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News Block: Fed to Cut Rates as Economic Data Worsens, Tether Launches U.S. Stablecoin, Gemini Goes Public, A Tribute to Charlie Kirk
Description
In this week's episode of the Coin Stories News Block powered exclusively by Ledn, we cover these major headlines related to Bitcoin, macroeconomics, and global finance:
- Fed under fire: Markets see a 96% chance of a .25% rate cut as Trump and Treasury Secretary Scott Bessent pile pressure on Powell.
- Housing fragility exposed: FHA quietly props up 1.2M mortgages -- echoes of the 2008 crisis?
- Tether's U.S. play: The world's largest stablecoin launches a fully regulated dollar-backed token under the new GENIUS Act.
- Crypto IPO boom: Gemini and Figure soar in debut, while Nasdaq itself backs the Winklevoss twins.
- A personal note: Reflections on the tragic assassination of Charlie Kirk,and why money corruption drives deeper social division.
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The News Block is powered exclusively by Ledn – the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. My followers get .25% off their first loan. Learn more at www.ledn.io/natalie
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Read every story in the News Block with visuals and charts! Join our mailing list and subscribe to our free Bitcoin newsletter: https://thenewsblock.substack.com
---- References mentioned in the episode:
- Wall Street Journal Article on Mortgage Borrowers
- Payrolls Negative Revision Largest on Record
- Bessent's Tweet on Fed Driving Wealth Inequality
- Scott Bessent Op-Ed on Fed Independence
- Figure Technologies Enjoys Successful IPO
- Figure IPO Boosts Valuation to $7.6 Billion
- Gemini Soars in Latest IPO Market Win
- Nasdaq Invests $50 Million in Gemini
- Winklevoss-led Gemini Raises $425 Million in IPO
- Tether Slides on Company's Massive Growth
- Bo Hines Appointed Head of Tether's U.S. Arm
- Tether Unveils New U.S.-Regulated USD Stablecoin
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