Trump criticizes Powell as "drag" and "very politicized" in CNBC interview; mentions Bessent wants to stay Treasury Secretary, no longer pursuing Fed Chair; plans to fill Kugler vacancy for future Fed Chair; considering four candidates, expects to announce nominees soon.

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European Economic Update: Eurozone consumer confidence for June at -15.3, in line with forecasts and down slightly from -15.1 in May.

【Blockchain Theme Resort☘️】 ⭐ AB Resort will allocate 5%–10% of its annual net profits to the AB Charity Foundation’s funding pool. AB DAO remains committed to advancing blockchain technology and philanthropic initiatives—let us stay true to our mission and move forward together! AB DAO, in partnership with the AB Charity Foundation, today announced the launch of Timor-Leste AB Resort—a national-level innovation resort and the world’s first dedicated to both artificial intelligence (AI) and blockchain. Spanning 300,000 square meters along Timor-Leste’s coastline, the resort integrates technology R\&D, leisure, and entertainment. Development will proceed in four phases; Phase One covers 26,000 square meters and is expected to be completed within 18 months. Once operational, Timor-Leste AB Resort will recruit AI innovation teams, leading blockchain projects, industry-leading media outlets, blockchain research institutions, international conference brands, and scientific advisors from around the globe. The resort will host technology summits, academic seminars, and incubation programs, while also providing an ideal habitat and networking platform for blockchain professionals and digital nomads worldwide. Timor-Leste AB Resort benefits from the country’s superior island resources and supportive regulatory environment, securing exclusive stablecoin issuance, digital banking, and digital exchange licenses. Leveraging these licenses, the resort will build a comprehensive on-chain financial ecosystem to ensure secure, seamless digital-asset transactions. Guests will be able to pay and exchange major cryptocurrencies on-site, and AB token holders will enjoy exclusive discounts and priority reservations; detailed benefit packages are currently under development. Bertie Ahern, Chair of the AB Charity Foundation and former Taoiseach of Ireland, commented: “Timor-Leste AB Resort will offer the global blockchain community an immersive environment for research, education, and lifestyle. Through the deep integration of philanthropy and technology, we aim to drive sustainable economic and social development in Timor-Leste.” Boris Tadić, former President of Serbia and AB Chain Compliance Overseer, added: “This resort will not only showcase blockchain-driven innovation but will also become a global hub for industry collaboration and talent exchange. We look forward to partnering with many stakeholders to make Timor-Leste a model for future blockchain empowerment.” The resort complex will feature luxury hotels and villas, innovation offices, training centers, conference and exhibition facilities, a yacht club, marine experience zone, and a digital-nomad village. It will open its doors to blockchain enterprises and communities worldwide, with plans to host technology labs, incubators, and industry conferences, accelerating real-world adoption and ecosystem growth. AB DAO and the Government of Timor-Leste will collaborate closely—supported by on-chain philanthropy and decentralized governance—to upgrade local infrastructure and cultivate talent. As a flagship initiative of the AB Charity Foundation, Timor-Leste AB Resort will inject new energy into blockchain development and set a benchmark for the fusion of blockchain technology and tourism. ℹFor more information, please visit: Official Website: https://www.ab.org/en/resort/ Global Community: https://www.ab.org/en/community

More companies are choosing to add ETH to their balance sheets over BTC, as ETH gains popularity among firms seeking active income streams. Unlike BTC, which primarily benefits from price appreciation, ETH enables staking, providing a source of additional income, according to Reuters.

Caterpillar (CAT) reports second quarter earnings of $4.72 per share, below analyst estimates of $4.88, despite revenue beating forecasts at $16.57 billion versus expected $16.33 billion.

Kazakhstan's Telegram has officially become part of Astana Hub, Central Asia's largest IT startup technopark. The company plans to develop digital products for domestic and international markets.

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O'KEY Group reports first-half 2025 net loss narrows to 95.8 mln rubles from 951.7 mln rubles a year earlier.

U.S.-Russia Tensions: Witkoff to Visit Moscow this Week to Urge Putin for Ceasefire; If Unsuccessful, Ukraine Allies Anticipate Trump Enacting Tariffs on Nations Buying Russian Oil, The Hill Reports.

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Palantir Technologies Inc. shares rose 5% after posting increased demand for artificial intelligence solutions and securing major U.S. government contracts. The Trump administration selected Palantir for extensive American surveillance programs, while the U.S. Army signed a $10 billion deal with the firm, effective through 2035.

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