⏺Inflation is back on the chopping block: CPI hits a peak not seen since 2023
Ecoinometrics warns: the Fed's tightening policy could cool investors' appetite for Bitcoin. All eyes are on tomorrow's meeting and Kevin Warsh's first appearance on the Fed. We're waiting for the market's reaction. $BTC
❕Binance might be forced to halt services for clients in the EU next month
Reuters reports that Binance's application for a Greek MiCA license is likely to be rejected. This setback comes just a few weeks before the EU's deadline of July 1, when crypto firms must secure MiCA authorization or shut down operations. $BNB
🇷🇺 Chuvashia made its first budget payment using the digital ruble
In Chuvashia, for the first time in Russia, a legal entity transferred funds to the budget using the digital ruble. This was reported by the head of the republic, Oleg Nikolaev. The pioneering company was "Smak-Agro," which transferred 125,000 rubles as part of a subsidy for milk producers.
"The republic has become a testing ground for future financial instruments, ensuring transparency and speed of operations for businesses and the state, as well as enhancing economic efficiency," stated the Ministry of Finance of Chuvashia.
Authorities plan to continue integrating the technology. Testing of digital ruble payments in the social sphere is scheduled for August 2026: subsidies for large families for school uniforms and payments for leasing agricultural machinery. $TSLAB $SPCX
Musk's net worth surged to $1.27 trillion, making him richer than the second richest person in the world by $1 trillion, and SpaceX climbed to 6th place in the ranking of public companies by market cap $ETH
Addresses holding over 1 million XRP now control 74.1% of the asset's supply, having acquired an additional 1.53 billion coins over the past six months.
In the last 24 hours, XRP has surged nearly 14%. Analysts point out that this has been driven by the expansion of Ripple's institutional payment network and new initiatives for asset tokenization on the XRP Ledger. $XRP
Tomorrow, the Bank of Japan might hike interest rates to 1% for the first time since 1995. Economists believe the odds of this happening are over 90%, with Polymarket pricing it at more than 99%.
🇯🇵 Japan has long been a source of cheap money for carry trades, which were leveraged in stocks, cryptocurrencies, and other risk assets. Now, money is getting pricier, and some capital may flow back into the yen.
🩸 Impact on the S&P 500: ➖ March 2024: -3.79% ➖ July 2024: -7.02% ➖ January 2025: -20.98% ➖ December 2025: -7.07%
Previously, such dips were quickly offset by Fed support. Now, there’s no cheap money in either Asia or the U.S., oil is expensive, and the Fed is unlikely to intervene.
💬 For cryptocurrencies, this could mean increased volatility and pressure on BTC and altcoins. Tomorrow's crash isn’t guaranteed, as the markets are already prepped for it and are in the green zone thanks to the positive vibes from the Trump peace deal. The main thing is for Donald to make it happen... $SOL $AAVE $LTC
🚀 Bitcoin is primed for a new rally, says Brian Armstrong
CEO of Coinbase, Brian Armstrong, believes that Bitcoin has hit the bottom at $60,000 and is ready to surge as part of its four-year cycle. He pointed out that these ups and downs are natural for the first cryptocurrency and shouldn't distract from its overall growth.
Armstrong showcased a chart, illustrating Bitcoin's cycles since 2011, highlighting the sequence of bull and bear phases. He is holding a long position and anticipates significant asset appreciation by 2030, based on expectations of broader Bitcoin adoption.
He also emphasized the role of institutional investors, the increasing awareness of digital assets, and the integration of traditional finance with blockchain. $BTC
Big techs are switching to full funding for AI through operating profits and debt
According to Goldman Sachs, by the end of 2026, nearly 100% of these companies' cash flow will be directed towards these goals. Morgan Stanley reports a 357% increase in bond issuance by tech giants over the year to cover costs for neural networks. $BTC
💰The EU has excluded Tether (USDT) with a market cap of $17.5 billion from listings on licensed crypto exchanges.
🇪🇺Major exchanges like Binance, Coinbase, Kraken, and CryptoCom have already pulled USDT for users from the European Union after Tether decided not to seek approval under the new European MiCA regulations.
💰Meanwhile, USDC from Circle fully complies with regulations and remains the only major stablecoin available on licensed EU crypto exchanges until the new rules take effect on July 1. $USDC
🟠 CZ keeps faith in the long-term growth of the crypto market
The founder of Binance is confident that the current correction doesn't change the overall picture:
"2026 isn't over yet… Right now, it's just a crypto winter.
Will crypto die? Absolutely not. The supercycle is still ahead."
CZ believes that despite the fears and price drops, the industry will continue to evolve, and future growth could outpace previous bull cycles. $BNB $CAKE $USDC
Donald has proven that to become a billionaire, you don't necessarily need to understand blockchain — just being president and having enterprising relatives will do. $TRUMP
– The government has raised the capital gains tax on cryptocurrencies to 33%. – The tax-free threshold of €2000 has been abolished: now any profit is taxed from the first euro. – This makes Italy one of the strictest jurisdictions in the EU regarding crypto taxation. $LDO
Deal is on: the memorandum of understanding between Iran and the U.S. consists of 14 points
1. A complete and immediate cessation of hostilities on all fronts, including Lebanon. 2. America's commitment to the principle of non-interference in Iran's internal affairs and respect for the country's sovereignty. 3. A full lift of the maritime blockade within 30 days. 4. The U.S. obligation to withdraw its forces from the area surrounding Iran.