Peter Schiff Says Donald Trump’s Bitcoin Push Is Hurting The Dollar.
US-based economist Peter Schiff has hit hard at US President Donald Trump for aggressively pursuing a Bitcoin strategy. While Trump is backing Bitcoin in a personal capacity and as president, Schiff theorizes that the US dollar will be the biggest casualty.
Bitcoin Is Harmful To Our Country, Says Peter Schiff
Barely a day after Donald Trump hailed Bitcoin’s impact on the US economy, Peter Schiff has criticized the president’s stance. The economist revealed via an X post that Bitcoin is hurting the US economy by piling significant pressure on the dollar.
Peter Schiff notes that the sale of dollars to buy Bitcoin poses grave dangers to the broader economy, veering from Trump’s position. For the economist, a conversion of USD to Bitcoin will reduce demand for the dollar, potentially affecting its global standing.
Previously, Donald Trump disclosed that Bitcoin is amazing and takes pressure off the dollar, citing jobs and a strong price performance compared to the stock market.
While the federal government has no plans to sell dollars, it intends to fund its Strategic Bitcoin Reserve via criminal and civil forfeiture. However, a raft of states are mirroring the Federal Government to set up their own reserves, empowering them to purchase and hold Bitcoin through capital allocations.
In his personal capacity, Trump Media has raised $2.3B for its Bitcoin treasury operations via a private placement. Peter Schiff may be arguing that the conversion of US dollars raised from stock and convertible notes to Bitcoin is an economic risk.
#BNB Chain will implement the #Maxwell upgrade on June 30, 2025, reducing BSC block times from 1.5 seconds to 0.75 seconds to enhance transaction speed and network responsiveness. The upgrade will also improve validator communication and accelerate block syncing, benefiting users, developers, validators, and node operators
BNB Chain will implement the Maxwell upgrade on June 30, 2025, reducing BSC block times from 1.5 seconds to 0.75 seconds to enhance transaction speed and network responsiveness. The upgrade will also improve validator communication and accelerate block syncing, benefiting users, developers, validators, and node operators.
$BTC $ADA
China's real estate sector is currently experiencing a significant crisis, marked by falling prices, developer defaults, and a decline in consumer confidence. This crisis began in 2021 with Beijing's restrictions on developer debt and has since spread, impacting both the real estate market and the broader Chinese economy.
Key Aspects of the Crisis:
Developer Debt and Defaults:
The crisis stems from years of aggressive borrowing by developers, fueled by government encouragement of property investment. When Beijing implemented restrictions on developer debt, many companies, including major players like Evergrande and Country Garden, struggled to meet their obligations, leading to defaults and a broader crisis of confidence.
Falling Home Prices:
Home prices have been declining, with some estimates indicating a drop of around 30% from their peak in 2021, according to Bloomberg. This decline is impacting household wealth, with estimates suggesting a significant drop in wealth tied to real estate, according to The Economist.
IMPACT ON CRYPTO.....
The impact on cryptocurrency may be dual edged. but as Crypto is already banned in China it may not be significant effects. However the investors who are thinking on new options and getting out their money from the realstate will definitely consider crypto.
Best of luck.
The Infrastructure of Web3 Was Never Silent — You Just Didn't See It
#WalletConnect | $WCT | @WalletConnect
Before the hype…
Before tokens, points, airdrops, or dashboards…
There was WalletConnect — quietly stitching the Web3 world together.
No noise. Just trust. Built into every onchain wallet and app you’ve used.
From MetaMask to Uniswap, from OpenSea to Lens — connect wallet?
You’ve seen that blue logo.
But here’s what nobody told you:
That quiet tech just became a voice for the people.
$WCT is here.
Not a meme. Not vaporware. A governance-powered, utility-layer token for one of Web3’s most trusted rails.
Staked it today through staking.walletconnect.network — the process was smooth, fast, and honestly?
Felt like I just claimed a piece of Web3 history.
This isn’t just another protocol launching a token.
This is the awakening of the silent backbone.
If you’ve ever clicked “Connect Wallet,”
You’ve already been using WalletConnect.
Now it’s your turn to own a piece of it.
Don’t just speculate. Stake.
Don’t just watch. Participate.
Don’t just post. Connect.
Let me know if you’ve staked your $WCT.
Let’s build this future together — the quiet giants are rising.
#WCTKING #WCTonLaunchpool #WCTAIRDROP
$PROM 🔥💯
{spot}(PROMUSDT)
/USDT Technical Analysis
Current Price: $5.37
24h Change: +11.38%
PROM is showing strong bullish momentum, bouncing from the recent low of $4.81 and currently trading near $5.37, with a 24h high of $5.45. Rising volume (PROM: 332K, USDT: 1.71M) supports the uptrend.
Entry Level: $5.35 – $5.40
Target 🎯 1: $5.60
Target 🎯 2: $5.90
Stop Loss: $5.08
Indicators Insight:
RSI: Trending upward, indicating strong buying pressure
MACD: Bullish crossover forming
Bollinger Bands: Price testing upper band, suggesting continuation if volume sustains
Volume: Rising, confirming the trend
If PROM holds above $5.30, we may see a breakout towards higher resistance zones.
#Binance #PROM #CryptoTrading
👁️ Vitalik Buterin warns: Digital IDs like Sam Altman’s #Worldcoin could kill pseudonymity online.
While projects like $WLD use ZK-proofs to verify humans without exposing private data, Buterin says “one-ID-per-person” systems still risk forcing all activity under a single, traceable identity — a threat to privacy, especially in crypto.
Instead, he proposes a decentralized, pluralistic identity model where no single entity controls digital IDs.
The battle between privacy, identity, and AI manipulation is heating up. 🔥
#PEPE (PEPE) TO SOAR HIGHER?
Pepe (PEPE) is showing promising signs of a potential surge, with several factors contributing to its bullish outlook. Let's break down the key points :
Recent Price Action: PEPE's price has jumped 9.23% in the past 24 hours, with trading volume surging over $1 billion, indicating strong buying interest.
Bullish Futures Sentiment: Futures data shows a distinct bullish tilt, with over 51% of trades favoring long positions, and a long-to-short trading volume ratio of 1.06.
Accumulation by Long-term Holders: $6 million worth of PEPE has been accumulated by long-term holders, reducing liquid supply and potentially driving up demand.
Technical Indicators: The Relative Strength Index (RSI) is currently neutral at 52, while the MACD shows steadily increasing momentum readings, suggesting potential for further growth.
Potential Price Targets:
Short-term Target: $0.0000138, representing an 18% increase from current levels.
Mid-term Targets: $0.000017, $0.00002, and $0.000045, based on technical resistance levels and analyst predictions.
Long-term Prediction: Some analysts forecast PEPE reaching $1 by 2030, although this seems unlikely given the enormous growth required.
Key Resistance Levels:
- $0.00000900: A critical resistance level that PEPE has rejected, but still shows potential for an uptrend.
- $0.000015: A key resistance level that, if broken, could open the way for PEPE to test higher resistance levels.
Market Sentiment:
- Growing Interest: PEPE's price surge has attracted renewed interest, with traders closely monitoring the breakout potential above key resistance levels.
-Speculative Interest: Market optimism has increased, helping to support meme coins like PEPE in the current market environment .#NODEBinanceTGE #TrumptaxCuts #PEPE $PEPE
The Bitcoin Bull Run Reloaded
Bitcoin’s next bull run isn’t being driven by hype - it’s being fueled by structural shifts in monetary policy, regulatory tone, and government participation.
First, the Federal Reserve. After months of hawkish positioning, top Fed officials are signaling rate cuts as early as July. With inflation easing and labor market growth slowing, the Fed now has room to stimulate. For Bitcoin, which thrives in low-rate, high-liquidity environments, that’s a green light.
At the same time, Texas has taken a historic step by passing legislation to build a strategic Bitcoin reserve, committing $10 million annually to BTC purchases. This isn’t about confiscated crypto or passive holdings - this is intentional accumulation by a U.S. state. It’s a clear signal that Bitcoin is being treated as a long-term reserve asset, not just a speculative instrument.
Then comes the regulatory shift. The Federal Reserve has officially removed “reputational risk” as a supervisory concern in banking oversight. In the past, this vague designation discouraged banks from dealing with Bitcoin. Now, that stigma is gone. Banks can assess crypto exposure based on financial risk, not optics. The result? An open path for institutional adoption.
Combine these three developments - rate cuts, state-level buying, and regulatory clarity - and Bitcoin finds itself in its most bullish structural position in years. Add stabilizing oil prices, cooling inflation, and rising institutional demand, and the backdrop looks even stronger.
We’re entering a new phase. Bitcoin isn’t just being speculated on - it’s being absorbed into the financial system. Through policy, through law, and through balance sheets.
This is more than momentum. It’s foundation.
And the next leg of Bitcoin’s rise may not be a cycle - it may be a shift.