Why Trump Would 'Love' Fed Chair Powell to Quit; Strategy Bags Another 4,980 BTC | COINDESK DAILY
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 30 June 2025
⏱️ 3 minutes
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| 0:00.0 | Trump would, quote, love if Jerome Powell resigns and sailor buys more Bitcoin. |
| 0:05.3 | You're watching Coin Desk Daily. I'm your host, Jen Sanassi. |
| 0:14.9 | Bitcoin has traded between the $10,000 to $110,000 range for almost another week, but how long will the calm last amid ever-shifting |
| 0:24.5 | macro conditions? President Donald Trump says he wants interest rates cut to 1% from the current |
| 0:30.5 | range of 4.5% and would, quote, love it if Federal Reserve Chair Jerome Powell were to resign. |
| 0:37.1 | The Fed, however, is unlikely to lower Reserve Chair Jerome Powell were to resign. The Fed, however, |
| 0:38.1 | is unlikely to lower rates unless the labor market softens. That's according to Dario Perkins from |
| 0:43.6 | T.S. Lombard. That data is due later this week. Michael Saylor's strategy, the largest publicly traded |
| 0:49.8 | company holding Bitcoin, has boosted its by another $4,980 Bitcoin. |
| 0:55.6 | These recent purchases bring the company's total Bitcoin stack to $597,235 Bitcoin purchased for $42.4 billion. |
| 1:04.4 | At Bitcoin's current price, of around $107,500, that stack is worth more than $64 billion. |
| 1:12.5 | The acquisition was financed through sales of preferred stock. |
| 1:16.5 | Saylor says that the winning strategy is Bitcoin, and it seems to be working for him because |
| 1:21.0 | strategy has outperformed major stocks in the last year. |
| 1:24.3 | Here's a look at the firm's performance against Bitcoin Tesla meta, Google, and |
| 1:28.4 | more. Strategy shares are up about 1% this morning. Wish you could access cash without selling your |
| 1:33.7 | Bitcoin? Lennon makes that possible. The global leader in Bitcoin backed lending, Lennon has issued |
| 1:39.0 | over $9 billion in loans since 2018 and never lost a single Satoshi of client assets. Why is the |
| 1:46.1 | lead-in loan different? With custody loans, collateral is not lent out to generate interest, |
| 1:51.2 | no credit checks, funds in less than 12 hours, no monthly payments, repay whenever you want, |
| 1:57.2 | with zero penalties. And proof of reserves reports verified by a top accounting firm |
| 2:02.4 | are published every six months. Lenin gives Bitcoin holders a secure, transparent way to |
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