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10x Research’s Markus Thielen sees a “real possibility” of a lower CPI print in the US on Feb. 12, which could defy consensus expectations and trigger a Bitcoin rally.
HBAR's 10% drop fuels a surge in short positions, with technical indicators predicting more downside. If support at $0.20 breaks, further losses could follow.
Bitcoin may be flagging on short timeframes, but there is plenty of belief in BTC price discovery returning as gold surges.
Pi Network’s upcoming Open Network launch has experts raising red flags over its pyramid-like structure and potential legal risks. Despite widespread growth, concerns about its legitimacy persist, especially in regulated regions.
Cardano's ADA initially surged after news of Grayscale's spot ETF filing, but the excitement quickly faded, with ADA dropping 4% as bearish sentiment takes hold.
- 22:47Trump Media Group completes $2.44 billion financing, will use $2.32 billion to establish Bitcoin reservesBlockBeats reports that on May 30, Trump Media Group announced the completion of its previously disclosed private placement with approximately 50 institutional investors. This issuance includes: · The sale of 55,857,181 shares of common stock at a price of $25.72 per share, raising gross proceeds of approximately $1.44 billion; · The issuance of $1 billion principal amount of convertible senior secured notes due 2028, with a conversion price of $34.72 per share. The total fundraising amounts to approximately $2.44 billion. Trump Media will use approximately $2.32 billion of net proceeds to establish a Bitcoin reserve and for other general corporate purposes and working capital. As one of the largest Bitcoin reserve transactions among publicly listed companies, the net proceeds from this issuance and the company's strategy will make Trump Media Group one of the largest holders of Bitcoin among U.S. publicly listed companies. Following this issuance, Bitcoin will be included on Trump Media Group's balance sheet, alongside $759 million in cash, cash equivalents, and short-term investments as of the end of the first quarter of 2025. (Jin10)
- 22:47Progress in US-Japan Trade Talks Agreement Expected as Early as JuneAccording to a report by Jinse Finance, Japan's chief trade negotiator Akazawa Ryo Masa stated that progress has been made in the latest round of tariff negotiations with the Trump administration, with an agreement expected to be reached by early next month, though he did not disclose specific details. Akazawa Ryo Masa mentioned after meeting with U.S. Treasury Secretary Besent and Commerce Secretary Lutnick in Washington on Friday that both parties will meet again before the G7 Summit from June 15 to 17. It is anticipated that Japanese Prime Minister Shibashige and U.S. President Trump will hold talks during the summit.
- 22:47Trump Says He Will Raise Tariffs on Imported Steel to 50%According to a report by Jinse Finance, U.S. President Trump stated on the 30th local time that he will increase the tariff on imported steel from 25% to 50%. On February 10th, Trump signed an executive order announcing a 25% tariff on all steel and aluminum imported into the United States. On March 12th local time, Trump's measure to impose a 25% tariff on all steel and aluminum imported into the United States officially took effect.