Ripple Co-Founder Leads $40M Push to Counter California Wealth Tax

Ripple co-founder Chris Larsen and venture capitalist Tim Draper launched Grow California with $40 million to elect moderate state legislators and oppose a union-backed wealth tax that would impose a 5% levy on net worth exceeding $1 billion.
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Silver Plunges Record 36% as Precious Metals Suffer Historic Collapse – Bitcoin About to Rally?

Precious metals experienced catastrophic losses as silver recorded its largest intraday drop in history at 36% and gold plunged over 12%, wiping out $15 trillion in market value following Trump’s nomination of Kevin Warsh as Federal Reserve chair, while Bitcoin fell to a nine-month low of $82,000 amid accelerating ETF outflows.
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