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Share link:In this post: German business confidence is the highest it’s been in over two years. Government plans to spend more on infrastructure and defense are lifting hopes. The economy shows signs of recovery, with slight growth expected in 2025.
Share link:In this post: Ethereum core developer proposes cutting slot time from 12 to 6 seconds in EIP-7782, potentially doubling block production speed. The change, targeting the 2026 Glamsterdam upgrade, promises faster confirmations and improved DeFi performance without increasing gas throughput. Developers face technical challenges in implementation, including backward compatibility and infrastructure updates to support new timing logic.
Share link:In this post: Elon Musk gained $19 billion in one day, becoming the world’s richest billionaire after Tesla launched its robotaxi service in Austin. The robotaxi debut boosted Tesla’s stock by 8%, but analysts remain cautious, warning of overvaluation and technical hurdles. U.S. regulators are investigating Tesla’s robotaxis after videos showed potential safety issues, including lane violations and speeding.
Share link:In this post: Top central bankers said stablecoins “perform badly” as money, contradicting U.S. President Donald Trump’s push to make them a pillar of mainstream finance. The Bank for International Settlements (BIS) claimed that stablecoins failed the three main tests of any money because they lacked backing from central banks. Outgoing head of the BIS, Agustin Carstens, said that realizing the full potential of stablecoins required taking bold action.
Share link:In this post: US markets open in the green as Rep. Al Green files an impeachment article against President Trump over unauthorized Iran strikes. Trump-linked stocks and meme tokens surge; oil prices fall amid Middle East ceasefire hopes. Green accuses Trump of violating war powers; White House says the US seeks peace, not prolonged conflict.
Share link:In this post: Powell told Congress the Fed won’t cut rates soon and wants more inflation data first. Michelle Bowman and Christopher Waller support a July rate cut if prices stay low. The Fed’s internal forecast shows a split, with no clear agreement on future cuts.
Share link:In this post: Goldman Sachs CEO urged Europe to reconsider its extensive regulatory requirements. He believes the regulations are overbearing, duplicative, and costly to companies. Solomon also warned that the EU’s biggest challenge is that countries can veto reforms to protect narrow national interests.
