We Live in Exciting Times.

Don't waste yours.

Speculation surrounding the potential approval of a spot Ether ETF by the SEC has ignited a bullish sentiment in the crypto market, leading to a surge in Ether's price. Analysts and investors are optimistic following positive signals from the SEC towards approving these ETFs, with expectations of increased approval probabilities. The anticipation of regulatory developments, especially as the deadline for VanEck's spot Ether ETF application nears, is driving market optimism. The price surge in Ether has also positively impacted Bitcoin and other cryptocurrencies, with hopes for ETF approval driving overall market growth. Institutional interest, excitement over potential ETF approval, and growth in the Ethereum decentralized finance ecosystem are contributing to the positive sentiment and significant price increase for Ether.

A video shared on Donald Trump's social media account sparked controversy as it referenced a 'unified Reich' in hypothetical headlines if he wins the 2024 election. Despite the word 'Reich' being historically associated with Nazi Germany, in this context, it alluded to the modern pan-German nation formation in 1871. The video included themes of American prosperity and controversial policies, leading to criticism from the Biden campaign and concerns about Trump's language choices. Trump's team clarified that the video was not an official campaign material and attributed the controversial term to an oversight by a staffer. The Biden campaign accused Trump of echoing Nazi Germany and raised concerns about his potential dictatorial intentions should he return to power.

Trump Media and Technology Group, the owner of Truth Social, reported a staggering net loss of over $300 million in its recent public quarter, mainly attributed to non-cash merger expenses. Despite generating only $770,500 in advertising revenue, the company remains dedicated to long-term product development. The second consecutive quarter below $1 million revenue raises concerns, yet the company holds a significant valuation of $6.6 billion. The Parent company of Truth Social, Trump Media and Technology Group, saw a sharp increase in net losses, reaching $328 million this quarter, with most losses stemming from non-cash expenditures. The financial challenges faced by Trump's media company, Truth Social, have been evident, with the platform struggling to generate substantial revenue, reporting a $328 million loss in the first quarter of 2024 on revenue of only $770,500. Trump Media & Technology's recent financial report, indicating another quarterly loss and revenue below $1 million, has impacted the company's stock performance, which, despite a slight post-close rise, has seen several declines.

Janet Yellen is urging the EU and the US to collaborate in curbing Chinese exports, particularly in green technology such as solar panels, to prevent a potential trade war. She stresses the importance of addressing China's industrial policies jointly to protect manufacturers in both regions. The focus is on combating China's excessive production of green energy technology, which threatens Western markets and clean energy industries globally. Yellen also highlights the need for European support in imposing tariffs on Chinese electric vehicles and for German banks to comply with sanctions to avoid penalties.

In Frankfurt, a trial has commenced against the 'Reichsbürger' group, led by figures like Heinrich XIII. Prince Reuß, for planning a coup in Germany, shedding light on their historical actions beyond mere fantasy. The accused, which include former AfD members and elite soldiers, aimed to violently abolish the state order and reinstall pre-1918 borders. This trial reflects a pattern of far-right plotters attempting improbable coups, believing in conspiracies involving pedophilic politicians and foreign intelligence services. The group's plan to storm the Reichstag and take MPs hostage has brought nine individuals, including an aristocrat and retired military officers, to face charges of high treason in Frankfurt amidst heightened security measures.

EU states have reached an agreement to adopt a new law regulating the use of Artificial Intelligence, set to be in effect from spring 2026. The law focuses on enhancing transparency, security, and ethical use of AI, aiming to establish global standards. Although this is a significant step towards AI governance, concerns linger about the potential rapid obsolescence of the regulations. The legislation prohibits certain AI applications like facial recognition in public spaces and the assessment of social behavior, marking a landmark move in AI regulation. Additionally, the establishment of an AI Office and an advisory forum demonstrates the EU's commitment to enforcing and refining the new rules.

A Russian proposal in the UN Security Council to ban weapons in space failed to gain enough support, leading to a split vote with the US accusing Russia of weaponizing space. This rejection follows a previous US resolution blocked by a Russian veto, showcasing ongoing tensions. The USA views Russia's actions as hypocritical, diverting attention from its own controversial activities in outer space. The failure highlights concerns over the increasing militarization of space, with both nations engaged in competing space programs. International calls for support for Ukraine in defending against potential Russian space-based threats are also emphasized.

Extreme heat waves in south and southeast Asia, exacerbated by urbanization and global warming, have resulted in severe impacts on human health, education, and the economy. Scientists warn that the trend of increasing extreme heat days is a clear sign of climate change, necessitating urgent adaptation measures to address the escalating risks and challenges faced by the region. Recent studies highlight the intensification of heatwaves in Asia due to human-induced warming, with record-breaking temperatures, school closures, and health warnings becoming more common. The closure of schools in India, like in Delhi, due to soaring temperatures reaching 47.4 degrees Celsius, underscores the immediate health risks posed by the escalating heat waves and the urgent need for proactive measures to protect vulnerable populations in the face of climate change.