<p>Something broke in the background this week as a decades-old trade finally cracked, and Bitcoin caught the first ripple. The real story isn’t the dip; it’s what this unwind sets in motion next.</p>
<p><strong>Episode Links</strong></p>
<ul>
<li>🇺🇸 <a href="https://partner.river.com/jupiter">Buy Sats on River</a> - The best way to stack in the US</li>
<li>🇨🇦 <a href="https://www.bitcoinwell.com/jupiter">The Bitcoin Well</a> - An amazing automatic self-custody Bitcoin platform</li>
<li>⚡ <a href="https://app.thebitcoincompany.com/signup?ref=JUPITER">The Bitcoin Company</a> - Spending your Bitcoin Via Lightning</li>
<li>🏦 <a href="https://use.foldapp.com/r/XNHPXTFC">Fold Card</a> - Pay bills Stack Sats</li>
<li>💵 <a href="https://borrower.saltlending.com/register?referralCode=GkPQdbqWG">SALT Lending</a> - Get access to your BTC Value w/out Selling</li>
</ul>
<p><strong>Show Notes</strong></p>
<ul>
<li><a href="https://www.youtube.com/watch?v=4FFGlzjRX9o">Yen Carry Trade Unwind Triggers Major Market Ripples | wolff responds - YouTube</a></li>
<li><a href="https://www.youtube.com/watch?v=n_PyL13D_jA">The Japanese Carry Trade Is Unwinding — And It Could Hit U S Markets Hard | David Stryzewski - YouTube</a></li>
<li><a href="https://www.cnbc.com/2025/11/21/japans-cabinet-announces-135-billion-stimulus-package-nhk.html">Japan announces $135 billion stimulus to boost economy and support consumers</a></li>
<li><a href="https://ts2.tech/en/japan-economy-news-today-december-3-2025-services-pmi-strengthens-as-bond-yields-hit-17%E2%80%91year-high-and-boj-eyes-rate-hike/">Japan Economy News Today, December 3, 2025: Services PMI Strengthens as Bond Yields Hit 17‑Year High and BOJ Eyes Rate Hike</a></li>
<li><a href="https://www.marketscreener.com/news/charles-schwab-ceo-says-feel-confident-bitcoin-and-ethereum-will-be-the-two-cryptocurrencies-it-can-ce7d51dede8ef124">Charles Schwab CEO says feel confident bitcoin and ethereum will be the two cryptocurrencies it can offer to market in first half of 2026 | MarketScreener</a></li>
<li><a href="https://www.marketwatch.com/story/vanguard-finally-dips-a-toe-into-crypto-waters-after-bitcoin-slump-58e9191d">Vanguard finally dips a toe into crypto waters</a></li>
<li><a href="https://finance.yahoo.com/news/vanguard-now-allow-crypto-etfs-211500405.html">Vanguard Will Now Allow Crypto ETFs on Its Platform</a></li>
<li><a href="https://www.thestreet.com/crypto/investing/worlds-second-largest-bank-urges-clients-to-add-1-4-crypto-exposure">Bank of America recommends adding up to 4% of ‘gold rival’</a></li>
<li><a href="https://www.forbes.com/sites/kirkogunrinde/2025/12/02/bank-of-america-recommends-crypto-exposure-in-all-client-portfolios/">Bank Of America Opens Up All Client Portfolios To Crypto Investments</a></li>
<li><a href="https://finance.yahoo.com/news/bank-america-backs-4-crypto-125733181.html">Bank of America Backs 4% Crypto Allocation</a></li>
<li><a href="https://x.com/WatcherGuru/status/1996264980241617007">Larry eats Crow: BlackRock CEO Larry Fink admits he was wrong about crypto. </a></li>
<li><a href="https://finance.yahoo.com/news/us-fed-injects-13-5b-104021736.html">US FED Injects $13.5B in Liquidity Overnight as QT Ends</a></li>
<li><a href="https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=410927">Chairman Hill, Oversight Chair Meuser Issue Final Staff Report on Biden’s Debanking of Digital Assets | U.S. House Committee on Financial Services</a></li>
<li><a href="https://bitcoinmagazine.com/news/crypto-house-confirms-choke-point-2-0">Crypto Targeted: House Confirms Operation Choke Point 2.0</a></li>
<li><a href="https://www.youtube.com/watch?v=28IpiLraUoc">Gilfoyle cryptocurrency powerpoint - Silicon Valley S5 - YouTube</a></li>
</ul>
<p><strong>Music</strong></p>
<ul>
<li><a href="https://podcastindex.org/podcast/7590882">scoot By: Kathryn</a></li>
</ul>
