Crypto Chaos & Trump’s Fed Freakshow! 🤯💰

Oh, what a delightful mess! The crypto crowd is scratching their heads (and possibly their wallets) over Brad Garlinghouse being dragged into a discussion about a new stablecoin contraption that’s backed by-wait for it-another stablecoin. How positively ridiculous! It’s like building a house on top of a house on top of a wobbly Jenga tower. Meanwhile, Ripple’s XRPL waltzes in with its elegant, protocol-level solutions-efficient paths, a built-in DEX, and asset routing smoother than a greased otter. But no, let’s complicate things with layers of centralised nonsense. Bravo, stablecoin architects. Bravo. 👏

Japan’s 10-year yield has skyrocketed past 1.7%, a height not seen since 2008-back when people still trusted banks (how quaint!). Suddenly, Japanese institutions are yanking their cash out of U.S. debt like kids fleeing a broccoli buffet. The result? Global liquidity gets tighter than a pair of skinny jeans after Thanksgiving. And who feels the squeeze first? Crypto, of course! Because nothing says “volatility” like digital assets reacting faster than a caffeinated squirrel. But fear not! When the yield spike inevitably leads to policy easing, Bitcoin will bounce back like a rubber ball in a room full of trampolines. 🚀

President Donald Trump, ever the drama king, announced he’s already picked his dream Fed Chair-because apparently, running a country wasn’t enough excitement. “I’d love to kick Powell out right now,” he confessed, as if discussing a bad haircut rather than monetary policy. The shortlist includes Fed Governors, former Governors, and a BlackRock executive-because nothing says “stable leadership” like letting a reality TV star reshuffle the world’s most powerful financial institution. Will the next Fed Chair be chosen by a tweetstorm or a game of rock-paper-scissors? Stay tuned! 📺