The Bank of Japan raised its benchmark interest rate to 1% on June 16, the highest level the country has seen since September 1995 and the furthest point yet in a normalization campaign that has slowly dismantled three decades of near-free money. Going into the decision, the track record pointed one way: every one of…
In brief Midjourney announced Midjourney Medical, a new division focused on full-body imaging. The company said its proposed “Ultrasonic CT” system could ultimately generate MRI-like scans in about 60 seconds using soundwaves, water, and AI. Midjourney plans to open its first imaging-equipped spa in San Francisco in 2027 and eventually deploy tens of thousands of…
Stocks have been on a tear this year. We’re still a couple of weeks away from the halfway mark, and already the Dow is up 7.4%, the S&P 500 is up 9.6%, and the tech-heavy Nasdaq is up 14.1%. Additionally, the small-cap Russell 2000 is up 20.1%, and the mid-cap S&P 400 is up 14.7%.The…
Bitcoin (BTC) is once again approaching its yearly low near $59,000 after a failed recovery attempt left bulls unable to reclaim key resistance levels. BTC traders are now anticipating new lows for 2026 as the price drifts back toward a major support zone. However, exchange inflows from mid-sized investors across Binance and Coinbase recently dropped…
There is a word choice in this XRP price predicts that tells you everything about how Google Gemini AI is thinking, instantly. Permanently codifying XRP as a digital commodity would instantly lift the compliance barriers holding back massive sovereign and pension fund allocations. Not gradually, not eventually, instantly. Gemini is treating the CLARITY Act not…
Key Takeaways Iran threatened to close the Strait of Hormuz, risking renewed oil market stability after an IDF blitz. CENTCOM countered on June 20, reporting 55 ships moved 17M barrels to stabilize oil prices. Oil dropped to $77, and Bitcoin topped $66K after the ceasefire, but a Strait closure would hit risk assets. Iran Announced…
In brief Activity on the Bitcoin network has been trending up, reaching levels not seen since 2024. But while transaction counts are growing, the value of the transactions is relatively small. Bitcoin transactions of less than 0.01 BTC and 0.001 BTC now make up around 80% of the total network activity. Transaction counts on the…
Dow Jones futures: Iran closed the Strait of Hormuz after the stock market rose last week on the interim deal. Nvidia is near a buy point. SpaceX stock needs this. Source link
In May, the European Commission opened a comment period, seeking feedback on regulations for the cryptocurrency and blockchain industries. The comment period will precede eventual revisions and additions to the Markets in Crypto Assets (MiCA) legislative framework. Some have already dubbed the expected new framework “MiCA 2.0.” Katie Harries, director and head of policy for…
Bitcoin is not having a good time as Strategy STRC peg finally snapped, Iran peace talks stalled before they even started, and Microsoft just told every Windows user touching crypto to wake up. Strategy chairman, Saylor, dropped a tweet this morning that felt way too calm for him. There is fire, no shill energy in…
