This is not going to be just another crisis. This is going to be an economic catastrophe. Combined with the bursting of the excessive financial bubbles that have inflated over the last few years, it is difficult to grasp the magnitude of what is going to happen $BTC $ETH
ECONOMIC NEWS: Powell drops the bomb, private employment is dead and the interest rate trap
Markets enter a critical phase after the sharp rise in Brent oil above 114 dollars, while natural gas in Europe skyrockets and hits the global economy hard. Stock markets react with widespread declines, Bitcoin crashes, and the dollar strengthens in a context of maximum geopolitical and energy tension. $PAXG $BTC
It is not the Strait of Hormuz, it is the narrow margin of the FED.
When the armed conflict in Iran began, we all almost instinctively assumed that the main driver of the market would be fear, but it turns out that the dominant mode is weariness. It always has been.
The market is not afraid of an energy shock (investors have seen enough in recent years to know how to react to them), what happens is that the market is starting to feel very weary of the continuous antics of President Donald Trump.
The financial markets were the first to see Mr. Orange clearly, long before his naive allies, who took a year and a half to start seeing his antics.
🏦 FDIC: STABLECOINS WILL NOT HAVE DEPOSIT INSURANCE
💬 The president of the FDIC, Travis Hill, said that stablecoins will not have FDIC deposit insurance when the GENIUS Act comes into full effect.
⚖️ He also noted that "pass-through" insurance coverage will be prohibited, making it clear that stablecoins will not have the same banking protections.