€™t last forever. 99% of those companies became worthless after the bubble popped, and those who didnโ€™t occasionally secure profits, lost everything. It
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@JacobKinge
Jacob King
3 months
Whether you're bullish or bearish on the markets, it's important to understand that there's so much value in hearing both sides. Markets never work by permanently punishing one side and rewarding the other; cycles exist.
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@JacobKinge
Jacob King
1 month
Google spent $73+ billion on having โ€œground breaking AI technologyโ€ improve their search results. This is the result ๐Ÿคฃ
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@JacobKinge
Jacob King
2 months
Nancy Pelosi has made over $20,000,000+ this year so far. Thatโ€™s around $1,100,000+ per week. Is she the greatest trader of all time?
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Jacob King
3 months
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Jacob King
2 months
The number of times friends or family have asked me whether they should buy into stocks now, with prices hovering around all-time highs, is alarming. The majority of retail investors currently in the market bought in at these highs. The markets have become so inflated that
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@JacobKinge
Jacob King
2 months
Elon Musk once said: โ€œMost people will panic to find a charger before their phone dies. But wonโ€™t panic to find a plan before their dream dies.โ€ Couldnโ€™t agree more! Dreams require urgency to become reality. Bookmark this so you remember!
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@JacobKinge
Jacob King
1 month
#Bitcoin plunging on news that the Ethereum $ETH Spot ETF was just approved doesnโ€™t surprise me at all. $BTC maxis argued the spot ETFs were special for BTC, and proof that Wall Street wants in! In reality, Wall Street will soon launch ETFs for all major cryptos, in an effort
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@JacobKinge
Jacob King
1 month
The World's first Screenless Laptop! Thoughts? ๐Ÿ‘€
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@JacobKinge
Jacob King
3 months
OMG, Jerome Powell emailed me!! I just sent him all my bank details!!!
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@JacobKinge
Jacob King
2 months
๐Ÿ“‰ BREAKING: New Hong Kong #Bitcoin ETFs Disappoint Speculators With Low Demand The highly anticipated launch of Bitcoin Exchange-Traded Funds (ETFs) in Hong Kong fell short of expectations, leaving speculators underwhelmed. Despite projections of $125M in Day 1 Volume, it saw
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@JacobKinge
Jacob King
10 days
Get ready for billions in #Bitcoin selling volume. This will undoubtedly help facilitate the next bear market. Criminal market manipulation enterprise, Tether, barely has enough juice to sustain the markets today, let alone with this record sell off!
@WhaleWire
WhaleWire
10 days
JUST IN: #Bitcoin plunges over 5% amid confirmation that Bankrupt Mt. Gox will begin $9 billion BTCย repayments in July.
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@JacobKinge
Jacob King
1 month
Fun Fact: If you spend $1 million everyday, it will take you over 2,740 years to reach $1 trillion spent. The U.S. national debt is now at a whopping $34.7 trillion and rising by $1 trillion every 100 days. Politicians are as addicted to spending as a drug addict is to their
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@JacobKinge
Jacob King
1 month
China has seen its largest bank withdrawals in history last month, just under 4 trillion yuan ($550B USD). You know what that meansโ€ฆ start a war with Taiwan to distract everyone from the historic banking crisis!
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@JacobKinge
Jacob King
9 days
He never failsโ€ฆ
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Jacob King
1 month
China is dumping its U.S. treasury holdings and increasing its gold reserves, at its fastest rate in history. Chinaโ€™s U.S. treasury holdings: - March 2021: $1.1 trillion - March 2022: $1.0 trillion - March 2023: $869 billion - March 2024: $767 billion Chinaโ€™s gold reserves: -
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@JacobKinge
Jacob King
2 months
Exactly as predicted. ๐Ÿณ The narrative of โ€œinstitutional demandโ€ is simply made-up and non existent. Few will admit this, but the entire rise of BTC over the last few months has been caused by Tether injecting record amounts of fake money into the markets.
@JacobKinge
Jacob King
2 months
The Hong Kong-based #Bitcoin ETFs are going live tomorrow, and issuers believe their first day will be larger than the US launch, predicting over $125M on day one. This is going to be the biggest flop to date. Nearly all ETFs are experiencing historic outflows right now, and
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@JacobKinge
Jacob King
21 days
The good old daysโ€ฆ
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@JacobKinge
Jacob King
2 months
JUST: Biden Administration announces plans to set harsh tariffs on Chinese EVs.
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@JacobKinge
Jacob King
9 days
NVIDIA has now plunged over -16%โ€ฆ Just the beginning! ๐Ÿฉธ
@JacobKinge
Jacob King
28 days
#NVIDIA vs #CISCO Stock Market Bubble. One of my favorite quotes is: "All bubbles are basically ideas that are initially right but eventually taken to excess." - This couldn't be further from the truth. NVIDIA itself is an amazing company, no one is denying this. The topic of
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Jacob King
2 months
JUST IN: SEC delays decision and opens comment period on whether or not to allow options trading on spot #Bitcoin ย ETFs.
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@JacobKinge
Jacob King
20 days
Everyone suddenly loves you once you are rich and influential. Your true friends are those who helped you succeed when you had nothing.
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@JacobKinge
Jacob King
29 days
#Nvidia CEO Jensen Huang signing a fan's bra isnโ€™t something I ever imagined to see.
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@JacobKinge
Jacob King
2 months
Despite the obvious overvaluation of GameStop and AMC, and the inevitable crash like last time, trading them is like a game of musical chairs. You donโ€™t want to be holding when the stocks top out and crashes to oblivion, nor do you want to be shorting when it's skyrocketing to
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@JacobKinge
Jacob King
1 month
Donald Trump's presidential campaign is now accepting crypto donations, including Bitcoin, Ethereum, XRP, Doge, Shiba, and others.
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@JacobKinge
Jacob King
13 days
Never in the entire existence of the stock market has more dumb money been invested into stocks and assets than now. And weโ€™re all all-time highs. I've had dozens of friends and family members tell me they've just bought NVIDIA stock at the peak because they believe "it will go
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@JacobKinge
Jacob King
1 month
If you ever need a little confidence boost just remember you can always play rock paper scissors with chatgpt
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@JacobKinge
Jacob King
21 days
Tesla $TSLA shareholders have voted to reapprove Elon Musk's $56 Billion 2018 compensation package! This is a major win for @ElonMusk !
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@JacobKinge
Jacob King
3 months
JUST IN: Trump Media shares are plunging over -17.6% after company files to issue additional $DJT stock.
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@JacobKinge
Jacob King
1 month
#GameStop $GME shares are up over 94%+ in pre-market trading after RoaringKitty reveals $116M position. Fuck it, Iโ€™m having popcorn for breakfast. Itโ€™s going to be an eventful day and this is all so entertaining!
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@JacobKinge
Jacob King
2 months
@elonmusk DogeCoin tweets incomingโ€ฆ 3โ€ฆ 2โ€ฆ.1โ€ฆ.
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Jacob King
15 days
FUN FACT: #Nvidia is now the highest-valued company in the world and has a market cap greater than the GDPs of 96.4% of countries on Earth.
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@JacobKinge
Jacob King
26 days
According to new data, #MicroStrategy faces the largest net short position % of any crypto company. There are currently over $6.9 billion in shorts, constituting 23.14% of its market cap. Wow! MicroStrategy ( $MSTR ): 23.14% Riot Platforms Inc. ( $RIOT ): 17.44% Canaan ( $CAN
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@JacobKinge
Jacob King
2 months
JUST IN: WeWork rejects Ex-CEO Adam Neumannโ€™s $650M bid to purchase the company, reaches bankruptcy deal with creditors.
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@JacobKinge
Jacob King
25 days
You don't win the game by obsessively looking at charts. That's what the 99% do. And guess what? The 99% fail.
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@JacobKinge
Jacob King
2 months
Wishing a Happy Mother's Day to all the amazing moms out there! ๐Ÿ‹๐Ÿ’™ #HappyMothersDay
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Jacob King
2 months
@GaryGensler Bear signal
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@JacobKinge
Jacob King
23 days
Multiple Senators are now calling on the FED to cut interest rates immediately, citing the recent cuts from Canada, Sweden, Switzerland, Hungary, etc... Late last year, we wrote an article about interest rate cuts and why they are a major signal we're about to enter a recession.
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@JacobKinge
Jacob King
1 month
#Nvidia is single handedly carrying the entire stock market. ๐Ÿ“ˆ ๐Ÿซง ๐Ÿ’ฅ
@WhaleWire
WhaleWire
1 month
JUST IN: Nvidia ( $NVDA ) has closed the day at new all-time highs, reaching $1,064.69
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@JacobKinge
Jacob King
2 months
@unusual_whales Sorry Bitcoin Maxis... ๐Ÿ˜ช You need a brain in the first place to implant a chip...
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@JacobKinge
Jacob King
27 days
Government data claims the labor market is strong with over 272,000 new jobs. In reality, most of these are people taking extra part-time jobs due to rising costs. The household survey shows the opposite of the government's "strong labor market" image theyโ€™re trying to create
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@JacobKinge
Jacob King
1 month
Inflation has had a much larger impact on the economy than many realize. Itโ€™s not 2-4% or whatever fake numbers the governments claim. Our financial system is bloated with free money. It will eventually get to a point where everyone will feel the effects of this crisis, not
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Jacob King
1 month
Canada's standard of living is now on track for worst decline in 40 years. It's very sad to watch this once amazing country spiral and slowly become a third world country. This is a direct consequence of failed policies from the federal gov.
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@JacobKinge
Jacob King
2 months
@pitic123 Iโ€™m thinking of doing a giveaway soon, actually. Love giving back to the community.
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