Hegseth stresses taxpayer transparency and notes that, working with DOGE (Department of Government Efficiency), the DoD has now canceled $800 million in wasteful spending overall. He says the goal is to eliminate fraud, waste, and abuse so warfighters get what they need, and more cuts are comingBrief summary of the speech:In the video, Defense Secretary Pete Hegseth announces he is signing a memo to terminate over $580 million in wasteful Department of Defense (DoD) contracts and grants that don't align with President Trump's or the DoD's priorities.He highlights a few examples of the cuts:An HR software project that ballooned from a planned 1-year/$36M effort to 8 years and $280M over budget (780% over).
$360M in grants, including green-energy initiatives to “decarbonize” Navy ships (tied to the Obama-Biden agenda).
Programs for “engaging underrepresented BIPOC students and scholars” and “equitable” AI/machine-learning models (Hegseth quips he wants lethal models, not equitable ones).
$30M in unused consulting contracts with Gartner and McKinsey.
NEW: Coinbase and Fannie Mae partner with Better Home & Finance to launch Bitcoin-backed mortgages for U.S. homebuyers.
Borrowers can pledge Bitcoin or USD Coin as collateral for down payments, allowing them to keep their assets and avoid triggering taxable sales.
The loans are structured as conforming mortgages backed by Fannie Mae, meaning they follow standard underwriting rules and carry the same protections as traditional home loans.
The product targets everyday buyers locked out by down payment constraints.
Better says 41% of U.S. families can’t purchase homes due to lack of liquid cash, despite holding savings in other assets.
Rising interest rates and high home prices have tightened affordability.
A buyer targeting a $400K home may struggle to source $40K in cash without selling assets and navigating tax and legal friction.
Coinbase says the offering brings crypto into mainstream housing finance, calling it “as American as apple pie.”
BREAKING: MASSIVE MORTGAGE GIANT FANNIE MAE JUST ANNOUNCED IT WILL ACCEPT #BITCOIN AS COLLATERAL FOR MORTGAGES FOR THE 1st TIME
A $20 TRILLION MARKET OPENING TO BTC
NO MORE SELLING REQUIRED
WE ARE WATCHING HISTORY 🚀🚀🚀
🚨 BREAKING NEWS 🚨
🇷🇺 Russia has introduced a new bill to legalize XRP and crypto for ALL investors.
146 million people will have now access to buy $XRP 🔥
🚨 WARNING: A BIG STORM IS COMING!!
China just officially banned crypto.
Over $1 TRILLION liquidity will be withdrawn.
THIS IS A DOLLAR EXIT SIGNAL.
If you hold crypto, you MUST read this carefully:
- No recognition of crypto as “money.”
- ALL crypto-related business is financial CRIME.
- Ban on foreign crypto services operating inside China.
Starting immediately:
→ No spot trading
→ No futures trading
→ No funds or ETFs
→ No adoption
This was one of the biggest crypto markets.
Around 30% of liquidity was coming from China and its traders.
NOW IT'S GONE.
And this is just the beginning...
Now BIG MONEY, who was officially registered on the territory of China, will be forced to liquidate their crypto assets.
It's over $400 BILLION in different crypto assets:
- All positions will be forced to close.
- Funds and exchanges MUST liquidate their holdings in a few weeks. Otherwise, it will be threatened with financial crime.
- Stablecoins will be converted into fiat. This will withdraw a lot of liquidity back from the market.
THIS IS NOT GOOD AT ALL.
The worst thing is still coming.
Shanghai leads all of Asia. The rest follows.
If they just started banning crypto, other countries may follow very soon...
And now trust is cracking.
While crypto is dumping, trust is going down, and people don't want to park their money in it.
Anyway, I’ll keep you updated on what he does.
I’ve studied macro for 10 years and I called almost every major market top, including the October BTC ATH.
Follow and turn notifications on. I’ll post the warning BEFORE it hits the headlines.
I truly believe that Michael Saylor is one of the greatest visionaries of the human race and humanity will be eternally grateful for the contributions he is making.
When Bitcoin’s price is low I enjoy listening to this speech and I always feel inspired.
MICHAEL SAYLOR:
“A lot of people don’t really think — they’re like oh my god MicroStrategy’s going to get liquidated. Well dude no, Bitcoin could go to $1, we’re not getting liquidated, we’re just gonna buy all the Bitcoin.”
🚨 BREAKING: Maria Corina Machado just said she has FULL CONFIDENCE in President Trump liberating all of Latin America from Communism
"We will have the Americas free of Communism, dictatorship and narco-terrorism!" 🇺🇸
“Venezuela will be free. And once we liberate Venezuela, we will keep working and we will have a free Cuba and a free Nicaragua!"
"We've had incredible leaders, like President Donald Trump."
BTC has reached extreme oversold conditions on the 4HR RSI lowest since October
Bitcoin has also pulled back into key support and the 50% Fib
Bounce very soon
JUST IN: BILLIONAIRE RAY DALIO JUST SAID THAT THE CURRENT MONETARY ORDER IS "BREAKING DOWN" AND "FIAT IS NO LONGER A CENTRAL BANK ASSET"
BETTER BUY #BITCOIN 🔥🔥