News Block: Powell Says U.S. on 'Unsustainable Path,' Investors Sound Alarm on CRE, EIA Declares Bitcoin Mining an “Emergency,” Pro-Bitcoin President Nayib Bukele Re-Elected in El Salvador
In this week's episode of the Coin Stories News Block powered by Bitdeer (NASDAQ: BTDR), we cover the major headlines related to Bitcoin and global finance:
- Powell Says U.S. on an Unsustainable Fiscal Path
- Takeaway from Powell's 60 Minutes Interview: U.S. Needs its Money Printer
- Investors Sounding the Alarm on Commerical Real Estate
- EIA Declares “Emergency Survey” Around Bitcoin Mining
- Bukele Wins Second Re-Election in Landslide Victory
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References mentioned in the episode:
- Full Transcript of Jerome Powell on 60 Minutes
- House Budget Committee is Sounding the Alarm
- Barry Sternlicht Warns of Existential Crisis in CRE
- Regional Banks Exposure to CRE Around 30%
- Report on the Great Bank Consolidation Since 1980s
- Top 5 Banks Hold More Than 50% of Bank Assets
- US Government Seems to be Closing in on Mining
- EIA Announces Emergency Survey on Bitcoin Miners
- TBC President Lee Bratcher Tweets on EIA Survey
- El Salvador President Bukele Wins Re-Election
- Bukele Wins 87% of the Vote in Re-Election
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The News Block is powered exclusively by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in Bitcoin mining that stands alone as the only vertically-integrated, technology-focused Bitcoin mining company. Learn more at www.bitdeer.com.
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This podcast is for educational purposes and should not be construed as official investment advice.
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#money #Bitcoin #investing
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