Someone seems to have a problem in our country. The problem is:
A story is floating around that, “I have stated that I am not a Republican.” The word out is that I have made a statement about statehood for Washington D.C. and that I would like to see that happen. Now why would I say that? I don’t live in that state – so why would I be concerned?
Whoever started that only stained themselves and it proves jealousy is around the corner. Of all the things that could be said is – God has been good to our country and its people. Yes, our country is going through hard times right now; but, DOGE proved who committed the hate/fraud/deception and caused the debt.
As a gentle elderly stateswoman’s poem reads – You did it to yourselves. Have you no shame?
My question is to whoever started the statement and contributed it to me – I wish you well; but, my question is – how do you prove that you are a Republican? I have blogged since 2013 expressing my conservative views hoping that it would bring our country to a place in time that peace would be on the table of the world. Why do people want to live with war, hate, and killing as a daily grind?
Crypto Market Crash Wipes Out $1.15B as Fed Rate Cut Hopes Collapse
Story Highlights
Crypto market plunges over 5%, with Bitcoin and altcoins suffering sharp losses.
Fed’s latest inflation data crushed hopes for June interest rate cuts completely.
Bitcoin ETFs saw $202 million outflows, with Fidelity leading massive investor withdrawals.
Over 247,000 traders liquidated, losing $1.15 billion in leveraged crypto positions.
The global crypto market just dropped by 5.66%, leaving many investors wondering what’s going on. Bitcoin, which was recently aiming for a breakout above $109,000, has dropped back to around $104,000. That’s a 3.6% decline in just 24 hours.
And it’s not just Bitcoin—Ethereum, XRP, Solana, and even meme coins like Dogecoin have followed, falling anywhere between 6% to 15%.
So, what’s behind this sudden crash?
Fed Rate Cut Hopes Crushed
The biggest reason seems to be new signals from the U.S. Federal Reserve. After the latest inflation data came out, showing core CPI still above expectations and producer prices rising, the chances of a rate cut in June have nearly vanished.
According to Fed CME tools, the market now has a 97.4% chance that the Fed will not lower interest rates this month. That’s made investors nervous, and it’s showing in crypto prices.
Bitcoin ETFs See Big Outflows
Another major blow came from the spot Bitcoin ETFs. After several days of strong inflows, June 12 saw a sudden reversal, with $202 million flowing out. Leading the charge was Fidelity’s ETF alone saw a $197 million withdrawal, while ARK Invest’s ETF lost over $10 million.
Surprisingly, BlackRock stayed flat with zero inflows or outflows.
$1.15 Billion in Crypto Liquidations
Leverage traders took a big hit. In the last 24 hours, over 247,000 traders were liquidated, with total liquidations hitting $1.15 billion. The largest single liquidation order was a $201 million long on Binance.
If Bitcoin drops further to around $95,800, nearly $11.76 billion worth of long positions are at risk. That could trigger another wave of sell-offs.
Meanwhile, technically, indicators hint at more struggle for Bitcoin as charts show rejection near the $106K resistance zone.
Meanwhile, the MACD is showing a slight bullish crossover, but the momentum is weakening. If Bitcoin fails to hold $104K, we could see a retest of $102K or even $100K soon.
Altcoin Market Suffers Too
Altcoins are taking a big hit, closely following Bitcoin’s downward trend. The Altseason Index has dropped to 16, showing that Bitcoin still holds market dominance.
Among the biggest losers, Ethereum (ETH) fell by over 9.29%, now trading near $2,508. While XRP, Solana, and Cardano all saw major declines, with no signs of recovery just yet.
My Mother always had a way with words and one of them was: You made your bed – you “lie” in it – which can be interrupted in different ways?
Does E Jean Carroll care how this effects the members of these men’s families (children)? Or, does it matter?
How much money does this person want to make off of these stories? I know it is being used as a political football (hit) each time since the Democrats were rolled in the mud by DOGE and the election.
None of us know what the real story was – period – since she has had this happen before – as recorded/ Has she made a living off of these stories – which is her prerogative?
“Carroll adds that she did not include the experience in her Esquire article, “I am a member of the Silent Generation. We do not flap our gums. We laugh it off and get on with life.” Moonves, former CEO and chairman of CBS who was fired after numerous sexual assault and harassment allegations, told New York he “emphatically denies” the incident occurred.”
Among the challenges the DNC faces is infighting, a slowdown of fundraising from major donors, and a declining war chest, according to a new report in The New York Times. The report cited more than two dozen Democratic lawmakers, donors, strategists, DNC members, and party officials, all of whom acknowledged the struggles the organization faces as it tries to rebuild the party.
“What they are seeing is headline after headline of incompetence and infighting, and I think that is a real problem not just for the D.N.C. but for the larger Democratic brand,” Ruffus Gifford, finance chairman for Kamala Harris’s 2024 campaign, told The Times. “We need to come together and focus on the issues at hand. That’s got to happen now. And I mean today. And if that can’t happen, we need to shift course.”
Many of the issues the DNC faces arose after Ken Martin became the committee’s new leader. Sources told the Times that Martin has not contacted some major donors and has worked to install allies in key positions within the organization. The public fight with gun safety activist David Hogg didn’t help matters either, sources said.
The DNC’s struggles have also created a significant financial hole that the organization must climb out of. Between January and April, the DNC’s war chest shrank by $4 million. For comparison, the Republican National Committee raised $29 million during the same period. This makes it hard to see how the DNC can maintain Martin’s goal of spending $1 million per month to support state parties.
“This is worse than some high school student council drama,” Rep. Mark Pocan, a Wisconsin Democrat, told The Times.“
kommonsentsjane 