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$8.6 billion in BTC on the move in likely Bitcoin whale address upgrade
$8.6 billion in BTC on the move in likely Bitcoin whale address upgrade

Share link:In this post: According to an Arkham report, a whale moved the Bitcoin to upgrade to a safer wallet, not to sell. The large transfer caused fear and rumors about a possible sell-off or hack in the crypto community. No one knows who the whale is, but some people think it could be Roger Ver.

Cryptopolitan·2025/07/06 17:35
Wall Street is favoring the Unprofitable 858 over the Magnificent 7
Wall Street is favoring the Unprofitable 858 over the Magnificent 7

Share link:In this post: Wall Street is now backing a group of 858 unprofitable stocks over the Magnificent 7, chasing risky gains. Stocks like Avis, Carvana, and Aeva have surged since April despite no earnings. Retail traders are driving the rally, betting on meme-era plays and leveraged ETFs.

Cryptopolitan·2025/07/06 17:35
Economist Roubini Nouriel sees core inflation hitting 3.5% in H2, warns of possible recession
Economist Roubini Nouriel sees core inflation hitting 3.5% in H2, warns of possible recession

Share link:In this post: Nouriel Roubini expects core inflation to hit 3.5% by year-end and warns of a possible recession. He says the Fed won’t cut rates until at least December due to persistent inflation. His ETF, Atlas America Fund, gained over 5% since launch but trails the S&P 500.

Cryptopolitan·2025/07/06 17:35
Bitcoin bulls eye a definite breakout to several new all-time highs in H2 2025
Bitcoin bulls eye a definite breakout to several new all-time highs in H2 2025

Share link:In this post: Bitcoin gained 30% in Q2 and has held above $100,000 since May 9. Corporate treasury firms and ETFs are preparing to inject large amounts of capital. Congress may pass the GENIUS Act in Q3, boosting retail demand.

Cryptopolitan·2025/07/06 17:35
Trump’s ‘Big Beautiful’ bill may gut U.S. job growth
Trump’s ‘Big Beautiful’ bill may gut U.S. job growth

Share link:In this post: Trump’s $150 billion immigration crackdown is shrinking the foreign-born workforce. June marked the third straight month of decline in immigrant labor despite 147,000 new jobs. Economists warn slower immigration will hurt job growth and lower GDP.

Cryptopolitan·2025/07/06 17:35
Flash
22:52
Trump: The Fed Will Make Its Own Decisions
Jinse Finance reported that on May 23, U.S. President Trump stated: The Federal Reserve will make decisions independently.
22:33
Senegal’s finance minister warns that fuel subsidy deficit may exceed the $2 billion budget.
Diba revealed that Senegal is expected to resume negotiations with the International Monetary Fund on a brand-new financing plan during the week of June 8, with hopes of reaching an agreement on the core issues before June 30. He admitted that the primary point of contention between both parties currently lies in the debt resolution approach. President Bassirou Diomaye Faye has previously proposed an innovative plan to IMF Managing Director Kristalina Georgieva as an alternative to traditional debt restructuring. Diba did not disclose the specific details of this plan, only emphasizing that “given the complexity of our country’s debt structure,” the plan would not only be more efficient but would also come at a much lower financial cost.
22:33
IMF spokesperson: Confirmed that IMF will send an expert team to Dakar, the capital of Senegal, in June for technical negotiations.
Currently, the IMF is working closely with officials in Senegal in hopes of "reaching a consensus on the macroeconomic outlook, financing needs, and reform priorities."
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