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Ricky Lew Private ID: 104475682
迈向时间自由,开拓人生视野。
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    US dollar stable coin BOOST DEMAND for US government bonds and help USA keep up with China.
    US Stable coin
    PBS interviews Marquette University Professor David Krause about the Wisconsin pension fund buying $168 million of BTC spot ETF.
    #Bitcoin   
    Recently, many countries have been busy with general elections. India's general election will take more than a month due to its large population. The US is also in the November election this year, but Trump has been charged with as many as 34 charges, and Trump may even be sentenced to prison. Recently, Iceland, the country with the highest level of gender equality in the world, has elected a female president. Mexico also announced a female president, but as many as 31 candidates were murdered during the election campaign. For Mexico, it was the most violent general election in history.
    Translated
    According to X platform Hold15Capital, the global Bitcoin ETF holdings have reached a record high of more than 1 million. It is worth over $68.5 billion.
    With the rise of global Bitcoin ETFs, the number of Bitcoin holders increased by more than 30 cents in 2024 compared to 2023, reaching 560 million people.
    Translated
    Global Bitcoin ETF holds 1 million
    Global Bitcoin ETF holds 1 million
    1
    US: Holds 213,246 bitcoins, current value $13.58 billion China: Holds 190,000 bitcoins, current value $12.1 billion
    UK: Holds 61,000 bitcoins, now worth $3.8 billion
    Germany: Holds 50,000 bitcoins with a current value of $3.18 billion
    Ukraine: Holds 46,351 bitcoins with a current value of $2.95 billion
    El Salvador: Holds 5,702 bitcoins with a current value of $363 million
    Bhutan: Holds 621 bitcoins, currently worth $39.55 million
    Venezuela: Holds 240 bitcoins with a current value of 15.29 million US dollars
    Finland: Holds 90 bitcoins, now worth $5.73 million
    Georgia: Holds 66 bitcoins, now worth $4.2 million
    #BTC #IBIT
    Translated
    Recently, I watched the third season of my favorite car anchor Jeremy Clarkson's latest show, Clarkson's Farm. Very humorous and funny, but I also saw the challenges of farming, especially the erratic weather, which was unavoidable. Agricultural products are affected by climate change, and prices have risen accordingly.
    Bill Gates also bought a large plot of land a few years ago to start planting. He is now the largest owner of farmland in the US. He has 270,000 acres of farmland, all growing agricultural products such as soybeans and corn.
    During his visit to Guangdong in April of this year, Xi Jinping said, “To solve the problem of eating well and ensure food security, we must establish a big food concept. We need food not only from the land, but also from the ocean, cultivate marine animal husbandry and fishing, and build marine ranches and 'blue granators'.” Last month, during his visit to Hunan, Xi Jinping also emphasized: “Adhere to the concept of big agriculture and big food, actively develop specialty agriculture and agricultural product processing industries, and raise the level of agricultural industrialization.”
    So bad weather caused by climate change is increasing inflationary food prices. Also, two years ago, the war between Russia and Ukraine caused the world's granaries to immediately disrupt the production and supply of food. Does Bill Gates' recent investment, Xi Da Da's vision, see a food crisis in the near future?
    #气候 #DBA
    foodstuffs
    Translated
    Climate change, driving up food prices, food crisis
    Climate change, driving up food prices, food crisis
    Climate change, driving up food prices, food crisis
    🇺🇸 BlackRock and Fidelity now own a combined 451,338 #BTC worth $30.9 billion for their spot #Bitcoin ETFs.   
    These ETFs now hold 236,938 more bitcoin than MicroStrategy .
    Fear or Greed ?
    Bitcoin Fear & Greed Index 🤔
    Bitcoin Fear & Greed Index 🤔
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    China set up a third fund to inject US$47.5 billion to boost the semiconductor industry. China has established a third national semiconductor fund with a total value of US$47.5 billion to promote the development of its semiconductor industry. This move is part of the Chinese government's efforts to reduce dependence on foreign technology and enhance domestic chip manufacturing capabilities. The new fund will mainly be used to support companies in the fields of semiconductor materials, devices, and chip design. Previously, China had established two similar funds, totaling US$13.8 billion and US$29 billion in 2014 and 2019, respectively.
    Countries such as the US and the European Union have also invested nearly 81 billion US dollars (about 590 billion yuan) to produce next-generation semiconductors, and the global rivalry with China for chip dominance is on the rise.
    Chinese companies have strong execution capabilities, and they will definitely upgrade technology and quantify production in the later stages.
    The development of semiconductors will definitely be booming in the future, and the possibility that mass production worsens will cause companies to lose money or profit margins.
    Translated
    China has set up another large fund with a scale of more than 340 billion yuan to support semiconductors
    Former President Donald J. Trump says if he’s elected, he will ensure that the future of Crypto and Bitcoin $BTC will be made in the USA!
    Ban CBDC and Protect Bitcoin
    Donald Trump Pledges to Protect The Right to Self Custody Bitcoin, Free Ross Ulbricht & Ban CBDC's.
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    "PIPER SANDLER RULE" has correctly forecasted all Recessions since 1940s.
    And now we have a #Recession signal.
    The Labour Market - and hence the Real Economy is slowly deteriorating due to high Interest Payments. The consumer is struggling.
    The Economy will fall into a Recession - and it will be severe - incl. Banking/Pension Fund Crisis.
    No - the Fed or Liquidity cannot save us. This is about the REAL ECONOMY.
    Forget chit chat on "Higher for Longer" or "Fed will not allow...
    Recession right ahead