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🇺🇸🇮🇷 US - Iran move closer to 60-day ceasefire extension agreement
The US and Iran are reportedly moving closer to a temporary agreement to extend the ceasefire by an additional 60 days, reopen the Strait of Hormuz, and resume nuclear negotiations. The agreement has not yet been officially announced and may change at the last minute.
📌 During the 60 days, the Strait of Hormuz may be fully open to ships passing through, with no fees.
📌 Iran is expected to clear mines in the strait area, facilitating maritime traffic and oil flow to be restored.
📌 In return, the US may lift sancti
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The U.S. Marines are conducting a drill right over the skies of Caracas, Venezuela.
The Venezuelan government had announced this exercise in advance, citing preparation for "emergency medical situations or disasters."
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Trump: The US-Iran agreement has been approved and will be announced in detail within a few hours.
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Goldman Sachs estimates that CapEx in AI will reach 1 trillion USD next year.
By 2031, this figure is projected to be 7.6 trillion USD — ten times the current amount ($765 billion).
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🔴The US is injecting $2B into quantum computing - in exchange, the government takes equity stakes
📌According to WSJ, the Trump administration is preparing to inject about $2B into 9 companies in the quantum computing sector. In return, the US government will receive minority stakes in the supported companies.
📌Major investments include:
- IBM: $1B
- GlobalFoundries: $375M
- D-Wave Quantum: $100M
- Rigetti Computing: $100M
- Infleqtion: $100M
- Diraq: $38M
- Additionally, there are other companies on the list such as Atom Computing, PsiQuantum, and Quantinuum.
After semiconductors,
IBM0.56%
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🔴Mark Cuban has sold nearly all of his $BTC, calling altcoins trash
📌 Billionaire Mark Cuban said he has sold most of his Bitcoin holdings after BTC no longer demonstrated its role as a safe haven asset as expected.
📌 According to Cuban, in the context of escalating geopolitical tensions and a weakening US dollar, Bitcoin should have behaved like gold — attracting safe-haven capital. But in reality, gold surged while BTC weakened, continuing to trade more like a risk-on asset rather than “digital gold.”
📌 Cuban said he is more disappointed with Bitcoin than Ethereum because ETH at le
BTC0.3%
ETH-0.93%
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📍Vietnam - Russia extends friendship for 25 years
Putin and Xi have just extended the Treaty on Good-Neighborliness and Cooperation between Russia and China, a document signed 25 years ago, with the most recent extension in 2021.
📌 China is again prioritizing the Middle East over Ukraine.
Beijing calls for a comprehensive ceasefire, reopening the Strait of Hormuz, and ensuring that oil flows smoothly. This is a vital interest for Beijing, as up to 90% of Iran’s oil is imported into China.
📌 The Siberia 2 pipeline project—passing through Mongolia, with an expected capacity of 50 bill
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📍Trump says the US - Iran negotiations are in the final stages.
📌 JD Vance also says the negotiations are in a pretty good position, indicating Washington still keeps the door open for diplomacy.
📌 Tehran issued a different statement. Iran's Parliament Speaker Ghalibaf accused the US of trying to "initiate a new war."
📌 IRGC warns that if the US and Israel continue their attacks, the war could spread beyond the region.
📌 While negotiations are ongoing, the US Air Force continues to increase its presence in the Middle East.
Trump still maintains psychological warfare tactics, tho
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🇰🇷 Funeral company in Korea is losing $33M because of long $ETH
📌 Bumo Sarang is a prepaid funeral service company in Korea, belonging to the “mutual aid/prepaid funeral service” group. Customers pay in advance, and the company uses that money to provide funeral services later.
📌 According to Korean reports, this company has invested about 59.5 billion won in the T-REX 2X Long BMNR Daily Target ETF. BMNR is a stock with a very high beta to ETH because it is a company with an ETH treasury model.
📌 After ETH's drop, the company's book value is only about 10.2 billion won — a loss of 49.3 b
ETH-0.93%
BMNR-3.62%
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📌 KOSPI and Bitcoin started diverging when the memory chip stocks surged ahead.
BTC (and many other assets) are also being sold off to FOMO into stocks.
BTC0.3%
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🟡Truth Social unexpectedly withdraws Bitcoin ETF application
📌According to the filing sent to the SEC on May 19, Trump Media requests to withdraw the S-1 registration for two products: Truth Social Bitcoin ETF and Truth Social Bitcoin & Ethereum ETF. These filings were previously submitted in June 2025, and the company says they are not currently pursuing a public offering.
📌The reason given by Yorkville America is to switch to an ETF structure under the Investment Company Act of 1940, instead of the Securities Act of 1933 model like the old filings. Basically, they want to redesign the
BTC0.3%
ETH-0.93%
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Google also released Gemini Flash 3.5.
According to Google's benchmarks, 3.5 Flash outperforms Gemini 3.1 Pro on nearly all tests, while also running approximately 4 times faster than previous models.
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The trip to China is Putin's first foreign visit in 2026.
Beijing is seeking alternative energy routes, possibly a land transportation route through Russia and the Northern Sea Route, as disruptions in the Persian Gulf and the Strait of Hormuz directly threaten China's energy logistics.
Putin and Xi are likely to continue discussing the Power of Siberia 2 gas pipeline — a project that has been delayed for too long, starting in 2006 and postponed since 2015.
Ukraine will probably also be mentioned. Both China and the United States want the conflict to end in 2026 to focus on other issues.
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📍Google I/O 2026: AI demand explodes
📌Google kicked off the first day of I/O 2026 with a series of figures showing that AI has become the company’s core infrastructure. According to what CEO Sundar Pichai showed:
- Gemini has 900M MAU (monthly active users)
- AI Overviews has surpassed 2.5B MAU
- AI Mode has exceeded 1B MAU in just one year
📌 The amount of tokens processed monthly across Google platforms has risen dramatically:
- 5/2024: 9.7 trillion tokens
- 5/2025: 480 trillion tokens
- 5/2026: over 3.2 quadrillion tokens
-> Equivalent to about 7x YoY growth.
📌 To meet this demand, Goo
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📍US - Iran: Increased exchanges but still deadlocked
Trump said he canceled the plan to attack Iran, while warning Tehran has about 2-3 days to return to the negotiating table.
📌 Iran’s new proposal includes:
- Ending conflicts on all fronts, including Lebanon
- The US withdrawing troops from areas near Iran
- Compensation for damages caused by US-Israel attacks
- Lifting sanctions
- Releasing funds that have been frozen
- Ending the US maritime blockade
-> The content is almost unchanged compared with the previous proposal.
UAE said it has had 6 drone attacks from Iraq i
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🟠 Bitcoin ETF saw nearly $650M withdrawn — the biggest sell-off since the start of the year
📌 Spot Bitcoin ETF funds in Mỹ recorded a -$648.6M outflow on May 19, the largest net withdrawal since January 2026.
📌 The heaviest pressure is on BlackRock’s IBIT (-$448.3M), followed by ARKB (-$109.6M) and FBTC (-$63.4M). Funds from Bitwise, VanEck, Invesco, and Franklin Templeton also turned negative across the board.
📌 Last week, more than $1B also left Bitcoin ETFs, breaking a 6-week consecutive streak of positive weeks. BTC at one point dropped below $77,000, reflecting three pressures
BTC0.3%
IBIT-2.97%
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📍Elon Musk sues OpenAI
📌Musk has sued OpenAI, claiming the company betrayed its original non-profit mission by shifting to a profit-driven model.
📌But the jury found that Musk filed too late, beyond the legal deadline to pursue the main claims.
📌The judge accepted this outcome and dismissed Musk's claims.
📌In market terms, this is a major breakthrough for OpenAI, as the lawsuit could have hindered restructuring and an IPO.
📌Musk can still appeal, so the legal story may not be entirely over. But for now, OpenAI has won.
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U.S. tariff policies under Trump changed more than 50 times.
From early 2025 to 2026, the weighted average import tariff rate in the U.S. rose from around 3% to a peak above 20%, then decreased back to around 11-12%.
It's even more than a roller coaster.
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Berkshire Hathaway is sitting on a record cash pile of $397.4 billion
This amount is enough to buy out 478 out of 500 companies in the S&P 500 if considering each company individually.
By this point, it’s clear that Berkshire isn’t exactly ahead of the curve, and they also made a mistake by missing the AI-semiconductor wave.
Missed the wave, so they have to stay on the sidelines.
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