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India Targets October Deadline for US Trade Agreement Amid Trump Threats of Tariffs

🔊 Trump’s tariff policy threatens to make Americans poorer while failing to bring back lost manufacturing jobs. In this episode of The Big View, author Philip Coggan explores the parallels with Britain’s foolish return to the gold standard a century ago

RT @BennSteil: Trump’s Japanese and EU Investment Boasts Contradict His Claims of a Trade Deficit “Emergency

Drivers of Bitcoin’s ( $BTC ) valuation in 2025 Bitcoin has already achieved major highs that very few thought possible. The ink on the current drivers of its all-time high is still wet. One of the major catalysts was the introduction of spot Bitcoin exchange-traded funds (ETFs) in early 2024, such as BlackRock’s iShares Bitcoin Trust ETF. By mid-2025, US Bitcoin ETFs had amassed $14.8 billion in net inflows, with BlackRock’s ETF alone raising over $1.3 billion in just two days. In addition, US President Donald Trump’s executive order to establish a Strategic Bitcoin Reserve in March 2025, capitalized with approximately 200,000 Bitcoin (BTC), sent a clear message of government support. This further reinforced Bitcoin’s growing status as a legitimate asset and helped boost investor confidence. The optimism surrounding Bitcoin reached new heights during the “Crypto Week” in Washington, D.C. in July 2025, where Bitcoin surged to an all-time high of $123,166. Is $1-million Bitcoin possible? So, is $1 million per Bitcoin a realistic target? Several key factors suggest that it is entirely possible, though achieving it will require a lot. Limited supply: Bitcoin’s scarcity is one of its most compelling features. With a capped supply of 21 million coins, Bitcoin’s value naturally increases as demand rises. The limited supply ensures that Bitcoin cannot be inflated like fiat currencies, making it a potential store of value similar to gold. Institutional investment: The influx of institutional investment is changing Bitcoin’s market dynamics. As large financial institutions enter the market, Bitcoin’s legitimacy is solidified, creating more demand and pushing prices higher. Crypto adoption potential: Approximately 6.8% of the global population now owns cryptocurrency, equating to over 560 million people (with a compound annual growth rate of around 34%). There’s plenty of room for growth. FOMO: A 2025 survey by Security.org found that 67% of current cryptocurrency owners primarily invest in digital assets like Bitcoin with the expectation of making money. As Bitcoin’s price continues to rise, more investors are subjected to fear of missing out. Who believes Bitcoin could hit $1 million? Several prominent figures have predicted that Bitcoin could reach $1 million per coin, with their projections highlighting the increasing potential for the cryptocurrency. Cathie Wood has been a vocal advocate for Bitcoin, predicting that the cryptocurrency could hit $1.5 million by 2030 in ARK Invest’s “Bull Case” scenario. Michael Saylor, the founder of Strategy, has repeatedly stated that Bitcoin’s price will hit $1 million when Wall Street holds 10% of its reserves in Bitcoin. Robert Kiyosaki shares a similar sentiment, predicting that Bitcoin could hit $1 million by 2030. He views Bitcoin as a hedge against inflation, much like precious metals. What would it take for Bitcoin to reach $1 million? To reach $1 million per Bitcoin, several things need to happen in the market. Here’s a breakdown of the major factors: Much more institutional investment For Bitcoin to reach $1 million, its market cap would need to exceed $21 trillion — surpassing gold’s value. Michael Saylor has suggested that if Wall Street allocated 10% of its reserves to Bitcoin, the market cap could reach $20 trillion, pushing Bitcoin’s price to $1 million. However, institutional involvement remains limited, with less than 5% of Bitcoin ETF assets held by long-term institutional investors. Retail investors currently dominate the Bitcoin ETF market. Global adoption Reaching $1 million per Bitcoin requires widespread global adoption, with experts estimating that 20%-40% of the world’s population (1.6 billion-3.2 billion people) would need to adopt Bitcoin. This requires advancements in infrastructure, education and regulatory support. Continued regulatory support Clear and supportive regulation is crucial for Bitcoin’s growth. A unified approach would reduce uncertainty and foster investment. Efforts like the GENIUS Act and the Clarity Act in 2025 have set clearer guidelines for digital assets, boosting institutional confidence and paving the way for broader adoption. Continued technological development The continued development of solutions like the Lightning Network, which improves transaction speed and lowers fees, is essential for scaling Bitcoin, even as a store of value.

Wow, I guess Maxwell is next… Trump doing the exact opposite of what he promised 🫣 #MAGA movement must be so proud 🥲