Key Takeaways Jamie Dimon called the bull market a “little tsunami” at a June 21 Council on Foreign Relations event. He cited $700 billion in AI spending, 4.3% unemployment, and 2% GDP growth as near-term supports. Dimon flagged Ukraine, Iran, Russia, and China tensions as underpriced longer-term risks. A Warning Wrapped in a Metaphor Speaking…
Key Takeaways Rep. Bryan Steil’s bill would bar House members and families from political bets on Kalshi and Polymarket. Violators face a penalty of at least $2,000 or 10% of the trade, plus forfeiture of net profits. Speaker Johnson and Trump back the measure, which echoes a Senate rule passed earlier in 2026. A New…
Wall Street got the message loud and clear. Fed Chairman Kevin Warsh is shaking up the institution tasked with keeping inflation in check. Investors hoping for dovish signals got a different message from Warsh. After the Federal Reserve left interest rates unchanged, the new Fed chair used his post-meeting press conference to emphasize the central…
In brief Dozens of mostly college-age creators were paid to film fake bets, and sometimes fake wins, on near-identical copies of the Polymarket website, a Wall Street Journal investigation found. A WSJ review of 1,105 videos by 10 creators found that none of roughly $1.9 million in wagers shown were real, including a creator’s staged…
US stock futures rose as Micron and Qualcomm helped boost confidence in the AI trade following several tough days for tech stocks. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) hovered above the flat line. Futures attached to the tech-heavy Nasdaq 100 (NQ=F) rose 2%. Micron (MU) posted…
Key Takeaways Peter Schiff argued bitcoin cannot be considered “cheap” because it lacks traditional valuation metrics such as earnings, yield, or book value. Schiff warned that steep declines in Strategy’s stock and preferred shares signal growing risks for bitcoin-linked investment vehicles. Bitcoin supporters counter that the asset should be valued as a scarce monetary network…
Key takeaways: Cooling oil prices and a multi-month high for the US dollar are keeping intense pressure on non yield-bearing assets. Spot Bitcoin ETF outflows paired with Strategy’s slowest buying pace in 18 months signal short-term downside risks. Bitcoin (BTC) traded down to $59,060 on Wednesday despite the sharp retreat in oil prices. Inflationary pressures…
Five Senate Democrats, Elizabeth Warren, Richard Blumenthal, Gary Peters, Dick Durbin, and Ron Wyden, formally demanded hearings on June 23 into the $500 million UAE investment in Donald Trump crypto venture, World Liberty Financial, calling the deal unprecedented in American political history and demanding sworn testimony from White House officials on what they knew and…
In brief Standard Chartered forecasts AAVE will rise ~50x from ~$70 earlier Wednesday to $3,500 by the end of 2030. The bank believes Aave has moved past an April liquidity crunch that halved deposits, and expects the token to track a projected 37x growth in DeFi assets by 2030. The bullish case depends on unproven…
STORY: U.S. stocks ended mixed on Wednesday, with the Dow gaining just over a third of a percent, while the S&P 500 edged slightly lower and the Nasdaq lost more than four-tenths of a percent. Investors were intensely focused on chip maker Micron Technology’s results after the closing bell. The stock, which has surged more…
Key Takeaways AI models forecast bitcoin in 30-day, 90-day and year-end ranges. Bitcoin’s 40% annual drop kept AI forecasts cautious and mostly bearish. BTC’s next move hinges on $61,000 support, exchange-traded fund (ETF), and corporate flows alongside macro easing. Bitcoin prices for this AI test editorial were logged on June 23, 2026, before BTC plunged…
Hyperliquid’s HYPE token is down 22% from its $75 all-time high, bringing its 2026 uptrend to a key test of support. Market participation has cooled across the derivatives markets, while the spot flows show early signs of stabilization after strong selling pressure in early June. The $50-$54 area now stands out as the most important…
ChatGPT AI just made a prediction on SpaceX stock price that treats the recent pullback as an opportunity rather than a warning. The model sees $220 to $280 by the end of 2026, with an aggressive case stretching to $320. The bull case treats SpaceX as a rare combination of businesses trading under one ticker….
A highly watched Hyperliquid ETH long has become a public stress point for traders tracking whale leverage in real time. On June 23, Lookonchain said the account it identified as Machi Big Brother was liquidated 7 times over 10 hours while still holding long positions. Seven forced exits in one 10-hour window would usually be…
