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Iraq Economic News And Points To Ponder Tuesday Afternoon 4-29-25
The Dollar Continues To Bleed Against The Iraqi Dinar.
Economy | 04/29/2025 Mawazine News – Baghdad - The exchange rate of the US dollar against the Iraqi dinar decreased in Baghdad markets on Tuesday.
The dollar price decreased on the Al-Kifah and Al-Harithiya stock exchanges, recording 144,650 dinars for every $100, while the price was 145,300 dinars for every $100 on Monday morning.
The Dollar Continues To Bleed Against The Iraqi Dinar.
Economy | 04/29/2025 Mawazine News – Baghdad - The exchange rate of the US dollar against the Iraqi dinar decreased in Baghdad markets on Tuesday.
The dollar price decreased on the Al-Kifah and Al-Harithiya stock exchanges, recording 144,650 dinars for every $100, while the price was 145,300 dinars for every $100 on Monday morning.
Selling prices also decreased in exchange shops in Baghdad's local markets, where the selling price reached 145,500 Iraqi dinars for every $100, and the buying price reached 143,500 dinars for every $100. https://www.mawazin.net/Details.aspx?jimare=260985
Government Advisor: Iraq Is In A Prosperous And Prosperous Era Despite The Difficulties Of The International Economy.
Time: 2025/04/29 Read: 3,645 times {Economic: Al Furat News} The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed that operating expenses, which include salaries and other expenses, constitute approximately 57% of total annual spending in Iraq, and are fully covered as construction projects proceed at an accelerated pace.
Saleh explained in a statement to Al Furat News Agency, "This confirms the success of fiscal space management in supporting the country's financial, economic, and developmental sustainability, even in light of the relative decline in the oil asset cycle."
He pointed out that this has had a positive impact on citizens' living conditions, as annual growth in the general price level, or the inflation index, has remained below 4% per year, a key indicator in the country's stability roadmap and maintaining its standard of living.
Saleh described the current situation as a "prosperous and prosperous era" despite the difficulties facing the regional and global economies.
He noted that Iraq ranks third in the West Asia region in terms of GDP composition, after Saudi Arabia and the United Arab Emirates, among the group of Arab countries with high annual national incomes, according to the latest international indicators and estimates. LINK
Basra Crude Oil Prices Stabilize At Around $67.44
economy | 09:31 - 04/29/2025 Mawazine News - Baghdad - Iraqi oil prices stabilized on Tuesday during weekly trading in the global market. According to a report reviewed by Mawazine News, Basra Medium crude oil recorded around $67.44 per barrel, while Heavy crude oil recorded $64.28 per barrel, with a change of -0.22 for both.
The report also showed an increase in global oil prices, with British Brent crude recording $65.22, while US West Texas Intermediate crude oil recorded $61.42 per barrel, with a change of -0.64 and -0.62, respectively. https://www.mawazin.net/Details.aspx?jimare=260981
Oil Announces Final Statistics On Exported Quantities During Last March
Energy Economy News – Baghdad The Ministry of Oil announced on Tuesday the final statistics on exported quantities during the month of March, indicating that revenues amounted to approximately $8 billion.
The ministry said in a statement seen by Al-Eqtisad News that "total oil revenues amounted to approximately $8 billion last month." She explained that "total oil exports amounted to (106,663,211) barrels."
The ministry continued, "The quantities of exported barrels of Basra oil amounted to (104,740,398), while the quantities of exported barrels of Kirkuk oil - Qayyarah field amounted to (1,613,048), while the quantities of exported barrels from the modern Kirkuk oil depot to Jordan amounted to (309,765)." 67 views 04/29/2025 - https://economy-news.net/content.php?id=54946
Baghdad Hosts A Unique Event On Innovation. Global Companies: Iraq Is Moving Forward With Digital Transformation
Tuesday, April 29, 2025, 4:39 PM | Economic Number of reads: 181 Baghdad / NINA / The capital, Baghdad, hosted the Dell Technologies Data Innovation Conference, with the attendance of government, parliamentary, and academic community figures, as well as businessmen and investors from the private sector in Iraq, to learn about the latest releases and technologies of modern information systems provided by Dell.
Dell experts reviewed the role of technology in leading digital transformation, stressing that Iraq is making rapid strides in digital transformation. "We contribute with public and private sector institutions to develop technology in Iraq, as well as help in developing plans and strategies for digital transformation, and defensive plans against cybersecurity attacks,"
said Sami Samara, Dell Regional Director in Iraq, in an interview with the National Iraqi News Agency ( NINA
). He added, "Through cooperation with the public and private sectors, we will offer extensive experience gained from America, Europe and Asia, with the aim of sharing this experience with the Iraqi market and developing it to achieve various successes in the technology and artificial intelligence sector. We also work with our local partners and with the public and private sectors, as we excel in designing and competitive growth for institutions."
He continued, "There are specific requirements for the banking, business, communications, health, defense, and cybersecurity sectors. Each of these sectors has its own unique characteristics and requirements, which is why we can identify the priorities and work systems in these sectors."
He emphasized that "Iraq is making rapid strides, and there is significant development and significant support from the government through clear directives. Today, there is Iraqi expertise, a workforce, and a growing knowledge base for the younger generation in modern technology."
In turn, the Managing Director of Global Technology Company, Ziad Al-Ani, confirmed in an interview with the National Iraqi News Agency ( NINA ), that this event is a true result of joint work and not the beginning of a new project.
He added, "The continued support of the Prime Minister and the government's orientation towards technological and technical development in Iraq has placed the Iraqi market at the forefront of international companies' interests, so that they prepare to work within Iraq themselves instead of choosing agents and representatives."
He added, "The government's strategy for digital transformation and infrastructure to be a distinguishing mark of the government's work conveys a true picture to decision-makers in international companies of Iraq's seriousness in building and developing this system."
He continued, saying, "The greatest attention is focused on the government sector due to the urgent need, as Iraq has actually begun entering the field of digital technology since 2022-2023, and there is increasing demand in the local market to attract these needs." He pointed out that there are many mechanisms for digital transformation to place Iraq among the ranks of global countries.
He added, "After 2003, we have a young generation aged 22-26 years old who are qualified to lead the digital transformation, and this is evidence that Iraq He has the human potential and economic strength of the state that makes the local market an effective market. /End https://ninanews.com/Website/News/Details?key=1223779
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Tuesday Evening 4-29-25
Good Evening Dinar Recaps,
HISTORIC: AI WILL BEGIN DEVELOPING LAWS IN THE UAE
The government of the UAE has launched what it calls the first AI-based legislative system, allowing synthetic agents to develop laws and monitor their effects through big data analysis.
UAE Enables AI Interaction in Lawmaking With New Smart Legislative System
Good Evening Dinar Recaps,
HISTORIC: AI WILL BEGIN DEVELOPING LAWS IN THE UAE
The government of the UAE has launched what it calls the first AI-based legislative system, allowing synthetic agents to develop laws and monitor their effects through big data analysis.
UAE Enables AI Interaction in Lawmaking With New Smart Legislative System
Artificial Intelligence (AI) has begun to penetrate all aspects of human life, and governance is next. On April 14, the government of the United Arab Emirates (UAE) approved the implementation of what the media is calling the first AI-powered legislative system, paving the way for the proposal of law projects with significant synthetic participation.
The system will link all judicial rulings to their established jurisdictions, creating a map that connects these rulings with AI elements. As a participant in this system, the AI will be able to monitor these developments and study the effects of regulations in each jurisdiction with the help of this map.
Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE and a member of the cabinet that approved this development, expects AI to significantly improve the legislative process in the UAE.
In this regard, he stated:
"The new AI-based legislation system will create a qualitative shift in the legislative cycle, its speed, and its accuracy, ensuring our national legislative excellence and keeping our laws in line with best practices and the highest aspirations."
Al Maktoum also highlighted that the system will be able to propose legislative amendments on an ongoing basis, supported by the analysis of their effects using big data and statistics. Official reports stated that the expectation is for this tool to enhance the efficiency of the legislative process and accelerate the legislative issuance cycle by up to 70%.
This new approach to legislation will also create new roles for AI agents, such as legislative researchers, legislative editors, and legislative monitors.
However, neither the technical details of the implementation nor the models to be used for this system were specified by UAE authorities.
@ Newshounds News™
Source: Bitcoin
~~~~~~~~~
US SENATE MAJORITY LEADER EXPECTS STABLECOIN VOTE BEFORE MAY 26 — REPORT
Lawmakers in the US Senate will reportedly move forward with a vote on the GENIUS stablecoin bill before the Memorial Day holiday.
US Senate Majority Leader John Thune reportedly told Republican lawmakers that the chamber would address a bill on stablecoin regulation before the May 26 Memorial Day holiday.
According to an April 29 Politico report, Thune made the comments in a closed-door meeting with Republican senators, who hold a slim majority in the chamber.
The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, was introduced by Senator Bill Hagerty in February and passed the Senate Banking Committee in March.
Thune did not mention any crypto or blockchain-related bills in his public comments on US President Donald Trump’s first 100 days in office. Since his Jan. 20 inauguration, Trump has signed several executive orders with the potential to affect US crypto policy, including one affecting stablecoins. Still, many of the actions do not carry the force of law without an act of Congress.
The proposed GENIUS bill could essentially restrict any entity other than a “permitted payment stablecoin issuer” from issuing a payment stablecoin in the United States.
The House of Representatives, also controlled by Republicans, has proposed a companion bill to the legislation: the Stablecoin Transparency and Accountability for a Better Ledger Economy, or STABLE Act.
Trump accused of conflicts of interest over stablecoins, crypto ventures
The president’s executive order, signed on Jan. 23, established a working group to study the potential creation and maintenance of a national crypto stockpile and a regulatory framework for stablecoins. Republican lawmakers followed by introducing the STABLE and GENIUS acts.
Trump also introduced the order before World Liberty Financial, a crypto firm backed by the president’s family, launched its US-dollar pegged USD1 stablecoin.
Many Democratic lawmakers said that Trump’s ties to the firm, coupled with his political influence and position, could present an “extraordinary conflict of interest that could create unprecedented risks to our financial system” as Congress considers the two stablecoin bills.
@ Newshounds News™
Source: CoinTelegraph
~~~~~~~~~
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FRANK26….4-29-25……WHAT DID ALAK SAY???
KTFA
Tuesday Night Conference Call
FRANK26….4-29-25……WHAT DID ALAK SAY???
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Tuesday Night Conference Call
FRANK26….4-29-25……WHAT DID ALAK SAY???
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE=IMPLEMENTATION
Economist’s “News and Views” 4-29-2025
A New Gold Standard: Evidence & Path to $10,000 Gold Intensifies | Mike Maloney
4-29-2025
A seismic shift in the global economy is underway. In this eye-opening video, Mike Maloney reveals new evidence pointing to an imminent return to a gold-backed monetary system.
From Donald Trump's gold-centric strategies to behind-the-scenes maneuvers by the U.S. Treasury and global elites, this is the clearest sign yet of a massive financial reordering.
Learn why global gold flows are surging, how COMEX is preparing for a potential crisis, and what history teaches us about the coming monetary reset.
A New Gold Standard: Evidence & Path to $10,000 Gold Intensifies | Mike Maloney
4-29-2025
A seismic shift in the global economy is underway. In this eye-opening video, Mike Maloney reveals new evidence pointing to an imminent return to a gold-backed monetary system.
From Donald Trump's gold-centric strategies to behind-the-scenes maneuvers by the U.S. Treasury and global elites, this is the clearest sign yet of a massive financial reordering.
Learn why global gold flows are surging, how COMEX is preparing for a potential crisis, and what history teaches us about the coming monetary reset.
Will you be positioned for the greatest wealth transfer of our lifetime?
Gold Is Replacing The US Dollar | Michael Pento
Liberty and Finance: 4-28-2025
Michael Pento argues that the stock market remains overvalued despite clear signs of economic distress.
He warns that inflation and supply shortages pose serious threats, while the real estate market is weakening under the pressure of rising mortgage rates and growing inventory.
Pento emphasizes that both retail and institutional investors often react emotionally and irrationally, especially during downturns.
Notably, he states that gold is beginning to supplant the U.S. dollar as the world reserve currency, reflecting a loss of confidence in American monetary policy.
Given the Federal Reserve’s limited ability to stabilize the economy, Pento advocates for proactive and strategic investing in a market that may not follow historical recovery patterns.
INTERVIEW TIMELINE:
0:00 Intro
1:25 Stock market
6:00 Real estate market
15:30 Treasury bond demand
19:00 Recession
23:00 Tariffs
This Signal 'Front-Running' Global Depression: Repeat of 1929? | Mike McGlone
David Lin: 4-29-2025
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, examines the indicators suggesting an impending global recession, arguing that gold outperformance versus silver signals economic contraction while predicting continued stock market weakness and potential deflation despite short-term inflationary pressures from tariffs.
0:00 – Intro.
1:02 – Inflation expectations
3:05 – Tariff impact
8:21 – Market indicators
12:34 – Phillips Curve breakdown
14:11 – Gold/silver cross
18:26 – Metals forecast
20:51 – Front-running recession
24:34 – Gold/Bitcoin
28:20 – Bullish assets
30:22 – Bitcoin
34:10 – DXY and Oil
Seeds of Wisdom RV and Economic Updates Tuesday afternoon 4-29-25
Good afternoon Dinar Recaps,
VISA, STRIPE, AND MASTERCARD DRIVE STABLECOIN GROWTH IN 2025
▪️Stablecoins are transitioning from a crypto niche to a significant force in global finance.
▪️Major financial firms like Visa, Mastercard, and Stripe are actively integrating stablecoin technology.
▪️Stablecoin transaction volumes now surpass Visa's, indicating rapid mainstream adoption.
Good Afternoon Dinar Recaps,
VISA, STRIPE, AND MASTERCARD DRIVE STABLECOIN GROWTH IN 2025
▪️Stablecoins are transitioning from a crypto niche to a significant force in global finance.
▪️Major financial firms like Visa, Mastercard, and Stripe are actively integrating stablecoin technology.
▪️Stablecoin transaction volumes now surpass Visa's, indicating rapid mainstream adoption.
Stablecoins are evolving from a niche part of the crypto world to a major player in global finance. With major financial institutions like Visa, Mastercard, and Stripe supporting stablecoin projects, and transaction volumes now surpassing Visa’s network, it’s clear that stablecoins are changing the way money moves around the world.
Visa, Mastercard, and Stripe Embrace Stablecoins
There’s no denying the shift – traditional finance is embracing stablecoins. Visa has launched its Tokenized Asset Platform to help manage stablecoins and tokenized deposits. Stripe, meanwhile, is testing stablecoin payments to make it easier for businesses outside the US and EU to access US dollars.
Mastercard has introduced features that allow consumers to spend in stablecoins and merchants to receive payments in these digital currencies worldwide.
Stablecoin Market Overview
The stablecoin market is booming, with a total market cap of $243.1 billion, according to Coingecko. Tether (USDT), USDC, and USDS lead the charge, with market caps of $148 billion, $62 billion, and $7.6 billion, respectively. In terms of transaction volume, Tether dominates with over $51 billion, followed by USDC with $11 billion.
Stablecoin Transaction Volume Surpasses Visa
In an impressive shift, stablecoins now process more transactions on a weekly basis than Visa. This signals their growing influence in the global financial system and suggests they’re quickly becoming a mainstream financial tool that challenges traditional payment networks.
The Future of Stablecoins: What’s Next?
Billionaire investor Chamath Palihapitiya predicts that the stablecoin sector will see significant growth throughout 2025, with US dollar-backed stablecoins emerging as the biggest winners. He believes these stablecoins will become a core component of the global financial system, further solidifying their position in the market.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
CIRCLE SECURES USDC REGULATORY NOD IN ABU DHABI, ENTERS TECH ECOSYSTEM
Circle's FSRA approval in Abu Dhabi sets stage for significant USDC expansion across the Middle East and Africa.
Circle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi.
The approval, announced on April 29, allows Circle to move closer to receiving a full Financial Services Permission (FSP) to operate within the Abu Dhabi Global Market (ADGM).
This progress comes just months after Circle’s incorporation in ADGM in December 2024. It marks a significant step in the stablecoin issuer’s plan to offer compliant financial services across the Middle East and Africa (MEA).
Circle stated that the approval strengthens its position as a trusted player in the expanding world of regulated digital finance.
The firm continued that the move would allow it to expand the reach of USDC, the second-largest US dollar-pegged stablecoin by market capitalization, throughout the Middle East.
According to the firm, this would significantly boost USDC’s adoption in a region increasingly turning toward digital assets and adequately compete against Tether’s USDT, the largest stablecoin by market cap.
Circle’s CEO, Jeremy Allaire, said:
“[This creates] new pathways for investment and innovation in the region. It also underscores Circle’s enduring commitment to global stablecoin oversight—strengthening trust, compliance, and adoption worldwide, while laying a resilient foundation for the internet financial system.”
Collaboration with Hub71 to boost innovation
Beyond its regulatory success, Circle has partnered with Hub71, Abu Dhabi’s leading global tech ecosystem.
This partnership is focused on promoting digital asset innovation and strengthening the region’s fintech infrastructure.
Circle will work with Hub71 to tap into ADGM’s digital regulatory sandbox, a framework designed to test and support new financial technologies. The collaboration will give fintech founders access to grants, funding networks, and opportunities to scale their businesses.
Additionally, Circle will become part of Hub71’s Digital Assets Specialist ecosystem. This growing community includes more than 500 tech startups and venture capital partners.
Ahmad Ali Alwan, CEO of Hub71, said:
“Circle’s expertise will enrich our digital assets ecosystem, providing Hub71 founders with greater access to resources, mentorship, and growth opportunities. Through this partnership, we are enabling the adoption of leading digital financial infrastructure that supports startup growth and drives the evolution of Web3 and digital finance from Abu Dhabi.”
@ Newshounds News™
Source: CryptoSlate
~~~~~~~~~
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Financial Independence vs. Financial Freedom: Know the Difference, Build Both
Financial Independence vs. Financial Freedom: Know the Difference, Build Both
Jordan Rosenfeld Sun, April 27, 2025 GOBankingRates
The terms financial independence and financial freedom are tossed around a lot when discussing goals related to security and wealth building. Do they mean the same thing? And more importantly, how do their definitions affect your financial life?
While they’re closely related — and often part of the same journey — they aren’t the same thing, according to Melissa Murphy Pavone, CFP and founder of Mindful Financial Partners.
Here’s how to understand the difference — and what it takes to build both.
Financial Independence vs. Financial Freedom: Know the Difference, Build Both
Jordan Rosenfeld Sun, April 27, 2025 GOBankingRates
The terms financial independence and financial freedom are tossed around a lot when discussing goals related to security and wealth building. Do they mean the same thing? And more importantly, how do their definitions affect your financial life?
While they’re closely related — and often part of the same journey — they aren’t the same thing, according to Melissa Murphy Pavone, CFP and founder of Mindful Financial Partners.
Here’s how to understand the difference — and what it takes to build both.
Financial Independence: The ‘Enough’ Threshold
Financial independence means you’ve accumulated enough assets to cover your lifestyle without relying on traditional employment, according to Christopher Stroup, CFP and owner of Silicon Beach Financial. “It’s the foundation, as your money works for you.”
In other words, Pavone said financial independence means “work becomes a choice, not a necessity.”
Financial Freedom: Unlocking Possibility
Financial freedom builds on that foundation, Stroup said, allowing you “flexibility and control.” This could look like a variety of things, like “the ability to take a sabbatical, fund a passion project or change careers without financial pressure,” he said.
In a nutshell, “Independence provides security; freedom unlocks possibility,” Stroup said.
Financial freedom can also bring a sense of peace or ease because you can “live life on your own terms,” according to Autumn Knutson, CFP, founder of Styled Wealth and a CFP Board Ambassador.
A Real-World Scenario
To illustrate the difference, Stroup offered this example: Imagine an early employee at a growing tech company who leverages stock options, invests bonus income and avoids lifestyle creep.
“They reach financial independence in their 40s, but they achieve freedom by shifting into advisory work, traveling more, and spending time on causes they care about,” he explained.
TO READ MORE: https://www.yahoo.com/finance/news/financial-independence-vs-financial-freedom-131605427.html
A Gold Standard Golden Age
Digger Barr: A Gold Standard Golden Age
4-29-2025
By Digger Barr gaiasgardens.guru/
In the financial side of things how is everyone doing?
Once again it is difficult to know whether things are getting better or not.
People on the streets of America share information by very some very basic markers.
How much is gas today? How much did you pay for lunch?
And the latest fun focal point, how much are eggs?
Digger Barr: A Gold Standard Golden Age
4-29-2025
By Digger Barr gaiasgardens.guru/
In the financial side of things how is everyone doing?
Once again it is difficult to know whether things are getting better or not.
People on the streets of America share information by very some very basic markers.
How much is gas today? How much did you pay for lunch?
And the latest fun focal point, how much are eggs?
Across a state, across the country or even just across town we can check and see who is selling what at what price. The egg thing cracks me up, because now that Easter is passed, eggs are plentiful because everyone stocked up, or have found alternatives and no one is buying. A new type of Passover.
My daily check in is on the price of Gold and Silver.
This lends to a wider gauging to see if the markets or bankers have given up the game yet.
We can see by the latest number that the game is still afoot.
We are seeing improvements but inaccuracies have not been resolved yet.
While gas prices were going up, Gold did as well.
Unlike at the pump, seeing Gold hit an all time high is exciting news.
As we watch Gold climb, we should be silver climb right along side it and this is where things get weird.
Silver is high for silver but it is not keeping pace with its counterpart, gold, as it should be in the ratio realm.
What is the ratio realm one might ask?
Very simple actually. The ratio is how many oz of silver it takes to buy an oz of gold.
The current price of Gold divided by the current price of silver gives the comparison ratio.
A current rate of $3331Au divided by 33.64 Ag as of Sunday April 27th is a ratio of 99:1 (Au is gold and Ag is silver)
This is so far off the mark that alarms should be blaring in some trade commissioners office somewhere.
It isn’t rocket science. It is the billboard in neon lights flashing like a Las Vegas casino.
The standard ratio should stand around 15:1.
That is the historical reference point that my coin appraiser always gives me for comparison.
This reference point was from the coin act of 1792. More on that below.
Other sources will state the historical rate is 40 to 80.
That is a current historical reference which doesn’t go back very far.
Even at that vast difference in reference points one can see that a 99 number is simply unbelievable.
And it is unbelievable.
The price of gold, which varies greatly right now from country to country, fluctuates rapidly day to day in each market.
Let’s use the price in the USA last week as it hit an all time high of $3500.05 on April 22.
On that day the price of silver was at 32.61.
Already you can see something is not right.
The math tells us on that day the ratio was 107.33 (107, really?)
If you google the current ratio the AI generated answer reports the ratio is at 79.
With the price of gold at 3500 and with a ratio of 79, silver should be priced at $44.30.
But that never happened.
What does that mean?
Your guess is as good as mine. It basically reminds us of what we already know.
The metals market is rigged beyond belief.
But ratios fluctuate as the markets do so ultimately the ratio is just a tool.
But what is this tool for and how do we use it?
The gold / silver ratio is used by analysts to gauge the markets.
The wider the ratio, the more undervalued silver is, the narrower the ratio. The undervalue lies with gold.
When making an investment and you can’t decide which metal to invest in, look at the ratios.
At current market trends if the ratio reaches 40 or less it’s a great time to look at gold.
I haven’t seen that low of a ratio for years.
The Coin Act of 1792 was a regulation passed by Congress on April 2 1792.
Does that date ring any bells? April 2 this year? Liberation Day?
This act established the United States mint and laid out the foundation for modern currency.
It established the US dollar as the nation’s standard unit of currency.
It also established the dollar as a basic unit of currency reflecting its value against gold..
And it fixed the price of gold and silver at a ratio 15:1.
Dollars as units were valued incrementally as coins in a decimal system giving us gold, silver and copper coins.
As gold coin dollars, they were minted as $10, $5 and $2.50.
A silver coin as one dollar and further increments down the line.
Copper was one cent or a half cent.
Our dollar was asset backed.
Beyond the ratio standard there are two other things that the Act established that I found very interesting. One is that for quality control, the Mints act, as it was also referred to, that all coins must be made of the proper weight and quality of its equivalent metal.
This is called assaying of coins.
The law also stated that debasement of gold or silver was a penalty of death.
This meant if you messed with the quantity or quality of gold or silver making up the units of exchange, i.e. the coins as dollars or cents, you could be executed.
The assaying of coins regulation remained in effect until 1980 When the US Assay commission was abolished.
I am not sure of dates, but didn’t our coin minting get manipulated prior to that?
In my perspective, abolishing the commission was a debasing of our currency.
We have long known the value of our coins has diminished.
And now we know how they circumvent the system in order to do it.
Imagine a penalty of death for doing what ‘they’ have done.
As far as I can see the Coin Act of 1792 is still in effect.
Sans the abolishment of the assaying of coins, the gold to silver ratio should still be in the ballpark of 15 to 1 as my coin appraiser gleefully quotes but never explains.
Apparently it is dangerous to point out the criminal actions of the controllers.
Let’s do some more math shall we.
Gold at an all time high $3500 oz t at 15:1.
This puts the current legitimate value of silver at about $233.33 oz t.
Oz t or t Oz is a troy ounce.
Imagine if Gold had an actual value and not just a manipulated value.
You know how they devalue property in order to buy large tracts of desirable land.
Like they do with bringing natural disasters to regions with a potential motherlode of rare earth or other local desirable items.
Obviously they are manipulating silver.
We will have other market factors that come into play. Mining, recovery rates and costs of mining, manufacturing demands, trade values, etc.
Establishing values is in constant fluctuation.
But the US dollar was backed by assets when it was established.
And it would appear it still should be.
So let’s see how this volatile market plays out from here.
In the meantime I have heard that Washington State wants to tax the purchase of Metals.
Metals as a form of unit of exchange as minted currency?
Can that be taxed?
I think there are some legislators in this state that need to take a history class.
An ethics class wouldn’t hurt either.
How is it even possible to tax an exchange of what should be considered ‘equivalent’ legal tender?
That is like saying every time you go to the bank and withdraw your own money you have to pay a tax to get it back.
The exchange should be considered no different than trading 4 quarters for a one dollar bill.
Trading US dollars for Mint coinage is not buying,
It is Exchanging at current market value.
Therefore, in my opinion, not taxable.
There are still a few things we need to get figured out.
April 2 is starting to take its place in the rear view mirror.
What happened that we still don’t know about?
I can appreciate the reference that it made.
Maybe it was about us getting informed about what the rules were.
And still are!
Maybe ‘He’ was checking to see if we were paying attention.
So now, let’s see some action in real time at the gas pump, in the market and at the table.
We need relief in the pocket book soon.
The upside down markets that are messing with our lives and livelihood are coming to a crescendo.
Hang on. Folks, it’s going to get bumpy.
The people who gave themselves permission to debase our money are not wanting to give up their control. And apparently are trying harder than ever to take what we do have.
We are onto them like flies on a light bulb.
Neon lights are blinking loud and clear, Asset backed Change is in the air.
Don’t forget to have some fun along the way.
Everyday is an opportunity to enrich our lives in multiple forms of currency.
Now, who likes horse racing?
Digger25
Source: Golden Age of Gaia
https://dinarchronicles.com/2025/04/29/digger-barr-a-gold-standard-golden-age/
Tuesday Coffee with MarkZ. 04/29/2025
Tuesday Coffee with MarkZ. 04/29/2025
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Morning Mark, Mod, and friends
Member: What is up with all the chatter going on about rv? My goodness rumors are all over the place!
Member: Seems like either clickbait of a lot of misinformation?
Tuesday Coffee with MarkZ. 04/29/2025
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Morning Mark, Mod, and friends
Member: What is up with all the chatter going on about rv? My goodness rumors are all over the place!
Member: Seems like either clickbait of a lot of misinformation?
Member: Many are saying it should be made more public today and the green light given. Who knows! LOL
MZ: if it had gone…we would all know about it.
Member: April almost over !! Let’s go rv !!!
MZ: the bond side remains eerily quiet. We are desperately waiting to see if anyone has funds that are spendable. Whenever I get that news I will share it. We should know more by this evening.
Member: Eerily quiet seems like a good sign?
Member: if they signed NDA’s- they would be definitely eerily quiet…imo
Member: hey Mark do we know how many Bond people there actually is or is it just a guess number?
Member: Mark, If you receive reports that your bond holders have spendable money would that put this weekend in play?
Member: Did everyone see the statement made by the IMF about the global economy preparing for a reset?
MZ: Pretty much every prominent banker is saying there will be a reset. President Trump and Judy Shelton says there is going to be a reset……everyone except Main Stream Media is telling us.
Member: Scott Bessent says a reset is coming.
Member: Evidently, many folks need Bigfoot to jump out in front of them and scare them into believing a reset is coming!!!
Member: We have to remember there are two resets in the planning…don’t we?? The bad guys “Great reset” and the QFS Asset backed reset.
MZ: in Iraq: “ Iraq confirms support for the continuation of the NATO advisory mission” They will just be training and support as Iraq is sovereign and able to support itself and its own security needs.
MZ: Articles like this come out almost daily now “ Government advisor: Iraq is in a prosperous era despite the difficulty of the international economy”
MZ: “US energy giant inks $100 million deal with Sulaimani plant” this is GE and they are tripling its output. International baby! They are not signing these huge deals for nothing.
MZ: “A vast underground hydrogen reserve could power earth for 1,000 years.” This is a crazy miracle commodity find. This is in the Midwest of the US.
MZ: “US tariff revenues reach $15 billion in April: Treasury” This is higher than all the MSM thought he would hit. This could result in greatly reduced or non existent income taxes down the road.
Member: TNT says RV after 5 tonight.. again!!!!
Member: Not holding my breath on timing. It will simply happen. Live life. I suggest tater tots.
Member: I am wondering who has the authority to give the green light for the RV to start?
Member: I am still wondering -is the gold in Ft. Knox or not?
Member: It feel like there’s so much drip, drip, drip the pipes are about to explode and we could see the proverbial s$*! hit the fan soon! Not to mention the RV and N/G!!
Member: I live in a town of about 700 people, one small Bank and the teller is a friend of mine and she said she has seen the new money that is not out and about yet I live in far Northern Wisconsin!
MZ: isn’t that fun……and from a small town too!
Member: There was a announcement from Citizens Bank about ISO 20022 and the platforms they are going to use. It was sent out to all account holders.
Member: Reset. Reset Reset. Reset.. Doing my part..
Member: thanks Mark and Mods….Hope everyone has a good day.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS! FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS
News, Rumors and Opinions Tuesday 4-29-2025
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 from the Restored Republic via a GCR: Update as of Tues. 29 April 2025
Compiled Tues. 29 April 2025 12:01 am EST by Judy Byington
Judy Note: According to Dr. Charlie Ward on Mon. 28 April:
Trump’s tax plan: tariffs in, income taxes out. 14% tax on new items bought only. None on food, medicine.
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 from the Restored Republic via a GCR: Update as of Tues. 29 April 2025
Compiled Tues. 29 April 2025 12:01 am EST by Judy Byington
Judy Note: According to Dr. Charlie Ward on Mon. 28 April:
Trump’s tax plan: tariffs in, income taxes out. 14% tax on new items bought only. None on food, medicine.
By April 2025 President Trump was actively taking down: The IRS while he installed the ERS (External Revenue Service) that “substantially reduces, perhaps eliminates taxes for those making less than $200K a year.”
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What We Think We Know as of Tues. 29 April 2025:
Mon. 28 April 2025 JUST IN: Trump says a TOTAL tax cut could be coming. “We’re gonna cut taxes for the people of this country. It’ll take a little while… it’s possible we’ll do a complete tax cut. I think the tariffs will be enough to cut all of the income tax.” …Elon Musk on Telegram
Mon. 28 April 2025: URGENT: TRUMP’S MASTER MOVE: TARIFFS IN, INCOME TAX OUT — THE EMPIRE STRIKES BACK – amg-news.com – American Media Group
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The Real News for Mon. 28 April 2025:
Sun. 28 April 2025 President Trump: “THE EXTERNAL REVENUE SERVICE IS HAPPENING!!!” – Income Taxes to be “Substantially Reduced, Maybe Even Completely Eliminated” for Those Making Less Than $200K/Year: https://www.thegatewaypundit.com/2025/04/president-trump-external-revenue-service-is-happening-income/
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Possible Timing: (Rumors)
On Thurs. 27 March 2025 Military (allegedly) took control of the Federal Reserve and severed all links to the US Treasury. Fiat printing was dead. All future currency would be asset-backed, and all debt created through fraudulent lending systems, nullified — including mortgages, student loans, credit cards, and more. There (allegedly) would be a public announcement by July 4 2025.
A new gold/asset-backed currency for 207 nations that traded at a 1:1 with each other would end the era of fiat US Dollar manipulation – liberating the World, along with release of over 6,000 suppressed technologies including free energy, antigravity and healing machines.
Tues. 6 May All banks gone Quantum: Fiat = DeaD. Gold, silver, energy-tokens: QFS ACTIVE.
Memorial Day Weekend – May 23-26, 2025 – was the target for a Global financial crash
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Global Currency Reset Underway:
The global financial system is in the midst of a transition. Major banking institutions in Zurich, the Rhineland and Hong Kong have entered the final liquidity phase. Important sources confirm that notifications are (allegedly) already being sent.. Historic moves underway! Multiple sources report that the QFS is (allegedly) clearing high-value transactions, ensuring large-scale liquidity deployment across multiple levels. Private banking sources confirm that funds are being transferred to designated accounts. This is (allegedly) the final stage before the public launch!
Urgent: Bank screens now displaying live trading rates! (Rumors)
IQD: $9.35 – now activated on internal banking platforms!
VND: US $5.89 – Surpassing projected levels!
ZIM: Processing – Elite groups now receiving!
Private Jet landing: high level transactions confirmed! Military and government agents have (allegedly) arrived in Reno and Hong Kong. Elite bank employees are being escorted under security protocols; something historic is happening.
Thurs 24 April 2025 evening the IMF (allegedly) fulfilled its duty and uploaded multiple currencies to Forex. We are watching developments very closely.
Mon. 28 April 2025 RV Update: Country confirmations are in for India, New Zealand, Australia, UK, Africa, Asia, some in Eu. …Melissa AU
Read full post here: https://dinarchronicles.com/2025/04/29/restored-republic-via-a-gcr-update-as-of-april-29-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Italy, France and Germany and many other countries are here signing deals. Mr Sammy says they also here to learn about the new digital platform. Asraflak is teaching not only the Iraqi citizens but those that are going to invest in our country that this digital platform that we are about to launch. They are training too.
MarkZ [via PDK] We are waiting for bond payout confirmations. Things are moving - we just don’t know how quickly though…I was always told once we hit 30-40% of those historic bonds we are roughly 3-5 days of us going. We do not know what percentage has been paid out yet. We are very hopeful that all the payments that have been initiated happened this weekend...We are waiting to find out if bond holders have fully spendable money today. We are watching this today and tomorrow. There are definitely some people with NDA’s. They point blank told me they are on NDA’s and can give me no details.
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Iraq & France Strengthen Ties
Edu Matrix: 4-29-2025
Chaos ahead of Iraq’s November 2025 elections! Iran-backed factions are stirring tensions as Iraqis continue learning and embracing their democratic rights. This channel proudly supports any Prime Minister, including Al-Sudani, who encourages Iraq’s economic growth without foreign interference.
Iraq Economic News And Points To Ponder Tuesday Morning 4-29-25
A State-Owned Bank Details The Mechanism For Obtaining The 200 Million Dinar Loan
Banks Economy News – Baghdad Rashid Bank announced on Monday details of the mechanism for obtaining a home purchase loan worth up to 200 million dinars, allocated to employees whose salaries are domiciled with the bank and citizens in general. The bank explained in a statement received by Al-Eqtisad News that the loan will be disbursed in two installments:
The first installment is disbursed after submitting the documents required to open a statement from the Real Estate Registration Department. It amounts to 50 million dinars if the requested loan amount is 100 million dinars or more, and 25 million dinars if it is less than 100 million dinars.
A State-Owned Bank Details The Mechanism For Obtaining The 200 Million Dinar Loan
Banks Economy News – Baghdad Rashid Bank announced on Monday details of the mechanism for obtaining a home purchase loan worth up to 200 million dinars, allocated to employees whose salaries are domiciled with the bank and citizens in general. The bank explained in a statement received by Al-Eqtisad News that the loan will be disbursed in two installments:
The first installment is disbursed after submitting the documents required to open a statement from the Real Estate Registration Department. It amounts to 50 million dinars if the requested loan amount is 100 million dinars or more, and 25 million dinars if it is less than 100 million dinars.
The second payment is disbursed after the mortgage transaction is completed.
He pointed out that if the borrower wishes to obtain the full loan amount, he can submit an alternative real estate deed in his own name or in the name of a third party, and mortgage it to the bank for a period of six months until the new property is submitted. A property registered in the borrower's name may also be accepted to obtain the full loan.
The bank explained that the guarantees include mortgaging the property to the bank, with a guarantor covering half the loan amount and interest from the guarantor's salary. The bank may accept more than one guarantor if necessary, provided their salary is domiciled with the bank. https://economy-news.net/content.php?id=54905
The Minister Of Foreign Affairs Stresses The Need To Simplify Consular Services Provided To The Iraqi Community In The United States And Improve Their Quality
Monday, April 28, 2025 9:50 PM | Politics Number of reads: 197 Baghdad / NINA / Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein stressed the need to simplify consular services provided to the Iraqi community in the United States and improve their quality.
A statement by the Ministry of Foreign Affairs said: "The Minister visited the Embassy of the Republic of Iraq in Washington, on Monday, where he met with the Iraqi Ambassador to the United States of America, Nizar Al-Khairallah, and members of the embassy staff."
The visit came, according to the statement, within the framework of following up on the progress of diplomatic work and strengthening relations between Iraq and the United States, coinciding with the discussions that the Minister is holding with American officials during his current visit to Washington.
During the meeting, the Foreign Minister discussed with the embassy staff ways to develop the strategic partnership between the two countries, especially in the political, security and economic fields, in line with the agreements signed between the two sides, foremost of which is the Strategic Framework Agreement.
The meeting also discussed, according to the statement, the ongoing preparations for the meeting of the Joint High Committee between Iraq and the United States, scheduled to be held soon, which will discuss cooperation in several fields, stressing the importance of good preparation for these meetings.
The Minister praised the great efforts made by the Ambassador and the embassy staff in this framework, pointing to the importance of strengthening coordination between the two countries in light of the current regional developments.
In the same context, Fouad Hussein stressed the need to simplify consular services provided to the Iraqi community in the United States, stressing the importance of improving their quality.
For his part, Ambassador Nizar Al-Khairallah expressed his appreciation for this visit, describing it as “a supportive step for diplomatic work that comes in light of the great circumstances and challenges facing the region.” /End https://ninanews.com/Website/News/Details?key=1223643
In Cooperation With The United Nations Development Programme, The Ministry Of Planning Discusses Updating The Private Sector Strategy (2014-2030)
Monday, April 28, 2025 17:46 | Economic Number of reads: 143 Baghdad/ NINA / The Ministry of Planning, in cooperation with the United Nations Development Program, held a workshop on Monday to update the private sector strategy (2014-2030).
Sabah Jundi Mansour, Director General of the Economic and Financial Policies Department, chaired the workshop. He explained that the private sector is a fundamental pillar for achieving sustainable economic development, as it represents an effective partner in building a diversified and strong national economy.
He affirmed the committee's commitment to strengthening the role of this sector by developing a clear and integrated vision that responds to current challenges and invests in future opportunities.
He pointed out that this workshop represents an important step in a long path that requires concerted efforts and active participation from all parties, including the government, the private sector, civil society, and international partners. He pointed out that the success of updating this strategy depends on transparent dialogue, creative ideas, and a shared vision aimed at creating a stimulating economic environment that generates job opportunities and enhances innovation and investment.
He emphasized the government's endeavor to support the private sector to be a major driver of growth and economic development in the long term. https://ninanews.com/Website/News/Details?key=1223611
Al-Atwani: Oil Price Fluctuations Require Us To Seek Alternative Sources Of Revenue.
Money and Business Economy News – Baghdad Parliamentary Finance Committee Chairman Atwan al-Atwani stressed on Monday that fluctuating oil prices and their impact on the budget require us to seek alternative and sustainable sources of revenue.
A committee statement, seen by Al-Eqtisad News, stated that "the Parliamentary Finance Committee, headed by Atwan Al-Atwani, held an expanded two-day workshop to discuss ways to maximize revenues, in cooperation with the International Partners Foundation, with the participation of experts, consultants, university professors, and relevant official bodies."
The statement added, "The workshop focused on discussing the proposed amendments to the Federal Revenue Control Authority Law, where many opinions and proposals were put forward that revolved around the need to activate the work of the Authority, and to strengthen and activate...
And to activate its powers, particularly with regard to the process of assessing state revenues and the means of collecting them, with the aim of preserving public funds and promoting sustainable development.
Al-Atwani noted that "the workshop is at the heart of our efforts to enhance the country's financial sustainability and represents a real opportunity to come up with practical, applicable recommendations that contribute to achieving our shared goals.
" He added that "our fruitful cooperation with the International Partners Foundation represents a valuable addition to our efforts, and we appreciate their support and expertise in this vital field."
He noted that "exchanging expertise and knowledge with leading international institutions will undoubtedly contribute to enriching discussions and providing innovative solutions."
Al-Atwani stressed, according to the statement, that "the fluctuations in oil prices and their impact on the budget require us to seek alternative and sustainable sources of revenue."
He noted that "the path to a sustainable economy may be fraught with challenges, but it is also rich with opportunities," stressing that "the Parliamentary Finance Committee looks forward to this workshop being a true starting point toward building a more stable and prosperous economic future."
He continued, "Our economy's decades-long dependence on oil revenues has made the country's financial situation fragile and weakened our ability to achieve sustainable development goals. This requires serious work to overcome this 'single dependence'." He emphasized that "economic diversification is no longer a complementary option, but rather an urgent necessity and a strategic imperative for building a multifaceted economy based on diverse productive and service sectors capable of generating wealth and creating added value.
" He noted at the same time that it is "the best way to protect our economy against external shocks, expand the base of economic growth, and provide sustainable opportunities for our future generations."
He pointed out that "the ongoing fluctuations in oil prices and their impact on the state's general budget require us to seek alternative and sustainable sources of revenue that will contribute to financing development projects and improving services."https://economy-news.net/content.php?id=54923
Al-Sudani Stresses The Importance Of The Project Financing Initiative And Its Effective Impact On The Growth Of The Industrial Sector
Banks Economy News – Baghdad Prime Minister Mohammed Shia al-Sudani stressed on Monday the importance of the project financing initiative and its effective impact on the growth of the country's industrial sector. He noted that launching initiatives must be credible, with the necessary infrastructure in place.
The Prime Minister's Media Office stated in a statement, seen by Al-Eqtisad News, that "Prime Minister Mohammed Shia Al-Sudani chaired a meeting to follow up on the implementation of the Industrial Projects Financing Initiative and the reasons for the delay in implementing Cabinet Resolution No. 24930 of 2024."
The statement added that "the meeting witnessed a detailed discussion of the initiative's overall dimensions and its beneficiaries, and effective solutions were reached to ensure the sustainability of project support, including providing the necessary funding to launch project lending through the Industrial Bank and inviting industrialists to start promoting their completed projects."
According to the statement, the Prime Minister stressed "the importance of the project financing initiative and its effective impact on the growth of the industrial sector in the country," noting that "launching initiatives must be credible by providing the necessary structures for them in terms of regulation, financing, and implementation, and that failure to implement the initiatives will affect the development process."
The Prime Minister stressed "the government's support for the private industrial sector and giving it priority in attention, support, and facilitating procedures and financing, which constitutes a foundation for advancing economic development, providing job opportunities for youth, and achieving self-sufficiency in a number of strategic industries."https://economy-news.net/content.php?id=54920
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Tuesday Morning 4-29-25
Good Morning Dinar Recaps,
CARDANO LACE WALLET INTEGRATES BITCOIN, BOOSTING CROSS-CHAIN CAPABILITIES
▪️Charles Hoskinson announced on Monday that Bitcoin integrates into the Lace Wallet, expanding Cardano’s ecosystem and cross-chain capabilities.
▪️This integration enables users to manage BTC alongside Cardano assets, providing support for multichain functionality.
▪️The news failed to move Cardano’s price significantly, but suggests a positive outlook for ADA.
Good Morning Dinar Recaps,
CARDANO LACE WALLET INTEGRATES BITCOIN, BOOSTING CROSS-CHAIN CAPABILITIES
▪️Charles Hoskinson announced on Monday that Bitcoin integrates into the Lace Wallet, expanding Cardano’s ecosystem and cross-chain capabilities.
▪️This integration enables users to manage BTC alongside Cardano assets, providing support for multichain functionality.
▪️The news failed to move Cardano’s price significantly, but suggests a positive outlook for ADA.
Cardano (ADA) co-founder Charles Hoskinson announced Monday that Bitcoin (BTC) is integrated into the Lace Wallet, expanding Cardano’s ecosystem and cross-chain capabilities. This integration enables users to manage BTC alongside Cardano assets, providing support for multichain functionality.
The news failed to move Cardano’s price significantly, with ADA trading in a narrow range near $0.70 at the time of writing on Tuesday, but it suggests a positive outlook for the token.
Cardano’s co-founder welcomes Bitcoin
On Monday, Charles Hoskinson announced on his X post that Bitcoin is integrated into the Lace Wallet, a non-custodial wallet platform developed by Input Output Global (IOG), one of the key organizations behind the Cardano blockchain. Lace allows users to send, receive, and stake Cardano’s native cryptocurrency, ADA, and manage other digital assets on the network.
“With this release, Lace becomes even more accessible and versatile, introducing Firefox support, the beta rollout of Bitcoin, and several performance improvements under the hood,” says Lace in its blog post.
This integration enables users to manage BTC alongside Cardano assets, providing support for multichain functionality. However, this news did not significantly impact Cardano’s price on Monday; nonetheless, it suggests a positive outlook for the long term as it expands Cardano’s ecosystem, enhances its cross-chain capabilities, and boosts wider adoption.
Cardano's technical outlook suggests a rally if it closes above $0.74
Cardano price is facing resistance around its 200-day Exponential Moving Average (EMA) at $0.71 since last week and declined to find support at the 61.8% Fibonacci retracement (drawn from the August 5 low of $0.27 to the December 3 high of $1.32) at $0.66 on Monday. At the time of writing on Tuesday, ADA hovers around the 200-day EMA at $0.71.
If ADA breaks above the 200-day EMA and closes above its weekly resistance level at $0.74, it could extend the rally to retest its next daily resistance at $0.80.
The Relative Strength Index (RSI) stands at 59, indicating bullish momentum, as it is positioned above its neutral level of 50. The Moving Average Convergence Divergence (MACD) also exhibited a bullish crossover last week, providing a buy signal and indicating a potential continuation of the upward trend.
However, if ADA’s daily candlestick closes below the 61.8% Fibonacci level at $0.66, it could extend the decline to retest its April 22 low of $0.61.
@ Newshounds News™
Source: FX Street
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SOUTH KOREA'S RULING PARTY VOWS TO APPROVE SPOT CRYPTO ETFS, SCRAP KEY BANKING RULE
South Korea’s People Power Party has pledged crypto reforms, including ETF approval and banking rule repeal, ahead of the June election.
▪️South Korea’s People Power Party has pledged to approve spot crypto ETFs and scrap South Korea’s "one exchange, one bank" rule if they win.
▪️The party’s crypto agenda includes corporate crypto trading, stablecoin regulation, and a new Virtual Asset Special Committee this year.
▪️The election outcome could decide the fate of reforms, with opposition leader Lee Jae-myung leading in the polls ahead of the June 3 vote.
South Korea’s People Power Party has vowed to approve spot crypto ETFs, dismantle a major banking restriction, and overhaul digital asset laws before the end of the year, local media reported Monday.
The party revealed its digital asset pledge just weeks after the country’s impeached president, Yoon Suk Yeol, was removed from office for illegally imposing martial law, a political shock that has formed the basis for a fiercely contested snap election on June 3.
The PPP’s proposals include abolishing the "one exchange, one bank" rule, which restricts crypto exchanges to a single banking partner —a regulation blamed for entrenching monopolies and limiting consumer choice.
"It is very restrictive not to be able to trade virtual assets through the bank of your choice," Rep. Park Soo-min said on Monday during the emergency response committee meeting held at the National Assembly.
The PPP has also pledged to legalize spot crypto ETFs within the year. Park stressed the urgency of approval, pointing to the U.S. Securities and Exchange Commission’s (SEC) decision to greenlight spot Bitcoin ETFs last January.
In addition, the party said in its agenda that it would also institutionalize corporate and institutional investor participation in the crypto market within this year.
If PPP wins, starting in Q2, non-profits can engage in crypto trading, with broader participation from around 3,500 corporations and investment firms.
‘Golden standard’
During the committee meeting, Rep. Choi Bo-yoon said that PPP also plans to introduce a "global standard" regulatory system for stablecoins, local media reported.
To oversee the implementation of its digital asset agenda, the party seeks to establish a Virtual Asset Special Committee directly under the presidential office.
The PPP has vowed to enact the Framework Act on the Promotion of Digital Assets, which would subdivide exchange operations, create listing regulations, and introduce a disclosure system for digital asset transactions.
The party’s push aligns with a global shift toward crypto deregulation, triggered by U.S. President Donald Trump’s moves to repeal DeFi broker reporting rules, authorize the creation of a national Bitcoin stockpile, and place crypto as a core element of American financial policy.
Invoking Trump-era deregulation, PPP presidential candidate Hong Joon-pyo recently vowed to “eliminate regulations as much as the Trump administration did” and pledged to expand blockchain applications across South Korean public services.
Still, whether the PPP’s agenda can move forward will depend on the election outcome.
Democratic Party candidate Lee Jae-myung has campaigned on restoring democratic norms and stabilizing the economy, but has offered few specifics about his stance on regulating digital assets.
Current polling shows Lee, who narrowly lost the 2022 race, now holding a commanding lead over his rivals, according to local media.
@ Newshounds News™
Source: Decrypt
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“Tidbits From TNT” Tuesday Morning 4-29-2025
TNT:
Tishwash: Head of the Iraqi Private Banks Association: Arab and foreign investments in Iraq reached $63 billion in two years.
The head of the Iraqi Private Banks Association, Wadih Al-Handhal, announced that the Union of Arab Banks will hold its next conference in the capital, Baghdad, under the patronage of Iraqi Prime Minister Mohammed Shia Al-Sudani, in cooperation with the Central Bank of Iraq and the Iraqi Private Banks Association.
In his speech at the Union of Arab Banks conference currently being held in Cairo, under the title of Public-Private Partnership, Al-Handhal said, "The current Iraqi government has taken a major role in achieving public-private partnerships, starting with the establishment of the Private Sector Council."
TNT:
Tishwash: Head of the Iraqi Private Banks Association: Arab and foreign investments in Iraq reached $63 billion in two years.
The head of the Iraqi Private Banks Association, Wadih Al-Handhal, announced that the Union of Arab Banks will hold its next conference in the capital, Baghdad, under the patronage of Iraqi Prime Minister Mohammed Shia Al-Sudani, in cooperation with the Central Bank of Iraq and the Iraqi Private Banks Association.
In his speech at the Union of Arab Banks conference currently being held in Cairo, under the title of Public-Private Partnership, Al-Handhal said, "The current Iraqi government has taken a major role in achieving public-private partnerships, starting with the establishment of the Private Sector Council."
He noted that the private banking sector has begun to expand significantly following the partnership with the government, represented by the expansion of electronic payments and government institutions contracting with companies and banks to develop the infrastructure for government electronic payments.
He added that electronic payments via bank cards in 2024 reached more than 21.1 trillion dinars, through more than 58.4 million transactions, compared to just over 7,000 transactions in 2017. This represents a significant development.
He stressed that the volume of Arab and foreign investments in Iraq over the past two years reached $63 billion, and this came as a result of the partnership between the government and the private sector.
He explained that the development path represents a major gateway to public-private partnerships, and that everyone can participate in this project, which contributes to the development of Iraq's gross domestic product. link
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Tishwash: MP: Parliament will resume its sessions normally within the next two days - Urgent
Member of Parliament Jawad Al-Yasari confirmed, on Monday (April 28, 2025), that the Iraqi Parliament will resume its sessions normally within the next two days.
The leftist told Baghdad Today, "The House of Representatives will resume its sessions within the next two days, and there is a determination and will to do so from the House Presidency, and there is an understanding with the parliamentary blocs, with the aim of exploiting the last months of the House's term to pass important laws."
He added that "any controversial law will not be put on the agenda without prior agreement between the parliament's presidency and the leaders of the parliamentary blocs to ensure that sessions are not disrupted, as has happened in the past period." He indicated that "in the coming hours, a date will be set for the resumption of weekly sessions as normal."
Last Saturday, the Parliamentary Legal Committee confirmed that the term of the Iraqi Parliament's legislative and oversight body had "expired."
Committee member Mohammed Anouz told Baghdad Today, "The Iraqi parliament's legislative and oversight role has come to an end due to a political will to obstruct the council's work until the next parliamentary elections. This session has been deliberately obstructed by political disputes since the beginning of the session and continues to this day."
He explained that "there is a deliberate attempt to keep the House of Representatives inactive so as to prevent requests for interpellation and accountability for some officials who enjoy political and partisan protection, as well as to obstruct the passage of some laws so that they remain a bargaining chip and blackmail tool in the hands of some political parties during the coming period. That is why we say that the life of the legislative and oversight council has ended because of these influential political parties."
The scene of a parliament in limbo or in session has become a part of political life in Iraq. Citizens may have grown accustomed to this recurring pattern, or may consider themselves unconcerned with what transpires within the parliament, which could translate into a reluctance to participate in or a boycott of the upcoming parliamentary elections. link
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Tishwash: The Finance Committee discusses oil price fluctuations and the regulatory law with international partners.
On Monday, April 28, 2025, the Parliamentary Finance Committee discussed the fluctuations in oil prices and their impact on the budget, with the International Partners Foundation, and with the participation of experts, consultants, university professors and official bodies, in an important workshop to discuss the proposed law for the first amendment to the Federal Revenue Control and Allocation Authority Law No. (55) of 2017.
The House of Representatives' media office said in a statement received by Al-Jabal that it "held an expanded two-day workshop to discuss ways to maximize revenues, in cooperation with the International Partners Foundation, with the participation of experts, consultants, university professors, and relevant official bodies."
Committee Chairman Atwan Al-Atwani noted that "over time and the increasing complexity of the economic landscape have demonstrated the need to review, update, and amend the Authority's legal framework." He explained that "the Finance Committee in the House of Representatives is currently leading a significant legislative effort aimed at introducing the first amendment to Law No. 55 of 2017, a move that reflects an awareness that the law in its current form may not be sufficient to address emerging challenges or fully achieve the ambitious goals set for the Authority."
The International Partners Foundation presented a presentation by Mr. Ken McIntosh and Lord Jeremy Purves, highlighting the most prominent problems and challenges facing the Iraqi economy. They presented the Foundation's vision for overcoming these obstacles, emphasizing the Commission's pivotal role in monitoring and overseeing the allocation of revenues to achieve financial stability and enhance transparency.
According to the statement, "The proposed first amendment, which the House of Representatives completed its first reading, aims to address challenges and enhance the Authority's role through several axes addressed in the interventions and discussions during the workshop, most notably the Authority's role in verifying the fair distribution of revenues when preparing the draft federal general budget, and the accuracy of calculating allocations according to principles and standards determined by a special and precise system.
Approaching the relevant authorities to provide the Authority with the necessary information and documents to enable it to perform its duties effectively. Investigating and investigating to accurately determine the sources and components of federal revenues."
The workshop also included hosting representatives of ministries to exchange advice and opinions, with a focus on the importance of expanding the authority's mandate to include evaluating the performance and financial effectiveness of government institutions, in addition to the need to clearly define the authority's powers to avoid overlapping tasks with other institutions, according to the statement.
The workshop's primary objective, according to the statement, was to "consult and gather input from key stakeholders, including representatives of federal ministries, the regional and local governments, financial and legal experts, and representatives of the International Partners Foundation, on the proposed draft amendment.
The workshop also sought to develop the draft amendment based on the comments and suggestions submitted, with the aim of finalizing it before presenting it for a second reading in the House of Representatives. Additionally, it explored how to enable the Commission to carry out its expanded mandate efficiently and effectively." link
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Mot: Poor Little Critter -----
Mot: . Getting Perspective!!!!!
MilitiaMan & Crew: Iraqi Dinar News-Iraq Central Bank-Value National Currency-World Bank-IFC-Private Sector Pillar
MilitiaMan & Crew: Iraqi Dinar News-Iraq Central Bank-Value National Currency-World Bank-IFC-Private Sector Pillar
4-28-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan & Crew: Iraqi Dinar News-Iraq Central Bank-Value National Currency-World Bank-IFC-Private Sector Pillar
4-28-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..