It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street.

Don't miss a minute of the action. Good Thursday morning and welcome to Squawk on the Street. I'm David Faber. He's Jim Kramer. We're live from Post 9 at the New York Stock Exchange. Carl has the morning off. Let's give you a look at futures as we get ready to begin the trading day, 30 minutes from now. on what Jim and I like to call.

Oh no, it's Thursday, isn't it?

It's not wet. we get ready to begin the trading day, 30 minutes from now, what Jim and I like to call.

Oh, no, it's Thursday, isn't it? It's not Wednesday. It's Thursday.

I don't even know what day it is. But I do know where our roadmap starts this morning,

and that is with Bitcoin's Monster Rally. It surges above 100,000, bringing crypto-focused stocks along for the ride, including,

of course, Robin Hood, you just were hearing from the CEO at the end of Squawk Box there.

We're also on regulator watch this morning. President-elect Trump picks a crypto-backer to run the

SEC, and why his choice to lead the DOJ's antitrust unit could be a worrying sign for those who are looking for big tech to do big deals.

Speaking of tech, both META and Elon Musk's XAI continue to make massive new investments in data centers.

Get to that.

I've been focused on XAI of late, and I know you have on meta.

Let's start, though, with some new milestones for the major stock indices, market indices,

and for a Bitcoin as well, Jim. Kind of give me your thoughts as we, you know, we're down to it here

in terms of trading days left in the year. Maybe a younger generation has decided, look, we're going to

invest, but we're going to invest smartly and invest smartly, as opposed to what Chairman Palsy

yesterday, is to buy Bitcoin. Now, I'm always a believer that I should not second-guess

people who've made a lot of money. Who's ever in Bitcoin? It does because we know about Flattentem. We know about Robin Hood, which has been the winner, by the way, versus E-Trade versus swap. Rather amazing. And they do it on base of options and they do it on the base of Bitcoin. You've got, but you have been somewhat critical, I think, it's fair to say, of some of the other coins, so to speak.

Well, I do want to theory.

That have moved up dramatically.

I owned Bitcoin. We were allowed to own Bitcoin. I made a lot of money in this. I know you did. Some time ago, the likes of Ripple and many of others. Yes, good point. The ones that Gensler, Chairman Gensler has been against, which is that I think he's being, I'm not saying he's being hard unfairly because he was against. And he kind of stood within the tide of history, but the tide of history was advanced by President-elect Trump. Let's just, you know, you played Trump right. You made a lot of money. Yeah. It's one of the few theories that worked. It worked straight ahead. I mean, listen, I told people also, buy Fannie and Freddie, buy those preferreds.

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