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News, Rumors and Opinions Tuesday 1-21-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts to the Restored Republic via a GCR: Update as of Tues. 21 Jan. 2025
Compiled Tues. 21 Jan. 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Tues. 14 Jan.: “All the information is saying “Next week.” …JFK Awakening Q17 on Telegram
Sat. morning 18 Jan. 2025 CMKX Holders expecting notification within 72 hours
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts to the Restored Republic via a GCR: Update as of Tues. 21 Jan. 2025
Compiled Tues. 21 Jan. 2025 12:01 am EST by Judy Byington
Global Currency Reset:
Tues. 14 Jan.: “All the information is saying “Next week.” …JFK Awakening Q17 on Telegram
Sat. morning 18 Jan. 2025 CMKX Holders expecting notification within 72 hours
Mon. 20 Jan. Wolverine: Hi guys I like to offer a incredible thank you to an incredible humanitarian Charlie Ward as he was always right that nothing was going to happen till Biden is removed from power and he told me that two years ago and he never ever waived from that. I should’ve listen to him and stayed on that course. Most of the Intel during all this time was total disinformation to catch the bad guys and I suppose people like myself were used to deliver disinformation not to harm you but to catch these criminals. Tomorrow Tues. 21 Jan. 2025 everything starts. I was told but not confirmed that notifications will start tonight and if it does happen the opera will be up. God bless you all we are finally here. Wolverine
Earlier Wolverine Posts: “Things are in motion. The Tier 4B group things won’t start until two or three hrs after the inauguration on Mon. 20 Jan. T4B Event Intel said at Sunrise tomorrow, Tues. 21 Jan 2025, the IQD should be on the London Stock Exchange and already climbing and short on the heels of the Lira. The British pound shall fall. Q Military: “Long Live the Dinar.” Mountain Goat: “I am told by my CBI contact that they are giving Iraq a “thumbs up” to move ahead.” God Bless, Wolverine
Tues. 21 Jan. 2025 US reaches it’s debt limit, Trump has to do something to fund the government.
MarkZ: “My Asian Contact said he was expecting the RV on Tues. 21 Jan. or Wed. 22 Jan.
On Sat. 25 Jan. 2025, the first phase of the wealth redistribution will officially commence for the general public. …JFK Jr. on Telegram
Read full post here: https://dinarchronicles.com/2025/01/21/restored-republic-via-a-gcr-update-as-of-january-21-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Iraq's got 43% more oil than Kuwait. What [Kuwait] doesn't have is non-oil revenues. It's very powerful. It shows Iraq is totally capable of having a real effective exchange rate that could be at least competitive and similar to the region.
Frank26 [Iraq boots-on-the-ground report] FIREFLY:There is a news program on television right now talking about currencies and the countries of these currencies. It looks like they want to give us more monetary reform education before they give us our new currency...One of them is Kuwait dinar...the currency is $3.23 with $105 million in reserve. We, Iraq have $145 million in reserves and we say that we are 43% higher in reserves in Kuwait...We should be also having stronger currency too as we see it. FRANK: Of course.
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ARS Vs IQD Inflation Rate; Investment Showdown
Edu matrix: 1-21-2025
Discover why investing in Argentina and Iraq could be your next big financial move! In this video, we dive into the contrasting inflation rates of these countries—Argentina at a staggering 117.8% and Iraq at 4.5%—and explore what this means for international investors.
Germany’s Economy Has Fallen: Here’s What It Means For The World
Sean Foo: 1-21-2025
Germany's stagnation is getting from bad to worse. Their economy has crashed 2 years in a row, highlighting how serious the energy crisis is getting. As a result, political instability is brewing with the opposition pushing the country to decouple from the EU and the Euro. What's what you must know!
Timestamps & Chapters:
0:00 Germany's Two-Year Crash
3:01 Truth Of The Energy Crisis
5:56 Industrial Rescue Needed
8:57 Will Germany Leave The EU?
11:10 Shocking Impact on The Euro
Seeds of Wisdom RV and Economic Updates Tuesday Morning 1-21-25
Good Morning Dinar Recaps,
BRICS REALIZE THEY CANNOT CHALLENGE THE US DOLLAR
The US dollar started 2025 with a bang leaving local currencies of BRICS countries distantly behind in the charts. The DXY index, which tracks the performance of the US dollar shows the currency crossing the 110 mark.
The US markets are confident that Trump’s re-election could turn the fortunes of America and bring economic prosperity. The same positivity is lacking in developing countries as their local currencies are being hammered by the raging US dollar.
Good Morning Dinar Recaps,
BRICS REALIZE THEY CANNOT CHALLENGE THE US DOLLAR
The US dollar started 2025 with a bang leaving local currencies of BRICS countries distantly behind in the charts. The DXY index, which tracks the performance of the US dollar shows the currency crossing the 110 mark.
The US markets are confident that Trump’s re-election could turn the fortunes of America and bring economic prosperity. The same positivity is lacking in developing countries as their local currencies are being hammered by the raging US dollar.
The BRICS alliance, which kick-started the de-dollarization agenda is now reeling under pressure from the US dollar. BRICS country India’s local currency, the rupee, has fallen to a lifetime low of 86.68 this week. The rupee fell four trading sessions in a row as the USD trampled the currency in the charts. Currency experts predict that the Indian rupee could fall to 90 to 92 levels in the next 10 months.
BRICS No Challenge to the US Dollar
The US dollar is strengthening in the indices with the massive inflow of funds entering the American markets. Institutional investors offloaded most of their overseas funds and are now taking entry positions in the US markets.
The belief that Trump’s rule could bring fortunes has reached a peak in 2025. The first instance of the market gaining steam occurred immediately after he was declared the winner in November. This puts BRICS on the back foot as it stands no chance to challenge the US dollar during Trump’s tenure.
Trump has already threatened BRICS with 100% tariffs if they plan to abandon the US dollar for trade. The alliance is now left with obeying his demands as a tariff increase will only hurt their economies.
The de-dollarization agenda could fail under his rule as the President-elect aims to safeguard the USD. Whether he will bring in laurels to the US stock market or cause a dent, only time will tell.
@ Newshounds News™
Source: Watcher Guru
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RAMASWAMY EXITS DOGE FOR OHIO GOVERNOR BID, LEAVING MUSK AS SOLE HEAD
Vivek Ramaswamy said on X he was leaving the Department of Government Efficiency and was “confident that Elon and the team will succeed in streamlining government.”
Entrepreneur and former presidential candidate Vivek Ramaswamy will no longer co-lead the Department of Government Efficiency (DOGE) alongside Elon Musk, and is reportedly opting to run for Ohio governor instead.
“It was my honor to help support the creation of DOGE,” Ramaswamy said in a Jan. 20 X post. “I’m confident that Elon and the team will succeed in streamlining government.”
Ramaswamy didn’t elaborate on his future plans, but CBS News and The New York Times were among the US media outlets reporting that the business leader and author would soon announce he is running run for governor of Ohio.
Ramaswamy said that he’d “have more to say very soon” while reaffirming his support for President Donald Trump.
“Vivek Ramaswamy played a critical role in helping us create DOGE. He intends to run for elected office soon, which requires him to remain outside of DOGE based on the structure that we announced today,” DOGE spokesperson Anna Kelly told the Associated Press.
Ohio Governor Mike DeWine’s second — and legally his last — term will end in January 2027.
On Jan. 18, Ramaswamy re-shared an X post from a parody account using this likeness that stated he was running for governor of Ohio, with the pro-crypto Republican commenting that it wasn’t “a bad idea.”
Politico reported that Musk made it known that he wanted Ramaswamy out of DOGE in recent days. A Republican strategist close to Trump’s advisers told Politico that Ramaswamy “just burned through the bridges and he finally burned Elon. Everyone wants him out of Mar-a-Lago, out of D.C.”
The move was driven in part by Ramaswamy’s criticism of American culture. In December, he made a post on X stating that tech companies hire foreign workers partly because of a mindset that has “venerated mediocrity over excellence.”
The now-solely Musk-led advisory organization, named after his favored cryptocurrency Dogecoin, was officially created through one of a slew of executive orders that Trump signed on his first day in office.
DOGE is already on the firing line as it was hit with lawsuits from consumer advocate group Public Citizen and other nonprofit groups minutes after Trump took office.
The lawsuits allege that DOGE violates the Federal Advisory Committee Act by allowing private individuals to make government decisions without proper transparency and oversight.
DOGE, which was announced by Trump soon after his electoral victory in November, is designed to slash federal spending through budget cuts and mass firings.
@ Newshounds News™
Source: CoinTelegraph
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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
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Thank you Dinar Recaps
Childfree People Get The Wrong Financial Advice
Childfree People Get The Wrong Financial Advice — and they’ll be paying for it in their old age
Alessandra Malito Sat, January 18, 2025 MarketWatch
People who don’t have children aren’t getting the best financial advice, one author says.
There are more than a dozen differences in financial and estate planning for people with children and those without — but the financial-planning industry doesn’t address them separately, according to Jay Zigmont, founder of Childfree Wealth, a life- and financial-planning firm dedicated to helping childfree individuals. Zigmont, who himself doesn’t have children, is also the author of a new book, “The Childfree Guide to Life and Money.”
Childfree People Get The Wrong Financial Advice — and they’ll be paying for it in their old age
Alessandra Malito Sat, January 18, 2025 MarketWatch
People who don’t have children aren’t getting the best financial advice, one author says.
There are more than a dozen differences in financial and estate planning for people with children and those without — but the financial-planning industry doesn’t address them separately, according to Jay Zigmont, founder of Childfree Wealth, a life- and financial-planning firm dedicated to helping childfree individuals. Zigmont, who himself doesn’t have children, is also the author of a new book, “The Childfree Guide to Life and Money.”
“There are assumptions and things built into the system that means, ultimately, childfree people are getting bad advice, or at least advice in the wrong direction,” he said.
Part of the problem could lie in how advisers make money. Individuals who don’t have children might want to spend all of their money while they’re living, while those with children could have bigger goals of leaving behind an inheritance.
This clashes with one of the most common ways advisers make money in the financial-planning industry: the assets-under-management model. With AUM, an adviser’s compensation is a percentage of what the adviser is managing — so when the money in the account dwindles, so does the fee.
“How does that compare when someone is trying to die with zero?” Zigmont said. “There’s a conflict of interest.”
The right financial planner for a childfree individual or couple will acknowledge the nuances, Zigmont said. “Your planner needs to understand how things are different for you, and that’s a challenge to get good advice,” he said.
Beyond the importance of money management is estate planning, which needs to be tended to immediately for childfree folks.
Zigmont spoke with MarketWatch about some of the most important aspects of planning for the childfree life, and how it differs from financial planning for people with children. This interview was edited for clarity and length.
TO READ MORE: https://finance.yahoo.com/news/childfree-people-wrong-financial-advice-105900984.html?.tsrc=fp_deeplink
“Tidbits From TNT” Tuesday Morning 1-21-2025
TNT:
Tishwash: The largest oil reserve was discovered in central Iraq
The Middle Oil Company, in cooperation with the Chinese company (EBS), announced the achievement of a major oil discovery in the East Baghdad South Field.
The company's general manager, Mohammed Yassin Hassan, stated in a statement received by {Euphrates News} a copy of it that the main exploratory well testing operations in the East Baghdad field had achieved great success, as a highly productive oil flow of medium and light oil was obtained.
TNT:
Tishwash: The largest oil reserve was discovered in central Iraq
The Middle Oil Company, in cooperation with the Chinese company (EBS), announced the achievement of a major oil discovery in the East Baghdad South Field.
The company's general manager, Mohammed Yassin Hassan, stated in a statement received by {Euphrates News} a copy of it that the main exploratory well testing operations in the East Baghdad field had achieved great success, as a highly productive oil flow of medium and light oil was obtained.
It is expected to add more than two billion barrels to Iraq's oil reserves, making it the largest oil discovery in central Iraq.
The Director General pointed out that the initial tests of the well showed a daily production rate of up to 5,000 barrels of crude oil.
Yassin praised the fruitful cooperation between Iraqi engineers at the Middle Oil Company and their counterparts at the Chinese EBS Company, which resulted in precise planning and strict implementation of well testing procedures in areas within the oil field.
This discovery is of strategic importance as it adds to Iraq’s oil reserves, which rank fifth in the world in proven reserves. This achievement also enhances the production capabilities of Iraq, one of the founding and influential members of the Organization of the Petroleum Exporting Countries (OPEC), which supports its pivotal role in the global energy market. link
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Tishwash: Al-Sudani in a telegram to Trump: We are committed to strategic relations under the umbrella of respect for sovereignty and non-interference
Prime Minister Mohammed Shia Al-Sudani sent a congratulatory telegram today, Tuesday, to US President Donald Trump, on the occasion of his assumption of office as President of the United States of America.
Al-Sudani indicated in the telegram, according to a statement from his office, a copy of which was received by {Euphrates News}, that Iraq aspires to strengthen the bonds of cooperation and partnership with the United States, within the framework of the strategic agreement and the common interests of the two countries, stressing the importance of working to support the foundations of stability, security and development regionally and internationally.
Al-Sudani stated that the Iraqi government adheres to strategic relations with the United States, and seeks to activate and expand the scope of implementing all bilateral memoranda of understanding, and bilateral security and economic coordination, under the umbrella of respect for sovereignty, non-interference in internal affairs, and supporting bilateral exchange in the cultural and technological fields, and the fields of investment and sustainable development. link
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Tishwash: President of the Republic: Our participation in Davos confirms Iraq's growing role in the global arena
President of the Republic Abdul Latif Jamal Rashid stressed that Iraq's participation in the Davos talks confirms its growing role in the global arena.
Rashid said in a tweet on the (X) platform, followed by the Iraqi News Agency (INA), "I am proud to see Iraq and the Kurdistan Region well represented in Davos, which is an important annual gathering of global leaders and thinkers. Our participation in these talks confirms Iraq's growing role in the global arena and our commitment to confronting common challenges through dialogue, innovation and cooperation." link'
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Tishwash: Directive from the Central Bank regarding the 5,000 dinar banknotes
The Central Bank stressed, on Monday, that Iraqi banknotes are homogeneous in all their denominations and are accepted by all its branches, and that the delivery of one denomination and the rejection of another by certain banks is a violation of the law, requesting a list of the names of these banks.
text of document: Date 1/16/2025
Federation of Iraqi Chambers of Commerce / President's Office
m/damaged currency
Greetings.
Your letter No. 1 dated 1/5/2025 regarding banks that refuse to receive small denomination banknotes and the (5,000) dinar denomination.
We would like to inform you that the instructions of this bank stipulate that Iraqi banknotes are homogeneous in their various categories, have absolute legal tender and are accepted by the Central Bank of Iraq, its branches, banks, institutions and the public. Discrimination between their categories by imposing a certain category on the public or refusing to receive a certain category is unacceptable and is considered a violation of the law.
We hope you will provide us with the names of the violating banks that refused to receive banknotes. With appreciation. link
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Mot: Jumping Days
Mot: it Has Begun!!!!
MilitiaMan & Crew Iraq Dinar News-Global Attention-Budget Law-Internally- Externally-Media
MilitiaMan & Crew Iraq Dinar News-Global Attention-Budget Law-Internally- Externally-Media
1-20-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan & Crew Iraq Dinar News-Global Attention-Budget Law-Internally- Externally-Media
1-20-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Seeds of Wisdom RV and Economic Updates Monday Evening 1-20-25
Good Evening Dinar Recaps,
MARK UYEDA NAMED ACTING SEC CHAIR AMONG TRUMP APPOINTMENTS
Members of the US Commodity Futures Trading Commission also announced on Jan. 20 that Caroline Pham would serve as acting chair, filling two crucial regulatory roles
US Securities and Exchange Commission member Mark Uyeda will be acting chair of the financial regulator as of Jan. 20 following an announcement from the Trump administration.
Good Evening Dinar Recaps,
MARK UYEDA NAMED ACTING SEC CHAIR AMONG TRUMP APPOINTMENTS
Members of the US Commodity Futures Trading Commission also announced on Jan. 20 that Caroline Pham would serve as acting chair, filling two crucial regulatory roles
US Securities and Exchange Commission member Mark Uyeda will be acting chair of the financial regulator as of Jan. 20 following an announcement from the Trump administration.
In a Jan. 20 notice from the White House, President Donald Trump said Uyeda would replace outgoing SEC Chair Gary Gensler in an acting capacity until the US Senate could confirm one of his nominees. Uyeda, a Republican, has served at the SEC since 2022 after being nominated by former US President Joe Biden.
Before taking office, Trump announced on social media that he planned to nominate former SEC Commissioner Paul Atkins to replace Gensler.
Atkins’ name appeared on a list of sub-cabinet appointments Trump said he had nominated to the Senate. It’s unclear when the chamber could consider his nomination as an SEC member.
Meanwhile, members of the US Commodity Futures Trading Commission announced on Jan. 20 that Commissioner Caroline Pham would serve as acting chair after Rostin Behnam stepped down.
The heads of the two financial regulators will be in a position to significantly influence policy related to digital assets.
As an SEC member, Uyeda criticized the commission’s approach to digital assets under Gensler, saying it “neither facilitates capital formation nor protects investors.” Under the former chair, the SEC filed several enforcement actions against US-based crypto firms, including Ripple Labs, Coinbase, Terraform Labs and Binance.
New administration, new approach to crypto?
It’s unclear what the status of these lawsuits will be under the Trump administration or Acting Chair Uyeda. The SEC will reportedly consider freezing all enforcement cases that don’t involve allegations of fraud.
Since taking the oath of office at 12:00 pm ET, Trump has not mentioned digital assets or blockchain on his first official day as US president. He had also pledged to commute the sentence of Silk Road founder Ross Ulbricht.
Reports suggested Trump was planning on signing an executive order potentially related to crypto, but the White House had not announced anything at the time of publication. Neither digital assets nor blockchain appeared on the administration’s list of policy priorities as they were first published on Jan. 20.
@ Newshounds News™
Source: CoinTelegraph
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DONALD TRUMP APPOINTS CAROLINE PHAM AS ACTING CFTC CHAIR
The CFTC commissioner has previously called for regulating digital assets in her role with the financial regulator, which could change under Donald Trump.
In one of his first official acts after being sworn in as US president, Donald Trump will name Commodity Futures Trading Commission (CFTC) member Caroline Pham as the acting chair of the financial regulator.
In an announcement shared with Cointelegraph on Jan. 20, a representative of Commissioner Pham said she would replace former CFTC Chair Rostin Behnam temporarily until Trump could nominate a permanent head of the regulator whom the Senate could confirm.
She has been serving as a CFTC commissioner since April 2022 after being nominated by former US President Joe Biden.
“I’m humbled to lead the CFTC as Acting Chairman,” said Pham. “It is an honor to be entrusted to serve the American people during this pivotal time.”
Behnam announced in January that he planned to step down on the day of Trump’s inauguration. Though any new CFTC commissioner or chair would need to be confirmed by a majority of lawmakers in the US Senate after hearings, Trump has the authority to appoint temporary replacements under the Federal Vacancies Reform Act.
As a CFTC commissioner, Pham has called on the government to address crypto regulation and proposed initiatives to protect investors.
It’s unclear what roles the CFTC and Securities and Exchange Commission will have in regulating crypto under the Trump administration, with many US lawmakers suggesting they plan to pass legislation establishing a market framework.
Trump took the oath of office as US president on Jan. 20 but notably did not mention digital assets or blockchain technology in his acceptance speech. In one of his last acts as a private citizen before assuming office, he and his wife, Melania, announced the launch of memecoins, which critics claim allow anyone to funnel money indirectly into the first family’s pockets.
US crypto regulation under Donald Trump
The appointment of Pham is one of many actions potentially affecting the crypto industry Trump is expected to take on his first day in office. The US president said he intended to nominate former SEC Commissioner Paul Atkins to replace Gary Gensler as chair of the financial regulator — Gensler officially stepped down on Jan. 20.
In May 2024, Trump promised to commute the sentence of Silk Road founder Ross Ulbricht, and reports have suggested he plans to sign at least one executive order related to crypto or blockchain.
The White House is expected to announce what executive orders Trump will sign on Jan. 20, but reports suggested the number would be “close to 100.”
@ Newshounds News™
Source: CoinTelegraph
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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
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Iraq Economic News and Points to Ponder Monday Afternoon 1-20-25
The Central Bank Calls For Caution In Reporting News And Clarifies The Outlets’ Operating Mechanisms
January 18, 2025 The Central Bank of Iraq called for caution in transmitting and circulating news indicating the closure of exchange outlets, and confirms that it has not issued any decision, directive, or statement regarding closing the outlets or converting them to exchange companies.
The Central Bank Calls For Caution In Reporting News And Clarifies The Outlets’ Operating Mechanisms
January 18, 2025 The Central Bank of Iraq called for caution in transmitting and circulating news indicating the closure of exchange outlets, and confirms that it has not issued any decision, directive, or statement regarding closing the outlets or converting them to exchange companies.
The recently issued Central Bank statement states:
Expanding the spread of cash delivery outlets through all available channels, including ATM machines and POC cash payment machines, as well as licensed exchange companies, electronic payment company outlets, and POS electronic payment machines spread throughout Iraq.
This bank emphasizes transferring news from its official sources, which are published on its official website and verified social media pages.
This was confirmed in his circulars issued to all parties in the Iraqi financial and banking sector, which included directing banks and non-banking financial institutions to expand their financial services in areas that lack the aforementioned services.
Central Bank of Iraq Media office January 18, 2025 https://cbi.iq/news/view/2762
Expectations Of An Increase In Electronic Payments
Second and third 01/19/2025 Baghdad: Rula Wathiq Iraq has achieved 10 trillion dinars in total circulation through electronic payment from the government sector only so far, which will be part of the evaluation of the ministries working on it.
The head of the Osool Foundation for Economic Development and Sustainable Development, Engineer Khaled Al-Jabri, representative of the special committee for developing and evaluating electronic payment operations associated with the Council of Ministers, told Al-Sabah:
“The steps for electronic payment are progressing correctly, as Iraq has reached 10 trillion dinars from the government sector only.
This number is usually a jump from what was achieved during this stage, and it is expected that these amounts will increase by 30-40% at the beginning of next year.” He stated that the issue of
electronic collection is not without challenges, whether with the platforms on which it operates or the devices through which water and electricity services are paid, indicating that there are steps to solve these problems as quickly as possible.
Al-Jabri confirmed that the government has procedures to monitor electronic payment operations wherever they exist, and that it will be part of the evaluation of ministries that are working on the digital transformation process and their use of technical and technological tools.
He added that the electronic payment process cannot proceed without cooperation between the government and private sectors and the citizen, which is the focus of this process as a whole, noting that Iraq was able to activate these services compared to countries that took 6-7 years to activate them as a result of quick and serious measures in this field. https://alsabaah.iq/108748-.html
Advisor To The Prime Minister: Electronic Customs Declaration Prevents Smuggling And Reduces Corruption And Bribery
Economy Yesterday, 11:13 Baghdad - WAA - Amna Al-Salami Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed today, Sunday, that the
electronic customs declaration program
prevents smuggling and
reduces corruption and bribery, and while he explained that it
facilitates accurate and rapid control and review, he indicated that it
reduces costs for importers. Saleh told the Iraqi News Agency (INA):
"The program to develop the electronic customs declaration and its entry into force is an important and positive step towards improving customs performance in particular and enhancing the efficiency of the Iraqi economy in general." He added that
"the adoption of this electronic program for customs declaration represents an important part of the reform efforts branching from the government program in the field of e-governance and financial and economic reform aimed at modernizing administrative and financial systems, combating corruption, and raising the efficiency of Iraq's foreign trade," noting that
"this electronic system provides two important aspects of customs life in the development of customs policy applications in Iraq as one of the important arms of financial policy in our country:
First, reducing human intervention in customs clearance operations, which reduces the opportunities for corruption and bribery." He continued:
"The second provides clear tracking of transactions, which facilitates effective, accurate and rapid customs control and review," indicating that "the
electronic customs declaration program will undoubtedly
reduce the time required to complete customs declarations, in a way that
supports the movement of trade and
reduces the costs that fall on traders and importers, and
this change in the pattern of customs declarations encourages companies to import and export goods with ease and high speed." He explained, "As for customs revenues, the program will contribute to
providing accurate collection of customs duties in a way that prevents customs evasion, as taxes are a form of important public revenues that the government program seeks to raise within non-oil revenues, in addition to reducing losses resulting from corruption or negligence in collecting related customs duties and taxes, as was previously followed and through manual methods and human intervention."
He pointed out that "it gives the business environment in the national economy an advanced signal to investors and traders, and its accurate operations should be positively reflected in the reports of international multilateral organizations within the framework of the progress of the business environment in our country including the World Bank's periodic reports in this regard." https://www.ina.iq/226125--.html
UN Supports Iraq In Recovering Stolen Assets And Combating International Corruption Iraq
The United Nations has affirmed its full support for Iraq in its efforts to recover its stolen assets located in corruption havens abroad, in addition to tracking suspicious banking transactions.
The Resident Representative of the United Nations Development Programme, Auke Lootsma, stated that the programme supports Iraqi investigative journalists to enhance cooperation with international federations in uncovering stolen assets, enabling investigators to file cases and follow up on seizure and confiscation procedures.
Lootsma added that the programme is working to expand the scope of trial monitoring to include civil procedures for the recovery of stolen assets. He pointed out that the focus is not limited to strengthening compensation claims from public institutions, but rather extends to include the recovery of assets through civil courts.
He stressed that the success of the fight against corruption requires effective international cooperation to track and freeze illicit assets, limit suspicious financial flows, and hand over perpetrators. He called for activating bilateral agreements between Iraq and other countries, or using the mechanisms available under the United Nations Convention against Corruption.
Lootsma also explained that UNDP supports Iraq in improving the exchange of information on suspicious banking transactions, submitting mutual legal assistance requests to protect assets during investigations, and recovering them upon final judgments. He pointed out that the Iraqi government’s programme is participating in expanding its regional partnerships to combat corruption and enhance joint efforts. https://www.radionawa.com/all-detail.aspx?jimare=41006
Exchange Rates Recorded 151,750 Dinars Per 100 Dollars In Baghdad
economy | 11:10 - 01/20/2025 Mawazine News – Baghdad The exchange rate of the dollar against the Iraqi dinar witnessed a rise in the currency markets in the capital, Baghdad.
The dollar prices rose with the opening of the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 150,700 dinars for every 100 dollars, compared to what it recorded yesterday morning, Sunday, at 150,650 dinars for every 100 dollars.
The selling prices in exchange shops in the local markets in Baghdad reached 151,750 dinars, while the purchase price reached 149,750 dinars for every 100 dollars. https://www.mawazin.net/Details.aspx?jimare=258809
Oil Prices Jump Above $81 A Barrel
economy | 08:26 - 01/20/2025 Mawazine News – Baghdad Oil prices recovered in early trading on Monday, as supply concerns persisted after Washington imposed two rounds of sanctions in the past two weeks on Russia's energy sector over the war in Ukraine.
Market Moves By 0042 GMT, Brent crude futures were up 34 cents, or 0.4 percent, at $81.13 a barrel. They settled down 0.62 percent in the previous session. West Texas Intermediate (WTI) crude futures, which expire on Tuesday, were up 59 cents, or 0.8 percent, after settling down 1.02 percent on Friday.
The most active contracts for April rose 36 cents to $77.75 a barrel, according to Reuters data.
Both crudes gained more than 1 percent last week, their fourth straight week of gains, after the outgoing administration of US President Joe Biden imposed sanctions on more than 100 oil tankers and two Russian oil producers.
This led to a rush by major buyers, China and India, to secure immediate oil cargoes and a global rush to supply ships with oil, with Russian and Iranian oil traders looking for unsanctioned tankers to carry their cargoes.
Analyst Tim Evans said in Evans on Energy that the new sanctions are expected to tighten supplies, at least in the short term, according to Reuters.
“The rise in tanker rates for unsanctioned vessels and the widening divergence in crude oil prices are among the notable cascading effects, which have heightened supply concerns,” he added. But easing tensions in the Middle East limited oil price gains. Israel and Hamas exchanged hostages and prisoners on Sunday in the same day The first ceasefire after a 15-month war.
https://www.mawazin.net/Details.aspx?jimare=258802
Gold Falls As Tensions Ease, Markets Focus On Trump
Economy | 01/20/2025 Mawazine News – Baghdad Gold prices suffered losses in early trading on Monday as tensions in the Middle East eased, dampening demand for safe-haven assets.
As investors await the inauguration of US President Donald Trump and clarity on the policies of the next administration. Price update Spot gold fell 0.4 percent to $2,690.81 per ounce, by 0140 GMT. US gold futures fell 0.5 percent to $2,734.90 an ounce, according to Reuters data.
Hamas released three Israeli hostages, while Israel freed 90 Palestinian prisoners on Sunday, the first day of a ceasefire that followed a 15-month war that devastated the Gaza Strip and ignited the Middle East.
Market players are awaiting Trump’s inauguration later on Monday, whose tariff policies are expected to stoke inflation, ignite trade wars and potentially increase the appeal of safe-haven assets. The future path of US interest will depend on how seriously the next administration implements Trump’s policy pledges.
According to a narrow majority of economists polled by Reuters, the Federal Reserve is likely to keep interest rates unchanged at its January 29 meeting and resume cutting them in March.
Among other precious metals, spot silver fell 0.7 percent to $30.13 an ounce. Palladium fell 0.3 percent to $944.25 an ounce. Platinum fell 0.2 percent to $940.05 an ounce. https://www.mawazin.net/Details.aspx?jimare=258803
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Monday Afternoon 1-20-25
Good Afternoon Dinar Recaps,
INCOMING PRESIDENT TRUMP SHOWS SUPPORT FOR INNOVATION, BUT MAKES NO MENTION OF CRYPTO DURING INAUGURATION SPEECH
During his campaign, Trump drummed up support from top executives, among others, in the crypto industry looking for a change in the U.S. regulatory environment.
Trump is also set to issue crypto-related executive orders.
Dinar Recaps Note: Sorry, this is the same as our last Seeds of Wisdom post. The new post is up now ( link ).
Good Afternoon Dinar Recaps,
INCOMING PRESIDENT TRUMP SHOWS SUPPORT FOR INNOVATION, BUT MAKES NO MENTION OF CRYPTO DURING INAUGURATION SPEECH
During his campaign, Trump drummed up support from top executives, among others, in the crypto industry looking for a change in the U.S. regulatory environment.
Trump is also set to issue crypto-related executive orders.
In his return to Washington D.C. on Monday, Donald Trump touted his support for innovation, though did not specifically mention crypto during his inauguration speech on Monday.
“There’s no nation like our nation,” Trump said. “Americans are explorers, builders, innovators, entrepreneurs and pioneers. The spirit of the frontier is written into our hearts."
However, Trump did not mention crypto in a document titled "President Trump's America First Priorities" in an email sent out by the office of the press secretary. Punchbowl News earlier released the document.
During his campaign, Trump drummed up support from top executives, among others, in the crypto industry looking for a change in the U.S. regulatory environment.
Trump made several promises to the sector, including promising to commute Ross Ulbrucht's sentence, who is currently serving a life sentence without the possibility of parole for his role in creating and operating the dark web marketplace Silk Road, tied to bitcoin's early history.
Trump also vowed to stop "Joe Biden's crusade to crush crypto" by ensuring the future of crypto will not be "driven overseas," supporting the right to self-custody and preventing the development of a central bank digital currency. Some Republican lawmakers have been staunchly opposed to a CBDC and say a CBDC could open the door to government surveillance of peoples' transactions.
Trump is reportedly poised to issue executive orders on his first day that could include creating a crypto council and ensuring that firms have access to banks, according to Reuters.
The Washington Post reported last week that Trump could also issue executive orders that encompass repealing the U.S. Securities and Exchange Commission's controversial crypto accounting guidance, SAB 121.
A potential crypto council could have anywhere between 10 to 100 members. Those members will presumably be crypto executives, but those decisions will be up to the firms to pick who will represent them in the council, said Ron Hammond, senior director of government relations at the Blockchain Association, in an interview with The Block last week.
Trump also plans to issue an executive order to set cryptocurrency as a national policy priority, Bloomberg reported last week, citing sources familiar with the matter.
Days before his inauguration, Trump's team launched the TRUMP token on the Solana blockchain which reached a market cap of over $9 billion.
Trump has also previously thrown his support behind the debut of World Liberty Financial, a DeFi protocol that counts former that counts the President-elect as its "chief crypto advocate." That project was criticized by some crypto pundits who called it "a meme masquerading as a utility project."
@ Newshounds News™
Source: The Block
~~~~~~~~~
OVER $200B WIPED FROM CRYPTO MARKETS AFTER TRUMP IGNORES CRYPTO IN CEREMONY SPEECH
The total crypto market cap dumped toward $3.6 trillion.
Donald Trump’s highly anticipated inauguration ceremony officially took place, and he is now the 47th US president.
Despite the numerous reports ahead of time about potentially including crypto in his speech, Trump failed to mention it even once, which triggered a massive crash for the entire market.
Just as the inauguration began, BTC’s price tumbled by over five grand, going from more than $107,000 to under $102,000 in minutes.
However, it managed to recover some ground and spiked to $105,000 during the speech. However, once that concluded and it became evident that Trump will not mention the digital asset industry at all, BTC and the rest of the market headed south immediately.
BTC’s nosedive took it south to $100,500 (for now). Many altcoins bled even more heavily, including Trump’s official meme coin.
The recently launched asset is down by over 20% in the past hour alone and now struggles to remain above $40. Recall that it peaked above $70 earlier today but has faced a lot of competition and criticism following the launch of Melania Trump’s alternative.
Other massive losers include SPX, FARTCOIN, HBAR, WIF, LINK, AAVE, WLD, TIA, BONK, and more, as all of them have dropped by more than 6% in the last hour.
The total crypto market cap went from a daily high of over $3.850 trillion to $3.6 trillion during the crash.
The wrecked positions have shot up to nearly $200 million within that same timeframe. Almost 400,000 traders have been liquidated on a daily scale, according to data from CoinGlass.
@ Newshounds News™
Source: Crypto Potato
~~~~~~~~~
US CBDC ‘IS DEAD’ UNDER TRUMP, BUT STABLECOINS COULD BE SET TO EXPLODE
President Donald Trump has promised to “never allow” a CBDC in the United States, but stablecoin adoption is well on its way.
Now that US President Donald Trump has taken his oath of office, the chances for a US central bank digital currency (CBDC) are all but finished.
Trump has been a vocal opponent of CBDCs, promising on the campaign trail in New Hampshire in 2024 that he would “never allow the creation of a central bank digital currency,” as he claimed it would give the government “absolute control over your money.”
Trump made the promise early on in the campaign, back in January 2024, but there’s little to suggest that the president has changed his mind. Top picks for Trump’s Cabinet and prominent members of the Republican-controlled Congress have also vocally opposed a CBDC.
However, US lawmakers are still focused on proliferating digital currencies. In the absence of a digital dollar and with significant bipartisan support, stablecoin adoption could see significant growth under the incoming administration.
CBDCs are dead; long live the stablecoin
“CBDC in the US is dead under Trump,” Geoff Kendrick, global head of digital assets research at Standard Chartered, told Cointelegraph. “Instead, they’re going down the private stablecoin route, and the Fed has no control over that.”
Indeed, stablecoin legislation is already making its way through the system. In the House of Representatives, Rep. Patrick McHenry introduced the Clarity for Payment Stablecoins Act of 2023, while in the Senate, Wyoming Republican Senator Cynthia Lummis and New York Democratic Senator Kirsten Gillibrand submitted the Lummis-Gillibrand Payment Stablecoin Act.
These bills would provide regulatory guardrails that the industry has been saying it needs in order to succeed.
Some have suggested the industry could see new stablecoin regulations soon, as it would be a quick win for representatives on both sides of the aisle, who will need to defend their seats again in 2026.
Kendrick said, “I think, under Trump, you’ll get passage in the next few months of a stablecoin bill that creates regulation. You’ll then probably get more TradFi players issuing stablecoins in the US [...] and you’ll also get more surety behind the two largest stablecoins, Tether and USDC.”
The pivot to private stablecoins can be explained by two important factors: the clear privacy concerns surrounding CBDCs and the fact that central banks are having a hard time convincing the public of their benefits.
CBDCs raise concerns about privacy and government oversight
Reuters and The Washington Post have reported that the Trump administration is planning mass dismissals of federal employees, paving the way for them to be replaced by appointees loyal to the administration.
Administration spokesperson Brian Hughes told Reuters, “The Trump Administration will have a place for people serving in government who are committed to defending the rights of the American people, putting America first, and ensuring the best use of working men and women’s tax dollars.”
This rhetoric fits into the wider Republican skepticism of government involvement in the financial industry and the desire to deregulate that industry broadly. It comes as no surprise then that CBDCs, which are already a subject of public privacy concerns, should be a target.
John Kiff, a digital currency expert and former senior financial sector expert at the International Monetary Fund, told Cointelegraph that users “want cash-like anonymity and privacy, but central banks are reluctant to offer that as they bend the knee to financial integrity laws and regulations” like Anti-Money Laundering and Countering the Financing of Terrorism laws.
Kiff said, “Purported benefits are related to such things as increasing financial inclusion and reducing the costs to users and merchants of transactions.”
Trump himself suggested that, with a CBDC, the government “could take your money, and you wouldn’t even know it was gone.”
@ Newshounds News™
Read more: CoinTelegraph
~~~~~~~~~
LIVE: THE INAUGURATION OF DONALD J. TRUMP AS THE 47TH PRESIDENT OF THE UNITED STATES 1/20/25
If you missed the Inauguration Ceremony today, you can still watch it on the Rumble link here from Right Side Broadcasting Network.
@ Newshounds News™
Source: Rumble
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's Podcast Link
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Subscribe to Seeds of Wisdom Team™ Newsletter
Thank you Dinar Recaps
More News, Rumors and Opinions Monday PM 1-20-2025
DJ: DID YOU KNOW?
The feasibility of a Global Currency Reset (GCR) largely depends on whether systemic imbalances can be resolved without causing widespread disruption.
For a GCR to be effective, it would require a redistribution of wealth, (They aren’t printing a mass amount of new currencies), something inherently challenging in the current geopolitical and economic climate.
Wealth redistribution on a global scale will face resistance from powerful stakeholders who benefit from the status quo, including nations and financial institutions that dominate the existing system.
DJ: DID YOU KNOW?
The feasibility of a Global Currency Reset (GCR) largely depends on whether systemic imbalances can be resolved without causing widespread disruption.
For a GCR to be effective, it would require a redistribution of wealth, (They aren’t printing a mass amount of new currencies), something inherently challenging in the current geopolitical and economic climate.
Wealth redistribution on a global scale will face resistance from powerful stakeholders who benefit from the status quo, including nations and financial institutions that dominate the existing system.
When you do a web search of the GCR economist dismiss it as a conspiracy theory. With the argument that it will not work or disrupt the current system globally. But their assessments are based on the current status quo .
Not looking at the prospect of a new financial system . If one were to just take the label of “GCR” off the explanation and look at the mechanisms currently manifesting, it’s the same thing as the GCR. They’re just not calling it that.
Mechanisms like central bank digital currencies (CBDCs), blockchain technology and decentralized finance (DeFi) and the integration of regional currencies, such as the African Continental Free Trade Area’s proposed monetary union or the strengthening of the BRICS nations’ economic alliances, mimic elements of a GCR.
Implementing these changes without causing economic shock-waves requires careful planning and international cooperation, a challenge given the competing interests of global powers. These incremental reforms, or adjustments to global institutions, are by definition the GCR; they’re just not calling it that.
Financial systems evolve incrementally, not through abrupt resets. Mechanisms like currency devaluations, debt restructuring, or monetary policy adjustments provide more measured and less disruptive ways to address global imbalances and have been practices commonly utilized by economies.
For a GCR to be feasible, it must run parallel with the existing system to ensure a seamless transition.Which if you look at it, has been going on for some time.
These dual systems have been operating with the traditional fiat system coexisting alongside new asset-backed or digital currencies. This phased approach mitigates shocks and allows markets, businesses, and individuals to adapt over time.
Historical precedents, such as the transition from gold to fiat currencies, demonstrate that parallel systems can ease the burden of systemic change.
Just because you don’t see the GCR flashing on a massive billboard doesn’t mean you should ignore the signs along the road. DJ
***********
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Article: "Iraq launches new banknotes with innovative security signs for the visually impaired" It seems like it's new currency. I don't have any currencies...that you can feel bumps... Quote: "The public will have enough time to adapt to these new bank notes...The Central Bank confirmed the new bank notes will be traded along with the old ones and there will be no intention to withdraw old bank notes from circulation." Remember, they've already withdrawn a lot of notes out of the system...They were actually destroying...perfectly good money... [Post 1 of 2...stay tuned]
Militia Man Quote: "The Central bank of Iraq reviewed the excellence enjoyed by Iraqi bank notes as they are one of the most complex security marks and were manufactured from the best types of paper used in printing bank notes to ensure quality and safety." They show older currency of course but they're not going to share with you the new currency because of counterfeiting...You ask yourself, well, they're going to be reproducing new 25k notes for 1310 as an exchange rate to the US dollar? Why are you doing that now? You already have many security features, the 25k note is full of them...Do they really mean new notes? I think they do. [Post 2 of 2]
************
MARKETS A LOOK AHEAD: TO PROP UP THE STOCK MARKET (THEY MUST K!LL THE CURRENCY).
Greg Mannarino: 1-20-2025
Debt, Deficits, and The Road to a New Monetary Order
Mel Mattison: Debt, Deficits, and The Road to a New Monetary Order
Palisades gold Radio: 1-20-2025
Tom welcomes back Mel Mattison to discuss the economic implications of the new administration under Trump's second term.
He expresses skepticism towards government-released data such as CPI numbers and raises concerns about rising inflation and interest rates due to massive deficit spending and debt refinancing.
Mel Mattison: Debt, Deficits, and The Road to a New Monetary Order
Palisades gold Radio: 1-20-2025
Tom welcomes back Mel Mattison to discuss the economic implications of the new administration under Trump's second term.
He expresses skepticism towards government-released data such as CPI numbers and raises concerns about rising inflation and interest rates due to massive deficit spending and debt refinancing.
Mel estimates approximately seven to eight trillion dollars will be issued this year for these purposes, with uncertainty surrounding who will buy all this debt. He suggests real inflation numbers may be higher than reported, potentially leading to significant increases in interest rates.
The U.S., with a debt-to-GDP ratio of 120%, faces a major concern regarding unsustainable levels of interest expenses.
Mel shares his concerns about the historical parallels between the current high debt-to-GDP ratio and that of the post-World War II era, when reductions in debt came from a combination of surprise inflation and interest rate manipulations.
The need for fiscal sustainability is discussed, with maintaining a 3% deficit to GDP ratio suggested.
However, achieving this through cuts alone is considered unrealistic due to the significant role government spending plays in the economy.
The possibility of a debt reset under new Treasury Secretary Scott Besson is explored, with the need for independence from China's supply chains and essential goods emphasized due to global security competition.
The potential for gold and Bitcoin as neutral reserve assets is proposed, along with revaluing gold certificates held by the Federal Reserve and a move towards these assets to lead to significant increases in value.
Mel discusses Bitcoin potentially decoupling from risk assets like QQQ this year due to increasing institutional adoption.
Potential consequences of a global debt crisis include a revaluation of currencies through gold or Bitcoin, and economic wartime goals setting the stage for inflationary impulses to return.
The need for controlling interest rates and addressing inflation is emphasized, with potential consequences including debt repression, a gold certificate revaluation, and the promotion of stablecoins.
Mel predicts a significant crisis leading to market pullbacks and recoveries, while acknowledging the urgency to tackle deficit issues due to their increasing impact on tax receipts and interest expenses.
Time Stamp References:
0:00 - Introduction
0:44 - Economic Strength
6:20 - U.S. Debt Holders
11:33 - Debt & GDP Extremes
15:20 - DOGE Cuts & Deficits
21:18 - Debt Reset & BRICS
28:08 - Gold Cert. Valuations
31:43 - BTC & Gold Potential
35:53 - Global Debt & Reserves
39:16 - Tariffs Purpose & Trump
42:50 - Inflation & Oil Trends
46:56 - Trump Power Plays
51:34 - Equity Markets Outlook
56:35 - Jeffrey Gundlach
59:13 - 2025 Possibilities
1:01:23 - Wrap Up
Seeds of Wisdom RV and Economic Updates Monday Afternoon 1-20-25
Good Afternoon Dinar Recaps,
INCOMING PRESIDENT TRUMP SHOWS SUPPORT FOR INNOVATION, BUT MAKES NO MENTION OF CRYPTO DURING INAUGURATION SPEECH
During his campaign, Trump drummed up support from top executives, among others, in the crypto industry looking for a change in the U.S. regulatory environment.
Trump is also set to issue crypto-related executive orders.
Good Afternoon Dinar Recaps,
INCOMING PRESIDENT TRUMP SHOWS SUPPORT FOR INNOVATION, BUT MAKES NO MENTION OF CRYPTO DURING INAUGURATION SPEECH
During his campaign, Trump drummed up support from top executives, among others, in the crypto industry looking for a change in the U.S. regulatory environment.
Trump is also set to issue crypto-related executive orders.
In his return to Washington D.C. on Monday, Donald Trump touted his support for innovation, though did not specifically mention crypto during his inauguration speech on Monday.
“There’s no nation like our nation,” Trump said. “Americans are explorers, builders, innovators, entrepreneurs and pioneers. The spirit of the frontier is written into our hearts."
However, Trump did not mention crypto in a document titled "President Trump's America First Priorities" in an email sent out by the office of the press secretary. Punchbowl News earlier released the document.
During his campaign, Trump drummed up support from top executives, among others, in the crypto industry looking for a change in the U.S. regulatory environment.
Trump made several promises to the sector, including promising to commute Ross Ulbrucht's sentence, who is currently serving a life sentence without the possibility of parole for his role in creating and operating the dark web marketplace Silk Road, tied to bitcoin's early history.
Trump also vowed to stop "Joe Biden's crusade to crush crypto" by ensuring the future of crypto will not be "driven overseas," supporting the right to self-custody and preventing the development of a central bank digital currency.
Some Republican lawmakers have been staunchly opposed to a CBDC and say a CBDC could open the door to government surveillance of peoples' transactions.
Trump is reportedly poised to issue executive orders on his first day that could include creating a crypto council and ensuring that firms have access to banks, according to Reuters. The Washington Post reported last week that Trump could also issue executive orders that encompass repealing the U.S. Securities and Exchange Commission's controversial crypto accounting guidance, SAB 121.
A potential crypto council could have anywhere between 10 to 100 members. Those members will presumably be crypto executives, but those decisions will be up to the firms to pick who will represent them in the council, said Ron Hammond, senior director of government relations at the Blockchain Association, in an interview with The Block last week.
Trump also plans to issue an executive order to set cryptocurrency as a national policy priority, Bloomberg reported last week, citing sources familiar with the matter.
Days before his inauguration, Trump's team launched the TRUMP token on the Solana blockchain which reached a market cap of over $9 billion. Trump has also previously thrown his support behind the debut of World Liberty Financial, a DeFi protocol that counts former that counts the President-elect as its "chief crypto advocate." That project was criticized by some crypto pundits who called it "a meme masquerading as a utility project."
@ Newshounds News™
Source: The Block
~~~~~~~~~
OVER $200B WIPED FROM CRYPTO MARKETS AFTER TRUMP IGNORES CRYPTO IN CEREMONY SPEECH
The total crypto market cap dumped toward $3.6 trillion.
Donald Trump’s highly anticipated inauguration ceremony officially took place, and he is now the 47th US president.
Despite the numerous reports ahead of time about potentially including crypto in his speech, Trump failed to mention it even once, which triggered a massive crash for the entire market.
Just as the inauguration began, BTC’s price tumbled by over five grand, going from more than $107,000 to under $102,000 in minutes.
However, it managed to recover some ground and spiked to $105,000 during the speech. However, once that concluded and it became evident that Trump will not mention the digital asset industry at all, BTC and the rest of the market headed south immediately.
BTC’s nosedive took it south to $100,500 (for now). Many altcoins bled even more heavily, including Trump’s official meme coin. The recently launched asset is down by over 20% in the past hour alone and now struggles to remain above $40. Recall that it peaked above $70 earlier today but has faced a lot of competition and criticism following the launch of Melania Trump’s alternative.
Other massive losers include SPX, FARTCOIN, HBAR, WIF, LINK, AAVE, WLD, TIA, BONK, and more, as all of them have dropped by more than 6% in the last hour.
The total crypto market cap went from a daily high of over $3.850 trillion to $3.6 trillion during the crash.
The wrecked positions have shot up to nearly $200 million within that same timeframe. Almost 400,000 traders have been liquidated on a daily scale, according to data from CoinGlass.
@ Newshounds News™
Source: Crypto Potato
~~~~~~~~~
US CBDC ‘IS DEAD’ UNDER TRUMP, BUT STABLECOINS COULD BE SET TO EXPLODE
President Donald Trump has promised to “never allow” a CBDC in the United States, but stablecoin adoption is well on its way.
Now that US President Donald Trump has taken his oath of office, the chances for a US central bank digital currency (CBDC) are all but finished.
Trump has been a vocal opponent of CBDCs, promising on the campaign trail in New Hampshire in 2024 that he would “never allow the creation of a central bank digital currency,” as he claimed it would give the government “absolute control over your money.”
Trump made the promise early on in the campaign, back in January 2024, but there’s little to suggest that the president has changed his mind. Top picks for Trump’s Cabinet and prominent members of the Republican-controlled Congress have also vocally opposed a CBDC.
However, US lawmakers are still focused on proliferating digital currencies. In the absence of a digital dollar and with significant bipartisan support, stablecoin adoption could see significant growth under the incoming administration.
CBDCs are dead; long live the stablecoin
“CBDC in the US is dead under Trump,” Geoff Kendrick, global head of digital assets research at Standard Chartered, told Cointelegraph. “Instead, they’re going down the private stablecoin route, and the Fed has no control over that.”
Indeed, stablecoin legislation is already making its way through the system. In the House of Representatives, Rep. Patrick McHenry introduced the Clarity for Payment Stablecoins Act of 2023, while in the Senate, Wyoming Republican Senator Cynthia Lummis and New York Democratic Senator Kirsten Gillibrand submitted the Lummis-Gillibrand Payment Stablecoin Act.
These bills would provide regulatory guardrails that the industry has been saying it needs in order to succeed.
Some have suggested the industry could see new stablecoin regulations soon, as it would be a quick win for representatives on both sides of the aisle, who will need to defend their seats again in 2026.
Kendrick said, “I think, under Trump, you’ll get passage in the next few months of a stablecoin bill that creates regulation. You’ll then probably get more TradFi players issuing stablecoins in the US [...] and you’ll also get more surety behind the two largest stablecoins, Tether and USDC.”
The pivot to private stablecoins can be explained by two important factors: the clear privacy concerns surrounding CBDCs and the fact that central banks are having a hard time convincing the public of their benefits.
CBDCs raise concerns about privacy and government oversight
Reuters and The Washington Post have reported that the Trump administration is planning mass dismissals of federal employees, paving the way for them to be replaced by appointees loyal to the administration.
Administration spokesperson Brian Hughes told Reuters, “The Trump Administration will have a place for people serving in government who are committed to defending the rights of the American people, putting America first, and ensuring the best use of working men and women’s tax dollars.”
This rhetoric fits into the wider Republican skepticism of government involvement in the financial industry and the desire to deregulate that industry broadly. It comes as no surprise then that CBDCs, which are already a subject of public privacy concerns, should be a target.
John Kiff, a digital currency expert and former senior financial sector expert at the International Monetary Fund, told Cointelegraph that users “want cash-like anonymity and privacy, but central banks are reluctant to offer that as they bend the knee to financial integrity laws and regulations” like Anti-Money Laundering and Countering the Financing of Terrorism laws.
Kiff said, “Purported benefits are related to such things as increasing financial inclusion and reducing the costs to users and merchants of transactions.”
Trump himself suggested that, with a CBDC, the government “could take your money, and you wouldn’t even know it was gone.”
@ Newshounds News™
Read more: CoinTelegraph
~~~~~~~~~
LIVE: THE INAUGURATION OF DONALD J. TRUMP AS THE 47TH PRESIDENT OF THE UNITED STATES 1/20/25
If you missed the Inauguration Ceremony today, you can still watch it on the Rumble link here from Right Side Broadcasting Network.
@ Newshounds News™
Source: Rumble
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's Podcast Link
Newshound's News Telegram Room Link
Q & A Classroom Link
Follow the Roadmap
Follow the Timeline
Seeds of Wisdom Team™ Website
Subscribe to Seeds of Wisdom Team™ Newsletter
Thank you Dinar Recaps
15 Better Places Than Under the Mattress To Hide Money in Your House
15 Better Places Than Under the Mattress To Hide Money in Your House
By Laura Gesualdi-Gilmore
Consider storing cash in everyday items that make surprisingly good hiding spots.
You’ve probably seen it on TV and in movies 100 times before: a character trying to hide some cash throws it under a mattress.
But anyone breaking into your home looking for cash knows the mattress trick, making it a questionable place to hide money.
Of course, the best place for your money is in the bank — but if you’d like to keep some in your home, consider these less obvious, more secure hiding spots to reduce your money stress.
15 Better Places Than Under the Mattress To Hide Money in Your House
By Laura Gesualdi-Gilmore
Consider storing cash in everyday items that make surprisingly good hiding spots.
You’ve probably seen it on TV and in movies 100 times before: a character trying to hide some cash throws it under a mattress.
But anyone breaking into your home looking for cash knows the mattress trick, making it a questionable place to hide money.
Of course, the best place for your money is in the bank — but if you’d like to keep some in your home, consider these less obvious, more secure hiding spots to reduce your money stress.
A permanent, hidden safe
A safe could be a worthy investment if you plan to keep a lot of cash and other valuables in the home, but the safe should either be permanently bolted in place somewhere hidden — or weigh several hundred pounds.
An obvious-looking portable safe is simply too easy for thieves to run off with and figure out later.
Behind a drawer
Storing cash inside a kitchen or bedroom drawer is not the safest move. Anyone who breaks into your home will probably quickly sift through these looking for valuables.
However, putting cash in an envelope and taping it to the back or underside of the drawer (not in the drawer) can be a sneakier, more secure option.
Behind wall art or decor
Cash can also be stored in an envelope taped behind generic-looking art or something like a wall clock. Just make sure that the art or decor itself doesn’t look like something worth stealing.
In the bookshelves
Some people store bills among the books in their bookshelves. However, if you want to avoid shaking out every book when you need to go retrieve the cash, consider investing in one of the fake book safes Amazon sells.
These appear to be normal books but open up to a locked box.
A box in a box
In most cases, anyone looking to rob your home is going to be moving quickly, so the more obstacles you can add to your cash hiding spots, the better.
Consider hiding cash in a box placed within a box of something that would look unappealing to crooks — like winter clothes or Christmas ornaments (really anything that doesn’t scream value).
Opaque food jars
Certain food jars placed in odd places may be obvious—as will the stereotypical cash-filled old coffee can. But if you have some opaque food jars and keep them in their expected homes in your pantry, they can be a great place to hide cash.
You can also purchase things like fake Coke cans online that can be used as small safes.
In pockets
Any hiding spot that would require a potential thief to sift through a lot of items adds a layer of safety. Cash folded up and placed in the pocket of a pair of slacks or a coat hung up among many in a closet is probably safe — as long as you can remember where it is.
TO READ MORE: https://financebuzz.com/better-money-hiding-places-than-mattress
Barreling Towards an Economic Crisis at Year-End Unless this Happens
Barreling Towards an Economic Crisis at Year-End Unless this Happens
David Lin: 1-19-2025
The global economic landscape is looking increasingly precarious, with renowned economist Steve Hanke, Professor of Applied Economics at Johns Hopkins University, raising alarm bells about a potential crisis brewing before year-end.
In a recent interview with David Lin, Hanke painted a stark picture, suggesting that without significant corrective action, the world economy could be headed for turbulent times.
Barreling Towards an Economic Crisis at Year-End Unless this Happens
David Lin: 1-19-2025
The global economic landscape is looking increasingly precarious, with renowned economist Steve Hanke, Professor of Applied Economics at Johns Hopkins University, raising alarm bells about a potential crisis brewing before year-end.
In a recent interview with David Lin, Hanke painted a stark picture, suggesting that without significant corrective action, the world economy could be headed for turbulent times.
Hanke’s analysis focuses on the shifts in economic policy and conditions since Donald Trump’s inauguration, citing several factors contributing to the current instability. While he didn’t detail specific policy failures in the provided information, the framing of the interview heavily implies a correlation between post-Trump economic developments and the current vulnerability.
While the specifics of what “must happen” to avoid the crisis were not detailed in the information provided, Hanke’s reputation as a leading economic thinker lends significant weight to his warnings.
His implication that an economic crisis is a real possibility unless action is taken should be a wake-up call for policymakers and the general public alike.
The interview leaves many questions unanswered, but the core message is clear: the clock is ticking, and unless a decisive shift in [again, areas like economic policy & regulations] occurs, we may be facing a very difficult year-end. The world will be watching anxiously for how governments and institutions respond to these stark warnings from a respected voice in the economic field.