🚨 BREAKING: U.S. national debt hits a record $39.8 trillion—closing in fast on $40 trillion—as the debt-to-GDP ratio rises to 723%.

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🚨 INSIGHT: According to CryptoQuant data, USDT’s 60-day market cap has dropped by $4B—approaching its steepest decline ever recorded.

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🇺🇸 REMINDER: The U.S. Senate has just two days left to pass the CLARITY Act before Congress adjourns for the summer recess.

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🇺🇸🇮🇷 JUST IN: Trump tells Fox News that U.S.-Iran talks are "moving along very nicely" — suggesting the Strait of Hormuz might reopen sooner than expected.

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🇺🇸 LUMMIS: "I believe we’ll vote on the CLARITY Act before Congress adjourns for August."

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🇺🇸 TODAY: The U.S. Senate’s agenda for August 5 does not include a vote on the CLARITY Act.

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🚨 UPDATE: Gold jumps to a six-week high above $4,200, driven by robust demand from China. Meanwhile, Bitcoin holds steady near $64,000, showing little movement despite the S&P 500 reaching a new all-time high.

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⚡️ BREAKING: Meta has unveiled Muse Code, its first AI-powered coding agent, as the company ramps up its AI suite to compete with Anthropic and Open-API.

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🇰🇪 NEW: The Nairobi Securities Exchange in Kenya aims to launch East Africa’s first ETF focused on artificial intelligence by the end of 2026, its CEO announced. Join Fintech KPT for the latest updates. #Fintech #AI #Kenya #ETF

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🇺🇸 UPDATE: Federal Reserve Governor Lisa Cook suggests the possibility of further interest rate hikes if inflation doesn’t continue to decline. Read more #Economy #Inflation #FederalReserve

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🇨🇳 BIG: China has sanctioned six U.S. entities and tightened export controls on drones bound for the United States, responding to recent American trade restrictions.

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🇺🇸 BREAKING: Senator Tillis confirms the White House has started responding to the bipartisan ethics proposal he and Senator Gallego introduced last week, reports Brendan Pedersen of Punchbowl News.

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🇷🇺 LATEST: Russian President Putin has signed the country’s first comprehensive law regulating cryptocurrency exchanges, digital depositories, and digital asset custody, according to TASS.

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🇺🇸 BREAKING: President Trump has been frequently calling Fed Chair Kevin Warsh for advice on key issues, including the Iran conflict and AI's effect on the economy, according to The Wall Street Journal.

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NEW: Coinbase launches 24/5 trading for nearly 4,000 US stocks — now live for UK users.

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🚨 TODAY: Over 900 million SpaceX shares become available.

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🇺🇸 BREAKING: The CLARITY Act will not be included in today’s U.S. Senate agenda, Thursday, Aug. 6.

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🇺🇸 LATEST: Treasury Secretary Scott Bessent says wages are now rising faster than inflation, with lower-income Americans experiencing their strongest earnings growth since the Trump administration.

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🇺🇸 UPDATE: A U.S. appeals court has upheld Sam Bankman-Fried’s conviction and 25-year prison sentence, closing nearly all remaining avenues for appeal. This ruling marks a pivotal moment in the dramatic fall of the former FTX CEO, once a central figure in the cryptocurrency world.

More details soon.

#CryptoNews #SamBankmanFried #FTX #LegalUpdate

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🇺🇸 JUST IN: 41% of Americans earning between $300,000 and $500,000 annually say they’re still living paycheck to paycheck, reports Goldman Sachs. Financial pressure isn’t just for the middle class anymore. Stability feels out of reach—even at high incomes.

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🇺🇸 JUST IN: A bipartisan ethics proposal linked to the Clarity Act could allow Trump to defer capital gains taxes—by requiring him to sell off his cryptocurrency holdings, according to Bloomberg. Read more #Politics #CryptoRegulation

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