CRYPTO ZONE
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🌎 The foreign exchange market shows that USDCNY is trading at 6.8 and USDTRUB at 77.4. These rates reflect the current value of the US dollar in relation to the Chinese yuan and the Russian ruble.
⚠️✴️ According to data from Santiment, optimism within the crowd surrounding BTC has surged to a four-month high amid a rebound, suggesting a significant wave of FOMO currently. Historically, such conditions tend to be bearish. At the same time, BTC is starting to challenge a key resistance level: its 200-day moving average. Discover more here.
🛢️ In March, in the wake of the Middle East conflict, the United States significantly ramped up its oil and petroleum product exports to the global market, totaling $23 billion, based on calculations by RIA Novosti utilizing data from the U.S. statistical service. Experts point out that the disruption in the Strait of Hormuz is advantageous for the U.S., which seldom relies on this route and is now actively promoting its oil as an alternative. On May 5, Trump openly remarked that the situation in Hormuz is driving countries to purchase U.S. oil, as reported by mt in max.
🔹Matthew Sigel, the head of digital asset research at VanEck, continues to assert that Bitcoin (BTC) has the potential to soar to $1,000,000 in the next five years. Find out more here
⚠️✴️🇺🇸 Peter Schiff has described the company Strategy as a Ponzi scheme and a Bitcoin pyramid. For more information, visit mt in max.
📈 Upcoming Major Token Launches: Check out the Cryptorank Report. For additional details, visit mt in max.
The Bitcoin narrative shifts as Michael Saylor makes some striking claims. In February 2025, he strongly advised against selling BTC, even humorously suggesting he would sell a kidney or a tooth to hold onto it. By May 2026, his stance evolved to recommending buying more BTC rather than selling. During a conference call on May 5, he indicated that his strategy might involve selling some BTC to cover dividend payments, playfully noting that he wouldn’t resort to selling body parts this time. Find out more
❗️🛢 The United States intends to revive "Project Freedom" to clear the Hormuz Strait, following Saudi Arabia and Kuwait's decision to lift their ban on American troops using their bases, as reported by the WSJ and a US official. However, Al Jazeera counters this report, citing a US official who refutes any plans to restart these operations. For further information, visit mt in max.
📰 Trump has set a deadline of July 4 for the EU to meet its commitments under the trade agreement, cautioning that failure to do so will lead to a substantial rise in tariffs on European goods, as reported by mt in max.