🚀 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).
🇷🇺 "Novoship" and "Sovcomflot" will independently determine the list of disclosed information, according to the Investment Fund. President Putin has authorized "Sovcomflot" and "Novoship" to independently disclose information, as reported by TASS.
🚨 Official talks between Putin and Xi Jinping have concluded. The discussions are expected to shape future cooperation between Russia and China. Further details on the outcomes of the meeting will follow.
🛢🇨🇳🇷🇺 Russia and China are advancing the "Power of Siberia - 2" project, following discussions between their leaders. Russian Energy Minister Alexander Novak announced that they have instructed to accelerate the project. Additionally, Novak stated that by 2025, Russia plans to increase its oil, gas, and LNG supplies to China. For more details, visit TAAS.
🇩🇪 Germany's domestic intelligence agency has suspended its designation of the AfD party as "extremist" following a lawsuit filed by the party. The Cologne court announced the decision, marking a significant development in the ongoing legal battle surrounding the agency's classification of the political group.
🇺🇸 ConocoPhillips has reported an earnings per share (EPS) of $2.09, exceeding expectations of $2.03. The company's performance continues to reflect its strong operational capabilities in the energy sector. For more details, visit ConocoPhillips.
❗️🇬🇧 The Bank of England has announced its interest rate, set at 4.25%. This aligns with expectations of 4.25% and marks a decrease from the previous rate of 4.5%.
🚀 Shopify reported a revenue of $2.36 billion for the latest quarter, marking a year-over-year increase of 26.9%. This figure exceeded analysts' expectations by $30 million. The strong performance continues to highlight the company's growth in the e-commerce sector. For more details, visit Shopify.
🇷🇺🇨🇳 Following their talks, Putin and Xi Jinping issued a statement emphasizing the deepening of comprehensive partnership and strategic cooperation between Russia and China. - TASS
🌏 Putin announced that Russia and China are set to sign a substantial package of documents for joint projects valued at approximately $200 billion.
🇷🇺🇨🇳 President Putin announced that nearly all trade between Russia and China is conducted in rubles or yuan. This shift reflects a broader trend of de-dollarization in the economic relations between the two nations, aiming to reduce dependence on the US dollar. For more details, visit here.