worst – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 07 Sep 2025 12:59:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.8 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 worst – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Bitcoin taps $111.3K as forecast says 10% dip ‘worst case scenario’ https://earlybirdsinvest.com/bitcoin-taps-111-3k-as-forecast-says-10-dip-worst-case-scenario/ https://earlybirdsinvest.com/bitcoin-taps-111-3k-as-forecast-says-10-dip-worst-case-scenario/#respond Sun, 07 Sep 2025 12:59:36 +0000 https://earlybirdsinvest.com/bitcoin-taps-111-3k-as-forecast-says-10-dip-worst-case-scenario/

Key points:

  • Bitcoin sees a modest rebound into the weekly candle close, but traders see key resistance overhead.

  • BTC price action risks a much deeper drop if bulls fail to reclaim that resistance zone.

  • Fibonacci analysis hints that such a drop may not pass more than 10%.

Bitcoin (BTC) returned above $111,000 into Sunday’s weekly close as analysis saw “promising” recovery signs.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView

BTC price “logical” bounce zone near $100,000

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining around 1% on the day to hit local highs of $111,369.

The pair’s latest dip, which followed US macroeconomic data, saw bulls preserve $110,000 support.

“This is actually promising on $BTC,” crypto trader, analyst and entrepreneur Michaël van de Poppe responded on X.

“It makes a new higher low and holds the support at $110K. Would be great if we crack $112K and fire up the bull run.”

BTC/USDT one-day chart with RSI data. Source: Michaël van de Poppe/X

Market participants continued to hold diverging views over short-term BTC price action. Popular trader Cipher X suggested that $112,000 could spark new lows should bulls fail to reclaim it next.

“We either flip $113,000 and pump to new highs, or if we reject here we drop to $100,000,” fellow trader Crypto Tony added on the day, adopting a more categorical perspective based on the weekly chart.

Trader TurboBullCapital referenced the 50-day and 200-day simple moving averages (SMAs) at $115,035 and $101,760, respectively, as important levels to watch going forward.

“Lose the $107k area & the downside target becomes the $101k level which also happens to coincide with the MA200,” part of an X post concluded. 

“This is a logical area to expect a bounce.”

BTC/USD one-day chart with 50, 200SMA. Source: Cointelegraph/TradingView

Bitcoin’s “worst case scenario” coincides with $100,000

As Cointelegraph reported, one theory on longer timeframes involves market makers on exchange order books.

Related: Bitcoin bear market due in October with $50K bottom target: Analysis

Short sellers and bears, it suggests, could be the victims of manipulation prior to a giant short squeeze event taking the market to new all-time highs. This would echo price action in late 2024.

In the meantime, Fibonacci retracement levels imply a maximum drop of 10%, again based on historical behavior since the end of last year.

“$BTC usually bottoms at 0.382 Fibonacci level. This happened in Q3 2024, Q2 2025 and will probably happen again,” popular trader ZYN observed.

“For anyone wondering how low we can go, 0.382 Fibonacci level is currently around $100K. So the worst case scenario is a 10% drop before a 50% rally above $150,000.”

BTC/USDT one-week chart. Source: ZYN/X

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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The Best and Worst Part of Nvidia's Recent Earnings Report https://earlybirdsinvest.com/the-best-and-worst-part-of-nvidias-recent-earnings-report/ https://earlybirdsinvest.com/the-best-and-worst-part-of-nvidias-recent-earnings-report/#respond Sat, 06 Sep 2025 01:21:32 +0000 https://earlybirdsinvest.com/the-best-and-worst-part-of-nvidias-recent-earnings-report/ Nvidia reported strong second-quarter fiscal 2026 results, but investors didn’t seem overly impressed.

Artificial intelligence (AI) chip giant Nvidia (NVDA -2.78%) recently reported strong second-quarter earnings for its fiscal year 2026. Not only did Nvidia beat Wall Street estimates, but the company’s board of directors also approved the addition of $60 billion to its share repurchase program, which will help increase earnings per share by lowering the outstanding share count over time.

Despite what looked like strong numbers, Nvidia’s stock didn’t react too well and fell following the release. Ultimately, there were both positive and negative aspects from the print. Interestingly, I found one aspect to be both the best and worst part of Nvidia’s earnings report.

China remains a big variable

In the second quarter, Nvidia reported $1.05 adjusted earnings per share on $46.74 billion of revenue, both of which beat estimates. Nvidia also guided for revenue in the current quarter to hit $54 billion, about $900 million ahead of Street forecasts. However, investors seemed slightly miffed by performance in Nvidia’s data center business. Despite growing 56% year over year, the number came up slightly short of estimates.

Person holding documents and looking at laptop.

Image source: Getty Images.

Part of the shortfall came from a decline in sales of Nvidia’s H20 chips, which it sells to businesses in China, in accordance with previous government restrictions. The company has not been able to sell its most advanced chips to China over national security concerns, specifically regarding what China might try to build with these AI capabilities.

These concerns have been ratcheted up under the Trump administration, which earlier this year required Nvidia to obtain export licenses in order to sell to China. In the first quarter of the year, Nvidia took a $5.5 billion charge due to prior built-up inventory and purchase commitments.

Nvidia CEO Jensen Huang appeared to be making progress with President Donald Trump, agreeing to give 15% of the company’s China sales to the U.S. government if it could sell in the country. Nvidia is also reportedly building a scaled-down Blackwell chip, which is more advanced than the H20 chip, that the government might allow the company to sell in China. However, right before earnings, media outlets reported that Nvidia had instructed its suppliers to stop making the H20 chips after the Chinese government told domestic companies to avoid Nvidia chips due to its own security concerns.

Management on the company’s earnings call noted that if geopolitical issues are solved, Nvidia could earn an additional $2 billion to $5 billion of revenue from H20 chip sales in the current quarter. But right now, that is not factored into the company’s guidance. Furthermore, Huang said the opportunity in China in 2025 would have been $50 billion “if we were able to address it with competitive products.” He continued, “And if it’s $50 billion this year, you would expect it to grow, say, 50% per year, as the rest of the world’s AI market is growing as well.”

Upside potential

The worst part of the quarter might have been the news about Nvidia having to suspend H20 chip production and seeing the Chinese government tell local companies to avoid Nvidia’s chips. However, there seems to be a real possibility that Nvidia will eventually be able to sell its products in China, and perhaps even more advanced chips than it had been selling.

In my opinion, this is also in a way the best part of the quarter because the stock and company are performing well without revenue from China, which is clearly material. While the government has reservations about selling U.S. chips in China, it probably would prefer a U.S. company to sell them over Chinese companies. The Wall Street Journal recently reported that Alibaba is working on a chip to fill the void left by the H20 chip. While Chinese companies don’t have the same chip capabilities as Nvidia right now, that could change one day.

So the opportunity to eventually reignite a business in a fast-growing market where the opportunity is tens of billions in additional annual revenue growth is the most exciting part of Nvidia’s recent quarter and near-term future prospects. Nvidia currently trades around 38 times forward earnings, which is above its five year average of 34.4.

That’s not cheap, especially for such a large company. However, given that revenue is expected to keep growing at a healthy clip and the potential upside from China, I do think investors can continue to buy the stock, although dollar-cost averaging is likely the best strategy right now with the stock trading at a stretched valuation.

Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool recommends Alibaba Group. The Motley Fool has a disclosure policy.

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XRP: Move That Opens $5, Dogecoin (DOGE): Worst Pattern in 2025? Ethereum (ETH): Secret Price Danger https://earlybirdsinvest.com/xrp-move-that-opens-5-dogecoin-doge-worst-pattern-in-2025-ethereum-eth-secret-price-danger/ https://earlybirdsinvest.com/xrp-move-that-opens-5-dogecoin-doge-worst-pattern-in-2025-ethereum-eth-secret-price-danger/#respond Tue, 12 Aug 2025 03:16:47 +0000 https://earlybirdsinvest.com/xrp-move-that-opens-5-dogecoin-doge-worst-pattern-in-2025-ethereum-eth-secret-price-danger/
  • Dogecoin’s top
  • Risk factor for Ethereum

Technical indicators of a possible price squeeze are being displayed by XRP as its chart patterns and market dynamics suggest a major move is imminent. The asset is still in a local uptrend, but underlying signals indicate that volatility may soon reappear. The convergence of moving averages is one of the major advancements.

Closer proximity of the 20, 50 and 100-day moving averages produces a compression effect that frequently precedes abrupt breakouts or breakdowns. A time of consolidation, when buyers and sellers are in relative balance, is reflected in this technical squeeze, but this equilibrium rarely endures. Consolidation phases are often characterized by a steady decline in volume. 

Article image
XRP/USDT Chart by TradingView

Reduced trading activity can be deceptive because it could conceal mounting pressure below the surface. Significant directional moves have frequently followed prolonged periods of low volume in XRP’s price action once volume has returned. A descending trendline formed from recent highs adds to the mix. Upside attempts have been capped thus far by this overhead resistance, drawing a clear line of battle between bulls and bears. 

With strong supporting volume, XRP must decisively break above this descending resistance in order for the uptrend to pick up steam. The local uptrend is unaffected by these technical limitations. It appears that buyers are still defending important support levels and setting up for a possible breakout as higher lows keep forming. 

XRP may swiftly retest the $3.40-$3.50 range if it is able to break through the descending trendline. Failure to break out though could result in a retest of lower supports at $3.06 or even $2.82.  

Dogecoin’s top

Dogecoin’s price movement is forming a possible local double top — one of the least desirable chart patterns for bulls. Following DOGE’s unsuccessful attempt to break through the $0.30 zone in late July and its subsequent attempt in early August, which ended at a lower high close to $0.27-$0.28, the pattern is beginning to take shape. If confirmed by a breakdown below important support, a double top can signal a reversal and frequently signals waning bullish momentum.

Given that several moving averages have converged below the current price, Dogecoin’s support is currently located between $0.21 and $0.22. The 50-day moving average crossing above the 200-day moving average is known as a golden cross, and DOGE is getting close to this bullish event. 

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Title news

Nevertheless, a strong follow-through is not supported by the current circumstances. The golden cross may not produce a long-term upward trend because price momentum is slowing, and there has not been a breakout to new highs. Additionally, volume data is not something you would desire right now.  

If selling pressure rises, lower volume might facilitate the traction of downward price movements. There is no strong directional momentum or notable divergence that would suggest an impending breakout, as indicated by the Relative Strength Index (RSI) being flat in the neutral zone around 50-55. The double top pattern is still possible if Dogecoin does not make a strong recovery and move above $0.28. 

Risk factor for Ethereum

After weeks of steady growth, Ethereum recently broke through the $4,400 barrier, continuing its strong bullish run. But even with the price action we are seeing right now, there are warning signals flashing. The Relative Strength Index’s (RSI) bearish divergence is the most notable one.

The RSI has failed to follow the price, forming a lower high in place of the higher high that the price of ETH has printed relative to its previous local peak. Even as the price rises, this divergence frequently indicates that the rally’s momentum is waning. In the past, these trends have come before brief declines or consolidations, particularly following protracted rallies. 

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Title news

The recent upward legs of decreasing short-term trading volume adds to the bearish outlook. Even though there are sporadic high volume spikes on the chart, which is a great indication of market activity, the daily volume trend is generally declining. This might suggest that fewer traders are prepared to pursue the rally at the current levels, which would raise the possibility of corrections driven by volatility. 

Regarding volatility, the wide range of ETH’s price fluctuations indicates that the market is still experiencing intense emotional volatility. Risks are increased even though this may present chances for rapid gains, especially if the divergence materializes and leads to a more thorough retracement.

Though traders should stay vigilant, ETH is currently showing strong bullish momentum. The impact of the divergence could be confirmed and a pullback toward the $3,950-$4,000 range could be possible, if there is a break below the short-term supports that are currently in place, especially those in the $4,250-$4,300 range. On the other hand, if bulls are able to maintain volume and disprove the divergence, Ethereum may continue to rise to new heights.

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US Dollar Witnesses Worst First-Half Performance in 52 Years As Money Supply Explodes To $21,942,000,000,000 https://earlybirdsinvest.com/us-dollar-witnesses-worst-first-half-performance-in-52-years-as-money-supply-explodes-to-21942000000000/ https://earlybirdsinvest.com/us-dollar-witnesses-worst-first-half-performance-in-52-years-as-money-supply-explodes-to-21942000000000/#respond Sun, 06 Jul 2025 11:34:57 +0000 https://earlybirdsinvest.com/us-dollar-witnesses-worst-first-half-performance-in-52-years-as-money-supply-explodes-to-21942000000000/

The US dollar index (DXY) has suffered its steepest first-half decline in over half a century amid new all-time high levels for the country’s money supply.

The DXY witnessed a 10.8% drop in the first six months of 2025, the worst since its 14.8% decline in the first half of 1973, back when Richard Nixon was the country’s president, reports Bloomberg.

The dollar dumping comes as the US money supply has exploded to a new record high.

The latest data from the Federal Reserve Bank of St. Louis (FRED) shows that M2, which tracks the total amount of readily available money circulating in the US financial system, stood at $21.942 trillion as of May 2025, shattering its previous peak of $21.749 trillion recorded in April 2022.

Source: FRED

As the amount of money surges in the country, JPMorgan’s co-head of global FX strategy, Meera Chandan, says that the second half of the year will likely not be better for the American currency.

In a new episode of JPMorgan’s Making Sense podcast, Chandan expects the dollar to perform poorly against other major currencies in the coming months amid Europe’s improving fiscal outlook and America’s rising deficits and national debt.

“The outlook is still bearish across the board. I think it’s going to be very hard for us to move the needle here to change our view there. I mean to put specific targets, we’ve got the euro/dollar projected to $1.20 to $1.22, dollar/CNY (Chinese yuan) 7.10 CNY, dollar/yen 140 JPY. 

So as you can tell, it’s still a pretty bearish view and a broad-based one at that, including for cyclical currencies such as the Aussie dollar, we’re looking for a $0.68. And the reason behind it is very much the same reasons why we turned bearish earlier in the year, which is that the US data is going to moderate, catch down to the rest of the world. You have obviously the European fiscal policy, which has turned more growth-supportive, which is helping fiscal policy outside of the US wherever possible, will turn more growth-supportive. 

And finally you do have the US structural issues that one does have to assign some discount to, but overall, the view is unchanged and still squarely dollar bearish.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Bitcoin Miners HODL Through Worst Payout in a Year: CryptoQuant https://earlybirdsinvest.com/bitcoin-miners-hodl-through-worst-payout-in-a-year-cryptoquant/ https://earlybirdsinvest.com/bitcoin-miners-hodl-through-worst-payout-in-a-year-cryptoquant/#respond Sun, 29 Jun 2025 21:59:34 +0000 https://earlybirdsinvest.com/bitcoin-miners-hodl-through-worst-payout-in-a-year-cryptoquant/

Bitcoin may be struggling to rally past its all-time high of $112,000, but miners are going through a tougher time. They have recently recorded some of their worst paydays in history.

On-chain data, including the Miner Profit/Loss Sustainability metric, analyzed by the market intelligence platform CryptoQuant, revealed that miner revenues have declined significantly. However, this has not triggered any form of panic selling among them.

Miner Revenues Plummet

According to the report, miners are the most underpaid they have been in a year. On June 22, daily revenues fell to a two-month low of $34 million due to lower transaction fees and the latest plunge in bitcoin’s (BTC) price. CryptoQuant said the figure is the lowest since April 20.

While miner revenues remain low, the hashrate of the Bitcoin network has also declined slightly. This metric has plummeted 3.5% since June 16; while CryptoQuant sees this as a small drawdown, it is the largest plunge since July 2024. The Bitcoin network hashrate fell 8.4% in July 2024 as miner revenues dropped following the halving that slashed block rewards from 6.25 BTC to 3.125 BTC.

Regardless of the low revenues, miner outflows have dropped, indicating that selling is still muted. Bitcoin transfers from miners to crypto exchanges have fallen from a daily peak of 23,000 BTC in February to about 6,000 BTC currently. CryptoQuant said miners are not selling as much as they used to because they are still enjoying 48% Net Unrealized Profit/Loss operating margins.

Still Room for Growth

Notably, miners have not recorded any days of extremely high flows to exchanges since February. In fact, large miners have been replenishing their reserves.

CryptoQuant’s analysts found that miner addresses holding between 100 BTC and 1,000 BTC have expanded their collective holdings from 61,000 BTC on March 31 to 65,000 BTC currently. This is their highest level since November 2024, when reserves fell below 71,000 BTC after BTC rallied past $100,000 for the first time. The spike in reserves further solidifies the belief that there is no selling pressure from them at bitcoin’s current price levels.

Additionally, miners from the Satoshi era have only sold 150 BTC so far this year, compared to roughly 10,000 BTC last year. This cohort of market participants often sells during strong rallies, indicating market tops. Since they have refrained from selling so far, it implies that BTC still has more room for growth.

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Dogecoin Follows Bearish June Trend With over 4% Losses – Is The Worst Over? https://earlybirdsinvest.com/dogecoin-follows-bearish-june-trend-with-over-4-losses-is-the-worst-over/ https://earlybirdsinvest.com/dogecoin-follows-bearish-june-trend-with-over-4-losses-is-the-worst-over/#respond Mon, 09 Jun 2025 08:50:19 +0000 https://earlybirdsinvest.com/dogecoin-follows-bearish-june-trend-with-over-4-losses-is-the-worst-over/

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the case, then there is still a long way to go for the meme coin, as historical data suggests that there is more decline to come.

4% Losses May Not Be The End

According to data from the CryptoRank website, the Dogecoin price is already down 4.57% in the month of June. But going by the performance of previous years leading up to 2025, this is still quite low compared to how much further the price could crash.

For example, the Dogecoin price suffered a 21.9% decline in June 2024 and a 7.18% crash in June 2023. Going further back, there was a loss of 23.3% back in June 2022 and then a similar loss of 23.9% back in June 2021. The latter’s performance is even more important because the 23.9% decline happened in the height of the crypto bull market.

Overall, the month of June has rarely ended well for the meme coin’s price, with only two green monthly closes in its over 11 years of existence. The average return for June is the lowest at -7.11% for the Dogecoin price, and the second lowest median return of -8.56%, second only to August’s median returns of -9.98%.

Dogecoin price June
Source: CryptoRank

Sticking to this average, a further decline could happen as the Dogecoin price moves closer to the average return for the month. A similar trend would see the price go toward the -7% territory before the month is over.

Can The Dogecoin Price Defy The Odds?

With Donald Trump’s tariff war against countries like China still in full swing, the crypto market is still feeling the effects as prices remain low. Altcoins like Dogecoin have suffered the brunt of the decline, and a continuation would push their prices further down.

However, the machine learning algorithm on the Coincodex website has predicted a possible retracement upward that could push the Dogecoin price back toward the green this month. It suggests a recovery above $0.21 by the end of June, which would mean an over 10% increase in price from here.

Dogecoin price
Source: X

Open interest has also remained relatively stable this month, ranging above $1.9 billion, Coinglass shows. This means there is still sustained interest in trading the meme coin, with sentiment skewing toward bullish territory as the Bitcoin price remains above $100,000.

Dogecoin price chart from TradingView.com
DOGE price moves toward support | Source: DOGEUSDT on TradingView.com

Featured image from Dall.E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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Ripple Price Analysis: Is the Worst Over for XRP After 10% Weekly Correction? https://earlybirdsinvest.com/ripple-price-analysis-is-the-worst-over-for-xrp-after-10-weekly-correction/ https://earlybirdsinvest.com/ripple-price-analysis-is-the-worst-over-for-xrp-after-10-weekly-correction/#respond Sun, 30 Mar 2025 19:22:56 +0000 https://earlybirdsinvest.com/ripple-price-analysis-is-the-worst-over-for-xrp-after-10-weekly-correction/ Ripple recently faced rejection at the 100-day MA of $2.5, leading to a substantial decline.

However, the price is now approaching a confluence of key support zones, increasing the likelihood of consolidation in the mid-term.

XRP Analysis

By Shayan

The Daily Chart

XRP recently encountered heightened selling pressure at the critical 100-day moving average ($2.5), leading to a rejection and subsequent price retracement. However, the asset has now reached a significant support zone, which includes:

  • The 0.5 Fibonacci retracement level ($1.9)
  • The 200-day moving average ($1.7)
  • The expanding wedge’s lower boundary

This confluence of key support levels suggests strong demand in this price range, likely preventing further downward movement. Given these conditions, XRP is expected to approach this support range and enter a consolidation phase in the mid-term.

The 4-Hour Chart

On the lower timeframe, Ripple’s recent upward trend faced strong resistance, highlighting weak bullish momentum and a lack of buying pressure. This led to a notable bearish decline, pushing the asset toward the descending wedge’s lower boundary at $1.9, a key level that has repeatedly supported price action.

If XRP fails to hold above this level, further declines may follow. However, given the broader market conditions, the price is expected to stabilize and consolidate around this support range before its next major move.

The post Ripple Price Analysis: Is the Worst Over for XRP After 10% Weekly Correction? appeared first on CryptoPotato.

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‘The Worst Quarter in History’: Crypto Lost $1.64 Billion to Hackers in Q1 2025 https://earlybirdsinvest.com/the-worst-quarter-in-history-crypto-lost-1-64-billion-to-hackers-in-q1-2025/ https://earlybirdsinvest.com/the-worst-quarter-in-history-crypto-lost-1-64-billion-to-hackers-in-q1-2025/#respond Thu, 27 Mar 2025 16:36:25 +0000 https://earlybirdsinvest.com/the-worst-quarter-in-history-crypto-lost-1-64-billion-to-hackers-in-q1-2025/ In the first three months of 2025, the crypto ecosystem lost a whopping $1,635,933,800 across 39 incidents, according to the blockchain security platform Immunefi.

Immunefi’s latest report notes that “Q1 2025 marks the worst quarter for hacks in the history of the crypto ecosystem.”

Hacks were behind the majority of the $1.64 amount. Most of that was the result of only two hacks of two centralized exchanges. Phemex suffered a $69.1 million loss in January, while Bybit lost $1.46 billion in February.

Subsequently, the total number of losses in the first quarter marks a 4.7x increase compared to Q1 2024. At that time, hackers and fraudsters stole $348,251,217.

Notably, experts assume that the infamous North Korean Lazarus Group is behind the two largest attacks. They stole $1.52 billion, or 94% of total losses. This “marks a historic moment in crypto security,” says Immunefi Founder Mitchell Amador.

“The sheer scale of the Bybit and Phemex attacks, totaling $1.5 billion, shows how state-backed actors are arguably the most pressing threat to our industry,” Amador adds. “Their success in breaching renowned, battle-tested platforms is a reminder of the need for security measures that protect the entire stack and help projects prevent catastrophic attacks before they happen.”

Given that exchanges manage large sums of money, “even a small breach can result in hundreds of millions in losses,” the report states.

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Crypto Loss to Hacks Jumps 390%

Unsurprisingly, hacks were still the main cause of losses, accounting for 100% of the total losses compared to fraud.

The total loss due to hacks amounts to nearly $1.64, recorded across 39 specific incidents, representing a 390% increase compared to Q1 2024.

Given that the space saw no fraud incidents in this period, that represents “a significant decrease” compared to the same period in 2024. At that time, frauds, scams, and rug pulls caused a total loss of $14,665,817.

Meanwhile, BNB Chain surpassed Ethereum in Q1 2025, becoming the most targeted chain. These two chains together accounted for 76% of losses.

Interestingly, while centralized finance (CeFi) saw only two attacks in the year’s first quarter, it still became the primary target for exploits, given the massive amount lost. In comparison, there were no exploits of CeFi projects recorded in Q1 2024.

On the other hand, decentralized finance (DeFi) saw 38 incidents, yet recorded $106,833,800 in total losses. These numbers represent a 69% decrease compared to Q1 2024, when DeFi losses totaled $348,251,217, the report concludes.

Additionally, $6.5 million of the stolen funds was recovered in Q1 2025 – just 0.4% of the total losses.

Meanwhile, Immunefi has so far paid out over $112 million in total bounties and saved over $25 billion in user funds, it says. It currently offers over $180 million in available bounty rewards.

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The post ‘The Worst Quarter in History’: Crypto Lost $1.64 Billion to Hackers in Q1 2025 appeared first on Cryptonews.

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Is The Worst Yet To Come For XRP? Analyst Issues Dire Warning https://earlybirdsinvest.com/is-the-worst-yet-to-come-for-xrp-analyst-issues-dire-warning/ https://earlybirdsinvest.com/is-the-worst-yet-to-come-for-xrp-analyst-issues-dire-warning/#respond Sat, 01 Mar 2025 00:45:23 +0000 https://earlybirdsinvest.com/is-the-worst-yet-to-come-for-xrp-analyst-issues-dire-warning/

Este artículo también está disponible en español.

While the XRP price is already down -42% since its peak at $3.40 on January 16, renowned technical trader Josh Olszewicz (@CarpeNoctom) warns that the next leg downward may be imminent. Sharing his daily chart analysis on X, Olszewicz writes, “1D XRP: H&S + bearish kumo breakout watch,” signaling that two significant technical developments could push XRP prices lower in the near future.

Is XRP Poised To Crash Towards $1.24?

The mention of an “H&S” refers to the Head and Shoulders pattern, a well-known reversal formation in technical analysis. The pattern typically emerges after a substantial upward rally and includes three successive peaks, with the middle peak (the “head”) higher than the flanking peaks (the “shoulders”).

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In the case of XRP, Olszewicz’s chart suggests that the central head formed around $3.40 in mid-January, while the shoulders appear to be topping out between $2.83–$2.90. Technical analysts pay close attention to the “neckline,” which generally runs along a key support level beneath the peaks. When the price decisively breaks below this neckline, it is viewed as confirmation that selling pressure has overwhelmed buying interest, often leading to further downside.

XRP price analysis
XRP H&S and bearish kumo breakout watch | Source: X @CarpeNoctom

Olszewicz’s comment also highlights the phrase “bearish kumo breakout,” referencing the Ichimoku Cloud system, another prominent tool for charting and forecasting price momentum. Ichimoku Cloud analysis projects multiple moving averages forward on the chart and creates a “cloud” of support or resistance levels.

A bearish kumo breakout arises when the price action clearly drops below the Ichimoku Cloud and the future cloud itself shifts in a way that indicates weaker bullish momentum. The core idea is that once an asset’s price slips under the cloud, a further decline becomes more likely, since the cloud that previously acted as support is no longer providing a cushion.

From the chart Olszewicz provided, the current price action around $2.18 sits just above a conspicuous support area in the $2.00 region, which he interprets as the neckline for the Head and Shoulders pattern. If that zone gives way, bears could potentially dominate the market, with Fibonacci levels marked on the chart pointing to a possible first stop near $1.94, followed by an even steeper target.

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The chart appears to highlight a 161.8% Fibonacci extension level at around $1.24, which could come into play if selling accelerates. The presence of these Fibonacci levels does not guarantee a breakdown to those lows, but notably, a typical breakdown from the h&s pattern could spell even more doom.

The profit target for the pattern is generally the price difference between the head and the low point of either shoulder. This difference is then subtracted from the neckline which could position the XRP price even below $1.00.

Despite the stark warning about an impending “massive” price crash, it is crucial to note that Olszewicz’s commentary, “1D XRP: H&S + bearish kumo breakout watch,” should be viewed as an alert for traders rather than an irreversible prediction. Technical setups can fail if bullish momentum returns or if broader market fundamentals shift, but for now the entire crypto market seems driven by extreme fear.

At press time, XRP traded at $2.03

XRP price
XRP still holds above $2.0, 1-day chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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US withdrawal from WHO might not be the worst thing in the long run. Here’s why. https://earlybirdsinvest.com/us-withdrawal-from-who-might-not-be-the-worst-thing-in-the-long-run-heres-why/ https://earlybirdsinvest.com/us-withdrawal-from-who-might-not-be-the-worst-thing-in-the-long-run-heres-why/#respond Mon, 17 Feb 2025 11:05:27 +0000 https://earlybirdsinvest.com/us-withdrawal-from-who-might-not-be-the-worst-thing-in-the-long-run-heres-why/

Shortly after his inauguration, President Donald Trump took a set of thick, black permanent markers and signed a sweeping set of executive orders that took aim at everything from immigration and gender to TikTok and climate change. One of his first moves was to withdraw the US from the World Health Organization (WHO), the United Nations’ global health agency responsible for safeguarding and promoting health around the world since 1948.

The US is one of the WHO’s biggest funders, so any shortage of financial and political support will likely have major ramifications for global health efforts like eliminating malaria, improving access to high-quality health care, and reducing maternal mortality. While that may not directly matter to rich countries like the US that have the means to address their own health challenges, one of the WHO’s most important jobs is to help coordinate the international response to pandemics and outbreaks — events that can threaten everyone, regardless of borders, as we learned during Covid-19.

To Trump and his supporters, the WHO’s perceived failure on that job is one of the biggest reasons why the US should withdraw. Chief among Trump’s complaints are the WHO’s mishandling of the Covid-19 pandemic and other global health crises, its failure to reform, and its inability to demonstrate independence from powerful but authoritarian WHO member states, namely China.

Trump’s decision has engendered plenty of criticism, including from experts who argue that the US could suffer if it loses access to vital WHO data on outbreaks. Still, the WHO is far from perfect, and even before Trump, scientists, think tanks, and government bodies have been pointing out the WHO’s myriad problems, from the lack of term limits for senior leadership to its massive budget for headquarters staff who are paid additional stipends (around $5,000 to $7,000 per month) to cover the cost of living in Geneva, one of the world’s most expensive cities.

I’ve seen the inefficiencies and mismanagement first hand: In my almost 10-year career as a global health epidemiologist, I have interacted with the WHO on many occasions, including, at times, coordinating with them to respond to disease outbreaks in Africa. Like Trump, my biggest complaint is that the organization has shown it is loath to reflect on and address its deficiencies — deficiencies that matter hugely when it has been given the monumental responsibility of safeguarding the world’s health. There has always been some intangible and unspoken sense that the WHO cannot be wrong and cannot be questioned, even after it was clear that it bungled certain aspects of the Covid-19 pandemic.

But while the WHO is far from perfect, many of its flaws are symptoms of more fundamental challenges that go beyond how it is governed. Balancing the need to respond to international health threats while respecting national sovereignty means cooperation is a fine line — and it’s one that’s becoming harder for the agency to walk.

For the WHO to survive, it needs to improve. And for the US to have the best chances of protecting itself from future global health emergencies — especially as the Trump administration also works to dismantle the United States Agency for International Development, another key player in global health and development — it still needs the WHO. But it needs a better one.

What Trump gets right — and wrong — about WHO

In his executive order, Trump reiterated many of the same issues he raised five years ago when he first threatened to withdraw from the WHO.

One of Trump’s biggest complaints was that the agency was too slow to alert the world of an emerging health threat in China and to move to contain its spread. Local newspapers had been reporting that a mysterious illness was spreading around Wuhan as early as November 17, 2019, a fact backed up by genetic analysis.

But Chinese health authorities didn’t alert the WHO — which the country was required to do under a legal framework called the International Health Regulations — to a spate of patients with an unknown pneumonia-like disease until December 31. By then, valuable time to contain the disease had been lost, though it is Beijing, not WHO, that is largely at fault for this lag.

Still, while the WHO has limited if any power to compel China or any other country to act, the body should have been more proactive in November and December.

“WHO has country offices, WHO has relationships with Ministries of Health. I would argue they certainly should have been aware this was happening,” said Ashish Jha, the dean of Brown University’s School of Public Health and the White House Covid-19 response coordinator during the Biden administration. “It was showing up in a lot of media, social media, and they should have pushed the government to say, what is this? What is going on here, and why don’t we know more about it?”

Within five days of learning about the unusual cases in China, the WHO had alerted its member states. But the WHO’s Director-General Tedros Adhanom Ghebreyesus traveled to China and, instead of confronting the government about its obfuscation, heralded Beijing’s response to the outbreak. And then the WHO consistently parrotted inaccurate information from the Chinese government — namely that the virus was not spreading from person to person — to the rest of the world for weeks.

While the WHO proclaimed Covid-19 a public health emergency in late January, the messaging from the highest levels of WHO in those early months, when officials believed it was still possible that Covid could be contained, was too often confusing.

“For the moment, we are not witnessing sustained and intensive community transmission of this virus, and we are not witnessing large-scale severe disease or death,” Ghebreyesus said during a briefing in late February. That was simply untrue. By that time, China had reported almost 80,000 cases and nearly 3,000 deaths from Covid-19, while 37 other countries were also reporting cases and deaths.

It also took the WHO two years, until late 2021, to finally acknowledge that Covid-19 was airborne, despite the mountain of evidence that scientists had amassed just six months after the first cases. A WHO spokesperson pushed back against this. “From January 2020, WHO said transmission was occurring between people when they breathe, talk (later sing) and especially in settings like hospitals, households and long term living facilities,” a spokesperson told Vox by email. While some of this confusion stemmed from longstanding disagreement on what exactly constitutes airborne spread, as late as March 2020 the WHO was still confidently tweeting, “FACT: #COVID19 is NOT airborne,” even as people were being infected through the air.

WHO Director-General Tedros Adhanom Ghebreyesus

WHO Director-General Tedros Adhanom Ghebreyesus at a daily press briefing on Covid-19 on March 11, 2020.
Fabrice Coffrini/AFP via Getty Images

Trump has also repeatedly criticized the WHO for not fully investigating the theory that the Covid-19 virus originated from virological work in a laboratory in Wuhan, rather than the conventional explanation that it began in wild animals sold at a meat market. The WHO sent a team of investigators to China in 2021, but Chinese scientists refused to discuss the so-called “lab leak” theory and then pressured investigators to dismiss the possibility altogether, according to the lead scientist on the team.

Again, though, the WHO has no authority to compel member states to turn over data or to cooperate on investigations. In fact, the WHO cannot even work inside a member state without that country’s permission. This is certainly a limitation of the WHO, but that’s because it answers to its member states — it is not some sort of supra-national health policy enforcement body.

Beyond Covid, Trump has also griped that the WHO requires the US to make “unfairly onerous” payments, because US dues exceed the payment the organization demands of China, which has about four times the number of people as in the US.

The WHO is funded in two ways. The first is through assessed contributions, essentially membership dues, that each WHO member state is required to pay each year. The United Nations has a process for determining how much each country owes, but it’s essentially based on a country’s gross domestic product (GDP), not its population size.

US GDP in 2023 was about 1.5 times higher than China’s. That year, the US was required to pay the WHO $218 million, about two times more than China was assessed. So while the US does pay more than China, that difference is almost, though not quite, proportional to GDP.

Assessed contributions, however, make up less than 20 percent of the WHO’s total funds. Its other funding comes from voluntary contributions from member states and non-governmental donors, such as the Bill and Melinda Gates Foundation.

Here is where the US and China make vastly different contributions to the WHO. In 2023, China gave the organization about $40 million in voluntary contributions plus an additional $935,000 toward an emergency fund on top of its assessed contribution, while the US government donated more than $1 billion in voluntary funds and about $47 million toward the emergency fund. In all, that meant the US gave the WHO about $1.27 billion in 2023, about 18 percent of their total budget, while China gave about $156 million when you tally up all contributions. So while the US does give vastly more to the WHO than China, most of that is in voluntary donations.

Of course, the US doesn’t have to pull out of the WHO altogether to rectify this situation — it could simply choose to donate less to the WHO, or mandate that its contributions come with reform. And the institution does need reform.

Who’s at fault at WHO, explained

Covid wasn’t the first time the WHO came under international fire. Take the 2014 Ebola outbreak in West Africa.

The organization was criticized back in 2014 for its long delay in declaring the outbreak a public health emergency, which hindered swift containment measures that could have prevented the virus from spreading across borders. From the start, the WHO fundamentally underestimated the severity of the outbreak — Ebola would go on to kill more than 11,000 people primarily in Guinea, Liberia, and Sierra Leone, with scattered cases reported in the US and several European countries, too. It ultimately took the WHO and its partners two years to get the Ebola outbreak under control.

Despite the number of deaths, Ebola’s spread was limited largely because it isn’t a respiratory disease like Covid-19; rather it spreads through direct contact with an infected person’s bodily fluids. But that fact makes the failure to contain Ebola all the more glaring.

To be fair, all outbreak and pandemic responses are chaotic, especially when an entirely novel virus like Covid starts spreading. New information is constantly emerging, and a lot of different individuals and institutions have to come together to coordinate the flow of information and the rollout of interventions or recommendations, even as the full picture of the outbreak is inevitably unclear. Outbreaks often happen in far-flung areas that lack health care workers, hospitals, laboratories, and even roads and internet. Cultural practices, economic conditions, and a preexisting lack of trust in politicians and health officials further complicate responses.

A health worker waits to handle a new unconfirmed Ebola patient

A health worker waits to handle a new unconfirmed Ebola patient at a newly built Doctors Without Borders-supported Ebola treatment center on November 7, 2018, in the Democratic Republic of the Congo.
John Wessels/AFP/Getty Images

The WHO also came under fire for delaying the dissemination of vaccines to help curb an ongoing mpox outbreak which began in May 2022 and spread to more than 120 countries before the virus became largely confined to central and eastern Africa.

In mid-2022, the US and EU approved an mpox vaccine made by the Danish pharmaceutical company Bavarian Nordic. But the WHO, which has its own process for reviewing and approving drugs and vaccines, did not approve the vaccine until September 2024.

That delay mattered. For one, other organizations like UNICEF and Gavi that play a critical role in procuring and distributing vaccines in developing countries require WHO approval before they can move forward with vaccination campaigns. Many developing countries do not have or have only pared-down versions of drug regulatory agencies so they also rely on the WHO to approve medicines before they roll them out in their countries, explained Rogério Gaspar, the director of WHO’s Department of Regulation and Prequalification. And so when it came to the mpox vaccine, many countries — especially in Africa, where the outbreak was most severe — were waiting for the green light from WHO before they could roll out the needed vaccines, even though the US and Europe had already approved them.

The WHO blames the long delay on Bavarian Nordic. The WHO claimed that the company did not submit the mpox vaccine for review until August 2024, some two years after the mpox outbreak had begun, and that once it did, the WHO approved it within two weeks, according to a WHO spokesperson.

But Bavarian Nordic refutes this timeline. A spokesperson told Vox that the pharmaceutical company first met with WHO in August 2022 and submitted a dossier on the vaccine in May 2023. The dossier they submitted to the WHO contained the same information that led to the European Medicines Agency, the equivalent of the FDA, approving the vaccine for use in Europe. It isn’t clear why the WHO didn’t act sooner. Back in August 2024, the WHO director of health product policy and standards, Deusdedit Mubangizi, told reporters that there wasn’t enough data to support its approval. But now, it seems, the WHO has changed its story, ducking accountability once again.

The entire process has frustrated some public health experts. “It’s almost like WHO saying, hey, we’re not responsible for our own process,” Jha said. “This is the lack of accountability. It’s everybody else’s fault.”

(A WHO spokesperson pointed out that member states did not have to wait until the WHO’s review was complete to buy and distribute the vaccines.)

Over the years, the WHO has tried to address its critics through a laundry list of reform efforts — and there has been some improvement. Between 2020 and 2022, smaller Ebola outbreaks in the Democratic Republic of the Congo, Uganda, and Guinea have been contained in just a few months. That’s a hopeful signal the organization has potentially improved not only its own ability to quickly respond to outbreaks, but has also helped build member states’ capacity to detect and contain health emergencies. It also helps that since 2014, scientists have also developed a number of vaccines and treatments that would certainly help quell an outbreak.

Still, while there were improvements in the Ebola response that can be attributable to the WHO, the organization’s dismal performance during the Covid-19 pandemic suggests that these reforms remain insufficient. And the bigger issue is that the WHO simply cannot admit its mistakes. The organization has still not come out and listed the errors it made during the Covid-19 pandemic. Though the WHO convened an independent panel of experts to review the international response to Covid-19, the panel’s reports largely focus on the failures of WHO member states and say little about the WHO’s own shortcomings.

“There is very little interest at WHO in introspection,” Jha said. “There’s very little interest in WHO in figuring out how to do better.”

And given how enormous — and how difficult — the WHO’s responsibilities are, that introspection is needed.

The WHO’s impossible task

The WHO’s mission is to foster global public health, but what that means in practice depends on what counts as global. As it stands, its 194 member states (193 without the US) have tasked the organization with outbreak prevention and response and other responsibilities that impact nearly all countries. That includes setting international health standards and collecting data on an ever-increasing list of health priorities ranging from maternal and child health and nutrition to sanitation and clean water. But some of the WHO’s work focuses on supplementing national health programs and filling gaps that benefit individual nations — specifically those with the least resources — rather than the world as a whole.

Those responsibilities fit poorly with a Trump administration that is bringing an America First approach to health — and other countries are taking notice. Argentina has announced that it also plans to withdraw from the WHO, while Italian politicians have introduced legislation that would do the same. Other European countries have slashed global health aid budgets in recent years.

That the US cannot remain a WHO member while also consciously putting itself first highlights a friction in the field. Is global health about containing dangerous outbreaks so they don’t breach your own border and pose a threat to national security? Or is global health about saving lives and improving the health of everyone, regardless of their nationality? Can competing nation-states like China and the US set aside their political warfare and come together on one issue — health — or has the time for international cooperation finally ended?

One way to address that contradiction would be for the WHO to scale back on the number of health areas it is involved in and focus primarily on issues that actually transcend borders. This would include infectious diseases — but only those that present a truly global threat.

The WHO itself puts together a list of pathogens with the potential to cause a pandemic. It includes familiar diseases such as West Nile, Zika, Ebola, and Covid-19. Many of these have already caused deadly outbreaks and pandemics. Something else that transcends borders: products such as cigarettes or baby formula. The WHO might also have a role to play in regulating the safety of these products, according to Jesse Bump, a public health professor at the Harvard T.H. Chan School of Public Health.

This recommendation is not to say that newborn and maternal health or access to clean water are not important, life-saving services that everyone on Earth should have. But these represent more national health priorities for the countries dealing with these issues and not truly global threats.

Without some form of additional support, paring down the WHO’s focus areas would have fatal consequences for some places. Particularly in low-income countries, the WHO serves as a lifeline of essential health services and often fills many of the responsibilities that national health agencies in wealthy nations like the US handle, a WHO spokesperson explained.

Of course, the fact that the WHO is tasked with addressing so many different areas of health fundamentally reflects both the massive health disparities around the world and the way the organization is funded. Consider the health challenges that a country like the US faces compared to many developing countries. In places like Niger, Papua New Guinea, Chad, and the DRC, more than half of the population does not have access to clean drinking water or basic water services. More than 50 percent of people in Somalia and Haiti are malnourished. In southern Africa, HIV is still a leading cause of death; in parts of West Africa, malaria is a leading cause of death.

In much of the global north, by contrast, these health challenges are virtually nonexistent, and where they are present, it’s because of national priorities, not a lack of national resources.

Consider as well the drastic difference in the health workforce around the world. In many low- and middle-income counties, there are major shortages of doctors and nurses, not to mention specialists such as neurologists or surgeons. In more than 50 countries, mostly in Africa and the Middle East, there are fewer than one doctor per 1,000 people in the entire country. The US has almost four times as many doctors per capita.

What this means is that the state of health and health care is so grossly unequal across countries that one organization cannot possibly address them all while also ensuring that every member states benefits equally from their WHO membership.

And the benefits are unequal, at least in strict financial terms. Last year, countries in Africa and the WHO’s Eastern Mediterranean region — which includes parts of North Africa and the Middle East including some very poor and conflict-afflicted member states such as Afghanistan, Yemen, Syria, Somalia, and Sudan — received $2.9 billion, almost half of the WHO’s $6.8 billion budget. The region of the Americas, which includes the US, received the least amount of funding, just over $300 million. But even here, it’s important to understand that the inequality in who gives and who gets from the WHO is largely a function of the fact that some regions and countries simply have a massively greater need for international aid.

It’s important to remember that the WHO has limited control over its own agenda. It is member states themselves who vote on the organization’s scope of work and approve its budget. Beyond the required payments, countries and other donors can earmark their voluntary funds for specific causes. The US, for instance, earmarks more than half of its funds for epidemic prevention or response and polio eradication while Nordic countries typically focus their funding on maternal health.

This approach to funding helps the WHO account for individual member state priorities but also allows countries to use funds to influence the WHO’s scope of work. Ultimately, it means that the WHO has little choice but to expand and scatter its workforce to make sure every country’s pet projects get completed.

Is there any room for WHO in America First?

Short of remaking the WHO into an institution under the leadership of the US government, it’s difficult to imagine that any amount of reform will satisfy the current administration. The organization’s mission is completely misaligned with Trump’s “America First” agenda. In the WHO, as in most other UN international bodies, America does not come first. It has the same vote as every other member state, even though the US contributes more money than any other country.

But despite its many shortcomings, the US needs the WHO. Only an international health agency such as the WHO can overcome the nuanced complexities of economic competition, geopolitics, and even outright war, to respond to global health emergencies. The WHO serves as a bridge for sharing information and even biological samples of pathogens, which is critical for understanding how a disease will spread and for developing medicines and vaccines.

Trump’s vision of global health or public health, for that matter, is unclear. Just as unclear is whether Trump’s executive order on the WHO is even legal. Members of Congress have asked Trump to reconsider. Though the full impact of the US withdrawal will probably not be felt for about a year, the WHO’s director-general has already ordered a hiring freeze, mandated that some contracts be renegotiated, and directed staff in country offices to provide only essential support.

As the WHO adapts to a future without US investment, the Trump administration is also gutting other key global health efforts. This month, thousands of USAID staff were laid off, leaving only about 300 employees of a once 10,000-person workforce. It isn’t yet clear what global health areas the drastically smaller agency will work on — or whether it will exist at all — and it wouldn’t be surprising if the administration goes after other global health initiatives like the ones led by the Centers for Disease Control and Prevention.

American retreat from both the WHO and its own broader global health efforts paradoxically makes the case for WHO reform all the more important. Many complaints about how the WHO does its work are valid, especially given its reluctance to confront mistakes. But much of what it is criticized for is built into the way the institution itself operates or reflects a world with hugely varying health problems and national abilities to meet them. Still, the WHO must do better because it is the only organization uniquely placed to bridge diplomatic tensions and address international health threats. The most hopeful read on Trump’s action will shock the bureaucracy into action, and lead the Trump administration to ultimately realize that an American-first approach must include the WHO.

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