Seeds of Wisdom RV and Economic Updates Wednesday Morning 4-16-25

Good Morning Dinar Recaps,

2 MAJOR KEY EVENTS ON APRIL 16: RIPPLE VS SEC SETTLEMENT AND POWELL’S SPEECH IMPACTING CRYPTO ASSETS

April 16, 2025 – Today marks a potentially pivotal moment in the crypto market as two high-stakes events unfold: the long-awaited conclusion of the Ripple vs SEC lawsuit and a key speech by Federal Reserve Chair Jerome Powell. Together, these developments could significantly influence investor sentiment and shape the near-term direction of crypto assets.

Ripple vs SEC lawsuit Update

After nearly a decade of legal wrangling, the Ripple vs SEC case may finally be over. April 16 was Ripple’s final deadline to file its appellate brief. With no extension granted, the only options were to either submit the filing or reach a settlement.

Sources close to the matter suggest that a settlement has been reached between Ripple and the SEC. As part of the reported agreement, the SEC has dropped its appeal, while Ripple has agreed to pay a $50 million fine and also withdraw its own counter-appeal.

Crucially, there will be no official declaration labeling XRP as a security, which many in the XRP community view as a significant win for the cryptocurrency.

According to Attorney Fred Rispoli on X, Ripple has only two options by April 16. He explained that Ripple cannot ask for more time, so they have only two options. Either they go ahead and file their appeal, which he believes has just a 10% chance, or they announce a settlement or withdrawal, which he thinks is much more likely, with a 90% chance.

 FED Chair Jerome Powell’s Speech

Later today, Federal Reserve Chair Jerome Powell is set to deliver a speech at the Economic Club of Chicago. With U.S. inflation easing and election-year pressure building, Powell’s comments may hint at the Fed’s outlook on future rate cuts.

The market currently expects:

▪️Two rate cuts in 2025

▪️Possibly starting in June or September

However, Powell has repeatedly emphasized caution, citing persistent inflation risks and global uncertainty.A dovish or hawkish tone could significantly influence Bitcoin, altcoins like XRP, and broader equity markets.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

SOUTH KOREAN PRESIDENTIAL CONTENDER VOWS TO PUSH CRYPTO 'AS MUCH AS' TRUMP: REPORT

▪️South Korea’s presidential primary candidate for the right-wing party said he would reform crypto regulations “as much as” the Trump administration.

▪️He also vowed to increase investment into other disruptive technologies, including AI.

A candidate in the South Korean right-wing party's presidential primary pledged to revamp local regulations on blockchain and cryptocurrencies, according to local news agency Yonhap.

"To foster blockchain and virtual assets as an industry, I will reform regulations as much as the Trump administration in the United States," Hong Joon-pyo, a candidate for People Power Party's presidential primary, said during a policy announcement meeting on Wednesday, according to the report.

Hong, who served as mayor of Daegu city up until last week, said that he would work to incorporate blockchain technology into the public sector and administrative services.

Outside of blockchain and crypto, Hong also pledged to invest at least 50 trillion Korean won ($35.1 billion) over five years in research and development for AI, quantum technology and room-temperature superconductors, the report said, as part of his "growth driven by disruptive tech" initiative.

The prominent politician, with nearly 30 years of experience, had previously urged the South Korean government to adopt friendlier policies and regulations on crypto.

In 2021, Hong openly criticized the government's decision to tax cryptocurrency at the time, labeling the move retrogressive and urging the establishment of legal foundations to institutionalize emerging technologies, according to local news outlet Financial News.

South Korea's 20th President, Yoon Suk-yeol, was removed from office on April 4 after the Constitutional Court unanimously upheld the National Assembly's impeachment vote, prompted by his controversial declaration of martial law on Dec. 3, 2024.

With the June 3 presidential election less than two months away, neither of the two major political parties has yet nominated its candidate.

Hong is among eight candidates vying for the People Power Party's nomination. Meanwhile, Yoon's impeachment has given the opposition Democratic Party of Korea an advantage heading into the upcoming election.

@ Newshounds News™
Source:  The Block

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Tuesday Evening 4-15-25

Good Evening Dinar Recap

XRP ETFS LIKELY NEXT TO GET SEC APPROVAL, BEATING DOGE AND SOLANA: KAIKO

XRP exchange-traded funds may be the next SEC-approved product that gives investors exposure to crypto, according to data firm Kaiko.

An XRP-focused exchange-traded fund is more likely to receive approval than other recently proposed spot funds tracking other major altcoins, market research firm Kaiko said in a report released Monday.

XRP's front-runner position comes because of the underlying token's high liquidity, said Kaiko. Spot volume for XRP on American exchanges recently hit its highest level since before a long-running lawsuit in 2020 led to delistings, Kaiko noted in its report. XRP is the fourth-largest cryptocurrency by market cap.

Kaiko added that the SEC's prior approval of a fund giving investors exposure to the coin also worked in XRP's favor. U.S. asset manager Teucrium Investment Advisors launched a 2x leveraged XRP ETF earlier this month.

"It's hard to argue against allowing a spot product when there's already an active ETF like this, which is highly levered and more risky than a vanilla spot ETF," Kaiko's Adam Morgan McCarthy told Decrypt.

Bitwise, Grayscale, 21Shares, CoinShares, and Canary Capital have all applied to list spot XRP funds. The applications and others for ETFs based on Solana, Litecoin, Cardano, and Dogecoin, among other tokens, reflect issuers' growing efforts to address demand for crypto investment products. Kaiko reported that a Solana-based fund was the next most likely after an XRP ETF to receive a regulatory greenlight.

XRP is a virtual coin created by the founders of fintech company Ripple. The SEC sued Ripple at the end of 2020, alleging that its team sold unregistered securities in the form of XRP.

@ Newshounds News™
Source:  Decrypt

~~~~~~~~~

BRICS: WHEN BARACK OBAMA PREDICTED THE US DOLLAR’S FUTURE

When BRICS was formed in June 2009, former US President Barack Obama had predicted the future of the US dollar. Three months after BRICS was formed in 2009, Obama spoke in length about the USD highlighting its importance across the world. The former President revealed that investor’s confidence in the USD is high and will remain the same for many more years.

However, fast-forward 16 years to 2025, the geopolitical landscape has experienced a paradigm shift. Developing countries are advancing financially and competing with the US in tech, trade, and science.

BRICS is also looking to topple the US dollar giving Barack Obama’s 2009 prediction a reality check. The global financial markets are rapidly evolving with emerging economies looking to dominate the geopolitical spectrum.

BRICS: Barack Obama Had Predicted the US Dollar’s Future in 2009, Here’s What He Said

Former US President Barack Obama spoke about the US dollar’s future prospects when the BRICS alliance was launched in 2009. 

He explained that the USD is an extraordinary currency with immense faith and trust from the global investor community. “The dollar is extraordinarily strong right now,” President Obama said in November 2009.

And the reason the US dollar is strong right now is because investors consider the United States the strongest economy in the world with the most stable political system in the world,” said Barack Obama. However, in 2025, the political landscape is different and BRICS and other developing countries want to topple the US dollar.

Barack Obama’s prediction of the US dollar is now on shaky grounds as BRICS countries find the currency intimidating. The White House pressing sanctions on developing countries is what led the alliance to distrust the USD. Even former US Treasury Secretary Janet Yellen confirmed that sanctions gave way for de-dollarization.

@ Newshounds News™0
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 4-15-25

Good Afternoon Dinar Recaps,

CRYPTO NEWS: TRUMP PLANS TO BUY BITCOIN WITH GLOBAL TARIFF REVENUE!

▪️Trump administration may use tariff revenue to buy Bitcoin, giving crypto investors fresh hope worldwide.

▪️Trump wants strategies to buy more Bitcoin without adding any extra cost for U.S. taxpayers.

▪️Bitcoin jumps 15%, trades above $85,000, and could soon hit the $90,000 resistance level.

As global tariff tensions heat up and financial markets stay shaky, crypto investors have found a surprising silver lining. The Trump administration has announced plans to use money collected from tariffs to buy Bitcoin—yes, you read that right. With Bitcoin already down 25% from its recent high, the timing has caught everyone’s attention.

Is the U.S. government really preparing to buy the dip?

Here’s what’s unfolding—and why it could shake up both politics and crypto.

Strategic Crypto Reserve In the Making

Last month, President Donald Trump signed an executive order to create a strategic cryptocurrency reserve. The plan involves using digital tokens the government already owns and finding new ways to expand those holdings. Trump has asked the Commerce and Treasury Secretaries to come up with budget-neutral strategies—meaning the government can buy more Bitcoin without adding to the national debt or raising taxes.

One idea being discussed in the White House is using tariff revenue to fund Bitcoin purchases. This would allow the U.S. to build its crypto reserves without borrowing money or asking more from taxpayers.

While still in the planning stage, this move shows that the government is open to fresh ideas about managing public funds.

Lummis Pushes the “Bitcoin Act of 2025”

Senator Cynthia Lummis is also stepping in with her proposal—the “Bitcoin Act of 2025.” She wants to revalue U.S. gold certificates, which are currently worth less than the real price of gold. Adjusting their value could free up extra funds that the government could use to buy Bitcoin and strengthen its crypto holdings.

Bitcoin Aims for $90K

Bitcoin is showing strength again after bouncing back from a recent dip. The price has jumped by 15% and is now trading around $85,350, with its market cap rising to $169 trillion.

Right now, Bitcoin is holding above $84,000 and staying strong above the 100-hour simple moving average. A rising trend line is also forming, with support around $85,200, suggesting buyers are still in control.

Looking ahead, Bitcoin faces resistance near $85,800, with the next major barrier at $87,200. If it breaks through these levels, the price could continue climbing—possibly reaching the $90,000 mark in the coming days.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

BRICS: US DOLLAR KEEPS FALLING AS TRADE WAR FEARS GROW

The growing geopolitical tensions have only intensified in recent weeks amid the United States’ new Liberation Day tariff plan. Although it has been scaled back in a myriad of ways, the nation’s currency appears to be paying the price. In an interesting turn for the BRICS bloc, the US dollar has fallen again as trade fears grow.

Interestingly, US President Donald Trump had previously threatened the alliance with 150% tariffs due to their de-dollarization endeavors. The warning never actualized, but his stance on their policies was clear. Now, his efforts to balance trade for the nation have effectively done similar to the global reserve asset.

US Dollar Struggles as Trade Fears Look to Benefit BRICS Bloc

It has been a rather concerning month for the global economy. US President Trump has ushered in a strong America-first policy in the form of his new tariff plan. Subsequently, it has seen continued concern over the potential for increased geopolitical tensions.

As the United States and BRICS have continued their faceoff, the US dollar has continued to fall amid trade war concerns. Although it edged a bit higher on Monday, it approached the mid-way point of April, reaching a three-year low against the euro and Japanese yen. It approached oversold territory in its metrics and therefore, jumped slightly. Yet, it is still in a concerning position.

Investors have shown they are wary of the greenback with tariff turmoil still abounding. This is increasingly interesting when it comes to the BRICS bloc, as they have been the face of increased de-dollarization and gold buying. Subsequently, the latter has reached record highs above $3,200 this year.

“The uncertainty is now at an intolerable level for most businesses in international trade.” Adam Button of ForexLive told Reuters. “Right now, the market is taking a dim view of future US growth, and that has come through most clearly in the currency market.” Where this goes will be interesting, considering how important the dollar’s status was to President Trump when he was first elected in late 2024.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Monday Evening 4-14-25

Good Evening Dinar Recaps,

NORTH CAROLINA BILL PROPOSES ALLOWING TAX PAYMENTS USING CRYPTO

▪️North Carolina lawmakers filed a bill that seeks to authorize the use of crypto for economic transactions, such as tax payments.

▪️The state has previously proposed bills to allow state investments in crypto.

North Carolina lawmakers have introduced a bill that seeks to allow the use of digital assets in tax payments and other economic transactions, marking the latest crypto-related legislative effort in the state.

Representative Neal Jackson filed H.B. 920, the Digital Asset Freedom Act, last Thursday with two co-sponsors.

"Digital assets are recognized as a valid medium of exchange in North Carolina," the bill said. "A transaction shall not be denied legal effect or enforceability solely because it uses a digital asset."

The Digital Asset Freedom Act outlines the criteria that digital assets must meet to be considered eligible. It requires a digital asset to have at least $750 billion in market capitalization and a daily trading volume of at least $10 billion to ensure liquidity and market depth.

The bill added that an eligible digital asset should have at least a 10-year track record of operating in an open market, with proven security and resistance to censorship.

@ Newshounds News™
Source:  The Block

~~~~~~~~~

BINANCE EXECUTIVES MET WITH US GOVERNMENT OFFICIALS TO DISCUSS EASING OF REGULATORY SUPERVISION: REPORT

Executives at Binance reportedly sat down with Treasury Department officials in March to discuss the possibility of relaxing the US government’s regulatory scrutiny of the world’s largest crypto exchange.

Citing people familiar with the matter, the Wall Street Journal reports that Binance wants the Treasury Department to remove one of the two monitors that oversee the exchange.

The US government is keeping a close eye on Binance after it pleaded guilty to having engaged in anti-money laundering (AML), unlicensed money transmitting and sanctions violations.

The Treasury Department appointed a monitor to ensure that Binance complies with anti-money laundering laws, but a spokesperson for the exchange says that monitors led to “inefficient and costly burdens.”

The report says that during last month’s meeting, Binance chief executive Richard Teng and Chief Legal Officer Eleanor Hughes asked Treasury officials to remove the monitorship, or reduce its duration and scope.

Binance’s executives are said to be optimistic that the Trump administration will greenlight the request.

According to WSJ, the meeting took place after Binance and representatives from the Trump family-backed crypto venture World Liberty Financial held discussions to list the project’s dollar-pegged stablecoin, USD1, on the crypto trading platform.

A spokesperson for World Liberty Financial says that the company is aiming for USD1 to be “accessible for millions globally.”

@ Newshounds News™
Source:  The Daily Hodl

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Monday Afternoon 4-14-25

Good Afternoon Dinar Recaps,

SEC AND BINANCE FILE JOINT MOTION FOR ANOTHER 60-DAY PAUSE IN LEGAL DISPUTE

▪️The SEC and Binance have asked the judge overseeing their legal dispute to pause the case for 60 days as “productive discussions” continue.

▪️The pause would extend the current 60-day stay, which was approved in February.

▪️If approved, the parties will submit a joint status report at the end of the 60 days, in mid-June.

The Securities and Exchange Commission and Binance, the world's largest crypto exchange, have asked the judge overseeing their legal dispute to continue keeping the case on hold as lawyers on both sides hold "productive discussions."

According to a joint court filing submitted Friday, the SEC requested the pause be extended "...In light of these continued discussions and the time required for the staff to seek authorization from the [SEC] as necessary to approve any resolution or changes to the scope of this litigation." Binance's lawyers agreed that "...continuing the stay is appropriate and in the interest of judicial economy."

Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia granted the parties' original request to stay the case in February, following a similar joint motion. The approval of another 60-day pause would mean the next joint status report would land in mid-June.

Though some of the SEC's claims against Binance were partially dismissed by Judge Jackson last June, the majority of the claims were upheld, though it remains unclear how the changing leadership of the SEC will affect the case. Friday's filing references "discussions concerning how the efforts of the crypto task force may impact the SEC’s claims."

The SEC's crypto task force is headed by Republican Commissioner Hester Pierce and has been holding roundtables with industry figures in a move towards more transparent regulation of the crypto industry. 

"We invite builders, enthusiasts, and skeptics to engage with us to figure out what the final rules should be and what interim steps might help to foster innovation in the meantime," Pierce said in February, shortly after the task force's creation.

@ Newshounds News™
Source:  The Block

~~~~~~~~~

BRICS GIVES HUGE UPDATE: NON-MEMBERS CAN SETTLE TRADE IN NEW PAYMENT SYSTEM

Russian Foreign Minister Sergey Lavrov announced that Brazil, which chairs the next summit in July, has proposed to create a new payment system where non-BRICS members can settle trade and cross-border transactions without incorporating the US dollar for settlements.

If non-member countries begin settling trade with the new payment system launched by BRICS, the US dollar could enter the path of decline. The US dollar could lose out on the global supply and demand mechanism making other currencies lead the charge.

BRICS Provides Major Update: Non-Members Will Be Allowed to Trade in the New Payment System

Lavrov confirmed that the upcoming initiative by BRICS is to allow non-members to settle trade in the new payment system. “There are a number of other initiatives currently under consideration within the BRICS format.

One of them being a proposal by Brazil to create an alternative payment platform, with work underway on this track. I am confident that countries, even those outside BRICS, will have access to such mechanisms when they are created.”

He added that the new BRICS payment system will be independent and not rely on the Western financial mechanism. The platform will not depend on SWIFT, the US dollar, or the euro and pound, but will be an independent system. 

“There is an opportunity to form payment platforms independent of external influence. One example being the financial messaging system of the Bank of Russia. It is convenient, and it does not depend on any SWIFT network,” the minister noted.

It is not known when the new BRICS payment system will make its debut in the global financial markets. No further details about the new system have been revealed by the alliance. However, they will discuss the developments further in the upcoming 17th summit in July. The summit is scheduled to be held in Rio De Janeiro on July 7 and 8, 2025.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Monday Morning 4-14-25

Good Morning Dinar Recaps,

CLEAN CLOUD ACT' DRAFT BILL REQUIRES CRYPTO MINERS TO CUT EMISSIONS OR FACE FINES

▪️Senate Democrats introduced a bill Thursday that would set regional limits on the emissions from crypto mining facilities and AI data centers, imposing fines on facilities that surpass the cap.

▪️The regional caps would be reduced by 11% annually until reaching zero by 2035, requiring facilities to operate on 100% renewable energy, or face fines.

▪️The draft bill would also require facilities to submit detailed annual reports on electricity usage and sourcing to allow the EPA to calculate each facility’s emission intensity.

A draft bill dubbed the "Clean Cloud Act of 2025" introduced to the U.S. Senate by Democratic Senators Sheldon Whitehouse and John Fetterman seeks to curb emissions from crypto mining facilities and AI data centers, with the eventual goal of fining any facility using non-renewable energy sources by 2035.

The draft bill would amend the Clean Air Act to require data centers with more than 100 kW of energy capacity to meet emissions caps that vary by region, as laid out in the Department of Energy's National Transmission Needs Study.

The caps would be set by the end of 2025, and would lower by 11% each year until reaching zero in 2035. Facilities that exceed the emissions caps would pay inflation-adjusted fees based on how much their emissions exceeded the caps, and are forbidden from passing the costs off to customers.

The collected funds would be used to alleviate potential residential electricity cost increases through grants to local municipalities and also to fund clean energy deployment.

"Crypto & AI data centers can support clean energy, but they're burning more fossil fuels & driving up families’ energy prices instead," the X account representing the Democrats of the Senate Committee on Environment and Public Works wrote. "We can lead on AI & climate safety with [Whitehouse]’s Clean Cloud Act, which ensures that the industries profiting also pay their own way."

The facilities would also be required to make detailed annual reports about their electricity consumption and sourcing, allowing the EPA to calculate the greenhouse gas emission intensity of each facility, and evaluate any possible fines based on the regional caps.

The responsibility for paying the fines would be assigned to the tenants leasing the facilities, not the landlords, which could loop in startups renting server space to the reporting requirements and fines.

The bill will likely face opposition from Republicans in Congress. President Trump has expressed a desire for the United States to become the world's most significant Bitcoin mining power. President Trump's eldest sons are also planning to take their own Bitcoin mining company public, The Block previously reported.

@ Newshounds News™
Source:  The Block

~~~~~~~~~

SENATOR ELIZABETH WARREN LAUNCHES FRESH OFFENSIVE ON CRYPTO

▪️Senators Elizabeth Warren, Mazie K. Hirono, and Dick Durbin want the DoJ’s decision to terminate crypto investigations reversed.

▪️The Senators raise concerns over the DoJ’s shift in priorities, terming it a “grave mistake.”

▪️The lawmakers point out possible conflicts of interest, highlighting President Trump’s cryptocurrency ventures as potential beneficiaries.

Senators Elizabeth Warren (ranking member of the United States (US) Senate Committee on Banking, Housing, and Urban Affairs) alongside Mazie K. Hirono (senior member of the Senate Judiciary Committee) and Dick Durbin (ranking member of the Senate Judiciary Committee) led a team of six senators calling on the Deputy Attorney General Todd Blanche to recall and reverse the decision taken by the Department of Justice (DoJ) to terminate cryptocurrency investigations and prosecutions.

The decision reported by FXStreet was communicated to the agency’s staff in a memo and included information on the disbandment of the National Cryptocurrency Enforcement Team (NCET), which was established to investigate and prosecute people charged with the criminal misuse of digital assets.

Senators protest the DoJ decision to terminate cryptocurrency investigations

The Senators addressed their concerns in a letter sent to Deputy Attorney General Todd Blanche, raising concerns about a conflict of interest between the DoJ’s decisions and US President Donald Trump and his family’s cryptocurrency ventures.

According to the lawmakers, the memo gives “a free pass to cryptocurrency money launderers,” referring to the actions as “grave mistakes that will support sanctions evasion, drug trafficking, scams and child sexual exploitation.”

The DoJ memo outlined that the agency will no longer act on several federal laws targeting entities and institutions that deal with cryptocurrencies.

The list included mixing and tumbling services often utilized as conduits for hiding illegal assets and laundered money — proceeds from illegal activities like scams, drug trafficking, child sexual abuse and theft.

“Drug traffickers, terrorists, fraudsters, and adversaries will exploit this vulnerability on a large scale,” the Senators wrote, adding that “further increasing the risks posed by bad actors is your decision to disband NCET, which has coordinated a Department-wide effort to prosecute illicit activity involving cryptocurrency.”

Blanche’s memo indicated that the resolution to disband NCET would ensure that the DoJ “focus on other priorities, such as immigration and procurement frauds.”

The letter also stipulated that the shift in the DoJ’s priorities hints at the conflict of interest with President Trump and his family potentially selling cryptocurrency and avoiding “law enforcement scrutiny.”

The Senators concluded their letter by requesting Blanche to reconsider the decisions communicated in last week’s memo.

President Trump’s administration has implemented several major actions aimed at creating a crypto-friendly environment in the US. On January 23, an executive order was signed to foster regulatory clarity and ban central bank digital currencies (CBDCs).  On March 6, the President signed an executive order establishing a strategic Bitcoin reserve and digital assets stockpile.

Other actions taken by President Trump include establishing a crypto task force and spearheading a policy shift at the Securities and Exchange Commission (SEC). On January 23, the SEC canceled Staff Accounting Bulletin No. 121 (SAB 121), which made it difficult for institutions to hold and custody digital assets.

At the time of writing on Monday, Bitcoin (BTC) and other cryptocurrencies remain relatively elevated from early last week’s levels, which had been battered by President Trump’s reciprocal tariffs. The President suspended the tariffs for 90 days on Wednesday, triggering relief rallies in global markets, including crypto.

@ Newshounds News™
Source:  FX Street

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Sunday Afternoon 4-13-25

Good Afternoon Dinar Recaps,

SEC PUBLISHES DISCLOSURE GUIDANCE FOR CRYPTO ISSUERS

The US Securities and Exchange Commission (SEC) published guidance on the application of disclosure requirements to crypto-asset securities issuances. It acknowledged that this is an interim step while the SEC Crypto Task Force works on comprehensive guidance. Issuers are expected to comply for the issuance of debt or equity, or a crypto-asset token which is an investment contract at the point of issuance.

Commissioner Peirce has previously noted that many cryptocurrency tokens might be investment contracts subject to securities laws at the point of issuance, but subsequently evolve into commodities. Precisely how that transition is assessed remains to be seen.

The latest guidance might be described as a layman’s guide of what is expected in an S-1 filing, which is made for a securities issuance. However, there are a few points that will particularly impact crypto projects.

Securities: Disclosures that crypto firms need to adapt to

For example, we’ve seen a few crypto projects where the description appears overly technical. The SEC says the business description must be “presented in clear, concise, and understandable language, without overly relying on technical terminology or jargon.”

Some crypto projects have pseudonymous founders. The problem is someone who is extremely dodgy and has been convicted of crimes will embrace the opportunity to take on a pseudonymous persona. While the guidance doesn’t mention pseudonymous founders, it clarifies that officers have to be identified, including those that may not have formal roles but “perform policy-making functions”.

Beyond the very early stages, the issuers of most cryptocurrencies don’t know the identities of the token holders. But at the point of issuance they at least know their wallet addresses. Securities laws require there to be a record of ownership, and the issuer has to disclose where that record is held. This will require crypto firms to get more investor data at issuance and could prove tricky in the early stages of secondary market trading.

Another topic that many crypto firms don’t really address, is what happens if the project fails. Who has the rights to what? That’s something that securities disclosures demand. Additionally, many crypto projects when issuing tokens are often vague about who owns the equity in the issuer. Again, that does not fly in a compliant world.

These new disclosure expectations represent just one element of the SEC’s evolving approach to cryptocurrency regulation under the new leadership of Acting Chair Uyeda. The first action was to rescind SAB 121 that prevented banks from providing digital asset custody.

It has provided guidance on meme coins, crypto mining and stablecoins. Plus, it created a crypto taskforce, which held the first of several crypto roundtables, and it withdrew from various legal cases.

@ Newshounds News™
Source:  Ledger Insights

~~~~~~~~~

BRICS LAUNCHES INITIATIVE FOR INTERNATIONAL PAYMENTS SYSTEM

Amid increased geopolitical uncertainty, the BRICS alliance is taking action, as the bloc has launched an initiative for an international payment system. Indeed, Russian foreign minister Sergey Lavrov has announced the efforts for the bloc to create a payment system that rivals the Western-dominated SWIFT in a recent statement.

The efforts come as a global trade war appears to be inching closer. China, one of the original BRICS countries, is caught in a battle of increased tariffs with the United States that may soon create even more divide and disdain between the West and the Global South.

BRICS Launching New Payment System Initiative Amid Rising Global Tensions

The global economy has seen tension increase over the last two weeks. Specifically, the United States unveiled a new Liberation Day tariff plan, introducing a baseline 10% import duty on all nations. The move sparked concern and outrage, with several countries responding in kind.

The US stock market plummeted, with the economy’s fragility being placed front and center. So, the country opted to place a 90-day pause on the tariff for every nation outside of China. However, the presence of these economic policies has not come without preparatory actions by various nations. Among them is BRICS, which officially launched an initiative for an international payment system.

Russian official Sergey Lavrov discussed the project in a recent statement. “There is an opportunity to form payment platforms that are independent of external influence,” he said. “One of the options is the financial messaging system of the Russian Central Bank.”

Moreover, Lavrov added that the project would be “convenient and completely independent of SWIFT.” Additionally, he highlighted the presence of “several other initiatives under discussion, including within the BRICS framework.”

The proposal to create an alternative payment platform was proposed by Brazil, Lavrov confirmed. Indeed, Brazil is the 2025 BRICS chairman and has been outspoken in its de-dollarization hopes for much of the last several years. This move appears to be aligned with that perspective.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Sunday Morning 4-13-25

Seeds of Wisdom RV and Economic Updates Sunday Morning 4-13-25

Good Morning Dinar Recaps,

NEW YORK LAWMAKER INTRODUCES BILL THAT WOULD ALLOW STATE AGENCIES TO ACCEPT CRYPTO PAYMENTS

A new bill working its way through New York’s legislature would allow residents to pay state agencies with crypto.

New York State Assemblyman Clyde Vanel (D-Queens) introduced Assembly Bill A7788 on Thursday, and the potential legislation was referred to the Standing Committee on Governmental Operations.

If passed, the bill would enable all state agencies to enter into agreements with individuals to receive crypto payments for fines, civil penalties, rent, rates, taxes, fees, charges, revenue and/or financial obligations.

Other states have also taken similar steps. In 2022, Colorado became the first state to accept crypto for tax payments, and last September, Louisiana enabled its residents to pay for state services with digital assets. Similar bills have also bubbled up in California and Florida.

Vanel introduced similar bills in 2017, 2019, 2021 and 2023. The lawmaker, who has a long history of supporting crypto-related legislation, also recently introduced Assembly Bill 7716, which would direct the New York State Board of Elections to study and evaluate the use of blockchain technology to protect voter records and election results.

If passed, the bill would require the State Board of Elections to submit a report about blockchain technology to the governor and the legislature within a year of the legislation taking effect.

@ Newshounds News™
Source:  DailyHodl

~~~~~~~~~

WHAT HAPPENS IF BRICS DITCHES THE US DOLLAR?

The US dollar is the most important currency in the markets that controls and dominates the world’s financial sector. Almost all cross-border transactions, trade settlements, and foreign exchange conversions are conducted using the USD. Local currencies are far behind with little to no chance of becoming the global reserve currency.

This gives the White House the power to weaponize the currency and control the world’s trade and finances. BRICS has decided to put an end to the US dollar domination by giving local currencies a chance to compete against the greenback.

Here’s What Will Happen If BRICS Ends US Dollar Reliance

The BRICS alliance is scheming to replace the US dollar with either a new currency or their local currencies. The bloc is divided in the prospects but is united to achieve the goal by hook or crook. They also confirmed that despite slow progress, the alliance’s long-term goal is to bring the US dollar down.

America imports the USD to other countries and using it for transactions leads to surplus. However, ending reliance on the greenback will lead to a deficit allowing the economy to face a crisis.

Top 3 US sectors that could decline if BRICS ditches the dollar for trade:

1.  Banking and Finance
2.  Technology and Fintech
3.  International Trade and Investment

These three sectors will be the hardest hit and lose control if BRICS officially ditches the US dollar for trade. All three sectors are closely linked to the American economy and the financial markets as we know it will fall apart.

Turbulence in the banking and investment sector will spill over to other markets eventually bringing the US economy down. It could lead to hyperinflation in the homeland making the costs of daily essentials skyrocket. Consumer spending could decline and eat into revenues of American corporations eventually leading to job losses.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Saturday Morning 4-12-25

Good Morning Dinar Recaps,

SEC CRYPTO ROUNDTABLE EXPLORES UNIFIED LICENSING AND REGULATORY CLARITY

The second roundtable hosted by the SEC’s Crypto Task Force was held in Washington, with the purpose of addressing how the existing regulatory framework can better facilitate crypto asset trading in the United States.

Mark Uyeda opens the event

Acting Chairman Mark Uyeda presided over the session, joined by Commissioners Hester Peirce and Caroline Crenshaw. The conference was called “Between a Block and a Hard Place” and brought together the most important players from both the traditional and crypto finance world to achieve practical solutions for making blockchain technology a part of the current markets.

Nicholas Losurdo serves as moderator

The panel members were representative of a broad spectrum of institutions. Nicholas Losurdo, a partner at Goodwin Procter LLP, was the roundtable moderator. Gregory Tusar, Coinbase’s Vice President of Institutional Product, provided perspective from one of the largest US crypto exchanges.

Tyler Gellasch emphasizes crypto broker registration

Tyler Gellasch, President and CEO of Healthy Markets Association, made a strong point about crypto brokers registering with regulators so that there is transparency and improved oversight of the markets. He also made the point that brokers should know whom they are dealing with, instead of just encrypted information.

Jon Herrick, New York Stock Exchange Chief Product Officer, discussed the effect of ETF approvals, indicating that they have simplified investor entry into digital assets through known and regulated pathways. He further noted that ETFs potentially enable traditional financial institutions to utilize digital assets in new ways, most notably as collateral.

Dave Lauer supports transparency and fair markets

Richard Johnson, founder and CEO of Texture Capital, and Dave Lauer, co-founder of Urvin Finance and We the Investors, both commented on how markets might evolve to facilitate tokenized assets.

Katherine Minarik gives a DeFi legal view

Chief Legal Officer of Uniswap Labs Katherine Minarik represented the DeFi industry and the ways decentralized platforms are structured differently than traditional exchanges. Christine Parlour, Finance and Accounting Chair at UC Berkeley, offered academic perspectives on structural changes required to enable regulation to be more effective.

Chelsea Pizzola, Associate General Counsel at Cumberland DRW, and Austin Reid, FalconX Global Head of Revenue and Business, added their legal and institutional trading industry perspectives in the crypto sector.

Hester Peirce reflects on learnings from the first roundtable

Hester Peirce, a Commissioner of the SEC, said that she found the initial roundtable useful in informing her opinion on when crypto assets would be subject to securities laws. She hoped this roundtable would be as fruitful, pointing to the diversity of participants—from national securities exchanges and alternative trading systems to crypto-native companies.

Richard Gabbert, the head of the Crypto Task Force, was supposed to emphasize the importance of investor-centric regulation. The conversation pointed out that existing federal regulations were not written with blockchain and decentralized finance in mind, resulting in mismatches between how crypto markets operate and how they are regulated.

The roundtable also discussed the age-old problem of state-by-state licensing under which crypto exchanges such as Coinbase have to get licensed in all 50 states. Many in the industry are advocating for one SEC license with which they can operate nationwide, which would ease compliance and make operating less cumbersome.

Panelists explained how current rules such as the order protection rule or prohibitions on listing unregistered securities cause issues when attempting to bring tokenized securities into traditional markets.

They also recognized that crypto platforms tend to be different, having custody, clearing, and execution all on the same platform, as opposed to the distinct systems in traditional finance.

In spite of these difficulties, there was a general optimism about the potential of blockchain to transform the way markets operate. From 24/7 trading through smart contracts to enhancing collateral management and settlement of transactions, the roundtable demonstrated that most industry leaders view blockchain as a means to make financial systems more efficient.

The SEC is weighing whether to grant temporary exemptions to spur innovation while longer term rules are being formulated.

In total, the roundtable emphasized that regulators and market participants must work together to develop a framework that benefits both innovation and investor protection.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

CRYPTO EXCHANGES LIKE COINBASE MAY SOON GET A REGULATORY SANDBOX TO PLAY IN

SEC leadership floated the possibility Friday of regulatory exemptions that would allow crypto exchanges to experiment with the trading of tokenized securities.

The SEC’s leadership suggested Friday it would be open to establishing a so-called regulatory sandbox for digital assets that would allow crypto exchanges to freely experiment in novel sectors—including, potentially, offering the trade of tokenized securities.

Tokenized securities are versions of traditional securities offerings, like stocks and bonds, that are issued as fungible assets on blockchain networks.

In remarks preceding the agency’s second-ever digital assets roundtable on Friday—this one focused on crypto trading—Republican commissioners floated the idea of issuing exemptions that would soon allow crypto exchanges like Coinbase to dabble in offering tokenized securities alongside crypto products.

“I encourage market participants that are developing new ways to trade securities using blockchain technology to provide input on where exemptive relief may be appropriate,” Acting SEC Chair Mark Uyeda said in a pre-recorded video statement.

Uyeda specified that a “time-limited, conditional exemptive relief framework” could offer unregistered crypto exchanges the freedom to innovate in areas like tokenized securities before rules and laws are written on the subject.

Commissioner Hester Peirce, who leads the agency’s new crypto task force, echoed that sentiment in live remarks at the SEC’s Washington headquarters Friday—endorsing the potential value of an exemptive relief framework for crypto exchanges.

“Participating firms could see what works and what doesn’t, technically and commercially,” she said. “Such trials could inform the Commission’s rulemaking efforts.”

Last year, Peirce endorsed the concept of a “digital securities sandbox” that would have allowed American crypto firms to join British ones in experimenting with “the issuance, trading, and settlement of securities.” Given that crypto-skeptical SEC chair Gary Gensler controlled the Commission at the time, the idea did not get far.

@ Newshounds News™
Source:  Decrypt

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Friday Afternoon 4-11-25

Good Afternoon Dinar Recaps,

CHINA IMPOSES NEW TARIFFS, BLAMES US FOR GLOBAL TENSIONS

China has responded sharply to U.S. President Donald Trump’s latest tariff hike, calling the United States a “joke” and imposing retaliatory tariffs of its own, as European Union leaders prepare an unusual visit to Beijing amid growing global trade tensions.

Xi Criticizes Trade Isolation

China responded forcefully on Friday to a dramatic tariff increase by the United States, announcing a 125% tariff on American goods and calling the U.S. approach to trade “economic bullying,” the Times of India reports. The move came just hours after U.S. President Donald Trump raised duties on Chinese imports to 145%, a decision that Beijing said violated international trade rules.

In a statement, China’s commerce ministry accused Washington of turning the tariff dispute into a “numbers game,” stating that such actions lacked economic rationale and only served to undermine U.S. credibility. “The successive imposition of excessively high tariffs on China by the U.S. has become nothing more than a numbers game,” a ministry spokesperson said. “It merely further exposes the U.S. practice of weaponizing tariffs… turning itself into a joke.”

China Imposes New Tariffs, Blames US for Global Tensions

The Times of India report explains that the new tariffs will take effect on Saturday, according to China’s State Council Tariff Commission. The Chinese government emphasized that the action was defensive in nature and framed it as a necessary response to what it called “completely unilateral” moves by the U.S.

On Truth Social, Trump proclaimed, “We are doing really well on our TARIFF POLICY. Very exciting for America, and the World!!! It is moving along quickly.” During the interval when he temporarily halted certain global tariffs, he added that China remained in the crosshairs “based on the lack of respect that China has shown to the World’s Markets.”

The Times of India further noted that President Xi Jinping also weighed in, saying China is not intimidated by external pressure. Speaking with Spanish Prime Minister Pedro Sánchez, Xi declared, “There are no winners in a trade war, and going against the world will only lead to self-isolation.”

European Union Officials Reportedly Set to Visit Xi in July, Yuan Weakens

As the standoff escalates, Bloomberg and the South China Morning Post (SCMP) reported that top European Union officials are reportedly preparing a rare mid-year visit to Beijing for talks with Xi. 

Citing five unnamed sources, the SCMP disclosed that the visit could take place in late July, breaking with tradition that typically sees the Chinese delegation travel to Europe.

The move signals the EU’s interest in aligning more closely with China on trade, especially as it faces potential fallout from the U.S.’s aggressive tariff strategy. Xi has urged European partners to unite in resisting what he called “unilateral bullying.”

Meanwhile, China filed two complaints with the World Trade Organization (WTO) to challenge the legality of the U.S. tariffs, while Xi prepares for diplomatic visits to Vietnam, Malaysia, and Cambodia in a bid to strengthen regional alliances amid mounting tensions.

As of April 11, 2025, the Chinese yuan (CNY) has exhibited a modest recovery in its valuation against the U.S. dollar. Just two days prior, on Wednesday, April 9, the yuan slipped to depths not seen in over 17 years, settling at 7.3498 per dollar—its weakest close since Dec. 2007.

In parallel, the DYX Dollar Index on Friday registered a three-year low against a composite of major fiat currencies, touching 99.314 in the early trading session.

@ Newshounds News™
Source:  Bitcoin News

~~~~~~~~~

XRP SET TO EXPLODE? RIPPLE AND SEC FILE JOINT REQUEST

XRP shot up almost 3% in the past 24 hours after Ripple and the SEC submitted a joint filing for a 60-day pause to their appeals and cross-appeals.

▪️Ripple and SEC pause legal battle, signaling a near-final settlement that could reshape crypto regulation.

▪️XRP trades near critical resistance at $2.10, with RSI and Bollinger Bands hinting at an imminent breakout.

▪️The SEC withdrew its appeal in March against Ripple Labs, sparking settlement rumors.

American fintech firm Ripple and its cryptocurrency XRP are once again the center of attention in both legal and market circles amid a notable development in the legal battle against the United States Securities and Exchange Commission (SEC).

At press time, the cryptocurrency is trading at $2.02, up 2.83% on the day, with technical indicators hinting at a potential trend reversal, as per CoinMarketCap data.

Legal Clarity in Sight: A 60-Day Pause Toward Settlement

Ripple and the SEC have jointly filed a motion to place their respective appeals and cross-appeals in a 60-day temporary suspension, suggesting both parties are edging closer to a settlement.

According to the filing, the pause will give them time to finalize an agreement-in-principle that could resolve the lawsuit completely, pending approval from the SEC.

This marks a crucial development in the landmark case that began in late 2020, when the SEC accused Ripple of conducting unregistered securities sales via XRP.

The case has held major implications for how cryptocurrencies are regulated in the United States.

A changing political climate, sparked by the election of President Trump, appears to have softened the SEC’s stance on crypto overall.

In recent months, the regulator has dropped lawsuits against other major crypto firms such as Coinbase and Kraken.

Last month, Ripple CEO Brad Garlinghouse revealed that the SEC had already withdrawn its appeal against the ruling that said the firm’s programmatic XRP sales didn’t violate securities laws.

Ripple, in turn, has decided not to pursue its cross-appeal.

With both sides easing up and aiming to conserve resources, the groundwork is laid for a negotiated conclusion to one of crypto’s most closely watched legal sagas.

XRP Price Analysis

From a technical standpoint, XRP is currently navigating a critical juncture. The daily chart reveals that the price is hovering just below the 20-day EMA at $2.10, a key resistance level.

A clean break above this could catalyze further upside momentum.

The Bollinger Bands are tightening, with the upper band at $2.50 and the lower band at $1.77, indicating a period of volatility compression.

This often precedes a breakout, though the direction remains uncertain. A move above $2.10 with strong volume could see XRP test the upper band around $2.50, while a rejection could drag it back toward the lower band near $1.77.

Meanwhile, the Relative Strength Index (RSI) is at 44.61, with its moving average at 39.76, still in neutral territory but edging upward.

This suggests that momentum is gradually building after a prolonged cooldown phase. If RSI crosses above 50, it could signal a bullish shift in sentiment.

@ Newshounds News™
Source:  CoinSpeaker

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Friday Morning 4-11-25

Good Morning Dinar Recaps,

TRUMP MAKES HISTORY SIGNING FIRST CRYPTO BILL INTO LAW -  THE LAW REPEALS THE IRS’S CONTROVERSIAL 'DEFI BROKER RULE'

In a historic move, President Trump has signed into law a bill that blocks the Internal Revenue Service from collecting tax reporting data from decentralized crypto platforms.

It marks the first time a cryptocurrency-specific piece of legislation has become law in the United States.

The bill, introduced under the Congressional Review Act by Republican Senator Ted Cruz (R-TX) to repeal the IRS’s so-called “DeFi broker rule,” passed the Senate on March 26 with overwhelming bipartisan support in a 70–28 vote. A similar version, led in the House by Congressman Mike Carey (R-OH), had passed with a comparable ‘supermajority’ just two weeks earlier.

The controversial DeFi broker rule, introduced in the final days of the Biden administration, would have required decentralized crypto entities, such as exchanges without a central governing body, to comply with traditional IRS reporting requirements. 

Critics argued that the mandate was overly burdensome, risked stifling innovation, and could significantly hinder growth in the DeFi sector.

“This rule would have undermined American leadership on cryptocurrency and I am grateful to President Trump for signing my resolution into law,” Cruz, who attended the signing ceremony Thursday afternoon, told Crypto In America. “The resolution is a victory for innovation, privacy, and economic freedom.”

“We are protecting the developers who are building the future of cryptocurrency, making clear that the United States will not cede digital leadership to China, and preserving the ability of Americans to conduct transactions without government interference,” Cruz added.

The move is being hailed as a victory by industry leaders who are looking to the crypto-friendly Trump administration to safeguard the rights of builders and software developers, who felt they were unfairly targeted by the regulation-heavy Biden administration.

“This bipartisan action underscores our nation's commitment to fostering innovation and ensuring that Americans retain the freedom to choose how they transact, said Amanda Tuminelli, CEO of the DeFi Education Fund, an advocacy group focused on decentralized finance. “President Trump’s signature is a critical signal change for the crypto industry: the United States has embraced a sensible, forward-thinking approach to digital assets.”

The bill signing marks the second major win for DeFi proponents this week, following a Monday memo from the Deputy Attorney General clarifying that the DOJ will no longer pursue software developers for actions taken by third-party users on their platforms.

@ Newshounds News™
Source:  CryptoInAmerica

~~~~~~~~~

SEC DROPS SUIT AGAINST HELIUM FOR ALLEGED SECURITIES VIOLATIONS

The agency's lawsuit against Helium was its final action under former Chair Gary Gensler, aiming to penalize a crypto firm for a token launch.

The US Securities and Exchange Commission (SEC) has dismissed a lawsuit against Nova Labs, developer of decentralized wireless network Helium, for allegedly issuing unregistered securities, Helium stated in an April 10 blog post.

Filed in January 2025, the lawsuit was among the SEC’s final enforcement actions against a cryptocurrency developer under former Chair Gary Gensler, who stepped down from his post on Jan. 20 after US President Donald Trump took office.

The dismissal with prejudice means the blockchain developer cannot be charged with similar violations again for issuing in 2019 its native token Helium, the company said.

“[W]e can now definitively say that all compatible Helium Hotspots and the distribution of HNT, IOT, and MOBILE tokens through the Helium Network are not securities,” Helium said.

“[T]he outcome establishes that selling hardware and distributing tokens for network growth does not automatically make them securities in the eyes of the SEC [and] that the SEC cannot bring these charges against Helium again,” it added.

The SEC’s Helium reversal came the same day Trump-nominee Paul Atkins formally replaced Gensler as SEC Chair after a lengthy confirmation process in the Senate.

Helium is a blockchain network designed to let “anyone build and own massive wireless networks,” according to its website. The protocol reports having roughly 375,000 active hotspots.

According to CoinGecko, HNT has a market capitalization of approximately $480 million as of April 10 — down from highs of more than $5 billion in November 2021.

Changing policy stance

Under Gensler, the SEC brought upward of 100 charges against Web3 developers for various alleged securities violations.

Since Trump took office, the SEC has sharply reversed course, dropping numerous charges against crypto firms, including Coinbase, Kraken, Ripple and Uniswap.

Trump has positioned himself as a pro-crypto President, promising to make America the “world’s crypto capital,” appointing industry-friendly leaders to key regulatory posts, and ordering the federal government to create a national Bitcoin reserve.

For some crypto executives, Trump's policies — such as announcing sweeping tariffs on US imports in April — threaten to stymie crypto’s progress.

@ Newshounds News™
Source:  CoinTelegraph

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Thursday Evening 4-10-25

Good Evening Dinar Recaps,

NEW HAMPSHIRE HOUSE PASSES STATE BITCOIN RESERVE BILL

The “Live Free or Die” state is one step closer to embracing Bitcoin after the House of Representatives passed a reserve bill.

A bill proposing the creation of a state Bitcoin reserve was passed by the New Hampshire House of Representatives on Thursday.

The House’s vote on New Hampshire Bill HB302, which if passed would allow the state’s treasury to invest in precious metals and digital assets, held a difference of just 13 votes, with 192 representatives voting for the bill and 179 voting against.

The bill will now move on to the New Hampshire Senate.

“We’re tied to the U.S. dollar, whether we like it or not, but this would allow us to have the state invest a small portion into this uncorrelated, new asset class,” New Hampshire Representative and bill proposer Keith Ammon previously told Decrypt.

Proposed in January, the bill would allow the state’s treasury to allocate up to 5% of the state’s public funds to eligible assets, based on text from the House’s amended bill. The initial proposal suggested an allocation of up to 10% of the state’s public funds.

Those funds can be used on precious metals like silver or gold, or…"any digital assets with a market capitalization of over $500 billion averaged over the previous calendar year.” Only Bitcoin meets that requirement, as of this writing.

New Hampshire’s treasury carried around $3.6 billion in funds as of its most recent annual report, meaning the state could buy up to approximately $181 million worth of precious metals or Bitcoin.

If spent only on crypto’s top asset, at today’s price of $79,755, that would give the Granite State a reserve of around 2,269 BTC. Bitcoin is down about 3.5% on the day, per data from CoinGecko.

The bill indicates that digital assets held by the state must be held by a qualified custodian, by the treasurer with a secure custody solution, or via an exchange traded product from a registered investment company.

New Hampshire is one of many states considering Bitcoin reserve bills, some of which have thus far failed to push them through their respective Houses—like in Pennsylvania and Wyoming.

President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve for the United States on March 6.

@ Newshounds News™
Source:  Decrypt

~~~~~~~~~

NORTH CAROLINA LAWMAKER INTRODUCES DIGITAL ASSET FREEDOM ACT

North Carolina joins the growing list of US states attempting to pass comprehensive digital asset bills as a hedge against inflation.

North Carolina (NC) representative Neal Jackson introduced the North Carolina Digital Asset Freedom Act on April 10. The bill proposes that qualifying "digital assets" be accepted as a legally recognized form of payment and for taxes.

Although the language of the bill does not specifically mention Bitcoin, there are several provisions laid out that make BTC uniquely qualified under the bill's definition of a "digital asset."

These stipulations include a minimum market capitalization of $750 billion and a daily trading volume of over $10 billion, a market history of 10 years or more, proven censorship resistance, proof-of-work consensus, lack of a central authority, 99.98% or more network uptime, and a maximum supply cap. The bill read:

"The General Assembly further finds that decentralized digital assets, which are not governed by any central entity or foundation, align with the economic principles of limited, noninflationary money and are capable of ensuring the security and integrity of transactions."

Jackson's bill is merely the latest in state-led Bitcoin strategic reserve legislation in the United States amid inflation concerns, high US federal debt and a depreciating currency.

North Carolina takes a firm stance against CBDCs

Former North Carolina Governor Roy Cooper vetoed a bill banning a central bank digital currency (CBDC) in July 2024. At the time, Cooper characterized the bill as "premature, vague, and reactionary" to threats that have not yet materialized.

In August 2024, the North Carolina House of Representatives overrode Cooper's veto in a definitive and bipartisan 73-41 vote.

The North Carolina Senate followed suit by overriding Cooper's veto in a 27-17 vote and passed the anti-CBDC legislation into law in September 2024.

Dan Spuller, the head of industry affairs at crypto advocacy organization the Blockchain Association, applauded the action taken by NC lawmakers to push back against the tide of CBDCs.

"This bill should have never been vetoed, and Governor Cooper blew an opportunity to send a strong message to the Federal Reserve that NC stands united against CBDCs," Spuller wrote in a Sept. 9 X post.

@ Newshounds News™
Source:  CoinTelegraph

~~~~~~~~~

BRICS: US DOLLAR IS NOW AN UNRELIABLE CURRENCY, SAY ANALYSTS

BRICS is doing everything to puncture the prospects of the US dollar as the White House is accused of weaponizing the currency. The bloc kick-started the de-dollarization agenda and is now convincing emerging economies to trade in local currencies. The alliance has been successful as many developing countries signed trade deals settling cross-border transactions in native currencies.

If the White House fails to import the dollar, the U.S. could enter a new era of hyperinflation. The US dollar needs to maintain its dominant position in the currency markets to make other countries absorb its deficit.

BRICS: The US Dollar Losing Its Reliability, Say BMO Analysts

Commodity analysts at BMO Capital Markets wrote that the US dollar is losing its sheen and BRICS is leveraging the development. The notion to push local currencies ahead for trade and transactions is easier now than ever before. “The US dollar is no longer seen as a reliable reserve asset,” wrote the analysts. The note added, “Looking at the broader picture, the combination of deficit spending, tariffs, and pressures on smaller nations has fueled market uncertainty. Increased uncertainty typically leads to lower interest rates for Treasuries but also causes turbulence in equity markets,” he said.

The recent stock market crash is also a cause of worry as investors lose trust in the trade sector. The note added that BRICS could also put gold forward and diversify their reserves more without the US dollar.

“Recently, we’ve seen heightened volatility and a meaningful decline in equities from their highs earlier this year. This underscores a fundamental question: What can people truly trust? The answer remains a physical metal, gold, which has preserved its value for thousands of years and has never been debased, unlike every currency in history.”

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 4-10-25

Good Afternoon Dinar Recaps,

PRESIDENT TRUMP USHERING IN CRYPTO ‘GOLDEN AGE,’ WHITE HOUSE OFFICIAL SAYS

The return of US President Donald Trump has come with some concern, but according to one White House official, his administration is set to usher in a new crypto ‘golden age.’ Indeed, Trump’s executive director of digital assets, Bo Hines, recently discussed the impact that his presence will have on cryptocurrency development in the country.

In a post to X (formerly Twitter), Hines called Trump the “true crypto President.” He noted that his stance on the emerging asset class will propel growth. Moreover, he said this effort will help crypto companies that “were victims of a weaponized justice system under the Biden regulatory regime.”

White House Official Says Trump Administration Will Bring New Golden Age for Crypto in US

It has certainly been a volatile start to US President Donald Trump’s second term thus far. Just three months into the year, the returning administration has sought to balance trade with the presence of new Liberation Day tariffs. Subsequently, the move greatly affected the US stock market, with a monumental crash and recession fears abounding the economic outlook.

However, the administration is still hopeful that the short-term struggle will benefit the country in the long term. Moreover, it is optimistic about one key industry that could surge over the next four years. Indeed, US President Trump is poised to usher in a crypto ‘golden age,’ according to White House official Bo Hines.

Speaking to Fox News, the top cryptocurrency policy official for the administration discussed the industry’s potential. “The president has made this a priority, and it is a testament to his leadership and his knowledge of the space,” Hines said.

“Unlike any president before him, he has truly embraced this technological development in a way that no one else has, which has allowed us to do what we need to do to make the United States the crypto capital of the world,” he added.

Hines also notes that the administration is “clearing the deck” of Biden-era policies. Indeed, the previous president had a well-established opposition to the industry. Yet, things have already changed drastically in the early months of Trump’s return. Things should continue, with Standard Chartered saying Bitcoin has $500,000 upside under Trump.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

ELIZABETH WARREN ACCUSES TRUMP OF MARKET MANIPULATION OVER TARIFF CHAOS

Senator Warren accuses Trump of market manipulation through erratic tariff decisions, alleging insider profit.

Trump's unpredictable tariffs, including a sudden hike on Chinese goods and a temporary pause, are causing market instability and economic uncertainty.

Congress is facing pressure to investigate Warren's claims and address the economic impact of Trump's tariff policies.

President Donald Trump’s 90-day tariff pause gave crypto markets a brief moment to breathe—but the calm didn’t last long. Behind the scenes, political tensions are heating up fast. U.S. Senator Elizabeth Warren is now going after Trump with serious accusations, claiming his unpredictable tariff moves may have been more than just bad policy. She says they might have been a calculated play to benefit his wealthy allies.

Could these sudden shifts in trade policy be more than meets the eye? The story gets deeper—and more explosive—the further you look.

Is Trump Playing the Market?

Warren is urging an independent investigation to find out whether Trump’s sudden tariff changes were meant to benefit his wealthy Wall Street allies. She argues that his actions go beyond bad economic planning and could point to deeper issues. Calling the pattern “corruption,” Warren claims that insiders close to Trump may have made profits by taking advantage of market chaos.

One of Warren’s main concerns is the sharp increase in tariffs on Chinese goods—from 105% to 125%—which caught markets off guard. Around the same time, Trump announced a 90-day pause on tariffs for other countries. This brief relief calmed the markets temporarily, but Warren believes the timing may have been deliberate—giving insiders a chance to “buy the dip” before prices bounced back.

Economic Warning Signs Are Flashing

Warren didn’t stop there. She blamed Trump’s constant changes in trade policy for hurting the U.S. economy, saying the “flip-flopping” has shaken investor confidence. With factory output slowing and job openings (JOLTS data) showing weakness, fears of a possible recession and rising inflation are growing.

From the Senate floor, Warren called on Congress—especially Republicans—to take action and put an end to what she calls “Trump’s tariff chaos.” She warned that this unpredictable approach to trade could cause even more damage to the economy if left unchecked.

More Lawmakers Join In

Representative Steven Horsford also criticized Trump’s sudden tariff reversal, saying it might be an example of market manipulation. He questioned who benefited from the move, hinting that billionaires may have taken advantage of the situation. His comments reflect growing concern in Congress that Trump’s trade policies are helping a select few while creating volatility.

Other lawmakers have also raised red flags, worried that Trump’s unpredictable trade strategy could harm the U.S. economy in the long run.

Former National Security Advisor John Bolton also voiced his disapproval. He said Trump’s tariff approach is flawed, and instead of working with allies to hold China accountable for intellectual property theft, Trump has picked fights with major trading partners.

As political and economic tensions rise, attention is now on Congress. Will lawmakers launch a formal investigation into Warren’s claims of market manipulation? For now, the pressure is building—and the markets are watching closely.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps