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US COMMERCE SECRETARY LUTNICK SAYS INTEREST RATES ARE GOING “MUCH LOWER”

U.S. Commerce Secretary Howard Lutnick has recently stated that interest rates in the United States are expected to decrease significantly. This comment aligns with sentiments he has expressed in various interviews, suggesting that economic policies under the current administration, such as reducing the budget deficit and increasing domestic energy production, could contribute to lower interest […]

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Sony Singapore now accepts $USDC payments in its online store through a partnership with Crypto. com

Sony Electronics Singapore has partnered with Crypto.com to enable USDC payments on its online store. This marks Sony’s first direct move into cryptocurrency transactions in Singapore, allowing customers to purchase products using USDC, a stablecoin pegged to the U.S. dollar, via Crypto.com Pay. The initiative is exclusive to the Sony Store Online in Singapore and

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Michael Saylor says “there are no tariffs on Bitcoin.”

Michael Saylor, a well-known Bitcoin advocate and the executive chairman of MicroStrategy, is likely making a point about the decentralized and borderless nature of Bitcoin. When he says “there are no tariffs on Bitcoin,” he’s emphasizing that Bitcoin, as a digital currency, isn’t subject to traditional trade barriers like tariffs, which are taxes imposed by

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Ray Dalio: The effects of tariffs – How the machine works

Tariffs are taxes that: 1) raise revenue for the country imposing them that both the foreign producers and the domestic consumers pay (how much paid by each depends on their relative elasticities), which makes them an attractive tax 2) reduce the global efficiencies of production 3) are stagflationary for the world as a whole, more deflationary

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Sumitomo Mitsui Banking Corporation (SMBC), one of the largest banks ($1.7 trillion) and TIS are building stablecoin infrastructure on Avalanche.

Sumitomo Mitsui Financial Group, the parent of Japan’s second largest bank SMBC, is planning to issue a stablecoin. It’s collaborating with Ava Labs, the founder of the Avalanche blockchain, as well as Fireblocks, according to a report from the Nikkei. The bank will work with Japanese IT firm TIS and plans to conduct experiments in Q4

Sumitomo Mitsui Banking Corporation (SMBC), one of the largest banks ($1.7 trillion) and TIS are building stablecoin infrastructure on Avalanche. Read More »

GAMESTOP LIKELY TO BUY $1 BILLION IN #BITCOIN TOMORROW

In late March 2025, GameStop announced plans to raise $1.3 billion through convertible senior notes, with the proceeds intended for general corporate purposes, including Bitcoin purchases. This followed their board’s unanimous approval to add Bitcoin as a treasury reserve asset, a strategy inspired by companies like MicroStrategy. Posts on X from April 1, 2025, have

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BlackRock CEO Says US Dollar is at Risk of Losing Reserve Status to Bitcoin

For the last several years, a groundswell of support for a global de-dollarization movement has taken place. Although the currency is still far and away from the global standard, things could be set to change. Indeed, BlackRock CEO Larry Fink recently suggested that Bitcoin could replace the US dollar as the world’s global reserve currency. With groups

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