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DoomPosting
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Degens Deteriorating
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JUST IN: 🇺🇸🇮🇷 US President Trump says Iran hit Israel "very hard" with ballistic missiles

"Israel got hit very hard. Especially in the last few days, Israel was really hit hard. Boy, those ballistic missiles took out a lot of buildings."

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🚨 BREAKING:

🇮🇷 Iran is increasingly frustrated with Russia over delays in the delivery of Su-35 fighter jets, and is now pivoting toward China to modernize its airpower.

The recent combat-proven performance of Pakistan’s J-10C, which reportedly shot down 6 Indian jets using Chinese platforms, played a key role in Tehran’s decision.

Iran is now eyeing the J-10C and advanced Chinese air defense systems to fill critical gaps.

~ Iranian media 🇨🇳✈️

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🚨🇺🇸 BREAKING: FED GIVES BANKS GREEN LIGHT TO EMBRACE CRYPTO

The Fed just axed the “reputational risk” rule - a vague, unspoken barrier that let regulators block banks from touching crypto.

Now? That excuse is gone.

Wall Street can finally move into digital assets without being treated like it’s smuggling contraband.

It’s a major win for crypto legitimacy - and a death knell for outdated narratives that cast blockchain as a financial boogeyman.

With Congress advancing stablecoin and digital asset laws, the SEC and CFTC are finally being told to play nice - setting the stage for clear, unified regulation.

Banks want in. FinTechs already live here.

And zillennials? They’ve been waiting for this merger of old money and new rails.

The future of finance just got permission to enter the lobby.

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HOPIUM FUEL: 🇺🇲FED CHAIR POWELL SAYS THE UPCOMING TRADE DEALS MAY ALLOW FOR RATE CUTS.

RATE CUTS ARE COMING IN JULY 🚀

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🇰🇷 #SouthKorea. A 67-year-old man set fire to a Seoul subway train.

Motivated by anger over the outcome of his divorce lawsuit, he poured gasoline on the train floor and ignited it with a torch lighter. 23 people were taken to the hospital. Damages are estimated at 330 million won ($242,400).

Today he was charged with attempted murder and arson (the incident itself took place on May 31)

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🐳 JUST IN: A whale moved 274,788 $SOL ($39.9M) from Stake. com to HyperLiquid, the largest spot asset deposit ever on the platform

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🇺🇸 SEC CHAIR POWELL: CRYPTO CRACKDOWN ERA IS OVER

"I think the industry is maturing.

Our understanding of it is improving, and in a sense, it's becoming much more mainstream.

So all of us are revisiting, you know, the the things that were done during that era."

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BREAKING: The US current account deficit jumped by $138.2 BILLION in Q1 2025, or 44.3%, to a record $450.2 billion.

The current account measures the flow of goods, services, and investments into and out of the country, or how much the country earns from abroad versus how much it spends abroad.

As a share of GDP, the deficit rose 1.8 percentage points to 6.0%, the highest since the all time high of 6.3% in Q3 2006.

At an annual rate, the current account's deficit hit a whopping $1.8 TRILLION.

This spike comes as businesses rushed to front-load imports ahead of newly imposed tariffs on foreign goods.

The US trade imbalance is now at historic levels.

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