Good morning!!!
* THE ODDS OF THE CLARITY ACT PASSING KEEP CLIMBING AND ARE NOW AT 70%.
* THE CHANCES OF THE BITCOIN CLARITY ACT GETTING APPROVED BEFORE JULY JUST SHOT UP OVER 380% ON KALSHI.
* Over 20 fake Western Union tokens have popped up on Solana, following the official launch of its stablecoin.
* Amazon Web Service integrates Chainlink's runtime environment to bridge traditional systems with smart contracts. Following the announcement, LINK is rallying to $9.45.
* GOLDMAN SACHS: "IT'S ONLY A MATTER OF TIME BEFORE WE SEE A STRONG DROP."
* Warren Buffett, considered the BEST INVESTOR in history by many, says about the market: "This is not investing. It's not speculation. It's pure gambling."
"But that doesn't mean investing is terrible. It just means that the current prices of many assets are going to seem ridiculous."
* The DTCC confirmed it is moving forward with the tokenization service of the DTC and has called on over 50 firms for its development, including Ripple and BlackRock.
The DTCC is the largest infrastructure in the world for the settlement and custody of securities in the U.S. (and one of the most important globally).
It's responsible for ensuring that when you buy a stock, bond, or ETF, everything settles correctly, the ownership transfers, and risks are mitigated.
What they are going to tokenize first:
- Stocks from the 1000 largest companies in the U.S. (Russell 1000)
- Major ETFs
- Bills, bonds, and notes from the U.S. Treasury.
These tokens will have the same legal rights, dividends, protections, and everything as traditional stocks or bonds… but living on the blockchain.
* HEDGE FUNDS reduced their exposure to tech stocks over the last 2 weeks at the 2nd fastest pace in the last decade.
* Iran claims to have ATTACKED U.S. ships and threatens to ATTACK ANY American military vessel that tries to enter Hormuz.
* Donald Trump: "Iran has only 24 hours. After that, the world may witness one of the most devastating airstrikes ever seen."
* Trump threatens to "wipe Iran off the face of the Earth" if they attack U.S. ships in Hormuz.
* OPEC+ announces an increase in crude production from 188,000 barrels per day starting in June.