One of Trump’s main goals this term has been to reshore manufacturing, and for that he needs to significantly devalue the dollar.
Against other currencies, against home prices, against stocks, against gold and other commodities, against anything.
Viewed through this lens, it explains many of the actions he’s taken over the past year, including establishing a Strategic Bitcoin Reserve.
Not to mention that currency devaluation will also help alleviate the debt crisis.
And what’s more, China is doing the same playbook by trying to devalue the CNY, but mostly through gold.

BREAKING: President Trump says he wants to "drive housing prices up for people who own their homes."
"For people that own their homes, we are going to keep them wealthy," Trump says.

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Ho Chi Minh City is officially entering a new phase in its digital finance development strategy as the Ho Chi Minh City Digital Asset Investment Fund is launched with the ambition to reach a scale of 1 billion USD in subsequent phases...

Ho Chi Minh City launches a $1 billion Digital Asset Fund, aiming to become a "financial hub" for investors.

Author: Xie Zhaoqing, Tencent Finance "Deep Dive" The cryptocurrency market has given back all the gains brought by Trump's inauguration, experiencing an epic crash that has brought back the word "risk," temporarily forgotten by greed, to stare at all investors with its most menacing face.

Over the past week, Bitcoin experienced its biggest weekly drop in three years. February 5th was an unexpected day for crypto market investors: Bitcoin fell by 13%, marking its largest single-day drop since June 2022, and briefly dipped below $61,000 in the early hours of February 6th.

In this sharp correction...

Cryptocurrency Crash: Veteran Crypto Yi Lihua Loses $700 Million in a Week

Original article | Odaily Odaily(@OdailyChina)
Author｜Azuma (@azuma_eth)
In 2014, CZ, who had only been exposed to the concept of cryptocurrency for a year, made the most daring investment of his life—selling his apartment in Shanghai and "All In" on about 1,500 BTC for a three-figure price. Twelve years later, if CZ had never sold, this investment would have brought in a substantial profit of hundreds of millions of dollars (peak return of about $189 million).
Compared to the later establishment of Bina...