Post #8017

🐋 Weekly Recap — Markets, Politics, and Power Plays ➡️ The old Bitcoin whale is back — opening a $438M short on 3,600 BTC while the price still holds above $121K. Someone’s testing the trend’s strength. ➡️ Trump rattles markets again saying the US might halt mass imports from China amid growing China–India ties. The rhetoric alone was enough to shake risk sentiment. ➡️ Senate rejects funding bills for the 7th time, extending the government shutdown. The Bureau of Labor Statistics recalled part of its staff to finish key inflation and unemployment reports before the late-October Fed meeting, though no release date is set. ➡️ EU mulls euro-backed stablecoins to counter the dominance of the dollar in global settlements, a direct challenge to US financial hegemony. ➡️ Arthur Hayes says Bitcoin no longer follows a 4-year halving cycle — instead, it tracks liquidity flows from the US and China. ➡️ Coinbase and Mastercard are in talks to acquire stablecoin issuer BVNK for $1.5–2.5B, aiming to expand their reach in global digital payments. Macro, politics, and whales - all moving at once. The next CPI print might decide which one leads. 🐴Powered by White Horse