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Bitcoin Retakes $100,000; StanChart Sees New Record High Imminent | ZeroHedge

Post author:bitcointalk
Post published:08.05.2025
Post category:CRYPTO
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Bitcoin just topped $100,000 for the first time since early February…

And Standard Chartered's Geoffrey Kendrick thinks a fresh all-time high for Bitcoin is coming soon (his specific target of USD120k for Q2 looks very achievable).

The dominant story for Bitcoin has changed again.

It was correlation to risk assets (see Bitcoin – another tech stock? note attached, from March).
It then became a way to position for strategic asset reallocation out (more…)

Decrepit Biden Makes Incredible Claim In BBC Interview… | ZeroHedge

Post author:bitcointalk
Post published:08.05.2025
Post category:NEWS
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Authored by Steve Watson via Modernity.news,

Sleepy Joe Biden was wheeled out for a first interview since being ejected from the White House and claimed that dropping out of the 2024 race was such a “difficult” decision because the four years he was in office were “so successful.”

Exactly why Biden is doing an interview with the BBC is anyone’s guess. Presumably they paid him with British taxpayer money and presumably no American network would have him on. (more…)

Interior Secretary Warns U.S. At Risk Of Spain-Style Blackouts | ZeroHedge

Post author:bitcointalk
Post published:08.05.2025
Post category:ENERGY
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Interior Secretary Doug Burgum warned the United States is at risk of suffering from blackouts that recently brought most of Spain to a halt due to over-subsidizing intermittent renewable energy sources.

“We just saw in Spain, they were celebrating on April 12th of this past month that they'd shut down their last coal plant. A week after that, they were celebrating the fact that they had their first day of 100% renewables on their system,” Burgum said in an (more…)