Iran and Oman have released a joint statement confirming their intention to establish a joint administration over the Strait of Hormuz
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The Ethereum Foundation Announces Reorganisation, Cutting 20% Of Its Workforce.
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Gold fell 1.5% and silver dropped more than 5% as rising fears of Fed rate hikes pressured precious metals.
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Donald Trump Jr. held a private meeting with Indian billionaire Gautam Adani before his US fraud and bribery charges were dropped, Bloomberg reports.
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🇺🇸 US House Committee schedules crypto Clarity Act hearing for July 17.
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President Trump says he has instructed the DOJ to investigate the “big oil companies” for failing to pass lower crude prices on to consumers at the pump.
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Gold falls below its 200-day moving average by the largest margin since 2022.
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Financial World Updates
🇺🇸 Trump warns that gas prices must start dropping more quickly than what he is seeing now.
💪 t.me/FinancialWorldUpdates
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🇮🇳 India’s central bank is reportedly selling U.S. dollars through state-run banks to support the rupee, according to traders.
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🇯🇵 SBI Group and Startale launched JPYSC, Japan's first trust bank-backed yen stablecoin.
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Gulf states are negotiating a new security pact with Iran, moving away from the US umbrella, according to the Qatari PM.
A separate Israeli report claims Qatar has quietly expanded economic and military cooperation with Iran since 2018, and a formal regional security framework excluding Washington would mark a major shift in the Gulf's stance.
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US Dollar Index (DXY) continues strengthening against global currencies after months of consolidation at a long-term support level.
Dollar strength usually signals "risk-off" sentiment in risky assets like stocks and crypto.
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
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🎉 Community Giveaway Time! 🎉
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How to join:
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Every participant has exactly the same chance to win.
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@AltcoinTrading
We're giving away 2 x 50 USDT to our community members! 💰
How to join:
👉 Simply comment your Bitunix UID below.
⏰ Winners will be drawn in 24 hours using an external giveaway tool.
Every participant has exactly the same chance to win.
Good luck everyone, and have a great weekend! 🍀🚀
@AltcoinTrading
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🇺🇸 President Trump announced the cancellation of today’s housing news conference and bill-signing ceremony.
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US Treasuries in Structural Bear Market
US Treasuries have posted an average annual inflation-adjusted return of -3% over the last 10 years, the worst since the 1980s.
The S&P 500 returned +12% annually in real terms over the same period, the widest stock-bond gap since the 1960s.
Sustained negative real Treasury returns happened only in the 1910s, 1940s, and 1970s-80s, all with inflation sometimes above 10%.
Current deficit spending and inflation remain out of control.
💪 t.me/FinancialWorldUpdates
US Treasuries have posted an average annual inflation-adjusted return of -3% over the last 10 years, the worst since the 1980s.
The S&P 500 returned +12% annually in real terms over the same period, the widest stock-bond gap since the 1960s.
Sustained negative real Treasury returns happened only in the 1910s, 1940s, and 1970s-80s, all with inflation sometimes above 10%.
Current deficit spending and inflation remain out of control.
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Forwarded from Crypto | Bitcoin | Ethereum | Altcoin | News
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
Powerful Earthquakes Hit Venezuela
Venezuela has been shaken by two major earthquakes, with the strongest reported at magnitude 7.5, shortly after a 7.2 quake west of Caracas.
At least 32 people are reported dead and around 700 injured, with several buildings collapsing and rescue teams searching for people trapped under rubble.
Authorities have declared a state of emergency and are warning people to stay away from damaged buildings as aftershocks remain possible.
A tragic reminder of how quickly everything can change.
@PoliticFinance🥻
Venezuela has been shaken by two major earthquakes, with the strongest reported at magnitude 7.5, shortly after a 7.2 quake west of Caracas.
At least 32 people are reported dead and around 700 injured, with several buildings collapsing and rescue teams searching for people trapped under rubble.
Authorities have declared a state of emergency and are warning people to stay away from damaged buildings as aftershocks remain possible.
A tragic reminder of how quickly everything can change.
@PoliticFinance
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