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Democrats erupt with fury after Republican questions ‘loyalty’ of Rep. Chu House Democrats are up in arms after a GOP lawmaker suggested Rep. Judy Chu (D-Calif.), the nation’s first Chinese American congresswoman, is disloyal to the United States. Rep. Lance Gooden, a third-term Texas Republican, suggested this week that Chu should be denied access to…
How the US could respond if China gives lethal aid to Russia The U.S. could enact strict economic sanctions against China should it support Russia’s war in Ukraine with weapons and munitions. Washington has already issued several warnings to deter Beijing from taking the course. The Pentagon, Treasury Secretary Janet Yellen, Secretary of State Antony Blinken and U.S….
” Bitcoin must leverage $1T central bank liquidity to beat sellers — research “ Bitcoin (BTC) hodlers need to watch the central banks of China and Japan as well as the United States as BTC/USD battles “huge” resistance. That was the opinion of trading firm QCP Capital, which in its latest crypto market research piece,…
” Ethereum derivatives data suggests $1,700 might not remain a resistance level for long “ The price of Ether (ETH) rallied 18% between Feb. 13 and Feb. 16 but has since been range trading near the $1,700 level. Despite the recent price improvement, Ether derivatives metrics remain neutral-to-bullish ponder the investors the tighter regulatory environment…
” Hong Kong’s crypto ambition gets subtle nod from Beijing: Report “ Hong Kong’s ambition of becoming a cryptocurrency hub is reportedly seeing subtle support from the Chinese government, in what could be seen as a contrast to the mainland’s hard-line anti-crypto stance. In October last year, the government of Hong Kong floated the idea…
” China’s only public blockchain, Conflux, sees CFX price skyrocket 1,300% in 2023 “ Conflux Network (CFX) is up nearly 500% in the past week, with CFX emerging as one of the best-performing crypto assets in 2023 as China appears to be warming to cryptocurrency trading. What is Conflux Network? Interestingly, Conflux Network, also known as…
Blinken says spy balloon was ‘unacceptable’ in first meeting with Chinese official, but ‘no apology’ offered Secretary of State Antony Blinken told his Chinese counterpart on Saturday that the presence of a Chinese spy balloon in U.S. airspace was “unacceptable” in their first meeting since the balloon inflamed U.S.-China tensions earlier this month. “This was…
Blinken claims China ‘strongly considering’ providing Russia with ‘lethal assistance’ Secretary of State Antony Blinken said China is “strongly considering” providing Russia with “lethal assistance” in its nearly year-long war with Ukraine. Blinken, who met with his Chinese counterpart Wang Yi on the margins of the Munich Security Conference on Saturday, said he warned Beijing…
Biden: Objects shot down ‘most likely’ tied to private companies or research President Biden on Thursday said the three objects the military shot out of the sky last weekend were likely connected to a private company or research institution. “We don’t yet know exactly what these three objects were, but nothing right now suggests they…
Editor’s note: The Hill’s Morning Report is our daily newsletter that dives deep into Washington’s agenda. To subscribe, click here or fill out the box below. The U.S. could default on its debt between July and September, the nonpartisan Congressional Budget Office warned on Wednesday, adding new specificity to a partisan impasse that could harm the economy even before…