McFinance Newsletter

 Hello McFinancers! The latest in financial news: The growing demand for energy with AI, US Treasury looks to stop unregulated stablecoins, Bitcoin wallet hacked, and a strong indicator for Bitcoin’s peak during a bull cycle. AI Requires More Energy The escalating energy demand driven by the increasing use of AI and data centers is straining the power grid. As AI becomes more prevalent across various industries, this energy demand is projected to multiply, potentially doubling by 2030. This surge is already taxing the existing electrical grid infrastructure in the US, which is struggling to keep up with the growth of industrial production and the rising adoption of electric vehicles. Regions with high concentrations of data centers, such as Northern Virginia, are experiencing significant fluctuations in power demand, threatening the stability of the energy infrastructure. As this rising energy demand persists, the US faces increasing pressure to meet its energy needs. The push towa...

 Hello McFinancers! The latest in financial news: Rising housing prices, a political shift towards cryptocurrencies, and a call for weak fiat currencies to incorporate BTC. Housing Prices Are On The Rise A recent report indicates that housing prices in the top 20 metro areas across the US have risen. The decrease in the number of homes entering the market has led to this price increase due to reduced supply. Many investors and homeowners are speculated to be holding off on buying until interest rates decline. Economists understand that changes in supply directly impact prices. Broadly, the housing market is influenced by two primary factors: availability and interest rates. With fewer older homes being listed for sale and delays in new construction, there is a notable shortage of available houses in the US. This scarcity has driven up prices, but rising interest rates set by the Federal Reserve have deterred potential buyers, making mortgage payments prohibitively high. This combin...

 Hello McFinancers! There has been a lot of news this week in the crypto markets. The latest in financial news: The Ethereum ETF was approved by the SEC this week, the House of Representatives approved FIT21, Stripe incorporates USDC payments into their platform, and the House of Representatives reintroduced an act to remove federal taxes on the sale of gold/silver. Ethereum ETF Is Approved Over the past week, the US Securities and Exchange Commission (SEC) approved the 19b-4 forms for eight different spot Ethereum ETFs. This approval allows for the creation of these ETFs, which now await the final green light on their S-1 forms before they can be traded. Notably, companies updated their 19b-4 forms to exclude the staking component of the ETFs. Which would have provided a dividend to investors. While the spot Bitcoin ETFs were hugely successful, investors shouldn’t expect the same kind of returns as Bitcoin. There are differences in both Bitcoin and Ethereum’s technology and their ...