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Key TakeawaysGold fell to $4,156 on June 19, its third straight weekly loss amid Fed rate hike bets.Goldman Sachs cut its 2026 gold target to $4,900 from $5,400 on June 13-20 data.Lawrence Lepard says bitcoin could reach $1 million as debt concerns build for years....
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Key TakeawaysElon Musk proposed direct Treasury payments instead of AI equity stakes on June 20, 2026.VT Senator Bernie Sanders’ bill seeks a 50% stock tax on major AI firms to fund a sovereign wealth fund.SpaceX’s IPO pushed Musk’s net worth past $1 trillion days...
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This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment...
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Key TakeawaysNational Business Pension Fund targets 1% crypto allocation worth $1.36 million in FY2026.Fund cuts yen exposure from 80% to 70%, citing the dollar’s weakening reserve status.Japan’s FIEA bill, passed June 11, 2026, could pave the way for crypto...
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Key TakeawaysKalshi held early IPO talks with banks, per The Information.Kalshi’s annualized revenue run rate topped $2 billion, tripling since November 2025.Coatue led Kalshi’s $1 billion round in May 2026, lifting its valuation to $22 billion. According to The... Translate »