US Treasury Secretary Dampens the Mood: Government Won’t Buy Bitcoin for Strategic Reserve

On Thursday, during a Fox News interview, U.S. Treasury Secretary Scott Bessent addressed the nation’s strategic bitcoin reserve (SBR), clarifying that the government has no plans to purchase bitcoin for it. PPI Surprise and Bessent’s Bitcoin Stance Causes Uncertainty Over the past 24 hours, the crypto market slipped 2.91%, nearly dipping below the $4 trillion … Read more

Ballooning Deficit Creates Bullish Backdrop for Gold, Bitcoin — Kobeissi

In July, U.S. tariff revenue soared over 300% to a record $29.6 billion, bringing the total raised since March to over $100 billion. Record Tariff Revenue vs. Widening Deficit In a stunning fiscal surge, U.S. tariff revenue skyrocketed by over 300% in July alone, reaching an unprecedented $29.6 billion in a single month. The record-breaking … Read more

Fold Launches Bitcoin Gift Card on Major US Online Retailer, Holds Over 1,492 BTC in Treasury

Fold Holdings, Inc. (NASDAQ: FLD) has announced the launch of its Fold Bitcoin Gift Card on Giftcards.com, the largest digital gift card retailer in the U.S. This initiative aims to expand access to Bitcoin for millions of consumers in a familiar and user-friendly format. The Fold Bitcoin Gift Card is the only Bitcoin gift card … Read more

Eleventh-Hour Move: Trump Extends China Tariff Truce by 90 Days

President Donald Trump inked an executive order late Monday, granting another 90-day reprieve on steep U.S. tariffs targeting Chinese imports, a White House official told CNBC. The decision, according to CNBC’s report, landed just hours before the clock struck midnight, when the duties were set to roar back, threatening to reignite a trade clash between … Read more

Warning: Expert Assesses Bitcoin Might Experience an Argentine Split

Samson Mow, CEO of JAN3, explained that bitcoin prices might experience an Argentine split in the future, separating the bitcoin component of the institutional financial system from bitcoin in self-custody. Nonetheless, he believes this won’t pose an existential threat to the currency. JAN3 CEO Warns Institutionalization of Bitcoin Might Cause an Argentine Split on Prices … Read more

White House Crypto Council Director Departs—Says US Now Positioned as Global Crypto Capital

A top White House crypto strategist exits after steering landmark policies that propelled the U.S. toward global leadership in digital assets, igniting unprecedented industry momentum and competitive advantage. Bo Hines Leaves White House Post, Points to US Progress Toward Global Crypto Lead White House Crypto Council Executive Director Bo Hines announced on the social media … Read more

US Imposes 39% Tariff on Swiss Gold, Impacting Global Market Dynamics

The United States has implemented a 39% tariff on imports from Switzerland, effective August 7, 2025, significantly impacting the Swiss gold refining industry. This tariff, the highest among developed nations, specifically targets one-kilo and 100-ounce gold bars, which were previously exempt from such taxes. The move is part of a broader strategy to address a … Read more

Peter Schiff Warns of Looming US Dollar Collapse With BRICS Poised to Rise

The U.S. dollar is hurtling toward collapse, threatening to obliterate American living standards, economist Peter Schiff warns, as deficits soar, inflation bites, and emerging markets gain unstoppable momentum. US Dollar Collapse Will Impoverish the Vast Majority of Americans, Peter Schiff Warns Economist and gold advocate Peter Schiff issued a sharp critique of recent U.S. trade … Read more

Trump Bans Debanking, Citing ‘Digital Asset Industry’ Targeting

President Donald Trump signed an executive order Thursday prohibiting federal regulators from enabling financial institutions to deny services based on political beliefs, religious beliefs, or lawful business activities such as crypto services. White House: ‘The Trump Administration Has Already Ended Operation Chokepoint 2.0’ According to the Fact Sheet release, the order directs federal banking regulators … Read more

‘Make America Wealthy Again’ — Trump Executive Order Opens 401(k)s to Bitcoin

President Donald Trump signed an executive order on Aug. 7 directing federal agencies to enable 401(k) and similar retirement plans to offer investments in alternative assets, including cryptocurrencies like bitcoin. Since the announcement, BTC has spiked comfortably above the $117,000 range. Regulations on 401(k) Alternative Assets Face Overhaul After Order The order instructs the Secretary … Read more

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