💵 Trading axioms for market speculators include key principles on risk, greed, hope, forecasts, models, mobility, intuition, religion and occultism, optimism and pessimism, consensus, perseverance, and planning. Understanding these concepts is crucial for navigating the complexities of trading effectively.
✴️ In May 2025, the top networks by gross profit were revealed in new data from Cryptorank.
🇺🇸 Trump is exerting unprecedented pressure on the Federal Reserve, repeatedly urging it to lower interest rates, according to BBG.
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🚀 Tom Lee of Fundstrat predicts that Bitcoin (BTC) could reach between $150,000 and $250,000 by the end of this year. He believes that the BTC market cap should at least match that of gold, translating to a price of $1,200,000 per BTC. Lee argues that BTC is more valuable than gold, setting a macro target of $3,000,000 per BTC due to its limited supply and rapidly growing demand.
🌟 CEO of Tether, Paolo Ardoino, stated that if Tether were to go public now, the company's valuation would reach $515 billion, making it the 19th largest company globally, surpassing Costco and Coca-Cola. While this figure is impressive, he noted that it might be somewhat conservative.
🌟 Prominent trader James Wynn, closely watched by the market, has closed his short position and returned to a long position. This indicates that BTC is unlikely to see a rise in the near term. For more details, visit the monitoring.
🌍 Today’s Calendar — June 9, 2025
Representatives from the United States and China will hold trade talks in London. Turkey, Switzerland, and Australia report no trade activity. Japan's GDP for Q1 2025 will be released at 02:50 Moscow time. China's CPI for May will be available at 04:30, followed by global trade data at 06:00. The U.S. will report consumer inflation expectations for May at 18:00. Apple will host its annual WWDC25, showcasing new products and strategies. Meanwhile, the automatic conversion of depositary receipts for Russian issuers resumes - more details. The Central Bank of Russia will publish a financial market risk overview.
Representatives from the United States and China will hold trade talks in London. Turkey, Switzerland, and Australia report no trade activity. Japan's GDP for Q1 2025 will be released at 02:50 Moscow time. China's CPI for May will be available at 04:30, followed by global trade data at 06:00. The U.S. will report consumer inflation expectations for May at 18:00. Apple will host its annual WWDC25, showcasing new products and strategies. Meanwhile, the automatic conversion of depositary receipts for Russian issuers resumes - more details. The Central Bank of Russia will publish a financial market risk overview.
❗️🇨🇳 China's consumer inflation, as measured by the Consumer Price Index (CPI) for May, has shown a month-on-month decline of 0.2%, against expectations of 0% and a previous increase of 0.1%. Year-on-year, the CPI fell by 0.1%, slightly better than the anticipated drop of 0.2% and matching the prior decrease of 0.1%. The continued decrease in consumer prices raises concerns about deflation as demand remains weak — CNBC.
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🇺🇸 Biden's curse seems to be affecting Trump and Rubio as they recently stumbled while boarding a plane.