US Senator Lummis proposes to reserve 5% of global Bitcoin
--
US Senator Lummis proposed that the United States should reserve at least 5% of the world's Bitcoin, and the US House Committee has pushed forward a bill to hold Bitcoin for 20 years. (The Bitcoin Historian)
The Pentagon is evaluating a plan to reduce the size of its military presence in Europe and America, with plans to withdraw 25000 to 40000 soldiers to align with America's priority strategy. At present, the United States has about 80000 troops stationed in Europe, and Alex Greenkevich, the commander of the European Command, is expected to submit an evaluation plan to Defense Secretary Hergeseth. (Source: NBC)
[The Russia-Ukraine conflict continues to escalate, Ukrainian central bank lowers GDP growth forecast]
Russian forces continue to strike targets and port facilities within Ukraine, while Ukraine launches attacks on Russia's Belgorod region. A refinery in Russia's Yaroslavl region has suspended crude oil processing, and the Polish military has confirmed that Russian forces did not violate its airspace. The Ukrainian central bank has lowered its 2026 GDP growth forecast to 1.1%–1.2%. European Commission President Ursula von der Leyen announced €3.3 billion in aid to Ukraine for the procurement of missiles and drones. Russian Foreign Minister Sergey Lavrov stated that Russia-U.S. talks have not achieved substantive results, and the Kremlin noted that new U.S. sanctions make reaching a peace agreement more difficult. (Source: Jintou Data)
DoubleLine Capital CEO Gunak warned that the next US economic recession may lead to a debt crisis, driving the long-term treasury bond bond yield soaring. Gunlak is focusing on low duration assets to protect DoubleLine Capital's funds from the impact of rising interest rates. Gunlak believes that the US government may increase policy intervention, including the Federal Reserve repeating Operation Twist or conducting debt restructuring. Gunlak stated that the budget deficit will reach 12% of GDP, generating approximately $3 trillion in interest expenses annually, which is unsustainable.