Three catalysts are converging this week that might shift sentiment throughout equities, chips, and the inflation outlook. FedEx earnings, Micron’s fiscal Q3 outcomes, and the May Personal Consumption Expenditures value index are all due within the coming days. The mixture arrives at a tense second for markets nonetheless digesting the Iran warfare’s financial fallout and…
Global markets are getting into the week of June 22 with a clearer pecking order of danger. The Strait of Hormuz and Trump’s battle is now not the dominant driver; the Federal Reserve is. After months of whipsaw headlines from the US-Iran battle, merchants have largely stopped flinching at every new diplomatic twist. The larger…
Crypto and power markets are bracing for a potential Black Monday selloff. US-Iran negotiations in Switzerland collapsed over the weekend, reviving fears of an oil shock and a risk-off transfer into Monday. Iran’s delegation walked out of the talks in protest over recent threats from President Donald Trump. Based on this, analysts and merchants alike…
US Vice President JD Vance opened direct US-Iran talks at Switzerland’s Bürgenstock resort on Sunday, even as President Donald Trump threatened recent navy strikes if Tehran fails to rein in Hezbollah. The talks implement a 14-point memorandum that Trump and Iranian President Masoud Pezeshkian signed on June 17. It set a 60-day ceasefire to finish…
A Japanese pension fund plans to shift about 1% of its property into cryptocurrency from fiscal 2026, treating Bitcoin (BTC) as a hedge towards a weakening greenback somewhat than a guess on worth good points. The National Business Corporate Pension Fund, primarily based in Okayama, manages round $136 million for about 1,200 small and medium-sized…
Strategy Executive Chairman Michael Saylor signaled one other Bitcoin (BTC) buy on Sunday, posting MicroStrategy’s tracker hours after he urged unity amongst Bitcoin holders. The timing stands out. MicroStrategy’s most up-to-date submitting reported a small Bitcoin sale moderately than a purchase order, and the agency has disclosed no new purchase in three weeks. Michael Saylor…
US spot Bitcoin ETFs (exchange-traded funds) posted their largest 30-day web outflow on report. These Bitcoin ETF outflows reached $6.35 billion as institutional traders minimize publicity, in line with Galaxy Research. The redemption marks six straight weeks of withdrawals from the funds. Still, the tempo has slowed sharply in current days. That hints that essentially…
A Shiba Inu plush toy on SpaceX’s on-line retailer has despatched a parody crypto token or meme coin into one other sharp rally. Asteroid Shiba, an Ethereum-based meme coin constructed across the “Asteroid” plush from SpaceX’s Polaris Dawn mission, jumped greater than 137% over the previous week, in accordance to CoinGecko. Its market worth briefly…
Binance founder Changpeng Zhao (CZ) floated freezing Satoshi’s Bitcoin and different dormant, quantum-vulnerable cash in the event that they keep unmoved after a future community improve. He raised it as a query for the neighborhood, not a private plan. The Binance government shared the concept on the Galaxy Brains podcast with Galaxy Research head Alex…
Robert Kiyosaki says he’s watching gold, silver, Bitcoin (BTC), and Ethereum (ETH) for a technical reversal earlier than shopping for, arguing that the macro backdrop, not falling costs, decides whether or not onerous belongings are price holding. Precious metals prolonged a steep retreat this week, and a recent dispute over the Strait of Hormuz examined…