Trump continues criticizing Powell as global leaders stress importance of independence 

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President Trump is still going after Fed Chair Powell. In a Monday Truth Social Post, Trump reiterated that he wants to see lower interest rates now, adding that Powell is “a major loser.” 

Trump is hardly the first president to voice frustrations with the Fed and its leadership. But he is the only sitting president in modern history who has publicly threatened to fire the chair. 

Both Joe Biden and Barack Obama — during their respective terms — said they were disheartened by slow progress on inflation, but each also stressed their respect for the central bank’s…

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How a yield-bearing settlement network reflects a tokenization trend

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Because the industry’s been talking a lot about the use cases for stablecoins and onchain RWAs, it’s worth highlighting a soon-to-launch settlement network for institutions.

Called Lynq, the network will be powered by the Arca Institutional US Treasury Fund (TFND). That has a portfolio of short-term, yield-bearing US Treasurys and issues its shares via the Avalanche Blockchain. 

TFND requires AML/KYC on subscribers, and all client funds are held with US Bank.

Speaking of partners, Lynq is set to use tZERO’s special purpose broker-dealer license and Tassat’s real-time…

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Bitcoin’s Transformative Role As A Retirement Asset

According to the Bitcoin Reserve Monitor, 20 states have pending Strategic Bitcoin Reserve (SBR) legislation. As bullish as these efforts seem, they may be overshadowed by a sweeping federal framework pushed by Senator Cynthia Lummis, now the head of the Banking Subcommittee on Digital Assets.

After 16 years of speculation, experimentation, block wars and debanking, it seems that Bitcoin is on the precipice of a major threshold. Bitcoin’s inflation rate is already lower than 1% and its 21 million BTC scarcity serves as a bulwark against inevitable currency erosion by the world’s central banks.

Perhaps most importantly, Bitcoin’s ledger can be easily verified by everyone,…

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US stocks erase Monday losses after Bessent calls China trade situation ‘unsustainable’

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US equities are once again trading on a dream. 

The Dow Jones Industrial Average and Nasdaq Composite indexes hit intraday highs Tuesday after Bloomberg — citing unnamed sources — reported that Treasury Secretary Scott Bessent said the US/China trade war is unsustainable. While he expects de-escalation in the future, he said negotiations have not yet started. 

Bessent apparently made the comment at an investor event in Washington closed to the public and media. 

The Dow had gained more than 1,000 points midway through Tuesday’s session while the Nasdaq Composite rose as…

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NEW: Bitcoin May Rise More as Amid Federal Reserve Risks, Says Standard Chartered

Bitcoin could continue its upward trend as fears grow over the independence of the Federal Reserve according to Geoffrey Kendrick head of digital assets research at Standard Chartered. He sees this as a government-related risk which boosts bitcoin’s appeal as a decentralized hedge.

Kendrick explained that threats to the Fed such as the possible replacement of Chairman Jerome Powell are pushing the US Treasury term premium to a 12-year high. Bitcoin has shown a strong historical connection to this premium and may soon catch up after recently lagging due to market focus on tech-related headlines.

Currently trading near $91200 bitcoin is up 4 percent in the last 24 hours. Kendrick maintains bold targets predicting bitcoin to hit $200000 by 2025 and $500000 by 2028. He also expects a massive rise in stablecoin supply to $2 trillion by 2028 driven by upcoming US regulations.