Author: RedWave Media
Cryptocurrency investments may allow low-income Americans to buy homes at higher interest rates than other citizens, according to a paper released Tuesday by the U.S. Treasury Department's Bureau of Financial Research.According to a study conducted by the Treasury Department's independent arm that probes the economic crisis in the United States, increased investment in cryptocurrencies in recent years has led to a notable increase in debt, particularly mortgages, being sought in areas with the highest levels of digital asset activity. Accompanied. Researchers were looking for evidence that such financial strains could be dangerous to U.S. stability, but so far they have…
AP image Eric Burlison Rep. Eric Burleson (R-Missouri) announced plans last week to revive and reintroduce former Rep. Matt Gaetz's Repeal of the ATF Act following his re-election to a second term in the upcoming Congress. Burlison said, “In January, I will be introducing the bill proposed by Matt Gaetz to repeal the ATF. … ATF has been a disaster for the American people and their God-given Second Amendment rights. Absolutely. It should be abolished.”abolish NFAWithin days of being sworn into the House of Representatives in January 2023, Burleson made his true intentions clear. His first act was to…
AP image robert holden New York City Queens City Councilman Robert Holden is calling on New York City Mayor Eric Adams and state officials to repeal the Sanctuary Cities Act, which allows illegal immigrants to remain here without interference from law enforcement. are. Mr. Holden, a Democrat, sent a letter to Mr. Adams and state officials demanding that they begin enforcing federal immigration laws regardless of local sanctuary laws.This summer, Holden co-sponsored a bill with Sen. Joe Borelli (R-Staten Island) to repeal sanctuary laws at the local and state level, but the bill stalled without support from other Democrats.…
by paul drag November 26, 2024 (November 26, 2024) Podcast: Play in new window | Download (Duration: 1:02:42 — 57.4MB)Subscribe: Android | |MoreDonald Trump has not yet taken office and deportations have not yet begun, but Democrats have already vowed to work to help those living in the country illegally. Continued resistance to one of President Trump's most important campaign promises has prompted incoming border kingpin Tom Homan to threaten Democrats where it hurts: their coffers. Will it work?This episode also includes:Are NATO globalists retreating from the international economy? Now that Russia…
AP image In a series of recent statements, President-elect Donald Trump announced plans to impose steep tariffs on imports from Mexico, Canada and China, citing concerns about illegal immigration and drug trafficking. These measures are scheduled to take effect upon the president's inauguration on January 20, 2025.mexico and canadaPresident Trump announced on his social media platform TruthSocial on Monday that he intends to sign an executive order that would impose a 25% tariff on “all products” imported from Mexico and Canada. He blamed the decision on the “invasion” of illegal immigrants and drugs flowing into the United States…
Morocco is drafting new crypto regulations to lift its 2017 ban on digital assets. Morocco's central bank is considering creating a central bank digital currency (CBDC). Looking at global trends, we see more countries moving towards cryptocurrency regulation, such as the UK and the EU. Morocco is reconsidering its position on cryptocurrencies, with plans to repeal its 2017 ban on digital assets and introduce a comprehensive regulatory framework. Morocco's central bank, Al Maghrib Bank, is currently drafting a new bill aimed at regulating digital currencies, signaling a significant change in the government's approach to cryptocurrencies. Central Bank Governor Abdellatif Jouari…
According to a new study released by the Financial Conduct Authority (FCA) on November 26, ownership of cryptocurrencies in the UK has increased from 10% to 12% of adults. Awareness of virtual currencies has also increased, reaching 93% of the adult population.The FCA research revealed that the average amount of crypto holdings per person increased from £1,595 to £1,842. For those who have never purchased a digital asset, family and friends emerged as the most common source of information, but only one in 10 buyers admitted they did not do research before investing.Around a third of respondents believe they can…
Ethereum has seen a surge in usage of “blobs”, an effective data management tool introduced earlier this year, and more users are looking to use Layer 2 scaling solutions for faster and more affordable transactions. It shows that you are hiring.According to pseudonymous data analyst Hildby's Dune Analytics dashboard, the number of blobs or binary large objects posted to Ethereum has consistently averaged over 21,000 this month, and the number has increased since March. Matches recorded activity.Ethereum's Dencun upgrade, which went live earlier this year, introduced blobs that attach large chunks of data to regular transactions, allowing data to be…
US Bitcoin mining operations are facing significant delays after Customs and Border Protection (CBP) held shipments of Bitmain Antminer devices at multiple ports of entry, Blockspace said. Reported on November 25th.The detained equipment includes Bitmain's S21 and T21 application-specific integrated circuits (ASICs), which are essential for Bitcoin mining.Some mining companies have reported waiting up to two months for equipment to arrive, and one company said holding fees for 200 units exceeded $200,000.CBP is reportedly acting at the request of the Federal Communications Commission (FCC), but the exact reason for the enforcement action remains unclear.national security concernsThe delay appears to be…
AP image james carville Democratic political strategist James Carville once again blamed the Democratic Party on November 5 for its crushing loss to President-elect Donald Trump and the Republican Party.The former congressman said on Joe Scarborough's “Morning Joe” show that the party has lost people. They are no longer willing to vote for the party, largely because of the problems Carville highlighted in March. The party has become feminized, with too many preachy women.But Mr Carville has been calling on the party to end its radical far-left messages since at least 2022.Diagnosis: The party of petticoat tyrants is not…
