Alibaba Buys Ethereum
Yunfeng Financial, a Hong Kong-based company linked to Alibaba co-founder Jack Ma, has purchased 10,000 ETH for $44 million.
Treasury Secretary Scott Bessent will begin interviews with candidates for the next Chair of the Federal Reserve on Friday, according to WSJ.
Trump stated that there will be an "emergency meeting" today regarding the tariff decision.
Ray Dalio says:
"Cryptocurrency is now an alternative currency with a limited supply, so, all else being equal, if the supply of dollars increases and/or the demand for them decreases, this will likely make crypto an attractive alternative currency."
