❗️🇺🇸 During a recent meeting, Trump advised Powell that not lowering interest rates would be a mistake, as reported by the White House.
🐶 US House Speaker Johnson announced that oversight of DOGE will become a permanent fixture within the government.
🚀 European football giant Paris Saint-Germain announced at the Bitcoin 2025 conference that they have begun purchasing BTC for their balance sheet.
🚀 Nvidia and Dell are set to deliver a new supercomputer named "Doudna" to the U.S. Department of Energy. This advanced system aims to enhance computational capabilities for various research initiatives.
This media is not supported in your browser
VIEW IN TELEGRAM
💵 Hundreds of Indians posed as the AI "Natasha," drawing in $500 million for BuilderAI, a startup founded in 2016 by two Indian entrepreneurs. Once hailed as a star among London startups, BuilderAI promised to revolutionize app creation through an exclusive AI bot. The project attracted significant investments, including $480 million from SoftBank, Insight Partners, and Microsoft. However, the startup filed for bankruptcy, revealing that "Natasha" was actually over 1,000 Indian programmers. The company faced mounting debts, including $85 million owed to Amazon and $30 million to Microsoft, leading to further financial troubles.
🇺🇸 Investment in artificial intelligence (AI) is projected to boost the U.S. GDP by 1%, according to expert insights. The growing integration of AI technologies across various sectors is expected to drive economic growth and innovation, enhancing productivity and efficiency. As businesses increasingly adopt AI solutions, the impact on the economy is anticipated to be significant. For more details, visit this link.
💥 The SEC has voluntarily dismissed its lawsuit against the cryptocurrency exchange Binance.
🚨 The Central Bank of Russia is expected to maintain its key interest rate at 21% during the board meeting on June 6, marking the fifth consecutive month at this level, according to a majority of analysts surveyed by Vedomosti. Additionally, the Bank is projected to begin lowering rates in the third quarter of 2025, according to PSB.
Alpha
⚠️✴️ Notable trader James Winn, currently under scrutiny, has reportedly lost his entire profit of $87 million earned over two months of trading with leverage of up to 40x. He also lost his initial deposit of $3 million, according to Ember monitoring. As per…
This media is not supported in your browser
VIEW IN TELEGRAM
🚨 A prominent trader, James Wynn, known as a whale in the crypto market, has reportedly lost nearly $100 million. According to Cointelegraph, his long position was liquidated when Bitcoin dipped below $105,000. Currently, Bitcoin has rebounded and is trading above that threshold. For more details, visit here.
🌕 Analysts at Kept have raised their gold price forecasts for 2025 to $2900–3000 per ounce, citing high demand due to geopolitical tensions and a weakening dollar. Meanwhile, PSB analysts anticipate gold prices could reach $4000 per ounce, driven by ongoing strong demand from global central banks, a weak dollar, and geopolitical factors.
💰 The significance of the ruble in international economic relations is set to increase, according to American economist Jeffrey Sachs in an interview with TASS.
🚨🇺🇸 The Trump team is preparing a backup plan to maintain tariffs, according to a report by the WSJ. The new strategy involves leveraging provisions from the Trade Act of 1974. Citing the U.S. trade imbalance with other countries, Trump could impose tariffs of up to 15% for 150 days, during which the White House administration aims to negotiate individual tariffs with all major U.S. trading partners.
💵 The evolution of trading has transformed the financial landscape. From traditional stock exchanges to modern digital platforms, traders now have access to a wealth of information and tools. Innovations like algorithmic trading and cryptocurrency have reshaped how transactions occur. As technology continues to advance, trading strategies are becoming more sophisticated, allowing for greater efficiency and opportunity in the market. For more insights, visit Trading Insights.