Meta shareholders knock back Bitcoin treasury idea

Meta shareholders have overwhelmingly rejected a proposal to assess whether the tech giant should add Bitcoin to its balance sheet. A “Bitcoin treasury assessment” proposal put before shareholders received 3.92 million votes in favor — a mere 0.08% of the total — while nearly 5 billion voters decided against the measure, a May 28 regulatory … Read more

Australia TD-MI Inflation Gauge (MoM) fell from previous 0.6% to -0.4% in May

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet … Read more

Crypto May Erode Public Trust in Credit, Warns Central Banker

A top central banker warns crypto’s accelerating fusion with traditional finance could unleash market turmoil, damage trust in banks, and jeopardize control over sovereign monetary systems. Central Banker Cautions: Misunderstood Crypto May Trigger Market Fallout Bank of Italy Governor Fabio Panetta, who served on the European Central Bank (ECB)’s Executive Board from 2020 to 2023, … Read more

Crypto May Erode Public Trust in Credit, Warns Central Banker

A top central banker warns crypto’s accelerating fusion with traditional finance could unleash market turmoil, damage trust in banks, and jeopardize control over sovereign monetary systems. Central Banker Cautions: Misunderstood Crypto May Trigger Market Fallout Bank of Italy Governor Fabio Panetta, who served on the European Central Bank (ECB)’s Executive Board from 2020 to 2023, … Read more

We have no intention to compromise on US tariffs

Japan’s Prime Minister Shigeru Ishiba said on Monday that Japan reaffirmed that it was not backing down in wanting tariffs to be reduced.  Japan’s Economy Minister Ryosei Akazawa will leave Japan on Thursday to hold discussions with his counterparts, including US Treasury Secretary Scott Bessent, citing an unnamed government official. Market reaction At the time … Read more

Elon Musk says X’s DM feature XChat to have ‘Bitcoin-style encryption’

Social media platform X is rolling out a new messaging feature, XChats, which owner Elon Musk says will have “Bitcoin-style encryption.” XChat is seemingly a more feature-rich version of the platform’s direct messaging function, which will feature audio and video calling, “encryption, vanishing messages, and the ability to send any kind of file,” Musk said … Read more