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Bitcoin Nears $100K on Trade Hopes
Powell Warns of Stagflation Risks and OpenAI Launches Global Stargate Initiative
CRYPTO
Bitcoin Nears $100K on Trade Hopes
Bitcoin surged toward $100,000 early Thursday following President Trump’s announcement of an upcoming trade deal with a major, unnamed country—rumored to be the U.K. Trump is set to reveal details at a 10 a.m. ET news conference, calling it the “first of many” deals. The rally comes as macroeconomic conditions turn favorable: bond yields are falling, the U.S. dollar is weakening, and institutional investment in spot bitcoin ETFs is rising again.
These trends, combined with easing inflation expectations, have boosted interest in risk-on assets like crypto and tech. Bitcoin is up over 5% in the last 24 hours and has been climbing steadily all week. If the deal includes tariff reductions, it could ease inflation and provide a more supportive environment for crypto markets. The move also reflects political efforts to reduce reliance on China and stimulate domestic manufacturing, which may further influence investor sentiment.
Gold hitting record highs
The price of gold keeps heating up. If the record-breaking year of 2024 wasn't enough, gold hit a major historic 2025 milestone by crossing the $3,000/ounce threshold!
Here are 3 Key Reasons:
Looming economic & political uncertainty
Increasing central bank demand
Rising National Debt - over $36 Trillion
So, could gold surge even higher?
According to a recent statement from Jeffrey Gundlach, famed American business man and investor… “Gold continues its bull market that we’ve been talking about for a couple of years, ever since it was down to $1,800.” He expects gold to reach $4,000/oz.
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FINANCE
Powell Warns of Stagflation Risks
Markets watched closely Wednesday as the Federal Reserve held interest rates steady at 4.25% to 4.5%, signaling caution amid economic uncertainty fueled by President Trump’s aggressive tariff policy. Fed Chair Jerome Powell said the central bank remains patient, waiting to assess the full impact of sweeping import taxes—10% globally and 145% on Chinese goods. The Fed warned of rising risks of stagflation, citing concerns over higher unemployment and inflation.
Stocks initially dipped on the news but recovered, with the S&P 500 gaining 0.43%, the Dow rising 0.70%, and the Nasdaq up 0.27%. Powell dismissed political pressure from Trump, who has publicly attacked him and pushed for rate cuts. Powell emphasized that the Fed will act based only on data and economic conditions. Talks between U.S. and Chinese officials in Switzerland this weekend may influence future policy. For now, the Fed is firmly in wait-and-see mode as trade tensions reshape the outlook.
TECH
OpenAI Launches Global Stargate Initiative
In January, OpenAI CEO Sam Altman stood with President Trump, SoftBank, and Oracle to unveil a $500 million U.S. data center project called Stargate. While its first site in Abilene, Texas remains under construction, OpenAI is now launching a global version of the initiative. Called OpenAI for Countries, the plan aims to build data infrastructure and AI models tailored to local languages and cultures, while promoting what it calls “democratic AI.”
The move positions OpenAI as a key soft power tool in the U.S. geopolitical race against China, whose open-source AI models like DeepSeek are gaining traction globally. The company will partner with governments to launch local AI startup funds and provide access to its most advanced technology, raising questions about digital sovereignty, surveillance, and human rights. While the project aligns with Trump’s push for U.S. AI dominance, critics note that nations adopting Stargate may need to align with U.S. policies to gain access.
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.