> USMCA TALKS MISS DEADLINE, TRADE UNCERTAINTY RISKS RISE

THE US, MEXICO, AND CANADA ARE EXPECTED TO MISS THE JULY 1 DEADLINE TO RENEW USMCA, LIKELY TRIGGERING EXTENDED NEGOTIATIONS OVER TARIFFS AND TRADE RULES, ESPECIALLY IN AUTOS. OFFICIALS NOW SEE ONGOING “ROLLING” REVIEWS RATHER THAN A FULL EXTENSION. THE US IS PURSUING BILATERAL TALKS AND SIDE DEALS INSTEAD OF FORMAL RENEWAL, KEEPING THE PACT IN PLACE BUT INCREASING UNCERTAINTY FOR NEARLY $2T IN ANNUAL TRADE.

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> NEW ฿ YEARLY LOW: $59,786

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> BITCOIN DIPS BELOW $60,000
$BTC

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> OVER $1 TRILLION WIPED OUT FROM THE US STOCK MARKET IN THE FIRST TWO HOURS OF TRADING TODAY.

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> $EBAY - RYAN COHEN PUSHES EBAY BID DESPITE REJECTION

RYAN COHEN SAYS HE REMAINS COMMITTED TO ACQUIRING EBAY, DESPITE THE BOARD REJECTING GAMESTOP’S OFFER AS “NOT CREDIBLE.” HE TOLD BARRON’S HE MAY TAKE THE BID DIRECTLY TO SHAREHOLDERS AND ARGUES THE DEAL WOULD UNLOCK VALUE THROUGH COST CUTS AND SYNERGIES IN COLLECTIBLES AND E-COMMERCE. GAMESTOP NOW HOLDS A 7.8% STAKE IN EBAY. COHEN SAYS EBAY IS “UNDEREARNING” AND INSISTS HE CAN IMPROVE PROFITABILITY SIGNIFICANTLY.

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> *BITCOIN FALLS BELOW $60,000 FOR FIRST TIME SINCE OCTOBER 2024

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> BREAKING: BITCOIN CRASHES UNDER $60,000

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> SEC DEVELOPING FRAMEWORK FOR TOKENIZED SECURITIES TRADING UNDER “INNOVATION WITHOUT ARBITRAGE” PRINCIPLE

SEC TRADING AND MARKETS DIRECTOR JAMIE SELWAY SAID THE AGENCY IS DEVELOPING A FRAMEWORK FOR THE LISTING AND TRADING OF TOKENIZED SECURITIES UNDER THE PRINCIPLE OF “INNOVATION WITHOUT ARBITRAGE.” HE ALSO SAID THE SEC AND CFTC ARE COORDINATING ON RULES FOR DERIVATIVES AND EVALUATING NEW PRODUCTS, INCLUDING PERPETUAL FUTURES, WHILE SEEKING TO PREVENT REGULATORY ARBITRAGE AND EXCESSIVE RETAIL LEVERAGE. — LINK

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> SECURITIZE CLEARS SEC REGISTRATION STATEMENT HURDLE, SETS PATH TO NYSE LISTING AS SECZ — LINK

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> *TRUMP: WOULDN'T MIND IF WARSH CUT INTEREST RATE

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> $META - *META WEIGHS RAISING TENS OF BILLIONS IN NEW SHARE SALE: FT

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> ACCORDING TO BINANCE MARKET DATA, BTC FELL BELOW THE $60,000 LEVEL AND IS CURRENTLY TRADING AT $59,352.01, DOWN 7.10% ON THE DAY, AFTER HITTING AN INTRADAY LOW OF $59,141.00. ETH IS TRADING AT $1,554.97, DOWN 1.79% OVER THE PAST 24 HOURS, AFTER TOUCHING A LOW OF $1,543.33. MEANWHILE, COINGLASS DATA SHOWS THAT APPROXIMATELY $462.52 MILLION IN CRYPTO DERIVATIVES POSITIONS WERE LIQUIDATED ACROSS THE MARKET OVER THE PAST FOUR HOURS, INCLUDING $393.31 MILLION IN LONG LIQUIDATIONS AND $69.21 MILLION IN SHORT LIQUIDATIONS. — LINK

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> 🇺🇸 FORMER PRESIDENT JOE BIDEN'S SON, HUNTER BIDEN, SAYS "FIAT IS A SHAM, THE BANKING CLASS IS CORRUPT."

"DECENTRALIZED DIGITAL CURRENCY AND THE BLOCKCHAIN ARE THE INEVITABLE FUTURE."

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