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The original “Magnificent Seven” turned $7K into $1.18 million. Now, Alex Green has identified AI’s Next Magnificent Seven—seven stocks he believes could deliver similar gains in under six years. His full breakdown is now live.
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United States Attorney Erek L. Barron commended HSI New York’s El Dorado Task Force and IRS-CI for their work in the investigation. Mr. Barron thanked Assistant U.S. Attorneys Aaron S.J. Zelinsky and Spencer Todd, and Trial Attorney Tian Huang of the Criminal Division’s Fraud Section who are prosecuting the case.
This is positive for the market because the direct impact of slowing balance sheet reduction is improved liquidity expectations. Slowing the reduction means reducing the speed at which liquidity is withdrawn from the market, equivalent to indirectly injecting more funds into the market. Historical experience shows that improved liquidity environments typically benefit risk assets like Bitcoin. This adjustment is interpreted by the market as a preventive measure by the Fed to avoid debt ceiling issues and potential economic pressures, potentially easing tight money market liquidity.
In Canada’s recent federal election, Prime Minister Mark Carney’s Liberal Party secured enough seats to form at least a minority government, leading to the loss of pro-crypto Conservative Leader Pierre Poilievre’s parliamentary seat.
However, the market soon showed signs of resilience. From April 10 onward, Ethereum began a steady climb back toward the $1,700 mark. This recovery was underpinned by encouraging developments in the DeFi ecosystem. DeFi protocols built on the Ethereum blockchain continued to show growth in total value locked (TVL), reinforcing Ethereum’s relevance and utility. Market sentiment turned cautiously optimistic, and buying activity increased, especially from institutional players watching for strong support levels.
Bitcoin exchange-traded funds (ETFs) have experienced unprecedented inflows, with a total of $3 billion pouring in during the week of April 21-25. BlackRock’s IBIT led the charge, attracting $970 million in a single day.
