$BTC is almost back to the $61,000 level.
A sweep of $60,000 zone could happen next, as stocks are showing weakness too.
If $60,000 holds, then BTC will have a decent bounceback towards $65,000.
Otherwise, it'll drop to new yearly lows.
BREAKING: China bought +10 tonnes of gold in May, the largest monthly addition since January 2025.
This follows +8 tonnes acquired in April, marking their 3rd consecutive monthly net purchase.
China has now bought gold for 19 consecutive months, the longest streak since at least 2015, when its central bank began publishing more regular data on its gold reserves.
This brings China's official gold reserves to a record 2,331 tonnes, worth over 9% of their total FX reserves.
The country is also the 3rd-largest central bank buyer year-to-date, after Poland and Uzbekistan, with a total of +27 tonnes added.
China’s demand for gold is accelerating.
In a world of siloed robots, @konnex_world is building the neutral on-chain marketplace where autonomous systems bid on jobs, license proven AI motion models, and settle in stablecoins. Turning robot labor into real liquidity. The GDP of the physical AI economy starts here.
In a world of siloed robots, @konnex_world is building the neutral on-chain marketplace where autonomous systems bid on jobs, license proven AI motion models, and settle in stablecoins. Turning robot labor into real liquidity. The GDP of the physical AI economy starts here.
Earn by helping identify the gaps no one talks about.
Hidden problems need real voices.
Join me on @LifeNetwork_AI Testnet: https://t.co/SVxypBOYgy
Code: ID4BT3G
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Claude Fable 5 first impressions:
It's over for OpenAI. They should just skip further 5.x releases and go all in on 6 if they want to stand a chance at competing well
🚨 PRECIOUS METALS ARE CRASHING
$1.48 TRILLION has been wiped out from precious metals in the last 12 HOURS.
Gold is down -4.1%, wiping out $1.22 trillion from its market cap.
Silver is down -7%, wiping out $260 billion from its market cap.
INSANE VOLATILITY IN THE US STOCK MARKET.
S&P 500 first added $680 billion at market open.
After that, the S&P 500 dumped 3.31%, wiping out $2.23 TRILLION.
Then, the news came around the US-Iran potential nuclear deal, and the reversal started.
In the next 4 hours, the S&P 500 pumped 2.05%, adding $1.36 TRILLION.
In just a single day, the S&P 500 moved $4.27 TRILLION, almost twice the entire crypto market cap.
Claude Fable 5 is our first generally available Mythos-class model.
It ships with new safety classifiers that may flag certain prompts in dual-use domains like cyber and bio.
We've added fallbacks: a refused request retries on Claude Opus 4.8 instead of dead-ending.