Trump’s got this bee in his bonnet about the US trade deficit. Says it’s too big, needs to be smaller. The US has been running a deficit since 1976, can you believe it? That’s longer than some of you have been alive! January was particularly ghastly, with a deficit of -131.38 USD Billion. Blimey! 😱
The whole thing is still waiting for “regulatory approval”—because that’s always a good sign, right? The brainchild behind this master plan is Trump Technology Group Corp (TMTG). Yes, the same folks behind Truth Social, which is just… fantastic. And now, they’re jumping into the world of fintech with Truth.Fi. Really? Does anyone need this?
Despite the Fed’s attempts to sprinkle some fairy dust on the economy starting in the third quarter of 2024, bond yields are still high, and the stock market is like, “Nah, I’m good.” Seriously, it’s like watching a cat ignore a laser pointer. 🐱✨
According to the sacred scrolls of their official site, the illustrious Yuga Labs-backed collection has witnessed a veritable stampede of buyers, with 19 sales of these unique pixelated avatars occurring in the last day. The frenzy has propelled transactions up by a delightful 18.75%, catapulting this NFT collection to the esteemed position of the second largest, as proclaimed by the oracle known as CryptoSlam. 🥳
And just when you thought Japan was all about sushi and sumo, here comes USDC, making headlines and shaking hands. Not too long after, GCash, the Philippines’ favourite digital wallet (because who doesn’t love a good wallet?), decided to swing by and add support for our dear friend, the dollar-backed coin. Isn’t that adorable? 🥳
This delightful little token is pegged to the US dollar, which is a bit like saying a cat is pegged to a laser pointer—exciting, but ultimately a bit unpredictable. It’s now frolicking on the Ethereum and Binance blockchains, although the official announcement was as conspicuous as a cat in a dog park—nonexistent. 🐱🐶
Just shy of47% of our brave respondents were all heart-eyes for AI-based digital assets. Nearly30% were like, “Meh, whatever floats your boat,” and the rest? Well, they were either giving AI the side-eye or outright throwing shade. 😎🔮
House the Doge (HoD), a new entity announced by Timothy Stebbing in a February 22 X post, was born after he turned down several high-profile corporations for Dogecoin adoption partnerships, deeming them “not genuine enough.” Stebbing had previously hinted that HoD would aggregate mined Dogecoin to create a massive Dogecoin Reserve & Treasury, streamlining its global adoption. 🏦🐶
Meanwhile, another legal mind, a Mr. Fred Rispoli, has joined the chorus, accusing Coinbase of actions driven more by a thirst for profit than any genuine concern for the common good. One almost expects a dramatic flourish of a mustache at this point. 🧐
He went on to say that Bitcoin “barely managed” to hit a new high in gold terms back in December. I mean, at this point, Bitcoin is like that friend who shows up to the party but just stands in the corner, sipping a flat soda while gold is out there doing the Macarena. 💃