Weekly Recap
Weekly Recap 1) Iran demands ships transiting through the Strait of Hormuz to pay fees in crypto or Chinese yuan. 2) US Department of Labor proposes rule to open $10 trillion 401k retirement plans to crypto and alternative investments. 3) $12 trillion Charles Schwab to launch Bitcoin and Ethereum trading for users "soon." 4) Michael Saylor says the four-year Bitcoin cycle is "dead." 5) President Trump to unveil $1.5 trillion defense budget, the largest yearly US military spending increase since World War II. 6) Elon Musk says Tesla is making a "big" investment in Japan. 7) Fed Chair Je…
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