Update On State Banking, Tether, Bitcoin, And Silver

Bitcoin’s decline may be linked to EU/US MiCA regulations targeting Tether. In the silver market, we’re seeing tightness driven by anticipated tariffs.

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Bitcoin’s recent decline may be linked to the new EU/US MiCA regulations targeting Tether, which could have broader implications for the cryptocurrency market. In the silver market, we’re seeing tightness driven by anticipated tariffs, prompting shifts in bullion banking and wholesale activities. While retail demand is currently subdued, investment activity remains steady despite challenges in financing inventory purchases.

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