Market news
Crypto, stocks, forex and macro, aggregated for traders.
US CLARITY Act Vote Likely Before August Recess, Lummis and Bessent Say
Senator Cynthia Lummis indicated that a vote on the CLARITY Act is probable before the August congressional break, while Treasury Secretary Scott Bessent expects the bill to pass this summer.
Segezha Group Aims for Positive Free Cash Flow by End of 2026, AFK Sistema Says
AFK Sistema president Tagir Sitdekov expects Segezha Group to reach zero or positive free cash flow by the end of 2026, according to a business plan update.
Reshetnikov: Higher rates and strong ruble may define next economic model
Russian official Maxim Reshetnikov says structural economic changes are ongoing and that higher interest rates and a strong ruble could become the contours of the next economic model.
BitMine Immersion Technologies Files $300M Preferred Share Offering to Buy ETH
BitMine Immersion Technologies has filed with the SEC to publicly offer 3 million Series A perpetual preferred shares at $100 par, targeting $300 million in proceeds. The funds will be used to purchase additional ETH and expand staking infrastructure.
Novak: Global Oil Crisis Unprecedented, 12M Bpd Supply Gap Could Lead to Deficit
Russian Deputy Prime Minister Alexander Novak said the current global oil crisis is unprecedented, with roughly 12 million barrels per day not reaching the market. He warned that a deficit could occur within months if the conflict persists, as Gulf producers cannot increase output if key straits remain blocked.
Russia Oil Output Lower on Refinery Repairs; Diesel Export Ban Possible
Russian Deputy Prime Minister Alexander Novak said oil production is below start-of-year levels due to refinery maintenance, but will recover once repairs are completed. He also flagged a potential ban on diesel exports for producers if needed, while noting gasoline price rises remain within inflation.
Russia Keeps Budget Rule Cutoff Unchanged in 2024, Eyes Reduction for 2026
The Russian Ministry of Finance will not change the budget rule's cutoff price this year, but Finance Minister Siluanov stated at the SPIEF that a downward adjustment in 2026 would help reduce the ruble's dependence on energy prices and improve exchange rate predictability.
Russian Lawmaker Says Nabiullina Missed SPIEF Session Due to Objective Reasons
Andrey Makarov, head of the Russian State Duma committee on budget and taxes, stated that Central Bank Governor Elvira Nabiullina had objective reasons for not attending a session at the St. Petersburg International Economic Forum.
Bitcoin plunges below $65K, hits $61K; $1.61B liquidated
Bitcoin dropped nearly 5% in 24 hours, briefly touching $61,000, with $1.61 billion in crypto liquidations. Ethereum traded around $1,800. The sell-off coincides with renewed US-Iran tensions.
Analysts: BTC Must Drop Below $53,800 Breakeven Level for Next Rally
According to Bogdanoff Market Research, the aggregate breakeven price for Bitcoin across all player cohorts is currently $53,800. They argue that a true market bottom typically forms only after price falls below this level, triggering mass liquidations and clearing the way for a sustained uptrend.
Russian Retail Lending Growth to Resume Only After Key Rate Below 10%
Mikhail Alekseev, CEO of the OKB credit bureau, said that active growth in Russian retail lending will not resume until the central bank's key rate drops to single digits, below 10%.
Russian LPG Exports to Asia Surge 1.5x in Jan–Apr 2026
Russia's exports of liquefied petroleum gases (LPG) to Asian countries, including Turkey, rose 1.5 times year-on-year during January–April 2026, according to data.
SpaceX Sets IPO for June 12 at $135/Share, Seeks $75B Raise
SpaceX has announced its IPO roadshow starting today, with the listing planned for June 12 on Nasdaq at a fixed price of $135 per share, aiming for a $1.75 trillion valuation and a record $75 billion raise.
KAMAZ Cuts 2026 Investment Budget by Two-Thirds on Debt Concerns
KAMAZ has reduced its 2026 investment budget by two-thirds due to rising debt, according to CEO Sergey Kogogin. The company is focusing on operational efficiency and continuing to develop its product lineup.
Moscow Exchange Chair: Russia's Market Moving 'In the Wrong Direction'
Sergey Shvetsov, chairman of the Moscow Exchange supervisory board, said at the St. Petersburg International Economic Forum that the Russian stock market is moving quickly but in the opposite direction from the presidential goal of increasing market capitalization.
Adam Back Reaffirms $1M Bitcoin Target Amid Price Drop
Blockstream CEO Adam Back, referred to by the New York Times as the real Satoshi Nakamoto, urged investors not to panic over Bitcoin's decline during a Bloomberg TV interview, reiterating his confidence in a $1 million price target.
US House Passes Resolution to Curb Trump's Military Action Against Iran
The US House of Representatives has approved a resolution requiring President Trump to stop military operations against Iran without congressional consent. The bill now moves to the Senate, where a parallel resolution was introduced last month.
US Congress Votes on Tougher Russia Sanctions, 500% Tariffs
A new US bill proposes stricter sanctions on Russia's oil sector, a 500% tariff on Russian imports, and increased military aid to Ukraine.
Russian Energy Sector Fails to Agree on Rosseti Investment Deficit
After a year of discussions, Russian energy market participants have not reached a consensus on closing the deficit in Rosseti's investment program, which exceeds 1 trillion rubles through 2032. Most favor raising the transmission tariff, but the Ministry of Economy opposes.
June 4 Calendar: RBA, ECB, BOE Speeches, US Claims, EIA Gas
Key events on June 4 include RBA governor speech, Swiss CPI, ECB's Lagarde, US jobless claims, EIA natural gas storage, and BOE governor speech. Also PMEF day 2 with Putin meeting heads of global news agencies.
Bitcoin Selloff Accelerates, Drops Below $63,000 as $1.1B in Leveraged Positions Liquidated
Bitcoin has fallen below $63,000 for the first time since February 24, with over $1.1 billion in leveraged crypto positions liquidated in the past 24 hours.
Space ETF assets surpass $5B, NASA fund surges 50% since launch
Total assets in space-themed ETFs have exceeded $5 billion for the first time, more than doubling since the start of 2026. The Space Innovators ETF ($NASA) hit a record $2.6B in AUM, with its price up 50% since its March 30 launch.
Anthropic Taps Morgan Stanley, Goldman Sachs for IPO, Valuation Hits $965B
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its upcoming IPO, with a valuation of $965 billion, surpassing OpenAI, per Bloomberg.
BitMine Files for Preferred Shares, Holds $9B Unrealized Loss on ETH
BitMine has filed an application to issue preferred shares, disclosing an unrealized loss exceeding $9 billion. The company is the largest corporate holder of ETH, and its CEO expects a 10-15 year super-bull cycle.