The Digital Euro: Control & The End Of Financial Privacy

"A Breakthrough": White House Says Strategic Bitcoin Reserve Announcement Is Imminent Authored by Micah Zimmerman via BitcoinMagazine.com, The White House is on the verge of a formal announcement on the U.S. Strategic Bitcoin Reserve — and the official leading the charge says the hard part is done. Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, told an interviewer this week that the administration has cleared a major legal hurdle in standing up the reserve.  “We’ll have an announcement,” Witt said. “I wish I could say more… It’s a breakthrough as far...

Kraft Heinz CEO: "Consumers Are Literally Running Out Of Money Toward The End Of The Month" While the digital US economy, if proxied through the earnings growth and stock prices of AI companies and their "picks and shovels" support ecosystem, has never been stronger, the traditional US consumer, responsible for 70% of US GDP, has rarely been more depressed than right now (and according to the latest University of Michigan sentiment survey, Americans have literally never been more pessimistic).  That was the take home message from the latest earnings week, when...

Micron Breaks Ground On $9 Billion Hiroshima Memory Chip Plant US memory giant Micron Technology on Saturday broke ground on the expansion of its factory in Japan's Hiroshima Prefecture, a ¥1.5 trillion ($9.3 billion) undertaking to produce advanced memory chips, Bloomberg reported.  The Boise, Idaho-based company is building the facility in Hiroshima Prefecture to make chips such as high-bandwidth memory crucial for AI processors like Nvidia’s, with shipments to start around the summer of 2028. The Ministry of Economy, Trade and Industry has allocated up to ¥500 billion to help cover...