Episode notes
In this week's episode of the Coin Stories News Block powered exclusively by Ledn, we cover these major headlines related to Bitcoin, macroeconomics, and global finance:
- Fed under fire: Markets see a 96% chance of a .25% rate cut as Trump and Treasury Secretary Scott Bessent pile pressure on Powell.
- Housing fragility exposed: FHA quietly props up 1.2M mortgages -- echoes of the 2008 crisis?
- Tether's U.S. play: The world's largest stablecoin launches a fully regulated dollar-backed token under the new GENIUS Act.
- Crypto IPO boom: Gemini and Figure soar in debut, while Nasdaq itself backs the Winklevoss twins.
- A personal note: Reflections on the tragic assassination of Charlie Kirk,and why money corruption drives deeper social division.
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---- References mentioned in the episode:
- Wall Street Journal Article on Mortgage Borrowers
- Payrolls Negative Revision Largest on Record
- Bessent's Tweet on Fed Driving Wealth Inequality
- Scott Bessent Op-Ed on Fed Independence
- Figure Technologies Enjoys Successful IPO
- Figure IPO Boosts Valuation to $7.6 Billion
- Gemini Soars in Latest IPO Market Win
- Nasdaq Invests $50 Million in Gemini
- Winklevoss-led Gemini Raises $425 Million in IPO
- Tether Slides on Company's Massive Growth
- Bo Hines Appointed Head of Tether's U.S. Arm
- Tether Unveils New U.S.-Regulated USD Stablecoin
- Tether Announces the Launch of USAT
- Russian Advisor Talks About Gold & Crypto
- Putin's Advisor Warns of Crypto & Gold Conspiracy
- Bitwise CEO Tweets on $7.3T Money Market Funds
- $7.3 Trillion Cash Pile Could Fuel Bitcoin Rally
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