Good morning!!!
* We are in for a week full of FUNDAMENTAL ECONOMIC DATA for the FINANCIAL MARKETS:
-Wednesday:
Minutes of the FED meeting.
These are NOT new data, it is a summary of what was decided and communicated in the last rate decision.
-Thursday:
PCE inflation.
It is the FED's favorite measure of inflation.
It is expected to go from 3.1% to 3%.
A lower than expected data would be POSITIVE for financial markets as it increases the chances of a rate cut.
GDP review.
It is expected to remain at 0.7%.
It is already close to negative levels. A bad GDP figure could worry markets about a recession.
-Friday:
Consumer Price Index Inflation.
It is expected to rise from 2.4% to 3.4%. An increase as expected would be negative for financial markets.
The inflation data will be the most important data of the week.
* This man invested 30 dollars daily for 7 years and 10 months, and made a profit of around 900,000 dollars.
Total investment: $86,000.
Your Bitcoin is now worth 1,000,000 dollars.
* Trump says he wants to seize Iran's oil.
"It's there for them to take. There’s nothing they can do about it."
* Trump: "ALL IRAN can be taken in a single night... And that night could be tomorrow."
* Iran promised a "significant retaliatory attack" following the assassination of its intelligence chief from the Revolutionary Guard.
* FOX NEWS states: "The crypto market structure bill will unlock institutional capital for BTC. The bill would have a deadline of weeks."
* Strategy has purchased another 4,871 BTC for approximately 329.9 million dollars at a price of approximately 67,718 dollars per Bitcoin.
* In the last 24 hours, more than 15 ships have crossed the Strait of Hormuz.
One of the highest figures since the start of the war.
The strait is gradually opening up transit...
* EL SALVADOR HAS BECOME THE FIRST COUNTRY TO TEACH BITCOIN TO ALL STUDENTS AGED 7 OR OLDER.
* Jamie Dimon warns that private credit could face greater losses than expected, in a context of weakened standards, liquidity tensions, and rising macroeconomic risks.
* The CEO of JP Morgan (the largest bank in the world), Jamie Dimon, warns that losses in private credit will be "greater than expected."
* Taylor Monahan, security director of MetaMask, reveals that programmers from North Korea infiltrated as freelance developers with false identities.
* Apple removed Bitchat from its store in China following an official order from the local regulator, as confirmed by Jack Dorsey in a post on X.
The app is key for using mesh networks and Bluetooth, allowing it to bypass internet outages or state blockages in contexts of heavy censorship.
Beijing argues that the service violates security norms by influencing public opinion without undergoing prior state assessment.