๐บ๐ธ๐บ๐ฒ๐บ๐ฒ๐บ๐ฒ๐บ๐ฒ๐บ๐ฒ๐บ๐ฒ๐บ๐ฒ๐บ๐ฒ๐บ๐ฒ๐บ๐ฒ๐บ๐ฒ๐บ๐ฒ President Trump is set to meet with crypto leaders at the White House on August 19.
โก๏ธZelenskyy discussed the protection of food supplies from russian attacks with Egyptian President Abdel Fattah El-Sisi, specifically addressing threats to Black Sea exports and the risks of rising prices and food shortages.
According to the President, russian attacks have already led to a significant drop in Ukrainian food supplies to Egypt, Africa, and the Middle East, and two Egyptian citizens were killed during russian strikes on cargo vessels.
๐ Bitcoin under pressure near $63.5K BTC/USD is trading near $63.5K following softer US inflation data.
๐ Weak PPI data reduced the risk of a tighter Fed policy, but a strong labor market is tempering optimism. Outflows from Bitcoin ETFs indicate that the market is not yet ready for a new rally.
Iran has completely ruled out any future negotiations with the Trump ๐บ๐ธ administration, declaring it will wait out Donald Trump's term until January 20, 2029.
Gold has sharply outperformed Bitcoin Over the past year, gold rose by 28%, while Bitcoin lost 44% of its value.
๐ Demand for gold was bolstered by large-scale central bank purchases and inflows into gold ETFs. Bitcoin is once again facing skepticism regarding its role as "digital gold."
๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ Meanwhile, Iran has set conditions for the US regarding the opening of the Strait of Hormuz: compensation for damages caused by US strikes; an end to threats and attacks against Iran and its allies in Lebanon, Palestine, Yemen, and Iraq; the lifting of the naval blockade; the removal of sanctions; and the unfreezing of Iranian assets. #IranNamesRezaeeToHeadSecurityCouncil #USRedirects55VesselsUnderHormuzBlockade #Hormuz #iran #US
As the saying goes, the lock-up expirations are here ๐ On August 6, early investors and employees gained the right to sell SpaceX (SPCX) shares worth over $100 billion. It seemed like an obvious sell signal. But things didn't go according to plan (+26% in a week). Perhaps crypto and stock lock-up expirations are two different stories. In any case, itโs great that we can trade more than just crypto.