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U.S. Central Command forces began launching additional self-defense strikes today at 5:15 p.m. ET against multiple targets in Iran at the Commander in Chief’s direction. The strikes are in response to Iran’s unwarranted and continued aggression. Explosions reported in Iranian towns of Sirik, Manab, Bandar Abbas and Bushehr

Fold Holdings sold about $45 million worth of bitcoin to fully repay its collateralized loan and free capital for corporate development, marking a notable balance sheet move by a public company with a bitcoin treasury strategy. The company said it monetized bitcoin at an average price of $71,000 per coin. At that level, the transaction implies Fold sold ...

HEGSETH: WE INTEND TO BOMB MAJOR FACILITIES IN IRAN Hegseth: "Those strikes that will happen tonight will be strong and clear and if they have to happen tomorrow night they will be strong and clear. President Tump is prepared to make that deal, Iran would be wise to take it otherwise they will have to deal with the types of plans…

The European Union proposed a 21st sanctions package against Russia on June 9 that would ban transactions on 11 crypto platforms and extend the bloc’s crypto restrictions deeper into third countries suspected of helping Moscow dodge existing measures. EU foreign policy chief Kaja Kallas announced the proposals in a thread on X, describing a package of more ...

Trump considering launching large and short Iran operation - Axios

The World Series of Poker is accepting cryptocurrency for the first time in its history, partnering with the Solana Foundation to let players pay tournament entry fees using Solana and, later this year, receive their winnings in stablecoins. The new payment option is live now at the 57th annual WSOP summer event at Paris Las Vegas and Horseshoe Las Vegas. ...

Anthony Pompliano, ProCap Financial chairman and CEO, joins 'Squawk box' to discuss the state of crypto, what's driving the latest bitcoin price slump, whether more downside is coming, and more.

If Bitcoin is an imperfect benchmark, it remains an unavoidable one for a different reason: it may now be considered the clearest expression of cheap, accessible crypto beta. Chris Solarz framed the issue from the allocator’s perspective. For him, benchmarking is the prerequisite for identifying alpha, because outperformance only has meaning relative to a ...

Last month, I directed our Great U.S. Military to execute a secret mission to support Oil Tankers and other Commercial Ships through the Straight of Hormuz. Today, I am pleased to announce that this effort has resulted in more than 100 MILLION Barrels of Oil making its way through the Straight, and into the Open Market. More than 200 Commercial Ships have safely traveled through the Strait. This wildly successful effort is because the UNITED STATES of AMERICA CONTROLS the Strait of Hormuz — NOT Iran. Their military is defeated, and their economy is lost. It’s over for Iran! Thank you for your attention to this matter. President DONALD J. TRUMP Trump: More than 200 commercial ships have safely traveled through the Strait - Truth Social Trump: Effort has resulted in more than 100 mln barrels of oil making its way through the strait - Truth Social

US President Donald Trump vowed to strike Iran again and scolded the country for delaying talks on an interim peace deal, after renewed attacks overnight put further strain on a fragile two-month truce. “We’re going to be attacking them, attacking them very hard,” Trump told reporters at the White House Wednesday. “We hit them hard yesterday, and we’re ...

iran's president on x: Threats to target infrastructure are not a show of strength but a sign of desperation

This was the inflation report that Chair Warsh was dreaming about. Soft underlying inflation and details motivated a slightly lower US 2-year Treasury yield. Markets may be holding back in their reaction perhaps because escalating tensions in the Middle East are overshadowing data with conflict and supply chain challenges likely to persist. Core CPI ...

*TRUMP: WILL BE ATTACKING IRAN HARD TRUMP ON IRAN: THEY SHOULD SIGN THE DEAL Trump cites the downed helicopter as a right to attack Iran. TRUMP: STILL WORKING ON A DEAL WITH IRAN TRUMP: WE WERE CLOSE TO A DEAL BUT THEY KEEP TAPPING US ALONG

Watch live as President Donald Trump signs the Secure America Act in the Oval Office. The White House says the bill provides $70 billion for immigration enforcement, including $38 billion for Immigration and Customs Enforcement, $26 billion for the Border Patrol, and $5 billion to cover unforeseen costs.

El Salvador marked the fifth anniversary of its Bitcoin Law on June 8, holding 7,677 BTC worth approximately $480 million in state reserves after a half-decade experiment that drew both international investment and sustained IMF scrutiny, Traders Union reported. President Nayib Bukele’s Legislative Assembly passed the Bitcoin Law on June 8, 2021, making El ...

BoC's Gov. Macklem notes that core inflation has ticked down BoC's Gov. Macklem: The bank would also look at inflation expectations when mulling a possible rate hike. BoC's Gov. Macklem: Any Bank of Canada decision on a possible rate hike is less about a timeline and more about conditions. BoC's Gov. Macklem: Not a lot has changed since our last decision; there have not been big data surprises. BoC's Gov. Macklem: The Canadian economy is not clearly in a recession; the economy is weak but not in a recession.

Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the monetary policy decision. The Governor and Senior Deputy Governor then answer questions from reporters.

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s monetary policy decision. Governing Council maintained the policy interest rate at 2.25%. Since our April decision, the economic impact of the ongoing conflict in the Middle East has increased. Higher energy prices and disruptions in global supply chains are weighing on global growth and pushing up inflation. At the same time, the US administration continues to propose new tariffs and trade policy uncertainty remains elevated. Against this backdrop, the Canadian economy has remained soft and inflation has increased. Monetary policy continues to be focused on ensuring higher energy prices do not turn into persistent inflation, while helping the economy adjust to headwinds. We are committed to keeping inflation low and stable over time. Let me expand on what we’re seeing since the April Monetary Policy Report and the monetary policy implications. The conflict in the Middle East is slowing economic activity in the Gulf region and in many oil-importing countries, and sending inflation higher worldwide. At the same time, AI-related investment is boosting growth in the United States and some Asian economies, and equity markets have been buoyant. In Canada, GDP edged down 0.1% in the first quarter, weaker than expected at the time of the April Report. Consumer spending grew by 1.4% but there was an unexpected pullback in government spending. Housing activity also declined and business investment remained weak. While the labour market strengthened in May and the unemployment rate fell to 6.6%, there has been a lot of volatility in the monthly job numbers. When you look through the bumpiness, employment in Canada is little cha BOC: There has been limited evidence so far of a broad-based pass-through of higher energy prices to other consumer prices. Bank of Canada monetary policy remains aimed at preventing higher energy costs from becoming lasting inflation: Governor Tiff Macklem For now, holding rates steady balances risks: Macklem Economic weakness and rising inflation create challenge for monetary policy: Macklem

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. The conflict in the Middle East is now in its fourth month. The resulting increases in energy prices and disruptions in global supply chains are weighing on global economic growth and pushing up inflation. At the same time, the US administration continues to propose new tariffs and trade policy uncertainty remains elevated. In the United States, economic growth remains solid, supported by consumption and AI‑related investment. In the euro area, growth is subdued, with higher energy prices weighing on activity. China’s economic growth continues to be supported by strong exports. Canadian financial conditions have loosened since the April Monetary Policy Report. Global equity markets have been buoyant and bond yields remain volatile. The Canadian dollar has weakened against the US dollar and other currencies. In Canada, GDP edged down by 0.1% in the first quarter, weaker than expected at the time of the April MPR. Consumer spending grew 1.4% but government spending unexpectedly declined. Housing activity also declined and business investment remained weak. Exports fell while imports rose strongly as inventories were rebuilt. Employment was up in May, but looking through monthly volatility, employment in Canada is little changed since the start of the year. The unemployment rate continues to fluctuate in the 6 ½%-7% range with the most recent reading at 6.6% in May. Recent data suggests that growth will resume in the second quarter but, even with some rebound, the economy is expected to remain in excess supply. As expected, CPI inflation rose in GOVERNING COUNCIL IS CONTINUING TO LOOK THROUGH MIDDLE EAST WAR'S NEAR-TERM IMPACT ON HEADLINE INFLATION - BOC || THERE HAS BEEN LIMITED EVIDENCE SO FAR OF A BROAD-BASED PASS-THROUGH OF HIGHER ENERGY PRICES TO OTHER CONSUMER PRICES - BOC ECONOMIC ACTIVITY IN CANADA HAS BEEN WEAK AND UNCERTAINTY ABOUT U.S. TRADE POLICY PERSISTS - BOC || GOVERNING COUNCIL WILL NOT LET HIGHER ENERGY PRICES BECOME PERSISTENT INFLATION - BOC || EVEN WITH SOME REBOUND, ECONOMY IS EXPECTED TO REMAIN IN EXCESS SUPPLY - BOC

US consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline and other energy products, giving more ammunition for the Federal Reserve to keep interest rates unchanged into 2027. The Consumer Price Index increased 4.2 per cent in the 12 months through May, the largest gain since April ...

U.S. President Donald Trump said Wednesday that Iran has taken too long to negotiate a peace deal and will now have to “pay the price.” “Iran’s Military is a complete and total mess,” the president said in a post on Truth Social. “Much of it, like their Navy and Air Force, doesn’t even exist anymore - They have been completely defeated. Iran is all talk and ...

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent on a seasonally adjusted basis in May, after rising 0.6 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 4.2 percent before seasonal adjustment. The index for energy rose 3.9 percent in May, after rising 3.8 percent in April and 10.9 percent in March. The energy index accounted for over sixty percent of the monthly all items increase. The index for shelter also increased in May, rising 0.3 percent. The food index increased 0.2 percent over the month as the food at home index rose 0.1 percent and the food away from home index increased 0.3 percent. The index for all items less food and energy rose 0.2 percent in May. Indexes that increased over the month include communication, airline fares, medical care, personal care, and recreation. Conversely, the indexes for motor vehicle insurance, household furnishings and operations, and new vehicles were among the major indexes that decreased in May. The all items index rose 4.2 percent for the 12 months ending May, after rising 3.8 percent for the 12 months ending April. The all items less food and energy index rose 2.9 percent over the year, following a 2.8-percent increase over Consumer prices rose 4.2% annually in May, highest in three years Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense. The consumer price index, a broad gauge of goods and services costs across the U.S. economy, rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, the Bureau of Labor Statistics reported Wednesday. Both numbers were in line with the Dow Jones consensus. Inflation climbed above 4% for the first time in three years, though the increase met expectations amid concerns over how much the surge in energy prices would impact the economy. The level was the highest since April 2023 and above the 3.8% level from April. However, stripping out volatile food and energy prices, the so-called core CPI accelerated 0.2% for the month and 2.9% from a year ago. While the annual rate was in line with the forecast, the monthly gain was below the 0.3% estimate. The core CPI rose 0.21% in May, very close to where forecasts had it, and this pushed the 12-month measure up to 2.9%. This is the first time since Dec. 2022 where the 12-month core CPI reading was higher than the year-earlier reading. pic.twitter.com/EGPwk1NfKZ Americans' Real Wages Are Shrinking As CPI Tops 4% For First Time In 3 Years With expectations of a 4%-plus print, all eyes are on this morning's CPI report as we move past April's shutdown-related distortions. Headline CPI rose 0.5% MoM (as expected) in May, lifting prices 4.2% YoY (also as expected). The first 4%-plus print since April 2023... chart |Core Goods prices deflated in May while Energy remains a notable contributor... chart This is the first deflationary print for goods prices in a year... • Household furnishings and Supplies -0.042% • Transportation Commodities less motor oil: -0.49% • Medical Care Commodities -0.54% chart Core CPI rose less than expected (+0.2% MoM vs +0.3% MoM exp), lifting prices by 2.9% YoY (as expected), up from April's 2.8% YoY and the highest since Sept 2025...

US-IRAN TALKS STILL CONTINUE: FOX NEWS TRUMP TO KEEP EXERTING MAXIMUM PRESSURE TO GET A DEAL DONE: FOX

New York State Department of Financial Services (DFS) Acting Superintendent Kaitlin Asrow today announced a proposed regulation to build on New York’s first-in-the-nation stablecoin framework in accordance with federal regulations under the GENIUS Act. Following the Department’s groundbreaking June 2022 guidance, this regulation contains additional ...

Payments giant Visa is growing at its fastest rate in years, but it’s not because of some of its latest innovations in digital currencies and agentic AI. Visa first started offering stablecoin settlements in 2023 and now has 130 stablecoin-linked card issuing programs across 40 countries. It’s also experimenting with agentic commerce, or allowing AI agents ...

The Fake News Media refuses to report how EFFECTIVE the U.S. Naval BLOCKADE is, the most successful Blockade in the history of Naval Warfare. NOTHING GETS THROUGH unless we want it to. IT IS A STEEL WALL! Iran is doing ZERO business, not paying their military, or any of their bills, and quickly becoming a FAILED NATION! Lots of oil is getting out. Praise be to Allah! President DONALD J. TRUMP

TRUMP SAYS HE IS CLOSE TO ORDERING NEW STRIKES AGAINST IRANIAN POWER PLANTS AND BRIDGES -FOX NEWS

Iran’s Military is a complete and total mess. Much of it, like their Navy and Air Force, doesn’t even exist anymore - They have been completely defeated. Iran is all talk and no action. The Bully of the Middle East is DEAD!!! They’ve taken too long to negotiate a deal that would have been great for them, now they will have to pay the price!!! President DONALD J. TRUMP

Inflation numbers out Wednesday are expected to cross another unpleasant threshold as the cost of living continues to climb for U.S. consumers. If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate off an expected 0.5% monthly gain in May. That would mark the first time the CPI has ...

The BTC/USD pair retreated overnight as the stock and crypto markets dropped amid the rising risks. Bitcoin dropped to $61,000, continuing a downtrend that started in May when it peaked at $82,607. Bitcoin Slumps as Key Market Risks Rise The BTC/USD pair dropped as risks rose, which affected the state of the broader financial market. For example, US stock ...