SPX Fear and Greed Index: 3 (Extreme Fear)
Crypto Fear and Greed: 18 (Extreme Fear)
If this is a bear market then it's the first bear market that can be unwound with a single tweet. How can you be scared? BTFD
Crypto Fear and Greed: 18 (Extreme Fear)
If this is a bear market then it's the first bear market that can be unwound with a single tweet. How can you be scared? BTFD
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Probability of a May 7 rate cut still 55%. With tariffs, both inflation expectations and yields are rising. Will the Fed cut rates with short term inflation expectations through the roof? There is a third option nobody is talking about, stablecoins. Tether ranked among the top buyers of US Treasuries in 2024. As other currencies suffer tariff induced hyperinflation, demand for USD can fuel more purchases of US debt through stablecoin adoption.
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The EU votes in favor of imposing tariffs on 1500+ selected U.S. goods. The first tariffs will come into place next Tuesday
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US Treasury Secretary Scott Bessent: We'll take a close look at the regulatory impediments for blockchain, stablecoins, and new payment systems and we will consider reforms to unleash the awesome power of the American capital market.
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Fed's Barkin: I worry if we're close to a moment where consumers decide to pull back; so far that has not happened. Consumers are still spending, but we're watching it.
🚨 105,000,000 USDT (104,948,287 USD) transferred from Tether Treasury to unknown wallet
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