Happy Monday, Tuesday! Bitcoin has tumbled below $67K this morning. With tomorrow’s FOMC meeting, some are smelling a “scam dump.” You reckon?

Today, we cover what to expect of crypto markets with CPI data and FOMC meeting coming, what is up with Bitcoin miner stocks and more.

Plus, our partner brings a first-of-its-kind digital solution to the global commodities supply chain sector.

MARKET SNAPSHOT

TOP STORY

Bitcoin's Direction Ahead Of 'Huge' FOMC Meeting And Key CPI Data: Up, Down Or Sideways?

Briefly: Bitcoin is down ahead of the FOMC meeting. So far, so good. We’ve seen this movie before. But this time it could be different.

So Basically: “Week Size = Huge: June FOMC + US Inflation Data to Move Markets,” an analyst tweeted. Tomorrow also sees a major inflation data drop.

So Then: This short-term dump reflects long-term fears that inflaton won’t fade and the Fed won’t cut. But analysts are still remaining bullish.

So What: “Inflation appears set to meet the Fed’s target this year,” writes the analyst. But whether Bitcoin moves up again will depend on the FOMC meeting tomorrow.

Read all about it here.

TOGETHER WITH RESOURCE STOCK DIGEST

New Tech Leader in US$11T Global Commodities Sector

Amazingly, the $11T global commodities sector still runs primarily on paper transactions and phone calls! 

And thus, a comprehensive digital solution for moving commodities around the world has been long, long overdue.

One tiny company — trading completely undiscovered around 15-cents per share — has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. 

For investors, it’s an early-stage opportunity in a company with a true first-mover advantage in a globally diversified sector.

Click here to read more.

FIVE ZINGERS

Simple: Bitcoin is the simplest way to become a millionaire. At least to Robert Kiyosaki. Why he thinks that and whether it also applies to you.

No Alternative: Altcoins just cannot get going. Flat when Bitcoin is up and down hard when Bitcoin is down. Why are most still 70% off their ATHs?

Lower It: A few Democratic Senators have seen enough. They want the Fed to lower interest rates already. And it’s not the people you’d expect…

Lock It Up: Arthur Hayes locked $8.4M of an Ethereum-based token until September. WHy he did that and why whales are so keen on this token.

One Day: That’s how long meme coins last these days, according to a trader. Why have meme coins have taking such a beating recently?

FINTECH FOCUS

What's Going On With Bitcoin Miner Stocks?

Briefly: Marathon Digital, Riot Platforms and Clean Sparks are on the move. What’s up with them?

What Happened: Crypto analysts are expecting some choppiness in the price of Bitcoin leading up to comments from Federal Reserve chair Jerome Powell this week. Bitcoin is down and so are miner stocks.

What Else: Monday also marked the first net outflow for spot Bitcoin ETFs in nearly three weeks. Following 19 consecutive days of net inflows, investors pulled money out of Bitcoin ETFs.

Why It Matters: Miners have taken a hit to their revenue with the April halving. The consolidation period following it is a familiar post-halving pattern.

Read when miner stocks could bounce back here.

TOGETHER WITH RESOURCE STOCK DIGEST

New Tech Leader in US$11T Global Commodities Sector

Amazingly, the $11T global commodities sector still runs primarily on paper transactions and phone calls! 

And thus, a comprehensive digital solution for moving commodities around the world has been long, long overdue.

One tiny company — trading completely undiscovered around 15-cents per share — has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. 

For investors, it’s an early-stage opportunity in a company with a true first-mover advantage in a globally diversified sector.

Click here to read more.