🚀 David Sachs, the crypto king of the USA, announced that July will be a crucial month as the GENIUS bill is set to be signed, while CLARITY heads to the Senate. Many investment firms and experts believe that the passage of these laws will serve as a significant bullish driver for cryptocurrency in the long term.
Alpha
❗️🇷🇺 The SPB Exchange announced that the meeting has failed due to a lack of quorum. Earlier, the Board of Directors recommended not to distribute dividends for 2024.
❗️🇷🇺 Today marks the repeat of the state meeting at the SPB Exchange. The board had previously recommended not to pay dividends for 2024.
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✨ The Financial Action Task Force (FATF) reports that the majority of crimes involving digital assets are linked to stablecoins. The organization emphasizes the need for stricter regulations and oversight to combat illicit activities associated with these cryptocurrencies.
🚨 Today, the Deribit exchange will witness a record weekly expiration of options on BTC and ETH, totaling $17.3 billion. The primary interest zone for BTC is at the strike of $102,000, while for ETH, it stands at $2,200. Deribit is the world's largest cryptocurrency options exchange, accounting for over 85% of global activity.
🪙 The price of platinum on the global market has surpassed $1,400 per troy ounce for the first time in 11 years. Since early June, the metal has risen by over 34%. During the same period, palladium has increased by 15%, resulting in a price spread between these metals of $300, the highest in nine years. The rapid rise in platinum's value is attributed to active investor trading amid a structural deficit that is no longer being covered by stockpiles. Platinum is expected to potentially exceed $1,500 per ounce soon. — Ъ
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🔥🇺🇸 The US economy reports a GDP contraction of -0.5% for the first quarter of 2025, falling short of expectations of -0.2%. This marks a significant decline from the previous quarter's growth of +2.4%.
⚠️🇺🇸 The US economy contracted for the first time in three years at the end of the quarter, according to reports. Trump and his team assure that this is a short-term issue and that the economy will soon navigate through the transitional phase of "Trumponomics." Meanwhile, US stocks continue to set records, reflecting a contrasting sentiment in the market.
⚠️🇪🇺 ECB Governing Council member Knot stated that the European Central Bank may need to maintain interest rates at their current level for some time. However, he did not rule out the possibility of another rate cut by the ECB in the future.
🏡 Sberbank announced that starting July 1, it will reduce interest rates on mortgage loans. This move aims to make home financing more accessible for potential buyers in Russia. For more details, visit their official website.
🌟 Canadian firm Sol Strategies, often referred to as the MicroStrategy of the Solana ecosystem, has begun acquiring JTO tokens for its new "eco-friendly" reserve. Previously, the company exclusively purchased SOL tokens for its balance.
⚠️🛢🇷🇺 Prices for Russian oil have dropped following a ceasefire between Iran and Israel. The cost of Urals crude at FOB Primorsk fell by nearly $9 to $56.5, while in Novorossiysk, the price decreased to $56.6. The premium ESPO brand at FOB Kozmino also saw a decline of $7, bringing it down to $63.48.
🚀 Since launching its BTC mining initiative in 2020, Bhutan has accumulated a BTC reserve valued at approximately $1.3 billion, nearly 40% of the country's GDP. This positions Bhutan as the third-largest holder of BTC among national governments. — WSJ
🛢 On July 9-10, a seminar organized by OPEC will take place in Vienna. Ministers are expected to discuss the current situation in the oil market.
🚨 Sberbank announced that starting June 30, it will reduce interest rates on certain deposits. For more information, visit their official page.
💥 In early June, the Minister of Digital Development, Communications and Mass Media, Maksut Shadayev, announced that a national messenger is set to be developed on the Max platform from VK. The presentation of this new service is expected to take place in the summer. For more details, visit the report here.
🍷 In Russia, the share of imported strong alcohol, excluding vodka, in retail sales has dropped to 29.8% from January to May 2025, totaling 5.72 million decaliters. This trend is attributed to increased tariffs on imported alcohol from unfriendly countries and the expansion of Russian producers into new categories, experts say. The market anticipates further pressure from local products on imports, although overall alcohol sales volumes are expected to stagnate. — Ъ