✌️✌️✌️Market developments in 24h ✌️✌️✌️
• President Trump will soon announce the next Fed Chair.
• Trump and Xi Jinping had a phone call, agreeing to meet at a high-level meeting in London on June 9 with Bessent, Lutnick, and Greer to address trade and technology disputes.
• Canada is optimistic about a trade agreement with the US, announcing a bill to promote major projects and remove interprovincial trade barriers.
• Trump proposed eliminating the debt ceiling, with US debt nearing $37 trillion. The Treasury is buying back $10 billion in bonds. Trump hesitated to criticize China for supporting Russia, agreeing to resume rare earth supply.
• Trump-Musk reconciliation: Trump said “everything is very good”, there are no plans for further discussions but wishes Musk success. The White House arranged a reconciliation call.
• #TRUMP World Liberty Financial partners with TRUMP Meme Coin, purchasing a large amount of $TRUMP for long-term treasury.
• #FARTCOIN loses momentum, BERT, SNAI, PNUT grow.
• #IOST raises $21 million for RWA 3.0.
• #TRX TRON reaches 8 million transactions/day, an increase of 2 million from February.
• #RLUSD Ripple RLUSD grows on Ethereum.
The weekend volume decreased, market sideways.
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