Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 3-19-25
Good Afternoon Dinar Recaps,
BIG BREAKING: SEC DROPS XRP CASE, RIPPLE CEO CONFIRMS
The SEC drops its lawsuit against Ripple after four years, marking a major legal victory for XRP and the crypto industry.
Ripple CEO Brad Garlinghouse calls the SEC case a "flawed attack on crypto" as regulators retreat from their claims against XRP.
After more than four years of legal battles, the U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Ripple Labs (pending vote of the commission).
Economist’s “Gold and Reset News and Views” 3-19-2025
Scott Bessent: "We Are Resetting - If We’d Kept On This Track, We Would Have Had A Financial Crisis"
Arcadia Economics: 3-19-2025
Scott Bessent: "We Are Resetting - If We’d Kept On This Track, We Would Have Had A Financial Crisis"
New Treasury Secretary Scott Bessent sure has had an awful lot of interesting comments lately. And after talking about monetizing the assets on the US side of the balance sheet, and presiding over an audit of the Fort Knox gold, just wait until you hear his latest comments.
Seeds of Wisdom RV and Economic Updates Wednesday Morning 3-19-25
Good Morning Dinar Recaps,
FOMC MEETING TODAY: WILL POWELL’S SPEECH TRIGGER A CRYPTO RALLY OR SELL-OFF?
Bitcoin dropped below $83,000 early Wednesday, while Ethereum, Solana, and XRP saw slight ups and downs. The Market Fear & Greed Index hit 23, showing traders are feeling cautious as the market stays uncertain.
The current situation is keeping the crypto market on edge as the Federal Open Market Committee (FOMC) meeting nears its conclusion today. Investors are closely watching the Federal Reserve’s decision on interest rates, as any shift in policy could send ripples through the market. While most analysts expect rates to remain between 4.25% and 4.5%, the Fed’s outlook for future cuts is the real wildcard.
Seeds of Wisdom RV and Economic Updates Tuesday Evening 3-18-25
Good Evening Dinar Recaps,
SEC COULD AXE PROPOSED BIDEN-ERA CRYPTO CUSTODY RULE, SAYS ACTING CHIEF
Acting SEC chair Mark Uyeda said he’s asked his staff to look at possibly withdrawing a proposed crypto custody rule for investment advisers.
The US Securities and Exchange Commission could change or scrap a rule proposed under the Biden administration that would tighten crypto custody standards for investment advisers, according to the agency’s acting chair, Mark Uyeda.
Seeds of Wisdom RV and Economic Updates Tuesday Afternoon 3-18-25
Good Afternoon Dinar Recaps,
RIPPLE’S NEW TRADEMARK FILING SPARKS SPECULATION ON UPCOMING CRYPTO WALLET
▪️Ripple's "Ripple Custody" trademark hints at new crypto asset storage and management services for institutions.
▪️With the crypto custody market set to hit $100B, Ripple’s move could expand its influence beyond payments into secure asset management.
$25,000 or $50,000 or $55,000? The Big Gold Revaluation Will SHOCK the Entire World - Mario Innecco
$25,000 or $50,000 or $55,000? The Big Gold Revaluation Will SHOCK the Entire World - Mario Innecco
Money Sense: 3-18-2025
A revaluation would benefit the government by increasing the book value of its gold reserves, allowing it to expand its balance sheet, borrow more, and manage debt more effectively.
Additionally, it could incentivize increased mining production and boost gold imports. However, this move would weaken the U.S. dollar, as gold is priced in national currencies.
Seeds of Wisdom RV and Economic Updates Tuesday Morning 3-18-25
Good Morning Dinar Recaps,
WILL PAUL ATKINS LEAD THE SEC? SENATE PREPS FOR HIGH-STAKES CONFIRMATION HEARING
▪️Paul Atkins' SEC confirmation faces delays due to financial disclosure issues linked to family.
▪️Senate Banking Chair Tim Scott schedules March 27 hearing to review Atkins’ nomination process.
▪️If confirmed, Atkins may take a crypto-friendly approach, unlike former SEC Chair Gensler.
Seeds of Wisdom RV and Economic Updates Monday Evening 3-17-25
Good Evening Dinar Recaps,
ACTING SEC CHAIR UYEDA DIRECTS STAFF TO REEXAMINE PROPOSED CRYPTO CUSTODY RULE
▪️The custody rule, proposed under the former Biden administration and when Gary Gensler led the agency, would expand the current custody rule to include any client assets that an adviser has custody over.
▪️Acting Chair Uyeda’s move to revisit the rule marks the second time this month that the acting chair has asked the SEC staff to reconsider its rules.
Seeds of Wisdom RV and Economic Updates Monday Afternoon 3-17-25
Good Afternoon Dinar Recaps,
CARDANO AND BITCOIN INTEGRATION: A NEW FRONTIER FOR BLOCKCHAIN SYNERGY
In a crypto landscape where Bitcoin frequently tops $100K and commands a $1.3 trillion market cap, Cardano (ADA) is carving a transformative path through its integration with Bitcoin.
Announced in October 2024, this integration, powered by the BitcoinOS (BOS) Grail Bridge, uses zero-knowledge cryptography to connect two of the most prominent blockchains.
Seeds of Wisdom RV and Economic Updates Monday Morning 3-17-25
KEY US ECONOMIC EVENTS THIS WEEK: HOW MARKETS AND CRYPTO MAY REACT
▪Key US economic indicators this week, including retail sales, housing starts, and jobless claims, will provide signals about the economy.
▪The Federal Reserve's interest rate decision, expected to remain unchanged, will be closely watched for future policy hints.
▪Multiple indexes released on Thursday, including Existing Home Sales and the Fed Manufacturing Index, are forecast to decline.
Seeds of Wisdom RV and Economic Updates Sunday Afternoon 3-16-25
Seeds of Wisdom RV and Economic Updates Sunday Afternoon 3-16-25
Good Afternoon Dinar Recaps,
JPMORGAN CHASE, WELLS FARGO AND BANK OF AMERICA REFUSE TO REIMBURSE CUSTOMERS AFTER SCAMMERS ATTACK ACCOUNTS: REPORTS
New reports show JPMorgan Chase, Wells Fargo and Bank of America are closing the door on customers hit by fraud, rejecting their claims and refusing to reimburse their accounts.