Crypto Longs Launch into Orbit
360: New Jersey UFO's, Trump buys $LINK, PPI is Hot
Well we did it again. Enjoy that slutty lunch today you earned it.
I don’t highlight this to sound like some Indonesian forex guru, but we’re all here to win and make money. I’m not special — I just choose to present the information to you all in a distilled and no bullshit manner. Our 27,000+ readers take that in, make of it what they want, and then make decisions based on the whole picture.
To restate the goal of Arbitrage Andy, Arb Letter, Risk On, and my other online endeavors: I am looking to bring you guys the best information, in a straight forward manner, that is absent of any fluff or slant. Humor is a part of that of course, but I prefer to get my people the good stuff — the takes, commentary, and data that will end up being impactful in their everyday lives.
This hasn’t always been popular as I detest the corporate politically correct tele-tubby approach that much of legacy media, other figures, and content takes, but I think the mood is shifting as people begin to realize the lack of seriousness that that approach encapsulates.
It’s very often all feels and emotion and not logic or pragmatism.
We’ve paid for that with reach throttling and shadowbanning that persists to this day but Arb Letter and Risk On have been excellent counters to these games to spread awareness and grow the community.
So far on the crypto front lots of you are killing it. Congratulations, seriously. There’s much more to come on the horizon.
Last night news spread fast on X that Trump's World Liberty DeFi project was buying $LINK, $AAVE, and $ETH — there were some fairly large buys showing up on World Liberty Financial’s wallets. This comes after World Liberty’s announcement in November on X:
We're excited to announce that we are adopting the Chainlink standard for onchain data and cross-chain connectivity as a secure way to bring DeFi into the next stage of mass adoption.
This is huge for LINK marines who have been in the trenches for years.
Trump himself said this morning at the New York Stock Exchange to our good friend Jim Cramer: “We are going to do something great with Crypto."
The stars are aligning for those of us in this space.
After PLTR 0.00%↑ in equities and LINK $AVAX $PEPE along with some broader calls covered on the direction of the crypto cycle, Arb Letter’s track record is speaking for itself.
People are making some solid fucking money boys, you have real estate in Manhattan in 1800. You have a piece of something that is going to catch some insane bids in the coming months.
Today’s post is free for all 27,000+ Arb Letter subs but really want to emphasize if you guys want the best information, guides, and commentary on crypto, markets, and what’s going on the world — consider upgrading to paid. THAT is where the bulk of alpha and money is being made on the crypto front and where our predictions related to politics and international affairs have an accurate track record.
You can ask any paid sub — the strategies and picks pay for that subscription 1000x over. The 360+ post archive has all the receipts you need. We’ve seen a large surge in folks moving over given the nature of the crypto bull market and how fast things are progressing.
Let’s start with a review of the stock market and crypto as a whole today and then we can move into the details on the international front. We will also recap the situation in New Jersey concerning drones and UFOs as there were new sightings last night and nobody has any answers which is leading the public to come up with some wild theories on what exactly is in our skies.
Stock Market & Crypto
Over the past two days, U.S. stock markets have shown mixed results influenced by corporate updates and economic data.
On December 10, all major indexes, including the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite, saw declines of around 0.3%, marking a rare consecutive loss for the S&P 500. Oracle shares fell significantly after reporting slower-than-expected growth, while Alphabet’s stock rose sharply on the announcement of its new quantum computing chip.
The following day, December 11, markets rebounded, with the S&P 500 gaining 0.8% and nearing its all-time high. The Nasdaq Composite surged by 1.8%, surpassing the 20,000 mark for the first time, driven by strong performance in technology stocks.
However, the Dow Jones Industrial Average slipped slightly, falling 0.2%. Notable stock movements included TSLA 0.00%↑ Tesla reaching record highs on reports of a new affordable electric vehicle and Broadcom rising on news of a partnership with Apple for AI chips. Meanwhile, Walgreens Boots Alliance shares declined following a substantial rise the previous day.
Economic data also played a role in shaping market sentiment. The November Consumer Price Index (CPI) increased by 0.3%, aligning with expectations, with annual core inflation reaching 3.3%. These figures have heightened market anticipation of a potential interest rate cut by the Federal Reserve at its upcoming meeting. Remember guys inflation is transitory.
Overall, the market remains a balance of optimism from corporate growth and caution ahead of key economic decisions.
PPI inflation rose to 3.0%, above expectations of 2.6%
Trump will be the first President to ring the NYSE opening bell since Ronald Reagan
Corporate executive stock sales have hit an all time high (Financial Times/Unusual Whales)
The CPI report this week showed another month of stubborn0 inflation data that met most economists' expectations and likely indicates a Federal Reserve interest rate cut next week.
Supercore inflation jumped 4.3% year-over-year in November, remaining above 4.0% for almost the entire 2024. Supercore inflation is a key metric followed by the Fed, calculated as core services less housing inflation (Kobeissi Letter)
Bitcoin ETFs surpass 500,000 BTC in cumulative net inflows (Bitcoin Magazine)
Quick note on crypto and reminder for folks who might be new here.
You can get $50 of free Bitcoin with this Gemini Exchange sign up link when you trade $500. Gemini is my preferred exchange for my on exchange crypto allocation and I haven’t had issues like Coinbase (people are reporting transaction and holds on their accounts).
Most of us in the Arbitrage Andy Discord are having some solid success trading Solana and other meme coins — we had multiple 5X+ plays yesterday. We are using Bullx to trade as it has much better capability, order fills, and tools than just using Phantom.
You can sign up for BullX here. Takes like 20 seconds, just link it to telegram.
Let’s talk about alts I am buying and looking to add for 2025.
AAVE, LINK, SUSHI, DOT, 0x0 (I will be buying some of this today), INJ and similar projects/tokens are going to continue to climb in this bull cycle. Cardano and Ripple are likely going higher as more retail enters the market. While I personally won’t be throwing a ton of money at these, I do think we could see some silly pumps from both of them as the market progresses. You need to do your own research to determine which alts you want to concentrate your bets on.
LINK as of now is a no brainer. The partnerships are accelerating, awareness is spreading, and you have big whales beginning to buy up supply. My personal feeling is that we are going to 1.5X the last ATH at least ($52ish dollars). $100+ is not out of the question if the RWA narrative picks up due to institutional involvement and beneficial initiatives from the Trump administration. Long term this is a core holding for me betting on the institutional adoption of blockchains and crypto.
Small side note — MATIC, MANA, SAND are others that had their moment in previous cycles but I haven’t researched them much this time around. Maybe they do see another pop. GRT and FIL have been doing okay. Governance and AI tokens seem to be getting a lot of chatter online right now as well.
As previously covered, my allocation to these core alts is roughly 30% of my total portfolio, I prefer to keep the majority of my money in BTC then ETH. It helps to anchor my portfolio and makes me sleep better at night. I suspect that alts are going to have an insane 2025. If you don’t have a lot of capital and you’re new or green in crypto, this is where you will be able to find some good multiples. Memes are riskier obviously, but the blue chip memes like PEPE, FLOKI, GIGA, POPCAT, DOGE etc. are likely going higher into the blow off top that we will see sometime next year.
There are countless crypto posts in the Arb Letter archive for those wanting to get up to speed or confirm how some of my calls have played out. I also cover security, cold storage, and apps that I use regularly.
Make Money This Bull Cycle
Trading & Printing On Meme Coins
World News
President Biden went on an insane bender of pardons and clemency — the largest in US history this week.
Today, I’m pardoning 39 people with non-violent crimes who have demonstrated remorse and rehabilitation, and I’m commuting the sentences of nearly 1,500 others – many of whom would have received lower sentences today.
Wonder if the FBI director will get one of those nice little pardons before Kash Patel comes in to clean up shop……
More than 300 vials of deadly virus samples have gone missing from an Australian lab in what’s being called a significant biosecurity breach. Pandemic 2.0 inbound?
Israeli airstrikes killed 28 in Gaza, including children, following a UN resolution for a ceasefire. Over 44,800 Palestinians have died since the conflict began in October 2023.
Bashar al-Assad fled to Russia as rebel forces seized Damascus, ending a decade-long civil war but creating a power vacuum with intensified global military actions.
Ontario Premier Doug Ford is threatening to cut off fuel to the United States if Trump tariffs Canada lmao
Countries are asserting control over critical minerals like lithium, with China banning key exports to the U.S. amidst tensions over supply chains for the energy transition.
The UN General Assembly is overwhelmingly calling for a ceasefire and condemned Israel’s restrictions recently on the UN agency for Palestinian refugees.
Trump Named TIME’s Person of the Year: President-elect Trump earned the title after securing another term, promoting an aggressive "America First" agenda and overcoming legal battles.
What is going on in New Jersey?
The new episode of Risk On is all about UFO/UAPs, the history of this topic dating back to 1947, and the latest on government disclosures about this phenomenon, if you’re looking to go down the rabbit hole today check it out.
But a quick recap.
We’ve got reports of drones/unknown craft in the skies over New Jersey. NJ Governor Phil Murphy has been asking for federal help, the FBI testified this week that they don't know what these are, and as of yesterday — Congressman Jeff Van Drew went on Fox news claiming through confidential sources that there is an Iranian Mothership off the eastern seaboard deploying these drones.
The Pentagon quickly denied this video hours later and we still have no answers. More sightings took place last night as people posted videos to X showing mysterious craft in the air — some with lights and some without.
Dawn Fantasia, a NJ Assemblywoman — put together what I consider the best thread online so far about what is going on in New Jersey.
After visiting the New Jersey State Police HQ yesterday she put together the following notes on what we know as of now (shortened version) you can view the whole thread HERE.
Overview of the Issue:
First Sightings: Reported on 11/18, with sightings occurring every night since then, from dusk until 11 PM (6–7 hours).
Frequency: Reports range from 4 to 180 sightings per night.
Investigation and Response
1. Agencies Involved:
FBI: Designated as the lead agency for investigations.
New Jersey State Police (NJSP): Coordinates with the FBI on follow-ups.
Office of Homeland Security and Preparedness (OHSP): Provides training and situational awareness.
U.S. Coast Guard: Involved in determining steps under their jurisdiction (details not disclosed).
3. Detection Challenges:
NJSP deployed helicopters over Raritan Bay but could not detect drones, even with infrared cameras.
Current radio frequencies do not pick up drone signals.
Col. Callahan expressed concerns about potential danger, leading to a halt in helicopter deployments.
Description:
Large drones (up to 6 ft in diameter).
Operate in a coordinated manner.
Lights are turned off, making them difficult to detect.
Appear to avoid detection by traditional methods (e.g., helicopters, radio frequencies).
Not identified as hobbyist drones or related to DHS.
Key Concerns
Unknown Origins: Authorities do not know where these drones take off or land.
Capabilities: Drones maintain flight for extended periods (6–7 hours) and over distances of 15 miles, raising questions about their technology and intent.
— Dawn Fantasia, a NJ Assemblywoman X
As I said on Risk on I think there are three primary theories or explanations that make sense here — the first is that these are our own craft. They are high tech military craft, maybe they are being tested by those super high up in government or intelligence agencies and obviously they aren’t going to tell us that. This has been going on for years and years so it’s not a huge shock if true. The odd part is why it’s happening over New Jersey and why it’s been going on for so long.
The second, is that these are adversarial craft as the Congressman from New Jersey is claiming. Iran? Seems like a stretch to me but I suppose anything is possible. China or Russia might make more sense. This would be a huge embarrassment and trigger of public panic if it got out, hence the denying and lying by so many different officials.
In my opinion there is a chance these are being launched by operators on the ground, and if we look to the Southern Border situation over the last several years there are plenty of candidates for that job, either Chinese spies/operators, terrorists, or bad actors. Take your pick at this point. Still — that would be hard to pull off. Where did they get the drones? Where do they store them? How do the ground teams remain undetected? Seems like a stretch.
The third option is these are truly of unknown origin or alien. This is probably the most terrifying option, though the least likely (but what do I know). If this was the case, you can be damned sure the government would not divulge that unless it absolutely had to. In some circles (mostly true far right circles) there is the belief that if extraterrestrial life exists, the government may be priming us for disclosure to that fact.
It’s also possible that they really don’t know what’s going on past the fact these are not adversarial craft. I’d be remiss not to include this explanation — listen to the latest podcast for a summary of historical encounters and sightings that might shed some light on what the explanation of this all might be.
And as I said on Risk On — there is precedent now for this potentially being our adversaries.
Just this week Yinpiao Zhou, 39, was arrested for flying a drone over Vandenberg Space Force Base while taking photos. Shortly after this he attempted to board a flight to China according to the DOJ. So there are Chinese spies in our midst. It’s obvious. We know 50,000+ Chinese military aged males also entered the US through the US Southern border. What are they up to?
Time will potentially tell us what is going on but I think this is all a good reminder for us to take stock of the relationship between the public and government.
We cannot trust the official narrative or for those in power to divulge what is actually going on even if there is a clear threat or impact to us directly, it’s simply not in their best interest.
That’s all I have for today guys — make sure to follow on X for more live updates. I’ll be back next week but we will be live in the Discord through the weekend.
Good luck this week and may your bags be blessed and bandos rain upon you.
Andy
Risk On Podcast
Arbitrage Andy X
BullX Crypto Trading Software
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Thanks Andy. End of year bonus going to probably be 100% allocated to adding to my already healthy crypto investments and ride up through 2025 before (hopefully) taking some profits. There just seems to be too much evidence to back up the higher potential there than equities at the moment. My current bag of LINK is 100% attributable to your advice so thank you.
Would be cool to see an article related to your perspective on the reaction from the left post Trump win, they seem much calmer than any of us I think anticipated.
How do I get discord invite?