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✨🇺🇸 The project led by Sam Altman, World, has unveiled the Orb Mini, a portable retinal scanner designed to streamline the collection of data from crypto enthusiasts worldwide.
🔥🇺🇸🇨🇳 China has announced progress following trade talks with the United States over the weekend in Switzerland. Both nations have agreed to establish a trade consultation mechanism. China's Vice Premier Li described the meeting as a first step towards resolving differences, noting that significant consensus was reached. He emphasized that the discussions were constructive, leading to substantial progress. A joint statement is set to be published on May 12.
💥🇺🇸🇨🇳 China’s Deputy Minister of Commerce, Li Chenggang, stated that any trade agreement reached with the United States would positively impact the global economy. He emphasized that the deal would align with China's development interests.
🚨🇺🇸🇨🇳 Uncertainties surround U.S. Trade Representative Jamison Greer’s statements regarding a new trade deal with China. On the White House website, he discusses a reached agreement with China. A joint statement is expected on May 12 following U.S.-China trade talks in Geneva. While former President Trump may address this trade deal in a future post, experts are skeptical about resolving all disputes in just two days of negotiations.
🚫 A group of 20 Democratic senators has introduced a bill that would prohibit former President Trump, the Vice President, Congress, Senate-approved cabinet members, and others from creating and promoting cryptocurrencies. This move comes amid ongoing discussions regarding stablecoin legislation. For more details, visit here.
🇨🇳🇺🇸 China and the United States held high-level economic and trade talks in Geneva, where both sides engaged in comprehensive discussions, achieving significant consensus and progress. The parties agreed to establish a consultation mechanism, appoint key representatives, and plan to release a joint statement on May 12 — Xinhua. The Chinese delegation did not specify details about the reached deal, instead highlighting the first step towards resolving differences.
📅 On May 12, 2025, a joint statement from China and the U.S. regarding trade negotiations in Geneva is anticipated. Ukraine, the EU, the U.S., and Turkey are seeking an unconditional 30-day ceasefire starting today. The Central Bank of Russia will release minutes from its last meeting and a mid-term forecast commentary at 16:00 MSK. Additionally, the U.S. will publish its federal budget for April at 21:00 MSK, followed by the WASDE report at 19:00 MSK. Various earnings reports are also scheduled throughout the day.
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🇺🇸 Former President Donald Trump announced plans to sign an executive order on May 12 aimed at reducing drug prices in the United States by 30-80%. The announcement was made through what he called his "most powerful" tweet. For more details, visit here.
🌟 Ethereum (ETH) has outperformed Bitcoin (BTC) over the past week. Investors are observing a notable trend as ETH gains momentum, showcasing its strength in the cryptocurrency market compared to BTC. This shift in performance has sparked interest among traders and analysts alike. For more details, visit here.
💥 Russia's stock market opened strongly this morning, with the Moscow Exchange Index (IMOEX) rising by 2.5%.
🌟🇺🇸 The latest version of the GENIUS Act on stablecoins proposes that Tether will come under U.S. jurisdiction, regardless of its registration location.
Tether continues to be a focal point in discussions about cryptocurrency regulation in the U.S.
USDT remains a significant player in the stablecoin market.
Tether continues to be a focal point in discussions about cryptocurrency regulation in the U.S.
USDT remains a significant player in the stablecoin market.
🇺🇸 The United States is aiming to accelerate the construction of nuclear power plants, according to the New York Times. This initiative reflects a growing emphasis on nuclear energy as a key component in the nation’s strategy to enhance energy security and address climate change. The move is part of a broader effort to diversify energy sources and reduce reliance on fossil fuels. For more details, visit NYT.
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🇺🇸🇪🇺 Senator Marco Rubio will visit Turkey from May 14 to 16 to attend an informal meeting of NATO foreign ministers, according to the State Department. Earlier, President Putin proposed direct negotiations between Russia and Ukraine on May 15.
🇺🇦 A meeting of NATO foreign ministers in Turkey has "coincidentally coincided" with potential negotiations regarding Ukraine, according to TASS.