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Bitcoin Crashes Below $61K as Strategy Sells, Hedge Funds Flee
Bitcoin drops to $60,912, down 4.2% daily. MicroStrategy sale and AI rotation drive $62 billion loss in crypto treasury holdings.
Meghan Markle Shares Lilibet Birthday Photos, Shifts Social Media Strategy, June 05
Meghan Markle shares Princess Lilibet’s fifth birthday photos on Instagram, calling her daughter their “dream girl.”
Spain Social Security Reforms: Two Pensions Now Possible for Self-Employed, June 05
Self-employed workers can collect two retirement pensions if they meet contribution requirements in multiple Spanish Social Security regimes.
Meta Stock Falls 6.6% on Potential Equity Raise for AI, June 05
Meta stock falls 6.6% after FT reports company considering tens of billions in equity raise to fund AI infrastructure and data centers.
Dow Hits Record 51,562 as Investors Flee AI Chips, June 06
Dow Jones hits record 51,562 as Broadcom’s AI guidance miss sparks rotation from tech into financials and healthcare.
Micron Stock Crashes 9.4% as Fed Rate Hike Fears Grip Tech, June 06
Micron stock fell 9.4% on June 05 as strong jobs data raised Fed rate hike odds, despite Nvidia HBM chip certification.
PayPay Stock Falls 10.6% on T&D Insurance Acquisition Deal, June 06
PayPay acquires 70.2% stake in T&D Financial Life Insurance, expanding into life insurance with SoftBank’s AI technology backing.
RBI Holds Rates at 5.25% as Growth Slows, Inflation Rises, June 05
RBI holds repo rate at 5.25%. GDP growth forecast cut to 6.6%, inflation raised to 5.1%. Central bank announces measures to boost foreign inflows.
Hong Kong Creates Tokenised Bond Expert Group, June 06
HKMA launches Tokenised Bond Expert Group to advance digital bond adoption in Hong Kong with industry partners and green tokenised bonds.