🔹 🇺🇸 Trump to Sign Executive Order Today Allowing cryptocurrencies to be included in 401(k) retirement accounts.
🔹 🇬🇧 Bank of England Cuts Interest Rate By 0.25%, bringing it down to 4%.
🔹 📈 Corporate Earnings Report: 82% of companies in the S&P 500 have reported better-than-expected quarterly earnings, despite Trump’s tariffs.
🔹 🇺🇸 Another Executive Order by Trump: He will sign an order to fight banking discrimination against: • Cryptocurrency • Religious beliefs • Political views
🔹 💬 Elon Musk: OpenAI will devour Microsoft.
🔹 Official: Trump has signed the executive order opening the $12.5 trillion 401(k) market to crypto investments.
China has approved the launch of its first crypto stablecoin. (Source: FT)
🇺🇸 President Trump officially announced a $600 billion investment plan by Apple to relocate its manufacturing facilities to the United States.
🇺🇸 Trump stated that a 100% tariff will be imposed on all imported chipsets and semiconductors, except for companies that build their production facilities within the U.S.
🗣 On Elon Musk, Trump said:
“I think he’s a good person. He had a very bad, really bad, moment — but overall, he’s a good person.”
🏘 The U.S. Federal Housing Chief said:
“Jerome Powell, Chairman of the Federal Reserve, has harmed the housing market.”
🇺🇸 Trump also declared:
“Retaliatory tariffs will be enforced from midnight, and billions of dollars will flow into the United States.”
🇺🇸🇮🇳 President Trump has signed a new executive order that imposes a 25% additional tariff on imports from India due to India’s purchase of sanctioned Russian oil.
🇺🇸 Trump announced that he has donated his presidential salary to the White House Historical Association.
🇦🇪 Dubai has officially approved the first options trading license for cryptocurrencies.
🇯🇵 Metaplanet company has purchased an additional 463 Bitcoins worth 53 million dollars. The company now holds a total of 17,595 Bitcoins valued at 2 billion dollars.
Bitcoin is consolidating at ~$114K, institutional whales (notably Strategy) are buying big, markets expect an $140K peak by year-end, and global banks and regulators are increasingly onboard
Bitcoin is consolidating at ~$114K, institutional whales (notably Strategy) are buying big, markets expect an $140K peak by year-end, and global banks and regulators are increasingly onboard