🌟 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.
🚀 Elon Musk stated that he has done more than anyone else to undermine his own reputation.
🇷🇺 The Russian budget is set to receive an unexpected influx of 163 billion rubles in June, a figure comparable to expenditures on national projects aimed at economic and transport development. This significant sum was not included in the initial revenue forecast. For more details, visit Izvestia.
💰 The Russian ruble has emerged as the strongest currency of 2025, according to Bank of America. This remarkable growth is attributed not only to a sudden surge in foreign investor confidence but also to tightened capital controls and the policies of the Central Bank. For more insights, visit experts, CNBC.
💥 Avalon Labs has burned 80 million tokens of AVL, accounting for approximately 44% of the total circulating supply. The burned tokens primarily originated from unclaimed funds allocated during a previous airdrop campaign.