Bonds, Bitcoin, Big-Tech, & Bullion Soar As ‘Bad News’ Is Good News Again
by Tyler Durden It’s been an ugly couple of days for micro- and macro- data in the US (and globally) as retailers signal a far more-stressed American consumer than the market would like to believe, and global PMIs scream stagflation…
Democracy Is How Trump Came to Power. They Are Not About to Allow a Non-career Politician to Ever Take Power
Blog/Civil Unrest Posted Jul 27, 2023 by Martin Armstrong Spread the love There is no question that the real problem here is that the financial system is collapsing. These morons have been borrowing since World War II with ZERO intention…
How Texas Became a Global Mecca for Bitcoin Mining–Greg Abbott The Reason For Success
Miners have flocked to the state since China banned mining in 2021, encouraged by cheap energy, grid incentives and an alignment of values. “Bitcoin is all about freedom,” says one miner. “And in my dealings with the utilities and the…
SEC v. Coinbase: Judge Questions SEC’s Ability to Protect Investors
Judge Katherine Polk Faila of the U.S. District Court for the Southern District of New York recently held a pre-motion conference regarding the Securities and Exchange Commission’s (SEC) lawsuit against Coinbase. In their lawsuit filed in early June 2023, the regulator claims…
Silk Road–Linked Bitcoin Worth $300M Moved by U.S. Government: On-Chain Data
The U.S. government previously sold 9,861 bitcoin for $216 million in March. By Oliver Knight Jul 12, 2023 at 9:28 a.m. CDT Updated Jul 12, 2023 at 11:15 a.m. CDT U.S. government moves bitcoin (Blockchain.com) Two wallets tagged as belonging…
Court Orders Kraken to Turn Over History Transaction and Account Information to IRS,the IRS First Filed a Court Petition in February
By Nikhilesh De (CoinDesk archives) A federal court ordered crypto exchange Kraken to turn over account and transaction information to the IRS, which said it needed that information to see if any of the exchange’s users had underreported their taxes….
Crypto Market Rises by $30B in 48 Hours — Bitcoin Cash Leads With 88% Weekly Gain
On Sunday, June 25, the cryptocurrency market experienced a modest increase in value, climbing from $1.21 trillion two days prior to its current value of $1.24 trillion. Bitcoin has surged 15% in the past week, while ethereum has risen over…