🚢 Maersk, a leader in global trade indicators, reported a 70% increase in profits for the first quarter of 2025. The company's forecast for 2025 remains unchanged. However, it has lowered its outlook for the global container shipping market due to tariff wars, as detailed in a recent report. For more information, visit here and here.
🌟 Robinhood is developing a blockchain network aimed at European retail investors for trading tokenized U.S. securities.
⚠️🇯🇵 Nintendo reported a 46.6% decline in operating profit for the year ending in March. However, the company anticipates a 13% increase in profit for the new financial year.
⚠️🇮🇳🇵🇰 India and Pakistan engaged in their largest aerial battle to date, involving a total of 125 fighter jets from both sides in combat over border regions, as reported by CNN.
🌟 Bitcoin could become a global reserve asset sooner than many expect, according to David Bailey, CEO of Bitcoin Inc. Bailey's comments highlight the growing recognition of Bitcoin's potential role in the financial system. As interest in cryptocurrencies continues to rise, the implications for traditional reserve currencies may be significant. For more insights, visit Bitcoin Inc.
⚡️🇷🇺 A delegation from China has arrived in Moscow to purchase yuan on the Moscow Exchange. This move aligns with President Xi Jinping's directive to internationalize the national currency in global markets. Monitoring of these developments is underway.
❗️ Norway's central bank has maintained its interest rate at 4.5%, consistent with previous expectations and rates. The decision reflects the bank's ongoing strategy in managing economic conditions. For more details, visit Norges Bank.
🚀 Arthur Hayes predicts that by 2028, the price of Bitcoin (BTC) will reach $1 million. He claims that the Federal Reserve has become a secondary factor, as true liquidity is now being driven by the U.S. Treasury under new head Bessent. Hayes notes that Bessent is quietly restructuring global liquidity through bond buyback strategies and auctions aimed at managing the growing U.S. debt burden. For further details, visit this link.
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🚀 Most experts believe that Bitcoin (BTC) is heading towards $100,000. This optimistic forecast reflects growing confidence in the cryptocurrency market, as analysts point to various factors driving demand and adoption. Investors are closely monitoring market trends and potential regulatory developments that could impact Bitcoin's trajectory. For more insights, visit here.
🚗 China reported retail sales of new energy vehicles (NEV) for April reached 922,000 units, marking a 7% month-on-month decline but a 37% increase year-on-year, according to preliminary data from the China Passenger Car Association (CPCA).