π¨π³ NVIDIA forecasts that by 2026, the Chinese artificial intelligence market will reach $50 billion.
ππΊπΈ The vote on the GENIUS Act concerning stablecoins is ongoing, as the U.S. Senate is set to vote today on a proposal to continue debates on the legislation. Many investment firms and leaders within the crypto industry believe that the adoption of stablecoin regulations could serve as a significant catalyst for the crypto sector and markets.
π¨ Former President Donald Trump, in discussions with Ukrainian President Volodymyr Zelensky and European leaders, stated that Russia and Ukraine must find a solution to their ongoing conflict. Trump is exploring avenues to disengage from the Russia-Ukraine negotiations, highlighting a shift in U.S. diplomatic strategy. For more details, visit NYT and FT.
Alpha
β οΈπ―π΅ Japan's 20-year bond auction has recorded the weakest demand since 2012, according to reports. Analysts are anticipating further tightening of monetary policy in the country. For more details, visit this link.
β οΈπ―π΅ The yield on Japan's 30-year bonds has surged to 4.96%, marking one of the highest levels since the global financial crisis.
π "DeliMobil" has launched a new service for car maintenance and repairs called "DeliService."
π According to data from the Central Bank, inflation expectations among Russians have been rising for the second consecutive month, even as observed inflation decreases. The Central Bank has repeatedly noted that the speed and stability of the decline in inflation and inflation expectations will influence future decisions regarding the key interest rate.
π Strive Asset Management, led by Vivek Ramaswamy, a partner of Elon Musk at the Department of Government Efficiency (DOGE), is set to significantly boost its holdings in BTC. The firm plans to acquire claims for 75,000 BTC from Mt. Gox at a discount, potentially enhancing its position in the cryptocurrency market. For more details, visit here.
β οΈ The United States opposes the inclusion of a clause regarding continued support for Ukraine in the final statement of the G7 Finance Ministers' meeting in Canada, according to Politico. Additionally, the U.S. is against characterizing the military operation in Ukraine as "illegal" in the document. For more details, visit Politico.
π·πΊ On May 28, Ozon Pharmaceuticals will hold a meeting regarding dividends for the first quarter of 2025.
π¨ Texas has approved a bill for a strategic BTC reserve. The legislation is now awaiting the governor's signature, after which it will become law.
β οΈ IMPORTANT UPDATE
The UK is set to release its Consumer Price Index (CPI) data for April at 09:00 Moscow time. This key indicator will provide insights into inflation trends in the country. Stay tuned for the latest figures that could impact economic discussions.
The UK is set to release its Consumer Price Index (CPI) data for April at 09:00 Moscow time. This key indicator will provide insights into inflation trends in the country. Stay tuned for the latest figures that could impact economic discussions.
π The latest report on inflation in the UK reveals a monthly Consumer Price Index (CPI) increase of 1.2% for April, surpassing expectations of 1.1% and a prior increase of 0.3%. Year-on-year, the CPI rose by 3.5%, exceeding the anticipated 3.3% and up from 2.6% previously. Additionally, the core CPI saw a year-on-year rise of 3.8%, higher than the expected 3.6% and up from 3.4%.
β οΈβ΄οΈ Michael Arrington, founder of TechCrunch, has issued a warning regarding a recent data breach at Coinbase, stating that the incident could lead to fatalities as it exposed sensitive information like users' home addresses and account balances. Criminals may exploit this data. Worldwide, there have been numerous kidnappings involving cryptocurrency company owners and their relatives. While some attempts have failed, others resulted in ransom payments, with some victims suffering serious harm.
π° Bank "Saint Petersburg" has reported its financial results for April 2025 under RAS. The net profit for the first four months of 2025 amounted to 20.1 billion rubles, reflecting a 9.7% increase compared to the same period in 2024. Of this, 4.5 billion rubles were earned in April 2025, marking a 14.4% rise from April 2024.