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Elon Musk believes that advances in AI and humanoid robots will nearly eliminate the cost of human labor, radically transforming the global economy.
He suggests that saving for a "comfortable retirement" may become meaningless as the world will be fundamentally different in 10-20 years.
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Ondo Finance (ONDO) now accepts tokenized stocks as collateral on OndoPerps. SPYon and QQQon, tokenized ETFs for S&P 500 and Nasdaq-100, can be used directly as margin without stablecoin conversion. Collateral limit is $100,000 nominal per asset, with more tokens planned.
OndoPerps has over $3.8 billion in trading volume, offers up to 20x leverage, runs 24/7, is registered in Panama, and excludes US citizens.
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The legendary exchange BitMEX, a pioneer in futures trading, is shutting down after 12 years. Crypto Twitter sees this as a bullish sign, noting major exchange failures often mark market bottoms.
Past shutdowns triggered huge rallies:
Exchanges fail, but Bitcoin endures. Are we near a new bull run?
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Crypto Insider
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Trump has ordered the military not to launch new strikes on Iran, calling a deal a "smarter strategy." He acknowledged he could have escalated attacks to "destroy everything they have" but chose negotiations instead, saying, "We are loaded and ready, but we are talking."
This decision came hours after an Omani delegation arrived in Tehran to discuss shipping through the Strait of Hormuz. Sources say an agreement between Oman and Iran could be reached in the coming days. Meanwhile, oil prices fell by 2%.
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