💵 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.

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🌎 The current exchange rates reflect significant figures in the forex market. The US dollar is trading at 7.187 against the Chinese yuan (USDCNY) and at 79.50 against the Russian ruble (USDTRUB).

🇺🇸 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.

🚨 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.

⚠️🇺🇸 The CEO Confidence Index regarding the U.S. economy experienced a record decline in the second quarter of 2025, according to the Conference Board.

🌕🇩🇪 Concerns over the safety of Germany's gold stored in the U.S. have intensified as Donald Trump returns to leadership. This week, the Federation of German Taxpayers sent letters to the Bundesbank and the Ministry of Finance urging the repatriation of gold held in the States. — RTRS

Elon Musk had promised to inspect Fort Knox but has since backed out.

🚫✴️🇹🇭 Thailand has announced that it will block cryptocurrency exchanges Bybit, 1000X, CoinEx, OKX, and the XT platform starting June 28. The government will initiate legal proceedings against these exchanges for operating without the necessary licenses in the digital asset sector. For more details, visit the official announcement here.

🚨 On May 30, one of the largest weekly options expirations in Deribit's history will take place, involving a total of $11.8 billion in options for BTC and ETH. The primary interest zone for BTC is set at the strike of $98,000, while for ETH, it stands at $2,200.

🌕 Cantor Fitzgerald is set to launch a gold-backed Bitcoin fund, marking a significant move in the cryptocurrency market. This dual hedge strategy aims to combine the stability of gold with the volatility of Bitcoin, appealing to investors seeking security in their digital asset portfolios. For more details, visit the full article here.

🇨🇳 Chinese tech companies are shifting to domestic chips for AI development as the nation prepares for a future without Nvidia. This strategic move underscores China's commitment to advancing its artificial intelligence capabilities independently. For more details, visit FT.

🚨🛢 Oil prices have fallen for the second consecutive week ahead of the OPEC+ meeting. According to reports, OPEC+ countries may increase oil production by 411,000 barrels per day in July. The meeting is scheduled for May 31. For more details, visit BBG and CNBC.

💊 Since the beginning of 2025, the volume of the Russian pharmaceutical market has increased to 553 billion rubles, marking an 8.4% year-on-year growth. The primary driver of this expansion has been rising prices, while a key trend is the strengthening of major players' positions within the market, as reported by Forbes.

🚀 The Reform UK party, led by Nigel Farage, has made history as the first political party in Britain to accept donations in crypto. Speaking at the Bitcoin 2025 conference in Las Vegas, Farage also pledged to introduce a bill for a strategic BTC reserve and to reduce capital gains tax on cryptocurrency.

🌟🇨🇳 Webus International, a Chinese AI company, is set to raise $300 million to acquire XRP for its balance sheet.