🇮🇹 The official text of the 2025 Budget Law, signed by the President of Italy, has been presented❗️
It includes a capital gains tax increase on #Bitcoin to 42%.
THE STATE WANTS YOU IN POVERTY!!
WAKE UP!
#Bitcoin #Crypto #Italy
🇺🇸✅ #BTC The Pennsylvania House of Representatives has passed a bill protecting residents' rights to self-custody digital assets, ensuring their ability to use #Bitcoin for payments, and providing clear guidance on cryptocurrency transaction taxation.
#Crypto #BitcoinLaw #Blockchain
🔥 "I'm sitting here, it's 2024. This is Charles-Henry Monchau, CIO of a Swiss bank. He's explaining #Bitcoin to clients and why it might become the next global reserve currency. BTC is now at a tipping point for the mainstream." – Willy Woo
#Bitcoin #Finance #GlobalReserve #Crypto
🚨 JUST IN: JP Morgan reports that hedge funds are positioning their portfolios for a Trump victory.
#Trump #HedgeFunds #Elections2024 #Investing #JPmorgan
🔥 JUST IN: 🇺🇸 Billionaire Hedge Fund Manager Paul Tudor Jones Says:
"All roads lead to inflation. I’m long gold. I’m long #Bitcoin 💰"
#Bitcoin #Gold #Inflation #Investing #PaulTudorJones
🇧🇷❌🇻🇪 Brazil Officially Rejects Venezuela's Entry into BRICS
The Brazilian Foreign Minister has formally announced Brazil's rejection of Venezuela's bid to join the BRICS group. This decision emphasizes Brazil's position on maintaining certain criteria for membership expansion.
#Brazil #Venezuela #BRICS #Geopolitics
⚠️🇪🇺🇺🇸 EU Preparing for Large-Scale Trade War with the US if Trump Wins Election
According to Politico, the European Union is bracing for a potential large-scale trade war with the United States if Donald Trump wins the next election. The U.S. could face a strong response from Europe if Trump reignites trade tensions, leading to a prolonged "eye for an eye" scenario that could last for years.
#TradeWar #Trump #EU #US #Politico #Geopolitics
✴️🇺🇸 Majority of SEC Executives Resigning After New President's Arrival
According to CoinDesk (CD), most senior SEC executives are stepping down following the arrival of the new president. For the cryptocurrency industry, the final moments of Chairman Gary Gensler's term are of particular interest, as his departure could signal significant regulatory shifts.
#SEC #CryptoRegulation #GaryGensler #CoinDesk #Cryptocurrency
🚨 U.S. News Alert 🇺🇸🍟 McDonald’s Stock Plummets Amid E. coli Outbreak
📉 Shares of McDonald’s are falling sharply as a recent E. coli outbreak linked to its hamburgers has sickened 49 people and caused one death.
🍔 The CDC confirmed that the outbreak is tied to Quarter Pounders (Quarteirão com Queijo in Brazil), with most cases reported in Colorado and Nebraska between September 27 and October 11.
⚠️ One patient developed Hemolytic Uremic Syndrome, a severe condition that can lead to kidney failure. An elderly person in Colorado has died. The CDC warns that the true number of affected individuals could be significantly higher than reported.
#McDonalds #EcoliOutbreak #CDC #StockMarket #HealthAlert
Daily Market & Political Update
🇺🇸 Yellen: The U.S. Treasury will unveil new trade sanctions against Russia, targeting intermediaries in countries like India, Malaysia, and Thailand that supply critical military resources. This is a step to restrict Russia’s access to essential goods despite export bans on military tech. #RussiaSanctions #BidenAdministration
🇺🇸 U.S. Elections: Ipsos poll (via Reuters) shows Kamala Harris at 46% vs. Donald Trump at 43%. Trump leads on economic and immigration issues, while Harris shines on democracy and extremism topics. Voter turnout expected to be high, with 79% certain to vote. #2024Elections #KamalaHarris #DonaldTrump
🇪🇺 BoE: Andrew Bailey says tools to oversee non-banking institutions must improve, citing the sector’s opacity. The BoE aims to enhance liquidity and transparency monitoring. #BoE #FinancialRegulation
🇪🇺 Lagarde: ECB’s Christine Lagarde invites Trump to visit the European Central Bank following his critiques of Jerome Powell. She emphasized the complexity of central banking, suggesting Trump could learn more from ECB's operations. #ChristineLagarde #ECB #Trump
🇪🇺 Inflation: ECB’s Lagarde predicts Eurozone inflation may hit the 2% target sooner, possibly by 2025. Knot and Holzmann also foresee quicker rate cuts and faster inflation decreases. #EurozoneInflation #ECB
🟡 Gold hit a record high of $2,759.80/oz amid concerns over U.S. elections and Middle East tensions, with year-to-date gains now at 33%. #Gold #USAElections #MiddleEast
JUST IN: 🇺🇸 JPMorgan CEO Jamie Dimon privately supports Kamala Harris and would consider a role in her administration, NYT reports.
This could have significant implications for the financial world.
#JamieDimon #KamalaHarris #JPMorgan #Politics #Finance
JUST IN: 🇺🇸 Donald Trump's election odds rise to a record 30.1% against Kamala Harris, according to crypto platform Polymarket.
Election sentiment seems to be shifting. Stay updated!
#Trump #Elections2024 #Polymarket #Crypto
🇬🇧🏦 FCA defends its strict crypto registration process
Responding to concerns that tough regulations may stifle innovation, the FCA insists that robust standards are crucial for a competitive and secure crypto sector. The agency also offers support during registration to ensure companies meet the necessary requirements while safeguarding consumers.
#Crypto #Regulation #FCA #UK #Finance
🇺🇸 UPDATE: 🪙 U.S. spot #Bitcoin ETFs have acquired nearly double the $BTC mined by miners since their launch on January 10.
The demand continues to surge! 📈
#Crypto #Bitcoin #ETF #Finance #BreakingNews
🌎💸📈 — 🏴 ZeroHedge | The $100 Trillion Global Debt Bomb and Financial Shock Risk | Written by Daniel Lacalle | October 21, 2024:
"The IMF warns of a relentless combination of low growth and high debt. Governments must reduce debt and build buffers for the next shock, which may come sooner than expected."
At the current spending rate, U.S. debt-to-GDP is projected to hit 198% by 2050, with G-7 debt rising to 188%. Only Germany is expected to reduce debt, while Japan's debt could reach a staggering 329%. Public debt levels are set to hit $100 trillion in 2024, driven by China and the U.S. 📉
#DebtCrisis #GlobalEconomy #Finance #BreakingNews
🇰🇵🇰🇷🇺🇦 South Korea is considering sending its own troops to Ukraine in response to North Korea deploying soldiers on behalf of Russia.
Tensions continue to rise in the region. 🌍
#Ukraine #Russia #NorthKorea #SouthKorea #Geopolitics #BreakingNews
BREAKING: 📊 Gold's market capitalization hits a record $18.4 TRILLION
Since 2019, the market value of gold has officially doubled, with prices surpassing $2,750 for the first time in history—up 33% year-to-date! 📈
#Gold #Finance #Markets #BreakingNews
💰 $806 billion Bernstein sees #Bitcoin breaking out above $70,000 as sentiment screams ‘risk-on’ — CNBC 🚀
Is a new all-time high on the horizon? 📈
#Bitcoin #Crypto #Finance #BreakingNews