US Lawmakers Declare Crypto a Scam: Central Bank Digital Currency Wins the Day!

Among those holding forth was the intrepid Representative Maxine Waters, who deemed the CBDC Anti-Surveillance State Act—an ambitious initiative that aims to thwart any governmental oversight of a prospective digital dollar—the “anti-innovation act.” Such an appellation surely leads one to ponder whether any true innovation has ever come from a government undertaking. 🤔

Quantum Quandary: Bitcoin’s Brilliant Boffins Battle the Future

While the current crop of quantum computers are as threatening as a teacup poodle, the future behemoths could one day crack the cryptographic codes that keep our precious Bitcoin safe. This could expose a staggering 25% of BTC, including those quaint, old-fashioned coins languishing in legacy wallets. The esteemed Mr. Lopp has warned that the consequences of such a breach would be nothing short of catastrophic, with a flood of stolen coins and a trust deficit that would make the Titanic’s iceberg look like a minor inconvenience. 🚢💥

Financial Drama: Will Trump Fire Powell? Find Out Now! 🤔💰

Why this discontent? Powell, in a moment of seeming urgency, reduced the federal interest rates by a swift 75 basis points, all in the shadow of the approaching 2024 elections. Yet, when it comes to further easing, he stands staunch, invoking the specter of inflation as he surveys the new tariff policies heralded from the White House.

You’ll Never Guess What SRM is up to Now—Disney to Crypto? Really?

On July 16, they announced they’ve changed their name to Tron Inc. and are trading under the ticker “TRON.” I guess it’s the “I’m a crypto genius now” hat they decided to put on. That’s right, starting July 17, you can buy stock in Tron Inc. and feel like you’ve just made a great investment. Good luck with that! 🙄

TRUMP Memecoins: The Great Unlocking and the Capitol Circus

According to sources as reliable as a politician’s promise, 90 million Official Trump (TRUMP) tokens, worth more than $900 million, are set to be unlocked this week. This will allow holders to sell the memecoin, which was launched in January, ahead of what would have been Trump’s second-term inauguration, had the universe seen fit to grant it. 🎉