breaking news today for Bitcoin Donald Trump has signed an executive order creating the first ever us strategic Sovereign wealth fund this is an executive order discharges your Secretary of the Treasury uh Scott bessent and your secretary of Commerce Howard lutnick uh to begin a process that will hopefully result in the creation of an American Sovereign wealth fund the two people in charge of this are very Pro Bitcoin and over the next 12 months head of the treasury Scott bessent as well as head of Commerce Howard lutnick will be filling the fund uh Scott maybe you'd
like to say something about it and I'd ask also Howard to say something about it within the next 12 months we are going to uh monetize the asset side of the US balance sheet for the American people we are going to uh put the assets to work and I think uh it's going to be very exciting we're going to study best practices that's done around the world be a combination of liquid assets assets that we have in this country as we work work to bring them uh out for the American people Howard lutnick is an
even bigger bulll I would say I have hundreds of millions of dollars okay okay hundreds and hundreds of millions of dollars uh exposure to bitcoin um and it will be billions and just to be clear this Sovereign us wealth fund will be filled with many different things things equities of us companies investable Assets in general the extraordinary size and scale of the US government and the business it does with companies uh should create value for American citizens if we are going to buy 2 billion covid vaccines maybe we should have some warrants and some equity
in these companies and have that grow for the help of the American people so I bring all these things together looking at the two individuals in Charge Scott bessent as well as caner Fitzgerald CEO Howard lutnick their belief in Bitcoin could not be more clear this interview took place before Howard lutnick was in the Trump Administration before Trump won and before Howard was now in charge what you're going to see is can Fitzgerald is going to be the sponsor of Bitcoin into traditional Finance mhm and so we will be the leader of it and I'll
pull out this podcast in years to come and say see I told you because no one's goingon to remember of course right but all the banks after we do it and show people how to do it right they'll all copy MH and so the asset of Bitcoin will just as it becomes more accepted it will become more valuable and Trump is now actually making this competitive meaning America's Sovereign wealth fund should outperform other nations funds I think in a short period of time we'd have one of the biggest funds and you know some of some
of them are pretty large I must tell you some of the like the Saudi Arabia fund is is on the large side but eventually we'll catch it this to me bodess well that maybe we will get an altcoin digital asset Reserve or xrp or Solana or ethereum or the high cap altcoins will be added to a digital asset strategic Reserve not just Bitcoin this is an ongoing Story the minute I get more information I will make a video I'll keep you updated but really the bigger fear in the short term for all this is tariffs
should we expect a bigger crash let's talk about it but breaking news this just happened this has to be bullish for Solana this is an update from Bloomberg intelligence's James safer to says the CBOE just refiled all of their Solana ETF 19B d4s for Vanek Canary funds bitwise invest and 21 shares meaning the main players who are under consideration for to be able to release a Solana ETF all just refiled there Solan ETFs in unison this is the exact same behavior we saw just before the Bitcoin ETFs were approved for the very first time at
the beginning of 2024 there is now a higher probability now more than ever that a Solana ETF is about to be approved and if you're not staking your Solana and earning interest apy on your Solana what are you doing friendly reminder if you're not staking your soul then you are actively losing money for those of you asking today I want want to recommend something that I'm personally going to be using it's called marinade they're a channel partner they've been around since 2021 been around since 2021 when it launched the first liquid sing Solution on Solana
completely bootst with no wec money but they've just launched their version two which in my opinion is way better and here's how marinade delivers the best apy for your staked soul and first off it should just be noted that marinade is not a single staking Valley Val Ator they're more of an aggregator or a Marketplace they'll find you the best validator marinade connects Soul holders with the best staking rates on Solana I've put a link down below click it follow along with me and point number one on how marinate is different why I think this
makes them better number one they're non-custodial you keep full custody of your soul or instantly access the largest liquidity on the market with MSO so this addresses smart contract risk V2 Sol that so starting with smart contct risk marinade V2 introduces a new product called marinade native which is completely nonodi so this is non-custodial and has many different security audits also protected staking rewards which is huge this covers validator downtime and commission changes protects the Staker protect staking rewards is this new thing that we introducing you can think of it like an insurance for your
staking rewards so if you're staking to a Valor expecting 8% yield that goes a fly for 5 hours that yield just drops to 7.2% so with Marin PSR system any Sol to get Stak from marinade they need to set up a bond of s so if they go offline or they change commission this B then covers any potential loss of the rewards making sure that your rewards are 100% protected and the big thing that caught my eye on how marinade is able to bring you the highest apy in the game they bring you a staked
off auction Marketplace meaning validators bid for staked soul in a neutral open market that boosts yield and thus then marinade delegates your soul to the highest performing validators automatically which is the state auction Marketplace the way works is that Mar puts all the delegated s up for an auction to all sors and the validators bid each other using all revenue streams me tips block rewards inflation rewards you name it to get the best y possible on the market out there this allows stakers to tap into the highest rewards possible all powered by the mmde token
for decentralization for Dow governance again link down below bookmark this video if/ when you're ever ready to stake your soul bookmark save this video link down below and with Trump's tariffs tanking the crypto Market Bitcoin by about 15% but really tanking the altcoins over the week weekend and then a little whipsaw effect at least for Bitcoin when Mexico caved a little and then the US said hey let's delay tariffs on Mexico because they're meeting some of our demands Fox was alert and the breaking news of the day is on tariffs and we just have word
that the Mexican pres president spoke to Donald Trump and they are going to pause the tariffs on Mexico for one month this was the update as of this morning president spoke with Mexican president Claudia Shin bomb the two sides agreeing to pump the brakes on the um tariffs and then retaliatory tariffs that Mexico promised for a period of a month while they work out the terms of an agreement the Mexican president just posted some of the details Mexico is going to immediately send uh 10,000 members of the National Guard to prevent drug trafficking from Mexico
to the United States particularly F now there's still tariffs on Canada there still is expected to be future tariffs on the EU also China and why tariffs tank markets in the short term it's pretty basic tariffs are essentially a tax on International Exchange and the higher taxes on International Trade the more that incentivizes less trade internationally or more trade within the nation but less trade internationally that's less Commerce that's also higher prices for individuals in the United States all that constricts Commerce tightens an economy and that's why markets reacted to the negative and here's the
truth Bitcoin still has had only a 16% correction from its highs as of the beginning of the year we could go down as much as a 30% correction and that would be very normal but tariffs create inflation inflation has been historically great for Bitcoin also tariffs in the long term create a global tariff War that's economic chaos and many many other countries are going to be forced to do QE quantitative easing printing money first QE is great for crypto in the short term though there is unknown there's uncertainty and what the markets hate more than
negative news which they can price in is uncertain news where will we be in two months it's hard to say with Donald Trump at the head I'd say there's decent odds that let's say we go 3 months out that the tariffs will be rolled back because concessions were received and there are there are also other mechanisms in place to sort of protect markets from the downside I know people think this is an unlimited risk scenario for stocks but if the tariffs come into play and other countries go into recession those central banks will be easing
which will actually improve liquidity so I'd say that as bad as things look I I do think there's downside protection by the way just in Donald Trump's cryptar David Sachs reportedly to hold a press conference tomorrow to discuss how to secure America as a leader in the digital asset ecosystem stay subscribed to altcoin daily I will make a video I will keep you updated also link down below to take advantage of the altcoin daily bitun next trading competition up to $20,000 in a progressive prize pool and more and more of you are jumping in showing
your skills but like always see you tomorrow
