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While President Trump stated that anything could happen with the U.S. economy given the current course of action, he clarified that he was not worried about a short-term recession. “I think we’re going to have the greatest economy in the history of our country,” he declared. President Trump Recognizes US Economy Is in a Transition … Read more
Deribit, the world’s largest cryptocurrency options exchange with $1.3 trillion in trades last year, is considering entering the U.S. market, encouraged by President Donald Trump’s promise to make the country the global hub for digital assets like bitcoin, the FT reported. The Dubai-based company joins firms like OKX and Nexo in targeting the US after … Read more
During Berkshire Hathaway’s 2025 annual shareholder meeting, Buffett criticized the Trump administration’s America First trade policies, suggesting that tariffs could be perceived as acts of war. He warned that continuing down this path could be dangerous in a world filled with nuclear weapons. Warren Buffett Directs Criticism at Trump’s Tariffs in a Nuclear World Warren … Read more
Sen. Cynthia Lummis (R-WY) declared this week she is “particularly pleased” with President Donald Trump’s endorsement of her proposed strategic bitcoin reserve, a plan she claims will tackle the national debt and solidify U.S. dominance in financial innovation. ‘America Must Lead’ on Bitcoin, Says Lummis After Trump Backs Reserve Plan The Boosting Innovation, Technology, and … Read more
The ‘Common Cents’ Act, which has bipartisan support, seeks to end the production of the $0.01 coin, commonly known as the cent, as its production and distribution costs exceed its face value. Representatives Lisa McClain and Robert Garcia, along with Senators Cynthia Lummis and Kirsten Gillibrand, are behind this proposal. Common Cents Act Gets Introduced … Read more
Stablecoins are rapidly transforming U.S. Treasury demand, reshaping financial markets, and redefining the global role of the U.S. dollar. US Treasury Signals Stablecoin Boom Could Reshape Fiscal Strategy The U.S. Department of the Treasury published on April 30 the official minutes from the April 29, 2025, meeting of the Treasury Borrowing Advisory Committee, emphasizing the … Read more
World, formerly Worldcoin, announced its expansion into the United States, launching operations in six major cities: San Francisco, Los Angeles, Atlanta, Austin, Miami, and Nashville. The initiative, led by Tools for Humanity and co-founded by Sam Altman, opened flagship retail locations where individuals can scan their irises using Orb devices to create a World ID, … Read more
Kentucky Senator Rand Paul is pressing Congress to reclaim its taxing authority, arguing that President Donald Trump’s reliance on emergency powers to impose tariffs on dozens of countries violates both economic logic and the Constitution. Rand Paul Warns Emergency Tariffs Could Hand ‘Karl Marx’ Future Powers Paul on Tuesday touted a joint resolution that would … Read more
The latest Cambridge Centre for Alternative Finance report confirms the United States and Canada dominate global bitcoin mining, collectively controlling over 80% of reported activity. Bitcoin mining is now 52.4% reliant on sustainable energy, with hydropower (23.4%) and wind (15.4%) as leading sources. North America Dominance According to the latest Cambridge Centre for Alternative Finance … Read more
U.S. Treasury Secretary Scott Bessent, the 79th Secretary of the Treasury, addressed trade tensions with China during a White House press conference, emphasizing that Beijing faces severe economic consequences if tariffs remain high. ‘Certainty Not Necessarily Good’: Bessent Defends Strategy Amid Stock Market Stall Amid efforts to highlight President Trump’s policy achievements during his second … Read more
