|
|
🔔 Before The Opening Bell |
🐂 It’s looking like a Bull Market as we head into Wednesday’s trading! |
The S&P 500 ( $SPX ( ▲ 1.11% ) ) closed yesterday at its highest level since February 21st as markets reacted to the ceasefire. Cryptocurrencies $ETH ( ▲ 5.23% ) $BTC ( ▲ 2.43% ) $XRP.X ( ▲ 0.24% ) & $SOL.X ( ▲ 0.77% ) continue to go up, with deregulation continuing. Banks are now “free to provide banking services to the crypto industry and are also free to conduct crypto activities." |
We will go deeper into these areas in today’s newsletter and make sure you are as informed as possible going into today’s trading. |
First, we have a quick message from Abundant Mines, which helps investors make passive income with Bitcoin mining. Then we’ll get into today’s key numbers and major market headlines… |
|
A simple way to get into Bitcoin mining — without doing it yourself. |
No currency has dethroned the dollar — but Bitcoin has proven that alternatives are here to stay. |
Abundant Mines makes it easy to earn passive Bitcoin income without getting your hands dirty. |
No coding, wiring, or technical knowledge required. Just clean, automated BTC income. |
⚡ How it works: |
You buy a machine (starting at ~$8k. See all machines) They host it in Oregon, run it, and maintain it You get paid out daily in Bitcoin, directly to your wallet |
|
You can start small — or build your own personal mine. Either way, you own the hardware. You keep the upside. |
🌱 Climate-conscious |
These aren’t energy hogs — they run on stranded and surplus energy, balancing the grid and uplifting local communities. |
💡 Want to participate? |
Whether you're already stacking sats (fractions of a bitcoin) or just want your first machine to get exposed to the industry, Abundant Mines is open to everyone — not just accredited investors. |
Check out Abundant Mines → |
|
📰 Market Headlines |
|
Wall Street clawed back gains Tuesday with the Nasdaq Composite and S&P 500 closing at their highest levels since February. |
The tech-heavy Nasdaq led gains and rose about 1.4%, while the S&P 500 added 1.1% as the Dow went up 1.2%. Consumer confidence dropped to 93 in June, missing expectations of 99.8. |
NATO allies agreed to a 5% defense spending goal by 2035. Only Poland and Estonia are currently on track, while Spain and Italy are already pushing back. |
Crypto stocks surged after reports that Republican senators plan to introduce a major framework for cryptocurrency regulation. |
😱 Fear and Greed Index |
|
🧠 Make yourself heard |
With All This Momentum, Will Bitcoin Hit $150k This Year?With deregulation progress, banks able to transact (& more) will crypto surge? |
|
|
🤖 AI/Future/Tech News |
Harvey secured a $5 billion valuation after raising $300 million from OpenAI’s Startup Fund, Kleiner Perkins, and Coatue. Judge William Alsup ruled that Anthropic’s use of copyrighted books to train its AI models qualified as fair use, setting a precedent. |
|
🪙 Crypto | Japan's Financial Services Agency proposed reclassifying crypto assets under the Financial Instruments and Exchange Act. Hackers infiltrated misconfigured Docker instances using the Tor network to hide their activities. Fed Chair Jerome Powell: “banks are free to provide banking services to the crypto industry and are also free to conduct crypto activities." |
|
|
|
⚔️ Trade wars |
The US Trade Representative reprieved select Chinese seafood imports for another three months, delaying the return of a 25% duty under Section 301. Chief Trade Negotiator Yeo Han-koo pressed for exemptions from US tariffs on steel and autos during high-level talks in Washington. |
|
📈 AltIndex’s AI Algorithm’s Top Picks |
|
AltIndex sees $ALAB ( ▲ 1.52% ) , $LLY ( ▲ 0.97% ) , $AGI ( ▼ 3.33% ) , $ALAB ( ▲ 1.52% ) , and $CTLP ( ▲ 0.14% ) showing signals that indicate high likelihood of growth in the short to mid term. AltIndex’s AI algorithm sees a lot of strong signs in the 100+ alternative data points it tracks including financials, insider buying activity, employee satisfaction, audience growth, job postings and sentiment on social media. Do your own research and consider whether you think the alternative data signals are compelling, and if these stocks may be a value opportunity. Sign up with AltIndex to help find opportunities and entry points for your own research, this is not investment advice. |
|
|
🌍 International Markets | | 🇨🇳 The Chinese yuan gained favor among global central banks, with a net 14% of reserve managers planning to increase exposure to the currency. 🇯🇵 Japan plugged into NATO's Malware Information Sharing Platform to exchange intelligence on cyber threats from China, North Korea, and Russia. 🇲🇽 Cabrera Capital Markets planted its flag across Latin America, focusing on Mexico, Brazil, Chile, Colombia, and Peru. |
|
|
|
🎤 What you said last time |
|
“Not until the insane, cool haired guy leaves the White House.” |
|
🚚 Market movers |
Forvis Mazars debuted a US Financial Services Regulatory Center to help banks adapt to changing policies. Tally, which manages over $81 billion in value across its platform, rolled out Crypto Clarity, a regulatory intelligence tool for DeFi builders. Amazon announced a $4 billion plan to triple its delivery network by 2026. |
|
📊 Earnings this week |
Carnival beat Q2 earnings with 35 cents EPS versus expected 24 cents and revenue of $6.3 billion; shares soared 7%. BlackBerry achieved GAAP profitability for the first time since Q4 FY22, with net income, as shares went up 5.25%. FedEx beat Q4 expectations with $6.07 EPS versus $5.85 forecast; shares fell 6.03% |
|
📢 We want to hear from you |
We love hearing from you, and we deeply appreciate your feedback. |
⭐️ What did you think of today's edition? |
|
|
📺 What to watch today |
| NASA’s Curiosity Rover Explores “Spiderwebs” on Mars (360) |
|
|
That’s all for today. Did I miss anything? Smash the reply button to let me know. | Cheers,
Brandon with Stefan & Wyatt |
|
|
|
|
