Treasury Secretary Bessent predicts 3% GDP growth as Trump preps economy tour

nypostОпубліковано о 2025-12-08Востаннє оновлено о 2025-12-08

Анотація

Treasury Secretary Steven Bessent forecasts 3% GDP growth as former President Donald Trump prepares to launch an economy-focused tour. The announcement highlights key economic priorities and policy directions expected to be emphasized during the upcoming tour.

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"Criminal Offense": Deputy Declares Hunt for "Spider-Man"

Russian State Duma deputy Elena Drapeko has called on the Ministry of Internal Affairs (MVD) to intervene against the illegal screening of foreign films, specifically citing "Spider-Man: A New Day," in Russian cinemas. These screenings occur without a distribution certificate or rights-holder consent under a scheme where tickets are sold for certified short films but audiences are shown the major unauthorized release beforehand. The film reportedly earned nearly 900 million rubles in its first unofficial weekend. Drapeko labeled the practice illegal entrepreneurship and a criminally punishable act, urging the Ministry of Culture to use its subordinate organizations to monitor such shows and pass information to law enforcement. The scheme bypasses the Unified Automated Information System (EAIS) for ticket sales, making official tracking impossible; estimates rely on discrepancies between overall box office figures and EAIS data. Potential consequences for violators include criminal liability (for damages over 500,000 rubles), administrative fines, and civil lawsuits from rights-holders. The situation reflects a broader, government-acknowledged trend in the shadow film distribution market, driven by factors like high official ticket prices and a lack of Hollywood releases, which competes directly with domestic cinema revenue.

cryptonews.ru11 хв тому

"Criminal Offense": Deputy Declares Hunt for "Spider-Man"

cryptonews.ru11 хв тому

Strategy’s $66B Bitcoin machine hinges on capital markets, not BTC price: Report

A recent analysis highlights that the main risk to Strategy's (MSTR) $66.7 billion Bitcoin treasury is not a crash in BTC's price, but a prolonged loss of access to capital markets. The firm holds 840,447 BTC behind $22 billion in debt and preferred claims, requiring it to continually raise fresh capital to service roughly $1.76 billion in annual obligations. A stress test found Bitcoin would need to fall 96% before its holdings couldn't cover its convertible notes. However, the company must still meet its fixed annual charges regardless of Bitcoin's price. If financing conditions worsen, Strategy's accumulation model could reverse, forcing greater reliance on reserves and Bitcoin sales. The company has sold BTC this year to meet obligations but has accumulated far more than it has sold.

cointelegraph31 хв тому

Strategy’s $66B Bitcoin machine hinges on capital markets, not BTC price: Report

cointelegraph31 хв тому

BPI: Digital Gold Least Popular Bitcoin Narrative, as Implementation Methods Defy Concepts

A national study by the Bitcoin Policy Institute (BPI) reveals that the "digital gold" narrative for Bitcoin holds little appeal for everyday Americans. The research, conducted with Cygnal and Neighborhood Bitcoin, involved surveys and focus groups with registered voters. Key barriers to adoption included concerns over control of the asset, security, accessibility, and ease of use. Messaging focused on personal control (e.g., "you decide how much") or Bitcoin as "freedom money" (savings that can't be frozen by banks or governments) resonated much more strongly than the "digital gold" concept. The study also found potential buyers are more influenced by stories from peers like friends, family, or financial advisors than by abstract narratives. After exposure to effective messages, the share of those "extremely" or "very" interested in owning Bitcoin rose from 19% to 24%. A separate Federal Reserve Bank of Cleveland research paper analyzed household data from 2018-2025. It found that expectations of Bitcoin's returns were a stronger driver of ownership than all demographic factors combined. For example, in 2021, Bitcoin holders expected a 22% annual return versus just 7% for non-holders. An experiment in 2025 showed that informing participants about Bitcoin's past performance (14.3% return) increased their planned crypto investments by 47% and raised their likelihood of purchasing by 23%. U.S. household crypto ownership grew from under 2% in 2018 to about 12% in 2025.

cryptonews.ru42 хв тому

BPI: Digital Gold Least Popular Bitcoin Narrative, as Implementation Methods Defy Concepts

cryptonews.ru42 хв тому

Grayscale Launches First US Zcash ETF. Why Now

Grayscale has launched the first U.S.-based spot ETF for the cryptocurrency Zcash, which began trading on NYSE Arca under the ticker ZCSH on August 25. This ETF was converted from the Grayscale Zcash Trust, established in October 2017. Grayscale's Head of Indices, Steve Van Urni, stated the move responds to growing investor demand to access digital assets beyond Bitcoin and Ethereum through existing brokerage accounts. Zcash (ZEC) is a privacy-focused cryptocurrency launched in 2016, allowing users to choose between transparent and shielded transactions using zk-SNARKs technology. It has been a top performer in 2025 and this spring, currently ranking 11th by market cap at around $14 billion. Van Urni highlighted Zcash's nearly decade-long history, its Bitcoin-like principles including a 21 million coin limit, and its optional privacy features as key differentiators. Despite a critical vulnerability discovered in June, developers resolved the issue with the Ironwood network upgrade in July. Grayscale plans to monitor the adoption of Ironwood and regulatory developments concerning privacy assets like Zcash. The price of ZEC was around $820 on August 25, having surged 64% over the previous week and over 1800% in the past year. The ETF is primarily targeted at self-directed and advised investors seeking exposure to ZEC.

cryptonews.ru43 хв тому

Grayscale Launches First US Zcash ETF. Why Now

cryptonews.ru43 хв тому

NEAR Aims to Achieve Post-Quantum Consensus by the End of 2027

NEAR aims to achieve post-quantum consensus by the end of 2027. The team began redesigning its security model in Q2 2026 to prepare for a future where quantum computers could break today's cryptographic signatures. The initial step integrated the ML-DSA (Dilithium) algorithm, allowing users to secure assets with quantum-resistant keys. This protection extends to assets on other blockchains via Chain Signatures and NEAR intents, with the Meteor wallet already supporting it. While ML-DSA is currently used, it's considered bulky and expensive. NEAR is also evaluating more compact algorithms like FN-DSA (Falcon), but they are not yet mature for production. The next major challenge is upgrading the validator consensus mechanism, which still relies on classical cryptography. This is considered one of the protocol's largest updates since mainnet launch. For cross-chain interoperability, transitioning to post-quantum signatures risks fragmentation, as most blockchains currently use ECDSA/EdDSA. NEAR's plan is to evolve its Chain Signatures, Intents, and OmniBridge systems through 2026-2027 to maintain connectivity. A key hurdle is enabling the network's MPC (Multi-Party Computation) system to generate signatures for other blockchains that adopt different post-quantum standards. The team emphasizes industry-wide coordination is essential for a secure transition.

cryptonews.ru45 хв тому

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