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Bitcoin Drops Below Pre-War Level as Crypto Markets Slide

BTC and ETH extend weekly losses amid inflation fears and shifting investor sentiment away from safe-haven assets. Bitcoin fell 4% to open at $62,257.81 on June 4, erasing all gains made since the start of the Iran war. The decline marks a shift from its recent safe-haven

  • mohammad501ps@gmail.com
  • June 4, 2026
  • macro

Why Social Security’s 2.8% COLA Isn’t Keeping up with What Retirees Actually Spend on Healthcare

Quick Read - After Medicare Part B's $18 premium increase, the effective monthly COLA gain drops from $56 to roughly $38, shrinking further with supplemental coverage costs. - Social Security's CPI-W-based COLA underweights retiree healthcare spending, eroding benefits'... <p

  • mohammad501ps@gmail.com
  • June 4, 2026
  • stocks

Sanders Proposes 50% AI Wealth Tax to Fund Public Ownership Stake

Senator Bernie Sanders unveils plan to tax large AI firms 50% to create a sovereign wealth fund for Americans. Senator Bernie Sanders announced plans to introduce legislation granting the public a 50% ownership stake in large AI companies via a one-time stock tax. The AI S

  • mohammad501ps@gmail.com
  • June 4, 2026
  • stocks

Take-two’s Path to Profitability is Coming in November

The countdown for Grand Theft Auto VI is on. Take-Two Interactive (NASDAQ: TTWO) has confirmed a Nov. 19 release date for the blockbuster title It's widely considered to be the largest entertainment release in history, with some analysts projecting sales of up to 40

  • mohammad501ps@gmail.com
  • June 4, 2026
  • stocks

Crowdstrike Q1 2027 Earnings: Profit, Raised Outlook, Stock Falls

CrowdStrike Holdings swung to a first-quarter profit and raised its fiscal 2027 outlook on Wednesday, but the stock fell about 11% in after-hours trading. Measuring against the prior-year period's loss of $104.3 million, or 42 cents per share, the quarter ended April 30 sa

  • mohammad501ps@gmail.com
  • June 4, 2026
  • crypto

ECB’s Schnabel Warns Stablecoins Could Reshape Financial Stability

A top ECB official highlights risks and parallels between stablecoins and historical monetary innovations like bank money. European Central Bank Executive Board member Isabel Schnabel warned that stablecoins could significantly alter financial stability, monetary policy, a

  • mohammad501ps@gmail.com
  • June 4, 2026
  • crypto

FG Nexus Offloads Additional $17.8m Ether as Losses Top $100M

Wallet linked to FG Nexus moves 10k ETH. Source Arkham The company disclosed holdings of roughly 40,093 ETH in December 2025 and has yet to publicly comment on its Ether sales since those disclosures, with recent transfers identified by onchain data providers not addressed

  • mohammad501ps@gmail.com
  • June 4, 2026
  • crypto

Hayes Wagers $100,000 on $HYPE Outperformance Over $SOL by 2026

A high-stakes bet between Arthur Hayes and Kyle Samani pits Hyperliquid’s $1.25bn revenue against Solana’s inflation and fee leakage. Crypto traders Arthur Hayes and Kyle Samani have placed a $100,000 bet on $HYPE outperforming $SOL by the end of 2026. Hayes backs Hyperliq

  • mohammad501ps@gmail.com
  • June 4, 2026
  • crypto

Bybit Integrates Western Union’s USDPT Stablecoin in Crypto-Finance Bridge

Western Union’s USDPT stablecoin debuts on Bybit, marking the first major crypto exchange to adopt the traditional finance-backed asset. Bybit has integrated Western Union’s USDPT stablecoin, becoming the first major crypto exchange to adopt the asset. The move aims to bri

  • mohammad501ps@gmail.com
  • June 4, 2026
  • forex

USD/JPY Rebounds to 160 After Brief Dip, UOB Sees Near-Term Range

Analysts forecast consolidation between 159.20 and 160.30 as upward momentum in the pair weakens. USD/JPY recovered to close near 160.00 after a sharp intraday drop, erasing earlier losses. The pair’s upward momentum has faded, signaling a potential pause in its recent ral

  • mohammad501ps@gmail.com
  • June 4, 2026
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