The Dogecoin two-day candlestick chart has returned to the same accumulation shelf that preceded its five-fold burst last autumn, and independent market technician Astronomer (@astronomer_zero) argues the pattern “looks bottomed—early call, and I’m long.” The strategist, who flagged Bitcoin’s April higher-low before it erupted through $69 000, told followers on X that DOGE now offers a “6R+ trade” back into December’s supply wall. The Dogecoin Bottom Is In The updated chart shows price printing successive wicks into a lavender demand band that begins at $0.12and tops out just below $0.15000. So far every test of that floor has been absorbed, leaving a series of higher two-day closes. “Alright, DOGE only moved slightly off the low,” Astronomer wrote, “so there still is a 6R+ trade to be scored if it were to go to the highs.” The black horizontal at $0.18210 marks the first decisive reclaim. Sunday’s session opened at $0.18141, punched to $0.18210, and settled at $0.17548—fractionally under the trigger but well clear of the grey value area that defines the analyst’s risk box. For traders running tight stops, the invalidation sits just under $0.12982, limiting downside to roughly twelve-and-a-half cents while keeping the full upside open to a $0.40000–0.48527 liquidity void shaded in emerald green. “If you want a defined risk for a defined reward,” Astronomer added, “a long as presented also makes sense.” Related Reading: Dogecoin Eyes $1.80 In Summer Rally As Analyst Flags Breakout Structure Technically the structure mimics October 2024, when DOGE carved a rounded base at $0.10, ignited on rising volume, and topped out at $0.48527 eight weeks later. “Last time we left the range mindset was October ‘24 and we bought DOGE at 10 c,” the analyst reminded readers. “It pulled a 5x before retracing for what IMO now has become a higher low.” The projection sketched on the chart anticipates a one to two months sideways chop inside the grey band that caps at roughly $0.175, followed by a staircase advance into the low-$0.30s and an autumn test of the December pivot. Related Reading: Dogecoin Could Hit $1.42 This Cycle In Bull Case, Says 21Shares None of the hand-drawn arrows pierce the old high, underscoring that the thesis is not predicated on price discovery—only on a mean-reversion to the last heavy supply node. “Given this is an altcoin and expectations are likely beyond $0.5, having heavy spot bags already pays for little risk,” he wrote. “They still may take time and take off slower than BTC, but the RR IMO will be higher.” As ever, confirmation will come—or fail—on the tape. A two-day close above $0.20000 would establish a higher-time-frame reversal and expose $0.30 liquidity, whereas a settlement beneath $0.12982 would invalidate the setup and reopen the 10-cent handle. Until then, Astronomer’s call rests on the premise that Bitcoin bottoms first, Ethereum follows, and “one by one, alts bottom out through cyclical timing, sentiment, and their respective POIs.” Dogecoin, he contends, just ticked every box. At press time, DOGE traded at $0.173. Featured image created with DALL.E, chart from TradingView.com
Bitcoin pioneer Charlie Shrem announced plans to relaunch a bitcoin faucet on May 4, 2025, aiming to distribute free bitcoin like the original faucet created by Gavin Andresen in 2010, which gave away five bitcoin per claim to promote adoption, according to his X post. Shrem, who served two years in prison in 2014 for
The Political Shift: Why Donald Trump is Embracing Cryptocurrency In a move that caught many observers by surprise, former President Donald Trump recently voiced a strong, positive stance on cryptocurrency. Speaking on NBC News’ Meet the Press, Trump indicated his support for digital assets, framing it as a critical issue for the United States’ global standing. This statement marks a notable shift in tone from previous skepticism expressed by figures within his political circle and highlights the growing mainstream relevance of the asset class, even within high-level political discourse. His comments immediately resonated across the digital asset community, sparking discussions about the potential implications for future US crypto policy . Trump Crypto Stance: A Geopolitical Race Against China? At the heart of Trump’s argument is a geopolitical concern. He stated, “I want crypto. I think crypto’s important because if we don’t do it, China’s going to. And it’s new, it’s very popular, it’s very hot.” This perspective frames the adoption and development of cryptocurrency not just as a financial or technological issue, but as a matter of international competition. The fear is that if the United States lags in embracing this technology, a rival nation, specifically China, could seize the lead, potentially gaining significant economic and technological advantages on the global stage. This viewpoint taps into existing anxieties about technological dominance and economic power shifts between the world’s largest economies. While China has taken a strict regulatory approach towards decentralized cryptocurrencies like Bitcoin, it has simultaneously been a frontrunner in developing its own central bank digital currency (CBDC), the digital yuan. Trump’s comment suggests a recognition that regardless of the specific form, digital assets represent a future frontier that the US cannot afford to concede. The implication is clear: a proactive US crypto policy is essential to maintain competitive edge against the potential rise of China cryptocurrency influence. Beyond the Hype: What About Political Memecoins Like TRUMP? Trump’s comments were prompted by a question regarding whether he was personally profiting from the memecoin associated with his name, commonly known as TRUMP or MAGA (TRUMP). This particular digital asset has seen significant price volatility, often influenced by political events or statements related to the former president. The question arose in the context of a planned gala dinner for top holders of the TRUMP token, which had reportedly boosted its value. Trump directly addressed this, denying any personal financial gain from such assets. “I’m not profiting from anything,” he stated. This response attempts to distance himself from the speculative nature and direct financial ties to specific political memecoins that trade heavily on political affiliation and hype. The existence and trading of tokens like TRUMP highlight a unique intersection of internet culture, political fandom, and the speculative world of digital assets, creating a new category of assets driven primarily by community sentiment and political narratives rather than underlying technology or utility. Understanding US Crypto Policy: What Could Trump’s View Mean? A presidential candidate or former president voicing support for cryptocurrency is a significant development for the future of US crypto policy . Historically, regulatory approaches in the US have been fragmented, with different agencies asserting jurisdiction and varying levels of caution or skepticism from policymakers. Trump’s ‘I want crypto’ declaration could signal a potential shift towards a more favorable or at least more engaged regulatory environment should he return to office. A policy driven by the need to compete with China could prioritize innovation and development within the US, potentially leading to clearer guidelines, reduced regulatory hurdles for crypto businesses, and initiatives aimed at fostering technological advancement in blockchain and digital assets. This contrasts with approaches focused primarily on consumer protection or financial stability risks, which often lead to more restrictive regulations. The push for US crypto adoption might accelerate if seen as a strategic imperative. The Future of Crypto Regulation: Navigating Uncertainty While Trump’s comments are positive for the industry sentiment, the path forward for crypto regulation in the US remains uncertain. Regulatory frameworks are complex and involve multiple government bodies. Any significant shift would require coordination and potentially new legislation. Potential outcomes under a more crypto-friendly administration focused on competition might include: Streamlined licensing processes for crypto businesses. Clearer tax guidelines for digital asset transactions. Increased government support for blockchain research and development. A focus on ensuring the US remains a hub for crypto innovation, potentially attracting businesses from jurisdictions with less favorable environments. However, even with a supportive stance, concerns around market manipulation, consumer protection, and illicit finance would likely remain, necessitating a balanced approach to crypto regulation . Key Takeaways: Benefits, Challenges, and Actionable Insights Donald Trump’s recent comments offer valuable insights into the evolving political perspective on cryptocurrency. Here’s a breakdown: Potential Benefits Highlighted: Maintaining US technological and economic competitiveness against nations like China. Fostering innovation and growth within the US digital asset sector. Potentially clearer and more favorable regulatory environment. Challenges and Considerations: Navigating complex regulatory landscapes across multiple agencies. Addressing ongoing concerns about market volatility and investor protection. Distinguishing between legitimate technological innovation and speculative assets like memecoins. Ensuring national security and financial stability while promoting adoption. Actionable Insights: Stay informed about political developments and their potential impact on regulatory policy. Understand that political rhetoric can influence market sentiment, particularly for assets like political memecoins . Recognize the increasing importance of cryptocurrency in global economic and technological competition. Advocate for clear, balanced crypto regulation that fosters innovation while protecting consumers. Conclusion: The Evolving Landscape of Politics and Crypto Donald Trump’s endorsement of cryptocurrency, driven by concerns over potential dominance by China cryptocurrency initiatives, marks a pivotal moment. It elevates the discussion around digital assets to the highest levels of political discourse and underscores the growing recognition of crypto’s strategic importance. While his denial of profiting from political memecoins addresses specific controversies, his broader stance signals a potential future direction for US crypto policy focused on competition and innovation. The path to clear and effective crypto regulation is still being forged, but statements like Trump’s indicate that the future of digital assets is increasingly intertwined with global political and economic strategies, emphasizing the need for continued attention to US crypto adoption efforts. To learn more about the latest US crypto policy trends, explore our article on key developments shaping crypto regulation and US crypto adoption .
A recent tweet from crypto enthusiast All Things XRP detailed what Ripple’s reported interest in acquiring Circle could mean for XRP. The post , which examines both the implications of the potential deal and Ripple’s larger ambitions, frames the possible acquisition not as a simple expansion but as a structural pivot for the entire digital payments ecosystem, with XRP playing a central role. The central premise of the tweet is that if Ripple successfully acquires Circle, the issuer of the USDC stablecoin, XRP will not simply respond in price. According to All Things XRP, “XRP’s price won’t just react—it could evolve.” The tweet highlights that most market watchers are focused on whether or not the deal will happen. It stresses the importance of analyzing what such a deal could mean specifically for XRP holders. RippleNet Plus USDC: Consolidating Liquidity and Network Reach RippleNet currently uses XRP as a bridge asset for facilitating fast and low-cost cross-border payments. The tweet argues that integrating USDC’s liquidity, reported at $61 billion, into RippleNet would create a payment infrastructure too efficient for traditional banks to ignore. With both XRP and USDC operating under a single framework, Ripple could unify two of the most important components of blockchain-based payments: a native digital asset and a highly liquid stablecoin. According to the tweet, this convergence represents a consolidation strategy rather than a pivot. Ripple has already launched its stablecoin, RLUSD, which the tweet notes as a signal of its growing involvement in the stablecoin market. Acquiring Circle would bring both major stablecoin offerings—RLUSD and USDC—under Ripple’s umbrella, reducing fragmentation across its payment ecosystem. According to All Things XRP, this consolidation could strengthen XRP’s role as the connective medium, enabling more seamless interactions between assets and platforms. Institutional Trust and Market Legitimacy The tweet further notes that Circle brings with it not just a widely adopted stablecoin, but a level of regulatory trust and institutional credibility that few crypto firms possess. If Ripple were to acquire Circle, it would inherit these banking relationships and regulatory alignments. The argument is that such a development would significantly elevate XRP’s status in the eyes of Wall Street, providing the type of legitimacy that could drive institutional adoption. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Stablecoins like USDC are already used in many financial applications, from decentralized finance (DeFi) to international payroll. The tweet contends that if Ripple integrates USDC into its network, it could enhance the utility and relevance of XRP by improving liquidity, reducing operational costs, and streamlining value movement across jurisdictions and sectors. The Road Ahead: Negotiations, Intent, and Strategy Ripple reportedly offered $4 billion to $5 billion for Circle, which was declined. While Ripple’s next steps are unclear, the tweet emphasizes that the intent is unmistakable. Ripple is positioning itself to gain control over stablecoin liquidity, and the tweet asserts that this strategy holds significant consequences for XRP’s future utility. All Things XRP sees this as consistent with Ripple’s recent acquisitions , including purchasing a crypto brokerage firm. The tweet calls it a consolidation pattern designed to position Ripple at the center of the global payments infrastructure, with XRP functioning as the underlying engine. Should the Circle deal materialize, XRP would transition from a bridge asset to financial infrastructure, as cross-border and cross-industry demand is redefined. Even if the acquisition does not occur, the tweet concludes that Ripple’s strategic intent remains evident. Circle may continue toward an IPO, but any renewed offer from Ripple could increase pressure to reconsider. Regardless of the outcome, Ripple’s blueprint—dominate payments, control stablecoin infrastructure, and elevate XRP as the primary bridging mechanism—is underway. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post If Ripple Acquires Circle, Expert Says XRP Price Won’t Just React But Evolve appeared first on Times Tabloid .
On May 5th, COINOTAG reported insights from QCP Capital regarding the latest dynamics in the cryptocurrency landscape. Recent macroeconomic indicators reveal that non-farm payrolls increased by **177,000**, significantly outpacing expectations
Tether is launching Tether.ai, an open-source AI platform combining blockchain technology for decentralized AI agent deployment. Tether.ai supports USDT and BTC payments, utilizing a development kit (WDK) for seamless cryptocurrency
Date: June 24, 2025 Location: Doha, Qatar Website: https://qa.finnovex.com/ Doha, Qatar – Exibex is pleased to announce the upcoming Finnovex Qatar 2025 summit, set to take place on June 24th, 2025, at the heart of Qatar’s rapidly evolving financial ecosystem Doha. This premier summit will bring together top industry leaders, innovators, and key stakeholders in the financial services, fintech, and technology sectors. The Finnovex Qatar 2025 summit will serve as a crucial platform for discussing Qatar’s transformation into a digitally-driven financial landscape. As the country sets its sights on Qatar National Vision 2030, the role of fintech in modernizing financial services, enhancing digital literacy, and driving economic diversification has never been more critical. With a focus on shaping the future of Qatar’s financial ecosystem, the event will delve into key topics such as: Driving Qatar’s Vision 2030 Through Digital Transformation: Explore how fintech solutions are at the heart of Qatar’s national strategy for creating a diversified, knowledge-based economy. Learn how digital-first approaches can help accelerate financial inclusion, enhance government services, and streamline financial operations, all while contributing to a more sustainable future. Fintech Innovations Shaping the Future of Financial Services: Delve into the cutting-edge fintech trends and innovations that are transforming Qatar’s financial services landscape. From AI-powered banking to blockchain-enabled payments, discover how these technologies are reshaping financial institutions and driving operational efficiency, cost reduction, and better customer outcomes. Building a Resilient and Secure Digital Economy: With the rise of digital platforms, cybersecurity and data protection are more critical than ever. Gain insights into the latest strategies for securing digital assets, protecting personal information, and ensuring business continuity in a rapidly changing digital economy. Why Attend Finnovex Qatar 2025? Finnovex Qatar 2025 will offer a unique opportunity to engage with leading experts and innovators at the forefront of Qatar’s fintech transformation. This summit will feature forward-thinking discussions, interactive sessions, and the chance to explore real-world solutions for the digital-first future that Qatar is rapidly embracing. Join us in Doha on June 24th, 2025, for a day of networking, learning, and shaping the future of Qatar’s digital financial ecosystem. For more information, sponsorship opportunities, and registration details, please visit https://qa.finnovex.com/ About Finnovex: Finnovex is a globally recognized platform committed to driving innovation and transformation within the financial technology sphere. Through its series of conferences and events, Finnovex brings together leading minds, visionaries, and stakeholders to explore and harness the potential of emerging technologies, fostering collaboration and driving industry progress. Website: www.finnovex.com
Have you been watching the cryptocurrency markets lately? If so, you might have noticed a slight shift in the air. The widely followed Crypto Fear Greed Index , a popular tool for gauging crypto market sentiment , recently made a significant move, dropping out of the ‘Greed’ zone and landing squarely in ‘Neutral’. This change, recorded on May 5th, isn’t just a number – it offers valuable insights into the current mood of crypto investors. What is the Crypto Fear Greed Index and Why Does it Matter? The Crypto Fear Greed Index, developed by Alternative, is designed to measure the prevailing emotional state of the cryptocurrency market. Think of it as a thermometer for market mood. In volatile markets like crypto, emotions can play a huge role in investment decisions. Fear can lead people to sell impulsively during dips, while greed can push them to buy during bubbles, often at the wrong time. The index attempts to quantify these emotions on a scale from 0 to 100: 0-24: Extreme Fear – Indicates investors are highly worried. This can signal a potential buying opportunity for contrarians. 25-49: Fear – Sentiment is cautious or negative. 50-59: Neutral – The market is balanced, neither overly fearful nor overly greedy. This is where the index currently sits at 52. 60-74: Greed – Investors are becoming optimistic or perhaps a bit too confident. 75-100: Extreme Greed – Suggests the market is overheating and a correction might be due. This can signal a potential selling opportunity. Understanding where the index stands can help investors get a broader perspective beyond just price charts. It’s a snapshot of the collective psychological state driving market movements. Understanding Crypto Market Sentiment: Fear vs. Greed At its core, the index taps into the fundamental human emotions that drive financial markets: fear and greed. When fear dominates, people tend to panic sell, pushing prices down. When greed takes over, people rush to buy, often ignoring risks, driving prices up rapidly. The shift from ‘Greed’ to ‘Neutral’ is particularly interesting. Being in the ‘Greed’ zone suggests strong positive momentum and confidence. A move back to ‘Neutral’ implies that some of that bullish energy has subsided, and the market is perhaps pausing to consolidate or is facing mixed signals. It suggests investors are no longer overwhelmingly optimistic but are taking a more balanced, wait-and-see approach. How the Index is Calculated: The Factors Behind the Number It’s important to know that the Crypto Fear Greed Index isn’t just a random number. It’s a composite index, meaning it pulls data from various sources to get a holistic view of the market. Alternative uses six different factors, each with a specific weighting: Volatility (25%): Measures the current volatility and maximum drawdown of Bitcoin compared to its average values over the last 30 and 90 days. Higher volatility in a downward trend indicates fear. Market Momentum/Volume (25%): Compares the current volume and market momentum to the average values of the last 30 and 90 days. High buying volumes in a bullish market indicate greed. Social Media (15%): Analyzes posts on platforms like Twitter, looking at specific hashtags related to Bitcoin and other cryptocurrencies. A high number of posts with certain keywords and rapid interaction rates can indicate growing interest and potentially greed. Surveys (15%): Polls are conducted weekly (though currently paused) to gather direct sentiment from crypto investors. Bitcoin Dominance (10%): Measures Bitcoin’s share of the total crypto market capitalization. An increasing dominance can signal fear (as people move from altcoins to the relative safety of Bitcoin), while decreasing dominance can indicate greed (as people take on more risk in altcoins). Google Trends (10%): Analyzes search queries related to Bitcoin. A sudden rise in search terms like “Bitcoin price manipulation” suggests fear, while terms like “buy Bitcoin” increasing rapidly might indicate greed. By combining these diverse data points, the index aims to provide a more objective measure of market sentiment than relying on any single factor alone. The Recent Drop: What Does the Move to Neutral (52) Signify? The index stood at 64 on May 4th, firmly in the ‘Greed’ territory. Just one day later, on May 5th, it had fallen 12 points to 52, crossing the threshold into the ‘Neutral’ zone. This relatively sharp drop suggests a quick shift in collective sentiment. What might have caused this? While the index itself doesn’t provide the ‘why’, the period around May 5th, 2024, saw some fluctuations in the market. Bitcoin price , the primary driver for much of the market, experienced some minor pullbacks or sideways movement after previous gains. News events, regulatory discussions, or even macroeconomic factors could have contributed to investors becoming slightly more cautious, leading to decreased buying momentum or increased volatility signals. A move to ‘Neutral’ means the market is no longer leaning strongly in either direction. It’s a state of balance where both bulls and bears are perhaps regrouping or awaiting clearer signals. For some, this might represent a healthy consolidation period after a phase of greed; for others, it might signal a potential loss of upward momentum. Using the Index for Your Crypto Trading Strategy So, how can you use this information? The Fear & Greed Index is often cited alongside the famous quote attributed to Warren Buffett: “Be fearful when others are greedy and greedy when others are fearful.” Applied to the index: Extreme Fear (0-24): Could be seen as a potential buying opportunity, as assets might be undervalued due to panic selling. Extreme Greed (75-100): Could be seen as a potential selling or profit-taking opportunity, as the market might be overheated. A move into the ‘Neutral’ zone is less about an extreme signal and more about understanding the current equilibrium. It suggests that now might be a time for careful observation rather than impulsive decisions driven by strong emotions. For a crypto trading strategy , Neutral could mean: Consolidating existing positions. Waiting for a clearer trend to emerge (either a push back towards greed or a fall into fear). Focusing on individual asset analysis rather than broad market sentiment. Exercising caution with new large positions. It’s a reminder that the market isn’t currently being driven by overwhelming emotion, which can sometimes lead to more rational price discovery, but also potentially slower movement. Beyond the Number: Considering Market Psychology and Other Factors While the Crypto Fear Greed Index is a valuable tool, it’s crucial to remember it’s just one indicator. It provides insight into market psychology but doesn’t tell the whole story. Relying solely on the index for your investment decisions would be risky. Factors like fundamental analysis (the technology and use case of a crypto project), technical analysis (chart patterns and price trends), regulatory news, macroeconomic conditions, and overall market news are equally, if not more, important. The index is best used as a supplementary tool to gauge the emotional backdrop against which these other factors are playing out. Furthermore, the index can change rapidly. A move to Neutral today doesn’t guarantee it stays there tomorrow. Keep an eye on its daily updates. Conclusion: Navigating the Neutral Zone The drop in the Crypto Fear Greed Index from ‘Greed’ to ‘Neutral’ on May 5th reflects a cooling off in market optimism. It signals that investors are no longer exhibiting overwhelming confidence but are instead adopting a more balanced or cautious stance. While ‘Neutral’ doesn’t offer the strong contrarian signals of ‘Extreme Fear’ or ‘Extreme Greed’, it’s a significant shift that suggests the market might be entering a period of consolidation or uncertainty. For anyone involved in crypto, understanding this index and its movements is beneficial. However, always remember to combine this emotional indicator with thorough research, technical analysis, and a well-defined crypto trading strategy . The ‘Neutral’ zone is perhaps an invitation to trade with a neutral, objective mindset, free from the extremes of fear and greed. To learn more about the latest crypto market sentiment trends, explore our article on key developments shaping Bitcoin price action and the broader crypto market.
President Donald Trump, sitting inside his Mar-a-Lago resort in Florida, looked straight into the camera and said, “I don’t know,” when asked if the Constitution applies to immigrants facing deportation. The comment came during an interview aired Sunday on NBC’s Meet the Press , where Trump admitted he isn’t sure if due process matters when it comes to carrying out his massive immigration crackdown. He told moderator Kristen Welker, “I’m not, I’m not a lawyer. I don’t know.” According to NBC, the interview focused heavily on Trump’s push for what he’s repeatedly described as the largest deportation operation in American history, a centerpiece of his 2024 campaign. The administration is pressuring courts to let them kick out immigrants accused of ties to Venezuela’s Tren de Aragua gang—without letting them speak to a judge first. Trump says courts slow him down When asked whether he agrees with Secretary of State Marco Rubio, who said every person in the country is entitled to due process, Trump gave no clear answer. Kristen tried again and pointed to the Fifth Amendment, which guarantees no person—not just citizens—can be deprived of life or freedom without due process. Trump shrugged that off too. “It might say that, but if you’re talking about that, then we’d have to have a million or 2 million or 3 million trials,” he said. “We have thousands of people that are—some murderers and some drug dealers and some of the worst people on Earth.” He added, “I was elected to get them the hell out of here, and the courts are holding me from doing it.” When Kristen asked if that means the president doesn’t have to uphold the Constitution, he answered again, “I don’t know,” then pointed to his legal team. “I have brilliant lawyers that work for me, and they are going to obviously follow what the Supreme Court said.” But the Supreme Court has already ruled three separate times that the administration must provide basic due process, including the right to appear before an immigration judge. These judges work for the Justice Department, not the courts, but still count as a legal safeguard. Even so, the administration has gone after an old wartime law to sidestep those protections. Using the 1798 Alien Enemies Act, Trump’s team tried to fast-track deportations for alleged members of Tren de Aragua. That law had only been used during declared wars, but the administration now argues that the gang is basically an invading foreign force tied to the Venezuelan government. That argument didn’t hold up in court. On April 19, just hours after buses were spotted heading toward a Texas airport, the Supreme Court stepped in to stop those deportations. Men on those buses said they never got to explain or deny gang involvement before being detained. One of the biggest cases involved Kilmar Abrego Garcia, a Salvadoran man who lived in Maryland with his wife and kids. He was accused of being in MS-13, even though his wife and lawyer deny that claim. Worse, a 2019 ruling had already banned his deportation to El Salvador. Still, Trump’s administration put him on a plane and sent him back. Officials later said it was an “administrative error.” The Supreme Court ordered the government to “facilitate” Kilmar’s return so he could present his case. When Kristen asked if the U.S. is working with El Salvador to bring him back, Trump said, “I don’t know. You’d have to ask the attorney general that question.” Trump denied any violation of the court’s order. “I’m relying on the attorney general of the United States, Pam Bondi, who’s very capable, doing a great job,” he said. “I’m not involved in the legality or the illegality. I have lawyers to do that, and that’s why I have a great DOJ.” He added that they might return to the Supreme Court for more answers. “We may do that. I was asking about that. We may do that.” Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
Investing legend Warren Buffett is issuing a warning, saying that the fiscal situation in the US is inching closer to a point of no return. At Berkshire Hathaway’s annual meeting – where Buffett announced his retirement – the Oracle of Omaha warned that the US government’s fiscal deficit can spiral out of control if policymakers fail to close the gap between revenue and expenditures. Data from the Treasury Department shows that the US has spent $1.31 trillion more than it collected so far this fiscal year, which runs from October 1st, 2024, to September 30th, 2025. The figure marks a $242 billion increase compared to the deficit recorded during the same period last fiscal year. According to Buffett, the US government cannot continue running large fiscal deficits indefinitely, warning that the country’s fiscal situation could become unsustainable and dire as early as 2027. “We’re operating at a fiscal deficit now that is unsustainable over a very long period of time. We don’t know if that means two years or 20 years because there’s never been a country like the United States… And it has the aspect to it that it gets uncontrollable to a certain point that essentially you just give up on it. Paul Volcker kept that from happening in the United States, but we came close. We’ve come close multiple times, and we still have very substantial inflation in the United States, but it has never been runaway yet. And that’s not something we want to try and experiment with because it feeds on itself. I wouldn’t want the job of trying to correct what’s going on in revenue and the expenditures of the United States with roughly a 7% gap, when probably a 3% gap is sustainable, and then the further away you get from that, the more you get to where the uncontrollable begins. I think that it’s a job I don’t want, but it’s a job I think should be done, and Congress does not seem good at doing it.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Billionaire Warren Buffett Says US Government Running Unsustainable Deficits Amid ‘Very Substantial’ Inflation appeared first on The Daily Hodl .