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Iran Demands $24B in Frozen Assets for Peace Deal, June 06
Iran demands $24 billion in frozen assets for US peace deal. Military tensions escalate as talks remain deadlocked between nations.
PHLX Chip Index Crashes 10.3% on Broadcom Shock, June 06
PHLX Semiconductor Index drops 10.3% on June 05, erasing $1.3 trillion in market value amid weak AI chip demand.
Pentagon Raises Israel Spy Threat to Highest Level, June 06
Pentagon designates Israel counterintelligence threat as “critical” over espionage and surveillance concerns regarding U.S. Iran policy.
Australia’s Capital Gains Tax Overhaul: What the 2026 Budget Means, June 06
Australia’s 2026 Budget replaces the 50% CGT discount with inflation indexation and introduces a 30% minimum tax from July 2027.
Bitcoin Crashes Below $60,000 as Sell-Off Deepens, June 06
Bitcoin crashes below $60,000 to lowest level since October 2024. Worst week since FTX collapse. ETF outflows and major holder sales drive sell-off.
Ethereum USD Drops 11% Daily: ETHUSD at $1,571 Support
ETHUSD falls 11.04% today to $1,571. RSI oversold at 15.4, strong downtrend with ADX 35.3. Forecast targets $2,507 monthly.
Nasdaq Falls 4.2% on Chip Selloff, Worst Day Since April 2025
Nasdaq falls 4.2% to 25,709 as chip stocks plunge on strong jobs data and rate hike fears. Broadcom and Micron lead declines.
Bitcoin Crashes Below $61K as Strategy Sells, Hedge Funds Flee
Bitcoin drops to $60,912, down 4.2% daily. MicroStrategy sale and AI rotation drive $62 billion loss in crypto treasury holdings.
AI Bubble Shows Dot-Com Parallels as Nasdaq Crashes 4%, June 06
Ray Dalio warns AI stocks mirror dot-com bubble patterns as chip stocks crash. Goldman Sachs questions AI ROI amid Broadcom’s weak guidance.