Bitcoin’s biggest ETF is becoming the sell wall bulls have to break
IBIT still dominates the spot Bitcoin ETF market, but Farside's latest flow data shows its scale can now work in reverse when Bitcoin needs fresh spot demand around $60,000.
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After the G7 releases reserves, Trump takes action again to suppress oil prices before the election: reportedly plans to relax tax-exempt "red diesel" usage restrictions
According to reports, the Trump administration is expected to announce a related plan as early as this Monday, possibly expanding the use of red diesel to road vehicles. Last Friday, the G7 announced the release of 100 million barrels of emergency oil reserves and a significant supply of diesel in the first 20 days. Afterwards, Trump stated that the United States would no longer enforce the diesel export ban. Europe has a large amount of diesel, and the United States will also increase its supply.
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