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Market data indicates a 98.1% probability the Federal Reserve will maintain current interest rates in June, signaling policy stability amid economic uncertainty. Expectations for a rate cut remain minimal at just 1.9%.
Read MoreUN Secretary-General expresses deep concern over escalating tensions in the Middle East, urging all parties to cease attacks, exercise restraint, and avoid actions that could worsen the crisis. He emphasizes dialogue for stability and peace.
Read MoreAn IC3 report debunks exaggerated claims that cryptography alone can solve core AI challenges like trust and payments. While it enables automated transactions for AI agents, its role in combating bias or ensuring full autonomy is limited. AI still relies on humans and infrastructure, with traditional systems also viable.
Read MoreDespite recent ETF outflows, Bernstein analysts argue Bitcoin's long-term store-of-value case remains intact, driven by corporate buying, long-term holder accumulation, and capital shifting to RWA tokenization infrastructure.
Read MoreShareholders have approved a proposal to change STRC dividend payments from monthly to bi-weekly. The first record date is June 30, with the initial bi-weekly distribution scheduled for July 15, marking a significant shift in capital return policy.
Read MoreDespite Bitcoin's recent price drop, major institutions like family offices and sovereign wealth funds are not panicking but see it as a buying opportunity. Analysis shows sustained institutional confidence, ongoing infrastructure investment, and resilient ETF holdings, with overall leverage risks appearing contained.
Read MoreOpenAI has launched a dedicated economic research platform to foster collaboration among economists, researchers, and AI experts. It aims to explore how AI technologies impact and reshape global economics, policy-making, and market behaviors, marking a significant step in AI's application to social sciences.
Read MoreOpenAI disclosed a confidential S-1 filing, confirming its IPO ambitions. While timing remains fluid, the move signals a strategic push to capitalize on the AI investment boom, as rivals like Anthropic also advance their public market plans.
Read MoreA U.S. federal judge has invalidated a Trump-era order imposing a $100,000 fee on H-1B visa applications, ruling it an illegal tax. The decision provides relief for tech companies reliant on skilled foreign workers, though an appeal is anticipated.
Read MoreApple introduced its new "Apple Intelligence" AI platform at WWDC, featuring a significantly upgraded Siri with broader capabilities and Google-powered tech. However, similarities to past delayed features and a beta-only fall release left investors underwhelmed, questioning its readiness.
Read MoreThe latest New York Fed survey shows a slight dip in one-year inflation expectations, while longer-term views held steady. However, households' financial outlook soured to its worst level since 2022, highlighting persistent economic pressures.
Read MoreFormer U.S. Defense Secretary Lloyd Austin stated the U.S. Navy can secure the Hormuz Strait, but sustaining open access to this vital energy corridor requires a costly, allied effort. He also urged de-escalation on the Israel-Lebanon border to aid diplomatic talks.
Read MoreIran's parliamentary speaker identifies U.S. actions as the root of tensions, accusing violations of ceasefire agreements and maritime blockades. Iran vows a decisive response to defend national rights, with armed forces firmly fulfilling duties.
Read MoreA senior Iranian commander warns that a new strategic security axis is forming from the Strait of Hormuz to the Bab el-Mandeb Strait. He blames U.S. and Israeli actions for escalating tensions and indicates allied coordination has reached new levels, with forces deployed near vital maritime routes.
Read MoreThe Federal Reserve's overnight reverse repo facility usage jumped significantly to $1.832 billion on Monday, involving 16 counterparties. This sharp increase from the prior $761 million may signal shifting dynamics in short-term funding markets.
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