Washington Said the Quiet Part Out Loud
The US national debt just surpassed GDP for the first time since World War II. The same week, the White House said a big announcement on the Strategic Bitcoin Reserve is coming within weeks, and two senior cabinet officials testified that Bitcoin is a tool of American power projection. Tether announced a merger that would create a new publicly listed Bitcoin company backed by mining, payments, and Tether's own balance sheet. Bitcoin closed the week above $78,000.