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Today's Events (UTC Time): 1 PM: Trump NATO Summit Press Conference 2 PM: US New Home Sales 2 PM: Fed Powell Testifies Day 2 News & Narratives: Trump: Claims "Iran's nuclear sites are completely destroyed," dismissing NYT reports. EU: Reportedly accelerating trade negotiations with the US ahead of July 9th deadline. Powell: States "we're well positioned to wait," citing potential tariff impacts on inflation. Project Updates: XO & MORE: Binance Alpha listings set for June 26 & 27, respectively. Metaplanet: Raised $515M to buy more BTC. BTC Procaps: Purchased 3,724 BTC for $386M. HSK: Launched Phase 1 points for early supporters. WIF: DFDV announced validator partnership. XRP AEON: Integrated RLUSD stablecoin into AEON pay. ETH: Nasdaq-listed SBET purchased 12,207 ETH for $30M. SOL CME: Futures hit a record volume of 1.75M contracts. TAO: Nasdaq-listed SNPX announced initial TAO acquisition. Flashnet: Set to launch first fully regulated Bitcoin stablecoin. BNB: Nasdaq-listed NA plans to purchase $500M worth of BNB. Crypto Rankings (as of today): Coinbase: Finance #24 (down 1) Robinhood: Finance #27 (down 1) Phantom: Utilities #169 (up 17) Stay tuned for further updates! #CryptoNews #MarketUpdate #Bitcoin #Ethereum #USPolitics #FederalReserve #NATO #Binance #CryptoRankings #EconomicNews
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US Budget Deficit Soars to $316 Billion in May, Marking Third-Largest Monthly Deficit Ever
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📊 UPDATE: Morgan Stanley expects the Fed to deliver 7 rate cuts in 2026, starting in March, bringing the terminal rate down to 2.5%-2.75%.
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US Economic Resilience: An Analysis of Jerome Powell's "No Recession" Stance
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The market will destroy your confidence before it builds your wealth. Every profitable trader crawled through hell first. Keep crawling
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