BREAKING:
FED, FDIC AND OCC ISSUE JOINT STATEMENT ON CRYPTO CUSTODY.
US BANK REGULATORS PROVIDE BLUEPRINT FOR LENDERS HOLDING CRYPTO.
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FED, FDIC AND OCC ISSUE JOINT STATEMENT ON CRYPTO CUSTODY.
US BANK REGULATORS PROVIDE BLUEPRINT FOR LENDERS HOLDING CRYPTO.
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JUST IN - A new generation of 'Super Drones' is transforming war and industry, with sizes as small as a mosquito, speeds of up to 300 mph, intelligent 'swarms' working together without pilots, hi-tech 'cloaking' capabilities and single craft able to both fly and swim, experts told the Daily Mail.
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US equity ownership is heavily skewed toward older generations:
Baby Boomers now hold 54% of all US corporate equities and mutual fund shares, down only slightly from 57% in Q1 2020.
By comparison, Millennials own just 8% of all equities, up from ~2% in 2020.
Gen X accounts for 22%, roughly unchanged over the same period.
Meanwhile, the Silent Generation still holds 16%, experiencing a decline from 19% seen 5 years ago.
In other words, ~70% of all equities remain in the hands of Americans born before 1965.
The generational wealth divide is massive.
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Baby Boomers now hold 54% of all US corporate equities and mutual fund shares, down only slightly from 57% in Q1 2020.
By comparison, Millennials own just 8% of all equities, up from ~2% in 2020.
Gen X accounts for 22%, roughly unchanged over the same period.
Meanwhile, the Silent Generation still holds 16%, experiencing a decline from 19% seen 5 years ago.
In other words, ~70% of all equities remain in the hands of Americans born before 1965.
The generational wealth divide is massive.
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Retail investors haven’t shown up yet.
Historically, Bitcoin only peaks once retail interest goes parabolic.
Will this time be different ?
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Historically, Bitcoin only peaks once retail interest goes parabolic.
Will this time be different ?
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JUST IN - U.S. DoD awards xAI and Grok a $200 million contract to "modernize" the Defense Department
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The US Dollar remains the most dominant global currency:
The US Dollar's share of global payments is now at 48%, the highest in 13 years, according to SWIFT data.
This percentage is TWICE as large as the Euro and 16 times higher than the Chinese Yuan.
The US Dollar is also involved in 88% of all foreign exchange (FX) transactions globally, making it the most liquid and accessible currency in the world.
Furthermore, USD now accounts for ~58% of all FX reserves, nearly TRIPLE the Euro and gold.
The US Dollar's also accounts for 47% of cross-border lending, far above the Euro’s 30%.
The Dollar's supremacy remains unchallenged.
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The US Dollar's share of global payments is now at 48%, the highest in 13 years, according to SWIFT data.
This percentage is TWICE as large as the Euro and 16 times higher than the Chinese Yuan.
The US Dollar is also involved in 88% of all foreign exchange (FX) transactions globally, making it the most liquid and accessible currency in the world.
Furthermore, USD now accounts for ~58% of all FX reserves, nearly TRIPLE the Euro and gold.
The US Dollar's also accounts for 47% of cross-border lending, far above the Euro’s 30%.
The Dollar's supremacy remains unchallenged.
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Omar Fateh is a socialist running to be the mayor of Minneapolis. He says his goal is infiltrate the gov to enrich the Somalis:
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