Ethereum Rises 20%; ETF Inflows Fuel Biden Vs. Bitcoin Rally; Trump Fixer Michael Cohen Has Decided To Shift Loyalties - Top Headlines Today While US Slept

Crypto

• $241M Spot Bitcoin ETF Inflows On Monday Fuel Rally Above $70K
• Ethereum Rises 20%, Futures Open Interest Hits Record $15B As ETF Approval Odds Jump To 75%
• Michael Saylor Says ‘The Price Of BTC Is Still Less Than $0.08M’ As King Crypto Within Touching Distance Of A New ATH
• SEC Chair Gary Gensler Mocked By Popular Crypto Analyst After Spot Ethereum ETF Progress: ‘His Meltdown Would Be Historic’
• Bitcoin Could Reach $420K With 1% Global Asset Allocation, Predicts Financial Guru Ric Edelman
• Big Ethereum Whale Adds On To Bullish Long Position As Spot ETF Approval Probability Jumps — Swaps Wrapped Bitcoin Worth Over $25M For ETH
• Bonk, Pepe Outstrip Gains Of Bitcoin, Ethereum Amid Searing Hot Rally — Beat Biggies Dogecoin And Shiba Inu In Trading Volumes
• Bitcoin, Ethereum, Dogecoin Shoot Up On One Of The Best Days For Crypto In 2024 Amid Ether ETF Approval Buzz: Analyst Flags ‘Robust’ US Investor Demand for King Crypto

US Markets

• Wall Street To Open Mostly Flat As Nvidia Earnings, Fed Speeches Keep Traders On Edge; Bitcoin Rockets Above $71K On Ethereum ETF Approval Buzz
• Palo Alto Networks, Hesai Group And Other Big Stocks Moving Lower In Tuesday’s Pre-Market Session
• Investor Sentiment Decreases Slightly, But Nasdaq Settles At Record High
• Scaramucci Labels Meme Stock Mania Led By GME, AMC As ‘French Revolution Of Finance’ But Warns ‘Sober, Rational’ Investors To Be ‘Super Careful’

US Politics

• Biden Vs. Trump: One Candidate Holds Lead, But Legal Twist Could Change Everything, New Poll Reveals
• Trump Fixer Michael Cohen Has Decided To Shift Loyalties From Ex-President To His Country, Says His Counsel: ‘Has Made Peace With His Checkered Past’
• Trump’s Potential Pick For Treasury Secretary Says ‘Markets Like His Policies Better’
• Trump Campaign Threatens Legal Action Over Controversial New Biopic About Ex-President That Received 8-Minute Ovation At Cannes: ‘Pure Malicious Defamation’

World Politics

• Iran To Hold Presidential Elections On June 28 Following Raisi’s Death

US Economy

• Rising Prices Prompt Americans To Resort To Installment Plans, Pay-Day Loans To Keep Kitchens Stocked

World Economy

• EU Enacts World’s First AI Regulation, First Compliance Trigger Will Aim To Tackle AI Systems That Pose ‘Unacceptable’ Risk

Tech

• Samsung Appoints New Semiconductor Chief Amid ‘Chip Crisis’ And AI Boom
• ‘Renaissance Of Growth’ Coming Back To Apple, Says Tech Bull Ahead Of WWDC Next Week: ‘Key Moment For Cupertino’
• Will Nvidia Q1 Print Disappoint? Munster Sees Near-Term Hit From ‘Osborne Effect’ But Says AI Stalwart Will ‘Grow Faster For Longer’
• Microsoft Touts AI-Capable Surface Notebooks 58% Faster Than M3 MacBook Air: ‘We Have Essentially The Best Specs,’ Says Satya Nadella
• Nvidia CEO Jensen Huang Sees Dell Partnership As Key To Wider AI Adoption: ‘It’s Not About Just Delivering A Box…’
• PwC Report Shows AI-Driven Sectors Surging In Productivity, Signaling Economic Upswing

Electric Vehicle

• Tesla Semi Fleet Grows As PepsiCo Takes Delivery Of Another 50 EV Trucks
• China’s EV Maker XPeng Speeds Ahead with Strong Revenue Growth, Expects Selling More Than 29K Units In Q2
• Tesla Shareholder Coalition Urges Other Investors To Reject Elon Musk’s $56B Pay Package, Calls For ‘Adequately-Focused’ Full-Time CEO
• Tesla’s Top Chinese Rival Rocked By Strike As Workers Protest Income-Cutting Work Schedule: Report
• Blaze At Tesla’s Fremont Factory Quickly Contained: No Injuries Reported

Consumer

• Lowe’s Q1 Earnings: Profit Beat, Revenue Drop – What’s Behind The Numbers?
• Beyond Meat Faces Setback As Carl’s Jr. And Del Taco Drop Products: Report

Communication

• Trump Media & Technology Group Reports Over $300M Loss In First Earnings Since Going Public: Truth Social Parent ‘Remains Focused On Long-Term Product Development’
• Netflix’s ‘Baby Reindeer’ Could Face Legal Action, Piers Morgan Says It’s A ‘Big Problem’ For The Platform And Richard Gadd

Industrial

• Elbit Systems Gets $760M Contract From Israeli Ministry Of Defense, Confirms Higher Demand Since Beginning Of War

Healthcare

• AstraZeneca Targets Ambitious $80B In Total Revenue By 2030 Through Pipeline Expansion

General

• FDIC Chairman Martin Gruenberg To Step Down Amid Widespread Sexual Harassment Allegations At The Agency

Space

• Elon Musk’s Starlink Hits 3M Users Across Nearly 100 Countries
• Elon Musk Hopeful Of SpaceX Launching Over 90% Of Earth’s Payload To Orbit In 2024: ‘Nothing Stopping Competition From Copying Us’
• Countdown For Starship’s 4th Flight Begins As Elon Musk Stresses Effort In Reworking Shuttle: ‘Worth Noting No One Has Ever Succeeded In…

Energy

• Pipeline Power Play: Phillips 66 Makes $550M Gas Grab In The Permian Basin

Image: WorldSpectrum from Pixabay