🔥 BULLISH: Ray Dalio says gold and non-fiat currencies will strengthen as US debt surges, per CNBC. https://t.co/wPuvcJfrtF ...

AustralianSuper CIO Mark Delaney says he's unfazed by Trump's Fed attacks and the mounting US debt pile. Read today's Australia Briefing for your daily dose of the best of Bloomberg from Down Under and around the world. https://t.co/U6xOYS3dFD ...

Ray Dalio says soaring US debt threatens dollar, fueling demand for crypto and gold as alternatives https://t.co/ox7Jq5yajZ ...

🚨JUST IN: US TREASURY SECRETARY, BESSENT, DISCLOSES PLANS TO UTILIZE TARIFF REVENUE TO REDUCE THE US DEBT ~ WATCHERGURU ...

JUST IN: 🇺🇸 Treasury Secretary Bessent says will use tariff revenue to pay down US debt. ...

NEW: 🚨 Jim Cramer recommends on CNBC to "buy some bitcoin" and "buy some ETH" as a hedge against US debt. https://t.co/i6QNNH8PF4 ...

Why don't we talk a little bit about where the markets stand overall right now. Because we're looking at both the S&P 500, the NASDAQ, and the NASDAQ 100, all closing at new highs again on Friday. It's the best quarter uh for technology since the second quarter of 2020.What's happening, and how do you see this playing out. Well, this is still the most hated V-shaped rally. And it of course has a lot to do with when stock stocks fell in a waterfall decline into April.Nobody likes to be sitting on stock. So a ...

Market Trends & Debt Concerns - The US debt situation is ballooning, raising concerns about the US dollar's status as the world's reserve currency [1][3] - Global debt is also a significant concern, potentially leading to a shift towards Bitcoin [1] - Rising US debt is coinciding with all-time highs in Bitcoin prices [6] - A debt-to-GDP ratio of 150%-200% in other countries has historically led to economic instability [18] Bitcoin as an Alternative & Investment - Bitcoin is presented as a potential solution to survive the global debt crisis and potentially profit from it [2] - Coinbase CEO suggests acquiring at least 0.1% of Bitcoin [2] - The retail investor is looking for the next catalyst in Bitcoin [6] - The average person is seeking alternatives to traditional currency due to distrust in its value, with Bitcoin being a prominent answer [8] Institutional & Corporate Adoption of Bitcoin - Institutional ownership and corporate adoption are driving Bitcoin's rally [10] - The number of Bitcoin held by public companies has grown by more than 30% [10] - Corporations are increasingly using Bitcoin as a long-term asset on their balance sheets [15] - Corporations adopting Bitcoin need a proven playbook for custody and other aspects [12] Bitcoin Price Predictions & Future Outlook - Bitcoin could reach the high $100,000 range, with some predictions suggesting $150,000 or even $225,000-$250,000 [6][14][15] - A large structural bid from corporations buying and holding Bitcoin is creating an inelastic supply, potentially leading to explosive price increases [15][16] - Increased adoption of Bitcoin would benefit companies like Coinbase [22]

Market Trends & Potential Risks - Bitcoin could become the world's reserve currency due to the US debt situation [1] - All-time highs in US debt are coinciding with all-time highs in Bitcoin [4] - US government needs to control spending to preserve the American experiment [6] Coinbase Products & Services - Coinbase is moving into financial services like payments, borrowing, and lending, aiming to replace people's bank accounts [10] - Coinbase Business was announced for startups and medium-sized businesses to manage finances and payments [14][15] - Partnership with Shopify to power USDC payments for Shopify merchants and an AMEX Bitcoin card were announced [16] - Coinbase has launched a credit card with AMEX and a debit card with Visa [18] Regulatory Landscape - Regulation will be a huge boon for crypto, and Coinbase is actively working to get legislation passed [26] - The Stablecoin Act, the Genius Act, and the Clarity Act need to be passed into law [27] Partnerships & Investments - Coinbase is an equity holder and the largest distribution partner for Circle (USDC) with a substantial economic arrangement [19][20] - Coinbase would consider buying Circle if they were interested [22] Company Performance & Strategy - S&P 500 index inclusion has made Coinbase's stock less volatile [23][24] - Coinbase is shipping product at a startup pace [17]

US Economic & Political Shifts - The US administration has undermined trust by abandoning trade agreements and rule of law, leading to erratic and unpredictable governance [7][8] - The abandonment of the "most favored nation" principle in international trade signals a disregard for past agreements [9][10] - The US is behaving like an arbitrary despot, undermining the ability of businesses and individuals to plan [14][16] - The US is becoming increasingly unreliable compared to other economic superpowers like the EU and China [35][37] Trade & Tariffs - The US has blown up the international trading system, exemplified by doubling the tariff on steel from 25% to 50% [29] - The invocation of the national security clause (Section 232) to justify tariffs is seen as a veneer of legality [30] - Unpredictable tariff rates create uncertainty for businesses, potentially leading to investment paralysis [31][32] Corruption & Influence - The US is perceived to have abandoned anti-corruption efforts, setting a bad example for other governments [40][41] - The presidency appears to be "for sale," potentially altering the nature of successful business leadership [44] - Bribing people in power may become a way to get business in America, disadvantaging countries with rule of law [45] Financial System Risks - Suggestions of converting American debt into ultra-long-term debt (century bonds) are viewed as a potential default [47][48] - The reliability of US debt is being questioned, potentially leading to a world system without a safe asset [53] Assault on Science & Universities - There is a systematic attack on the American scientific system and universities, including foreign students and faculty [59][60] - Restrictions on foreign students and faculty are damaging collaboration between universities and business [62][63] - Hostility to independent thought and science is undermining the factors that made the US successful [66][67]