🇺🇸 BlackRock and Fidelity have collectively purchased over | Muneeb 786 on Binance Square

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🇺🇸 BlackRock and Fidelity have collectively purchased over $500 million worth of Ethereum in the past 48 hours, signaling strong institutional interest in ETH
Source: https://uk.investing.com/news/cryptocurrency-news/blackrock-and-fidelity-collectively-purchased-500m-of-eth-in-48-hours-4095818?utm_source=chatgpt.com

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Investing.com -- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today! Tesla (NASDAQ:TSLA) What happened? On Monday, Baird downgraded Tesla to Neutral with a $320 price target. *TLDR: Tesla soars on robotaxi hype. Baird sidelines. Long-term potential remains; questions persist. What’s the full story? Baird notes Tesla’s 24% post-earnings surge—smoking the S&P 500’s 13%—is fueled by hype around its June affordable vehicle and robotaxi launch. But the analysts aren’t buying Musk’s grand robotaxi promises, calling his ramp-up projections overly optimistic and already priced into shares. Adding to the chaos: Musk’s chummy ties to Trump, which inject a fresh layer of political risk into Tesla’s brand. While Baird views Tesla as a core long-term play, they’re stepping back for now, wary of unanswered questions around the robotaxi rollout, Musk’s political theatrics, and the timeline for Optimus, Tesla’s robotics venture. Despite these near-term uncertainties, Baird still sees Tesla as a heavyweight contender over the long haul, with massive potential in robotaxis and robotics. For now, though, they’re content to sit on the sidelines as Musk’s circus rolls on. The market’s betting big on his vision, but Baird isn’t convinced the math adds up—yet $SOL

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Investing.com - Global stocks are expected to end the year above their current levels as markets price in more "optimism" around an easing in recent trade tensions, according to analysts at Citigroup (NYSE:C). The Wall Street brokerage now sees the MSCI All Country World Index Local, a benchmark gauge of world stocks, rising to 1100 by the close of 2025, implying an uptick of around 3% from current levels. The move comes after Citi previously raised their year-end 2025 S&P 500 target to 6300, driven by "a marginally more constructive fundamental view and an expectation for persistency of the current valuation backdrop." U.S. President Donald Trump has pursued a punishing and erratic tariff agenda since his return to power in January, although White House officials have been pushing to secure individual trade deals with a host of countries. A temporary delay to Trump’s elevated "reciprocal" levies on many nations is due to expire in July. Meanwhile, the U.S. and China reached a "framework" deal this week to put their trade truce back on track following marathon two-day meetings in London. In a note to clients, Citi argued that stocks should be aided by greater "visibility" around U.S. trade policy, even though Trump’s tariffs are still "creating headwinds for the global economy." Citi added that the equity outlook has been bolstered by the delayed implementation of a U.S. penalty on foreign-owned firms operating in the country. Interest rate reductions by the European Central Bank and relative improvement in wider economic data have also underpinned sentiment, the strategists led by Beata Manthey wrote. Their outlook for European stocks, in particular, has turned more bullish, aided in large part by the prospect of increased fiscal expenditures in the region and "cracks" in the perceived "exceptionalism" of U.S. equities. Citi recommended being "overweight" in European and Japanese stocks, as well as in the technology, financials and health care sectors.$SPELL

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BREAKING: China Bans All Crypto. What Happens Now? BREAKING: China Bans All Crypto. What Happens Now? Attexul Jun 3 Yep. It happened. China just banned everything crypto. Again. But this time, it’s not just talk — it’s full-on, lights-out, all-systems-shutdown. Whether you’re holding Bitcoin, Ethereum, or some random meme coin — this news matters. Let’s break it down. 🇨🇳 What Did China Actually Ban? As of May 31st, 2025, China made these moves official: ❌ Crypto trading — completely illegal ❌ Mining? Done. ❌ Even holding crypto? Also banned. ❌ Exchanges? Blocked — local and international ❌ Wallets? Frozen. Surveillance ramped up. They even said Chinese citizens with crypto outside China could be investigated. Basically, it’s a crypto wipeout. 📉 What Did the Market Do? Panic? Kind of. Bitcoin crashed from $111K to under $104K in hours Ethereum dropped nearly 7% Exchanges lit up with withdrawals Stablecoins like USDT pumped in demand But here’s the plot twist: Some are calling this the perfect buying opportunity. Because when the fear hits hardest — Let’s hear your take. 👇 #Bitcoin #CryptoNews #ChinaBan $BTC #Ethereum #CryptoMarket $BTC , $ETH , $XRP

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