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#FOMCMeeting Drivers are increasingly reluctant to switch from internal combustion engine vehicles to electric ones, and this trend is more pronounced in Europe than in the US, Reuters reports, citing the results of a Shell survey.

The survey included 15,000 car owners worldwide, including the UK, China, Germany, and the US.

The main obstacle cited was the high cost of electric vehicles, said David Bunch, head of mobility and services at Shell.

#VietnamCryptoPolicy Bitcoin strengthened on Monday, recovering some of its recent losses after the renewed Iran-Israel conflict undermined risk appetite and at one point sent the world's largest cryptocurrency to a weekly low.

Prices of other cryptocurrencies also followed Bitcoin's rise, recovering losses. However, risk appetite remained under pressure from the Iran-Israel conflict after both sides exchanged a series of devastating strikes over the weekend.

After falling to $102,000 over the weekend, Bitcoin rose by 1.16% to $106,820 as of 10:04 MSK.

#MetaplanetBTCPurchase Bitcoin strengthened on Monday, recovering some of its recent losses after the renewed Iran-Israel conflict undermined risk appetite and temporarily sent the world's largest cryptocurrency to a weekly low.

Prices for other cryptocurrencies also followed Bitcoin's rise, recovering losses. However, risk appetite remained under pressure from the Iran-Israel conflict after both sides exchanged a series of devastating strikes over the weekend.

After dropping to $102,000 over the weekend, Bitcoin rose by 1.16% to $106,820 as of 10:04 Moscow time.

#CardanoDebate The federal debt of the United States is "undoubtedly" on an unsustainable path, with rising obligations potentially leading to increased inflation and harming the economy as a whole, according to analysts at Capital Economics.

Data from the Treasury Department shows that the federal debt of the United States currently stands at $36.22 trillion, a burden that, according to analysts at Capital Economics led by Paul Ashworth, is "already close to 100% of gross domestic product."

Ashworth added that if the U.S. budget deficit remains at around 6% of GDP in the foreseeable future, the total debt-to-GDP ratio could rise to 120% over the next decade.

#TrumpTariffs Bitcoin fell in price on Thursday after U.S. President Donald Trump confirmed progress in trade negotiations with China, but warned that new tariffs for major economies would be announced in the coming weeks.

Investors also closely assessed the consumer price inflation data released the day before, which came in below expectations, to evaluate tariff pressure and the prospects for interest rates from the Federal Reserve.

The world's largest cryptocurrency dropped 1.7% to $107,782.20 as of 11:10 Moscow time.

In 2024, the situation changed again, and Changpeng Zhao's wealth began to recover. The upward trend continued in 2025, almost reaching its previous peak. All of this corresponds to the unstable nature of cryptocurrencies in recent times.

It is known that the largest part of Zhao's portfolio consists of Binance Coin (BNB) tokens, nearly 98.48%. Among other digital assets: 1.32% Bitcoin, 0.17% Eurite (EURI), and 0.03% Tether (USDT). These figures are approximate because the exact volume of his assets is not disclosed. In any case, the wealth of the former CEO of Binance is entirely dependent on the value of BNB.

#TradingTools101 Former CEO of the cryptocurrency exchange Binance Changpeng Zhao has regained his status as the richest Chinese person on Forbes magazine's billionaire list.

According to data on the publication's official website, Zhao's wealth has reached $65.7 billion. And although the co-founder of Binance is closely associated with China, Forbes lists his citizenship as Canadian. He ranks 24th in the magazine's global ranking.

Changpeng Zhao's net worth fluctuates significantly as his portfolio is closely tied to cryptocurrencies. In 2022, his wealth peaked, but in 2023 there was a noticeable decline.

Look at my portfolio combinations. Subscribe and learn how I invest! Also, the kingdom aims to regain market share from other OPEC+ members, Blanch noted:

"For more than three years, they themselves have restrained production, supporting prices, and allowing competitors to increase their volumes. This is over."

The change in tactics is already bearing fruit: according to the latest data from Baker Hughes, the number of active drilling rigs in the US has fallen to a minimum in about four years.

Look at my portfolio combination. Subscribe and learn how I invest!

The kingdom is also aiming to regain market share from other OPEC+ members, Blanch noted:

"For more than three years, they themselves restrained production to support prices, allowing competitors to increase volumes. That is over."

The change in tactics is already bearing fruit: according to the latest data from Baker Hughes, the number of active drilling rigs in the US has fallen to a minimum in about four years.

#NasdaqETFUpdate The kingdom is also focused on regaining market share from other OPEC+ members, Blanch noted:

"For more than three years, they have restrained production themselves, supporting prices, and allowing competitors to increase volumes. This is over."

The change in tactics is already yielding results: according to the latest data from Baker Hughes, the number of active drilling rigs in the U.S. has fallen to a minimum in about four years.

#MarketRebound The head of the commodity research department at Bank of America believes that the recent production increases by OPEC+ are part of Saudi Arabia's strategy of a 'long but shallow' price war aimed at regaining market share, according to Bloomberg.

The organization, of which Saudi Arabia is the de facto leader, announced last month a third increase in production of more than 400,000 barrels per day. These steps negate years of production restrictions aimed at maintaining high prices.

"This is not a short and sharp price war, but a prolonged and shallow one," says analyst Francisco Blanch. According to him, Saudi Arabia wants to reclaim market share from the American shale sector, which, although strong, faces rising costs.

#SouthKoreaCryptoPolicy Futures on American stock indices slightly declined on Sunday evening amid caution ahead of the resumption of trade talks between Washington and Beijing, as well as in anticipation of key inflation data to be released later this week.

Risk appetite was undermined by signs of steadily increasing civil unrest in Los Angeles, after the National Guard was deployed over the weekend to suppress widespread protests against President Donald Trump's immigration policy.

#CryptoCharts101 However, regional markets remained cautious as traders awaited real results rather than just talk. Ahead of the publication of U.S. Consumer Price Index (CPI) data later this week, investors balanced hopes for de-escalation of trade tensions with broader macroeconomic dynamics.

The Singapore dollar pair USD/SGD fell by 0.2%.

The Indian rupee pair USD/INR lost 0.2%, while the South Korean won USD/KRW also traded 0.2% lower.

The Australian dollar pair AUD/USD rose by 0.3%.

#TradingMistakes101 Asian currencies are rising, markets are watching the dialogue between the USA and China
US Treasury Secretary Scott Bessen, Commerce Secretary Howard Lutnik, and Trade Representative Jamison Greer are expected to meet with Chinese Vice Premier He Lifeng in London, building on a preliminary truce established in Geneva last month.

The agenda will focus on tariff removal, adjustments to technology export rules and critical minerals, as well as defining broader trade frameworks.

Markets reacted to renewed optimism that discussions may alleviate global trade tensions and provide clarity on critical policy issues.

#CryptoFees101 Most Asian currencies rose on Monday as the dollar retreated ahead of key trade talks between the US and China, which will take place in London later in the day, while the Chinese yuan traded unchanged after the release of weak inflation data and disappointing export figures.

The USD Index, which measures the value of the US dollar against a basket of major currencies, fell by 0.2% during Asian trading hours after a sharp rise on Friday amid strong US labor market data.

Futures on the USD Index also traded 0.2% higher.

good day

The U.S. Department of the Treasury stated on Thursday in the first half-year report on the currency policy of the new Trump administration that none of the major trading partners of the U.S. manipulated their currency in 2024. This was reported by Reuters.

However, the "watch list" of countries requiring close attention has increased to nine with the addition of Ireland and Switzerland.

#TrumpVsMusk Cryptocurrency prices today: altcoins retreat
Broader cryptocurrency prices have also fallen amid persistent risk aversion. The world's second-largest cryptocurrency, Ether, fell by 4.2% to $2,480.15, while XRP dropped by 1.8% to $2.1605.

Cardano fell nearly 2.4%, while Solana is now in positive territory after a decline of about 2.9% earlier in the session. Polygon lost nearly 4%.

Bitcoin is heading for weekly losses amid sustained profit-taking
Bitcoin is set to lose 1.6% this week, marking the second consecutive week of losses as the cryptocurrency faces ongoing profit-taking following recent record highs. Bitcoin peaked at nearly $112,000 in mid-May.

However, the cryptocurrency has largely been range-bound since its recent peak, as heightened economic uncertainty has prompted traders to cash in on recent gains.