The economy remains stable. Inflation has come down but remains above the 2% target. Risks of both high inflation and rising unemployment are increasing. Q1 GDP was affected as companies imported large volumes of goods ahead of tariff implementation. The labor market remains strong at present. The recent rise in inflation is not entirely due to increased consumer spending ā tariffs are likely a contributing factor. For these reasons, we have decided to maintain the current interest rate. The scale of this tariff announcement is larger than we had anticipated. Tariffs may increase both inflation and unemployment. Tariff-driven inflation may be temporary ā or it may persist⦠no one knows for sure. Our mandate is to ensure that any inflation caused by tariffs remains temporary.$BTC
The Himalayan nation of Bhutan has partnered with Binance Pay to enable cryptocurrency payments across its entire tourism ecosystem.
This integration, carried out in collaboration with Bhutanās Druk Holding and Investments (DHI) and Bank of Bhutan (DK Bank), allows visitors to the country to pay for expenses such as airfare, visa fees, hotel accommodations, entry tickets to heritage sites, tour guides, and even street food from roadside vendors using cryptocurrency.
This small Himalayan country has adopted a strong pro-crypto stance in recent years, even accumulating Bitcoin as part of its national reserves.$BTC
Thumzup Media Corporation has filed an amended S-3 to increase its total fundraising amount from $200 million to $500 million in order to purchase more Bitcoin.$BTC
Standard Chartered Bank predicts that BNB could surge over 360% to reach $2,775 by 2028.
Analyst Geoffrey Kendrick notes that BNB has closely tracked Bitcoinās performance since 2021 and is one of the few tokens still reaching new highs.
Although BNB faces concerns over high centralization and limited development activityāwith only 45 validators compared to Ethereumās over one millionāupcoming upgrades like the Pascal and Maxwell hard forks could attract more developers. Additionally, BNB retains long-term value thanks to Binanceās quarterly token burns and its utility within the Binance platform.
Standard Chartered remains broadly bullish on the crypto market, with other forecasts including: ā¢Bitcoin: $200,000 by 2025, $500,000 by 2028 ā¢AVAX: $250 by 2029 ā¢XRP: $12.50 by 2028 ā¢Ethereum: $4,000 by 2025 ā¢Stablecoin market cap: $2 trillion by 2028 #StandardCharted $BTC $XRP $ETH
The Pectra upgrade is Ethereumās most significant update since The Merge in 2022, combining two major hard forks: Prague (execution layer) and Electra (consensus layer). It includes 11 Ethereum Improvement Proposals (EIPs) focused on scalability, staking, security, user experience, and developer tooling.
š¢ Key Highlights:
EIP-7251: Increases the validator staking limit from 32 to 2,048 ETH, making staking more efficient, reducing the number of validators, easing network load, and improving blockchain performance.
EIP-7702: Enables account abstraction for regular wallets (EOAs), allowing advanced functions like transaction bundling and gas payments with other tokens. This enhances user experience and lays the foundation for future smart wallet features.
EIP-7742 & 7691: Expand blob space by 50%, enabling faster and cheaper transactions. This prepares Ethereum for future scaling and improves data availability for Layer 2 solutions.
EIP-6110 & 7002: Improve the staking deposit and withdrawal process. Deposits are now processed directly on the consensus layer, reducing security risks and shortening wait times for new validators, making staking easier and safer.
šÆ Main Goal: To comprehensively improve Ethereumās performance ā making it faster, cheaper, more secure, and more user- and developer-friendly.
š Note: ⢠ETH users and investors donāt need to take any action. ⢠Ethereum node operators must update their clients to the latest version.$ETH
UK officials stated that the United States šŗšø and the United Kingdom š¬š§ made positive progress in todayās negotiations and expect to reach a trade agreement that includes tariff reductions on steel and automobiles.#TradeStories
The author of the book Rich Dad Poor Dad, Robert Kiyosaki (@theRealKiyosaki), believes that Bitcoin is a better asset than gold or silver because its supply is strictly limited to 21 million.
While he owns gold, silver, and oil minesāassets whose supply can increase when prices riseāBitcoinās fixed supply makes it more scarce and more reliable as a store of value.$BTC
Tether is about to launch a new AI platform that integrates Bitcoin and USDT payments, allowing users to make direct peer-to-peer (P2P) transactions without intermediaries.
Thanks to the open-source WDK toolkit, users can manage their own wallet keys without having to entrust their funds to third parties. This AI platform is fully open-source, runs on multiple devices, and does not rely on centralized servers.#Tether
The Supreme Court of Kenya has ordered World Foundation (part of Sam Altmanās Worldcoin project) to delete all biometric data (iris scans, facial data) of Kenyan users within 7 days, under the supervision of the data protection authority.
š„ The state of New Hampshire has unexpectedly become the first U.S. state šŗšø to allow its state treasurer to invest public funds in Bitcoin and other digital assets, following Governor Kelly Ayotteās signing of Bill HB302 into law.
This law permits up to 10% of the stateās general fund and other authorized funds to be invested in eligible assets, requiring a market capitalization of over $500 billion (effectively applying only to Bitcoin).
The bill also establishes secure custody measures, including oversight by the state, regulated custodial institutions, or ETF products.
HB302 passed narrowly in the House and received strong support from Senate committees, positioning New Hampshire as a pioneer in integrating digital assets into public financial strategy.$BTC #usa
UK Economy Minister Emma Reynolds has rejected the idea of establishing a national crypto reserve fund, stating that it is not suitable for the UK market, despite the US pursuing such an approach.
Instead, the UK is focusing on regulatory cooperation with the US, including the creation of a new working group and hosting a digital assets forum in June. She also acknowledged that certain areas within crypto remain beyond the governmentās control.
The UK is also considering issuing government debt via blockchain technology and is prioritizing an outcome-based regulatory approach rather than adopting the EUās MiCA framework. #USHouseMarketStructureDraft #FOMCMeeting
Finance Minister Scott Bessent stated before the House Appropriations Subcommittee that the U.S. has 18 major trading partners and is currently in negotiations with 17 of them. The U.S. and China have yet to begin negotiations.
Bessentās comments contradict President Trumpās claim that the White House has engaged with Chinese leaders regarding tariffs. #FOMCMeeting $BTC {spot}(ETHUSDT)
Michael Saylor explains why real estate is becoming increasingly expensive.
He criticizes how the wealthy buy properties not to live in, but to preserve their wealthāusing them as āpiggy banksā to hedge against inflation.
They own multiple beautiful homes that sit empty, driving up housing prices and making homeownership unaffordable for the average person. These homes could be serving families but are instead locked away as investment assets. According to Saylor, this creates a distorted economy and is a sign of a broken monetary system. #MichaelSaylor
Robert Kiyosaki (Rich Dad Poor Dad) has warned that his prediction of the greatest market crash in historyāaffecting stocks, bonds, and real estateāis gradually becoming a reality.
He stated that he has invested in gold, silver, and Bitcoin to protect himself from the looming threat of massive inflation. According to him, if the market crashes, the Fed and the U.S. Treasury will print trillions of dollars in āfake money,ā devaluing the currency.
Kiyosaki predicts that the price of silver could double by 2026 and continues to emphasize his long-standing message: āSavers are losers,ā because savings lose value over time.
Nearly 200 years ago, Daniel Webster (1782ā1852) once warned:
āInflation is the surest way to fertilize the fields of the rich⦠with the sweat of the poor.ā$BTC