NEW: 🚨 Jim Cramer recommends on CNBC to "buy some bitcoin" and "buy some ETH" as a hedge against US debt. https://t.co/i6QNNH8PF4 ...

Why don't we talk a little bit about where the markets stand overall right now. Because we're looking at both the S&P 500, the NASDAQ, and the NASDAQ 100, all closing at new highs again on Friday. It's the best quarter uh for technology since the second quarter of 2020.What's happening, and how do you see this playing out. Well, this is still the most hated V-shaped rally. And it of course has a lot to do with when stock stocks fell in a waterfall decline into April.Nobody likes to be sitting on stock. So a ...

One thing that is clear is that democracies around the world are having trouble getting deficit spending under control. There was something you said on stage that caught my attention. Said that Bitcoin could become the world's reserve currency because of the US debt situation which is ballooning.How realistic is that. Well, US debt is about to blow up. Global debt is about to blow up.Buying Bitcoin will be one of the only ways to survive all of this and wind up on top. You need to get 0.1% Bitcoin. At least ...

Market Trends & Potential Risks - Bitcoin could become the world's reserve currency due to the US debt situation [1] - All-time highs in US debt are coinciding with all-time highs in Bitcoin [4] - US government needs to control spending to preserve the American experiment [6] Coinbase Products & Services - Coinbase is moving into financial services like payments, borrowing, and lending, aiming to replace people's bank accounts [10] - Coinbase Business was announced for startups and medium-sized businesses to manage finances and payments [14][15] - Partnership with Shopify to power USDC payments for Shopify merchants and an AMEX Bitcoin card were announced [16] - Coinbase has launched a credit card with AMEX and a debit card with Visa [18] Regulatory Landscape - Regulation will be a huge boon for crypto, and Coinbase is actively working to get legislation passed [26] - The Stablecoin Act, the Genius Act, and the Clarity Act need to be passed into law [27] Partnerships & Investments - Coinbase is an equity holder and the largest distribution partner for Circle (USDC) with a substantial economic arrangement [19][20] - Coinbase would consider buying Circle if they were interested [22] Company Performance & Strategy - S&P 500 index inclusion has made Coinbase's stock less volatile [23][24] - Coinbase is shipping product at a startup pace [17]