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🚨INDIAN M2 MONEY SUPPLY GLITCH CORRECTED
MACRO UPDATE AS OF APRIL 28
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🚨🇺🇸 ARIZONA #BITCOIN & #DIGITALASSETS UPDATE: VETO LIKELY FOR SB 1373. 🔹Governor Katie Hobbs (@katiehobbs) has not confirmed if she will sign or veto SB 1373. Current Veto Context: 🔹Hobbs declared a bill moratorium on April 17, 2025, vowing to veto all bills until funding is secured for the Division of Developmental Disabilities (supports ~60,000 Arizonans). 🔹As of April 28, 2025, the funding impasse continues. 🔹Hobbs has vetoed 15 bills in the past week alone — even ones she may have otherwise supported. 🔹Implication: Without a breakthrough on disability funding, SB 1373 likely faces a veto. $BTC $ETH $XRP
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🚨🇺🇸 ARIZONA #PASSES SB 1025 & SB 1371 — AWAITS #GOVERNOR 'S DECISION 🔹SB 1025: Public Monies; Investment in Virtual Currency 🔹SB 1371: Creation of a Digital Assets Strategic Reserve Fund 🔹Bills passed final House vote, now head to Governor Katie Hobbs (@katiehobbs). Governor's Options: 🔹Sign: Arizona would be the first U.S. state to invest up to 10% of public funds in Bitcoin. 🔹Veto: Hobbs has vetoed crypto bills before, citing financial risks and volatility concerns. 🔹No Action: Bills become law automatically after five days (excluding Sundays). 🔹Critics warn Bitcoin’s volatility could risk taxpayer funds. Supporters argue it would strategically diversify Arizona's holdings. $BTC $ETH $XRP
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🚨🇺🇸 TRUMP COINS #CREDIT GOLD RALLY TO TRUMP — EXPERTS DISAGREE 🔹Trump #Coins claims soaring gold prices are due to Trump's return and "strong U.S. leadership." 🔹Experts say the real driver is economic uncertainty caused by Trump's tariff policies, not confidence. 🔹Gold prices hit a record $3,500/oz post-Trump’s "Liberation Day" tariff announcement. 🔹Markets tumble, IMF warns of worsened global growth from trade tensions. 🔹Trump's "Victory Gold Medallion" sells for $4,628, about $1,300 higher than gold’s spot price. 🔹Experts advise traditional gold ETFs over hard-to-sell Trump-branded coins. - ABC News
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🚨🇺🇸 #SENATORS PRESS $TRUMP ON MEMECOIN CONCERNS 🔹Senators Elizabeth Warren (D-MA) and Adam Schiff (D-CA) demand answers from the US Office of Government Ethics regarding Trump's memecoin (TRUMP) and its potential to influence policy. 🔹Concerns raised over possible foreign interference, with fears of bribery and violations of ethics laws (including emoluments clauses). 🔹The two senators are concerned about Trump's business ventures offering exclusive access to the presidency in exchange for investments, including a dinner with top TRUMP token holders. 🔹Trump's media company also faces scrutiny from the SEC, with Warren urging the commission to ensure no political influence on its oversight.
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A mixed close to the day for the Magnificent 7 🟢🟢🟢🔴🔴🔴🔴$BTC $ETH $XRP
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