The US stock market reversed in April, and the Nasdaq miraculously closed up! But the financial boss warned that these are all illusions, and the real storm came in May, when he exposed two major lies of the US government. Click to view...
Richard Blumenthal, a senior Democrat in the U.S. Senate, sent a letter of inquiry to World Liberty Financial and Fight Fight LLC on Tuesday to investigate Trump's activities in the cryptocurrency space. The investigation focuses on possible conflicts of interest between TRUMP tokens and the WLFI (World Liberty Financial) project. Blumenthal said these activities may violate government ethics and federal laws, while requiring companies to provide information such as ownership and financial struc...
Crypto journalist Eleanor Terrett posted on the X platform that the US Senate Banking Committee has voted to nominate Michelle Bowman as the next vice chair of Federal Reserve supervision (13 to 11), and her nomination has now been submitted to the full Senate for consideration. It is reported that Michelle Bowman has expressed a more open attitude towards digital assets and their future in the financial system, and has also urged state and federal governments to form partnerships to jointly reg...
On April 29, the US Treasury said on Monday that it expects to borrow $514 billion net in the second quarter, up $391 billion from its February estimate, mainly due to lower cash balances at the beginning of the quarter and lower net cash flow projections. The Treasury said in a statement that the second-quarter financing estimate assumes a cash balance of $850 billion at the end of June. Excluding the lower-than-expected cash balance at the beginning of the quarter, the second-quarter borrowing...
The US Treasury on Monday said it expects to borrow $514 billion net in the second quarter, up $391 billion from its February estimate, mainly due to a low cash balance at the start of the quarter and a lower forecast of net cash flow. The second-quarter financing estimate assumes a cash balance of $850 billion at the end of June, the Treasury said in a statement. Excluding the lower-than-expected cash balance at the start of the quarter, the second-quarter borrowing estimate is $53 billion lowe...
Alex Thorn, head of research at Galaxy, said in an X post: "I now believe that the US government may purchase bitcoin as a strategic reserve this year, and the easiest (and most likely) path would be to use counterfeit products from its existing digital asset reserve."
According to Decrypt, the US Trump administration is considering restrictive measures against Chinese artificial intelligence company DeepSeek, possibly cutting off its access to US technology and banning Americans from using its services. The move stems from DeepSeek's DeepSeek-V3 model released in January this year, which cost only about $6 million to achieve comparable performance to US competitors, raising national security concerns. The US Congressional Select Committee on China has accused...
According to Bloomberg, Democrats in the U.S. Senate have proposed a draft Clean Cloud Act that would impose fees on data centers that support blockchain networks and artificial intelligence models that exceed federal emissions targets. The bill would require the U.S. Environmental Protection Agency to set emissions standards for data centers and crypto mining facilities that install IT nameplates with more than 100 KW of power, with the goal of reducing emissions by 11% annually. Emissions exce...
USDA expects the seasonal average price of U.S. soybeans to remain unchanged at $9.95 a bushel in 2024/25. Soybean meal prices fell $10 to $300 a short ton, while soybean oil prices rose 2 cents to 45 cents a pound.
April 10 news, the recent US bond shock affected the global financial marekt, trillion US bond basis trading rapid positioning squaring led to violent rise in yields, 10-year and 30-year US bond yields rose more than 50BPs in three days. Market participants said that multiple factors triggered the "collapse" of this round of US debt: hedge funds' large-scale clearance of US debt positions was the main reason, and investors' strong demand for cash-based instruments triggered a large-scale basis t...
EIA report: April 4 week U.S. domestic crude oil production decreased by 122,000 barrels to 13.458 million barrels per day.
The U.S. Senate voted 51-48 to approve a bill that could end Trump's new tariffs on Canadian imports, but the House of Representatives is unlikely to approve it.
According to Bloomberg, the US Senate voted 62-38 to pass the Republican spending bill, effectively eliminating the risk of a government shutdown. The bill has no additional restrictions, ensuring that Musk's government streamlining plan can proceed and fund the operation of the federal government until the end of the financial year on September 30.
Tesla (TSLA. O) has warned that U.S. President Donald Trump's trade war could make it the target of retaliatory tariffs against the United States and increase the cost of building cars in the United States, according to the Financial Times. In an unsigned letter to U.S. Trade Representative Jamison Greer, Tesla said it "supports" fair trade, but warned that "when other countries respond to U.S. trade actions...
On March 14, according to the Financial Times, Tesla (TSLA. O) warned that U.S. President Donald Trump's trade war could make it the target of retaliatory tariffs against the United States and increase the cost of manufacturing cars in the United States. In an unsigned letter to U.S. Trade Representative Jamison Greer, Tesla said it "supports" fair trade, but warned that "U.S. exporters will be disproportionately affected when other countries respond to U.S. trade actions". "Past U.S. trade acti...