We know what’s coming and we are prepared.
U.S. Embraces Bitcoin ETFs: A New Chapter
The U.S. Securities and Exchange Commission (SEC) recently made history by approving the country's first Bitcoin Exchange-Traded Funds (ETFs). This landmark decision includes an ETF from Brazilian firm Hashdex. This follows years of SEC rejections of Bitcoin ETF applications. BlackRock's proposal earlier in 2023 marked a turning point, generating widespread interest due to their market influence. Standard Chartered Bank predicts these ETFs could attract up to $100 billion in the first year.
Marcelo Sampaio, CEO of Hashdex, views the launch as a significant regulatory step in the U.S. and a victory for digital assets. Despite the approval, SEC Chair Gary Gensler cautions investors, clarifying that the SEC doesn't endorse Bitcoin. To lure investors, companies like BlackRock are cutting administration fees, with some even offering zero fees.
The anticipation of ETF approvals has already boosted Bitcoin's value significantly, with a more than 160% increase over the past year. However, after the announcement, Bitcoin's value momentarily dipped. Analysts predict the ETFs could drive Bitcoin's value to new heights, potentially reaching $50,000 soon and possibly its all-time high later in the year. They also anticipate a favorable impact from the upcoming Bitcoin halving event, which reduces its inflation rate. But there is caution about potential profit-taking once it reaches certain levels.
Nicole Dyskant from Fireblocks notes that the SEC's decision influences more than just market liquidity. It could transform the broader financial and capital markets. The days leading up to the ETF launch saw cybersecurity incidents and criticism. The SEC's Twitter account was hacked, falsely announcing the ETF approvals, which the SEC later denied and began investigating. Gensler has also warned about risks in the crypto market, emphasizing the importance of understanding risks and legal compliance.
Source
“Why is this country trying to kill us?”
Major toilet paper brands in America have been found to contain forever chemicals. PFAS cause cancer, hormone disruption and more
Major brands include
- Bounty
- Charmin Ultra Soft Toilet Paper
- Cottonelle
- Quilted Northern
- Scott
- Kirkland Signature (Costco brand)
- Seventh Generation 100% Recycled Bath Tissue
- Tushy Bamboo Toilet Paper
- Who Gives a Crap Bamboo Toilet Paper
- Angel Soft
21 in brands total were found to contain forever chemicals. It should be illegal
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🇿🇦 Police airlift a crocodile with the body of a 59-year-old businessman inside.
Local police in #SouthAfrica say they suspected the crocodile ate the man after observing it from drones. They then shot it and airlifted it off. When they landed back on the ground, the crocodile was sliced open, and human remains were found.
The remains are believed to be those of 59-year-old Gabriel Batista, who had previously been swept away in raging floodwaters. His ring was found inside the animal along with six other pairs of shoes.
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Illinois: Video Shows Palestinian Police Officer Urging Arabs to Flood U.S. Police Departments
A Palestinian police officer in Bridgeview, Illinois is urging the Arab community to flood U.S. police departments in huge numbers. His blunt message “the more the merrier” has now sparked major controversy.
Read the full story here: https://lawenforcementtoday.com/illinoisvideoshowspalestinianpoliceofficerurgingarabstoflooduspolicedepartments
@police_frequency
📢 🇺🇸 🚷 Congressman Andy Ogles on X:
Excited to announce that my 83-page ASSIMILATION Act has been introduced.
Months of labor were undertaken by my staff, Senator Tuberville and myself in order to GUT the Hart-Celler Act of 1965, as well as scrap provisions of the Immigration Act of the 1990s.
The goal of this bill is simple: end replacement migration and ensure American cultural cohesion.
This bill will end the H-1B scam, ensure migrants NEVER become a public charge, and make America look like America again. FYI, net immigration immediately decreases by 85% under this bill.
Some other things it does:
• National Interest Standard
• Stringent Character Tests
• Mandatory E-Verify
• Ends Chain Migration
• Ends Diversity Lottery
• GUTS Birthright Citizenship
• WAY Tougher Asylum Standards
• Stronger Public Charge Rules
• 10 Year Citizenship Requirement
• English & American Civics PROFICIENCY
📎 Rep. Andy Ogles
BREAKING: US data center construction spending jumped +34% YoY in March, to a record $50 billion annualized rate.
Spending on data centers is up +437% since the beginning of 2021, when the annualized rate stood at ~$9 billion.
This is also up +688% since the start of 2018, when the annualized rate was just ~$6 billion.
Meanwhile, office building construction spending fell -9% YoY in March, to $46 billion, the lowest since 2015.
This means that spending on data centers now exceeds office building construction by $4 billion, or +9%.
To put this into perspective, office construction spending exceeded data center spending by $65 billion, or +650%, in 2020.
AI is fundamentally transforming the US economy.
(@TheKobeissiLetter)
