Why We Just Sold Half of Our Stocks

We've already sold all or part of 52 different stocks this year - more than any other period in our firms' history. That's because there are five cracks forming below this market that threaten us with a widespread collapse. We could see the market tumble by 50% and unemployment will triple.

Anthony Scaramucci Calls For Bipartisan Crypto Regulation, 'Applauds' Donald Trump For Coming Towards The Industry

Murtuza Merchant
September 18, 2024

Former White House Communications Director and founder of SkyBridge Capital Anthony Scaramucci on Wednesday emphasized the need for bipartisan regulation of cryptocurrency in the U.S.

What Happened: Scaramucci noted that former President Donald Trump, despite his prior negative stance on Bitcoin, has recently shifted toward a more positive view of the digital asset industry. “I will applaud him for coming towards the industry,” Scaramucci told CNBC, adding that this shift could encourage Democrats to follow suit.

He expressed optimism about the potential for a bipartisan approach to Bitcoin and cryptocurrency regulation, particularly with the involvement of Vice President Kamala Harris‘s team.

In his conversations with Harris’s campaign, Scaramucci observed that the team has been carefully considering its stance on cryptocurrency.

Also Read: Donald Trump’s New Crypto Project World Liberty Financial: Everything You Need To Know

He highlighted the ongoing discussions, stating, “I think it’s incumbent upon all of us to make sure that cryptocurrency regulation in the U.S. is bipartisan.”

He also mentioned that while Harris hasn't yet announced her position on crypto regulation, he is optimistic about her campaign’s direction and the possibility of pro-crypto policies emerging in the near future.

Scaramucci’s remarks reflect a growing consensus that regulation needs to be clear and cooperative, especially in a landscape where figures like Senator Elizabeth Warren and SEC Chair Gary Gensler have been more skeptical about digital assets.

What’s Next: The upcoming Benzinga Future of Digital Assets event on Nov. 19 will gather key industry leaders and policymakers to discuss the evolving regulatory landscape.

Read Next:

  • Howard Winklevoss Donates $4M In Bitcoin To Grove City College

Image: Shutterstock

Continue Reading...

Popular

Bitcoin Spikes Above $61,000 as Fed Implements 50 Bps Rate Cut

In a significant market move, Bitcoin (CRYPTO: BTC) surged past the $61,000 mark after the U.S.

The No. 1 AI Stock of 2024 (Not Nvidia) - Ad

It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.

Chinese EV Maker Nio Eyes Audi's Brussels Plant Amid European Expansion: Report

Chinese EV maker Nio is reportedly eyeing taking over Volkswagen brand Audi's car plant in the Brussels city of Vorst.

TotalEnergies Extends LNG Deal With CNOOC

TotalEnergies extends sales agreement with CNOOC for 5 years, secures long-term LNG sales in China and Turkey, and invests in renewable energy.

The "Amazon Coin" -- To Be Bigger Than Bitcoin? - Ad

Starting September 23rd, this tiny 3-cent crypto could partner with one of the biggest companies in the world... Amazon. Declassified video reveals "Amazon Coin" ahead of $27 trillion crypto revolution. One team of crypto experts have identified it as the most promising crypto of 2024.

Top 2 Energy Stocks That Are Ticking Portfolio Bombs

Two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Red-Hot AI Stock "Disappearing" Soon? (Get In Now) - Ad

Right now, there's an AI stock on the verge of being snapped up by a giant company... And when it does, its price could go flying. The potential gains could be astronomical. You want to get in before that happens... Otherwise the opportunity could pass you by. Your window to buy in is right now...

Trump Vs Harris: Who Do Russia, Iran And China Favor In 2024 Election? Intelligence Officials Weigh In

U.S. intelligence officials believe that Russia, Iran and China have preferred candidates in this year's U.S. presidential election. Each of these foreign powers has different views on who would best serve their interests.

Donald Trump's Billions On Hold As Insiders Sell Off Truth Social Shares

Insiders at Trump Media & Technology Group owned social media platform Truth Social have started offloading their shares.

What If Kamala Wins? The 3 Words That Will Change Everything - Ad

The same team that predicted Biden's downfall ... now warns of a new threat. Learn how to safeguard your future.

Trump Vs. Harris: 2024 Election Betting Odds Show 'Love Story' For Vice President After Debate, Taylor Swift Endorsement

The presidential debate between Vice President Kamala Harris and Ex-President Donald Trump shifted the betting odds for the winner on Election Day. Here’s a look at who has the edge and how the markets have shifted in recent months.

Psychedelic Church Opens In Colorado Springs, CO Making History

Meet Colorado's first psychedelic church in Colorado Springs, where magic mushrooms and DMT are used for healing and creating community.

President Trump and Elon Musk Issue Stark Warning - Ad

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

What to Stream: George Strait, 'Rebel Ridge,' Astro Bot, 'Slow Horses' and Mormon influencers

“The Secret Lives of Mormon Wives,” a docuseries following young wives in Utah, and the suspenseful thriller “Rebel Ridge” are some of the new television, films, music and games near you.

Tesla Considers Warner Bros Studio For Highly Anticipated Robotaxi Unveiling Event: Report

Tesla is reportedly looking to hold its robotaxi unveiling event at Warner Bros. Discovery's movie studio in Burbank, California.

A 10,000% Dividend?!? - Ad

Have you seen this strange oil investment? It's NOT a stock, bond, or private company...It has NO age requirements...You do NOT need to be accredited to participate... And you can get in for as little as $25.

Trump courts conservative male influencers to try to reach younger men

WASHINGTON (AP) — At first glance, there's little that a 78-year-old former president and a 23-year-old internet personality might have in common.

Major power outage hits Venezuela's capital, with Maduro government blaming 'sabotage'

CARACAS, Venezuela (AP) — Venezuelans awoke Friday to a major power outage in the capital, Caracas, and several states.

Imminent FDA Decision Could End Obesity in America... - Ad

...and spark a 224,000% sales surge for one tiny micro-cap stock. Channelnomics says it "Could have a greater impact on the world than artificial intelligence." BMO Capital calls it "A goldmine for investors." The Wall Street Journal says it's "A Gold rush."

Social media is filled with skin care routines for girls. Here's what dermatologists recommend

Girls are with advice from influencers touting elaborate skin care routines with high-priced serums, mists and creams. But what is the right skin care routine for preteens?

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

NEW YORK (AP) — After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection.

Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double - Ad

Already up nearly 50% in the last 6 months this gold company has an analyst target nearly twice its current price. With 40+ investment banks and funds already invested it's no wonder this $1.3B company (trading under $2) is grabbing investor attention.

Tesla CEO Elon Musk Wants To Bring Back Dogecoin As A Payment Option To Buy Company's Merchandise

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on Friday that he would like to have the option of paying with meme cryptocurrency Dogecoin (CRYPTO: DOGE) reinstated for the company’s merchandise.

Hewlett Packard won't drop its UK claim against tech mogul Mike Lynch, who died when his yacht sank

LONDON (AP) — Hewlett Packard Enterprise said Monday it won't drop its U.K. claim for damages against the estate of British , who was killed when his superyacht sank last month.

U.S. Loses to China in Shocking WAR GAMES - Ad

Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon.

2024 Oil Boom - Ad

There is a much better way to profit from oil in 2024. It's NOT oil stocks, futures, or anything you've likely heard about. In fact, one man used it build a small $1,000 investment into a $100,000 income stream over fifty years.

Behind the nonprofit helping a diverse new generation of culinary professionals heat up New York

NEW YORK (AP) — A side of beef bigger than a classroom desktop sat before high school students huddled around a kitchen on New York's Lower East Side. “Anyone wanna jump in?” asked the butcher teaching the Tuesday afternoon class. One student dared, grabbing a sawblade about as long as his arm and sweating to successfully separate the short rib from the rib eye.

Discover the $2 Stock That Has Institutional Attention - Ad

With a $1.3B market cap and forecasts to grow 2X faster than the sector, dozens of investment banks are betting big. Strong leadership, cash on hand, and a $3 target make it a must-see.

Ethereum Co-Founder Vitalik Buterin Invests Ethereum Proceeds Into Aave, But Trader Says 'Not The Area To Buy'

Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin swapped a significant sum of ETH to deposit into a DeFi protocol, with traders predicting a bright future for it.

WHO and Africa CDC launch a response plan to the mpox outbreak

DAKAR, Senegal (AP) — The Africa Center for Disease Control and Prevention and the World Health Organization launched on Friday a continent-wide response plan to the outbreak of mpox, three weeks after WHO declared outbreaks in 12 African countries a .

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released this shocking new video exposing Democrats' secret plan to keep Trump out of the White House... Even if he wins the election. See the details and learn how to prepare... Because this could trigger the biggest constitutional crisis in our nation's history.

US economic growth for last quarter is revised up to a solid 3% annual rate

WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment.

A Palestinain TikTok star who shared details of Gaza life under siege is killed by Israeli airstrike

CAIRO (AP) — It was another day of , another day of what 19-year-old Palestinian TikTok star Medo Halimy called his “Tent Life."

Kamala Harris May Seize This Cutting-Edge Tech -- Act Now - Ad

A new technology (not AI) is powerful enough to save America $1.7 TRILLION in healthcare costs each year. Trump is rumored to use it personally... And Kamala Harris has threatened to have key patents on it seized. Whoever wins the election - it could cause a massive surge in demand... And send a tiny firm with key patents on this technology soaring. It's currently trading for only $7. But it likely won't stay this cheap for long.

NASA Revamps SpaceX's Crew 9 Lineup To Make Room For Astronauts Stranded At ISS Due To Boeing's Starliner Issues

Only two astronauts will launch on NASA's upcoming SpaceX Crew-9 mission instead of four so as to accommodate the two astronauts who arrived at the station aboard Boeing's Starliner spacecraft, the space agency said on Friday.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service