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#BreakingNews" Here are the key breaking news updates in brief: 1. **G7 Summit**: PM Modi arrives in Canada for the G7 Summit in Kananaskis, emphasizing "Viksit Bharat" as a certain destination . Meanwhile, President Trump left the summit early amid escalating Israel-Iran tensions . 2. **Israel-Iran Conflict**: U.S. lawmakers are moving to limit President Trump's war powers as hostilities between Israel and Iran intensify . Evacuation warnings have been issued for Tehran . 3. **Fed Rate Decision**: The Federal Reserve is expected to keep interest rates unchanged at 4.25%-4.5% today, citing economic uncertainty . 4. **Gaza Crisis**: 38 Palestinians were killed near food distribution centers in Gaza amid ongoing Israeli military operations . Starvation and malnutrition are worsening, with 71,000 children at risk . 5. **India-Pakistan Tensions**: Despite a ceasefire, the risk of renewed conflict remains high after recent aerial clashes and deeper Indian strikes into Pakistani territory . 6. **U.S. Domestic News**: - Trump’s pardons cost victims and taxpayers $1.3 billion, per a House Democrats' review . - A prison heat-relief program in California was halted after EPA funding was cut . 7. **Global Affairs**: - 97% of the world’s population lives under "tyranny," per a German NGO report . - The U.S. is pressuring allies like Australia to increase defense spending amid China’s military rise . 8. **Space Event**: Saturn and Neptune will appear close to the Moon before sunrise today and tomorrow, visible with binoculars or a telescope .
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#FOMCMeeting The Federal Open Market Committee (FOMC) is currently holding its two-day meeting on June 17-18, 2025. The key announcement, including the interest rate decision and the updated Summary of Economic Projections (SEP) or "dot plot," is expected on Wednesday, June 18, 2025, at 2:00 PM ET (18:00 UTC), followed by a press conference with the Federal Reserve Chair. Market consensus largely expects the Federal Reserve to hold interest rates steady at the current range of 4.25%-4.50% for the fourth consecutive meeting. While there's a prevailing anticipation of rate cuts later in 2025, the timing and extent remain uncertain. Investors will be closely watching the "dot plot" for any shifts in FOMC members' projections for future rate cuts, especially given ongoing discussions around economic data, inflation trends, and the potential impact of tariffs.
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$BTC As of June 16, 2025, Bitcoin (BTC) is trading around $106,650 USD. The cryptocurrency market, including BTC, has recently experienced volatility. Key factors influencing this include: * Geopolitical Tensions: Escalating conflicts, particularly in the Middle East, have led to a risk-off sentiment in global markets, impacting Bitcoin which has, at times, traded more like a speculative tech asset than a safe haven. * Market Sentiment: Despite recent price drops, the Crypto Fear & Greed Index still indicates "greed" among investors, reflecting underlying optimism. However, rapid shifts in sentiment due to news events (positive or negative) can cause significant price fluctuations. * Regulatory Developments: Ongoing discussions and announcements about cryptocurrency regulations worldwide continue to play a crucial role in shaping investor confidence and market dynamics. * Supply and Demand: Bitcoin's fixed supply (capped at 21 million) and the recent halving event (though the last one was in April 2024, its effects on long-term scarcity are still a factor) interact with demand from retail and institutional investors to drive its price. The current scenario shows BTC recovering slightly after recent dips, but overall, it remains susceptible to broader economic and geopolitical events.
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#VietnamCryptoPolicy Vietnam has recently legalized crypto assets under the *Law on Digital Technology Industry*, passed on June 14, 2025, effective January 1, 2026. The law classifies digital assets into *virtual assets* (e.g., gaming tokens) and *crypto assets* (e.g., Bitcoin), excluding securities and fiat-backed stablecoins . **Key Highlights:** Regulation:Introduces AML/CFT safeguards to address FATF’s "gray list" concerns . Tech Focus:Incentivizes AI, semiconductors, and blockchain innovation with tax breaks and R&D support . Fraud Crackdown:Recent scams (e.g., BitMiner, Million Smiles) spurred stricter consumer protections . Vietnam aims to become a regional crypto hub while balancing compliance and innovation .
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#MetaplanetBTCPurchase Metaplanet, often dubbed "Asia's MicroStrategy," has rapidly ramped up its Bitcoin holdings. As of June 16, 2025, Metaplanet has announced the acquisition of an additional 1,112 BTC, bringing its total holdings to 10,000 BTC. This significant purchase puts Metaplanet ahead of Coinbase Global in terms of Bitcoin treasury. The company's aggressive strategy includes a revised target to hold 210,000 BTC by the end of 2027, aiming to control 1% of Bitcoin's total supply. To fund these ambitions, Metaplanet has been issuing zero-interest bonds, with a recent approval for $210 million in bonds dedicated to further Bitcoin purchases. Metaplanet's stock has seen substantial gains, reflecting strong investor confidence in its Bitcoin-centric approach. This strategic pivot highlights a growing trend of corporate adoption of Bitcoin as a treasury asset, particularly in the Asian market.
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