Gold Keeps Hitting Record Highs. Are You Prepared?
The world order is shifting, trade wars are pending, inflation is still running hot, and smart investors are turning to gold. Protect your wealth before it’s too late.
5. Javier Milei Backtracks on $4.4B Memecoin After 'Insiders' Cash Out $107 million
Argentina's president Javier Milei has backtracked on a since-deleted tweet promoting a memecoin dubbed $LIBRA, which rose to a $4.4 billion market cap. However, mere hours after the token's rise, 8 wallets related to the $LIBRA team cashed out $107 million, sparking a 95% crash in the token's market cap and accusations of an insider rug pull.
4. Abu Dhabi’s Sovereign Wealth Buys $461 Million Bitcoin
Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, has emerged as one of the largest institutional investors in BlackRock’s iShares Bitcoin Trust (IBIT). The buys occurred in Q4’24 so it is quite possible Mubadala has continued buying in Q1 of this year.
Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, is now the 7th largest known holder of @BlackRock's Bitcoin ETF ( $IBIT) at $461.23 million
— #James Seyffart (#@JSeyff)
7:43 PM • Feb 14, 2025
3. Blockchain•com Takes Step Towards IPO
The crypto exchange has hired the former head of crypto investment banking at Goldman Sachs (who helped Coinbase go public), to serve as the company’s new CFO. The move comes amid a flurry of other crypto firms reported to be considering going public, including Circle, Kraken, Bullish, Gemini, Ripple and BitGo. Blockchain most recently raised money at a rumored $4 billion valuation in 2023.
2. Fold Debuting on Nasdaq
Bitcoin startup Fold just closed its SPAC merger with FTAC Emerald and will list on Nasdaq under “FLD” tomorrow. Since launching in 2019, it’s expanded to offer BTC custody and trading, debit and credit cards, and other personal finance tools all linked to a mega bitcoin rewards network. Going public means they’re doubling down on all that. The company has also made it loud and clear that they have bitcoin on the balance sheet, with already over 1,000 BTC in reserves.
Fold makes history tomorrow— debuting on Nasdaq as the first Bitcoin financial services company to go public and one of the world's top 25 Bitcoin treasuries.
— #WILL REEVES (#@wlrvs)
2:44 PM • Feb 18, 2025
1. Audit Fort Knox
Is America’s gold stash actually there? Rumors have swirled for years that the 4,580 metric tons ($425 billion) that the US owns in gold might have been sold off long ago. The last 'audit' was conducted in 1974, when the US Treasury opened just one of its 15 vaults… Now Rand Paul and Elon Musk want to confirm it is actually there. Regardless of if the gold is there or not, the mere fact that people are so passionately debating means that bitcoin has already won.
Gold missing from Fort Knox?
Elon Musk: USA is going "bankrupt" unless we do this now
After years of inflation and a cost of living crisis... you might expect big "reforms" to the dollar from DOGE, or Trump's White House.
But right now... something very different is going on. And it's not happening at DOGE or the federal government at all.
Surprising news has just come out of Texas where a radical new development could replace the U.S. dollar altogether – with state support.
