dungnguyen

@dungnguyen111

2975 Following

396 Followers

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El Salvador 🇸🇻 continues to buy more Bitcoin every day, despite the statement from the IMF that the country has complied with the loan conditions and will not accumulate more Bitcoin.

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President Trump: On his way to the Crypto dinner party in Loudon County, Virginia. The United States is DOMINATING in the field of Crypto, Bitcoin, etc... and we will hold on to that!

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Congressman Cynthia Lummis shares research from the Nakamoto Project: – 80% of Americans support transferring a part of the US gold reserves to Bitcoin. – The majority of respondents prefer a modest conversion rate, between 1% and 30%. – The median conversion rate is 10%, illustrated by the image of the balance between Bitcoin and gold. – The younger generation shows a stronger interest in Bitcoin, with a higher desired conversion rate in the younger age group.

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I just harvested a new gold crop! brum brum 🚜💨

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Senator Tim Scott, Chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs, praised the vote to pass the GENIUS Act (Stablecoin) as an important step forward and has been delayed for too long in affirming the leadership role of the United States in the digital asset sector. He expressed his appreciation for the bipartisan cooperation, as many Democratic MPs returned to the negotiating table and supported this bill. The GENIUS Act will help the United States move closer to building a legal framework that both promotes innovation and protects consumers and strengthens national security.

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Senator Bill Hagerty said that it is estimated that by 2030, stablecoin issuers in the crypto sector "will become the largest holders of US government bonds in the world."

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Lawrence Lepard (Founder – Equity Management Associates) warns that we are living in a serious public debt crisis, and this can lead to high inflation and a reset of the monetary system. When that happens, there will be clear winners and losers, and "you won't have a chance to do it again." He for example: the government can suddenly return to the gold standard, bringing the price of gold to 20,000 USD/ounce, then, only those who already own gold or gold mining stocks will benefit. Similar to bitcoin: if the US claims to hoard bitcoin as a strategic asset, the price could triple, and those who do not hold it will miss out completely. Therefore, he recommends that investors should allocate assets to things that the government cannot print, such as gold, silver, and bitcoin, instead of just holding dollars, because according to him, the government will continue to print out a lot of dollars in the future.

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The chart from K33 Research shows the number of publicly listed companies holding Bitcoin (BTC) by country from 2022 to 2025: - In 2022 and before: 36 companies - In 2023: 46 companies - In 2024: 78 companies - In 2025 (up to now): 97 companies Countries leading in 2025 in the number of BTC holding companies: - United States: 31 companies - Canada: 25 companies - China/Hong Kong: 11 companies - Japan: 7 companies There are also other countries (with fewer numbers) such as the United Kingdom, Germany, South Korea, Singapore, UAE, France, Australia, India, Brazil, etc. — showing that the trend of accepting Bitcoin is increasingly widespread globally in the listed business sector.

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Moody's Ratings downgraded the U.S. national credit rating by one place, from Aaa (the highest possible level) to Aa1 (2nd highest level), on the grounds of the growing burden on financing federal budget deficits and rising debt maturity costs in the context of high interest rates. Although Aa1 is still in the best credit rating group, it is the second highest rating on the Moody's scale. However, being downgraded may cause US government bond interest rates to increase. Specifically, the 10-year US government bond yield increased by 3 basis points, to 4.48% in the after-hours trading session. And this is definitely not what President Trump wants.

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FTX Recovery Fund will distribute more than 5 billion USD to creditors in the second distribution on May 30, 2025

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The CEO of Coinbase said that now that Coinbase has joined the S&P 500 index, crypto will become a part of many retirement accounts.

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President Trump believes that the market will rise even higher. He reiterated that he advised people to buy it 5 weeks ago, although it was criticized at that time, but now the critics are silent. He emphasized that the current situation is unprecedented, with a boom in investment, job growth, and the emergence of large companies. According to him, this is a historic economic moment.

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The United States declared victory in this negotiation. China also declared its victory in this negotiation. ... But the real winners are investors and businesses of both sides. In the financial market, the bears 🐻 always sound very logical, but in the long run, the bulls 🐂 are the ones who make money.

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Ukrainian President 🇺🇦 Volodymyr Zelensky will meet Russian President 🇷🇺 Vladimir Putin in person in Istanbul, Turkey on Thursday to negotiate an end to the war.

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Cathie Wood (Ark Invest) still believes that the price of Bitcoin by 2030 can reach 700,000–750,000 USD in the basic scenario and 1.5 million USD in the optimistic scenario. She believes that Bitcoin still has a lot of room for growth when financial institutions have just started to participate, about 1 million BTC has not been mined, and great potential from emerging markets. In addition, Bitcoin is gradually replacing gold as a value storage asset.

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Since 2007, the cash flow into US assets 🇺🇸 has been extremely large, with a total of 3.5 trillion USD flowing into stock funds, corporate bonds and US government bonds. The stock fund accounts for 34%, equivalent to 1.2 trillion USD. After the 2020 pandemic, cash flow skyrocketed with 2.5 trillion USD pouring in just a few years. Even in the bear market in 2022, cash flows continued to flow in, despite recent sell-offs, US funds still recorded strong cash flows. 💰 And when money is printed in the name of "helping people" or "saving the economy", history shows that most of the money flows into the hands of large corporations and the rich class, who then continue to reinvest in assets to fight inflation, increasing stock and property prices, thereby deepening the gap between rich and poor.

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Minister of Finance 🇺🇸 Scott Bessent: We believe that the United States should be the top destination for digital assets. To achieve that, as members of this committee and the Senate are trying to implement, it is necessary to build an effective market structure in which best practices will be applied and become the global standard. In fact, the problem lies in the fact that the United States needs to actively establish top practices, instead of letting other countries lead and create gaps that we must try to fill later. We want the United States to be a speed-setting country, not a follower.

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China confirmed that it will have a meeting with the United States this week to start trade negotiations. US Treasury Secretary 🇺🇸Scott Bessent will meet Chinese Deputy Prime Minister 🇨🇳 Ha Lap Phong on Thursday, and Trade Representative Jamieson Greer will talk to his counterpart on Friday.

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