✅ BTC updated ATH to $111k, but the weekly growth is only +0.73%. All due to the new round of “tariff geopolitics” from Trump ☹️
And the S&P 500 fell by -1.8% — the yield on 30-year bonds is rising, stocks are falling. Welcome to the “overvalued reality” 📉
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🤑 Cryptocurrencies
🔸 Texas is on track to create a state bitcoin reserve. Just like real hardcore holders.
🔸 IBIT from BlackRock entered the top 5 ETFs by inflows: +$9 billion YTD. It seems institutional investors also love the bull 🐂
🔸 Strategy (Sailor) purchased $765 million and plans to raise another $2.1 billion through stocks to... that's right, buy even more BTC 😵💫
🔸 Mykhailo Byelych left Polygon Labs and the board — now Polygon has one less co-founder.
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🏦 Crypto exchanges
🔸 Binance listed USD1 – a new stablecoin from World Liberty Financial. Another “reliable” dollar 😐
🔸 Bybit opened stock trading. Waiting for them to add leverage on GameStop 100x.
🔸 Kraken: now you can trade tokenized stocks AAPL, TSLA, and NVDA directly on Solana. Is this the future or just a wrapper on a wrapper?
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🪙 Financial news
🔸 Moody’s downgraded the US rating from AAA to AA1. Everything is stable, just like the national debt of $34+ trillion.
🔸 Starting June 1 — tariffs of 50% for the EU. It seems “America first” is transitioning to “America alone”.
🔸 Trump: “If Apple doesn’t start manufacturing in the USA — you will face a 25% tariff.” Investors are shocked, the Chinese are waiting.
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🔐 Regulation
🔸 The Ministry of Justice of the Russian Federation: a project on the confiscation of crypto and fines up to 700,000 rubles for payment in crypto. Cash rules?
🔸 Trustee Plus stopped registering Ukrainians — the regulator is against.
🔸 Argentina: President Milei disbanded the department investigating the meme coin LIBRA, allegedly linked to him. Coincidence?
🔸 Binance asks the court to dismiss FTX's $1.76 billion lawsuit. A year later — still FTX 🤡
🔸 The US Department of Justice is investigating a data leak of Coinbase clients. Perhaps this is not a bug, but a feature?
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🤖 Technology
🔸 Google showcased the neural network Veo 3 — now you can make videos with sound. Memes will soon become cinematic 🎥
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🚨 Hacks
🔸 DEX Cetus on Sui was hacked: tokens at one point — -80%, but $162 million out of $223 million was managed to be returned. Is this success or just a discount robbery?
