THANK YOU TO THE FIRST 100 FOLLOWERS – 10 USDT GIVEAWAY
Hello everyone on Binance Square 👋 After about one month of building the channel, I've reached 100 FOLLOWERS – a still modest number, but the first stepping stone for my journey to continue sharing and developing content in the future.
Thank you all for following, engaging, and supporting my posts so far. I hope everyone will continue to support the channel in the coming period, so I can keep gaining motivation to further develop KanT Crypto.
Latest update: 🇺🇸 Bank of America believes that the criminal investigation into Federal Reserve Chair Jerome Powell could lead to a delay in interest rate cuts. $BTC $ZEC $DASH
U.S. Treasury Secretary Unhappy with Fed Chair's Criminal Investigation
Scott Bessent is concerned that the criminal investigation into Federal Reserve Chair Jerome Powell could have a negative impact on financial markets. On January 12, CNN cited close sources saying that U.S. Treasury Secretary Scott Bessent told several people he was dissatisfied with the decision to launch a criminal investigation into Federal Reserve Chair Jerome Powell. Bessent is concerned this decision could negatively affect the markets. Earlier this year, he warned President Trump that firing Powell could cause financial market volatility.
The investigation into the Fed chairman is likened to 'playing with fire'
Trump's administration is like "spilling gasoline everywhere and playing with matches," as a criminal investigation into the Fed chairman threatens the status of the US dollar and the US economy, according to an expert. In a strongly worded statement on January 11, Federal Reserve Chairman Jerome Powell confirmed that federal prosecutors have launched a criminal investigation into him, related to a building renovation project. Commenting on the incident, Karl Schamotta, Chief Market Strategist at Corpay (Toronto), warned of "unintended consequences" from pressuring the Fed. "Spilling gasoline everywhere and playing with matches rarely ends well," he said.
World gold prices exceed 4,600 USD, U.S. stocks hit record highs
At the start of the week, gold prices reached 4,629 USD at one point, while the DJIA and S&P 500 both hit new highs. Closing the trading session on 12/1, the price of world gold jumped 88 USD to 4,597 USD per ounce. During the session, the price reached a new peak of 4,629 USD at one point. On the morning of 13/1, the price slightly declined to 4,591 USD. Investors turned to safe-haven assets amid instability following the U.S. President Donald Trump's administration launching a criminal investigation into Federal Reserve Chair Jerome Powell. The investigation was initiated over a headquarters renovation project, but Chair Jerome Powell stated it was merely a 'pretext' as he had not significantly lowered interest rates.
Alpha is in such a mess now, guys. Brother Byang gave this $CAI , meaning it's time to go with CAI Alpha, right, guys? Does anyone take this bet? Let's share it. $BTC $ZEC
Domestic brands are selling gold bars at 162 million VND per tael, following the upward trend in global prices. On the morning of January 10, Saigon Jewelry and Gem Company (SJC) quoted the price of gold bars at 160 - 162 million VND per tael, up 2.1 million VND from last weekend. This is the highest price of precious metal to date. Other brands have also adjusted prices similarly to SJC. With plain rings, SJC increased by 2.2 million VND, reaching 156.5 - 159 million VND per tael. PNJ and Doji trade this product around 156 - 159 million VND, while Bao Tin Minh Chau is at 158.7 - 161.7 million VND per tael.
Global gold prices are heading toward the 4,600 USD mark due to ongoing geopolitical instability and the latest U.S. jobs report. Opening the trading session on 12/1, the current price of global gold rose by 80 USD to 4,589 USD per ounce. This price far exceeds the previous record set in December last year, which was 4,549 USD. The market rose after last week's U.S. Labor Department jobs report, which showed weaker-than-expected growth, with the economy adding only 50,000 new jobs. This report further strengthens the likelihood that the U.S. Federal Reserve will continue cutting interest rates this year.
On January 11, Federal Reserve Chairman Jerome Powell confirmed that federal prosecutors have opened a criminal investigation into him. "On Friday, the Department of Justice sent a grand jury subpoena to the Fed, threatening criminal prosecution related to my testimony before the Senate Banking Committee last June. The content of that testimony included part of a multi-year renovation project involving Fed office buildings," Powell said in a video posted on the Fed's X account.
What's going on with Stable Coin being manipulated like this, guys? How can we keep up with this kind of manipulation? Has anyone else been hit by this pain? Share your experience please. $LISA $ZEC $B
Latest update: 🇺🇸 U.S. President Donald Trump stated that credit card companies will "violate the law" if they charge interest rates above 10% after next January 20. $BTC $ZEC $ERA
Latest update: 🇺🇸🇻🇪 U.S. President Donald Trump stated that the United States will take billions of dollars worth of oil from Venezuela. The amount could even be in the trillions. $BTC $ACT $NIGHT
Biden ignored the housing market, instead drowning in rising crime, open borders, runaway inflation, the Afghanistan disaster, and a military left in chaos and turmoil. Everything was broken, but as President of the United States, I fixed it all!
Now, I am giving special attention to the housing market. Because I chose not to sell Fannie Mae and Freddie Mac during my first term — a truly brilliant decision that went against advice from so-called "experts" — their value is now many times higher than that figure — A MONUMENTAL WEALTH — and they have $200 BILLION IN CASH.
For this reason, I am directing my representatives TO BUY $200 BILLION IN MORTGAGE BACKED SECURITIES. This will bring down MORTGAGE INTEREST RATES, reduce monthly payments, and make homeownership more affordable.
This is one of many steps I am taking to restore affordability, which the Biden administration completely destroyed. We are bringing back the AMERICAN DREAM that previous administrations ruined.