However, many in the crypto community feel strongly that a crypto reserve should hold only bitcoin as it's the most battle tested and decentralized of the crypto networks. The inclusion of other coins could also invites the government to pick winners and losers in the crypto market, they say.
Another faction rejects the idea of a U.S. reserve of any cryptocurrencies, as it could potentially undermine the status of the dollar and be easily undone by a future administration.
"The next election could see a new administration come in and need to find money to pay debt, social security, etc. They could sell the reserve," said Adam Blumberg, co-founder and vice president of advisory services at Enclave Group.
Later that day, The Washington Post reported the Trump administration was considering ending all ongoing shipments of military aid to Ukraine. At stake is roughly $5.5 billion of radars, vehicles, ammunition, and missiles that are currently awaiting shipment.
Zelenskyy left Washington for London, where he took part in a summit of European leaders during the weekend.
Great Britain and France have committed to assembling a "coalition of the willing" to secure a peace agreement between Ukraine and Russia, the Times reported, but it remained unclear whether that will satisfy Trump.
A source told the outlet that Trump is expected to meet with top aides to discuss suspending or canceling U.S. military aid to Ukraine.
French President Emmanuel Macron told the French paper Le Figaro that a British-French plan would begin with a one-month truce between Ukraine and Russia, and any deployment of peacekeeping troops would come only after that.
"There will be no European troops on Ukrainian soil in the coming weeks," Macron said. "The question is how we use this time to try and obtain an accessible truce, with negotiations that will take several weeks and then, once peace has been signed, a deployment.
"We want peace. We don't want it at any price, without guarantees."
The Republican president won support from the crypto industry in his 2024 election bid, and he has quickly moved to back their policy priorities. Under his Democratic predecessor, Joe Biden, regulators cracked down on the industry in a bid to protect Americans from fraud and money laundering.
In recent weeks though, cryptocurrency prices are down sharply, with some of the biggest digital currencies erasing nearly all of the gains made after Trump's election win triggered a wave of excitement across the industry.
Analysts say the market needs a reason to move higher, such as indications that the U.S. Federal Reserve plans to cut interest rates or a clear pro-crypto regulatory framework from the Trump administration.
Trump is hosting the first White House Crypto Summit on Friday. His family has also launched its own coins.
It's not clear how the new stockpile will be set up or work.
Analysts and legal experts are divided on whether an act of Congress will be necessary. Some have argued the reserve could be created via the U.S. Treasury's Exchange Stabilization Fund, which can be used to purchase or sell foreign currencies.
Trump's crypto group had planned to look at potentially creating the stockpile with cryptocurrencies seized in law enforcement actions.
U.S. President Donald Trump ordered a new trade investigation that could heap more tariffs on imported lumber, adding to existing duties on Canadian softwood lumber and 25% tariffs on all Canadian and Mexican goods due next week.
In his third new tariff probe in a week, Trump signed a memo on Saturday ordering Commerce Secretary Howard Lutnick to initiate a national security investigation into U.S. lumber imports under Section 232 of the Trade Expansion Act of 1962. The trade law is the one Trump also used to impose tariffs on global steel and aluminum imports.
The probe covers derivative products made from lumber which could include furniture such as kitchen cabinets, which in some cases are made of U.S. lumber that had been exported.
"That stops today with a pair of Trumpian actions designed to both bolster supply of and demand for American timber and lumber," he told reporters on a conference call ahead of the signing.
A White House official said that increasing reliance on imported lumber represents a possible national security risk partly because the U.S. military consumes significant quantities of lumber for its construction activities and because increasing dependence on imports for a commodity with ample domestic supplies is a danger to the U.S. economy.
The official did not provide details on a proposed tariff rate under the Section 232 lumber probe, but Trump earlier this month told reporters that he was thinking about imposing a 25% tariff rate on lumber and forest products.
The Greeks in Italy
The Greeks began to colonize the Italian Peninsula around the second half of the eighth century B.C. Those early settlements were agricultural communities, built by Greeks looking for a better life. Trade was also a factor, as they moved north to create contact with the Etruscans, who eventually became great trading partners.
The Italian Greek cities, called Magna Graecia, shared the great accomplishments of the motherland including town planning, art, coinage, science, and philosophy, but remained closed off from the rest of Italy. They quarreled among themselves often leading to civil war within the cities, and lacked the power to expand their area of dominance. Not able to stimulate the Latins to significant imitation, the Greeks had to be content to see their gods absorbed into the religion of Etruria and Rome.
During the fourth and fifth centuries B.C, the Greek cities came under pressure from native Italian tribes. The most notable, the Lucanians, pushed into the foot of Italy and encroached on the land of the Greeks. Many times the Greek cities appealed for help from the motherland against them. Many times Athens or Sparta sent an army, but the cities never realized a permanent peace.
The Romans were not interested in the Greek cities during this period because they were distracted by invasions from the north and Samnite Wars, which lasted until 290 B.C. In 285 B.C, Thurii and Rhegium appealed to Rome for help against the Lucanians. These appeals forced Rome to create a policy for southern Italy designed to prevent the involvement of outsiders, and signaled the end of Magna Graecia as an independent entity.
Don’t offer the deal again. Trump can wash his hands of this deal. He can say “we had a deal, a great deal, the best deal ever but Ukraine chose the European plan over ours. We wish them well.” Offer loans like the Europeans, backed by European nations assets, interest paid on time. Sell them whatever arms they want to buy and they’re responsible for the repercussions of their use. This mineral deal isn’t worth the headaches and Europe will try to drag us into war with Russia before we get out of there. Walk away. 2cents
Trump: 'Paid Troublemakers' Roiling GOP Town Halls
President Donald Trump said "paid troublemakers" are to blame for the recent spate of contentious Republican town halls.
"Paid "troublemakers" are attending Republican Town Hall Meetings," Trump wrote on Truth Social on Monday. "It is all part of the game for the Democrats, but just like our big LANDSLIDE ELECTION, it's not going to work for them!"
Rep. Glenn Grothman, R-Wis., was booed and jeered at a town hall in Wisconsin on Friday when he defended Trump's executive orders for ending birthright citizenship and diversity, equity and inclusion programs, according to Wisconsin Public Radio.
Several people yelled "no!" when Grothman said he wanted to reform welfare, and constituents yelled at him over Elon Musk's involvement in the White House, WPR reported.
However, many in the crypto community feel strongly that a crypto reserve should hold only bitcoin as it's the most battle tested and decentralized of the crypto networks. The inclusion of other coins could also invites the government to pick winners and losers in the crypto market, they say.
Another faction rejects the idea of a U.S. reserve of any cryptocurrencies, as it could potentially undermine the status of the dollar and be easily undone by a future administration.
"The next election could see a new administration come in and need to find money to pay debt, social security, etc. They could sell the reserve," said Adam Blumberg, co-founder and vice president of advisory services at Enclave Group.
Later that day, The Washington Post reported the Trump administration was considering ending all ongoing shipments of military aid to Ukraine. At stake is roughly $5.5 billion of radars, vehicles, ammunition, and missiles that are currently awaiting shipment.
Zelenskyy left Washington for London, where he took part in a summit of European leaders during the weekend.
Great Britain and France have committed to assembling a "coalition of the willing" to secure a peace agreement between Ukraine and Russia, the Times reported, but it remained unclear whether that will satisfy Trump.
A source told the outlet that Trump is expected to meet with top aides to discuss suspending or canceling U.S. military aid to Ukraine.
French President Emmanuel Macron told the French paper Le Figaro that a British-French plan would begin with a one-month truce between Ukraine and Russia, and any deployment of peacekeeping troops would come only after that.
"There will be no European troops on Ukrainian soil in the coming weeks," Macron said. "The question is how we use this time to try and obtain an accessible truce, with negotiations that will take several weeks and then, once peace has been signed, a deployment.
"We want peace. We don't want it at any price, without guarantees."
The Republican president won support from the crypto industry in his 2024 election bid, and he has quickly moved to back their policy priorities. Under his Democratic predecessor, Joe Biden, regulators cracked down on the industry in a bid to protect Americans from fraud and money laundering.
In recent weeks though, cryptocurrency prices are down sharply, with some of the biggest digital currencies erasing nearly all of the gains made after Trump's election win triggered a wave of excitement across the industry.
Analysts say the market needs a reason to move higher, such as indications that the U.S. Federal Reserve plans to cut interest rates or a clear pro-crypto regulatory framework from the Trump administration.
Trump is hosting the first White House Crypto Summit on Friday. His family has also launched its own coins.
!summarize #rareearth #metals
It's not clear how the new stockpile will be set up or work.
Analysts and legal experts are divided on whether an act of Congress will be necessary. Some have argued the reserve could be created via the U.S. Treasury's Exchange Stabilization Fund, which can be used to purchase or sell foreign currencies.
Trump's crypto group had planned to look at potentially creating the stockpile with cryptocurrencies seized in law enforcement actions.
!summarize #piersmorgan #trump #zelenskyy #ukraine #russia #peace
!summarize #dallas #mavericks #nba #fans
!summarize #nyknicks #nba #miami #heat
!summarize #dnc #cult #lindyli #politics
!summarize #zelenskyy #minerals #deal #trump #whitehouse
!summarize #economy #realestate #homesales
!summarize #nymets #juansoto #mlb
!summarize #automotive #jaguar #landrover
!summarize #sanfrancisco #deebosamuel #49ers #trade #commanders #washington #ai
!summarize #lukadoncic #lalakers #clippers #losangeles #nba
!summarize #bottleneck #singularity #ai #generativeai #superintelligence #agi
Trump Orders Tariff Probe Into US Lumber Imports
U.S. President Donald Trump ordered a new trade investigation that could heap more tariffs on imported lumber, adding to existing duties on Canadian softwood lumber and 25% tariffs on all Canadian and Mexican goods due next week.
In his third new tariff probe in a week, Trump signed a memo on Saturday ordering Commerce Secretary Howard Lutnick to initiate a national security investigation into U.S. lumber imports under Section 232 of the Trade Expansion Act of 1962. The trade law is the one Trump also used to impose tariffs on global steel and aluminum imports.
The probe covers derivative products made from lumber which could include furniture such as kitchen cabinets, which in some cases are made of U.S. lumber that had been exported.
"That stops today with a pair of Trumpian actions designed to both bolster supply of and demand for American timber and lumber," he told reporters on a conference call ahead of the signing.
A White House official said that increasing reliance on imported lumber represents a possible national security risk partly because the U.S. military consumes significant quantities of lumber for its construction activities and because increasing dependence on imports for a commodity with ample domestic supplies is a danger to the U.S. economy.
The official did not provide details on a proposed tariff rate under the Section 232 lumber probe, but Trump earlier this month told reporters that he was thinking about imposing a 25% tariff rate on lumber and forest products.
The Greeks in Italy
The Greeks began to colonize the Italian Peninsula around the second half of the eighth century B.C. Those early settlements were agricultural communities, built by Greeks looking for a better life. Trade was also a factor, as they moved north to create contact with the Etruscans, who eventually became great trading partners.
The Italian Greek cities, called Magna Graecia, shared the great accomplishments of the motherland including town planning, art, coinage, science, and philosophy, but remained closed off from the rest of Italy. They quarreled among themselves often leading to civil war within the cities, and lacked the power to expand their area of dominance. Not able to stimulate the Latins to significant imitation, the Greeks had to be content to see their gods absorbed into the religion of Etruria and Rome.
During the fourth and fifth centuries B.C, the Greek cities came under pressure from native Italian tribes. The most notable, the Lucanians, pushed into the foot of Italy and encroached on the land of the Greeks. Many times the Greek cities appealed for help from the motherland against them. Many times Athens or Sparta sent an army, but the cities never realized a permanent peace.
The Romans were not interested in the Greek cities during this period because they were distracted by invasions from the north and Samnite Wars, which lasted until 290 B.C. In 285 B.C, Thurii and Rhegium appealed to Rome for help against the Lucanians. These appeals forced Rome to create a policy for southern Italy designed to prevent the involvement of outsiders, and signaled the end of Magna Graecia as an independent entity.
!summarize #nfl #adamschefter #quarterbacks #browns #nygiants
!summarize #consciousness #hofsandferloops
!summarize #trump #tushpush #eagles #Philadelphia #nfl
!summarize #gravity #dimensions #universe
!summarize #robertgreene #respect #success
!summarize #gingrich #zelenskyy #politics #war #budget
!summarize #trump #commercesecretary #zelenskyy #ukraine
!summarize #karjorietaylorgreen #biden #hunterbiden #corruption #politics
Don’t offer the deal again. Trump can wash his hands of this deal. He can say “we had a deal, a great deal, the best deal ever but Ukraine chose the European plan over ours. We wish them well.” Offer loans like the Europeans, backed by European nations assets, interest paid on time. Sell them whatever arms they want to buy and they’re responsible for the repercussions of their use. This mineral deal isn’t worth the headaches and Europe will try to drag us into war with Russia before we get out of there. Walk away. 2cents
!summarize #quantuminternet #internet #quantum #physics #telecommunications
!summarize #nvidia #ceo #jensenhuang #ai #adoption
!summarize #cognition #biology #life #science
!summarize #nygiants #aaronrodgers #chrissimms #nfl
!summarize #synchronicity #carljung #reality
Trump: 'Paid Troublemakers' Roiling GOP Town Halls
President Donald Trump said "paid troublemakers" are to blame for the recent spate of contentious Republican town halls.
"Paid "troublemakers" are attending Republican Town Hall Meetings," Trump wrote on Truth Social on Monday. "It is all part of the game for the Democrats, but just like our big LANDSLIDE ELECTION, it's not going to work for them!"
Rep. Glenn Grothman, R-Wis., was booed and jeered at a town hall in Wisconsin on Friday when he defended Trump's executive orders for ending birthright citizenship and diversity, equity and inclusion programs, according to Wisconsin Public Radio.
Several people yelled "no!" when Grothman said he wanted to reform welfare, and constituents yelled at him over Elon Musk's involvement in the White House, WPR reported.
!summarize #maxscherzer #pitching #umpires #mlb #toronto #bluejays