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Bitwise CIO Matt Hougan commented that after this tariff issue ends, bitcoin will ultimately be favored in the aftermath. Hougan believes that the endgame of the tariff issue will include a dollar devaluation, which would precede a new reserve system with bitcoin and gold at the forefront. Bitwise Believes Trade War Will Push Bitcoin to … Read more
As detailed in a Bloomberg report, President Donald Trump has petitioned the Supreme Court to authorize the dismissal of senior figures within two autonomous federal agencies. The report posits that such a move might carve a legal pathway for Trump to oust Federal Reserve Chair Jerome Powell, challenging long-standing norms insulating the central bank from … Read more
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state banks to stop their dollar purchases. According to Reuters, these institutions would also ramp up controls on customers’ dollar purchases to stop speculation. China Reportedly Issuing Dollar Purchase Guidance to Control Yuan Value Drop China … Read more
Exploding tariffs and reckless trade moves are driving the U.S. toward a self-inflicted financial meltdown, former Treasury Secretary warns, threatening debt stability, investment, and global confidence. Summers Warns: US Tariff Policy May Be Engineering a Full-Blown Financial Crisis Former U.S. Treasury Secretary Lawrence H. Summers intensified his critique of Washington’s trade strategy on Tuesday, as … Read more
Skybridge’s founder warns China is preparing fierce economic retaliation as the U.S. slaps 125% tariffs on Chinese goods, signaling currency shocks, massive stimulus, and financial warfare. Scaramucci Outlines 5-Point Forecast on China’s Next Moves Amid Rising Trade Tensions Skybridge Capital founder Anthony Scaramucci issued a strong critique Monday on social media platform X, warning that … Read more
Kevin O’Leary urged the Trump administration to impose a 400% tariff on Chinese goods, arguing that the current 104% tariff is insufficient to compel China to follow trade rules. O’Leary said these statements prior to U.S. President Donald Trump pausing tariffs for 90 days on Wednesday afternoon. O’Leary Calls for Maximum Pressure on China Canadian … Read more
On Wednesday, as President Donald Trump’s tariffs officially went into effect, long-term bond yields began charting a steady climb toward historic peaks. Recent figures reveal that the yield on the U.S. 30-year Treasury note experienced its most significant weekly rise since 1981. Basis Trade Dysfunction Sends Shockwaves Through Markets Trump’s trade conflict has unsettled financial … Read more
U.S. President Donald Trump accused Beijing of currency manipulation to offset tariff impacts, warning that the practice may backfire on the oil-importing Asian nation. Offshore Yuan Falls to 7.42 per Dollar With just hours before the United States’ latest retaliatory tariffs against China were set to take effect, U.S. President Donald Trump accused Beijing of … Read more
Tim Draper is all in on Trump’s trade offensive, calling it a powerful reset to end global freeloading, crush weak leadership, and spark massive U.S. innovation. Tim Draper Endorses Trump’s Trade Offense, Calls Xi a ‘Weak Leader’ in Global Face-off Venture capitalist Tim Draper expressed strong support for Donald Trump’s economic and trade initiatives in … Read more
Trump’s tariff agenda could gut U.S. retail, crush jobs, and ignite a recession deeper than any since the Great Depression, economist Peter Schiff warns. Peter Schiff: Tariffs Will Gut Retail, Slam Banks, and Spark 50% Market Drawdown Economist and gold advocate Peter Schiff raised alarm on April 8 through social media platform X, predicting that … Read more
