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🚀 “Hold my Bitcoin” — Bitcoin’s $88K all-time high. Vuori’s $5B athleisure. Goldman Sachs’ royal knights.
Nov 12, 2024
Bitcoin has hit a stunning $88,000, buoyed by a pro-crypto president and sparking lively family debates. Meanwhile, Vuori is outpacing Lululemon in the athleisure market, seeing its valuation soar to $5 billion. The finance world buzzes with Goldman Sachs promoting 95 to partner status, each earning a cool $1 million a year. Plus, a new segment dives into the incredible origin story of Sriracha, showcasing how simple ideas can lead to monumental success.
22:55
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Quick takeaways
- Bitcoin's recent surge to $88K reflects investor optimism driven by favorable political changes and potential crypto regulations in the U.S.
- Viore's rise to a $5.5 billion valuation demonstrates the success of targeting underserved markets and prioritizing long-term profitability in athleisure.
Deep dives
Bitcoin's Surge and Political Influence
Bitcoin has recently surged to new all-time highs, reaching $88,000 in a single day due to a combination of political and economic factors. The prospect of having the first pro-crypto president has generated excitement among investors, leading to increased buying activity in the cryptocurrency market. This president plans to replace the current SEC chair with someone more favorable to crypto regulation, potentially encouraging innovation and investment in the sector. Additionally, the idea of the U.S. holding Bitcoin as a national reserve could boost demand further, especially if other countries follow suit.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode