Why BlackRock is Hoarding 6X More Bitcoin Than Miners Produce

A Bitcoin supply shock is building. Institutions and ETFs are buying faster than miners can keep up - creating a shortage most investors haven't noticed. If Bitcoin hits $300K, altcoins could explode 1,000%+. We wrote Crypto Revolution to help you prepare.

Ron Desantis Takes A Dig At California, Says State Officials Living In A 'Leftist Information Bubble' Amid Unrest — Spring Break Crackdown A Model Response, Says Florida Governor

Shivdeep Dhaliwal
June 08, 2025

Florida Governor Ron DeSantis (R) criticized California state officials for their handling of recent unrest in the state, citing the Miami Beach spring break as an example of effective problem-solving.

What Happened: Sunday, DeSantis said on X, “Not surprising to see CA state officials living in a leftist information bubble. Miami Beach spring break is a great example of responding to a problem and fixing it.”

Spring break is a week-long vacation period, typically from late February to mid-April, when U.S. college students flock to warm-weather destinations--especially Florida--for sun, partying, and relaxation. It originated in the 1930s as a swim team training trip and evolved into a massive party tradition, peaking in places like Fort Lauderdale and later spreading to cities across Florida and beyond.

Notably, DeSantis highlighted his efforts to “promote law and order” during spring break in Florida in a statement this March. He deployed 100 state troopers and additional law enforcement resources, including drones and K9 units, to support local agencies during spring break and prevent lawlessness, continuing last year’s efforts to ensure public safety.

See Also: Trump Warns Musk Against Aiding Democrats: ‘He’ll Have To Pay Serious Consequences If He Does That’

However, DeSantis’ comment comes in the context of ongoing tensions in California, where the deployment of the National Guard has sparked controversy.

Why It Matters: California Governor Gavin Newsom (D) had previously called the deployment of National Guard troops in Los Angeles ‘unlawful,’ arguing that it was a violation of the state's sovereignty and that the actions of President Donald Trump only exacerbated tensions amid ongoing protests. 

Newsom and DeSantis have had a history of public disagreements. In a live televised debate in 2023, Newsom took a jab at DeSantis, asserting that neither of them would secure their respective party's presidential nomination in 2024.

Newsom also suggested that DeSantis regretted his decision to run for the presidency, a claim DeSantis has not publicly addressed.

Photo Courtesy: Andrew Cline on Shutterstock.com

Check This Out:

  • Lawmakers Made Huge Investments This Year. Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool

This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

Popular

Tried and tested in war: For European drone manufacturers, Ukraine is the place to be

LE BOURGET, France (AP) — About once a month, French manufacturer Henri Seydoux makes what has become a necessary pilgrimage for many in his business — he goes to .

Mark Cuban Reacts to Elon Musk-Donald Trump Feud

The escalating public feud between Elon Musk and President Trump has prompted a response from Mark Cuban.

Former Zillow Execs Target $1.3T Market - Ad

One co-founded Zillow. The other sold his company to Zillow for $120M. Now they're transforming a $1.3T market via co-ownership. Pacaso's already earned $110M+ in gross profit and reserved the Nasdaq ticker PCSO.

The Next Palantir? Does This Under $5 AI Stock Have The Potential To Rise And Shine

This micro-cap AI stock is being increasingly touted as the next Palantir Technologies Inc. (NASDAQ: PLTR), but some analysts disagree with this framing.

Supreme Court widens court options for vaping companies pushing back against FDA rules

WASHINGTON (AP) — sided with e-cigarette companies on Friday in a ruling making it easier to sue over Food and Drug Administration decisions blocking their products from the multibillion-dollar .

A Better Hedge Than Gold? - Ad

While the whole world is piling into gold as a hedge... White House documents reveal Trump is betting big on a completely under-the-radar resource. This little-known resource is minting 1,600 millionaires every single day... And investors have a rare opportunity to take advantage before everyone else catches on.

Walz: Minnesota Lawmaker and Spouse Killed In 'Politically Motivated Assassination'

Minnesota Gov. Tim Walz (D) said Saturday morning that a Democratic state legislator and her husband were killed, and another lawmaker and his wife injured, in separate "targeted shootings" at their homes.

Rocket Lab Stock Is On Investor Radars: What's Going On?

Rocket Lab Corp (NASDAQ:RKLB) shares are up about 7% over the past month. Here's a look at why the stock has captured investor's attention recently.

Elon Just EMBARRASED NASA (But This Is So Much Worse) - Ad

This is unbelievable... FalconSpaceX just rescued two astronauts after NASA left them stranded in space for months. But even more shocking? Elon Musk is being granted access to NASA as part of his DOGE initiative - and he's poised to expose a decades-old Apollo mission secret they've kept buried.

Death toll in Indian plane crash climbs to 270 as search teams find more bodies

AHMEDABAD, India (AP) — Search and recovery teams continued scouring the site of one of India’s worst aviation disasters for a third day after the Air India flight fell from the sky and killed at least 270 people in Gujarat state, officials said Saturday.

Apple Has Plummeted A Stunning 45% Vs. Mag 7 Since 2022

Apple's stock has fallen 45% since its 2022 peak, lagging behind other Big Tech peers due to tariffs, market weakness, and lackluster iPhone sales.

Nvidia's Plan to Dominate the World of Robotics ... - Ad

Robots just had a coming-out party in Las Vegas. From household helpers to rescue bots, they're now essential-not just novelties. Forbes says it's a $24T opportunity. And Nvidia's CEO says one $7 stock is key to building the world's first trillion-dollar robot.

Ericsson, Supermicro Partner To Bring 5G-Powered AI To Factories, Retail And Hospitals

Ericsson and Super Micro announce strategic collaboration to accelerate Edge AI deployment. Super Micro stock down 45%, Ericsson up 38% in past year.

How high will Bitcoin go in 2025? - Ad

A new coin is emerging in the crypto bull market. Investing now could be like buying Bitcoin in 2013. Before it took off. Or scooping up Ethereum in 2017.. before it soared.

RFK Jr. Champions 'Medical Freedom' While Curtailing Access, Say Public Health Experts

U.S. Health Secretary Robert F. Kennedy Jr. has championed "medical freedom" while simultaneously limiting access to COVID-19 vaccines and restricting food stamp purchases, creating what public health experts call a dichotomy in his approach to healthcare policy.

Truck units of Toyota and Daimler reach merger deal, first announced two years ago

TOKYO (AP) — The truck divisions of Japan’s Toyota and Daimler of Germany have agreed to merge to form “a new strong Japanese truck powerhouse” to work together in vehicle development, procurement and production.

RFK Jr Prepping for Big Pharma BLIITZKRIEG? - Ad

RFK Jr just joined Trump's cabinet and wasted no time filing an executive order to overhaul American health. But what's coming next has Big Pharma terrified. RFK may expose their top secret-one that could save lives and cost them billions. That's why we're going public now.

Tesla stock plunges as Musk's feud with Trump over GOP tax bill spooks investors

Shares of Elon Musk’s electric vehicle maker are falling sharply Thursday as investors fear could end up hurting the company.

Gen Z Feels Judged For Their Money Decisions And Half Faults Schools For Budget Blowups, Finds Poll

Gen Z struggles with money as 2/3 face criticism for spending and 50% blame schools. Parents help but long-term prospects look good for wealthiest generation ever.

A Trump Order Could Send This $7 Stock Soaring - Ad

An executive order from Trump could unleash a $1.2T robotics boom-impacting 65M lives and reshaping entire industries. And one $7 stock, already backed by Nvidia, FedEx, and Toyota, is perfectly positioned. The order could hit this August... or sooner.

Tim Cook's Liquid Glass Reveal Is 'Cool,' Says Elon Musk — Apple's New Software Design A Hit Or A Miss With Everyone Else?

Apple's new Liquid Glass design in iOS 26 earned praise from Elon Musk, but sparked backlash from users and investor Ross Gerber, who say it strays from Steve Jobs' vision of simplicity.

Purdue Pharma's $7B opioid settlement plan could get votes from victims and cities

OxyContin maker 's $7 billion-plus plan to settle thousands of lawsuits over will go before a judge Friday, potentially setting up votes on whether to accept it for local governments, people who became addicted to the drug and other groups.

Why BlackRock is Hoarding 6X More Bitcoin Than Miners Produce - Ad

A Bitcoin supply shock is building. Institutions and ETFs are buying faster than miners can keep up - creating a shortage most investors haven't noticed. If Bitcoin hits $300K, altcoins could explode 1,000%+. We wrote Crypto Revolution to help you prepare.

How To Earn $500 A Month From Broadcom Stock Ahead Of Q2 Earnings

Broadcom offers an annual dividend yield of 0.90% ($2.36 a year). To figure out how to earn $500 monthly, here's what you do.

Regional carrier Silver Airways says it's shutting down operations

HOLLYWOOD, Fla. (AP) — Regional carrier Silver Airways announced Wednesday it is shutting down operations after a failed attempt at restructuring through bankruptcy, leaving some passengers stranded at airports in Florida, the Bahamas and the Caribbean.

Exposed: 3 Cent Crypto to Explode June 24th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Maverick Trader Reveals 97% Accurate System - Ad

This man's simple strategy makes money in any market...With a 97% accuracy at hitting winners over the past 8 years!

Israeli Strikes Kill 9 Iranian Scientists, Continuing Mossad's Decade-Long Targeting of Nuclear Program

Nine of Iran's leading nuclear scientists have been killed in a pre-emptive Israeli airstrike. This incident adds to the series of successful operations by Israel aimed at Iran's nuclear experts.

Judge Blocking DOGE From Revealing THIS FDA Secret? - Ad

Democrats just filed a lawsuit to bring DOGE to a halt-and an Obama-appointed judge looks ready to help. It may be a rigged move to stop DOGE from exposing the FDA's biggest secret-a threat to billions in profits and political donations. That's why we're going public now.

What's Going On With Carvana Shares Today?

Carvana Inc. (NYSE: CVNA) shares are trading lower Friday following a wave of bearish options activity and a significant insider sale.

Former Zillow Execs Target $1.3T Market - Ad

One co-founded Zillow. The other sold his company to Zillow for $120M. Now they're transforming a $1.3T market via co-ownership. Pacaso's already earned $110M+ in gross profit and reserved the Nasdaq ticker PCSO.

Goldman Sachs Bullish On Branded Drug Upside At Teva: What About Viatris?

Goldman Sachs initiates Teva, Viatris, and Amneal, highlighting branded growth and pipeline strength, but one company's unclear outlook.

Judge and lawmakers question the Trump administration's plan to gut Job Corps centers

Members of Congress and a federal judge are questioning plan to shut down Job Corps centers nationwide and halt a residential career training program for low-income youth that was established more than 50 years ago.

A Better Hedge Than Gold? - Ad

While the whole world is piling into gold as a hedge... White House documents reveal Trump is betting big on a completely under-the-radar resource. This little-known resource is minting 1,600 millionaires every single day... And investors have a rare opportunity to take advantage before everyone else catches on.

Indonesian coal industry risking a tough transition as demand declines, report says

HANOI, Vietnam (AP) — Indonesia’s coal industry is facing mounting pressure and should diversify as China and India, its biggest customers, cut back on imports of the heavily polluting fossil fuel, according to a report from a Jakarta-based energy thinktank, Energy Shift.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service