🇺🇸 UPDATE: Senators Warren and Coons ask the Trump administration to preserve records on Nvidia’s China chip exports and Jensen Huang’s alleged affair with a suspected Chinese spy.
🇺🇸 UPDATE: Nvidia’s board is preparing to oust CEO Jensen Huang and may meet today to decide his future, Reuters reports. Shares fell 8% after the report.
🇦🇪 JUST IN: UAE-linked ADI PredictStreet removed Trump-linked USD1 from its site, replacing it with $USDC. Onchain data showed the platform was already using $USDC.
⚡ JUST IN: MSCI will decide today whether Strategy and Metaplanet remain in its global indexes. JPMorgan estimates exclusion could trigger up to $2.8B in passive selling.
🇨🇳🇺🇸 JUST IN: PLA-linked Northwestern Polytechnical University bought two Nvidia H200 chips for 874,700 yuan (~$123K) despite the US export blacklist, Reuters reports.
⚡ JUST IN: FTX’s former Anthropic stake could be worth over $30B at the AI firm’s proposed IPO price. The bankruptcy estate sold it for $1.34B in 2024.
🇮🇳 JUST IN: Moody’s raises India’s FY27 GDP growth forecast to 7% from 6.5%, citing economic resilience and investment momentum. It flags inflation and El Niño risks.
🇺🇸 JUST IN: Former White House crypto adviser Patrick Witt says Trump remains interested in buying $BTC for the Strategic Reserve. No open-market purchases yet.