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Pi Coin price action has been brutal, but subtle bullish signals from money flow and momentum hint that a short-term rebound may be on the way.
Share link:In this post: Apple is expanding iPhone 17 production across five factories in India, including Tata and Foxconn sites. Trump raised tariffs on Indian imports to 50% and warned of 100% secondary tariffs over Russian oil ties. India is under U.S. pressure to buy and resell discounted Russian oil during the Ukraine war.
Share link:In this post: The White House has joined TikTok, even though the app could be banned in the U.S. later this year. Trump is using the app to share policies and reach young voters. TikTok faces lawsuits and security concerns over data privacy and its effect on teens.
Share link:In this post: Paul Atkins says the SEC will launch the President’s Digital Assets Group soon. The plan follows the White House roadmap on crypto rules. The move shows the US wants to lead in digital assets.
Trump: Pump the Coin, Dump the Stock
Bailey's goal is to establish a Bitcoin Treasury Company network in the global capital markets, ultimately holding 1 million BTC, representing nearly 5% of the total Bitcoin supply.
- 18:00Federal Reserve officials express caution on rate cuts, emphasizing inflation risksAccording to ChainCatcher, citing Jinse Finance, four Federal Reserve officials have expressed concerns about the possibility of a rate cut this week and another cut in December. Kansas City Fed President Schmid opposed a 25 basis point rate cut, citing concerns about sticky inflation. Cleveland Fed President Harker and Dallas Fed President Logan also indicated that they would oppose a rate cut if they had voting rights, with Harker emphasizing the need to maintain restrictive policy to curb inflation. Atlanta Fed President Bostic supports a rate cut but pointed out that it is necessary to ensure the policy stance remains relatively tight.
- 17:30The Federal Reserve's reverse repo operations accepted 25 counterparties, with a total amount reaching $51.802 billion.According to ChainCatcher, citing Jinse Finance, the Federal Reserve accepted a total of 25 counterparties in its fixed-rate reverse repurchase operations, with the total amount reaching $5.1802 billion.
- 17:29The US Department of Defense approves providing Ukraine with long-range Tomahawk missiles, final decision handed over to TrumpJinse Finance reported, citing CNN, that three well-informed US and European officials revealed that the Pentagon has assessed that providing Ukraine with long-range Tomahawk missiles would not weaken the US military’s active stockpiles, and has given the green light to the White House, leaving the final political decision to US President Trump. Earlier this month, during a working lunch at the White House with Ukrainian President Zelensky, Trump explicitly stated his reluctance to provide the missile, saying “we cannot give up the weapons reserves needed to defend our own country.” The Joint Chiefs of Staff submitted an assessment report to the White House earlier this month, coinciding with Zelensky’s ongoing lobbying to obtain the missile—Ukraine hopes to use its approximately 1,600-kilometer range to more effectively strike deep Russian energy facilities. Two European officials pointed out that this assessment has encouraged European allies, who believe the US now lacks a legitimate reason to refuse providing the missiles. Notably, just days before meeting with Zelensky, Trump publicly stated that the US “has a large number of Tomahawk missiles available to provide to Ukraine.”