from the McPromptism dept I’m going to trust that most of our audience will have some idea of what McCarthyism was in the 1950s. To summarize very briefly, it was an anti-communist campaign that spread into becoming equally anti-leftist throughout the country, with a specific focus on driving the supposed communist influences out of major media in America, such as radio and Hollywood. This led to a public hyper-vigilant in looking for supposed communists everywhere, as well as plenty of cases of false accusations of communist activity purposefully foisted upon people for personal reasons. This rabid, frothy-mouthed era of suspicion…

Key takeaways:Bitcoin reclaimed $68,000 as President Trump hinted at ending the Iran War even if the Strait of Hormuz remained partially closed.Bitcoin derivatives data show high fear, with put options at a premium and low demand for bullish leveraged trades.Bitcoin (BTC) rallied to $68,000 on Monday following the gains in the S&P 500 after US President Donald Trump suggested that the administration may consider ways to end the US and Israel-Iran war without a full reopening of the Strait of Hormuz. However, Bitcoin traders have kept a bearish stance according to derivatives metrics, indicating little confidence that the $66,000 level…

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