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The U.S. Treasury Department recently reported that the national debt had surpassed the $36 trillion mark, reaching an all-time high. Analysts have spoken about the positive effects of a rising debt trend on bitcoin and how it would eventually trigger a devaluation of the U.S. dollar. U.S. National Debt Surpasses $36 Trillion: A Benefit for … Read more
Based on current data, 24 days before the upcoming Federal Open Market Committee (FOMC) meeting, there’s a 52.7% likelihood of a quarter-point rate cut, according to CME Group’s Fedwatch tool. Markets Signal Mixed Messages Ahead of FOMC Meeting The U.S. Federal Reserve‘s federal funds rate outlook for December remains a toss-up. The odds of no … Read more
Russia has revealed that it will respond in kind to the actions of Western governments, which are preparing to make a $50 billion loan to Ukraine collateralized by frozen Russian assets, potentially escalating this conflict. Russia Preparing Retaliatory Move Involving Western Assets The government of Russia has revealed a new plan to counter the utilization … Read more
Reports indicate that China is considering changing its negative stance toward bitcoin and cryptocurrency, as the next U.S. administration adopts a more open policy toward the cryptocurrency industry. This shift would be a direct result of President Trump’s support for crypto. China Considering Pivot on Its Bitcoin Strategy Due to President Trump’s Ideas The new … Read more
Brian Armstrong, CEO of the U.S.-based crypto behemoth Coinbase, has favored the future efforts of the Department of Government Efficiency (D.O.G.E.), using Musk’s and Ramaswamy’s ideas to trim the fat in state bureaucracy and cut state spending. Coinbase CEO Brian Armstrong Praises Elon Musk’s D.O.G.E. Proposal, Examines Possible Outcomes The Department of Government Efficiency (D.O.G.E.), … Read more
Jim Rogers warns Trump’s “America First” trade policies could ignite the “biggest recession ever,” fueled by spiraling U.S. debt, inflation, and trade restrictions. Jim Rogers Warns ‘America First’ Approach Will Trigger Worldwide Economic Turmoil Renowned investor Jim Rogers, who co-founded the Quantum Fund with George Soros, issued a stark critique of the economic fallout tied … Read more
Trump’s foreign policy will target BRICS as its main adversary, aiming to disrupt the coalition and counter the influence of China and Russia, an analyst predicts. Analyst Sees the Battlefields of Trump’s Vision to Reshape Global Power At a roundtable held by the Expert Institute for Social Research (EISR) in Moscow on Friday, political analyst … Read more
Xiao Feng, CEO and Chairman of Hashkey, one of the few licensed crypto exchanges in Hong Kong, believes that Trump’s support for the cryptocurrency sector could accelerate a pivot from anti-crypto policies in China. Hashkey CEO: China Might Pivot Its Anti-Crypto Policies Following Trump’s Moves The recent endorsement of the cryptocurrency sector and bitcoin as … Read more
President Javier Milei advocated for maintaining a separation of crypto and state. The Argentine leader stated that private cryptocurrencies might collaborate to end the state monopoly on currency, and rejected CBDCs. Milei Supports Maintaining Crypto Outside the State’s Reach While some leaders envision the inclusion of bitcoin and central bank digital currencies as part of … Read more
Luis Stuhlberger, a legendary Brazilian hedge fund pioneer, disclosed that Verde, the firm he leads, built a bitcoin position before Trump’s victory. The firm remarked that President Trump’s intentions should be taken seriously, including his cryptocurrency-linked proposals. Luis Stuhlberger’s Brazilian Hedge Fund Verde Bets on Trump’s Bitcoin Push While the current Bitcoin bull market originated … Read more