🇰🇬 Kyrgyzstan is the leading crypto hub of Central Asia (CT)

Kyrgyzstan consolidates the status of the most progressive jurisdiction in the region in the field of digital assets.

The country does not prohibit the crypt, but creates clear and convenient rules for market participants.

✦ In 2022, the law «On Virtual Assets» was adopted:
⊹ Clear rules for the release, storage and circulation of crypts.
⊹ VASP (crypto service providers) licensing.
⊹ 126 licenses have already been issued - more than in any country in the region.

✦ Banks can work with crypto:
⊹ Since 2023, commercial banks have been allowed to provide crypto services under the control of the Central Bank.
⊹ VASP turnover increased from $59,000,000 (2022) to $4,200,000,000 in 7 months of 2024.
⊹ 98% of transactions are through retail exchange offices.

✦ Mining is legalized and taxed:
⊹ The tax is tied to electricity consumption.
⊹ The rate is reduced from 15% to 10% in 2024.
⊹ Income from mining exceeded $1,000,000 in 2023.
⊹ Unified tax code without separate fees for different tokens.

✦ USDKG is a gold stablecoin from the state:
⊹ Together with the Ministry of Finance.
⊹ 1:1 to the dollar.
⊹ Provided with physical Gold.
⊹ Undergoes an independent audit.
⊹ Used for calculations and transfers.

@Сryptoz ₿

⚡️ Donald Trump:

- I am very disappointed with Elon Musk and his statements about the tax bill.
❗️The United States will have excellent relations with Germany.
- Trade negotiations have never gone derail.
- We have dealt with the difficulties. Let’s meet with Chinese delegates.
- We have a deal with China, and we want to make sure that everyone understands it.
- We are on the right track with a trade deal with China.
- I will go to China at some point.
- Xi Jinping will come to the USA..
- I want to make oil and gas part of trade agreements.
- German Chancellor Merz is a good person for doing business, but difficult.
- Germany spends a lot of money on defense.
❗️ I will discuss a potential trade deal with the EU with the Chancellor of Germany.
❗️Now inflation is very low in the United States.

@Сryptoz ₿

🌍 Tether expands in Africa (release)

The #USDT issuer announced an investment in the African fintech platform Shiga Digital.

Shiga Digital offers virtual accounts, OTC services, reserve management and currency services for African businesses. An online gateway for direct transactions in USDT (without conversion to local currency) is now being developed.

Purpose: solving the problems of cross-border payments and access to global liquidity.

@Сryptoz ₿

⬆️ Trading in Circle shares officially started on the NYSE exchange.

Ticker: #CRCL. At the moment, the price per share reached almost $104. Current price = almost $81.

Circle is the issuer of the #USDC stablecoin.

@Сryptoz ₿

🤑 James Wynn’s total/total loss after closing all LONG positions amounted to -$20,500,000 (Arkham)

«The evil marketmaker beat Winn with a score of 1-0» (twitter)

@Сryptoz ₿

🤔 #APE CEO Yuga Labs proposed to close ApeCoin DAO and transfer management to a new structure - ApeCo (forum)

All remaining assets of Ape Foundation and ApeCoin DAO are planned to be transferred to ApeCo, except for funds reserved for:

- Steaking.
- Legal obligations.
- Administrative and transitional costs.

The goal — is to abandon the «management theater» and move on to a professional model in which only strong and promising projects are supported.

@Сryptoz ₿

😳 One of Donald Trump’s company advisors World Liberty Financial opened a short on the #TRUMP memcoin with a 10x shoulder - Lookonchain

Position volume - 2,600,000$ (see)

@Сryptoz ₿

👀 James Wynn changed his Twitter avatar after three liquidations in a row - now it perfectly reflects his current state.

Now the trader is «shaving off the dust from old wallets» - preparing to return to the game not empty-handed (original)

@Сryptoz ₿

💸 Donald Trump and Elon Musk lost billions of dollars due to the conflict (original)

The public quarrel between Trump and Musk turned into personal attacks and caused panic among investors:

🔻 Tesla shares fell by 14.3% - Musk lost almost $20,000,000,000.
🔻 Trump Media dropped by 8% - Trump lost about $202,000,000.
🔻 Memecoin #TRUMP collapsed by 10% - another minus 900,000,000$.

The result — is that the altercation in social networks cost them about $21,000,000,000.

@Сryptoz ₿

🪞 James Wynn: Never trade with leverage.

«I earned $100,000,000 and lost it in a week, trading with a shoulder like an idiot.»

@Сryptoz ₿

🇺🇸 Probability of Donald Trump’s impeachment this year = 12% (based on Polymarket rates)

@Сryptoz ₿

🇨🇭 Switzerland will start automatic data exchange on crypto assets - release

The Swiss Federal Council has approved a list of 74 countries with which the automatic exchange of information on crypto assets (AEOI) will take place.

In the list:
⊹ All EU countries.
⊹ Great Britain.
⊹ Most G20 (except the United States and Saudi Arabia).

Exchange is possible only if the partner country itself is interested in the exchange and complies with the OECD Crypto-Asset Reporting Framework standard.

@Сryptoz ₿

🔽 SoSoValue: The OUTFLOW of money from spot Bitcoin ETFs has resumed, -$278,440,000 for yesterday.

@Сryptoz ₿

🔥 Trump’s TMTG company will attract $12,000,000,000 for a potential purchase of Bitcoin!

TMTG – Trump Media & Technology Group.

@Сryptoz ₿

🔥 U.S. macro data:

▪️ Unemployment rate (May)

FACT: 4.2%
FORECAST: 4.2%
PREVIOUS: 4.2%

▪️ Change in the number of employees in the non-agricultural sector (May)

FACT: 139K
FORECAST: 126K
PREVIOUS: 177K

▪️ Average hourly wage (compared to the same period last year) (y/y) (May)

FACT: 3.9%
FORECAST: 3.7%
PRE.: 3.8%

▪️ Average hourly wage (m/m) (May)

FACT: 0.4%
FORECAST: 0.3%
PRE.: 0.2%

@Сryptoz ₿

😒 Donald Trump plans to get rid of his Tesla - WSJ

The President of the United States bought an electric car as part of a photo shoot at the White House, the purpose of which was to support Elon Musk’s business.

@Сryptoz ₿

🇩🇪 Deutsche Bank is preparing to launch its own stablecoin (Bloomberg)

The bank is considering the possibility of working with stablecoins - from the issuance of its own token to participation in industry initiatives.

+ Deutsche Bank evaluates the development of its own solution for tokenized deposits (use blockchain for payments).

Deutsche Bank — is one of the largest European banks (TOP-1 in Germany). Assets under management = 1,810,000,000,000$+.

@Сryptoz ₿

🤑 EmberCN: James Wynn transferred a total of 1,900,000 USDC to centralized exchanges.

$1.5m - on Kucoin, $335k - on MEXC and $75k - on Gate.

@Сryptoz ₿

#Calendar
⚡️ Calendar of key events for this week:

Monday, June 9:
🇺🇸🇨🇳Trade negotiations between the United States and China in London - announcement

Tuesday, June 10:
- nothing important

Wednesday, June 11:
🔥USA - consumer inflation CPI (May) - 15:30

Thursday, June 12:
🇺🇸USA - Initial Jobless Claims - 15:30
🔥USA - PPI inflation (May) - 15:30

Friday, June 13:
- nothing important

Saturday, June 14:
🇺🇸Military parade in the United States in honor of DR Donald Trump and the anniversary of the U.S. Army.

Sunday, June 15:
🌎 G7 summit in Canada - day 1

🔥 #AVL Avalon Labs burned 80,000,000 AVL tokens... This is 44% of the total circulating supply (announcement)

Altcoin grew by 23%.

Avalon Labs’ mission is to transform Bitcoin from a passive store of value into an active financial instrument.

@Сryptoz ₿

🤔 #XLM «Stellar now has a full set of functions and is ready to meet the needs of the world economy» - a new roadmap

@Сryptoz ₿