|
|
|
|
|
04.07.26 - 20:15
|
Could The Government Use Tax Dollars To Bail Out Bitcoin? (ZeroHedge)
|
|
|
Could The Government Use Tax Dollars To Bail Out Bitcoin?
Submitted by QTR's Fringe Finance
There was a time when Bitcoin's biggest selling point was that it existed outside the financial system. No governments. No central banks. No bailouts. No “too big to fail.” It was supposed to be the antidote to everything that happened in 2008. In fact, I once argued that another 2008 is what could standardize bitcoin.
Fast forward fifteen years, and we've somehow reached the point where I'm asking myself whether the last remaining bailout for crypto might actually be...the U.S. government. Think about how unbelievably sickening that would be. It's the terminus I kept arriving at yesterday while thinking about the only way Strategy would be able to survive if Bitcoin continued getting decimated from these prices. And sadly, the idea isn't really unimaginable given our current administration's ties with crypto.
Yesterday I wrote that Strategy's new capital framework effectively buys t...
|
|
|
|
|
|
|
|
|
|
|
03.07.26 - 17:15
|
Futures Rebound With Cash Markets Closed; Gold, Bitcoin Jump (ZeroHedge)
|
|
|
Futures Rebound With Cash Markets Closed; Gold, Bitcoin Jump
While US cash markets are closed for the July 4th holiday, stocks around the world rebounded from yesterday's momentum rout as the latest round of jitters about the AI trade subsided, with Europe's benchmark rising to an all-time high. S&P futures rose 0.3% and Nasdaq 100 futures rebounded 1.2% in thin holiday trading after South Korean memory giants SK Hynix and Samsung Electronics recovered, helping to drive a 2% rally in Asian shares after earlier tumbling with SK Hynix plunging as much as 30% from its all time high. Europe's utility and technology sectors outperformed to set the Stoxx 600 up for a second straight record close. The dollar touched a two-week low amid another mjni flash crash in the USDJPY overnight while gold extended gains.
Friday's gains marked the latest turn in a stretch of choppy trading as markets grapple with whether the second quarter's AI-driven rally has gone too far. With stocks recovering ...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|