🇷🇺🫳💵🇺🇸🏦 — 🏴 ZeroHedge | Russia To Seize $440 Million From JPMorgan | April 25, 2024:

"Just days after Washington voted to authorize the REPO Act - paving the way for the Biden administration confiscate billions in Russian sovereign assets which sit in US banks - it appears Moscow has a plan of its own (let's call it the REVERSE REPO Act) as a Russian court has ordered the seizure of $440 million from JPMorgan."

#Geoeconomics

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The second leg of inflation has arrived, and Powell is in quite the conundrum:

- Raise rates further: Soaring $1.1T interest expense compounds, debt spiral accelerates.
- Hold, hope inflation cools: Interest expense as % of GDP at 25y highs & growing at 5.25%.
- Cut into an inflation spike: Commodities + assets moon. Inflation becomes entrenched. Bonds crushed. Short-term yields pinned in attempt to erode real debt burdens.

Reaccelerating inflation at 5.25% Fed Funds with 7% deficits and Federal Debt/GDP at 120%.

Unprecedented.

Got 💰 ?

https://twitter.com/DylanLeClair_/status/1783897841296891909

‼️💵💸🕯📈 Yen collapsing against US Dollar now trading at 157.75 YEN per USD!

🇫🇷☢️📞🇪🇺 — French President Emmanuel Macron:

I am ready to open the debate on a Pan-European Defense Pact that will include nuclear weapons.

🇫🇷❌🇺🇸 — French President Emmanuel Macron:

“We need to make sure that we can build partnerships with third countries — that is to say, building a Europe that can show that it’s never going to be, let’s say, the lap dog of the United States"

🇪🇺⚰️❗️ — 🇫🇷French President Emmanuel Macron:

‘We must clearly realize that our Europe today is mortal.

It can die.
Europe can die, and it depends only on our choice. But this choice must be made now.
Because today the question of peace and war on our continent and whether we can guarantee our security is at stake.

We are at a turning point

Because of the attacks against Liberal-democracy, against our values, against, I say, in this place of knowledge, which is the very substrate of European Civilization, a certain relationship with liberty, justice, knowledge is at stake and not.
Yes, we are a moment of change."

🔗 Source

‼️The Rise Of Crypto’s Billion Dollar Zombies

With bitcoin soaring once again, blockchains are suddenly much more valuable. More than 50 of them are now worth over $1 billion—despite many having few users.

In order to read the full article, copy the forbes link below into here: https://12ft.io/

https://www.forbes.com/sites/stevenehrlich/2024/03/27/the-rise-of-cryptos-billion-dollar-zombies

🇨🇳❌🇺🇸🔽📉 China's U.S. Treasury holdings have fallen to their lowest level in 15 years

busy week in legal / regulatory for crypto. check out this list of headlines since monday:

📌 DOJ arrests Samourai Wallet founders

📌 FBI publishes warning against using non-MSB crypto

📌 Warren sends letter re: crypto & CSAM

📌 DOJ files opposition to Tornado Cash MTD

📌 Phoenix Wallet announces exit from US

📌 zkSNACKS (Wasabi) announces exit from US

📌 Blockchain Assoc. sues SEC over “dealer” definition

📌 Consensys says received Wells Notice, sues SEC

📌 DTCC puts 100% haircut on crypto-linked securities (doesn’t affect brokerage margin)

📌 Two SEC lawyers involved in DebtBox case resign after sanctions by federal court

📌 SEC delays decision on BTC ETF options

📌 PA bank put into FDIC receivership

📌 Custodia files appeal in case denying it a master account at Fed

📌 New UK crypto-seizure rules take effect

📌 EU parliament adopts new AML rules that include crypto

📌 DOJ seeks 3+ year prison term for Binance’s CZ

📌 Tether will freeze wallets that evade sanctions against Venezuela

📌 SEC seeks $5.3bn fine from Terraform Labs & Do Kwon

📌 Ripple seeks $10m penalty, says SEC’s $1.95bn fine is too much

https://twitter.com/intangiblecoins/status/1784235523931787364