BREAKING: President Trump officially launches the “Trump Gold Card" and “Trump Platinum Card" which includes:
1. Trump Gold Card: "For a processing fee and, after DHS vetting, a $1 million contribution, receive US residency in record time with the Trump Gold Card."
2. Trump Platinum Card: "For a processing fee and, after DHS vetting, a $5 million contribution, you will have the ability to spend up to 270 days in the United States without being subject to US taxes on non-US income."
Trump says this is a way to "unlock life in America."
✅The key focus as the Fed meets to consider another rate cut this week will be:
🔺Whether Chair Powell can build enough consensus to limit dissent to around two members, similar to the last 25 bps cut. 🔺How many policymakers will “quietly dissent” by projecting a higher year-end policy rate in the quarterly forecasts, even if they don’t formally vote against the decision. 🔺How the Fed shapes expectations for a possible January rate cut – specifically, how strong and credible any hawkish signals can be before the next two data releases, which may or may not change the economic outlook.
CORPORATE INFLOWS ARE ACCELERATING : BUYING EVERY DIP 🚀
Corporate Bitcoin holdings jumped from 197K $BTC to 1.08M $BTC : a ~448% increase since Jan 2023 (Glassnode).
With clarity act and crypto market structure bill the amount of crypto that will get eaten up buy big players will increase tremendously. Any dip is a buying opportunity corporate accumulation is only starting to heat up.
$BTC Took out that $93K-$94K liquidity cluster as mentioned yesterday. This was the most logical place to go from a liquidity perspective.
With that taken out, there's no major area in close proximity. But as price is now consolidating, we can see some clusters building up around the $90K & $95K levels.$BTC