π Bitcoin has soared beyond $80,000 as traders and investors look for a pullback to capitalize on buying opportunities. Many are holding off for a dip to make their purchases, while BTC's relentless ascent has resulted in heightened buying activity at local highs. Analysts at Bogdanoff Market Research forecast a correction will occur only after this peak buying trend comes to an end.
π’ Oil Report: Recent data from the API indicates that crude oil inventories have risen by 1 million barrels, following a prior decrease of 0.328 million barrels.
πΊπΈ The U.S. Department of Defense has announced that the Pentagon will fully discontinue its usage of Anthropic by the end of September.
β¨πΈπ» A Bitcoin developer noted that BTC payments in El Salvador have almost ceased. This observation came after a recent trip to the country, where the developer engaged with residents and local businesses.
β€5
π° The IMOEX index lost all its gains after the CIA director's visit to Moscow. This came in response to a WSJ article indicating that the purpose of the visit may have been to caution President Putin against escalating tensions, rather than discussing Ukraine. The final glimmer of hope for an upswing lies in Kanye West's performance at the "Gazprom Arena."
β€3
π―π΅ SoftBank intends to issue an extra $20 billion in bonds. The proceeds will be allocated for AI capital investments and a partnership with OpenAI.
β€4
π’οΈ Diesel reserves in the United States have dropped to their lowest seasonal levels on record. Read the full story here.
β€8π1
π Beginning in September, sellers in Russia are required to label diamonds exclusively as natural diamonds. This regulation is designed to safeguard consumer rights within the jewelry industry. Since the start of the year, Russia has boosted its diamond reserves by more than 100 million carats, mainly through enhanced geological exploration and the reevaluation of current sites, according to Rosnedra as reported by TASS.
β€6π4
π’οΈ A report from Trump states that the United States has secured control over Venezuelan oil. The U.S. has finalized an agreement with Venezuela, which is being hailed as the "largest oil deal in world history." This arrangement grants access to over 65 billion barrels of proven oil reserves in Venezuela at no expense to American taxpayers, effectively doubling the U.S. oil reserves and enhancing domestic oil supplies. Trump reiterated the U.S.'s ongoing support for Venezuela's journey towards prosperity.