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Any U.S. response to a sudden geopolitical flare-up will be"extremely inflationary," posing a massive problem for the Federal Reserve and U.S. Treasury, which are already facing 'monumentally irresponsible' record deficits, says James Lavish, Managing Partner at Bitcoin Opportunity Fund.
- Although the gold market has seen an unprecedented rally to record highs above $2,400 an ounce, the mining sector continues to see lackluster demand, significantly lagging behind the precious metal.Investors in Canada have become the latest to target Binance with a class-action lawsuit, alleging the platform violated local securities laws by offering unregistered derivatives products.
–Gold’s current pullback is driving one kind of buyer from the market, but the high-quality purchasers are going nowhere, according to Metals Daily CEO Ross Norman.Venezuela's state-run oil company PDVSA has reportedly been using the stablecoin Tether to bypass U.S. sanctions and plans to increase the practice moving forward.Bitcoin has thus far avoided the typical post-halving slump as its price consolidated above $66,000 on Tuesday while Bitcoin network hashrate hit a new record high.
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