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๐ Former President Donald Trump is set to launch his own cryptocurrency wallet and trading application. Details about the initiative remain limited, but it marks a significant move into the digital currency space by the former leader. The announcement hasโฆ
๐๐บ๐ธ Donald Trump Jr. and Eric Trump have stated that the Trump Organization is not connected to the cryptocurrency wallet mentioned in the news. They urged followers to stay tuned for updates from World Liberty Financial, which is set to launch its official crypto wallet. It appears that Bitcoin Magazine released the news ahead of the Trumps, and World Liberty Financial is expected to announce similar news soon.
๐บ๐ฆ๐บ๐ธ A Ukrainian delegation led by Andriy Yermak met today in the U.S. with Kellogg and Witkoff. Tomorrow, they are scheduled to meet with Secretary Rubio. โ Fox News
๐ Trumpโs Truth Social has submitted an application for a spot Bitcoin ETF to be listed on the NYSE. The move marks a significant step in the cryptocurrency landscape, as the company aims to enter the financial market with this innovative product. Investors and enthusiasts are closely monitoring this development for its potential impact on Bitcoin's future. For more details, visit here.
๐ On June 4, 2025, several key economic updates are set to unfold. The U.S. will implement increased tariffs on imported steel and aluminum. Australia and Japan will release their Services/Composite PMI for May at 02:00 and 03:30 Moscow time, respectively. Other highlights include GDP data from Australia at 04:30, followed by various PMI reports from Russia, Germany, the Eurozone, and the UK. The U.S. will announce ADP Nonfarm Employment at 15:15 and ISM Services PMI at 17:00. The Bank of Canada will hold a press conference at 17:30. Additionally, the Russian Finance Ministry will conduct auctions for OFZ bonds. For corporate updates, Dollar Tree reports at 13:30 Moscow time.
๐ Belarusian President Alexander Lukashenko and Chinese President Xi Jinping are holding a meeting in Beijing.
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๐บ๐ธ๐จ๐ณ Former President Donald Trump is eager to meet with Chinese President Xi Jinping. However, Beijing is hesitant, fearing that Trump may turn the meeting into another spectacle, similar to his recent gatherings with leaders from South Africa and Ukraine, according to Politico.
โ๏ธ Spanish coffee chain Vanadi Coffee is set to invest over $1 billion in BTC.
โจ CEO of Consensys and Ethereum co-founder Joe Lubin stated that institutional interest in developing blockchain programs on ETH is significant. Lubin reported that Ethereum is currently in talks with major sovereign investment funds and banks in a "very large" country about potential product development based on Ethereum.
๐จ๐ฆ๐บ Australia's economic growth remains weak, with GDP figures for the first quarter of 2025 showing a quarterly increase of just 0.2%, below the expected 0.4% and previous 0.6%. Year-on-year, growth stands at 1.3%, matching prior estimates but falling short of the expected 1.5%. Analysts warn that this may mark the weakest economic performance in decades, excluding the years affected by the COVID-19 pandemic.
โ ๏ธ๐ท๐บ Prices for Russian coal in Asia have fallen to a four-year low, according to Kommersant. The main reasons for this decline are oversupply and reduced demand from key importing countries. China has purchased 12% less coal than last year, favoring domestic fuel. India is also increasing its own production, while Turkey is cutting consumption due to rising hydroelectric output.
๐จ๐ฎ๐ณ The Reserve Bank of India is expected to lower its interest rate during the meeting on June 6, according to a survey conducted by RTRS.
๐บ๐ธ Former President Trump has raised tariffs on imported steel and aluminum from 25% to 50%. In the coming week, many countries are expected to express their discontent regarding this decision, according to experts.
โจ World Liberty Financial, associated with Trump, has conducted an airdrop of 47 of its stablecoin USD1 to each wallet that participated in the token sale of WLFI tokens.
โจ The California Assembly has approved a bill allowing the state to accept payments in crypto. The legislation is now headed to the Senate for a vote.