NEW: Democrat Senator John Fetterman sponsors S.1475, a bill to amend the Clean Air Act to impose energy reporting requirements and emissions standards on Bitcoin mining operations.
The US government has spent $154 billion more in 2025 than it did over the same period in 2024.
Unless treasury yields drop, and fast, no amount of DOGE cutting will stop this from spiraling out of control.
Wall Street is panicking.
The Fed is scrambling.
The bond market just took control.
This isnβt a treasury sell-off -
itβs a hostage situation.
And Bitcoin knows how it ends.
Checkmate on TFTC: The Nasdaq and S&P have now given back nearly all of their gains since the start of 2024.
Meanwhile, Bitcoin started 2024 at $42K and itβs still holding around $80K.
On a relative basis, Bitcoin has massively outperformed equities since then.
Minneapolis Fed President Neel Kashkari: We could be seeing bond yields going up because investors no longer see America as the best place in the world to invest.
NEW: US Bitcoin miners are scrambling to import ASIC hardware before Trumpβs new tariffs send prices soaring 22β36%.
Miners are chartering flights from China and Southeast Asia (costing $2M to $3.5M each) to avoid the looming hit.
U.S. miners imported $860M in ASICs in Q1 2025 alone.
ECB Executive Piero Cipollone on the πΆ Euro CBDC:
"We can only see 3 things for each transaction:
1) A code representing the payer
2) The amount to be transferred
3) A code representing the payee
We won't be able to link the code of the payer/payee to a specific person."
