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Symmetry Technologies Inc through its subsidiary acquires, markets and sells gummies to retailers.

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Elon Musk says that his BCI company, Neuralink, will conduct the first human trial of its Blindsight brain implant within the next year.
What Happened: "In the next 6–12 months, we&#8217;ll be doing our first implants for vision, where even if somebody is completely blind, we can write directly to the visual cortex," the billionaire said in an interview with Y Combinator on Thursday.
He also outlined how the company has seen some results in Monkeys during its research. "One of our monkeys has had a visual implant for 3 years," adding that the vision through the implant would be fairly low resolution initially.
However, Musk was also quick to tout the implant's capability to let the recipient see multi-spectral wavelengths. "Long term, it'll be very high resolution and you'll be able to see multi-spectral wavelengths," he said before adding that people could see ultraviolet rays, infrared and even radar, "like a superpower situation."
Musk also added that cybernetic implants like Neuralink will be "augmenting human capabilities dramatically," while also enhancing human intelligence as well as senses.
Why It Matters: Musk's comments reiterate his previous claims of the company's Blindsight implant being able to restore vision in completely blind people. Neuralink would be conducting the <a href="https://www.benzinga.com/25/05/45538889/elon-musk-shares-major-neuralink-update-at-qatar-economic-forum">first-ever human trial</a> for the implant in the UAE next year.
Neuralink also recently added <a href="https://www.benzinga.com/markets/tech/25/06/46012959/elon-musks-neuralink-implants-brain-chip-in-6th-patient-enables-paralyzed-man-to-move-cursor-play-game-with-his-mind">a sixth recipient</a> of its BCI implant, who demonstrated that he could play a video game with his thoughts within a week of receiving the implant.
Interestingly, as Musk touts Neuralink, the BCI company raised over $650 million in Series E funding, with Cathie Wood&#8216;s investment firm ARK Invest among the investors, which led to the company boasting a current<a href="https://www.benzinga.com/general/health-care/25/05/45634160/elon-musks-neuralink-hits-9-billion-valuation-with-new-funding"> valuation of $9 billion</a>.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/04/45032464/man-suffering-from-als-becomes-the-first-ever-non-verbal-recipient-elon-musks-neuralink-brain-implant">Man Battling ALS Becomes First Non-Verbal Patient To Receive Elon Musk&#8217;s Neuralink Brain Implant</a></li>
</ul>
Photo courtesy: rafapress / Shutterstock.com

Tech

Elon Musk Says Neuralink's Blindsight Implant Will Help People See Radar, Infrared Like A 'Superpower' Ahead Of Human Trial Next Year

HIVE Digital Technologies Ltd. (TSXV:<a class="ticker" href="https://www.benzinga.com/stock/HIVE#TSXV">HIVE</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIVE#NASDAQ">HIVE</a>) (FSE: YO0) (the "Company" or "HIVE"), a global leader in sustainable digital infrastructure, is pleased to announce it has surpassed 11 Exahash per second (EH/s) of global Bitcoin mining hashrate, achieving an operational hashrate of 11.4 EH/s. This milestone marks the early and successful completion of Phase 1 (100 MW) of HIVE's Yguazú site in Paraguay - a pivotal step in its mission to scale to 25 EH/s by American Thanksgiving 2025.
Over the past five weeks, HIVE has steadily increased its installed hashrate by approximately 1 EH/s per week, reaching 11 EH/s last week. The Company has since grown to 11.5 EH/s and expects to maintain this level under typical operating conditions. As summer temperatures rise across HIVE's Canadian data centers, minor fluctuations in daily hashrate are expected as the Company optimizes ASIC performance for seasonal conditions.

News

HIVE

TSXV:HIVE

HIVE Digital Hits 11.4 EH/s in Bitcoin Mining After Early Completion of Paraguay Site Expansion

Regeneron Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>) and Sanofi today announced that the U.S. Food and Drug Administration (FDA) has approved Dupixent&#xAE; (dupilumab) for the treatment of adult patients with bullous pemphigoid (BP).
BP primarily affects elderly patients, and is characterized by intense itch, painful blisters and lesions, as well as reddening of the skin. It can be chronic and relapsing with underlying type 2 inflammation. The blisters and rash can form over much of the body and cause the skin to bleed and break down, resulting in patients being more prone to infection and affecting their daily functioning. Available treatment options are limited and can add to overall disease burden by suppressing a patient's immune system.
"People affected by bullous pemphigoid endure unrelenting itch and painful blisters that can damage the skin. Until now, these primarily elderly patients have had limited therapeutic options available, with potential side effects that have often added to their burden," Patrick Dunn, Executive Director at the International Pemphigus and Pemphigoid Foundation. "The approval of Dupixent for bullous pemphigoid brings a novel treatment approach to patients and their caregivers, and we are grateful for the tireless efforts of the scientific community who helped us reach this critical milestone."
"Today's approval extends the remarkable ability of Dupixent to transform treatment paradigms for people living with a variety of diseases with underlying type 2 inflammation, from common conditions like asthma and atopic dermatitis, to rarer ones such as eosinophilic esophagitis and prurigo nodularis, and now including bullous pemphigoid," said George D. Yancopoulos, M.D., Ph.D., Board co-Chair, President and Chief Scientific Officer at Regeneron, and a principal inventor of Dupixent. "Dupixent has shown the potential to improve the most challenging effects of bullous pemphigoid, while helping some patients achieve sustained disease remission and decreased oral corticosteroid use. Additionally, this approval further reinforces the demonstrated safety profile of Dupixent in a broad age range of patients, from infants to elderly people, and across dermatological, respiratory and gastrointestinal diseases."
The FDA approval is based on data from the pivotal ADEPT Phase 2/3 trial that evaluated the efficacy and safety of Dupixent compared to placebo in adults with moderate-to-severe BP. Patients were randomized to receive Dupixent 300 mg (n=53) or placebo (n=53) added to standard-of-care oral corticosteroids (OCS). During treatment, all patients underwent a protocol-defined OCS tapering regimen if control of disease activity was maintained. During the FDA review, the analyses were updated; the FDA-approved results at 36 weeks in the label for Dupixent compared to placebo are:
<ul>
<li>18.3% of patients experienced sustained disease remission compared to 6.1% (12.2% difference; 95% confidence interval: -0.8% to 26.1%), the primary endpoint</li>
<li>38.3% of patients achieved clinically meaningful itch reduction compared to 10.5%</li>
<li>Median cumulative OCS dose was 2.8 grams compared to 4.1 grams &nbsp;</li>
</ul>
In this elderly population, the most common adverse events (≥2%) more frequently observed in patients on Dupixent compared to placebo were arthralgia, conjunctivitis, blurred vision, herpes viral infections and keratitis. Additionally, 1 case of acute generalized exanthematous pustulosis was reported in 1 patient treated with Dupixent and 0 patients treated with placebo.

Government

Regulations

REGN

Regeneron and Sanofi Win FDA Approval for Dupixent to Treat Painful Skin Disease in Elderly Patients

A widely followed cryptocurrency analyst on Thursday projected a 60% price move for Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) once it breaks free from a symmetrical triangle pattern.
What happened: Ali Martinez said the dog-themed cryptocurrency looks "prime" for a 60% move. He highlighted a symmetrical triangle chart formation, characterized by two converging trendlines. It typically indicates a period of consolidation in the market before a potential breakout or breakdown.
"All you need to do is wait for a daily close outside of the $0.16 to $0.22 range to determine the direction of the trend," he added
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> looks prime for a 60% price move! All you need to do is wait for a daily close outside of the $0.16 to $0.22 range to determine the direction of the trend. So go to <a href="https://twitter.com/coinexcom?ref_src=twsrc%5Etfw">@coinexcom</a>, sign up using my referral link <a href="https://t.co/73n8mWavUX">https://t.co/73n8mWavUX</a>, and join me in this trade! <a href="https://t.co/Im27DBuBka">pic.twitter.com/Im27DBuBka</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1935620101329625304?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
A cryptocurrency trader operating under the pseudonym BitGuru said DOGE exhibited a "clear downtrend structure," forming lower highs from $0.2547 to $0.2069.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> is showing a clear downtrend structure, consistently forming lower highs from $0.2547 to $0.2069. After every brief consolidation phase, the market continues its downward trajectory. <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw">#DOGE</a> <a href="https://twitter.com/hashtag/TradingTips?src=hash&amp;ref_src=twsrc%5Etfw">#TradingTips</a> <a href="https://t.co/PPGdkCl9ZZ">pic.twitter.com/PPGdkCl9ZZ</a>
&mdash; BitGuru &#x1f536; (@bitgu_ru) <a href="https://twitter.com/bitgu_ru/status/1935698682738814982?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
That said, derivatives traders were still highly bullish on the coin. More than 75% of Binance traders with open DOGE positions were long as of this writing, <a href="https://www.coinglass.com/LongShortRatio">according</a> to Coinglass.
Meanwhile, the Commodity Channel Index, which measures the difference between the current price and the historical average price of an asset, signaled a "Buy" for DOGE, <a href="https://in.tradingview.com/symbols/DOGEUSDC/technicals/">according </a>to data from TradingView.&nbsp;
The Bull Bear Power indicator, however, flashed "Sell," indicating a balance between buyers and sellers in the market.
The world&#8217;s largest memecoin by market capitalization has retreated sharply from its May highs, <a href="https://www.benzinga.com/crypto/25/06/46018884/bitcoin-ethereum-dogecoin-rangebound-as-white-house-says-decision-on-iran-israel-conflict-in-two-weeks-analyst-says-this-is-the-right-combination-for-bullish-btc-momentum-to-retur">pressurized by ongoing geopolitical tensions</a>. 
Price Action:&nbsp; At the time of writing, DOGE was exchanging hands at $0.1682, down 2.20% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;
Photo Courtesy: alfernec on Shutterstock.com
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45988475/us-military-action-on-iran-odds-rise-on-crypto-betting-site-polymarket-as-trump-demands-unconditional-surrender">US Military Action On Iran? Odds Rise On Crypto Betting Site Polymarket As Trump Demands &#8216;Unconditional Surrender&#8217;</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Markets

$DOGE

Dogecoin Could See A 60% Move If It Breaks Out Of This Range, Says Analyst  — But What Determines Its Direction?

Speaking to young founders at Y Combinator's AI Startup School in San Francisco earlier this week, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Elon Musk shared raw, humorous and insightful reflections on his early startup journey—and why rejection shaped his mission to build the future.
What Happened: In a fireside chat with Y Combinator CEO Garry Tan, Musk revisited his 1995 decision to drop out of Stanford University's PhD program and take a gamble on the internet—then a largely unknown frontier.
Musk admitted he initially didn't intend to start a company—he just wanted a job at Netscape, the leading browser company at the time.
&#8220;I sent my resume into Netscape and [Marc Andreessen] knows about this but I don&#8217;t think he ever saw my resume and then nobody responded,&#8221; he said, adding, &#8220;So, I&#8217;m like man, this is ridiculous, so I&#8217;ll just write software myself and see how it goes.&#8221; 
See Also:&nbsp;<a href="https://in.benzinga.com/tech/25/02/43772135/ex-openai-chief-scientist-ilya-sutskevers-ai-startup-valued-at-30-billion-in-latest-funding-round-report" target="_blank" rel="noreferrer noopener">Ex-OpenAI Chief Scientist Ilya Sutskever's AI Startup Valued At $30 Billion In Latest Funding Round: Report</a>
That "see what happens" mindset led to Zip2, Musk's first startup. With no money for rent, he and his co-founder slept in the office and showered at the YMCA. He once also drilled a hole through the floor to access the ISP downstairs.
Though <a href="https://www.benzinga.com/startups/24/11/41703199/when-elon-musk-sold-his-first-company-he-had-a-choice-a-house-or-a-mclaren-f1-heres-how-his-choice-t">Zip2 sold for $300 million</a>, Musk said a key mistake was ceding too much control to investors who didn't understand the internet.
Another lesson that can be derived from his life story is that, rather than doing otherwise, he "kept the chips on the table." Musk put nearly all of his Zip2 money, which Musk said was $20 million, into X.com.
The billionaire said he wanted to build tech without limitations and go directly to consumers.
Musk also noted that today's AI startup valuations are "eye-watering", and while some may succeed, the hype is intense. He sees AI as a potential civilization-scale economic revolution—but also a tsunami compared to the &#8220;trash on the beach&#8221; of current political issues.
He said that politics is all noise, while engineering demands truth. He's now focused again on technology, his &#8220;main quest,&#8221; after what he called a "side quest" of dealing with bureaucracy and fraud in DC.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Elon Musk (<a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a>) on digital superintelligence, multiplanetary life, and how to be useful this week at AI Startup School. <a href="https://t.co/CDEoFKAzQI">pic.twitter.com/CDEoFKAzQI</a>
&mdash; Y Combinator (@ycombinator) <a href="https://twitter.com/ycombinator/status/1935795261126889944?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It's Important: Musk currently has a net worth of $366 billion, according to Bloomberg's Billionaire <a href="https://www.bloomberg.com/billionaires/profiles/elon-r-musk/">Index</a>.
According to Tesla's 2024 proxy statement, Musk holds roughly a 13% stake in the company. The EV giant has a market cap of $1.037 trillion.
Musk's space venture, SpaceX, meanwhile, is valued at <a href="https://www.benzinga.com/24/12/42453807/spacex-hits-350-billion-valuation-in-insider-share-sale-ceo-elon-musk-says-no-investors-wanted-to-sell-shares">nearly $350 billion</a> based on a tender offer from December 2024.
In March, Musk's AI venture, xAI, took over his social media platform X, formerly Twitter, through an all-stock transaction <a href="https://www.benzinga.com/tech/25/03/44549314/elon-musk-acquires-his-own-social-media-platform-x-through-xai-in-33-billion-deal-says-combined-entity-now-worth-80-billion">valued at $33 billion</a>.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Photo Courtesy: Frederic Legrand &#8211; COMEO on Shutterstock.com
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/tech/25/01/43221770/apples-ipad-turns-15-today-heres-a-throwback-to-when-steve-jobs-explained-called-it-the-third-category-after-phones-and-notebooks" target="_blank" rel="noreferrer noopener">Apple&#8217;s iPad Turns 15 Today: Here&#8217;s A Throwback To When Steve Jobs Explained Called It The ‘Third Category&#8217; After Phones And Notebooks</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

TSLA

Before The Mars Dream And Multi-Billion Dollar Ventures, Elon Musk Just Wanted A Job At Netscape—Here's What He Told The AI Generation About That

Commercial Metals Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>) will release earnings results for the third quarter, before the <a href="https://www.benzinga.com/quote/CMC/earnings">opening bell on Monday, June 23.</a>
Analysts expect the Irving, Texas-based company to report quarterly earnings at 84 cents per share, down from $1.02 per share in the year-ago period. Commercial Metals projects to report quarterly revenue of $2.04 billion, compared to $2.08 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On March 20, Commercial Metals reported second-quarter 2025 results on Thursday, with net sales down 5.1% year-over-year to $1.754 billion, broadly in line with the analyst expectations of $1.746 billion.
Commercial Metals shares rose 0.2% to close at $49.04 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/CMC/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>Wolfe Research analyst Timna Tanners upgraded the stock from Peer Perform to Outperform on May 27, 2025. This analyst has an accuracy rate of 67%.</li>
<li>UBS analyst Curt Woodworth maintained a Neutral rating and cut the price target from $54 to $49 on March 24, 2025. This analyst has an accuracy rate of 66%.</li>
<li>Morgan Stanley analyst Piyush Sood maintained an Equal-Weight rating and slashed the price target from $56 to $53 on March 7, 2025. This analyst has an accuracy rate of 73%.</li>
<li>Jefferies analyst Seth Rosenfeld maintained a Buy rating and cut the price target from $65 to $62 on Jan. 6, 2025. This analyst has an accuracy rate of 67%.</li>
</ul>
Considering buying CMC stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/CMC/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="571" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20024806/image-300-1024x571.png" alt="" class="wp-image-955538" style="width:649px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20024806/image-300-1024x571.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20024806/image-300-300x167.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20024806/image-300-768x428.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20024806/image-300.png 1115w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45993572/top-2-industrials-stocks-that-may-fall-off-a-cliff-in-q2">Top 2 Industrials Stocks That May Fall Off A Cliff In Q2</a> </li>
</ul>
Photo via Shutterstock

Earnings

Price Target

Pre-Market Outlook

Analyst Ratings

Trading Ideas

Top Wall Street Forecasters Revamp Commercial Metals Expectations Ahead Of Q3 Earnings

Telegram founder Pavel Durov says he will divide his roughly $17 billion fortune among more than 100 children he has fathered, but they will have to wait three decades to claim it.
What Happened: Durov, 40, <a href="https://www.lepoint.fr/high-tech-internet/exclusive-pavel-durov-on-his-arrest-in-france-macron-russia-the-fbi-and-the-fight-for-telegram-19-06-2025-2592412_47.php#11">told</a> Le Point he recently drafted a will stipulating that biological or sperm-donated &#8220;they will all have the same rights," yet none will see any cash until 2055 so they can "build themselves up alone."
The messaging-app billionaire said he has six children with three partners and at least 100 more conceived through anonymous sperm donations in 12 countries, a tally confirmed by the clinic he has used for 15 years.
Based on his Bloomberg-<a href="https://www.bloomberg.com/billionaires/profiles/pavel-durov/">indexed</a> wealth, each heir could inherit about $131 million if today's figure holds. "I want them to live like normal people … not be dependent on a bank account," Durov said, adding the delay should prevent "tearing each other apart after my death."
The Russian-born entrepreneur maintains a strict regimen. 300 push-ups, 300 squats daily, no alcohol, caffeine or sugar, highlighting what he calls a self-reliant philosophy. He also brushed off <a href="https://www.benzinga.com/news/24/09/40893281/telegram-ceo-pavel-durov-faces-10-year-sentence-and-500k-fine-in-frances-first-cybercrime-case-under">French criminal charges</a> alleging Telegram enables child-abuse content and drug trafficking, calling the accusations "absurd."
See also: <a href="https://www.benzinga.com/news/health-care/25/06/46019567/mark-cuban-says-were-he-to-become-president-for-a-day-he-would-make-these-two-simple-moves-to-overhaul-us-healthcare">Mark Cuban Says Were He To Become President For A Day, He Would Make These Two Simple Moves To Overhaul US Healthcare</a>
Why It Matters: Telegram, which boasts more than 900 million users, raised fresh capital this spring as investors bet on its premium subscriber push, a strategy analysts say could lift valuations ahead of a <a href="https://www.benzinga.com/news/24/09/40669018/telegrams-financial-health-in-question-a-roadblock-to-30b-ipo">long-discussed IPO</a>. Still, Durov warned that defending privacy creates enemies &#8220;within powerful states&#8221;, one reason he finalized his estate plan now.
The revelation thrusts Durov into a rare club of ultra-rich planning multigenerational legacies. Warren Buffett, for one, plans to <a href="https://www.benzinga.com/startups/24/11/41866296/with-warren-buffett-donating-99-of-his-fortune-whats-left-for-his-three-children-well-its-complicated?">give away 99%</a> of his Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) fortune through a charitable trust his three children must jointly administer, continuing annual stock gifts that have already exceeded half his original holdings and could distribute more than $10 billion a year after his death.
Bill Gates likewise limits each heir to <a href="https://www.benzinga.com/personal-finance/24/07/40015377/bill-gates-children-will-only-inherit-10-million-0-0077-of-his-net-worth-leaving-kids-massive-am">about $10 million</a>, plans to sunset the Gates Foundation by 2045 after roughly $200 billion in total giving, and argues great wealth "should benefit society, not children who did nothing to earn it."
Photo Courtesy: Thrive Studios on Shutterstock.com
Read next: <a href="https://www.benzinga.com/markets/tech/25/06/46019450/elon-musk-says-tesla-works-closely-with-xai-you-can-either-be-a-spectator">Elon Musk Says Tesla Works Closely With xAI: &#8216;You Can Either Be A Spectator…&#8217;</a>

Pavel Durov's 100-Plus Children Won't See A Cent Of His Fortune Until 2055, Here's What The Telegram CEO Plans To Do With His Estate

A Houston hospital has performed the U.S.'s first fully robotic heart transplant, offering new hope for patients with advanced heart failure.
What Happened: On March 15, surgeons at Baylor St. Luke's Medical Center in Houston successfully performed a fully robotic heart transplant on Tony Rosales Ibarra, a 45-year-old man from Lufkin, Texas.
Suffering from end-stage heart failure, Rosales Ibarra agreed to the innovative procedure in hopes of improving his recovery and saving his life.
"I told the doctors, ‘Do what you've got to do to save me. No restrictions. I want to live,'" he <a href="https://www.houstonchronicle.com/health/article/baylor-st-lukes-robotic-heart-transplant-20381449.php">told</a> the Houston Chronicle.
Cardiothoracic surgeon Dr Kenneth Liao led the operation, which avoided the traditional method of cutting through the breastbone.
See also:&nbsp;<a href="https://www.benzinga.com/tech/25/04/44969594/jeff-bezos-final-ceo-letter-isnt-just-about-amazon-it-was-a-clarion-call-for-resisting-normality-the-world-wants-you-to-be-typicaldont-let-it-ha" target="_blank" rel="noreferrer noopener">Jeff Bezos' Final CEO Letter Isn't Just About Amazon — It Is A Clarion Call For Resisting Normality: ‘The World Wants You To Be Typical…Don't Let It Happen'</a>
Instead, the team used a surgical robot to make a five-inch incision above the patient's belly button and completed the transplant through the abdomen, reducing recovery time and risk of complications.
"If we can stay away from the breastbone, that's a huge advantage," said Dr Liao, the report added.
Rosales Ibarra, who spent months hospitalized before the transplant, was discharged in April and is now recovering well at home.
Why It's Important: While <a href="https://www.benzinga.com/partner/biotech/24/05/38961684/technology-is-enabling-remote-work-in-more-and-more-fields-could-surgery-be-next-surgical-robot-m">robotic tools</a> have been used in cardiac surgery before, this is the first time a full heart transplant was completed robotically in the country, said the company in a press release.
Earlier this year, Elon Musk predicted that <a href="https://www.benzinga.com/25/04/45031447/elon-musk-says-the-best-human-surgeons-have-just-five-years-before-robots-overtake-them-reveals-instance-when-neuralink-had-to-use-a-robot-for-task-impossible-for-a-human">robots will surpass</a> average human surgeons within a few years and the best ones within five. Citing Neuralink's experience, he noted that inserting brain-computer interface electrodes requires robotic precision beyond human capability.
Neuralink's R1 robot, now used in human trials, inserts 64 ultra-thin threads into the brain in 15 minutes with micron-level accuracy.
Previously, Bill Gates has also shared his belief that robots with highly skilled "hands" will soon <a href="https://www.benzinga.com/tech/25/04/44857520/bill-gates-says-his-kids-and-grandkids-will-live-in-a-very-changed-world-as-ai-puts-an-end-to-shortage-of-teachers-and-doctors">become a common presence</a> in hospitals. He expressed confidence that his children and grandchildren will grow up in a dramatically transformed world.
Photo Courtesy: Dmitry Markov152 on Shutterstock.com
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Health Care

Media

Houston Hospital Makes History With Nation's First Fully Robotic Heart Transplant On Patient Who Said 'Do What You've Got To Do To Save Me'

Paolo Ardoino, CEO of stablecoin issuer Tether&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>), said Thursday that the company has no plans to go public, despite Circle Internet Financial&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) success on Wall Street.
What Happened: During an interview with entrepreneur and investor Anthony Pompliano, Ardoino cited the company&#8217;s profitability and conservative management as key reasons behind the decision.
&#8220;We are not interested to go public, especially given the fact that the company is very profitable, and this year we think we could beat last year profits, then you know why going public,&#8221; Ardoino said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The CEO of Tether believes the business is worth $2 Trillion. $2,000,000,000,000 That number may sound crazy, but Tether is the most profitable company per employee in human history. I sat down with CEO <a href="https://twitter.com/paoloardoino?ref_src=twsrc%5Etfw">@paoloardoino</a> to discuss regulation, emerging markets, the Circle IPO,… <a href="https://t.co/XxGdBbAdU7">pic.twitter.com/XxGdBbAdU7</a>
&mdash; Anthony Pompliano &#x1f32a; (@APompliano) <a href="https://twitter.com/APompliano/status/1935839987506786544?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
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The CEO added that they are not seeking &#8220;cheap capital,&#8221; which he believed is a primary reason why companies want to go public.
&#8220;We are very conservative in the way we manage the company. We don&#8217;t have dozens of employees,&#8221; Ardoino went on to say. &#8220;We have lean operations. We are reinvesting most of what we earn in safe assets like gold and bitcoin. So we don&#8217;t need access to capital.&#8221;
&#8220;We don&#8217;t want to live quarter by quarter trying to please a couple of analysts from JP Morgan,&#8221; he added.
Ardoino also acknowledged the blockbuster listing of Circle, the company that issues the world&#8217;s second-largest stablecoin USD Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>). He believed Tether would be worth $2 trillion with the same multiplier that Circle has.
See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/06/45995223/genius-stablecoin-bill-clears-senate-but-trumps-crypto-profits-loom-over-momentum" target="_blank" rel="noreferrer noopener">GENIUS Stablecoin Bill Clears Senate But Trump's Crypto Profits Loom Over Momentum</a>
Why It Matters: Ardoino&#8217;s remarks come as the stablecoin industry is experiencing significant momentum, with the Senate recently passing a legislation that establishes the America&#8217;s first <a href="https://www.benzinga.com/markets/cryptocurrency/25/06/45972264/senate-advances-stablecoin-bill-a-defining-moment-for-crypto-market-regulation">regulatory framework for dollar-pegged cryptocurrency.</a>
The sector also s<a href="https://www.benzinga.com/trading-ideas/movers/25/06/45999427/circle-internet-group-crcl-stock-soars-on-landmark-stablecoin-legislation">aw the bumper debut of Circle on Wall Street</a>, and the stock has exploded 543% from its IPO price
Notably, Tether<a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42956569/tether-to-relocate-headquarters-to-el-salvador"> relocated its operations</a> to El Salvador earlier this year, a move prompted by the country&#8217;s crypto-friendly policies and adoption of digital assets. The firm reported annual profits of over <a href="https://tether.io/news/tether-hits-13-billion-profits-for-2024-and-all-time-highs-in-u-s-treasury-holdings-usdt-circulation-and-reserve-buffer-in-q4-2024-attestation/#:~:text=Building%20on%20the%20extraordinary%20performance,net%20profits%20exceeding%20%2413%20billion.">$13 billion</a> in 2024.
Price Action:&nbsp; Shares of Circle closed 33.8% higher at $199.59 during Wednesday&#8217;s regular trading session, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
CRCL exhibited a low value score—a percentile-ranked composite metric that evaluates a stock's relative worth by comparing its market price to fundamental measures— as of this writing. Check out&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a>&nbsp;to filter out the best performers on this metric.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="438" height="191" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20010632/image-299.png" alt="" class="wp-image-955435" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20010632/image-299.png 438w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20010632/image-299-300x131.png 300w" sizes="(max-width: 438px) 100vw, 438px" /></a></figure>
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Photo Courtesy: DIAMOND VISUALS on Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Fintech news covering the emerging Financial Technology services sector

Fintech

$USDC

$USDT

CRCL

USDT

Circle's Blockbuster Success Aside, Tether CEO Doesn't Want To Go Public: 'Not Trying To Please' Couple Of JPMorgan Analysts

Billionaire entrepreneur and Cost Plus Drugs founder Mark Cuban believes that these two changes could dramatically improve the U.S. healthcare system.
What Happened: On Thursday, Cuban responded to a question about what two changes he would make to fix the U.S. healthcare system, if he had full power for one day as president.
Instead of just giving two, he outlined several bold policy ideas targeting one major issue: prescription drug pricing and healthcare payment systems.
He proposed separating formularies from pharmacy benefit managers (PBMs) and any companies they own. "They removed their leverage," Cuban said, implying that PBMs have too much control over pricing and access.
See Also:&nbsp;<a href="https://in.benzinga.com/personal-finance/25/02/43423692/mark-cuban-predicts-the-worlds-first-trillionaire-wont-be-elon-musk-itll-be-whoever-can-master-ai-in-ways-we-never-thought-of" target="_blank" rel="noreferrer noopener">Mark Cuban Predicts The World's First Trillionaire Won't Be Elon Musk – It'll Be Whoever Can Master Ai ‘In Ways We Never Thought Of'</a>
The billionaire also suggested a rule that would force Medicare Advantage and Part D plans to buy from any provider offering a lower price than what patients currently pay out of pocket.
Beyond those two ideas, Cuban added more potential reforms: requiring providers to honor publicly listed cash prices, banning specialty drug pricing tiers and making provider CEOs personally liable in cases of billing fraud.
&#8220;Put together a financing plan for all healthcare out-of-pocket costs, held by the provider, guaranteed by the Feds. And personally guaranteed against fraud by provider CEOs (to end provider fraud),&#8221; he said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">2/Remove specialty tiers. There is nothing special about the drugs Require all claims be anonymously shared with manufacturers so they can focus on adherence and eliminate claim double dipping Eliminate CoPay maximizes/minimizers Eliminate Generic Compliance ratios.…
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1935842629939527989?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
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Why It's Important: Cuban&#8217;s Cost Plus Drug Company, <a href="https://www.benzinga.com/personal-finance/25/02/43435413/mark-cubans-cost-plus-marketplace-now-sells-over-6000-medicines-saving-customers-between-40-60-by-cutting-out-the-middle-man">launched in 2022</a>, has quickly grown by offering transparent pricing and cutting out middlemen to lower prescription drug costs.
Its Cost Plus Marketplace, introduced in February 2024, started with over 4,000 medicines—mainly those in short supply—and has since expanded to over 6,000, supporting healthcare providers nationwide.
Earlier, Elon Musk criticized the <a href="https://www.benzinga.com/personal-finance/25/03/44178175/elon-musk-wants-to-know-why-healthcare-costs-so-much-mark-cuban-gives-him-7-brutal-reasons-why-ceos-like-him-are-making-it-worse">high cost of U.S. healthcare</a>, questioning the lack of value for the money spent. In response, Cuban responded by blaming not just the government but also CEOs of self-insured companies for signing contracts with PBMs that drive up drug prices.
Photo Courtesy: Kathy Hutchins on Shutterstock.com
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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Mark Cuban Says Were He To Become President For A Day, He Would Make These Two Simple Moves To Overhaul US Healthcare

Social media platform X, formerly known as Twitter, is planning to roll out features that allow users to trade and invest directly from the app, according to CEO Linda Yaccarino.
What Happened: On Thursday, in an <a href="https://www.ft.com/content/3615dfe2-f739-44f7-9823-a8acce6c0380">interview</a> with the Financial Times, Yaccarino unveiled the company&#8217;s roadmap, which includes everything from peer-to-peer payments and tipping to buying and trading stocks, and even X-branded credit and debit cards by the end of this year.
&#8220;You'll be able to come to X and be able to transact your whole financial life on the platform,&#8221; Yaccarino said at the Cannes Lions advertising festival this week.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/46019223/elon-musks-x-faces-scrutiny-by-european-watchdogs-after-33-billion-acquisition-by-xai-platform-could-face-fine-ban-in-the-eu">Elon Musk&#8217;s X Faces Scrutiny By European Watchdogs After $33 Billion Acquisition By xAI — Platform Could Face Fine, Ban In The EU</a>
Yaccarino believes that given the platform&#8217;s massive user base, &#8220;a whole commerce ecosystem and a financial ecosystem is going to emerge,&#8221; which does not exist today.
This comes at a rather precarious time for the company, which has bled advertising dollars and clashed with marketers over content safety in recent months. 
When asked about the company threatening brands with lawsuits for not advertising on X, Yaccarino dismissed it as &#8220;hearsay,&#8221; adding that it was all from &#8220;unnamed sources, and random third-party commenters.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">BREAKING: X will soon launch investing and trading directly within the app, per FT. "You'll be able to come to X and be able to transact your whole financial life on the platform," X CEO <a href="https://twitter.com/lindayaX?ref_src=twsrc%5Etfw">@lindayaX</a> says. X is the future of finance. <a href="https://t.co/oRE3WvmR0C">pic.twitter.com/oRE3WvmR0C</a>
&mdash; The Kobeissi Letter (@KobeissiLetter) <a href="https://twitter.com/KobeissiLetter/status/1935678354281349179?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
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Why It Matters: This expansion of X into financial services is expected to intensify pressure on incumbents such as Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), SoFi Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), and Block Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>) Cash App.
Payments strategist Dwayne Gefferie sees a familiar pattern playing out. Just like &#8220;the auto industry waited on Tesla and aerospace waited on SpaceX,&#8221; he says, today's payment giants are standing still while Musk takes the lead with X Money.
&#8220;They'll wait to see if X Money succeeds, and when it does work, they'll scramble to react,&#8221; he says, adding that the real question is &#8220;why no one else in payments is taking this kind of risk.&#8221;
Early this month, xAI, which owns X, <a href="https://www.benzinga.com/news/social-media/25/06/45738963/elon-musks-xai-targets-113-billion-valuation-with-300-million-share-sale-report">targeted a valuation</a> of $113 billion while pursuing a $300 million share sale. In March, the transaction involving xAI&#8217;s acquisition of X, pegged the social media platform&#8217;s valuation at $33 billion, falling short of the $44 billion that Musk paid for it in 2022.
Price Action: Robinhood shares were up 4.54% on Thursday, trading at $78.35, and are up 0.28% after hours.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="146" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20005128/Screenshot-2025-06-20-at-10.21.15-AM-1024x146.png" alt="" class="wp-image-955421" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20005128/Screenshot-2025-06-20-at-10.21.15-AM-1024x146.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20005128/Screenshot-2025-06-20-at-10.21.15-AM-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20005128/Screenshot-2025-06-20-at-10.21.15-AM-768x110.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20005128/Screenshot-2025-06-20-at-10.21.15-AM.png 1526w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Shares of Robinhood Markets show strong Growth and Momentum, while having a favorable price trend in the short, medium, and long term. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights on the stock, and how it compares with competitors such as Sofi. 
Photo Courtesy: Mamun_Sheikh on Shutterstock.com
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</ul>

Financing

HOOD

SOFI

Elon Musk's X Plans To Launch In-App Stock Trading To Challenge Robinhood, SoFi — CEO Says You'll 'Whole Financial Life' Could Be On The Platform

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk says that the EV giant is working closely with the billionaire's AI venture xAI, which works on the AI model Grok.
What Happened: "Tesla works closely with xAI," Musk said at an interview with Y Combinator on Thursday. The billionaire also highlighted the increasing number of humanoid robot startups currently working on robotics.
"Part of what I have been fighting and what has slowed me down a little bit is that I don't want to make Terminator real," Musk said before adding that he had been dragging his feet on AI. However, he also outlined that Robotics is continuing to grow today.
"I sort of came to the realization that it&#8217;s happening whether I do it or not. So you can either be a spectator or a participant. I&#8217;d rather be a participant," he said. Musk also shared that it's "pedal to the metal" for him and his companies on AI and humanoid robotics.
Why It Matters: The comments from Musk come in as xAI faces scrutiny over its <a href="https://www.benzinga.com/markets/tech/25/06/46019223/elon-musks-x-faces-scrutiny-by-european-watchdogs-after-33-billion-acquisition-by-xai-platform-could-face-fine-ban-in-the-eu">$33 billion acquisition</a> of social media platform X, formerly Twitter, from authorities in the EU. The platform could also be banned in the region.
Musk has been a vocal advocate for humanoid robots, stating that the technology will <a href="https://www.benzinga.com/news/topics/25/05/45710538/elon-musk-says-humanoid-robots-will-start-impacting-countries-gdps-in-4-to-5-years-robot-cars-even-sooner-in-just-1-to-2-years" target="_blank" rel="noopener">impact countries' GDPs</a> within the next 4 to 5 years.
Elsewhere, Tesla is gearing up to launch its highly anticipated Robotaxi in <a href="https://www.benzinga.com/markets/tech/25/06/45854273/elon-musks-tesla-officially-named-av-operator-in-austin-ahead-of-robotaxi-launch">Austin on June 22</a>. However, some Texas lawmakers have urged Musk&#8217;s company to <a href="https://www.benzinga.com/markets/tech/25/06/46010756/texas-lawmakers-urge-elon-musks-tesla-to-delay-june-22-robotaxi-launch-till-september-report">delay the launch</a>, citing changes to regulations that will take effect from September 2025.
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Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Photo courtesy: JRdes / Shutterstock.com

Elon Musk Says Tesla Works Closely With xAI: 'You Can Either Be A Spectator…'

Goldman Sachs says President Donald Trump's "Big, Beautiful" spending-and-tariff plan would do little to slow a debt load already racing toward levels last seen at the end of World War II, warning that interest costs alone will top $1 trillion next year.
In a note to clients, Goldman Sachs economists Manuel Abecasis, David Mericle, and Alec Phillips stated that the bill slightly reduces the primary deficit but leaves overall borrowing "on much steeper trajectories," <a href="https://fortune.com/2025/06/19/goldman-sachs-says-trumps-spending-plan-wont-stop-the-national-debt-from-hitting-unsustainable-highs-not-seen-since-world-war-ii/">reported</a> Fortune.
"The debt-to-GDP ratio is approaching the post-WWII high, and much higher real interest rates have put debt and interest expense … on much steeper trajectories than appeared likely last cycle," they wrote. Public debt already equals <a href="https://www.benzinga.com/personal-finance/25/02/43759664/trump-investigates-u-s-debt-for-fraud-suggests-treasury-payments-might-not-count">roughly 120% of GDP</a>, according to the U.S. Treasury.
The Committee for a Responsible Federal Budget projects Washington will spend more servicing debt in 2026 than on Medicare or the Pentagon — $1 trillion a year, second only to Social Security. Goldman says that pace could force a historic austerity drive if Congress waits too long to cut spending or raise taxes.
See also: <a href="https://www.benzinga.com/news/politics/25/06/46019079/trump-once-said-he-made-juneteenth-very-famous-but-now-hes-unhappy-about-too-many-non-working-holidays-says-its-costing-america-billions">Trump Once Said He Made Juneteenth &#8216;Very Famous&#8217; But Now He&#8217;s Unhappy About &#8216;Too Many&#8217; Non-Working Holidays, Says Its Costing America Billions</a>
Why It Matters: Elevated Treasury yields, <a href="https://www.benzinga.com/markets/treasuries/25/06/45798569/think-5-yields-will-crush-stock-market-goldman-sachs-says-think-again">held near 4.4%</a> as investors brace for higher-for-longer Fed policy, compound the burden.
The Congressional Budget Office estimates the House-passed bill, which extends most 2017 tax cuts, <a href="https://www.benzinga.com/government/24/06/39400726/us-budget-crunch-cbo-warns-federal-interest-costs-now-higher-than-defense-spending-deficits-to-remai">would widen deficits</a> to $2.9 trillion over 10 years. Treasury Secretary Scott Bessent calls it a &#8220;<a href="https://www.benzinga.com/25/03/44396136/treasury-secretary-scott-bessent-calls-himself-a-deficit-hawk-but-has-to-coax-gop-against-aggressive-cuts-says-he-is-completely-aligned-with-elon-musk-on-doge">spending problem</a>&#8221; and not a &#8220;revenue problem,&#8221; but Goldman's team counters that stabilizing debt "would require running persistent fiscal surpluses of a size seldom sustained historically.&#8221;
Failure to act, they added, risks leaving future lawmakers only unpalatable choices. These include painful spending cuts, sweeping tax hikes, or printing money — an approach that once led Germany's Weimar Republic to ruinous hyperinflation after the first World War.
Photo Courtesy: patpitchaya on Shutterstock.com
Read next: <a href="https://www.benzinga.com/markets/tech/25/06/46019223/elon-musks-x-faces-scrutiny-by-european-watchdogs-after-33-billion-acquisition-by-xai-platform-could-face-fine-ban-in-the-eu">Elon Musk&#8217;s X Faces Scrutiny By European Watchdogs After $33 Billion Acquisition By xAI — Platform Could Face Fine, Ban In The EU</a>

Trump's 'Big Beautiful' Bill Trims Deficit Slightly But Keeps Borrowing On 'Much Steeper' World War II-Era Trajectory, Says Goldman Sachs

President Donald Trump-linked company DT Marks DeFi LLC has reduced&nbsp;its stake in World Liberty&nbsp;Financial, a cryptocurrency project backed by the U.S. first family.
What Happened: According to World Liberty&#8217;s <a href="https://worldlibertyfinancial.com/about">website</a>, DT Marks DeFi holds a 40% equity interest&nbsp;in the holding firm behind&nbsp;World Liberty Financial, marking&nbsp;a 20-point reduction <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45160707/eric-trump-says-world-libertys-stablecoin-will-be-used-to-close-a-2-billion-deal-dollar-token-to-also-get-integrated-with-justin-suns-tron-blockchain">from the&nbsp;60% stake</a> it held previously. 
Forbes <a href="https://www.forbes.com/sites/danalexander/2025/06/19/trump-company-reduces-its-stake-in-crypto-venture/">reported </a>that the stake reduction was carried out quietly. It said that DT Marks Defi&nbsp;held a 75% interest in&nbsp;World Liberty Financial at the end of December, citing a financial disclosure.
The company also holds World Liberty Financial&#8217;s governance token WLFI and is &#8220;entitled&#8221; to receive 75% of the proceeds generated through the sale of the token.
See Also:&nbsp;<a href="https://benzinga.com/pressreleases/25/06/g46014503/za-miner-launches-zero-cost-cloud-mining-platform-with-daily-crypto-rewards-and-referral-bonuses" target="_blank" rel="noreferrer noopener">ZA Miner Launches Zero-Cost Cloud Mining Platform With Daily Crypto Rewards and Referral Bonuses</a>
World Liberty Financial didn&#8217;t immediately return Benzinga&#8217;s request for comment.
Why It Matters: World Liberty Financial was launched last year and has been a significant source of income for the Trump family. According to the president's latest financial disclosure, it earned him $57.4 million last year,&nbsp;<a href="https://www.benzinga.com/news/politics/25/06/45939551/trump-made-57-4-million-from-family-crypto-firm-plus-big-bucks-from-branded-guitars-sneakers-and-watches" target="_blank" rel="noreferrer noopener">positioning it as one of his primary sources of income</a>.
Donald Trump Jr. said that his father <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45966444/donald-trump-jr-says-his-father-doesnt-touch-the-family-backed-crypto-company-despite-disclosure-of-57-million-income">doesn&#8217;t get involved</a> with the venture and it&#8217;s &#8220;all walled off.&#8221;
World Liberty Financial has <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41395007/trump-affiliated-entity-will-get-75-of-world-liberty-financials-revenue-and-22-of-wlfi-tok">focused on promoting</a> dollar-backed stablecoins and decentralized finance applications. The project is inspired by Trump, although the disclaimer states that none of its offerings are political or related to any political campaign.
Trump&#8217;s&nbsp;three sons, Donald Jr., Eric,&nbsp;and&nbsp;Barron, are listed as the co-founders. Earlier this year, it launched a&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45160707/eric-trump-says-world-libertys-stablecoin-will-be-used-to-close-a-2-billion-deal-dollar-token-to-also-get-integrated-with-justin-suns-tron-blockchain" target="_blank" rel="noreferrer noopener">dollar-pegged stablecoin</a>,&nbsp;World Liberty Financial&nbsp;USD (USD1), on Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) and BNB Chain (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>).
Read Next:&nbsp;
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<li><a href="https://benzinga.com/crypto/cryptocurrency/25/06/45966444/donald-trump-jr-says-his-father-doesnt-touch-the-family-backed-crypto-company-despite-discl" target="_blank" rel="noreferrer noopener">Donald Trump Jr. Says His Father &#8216;Doesn&#8217;t Touch&#8217; The Family-Backed Crypto Company Despite Disclosure Of $57 Million Income</a></li>
</ul>
Photo Courtesy: Kirill Aleksandrovich on Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Politics

$BNB

$ETH

Trump-Connected Company Pulls Back From Family Crypto Business

While Bitcoin offered little for volatility-loving traders on Thursday, its cheaper offshoots kept the market interested.
What happened: Bitcoin Cash rallied over 7% to become the market's third-biggest gainer over the last 24 hours. Trading volume for the cryptocurrency soared 77% to $733 million, indicating high liquidity and trader interest.
The latest spike extended BCH's weekly gains to 23%
Additionally, Bitcoin SV popped 4.40% in the 24-hour period, taking its weekly returns to 8.32%.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>24-Hour Gains +/-</td>
<td>7-Day Gains +/-</td>
<td>Price (Recorded at 11:00 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin Cash (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bch/usd">BCH</a>)</td>
<td>+7.62%</td>
<td>23.48%</td>
<td>$494.85</td>
</tr>
<tr>
<td>Bitcoin SV (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BSV</a>)</td>
<td>+4.40%</td>
<td>8.32%</td>
<td>$31.91</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-0.21%</td>
<td>+0.89</td>
<td>$104,622.27</td>
</tr>
</tbody>
</table>
</figure>
In contrast, Bitcoin remained range-bound, as geopolitical tensions in the Middle East <a href="https://www.benzinga.com/crypto/25/06/46018884/bitcoin-ethereum-dogecoin-rangebound-as-white-house-says-decision-on-iran-israel-conflict-in-two-weeks-analyst-says-this-is-the-right-combination-for-bullish-btc-momentum-to-retur">appeared to be a drag</a>. The apex cryptocurrency gained only 0.89% in the last week.
Why It Matters: It's worth mentioning that Bitcoin SV was created from the hard fork of the Bitcoin Cash blockchain in 2018, which had split from the original Bitcoin network a year ago due to community disagreements over Bitcoin scaling.
Bitcoin traded at around $104,600 as of this writing. The high price could make holding one full Bitcoin a bit challenging, especially for retail investors, although they can always obtain exposure by making fractional purchases.
However, BCH and BSV were priced significantly lower, potentially making them &#8220;cheaper plays&#8221; of Bitcoin.
Photo Courtesy: PeopleImages.com &#8211; Yuri A On Shutterstock.com
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</ul>

Movers

$BCH

$BSV

$BTC

These Cheap Bitcoin Plays Are Spiking As BTC Struggles Amid Rising Geopolitical Heat

European regulators are examining structural changes at Elon Musk's social media platform X <a href="https://www.benzinga.com/tech/25/03/44549314/elon-musk-acquires-his-own-social-media-platform-x-through-xai-in-33-billion-deal-says-combined-entity-now-worth-80-billion">following its acquisition</a> by xAI.
What Happened: On Thursday, the EU announced that it was closely monitoring changes in the corporate structure of X, formerly Twitter, following a $33 billion acquisition by Grok-parent xAI, reported Reuters.
"We are following closely changes in the corporate structure of X, as we would changes in any other designated platform," said a spokesperson for the European Commission.
Although the EU did not confirm whether a fine is imminent, earlier it was reported that regulators are <a href="https://www.benzinga.com/25/04/44661399/eu-reportedly-set-to-fine-elon-musks-x-over-1-billion-for-violating-new-digital-act-x-labels-it-an-unprecedented-act-of-political-censorship">weighing enforcement actions</a> under the Digital Services Act (DSA).
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: Earlier this month, <a href="https://www.benzinga.com/markets/tech/25/06/45827116/elon-musks-social-media-platform-x-scrambles-to-highlight-blue-check-disclaimer-amid-eu-fine-threat-report">X added a disclaimer to its blue checkmark</a> system, a move widely seen as an attempt to preempt further penalties after the EU's preliminary finding in July 2024 accused the platform of deceptive design.
Previously, a commission spokesperson said that their investigation related to the blue checkmark was ongoing.
If found in violation, X could face fines of up to 6% of global revenue or, in extreme cases, a ban from operating in the EU.
Since buying Twitter for $44 billion in 2022, Musk has introduced major changes, particularly around monetization. These include launching the <a href="https://www.benzinga.com/news/23/04/31948236/heres-how-many-months-elon-musk-could-pay-for-every-twitter-peasant-to-have-a-blue-checkmark">Twitter Blue subscription</a>, which offers features like blue checkmarks.
Musk also removed legacy blue checkmarks, requiring users to pay for verification. &#8220;Twitter's current lords &amp; peasants system for who has or doesn't have a blue checkmark is bu&#x2A;&#x2A;sh&#x2A;t. Power to the people! Blue for $8/month,&#8221; he said in 2022.
Photo Courtesy: JRdes on Shuttertsock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Elon Musk's X Faces Scrutiny By European Watchdogs After $33 Billion Acquisition By xAI — Platform Could Face Fine, Ban In The EU

Alexandr Wang, the 28-year-old Scale AI founder now heading to Meta Platforms&#8217; (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) new "super-intelligence" lab says artificial-intelligence models already possess insights that science cannot match and that makes it &#8220;a strange time to be a scientist, but an exciting time for science.&#8221;
What Happened: Wang told a Y Combinator audience the advantage is clearest in biology, where &#8220;there's probably intuitions that the models have about biology that humans don't even have because they have this different form of intelligence.&#8221;
He narrated a story that predicted AI systems will soon run "all the frontiers of R&amp;D," leaving human researchers to "look at the discoveries the AIs make and try to understand them."
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title="Alexandr Wang: Building Scale AI, Transforming Work With Agents &amp; Competing With China" width="500" height="281" src="https://www.youtube.com/embed/5noIKN8t69U?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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The comments arrive days after Meta <a href="https://www.benzinga.com/markets/tech/25/06/45919069/meta-invests-in-scale-ai-at-29-billion-valuation-taps-ceo-alexandr-wang-to-drive-internal-ai-push-as-part-of-deepening-partnership">paid about $14 billion</a> for a 49% stake in Scale and hired Wang to accelerate Mark Zuckerberg's push for artificial general intelligence. 
Meta's move follows a wider trend. Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google unveiled a Gemini-powered "AI co-scientist" in February aimed at speeding biomedical breakthroughs. Academic work already shows AI models outperforming humans on protein-folding and genetic-sequence tasks, raising hopes for faster drug discovery.
"Areas like biology will fuel breakthroughs in medicine and healthcare," Wang said, adding that the rest of the economy will "chug along giving humans what they want."
See also: <a href="https://www.benzinga.com/markets/tech/25/06/45965406/metas-superintelligence-lab-hire-alexandr-wang-says-hell-wait-for-elon-musks-neuralink-before-having-kids-heres-why">Meta&#8217;s &#8216;Superintelligence&#8217; Lab Hire Alexandr Wang Says He&#8217;ll Wait for Elon Musk&#8217;s Neuralink Before Having Kids — Here&#8217;s Why</a>
Why It Matters: Venture investors share that view. CB Insights counts 370 AI-biology startups worth a combined $60 billion, up 28% from 2023.
Meanwhile, Wang's arrival at Meta hihglights the company's escalating talent hunt. Reuters reported Meta recently <a href="https://www.benzinga.com/markets/tech/25/06/45988600/mark-zuckerbergs-meta-dangled-100-million-signing-bonuses-to-openai-team-members-says-sam-altman-happy-none-of-our-best-people-took-them">dangled $100 million</a> signing bonuses to lure OpenAI staff. Y Combinator president Garry Tan called Wang "an inspiration to the next generation of founders" in a post on X.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Alexandr Wang has come a long way, from presenting Scale at Demo Day to being an inspiration to the next generation of founders everywhere At YC, we salute you <a href="https://twitter.com/alexandr_wang?ref_src=twsrc%5Etfw">@alexandr_wang</a> and can't wait to see what's next from Meta with your leadership <a href="https://t.co/mTvcIjZmA0">https://t.co/mTvcIjZmA0</a> <a href="https://t.co/2YHhbJdpsG">pic.twitter.com/2YHhbJdpsG</a>
&mdash; Garry Tan (@garrytan) <a href="https://twitter.com/garrytan/status/1935338335289200647?ref_src=twsrc%5Etfw">June 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Even though critics warn dual-use risks rise as models master bio-engineering, prompting calls for guardrails even inside Meta's lab, Wang argues embracing the shift is essential.
Photo Courtesy: Gorodenkoff on Shutterstock.com
Read next: <a href="https://www.benzinga.com/personal-finance/management/25/06/46014776/he-makes-150k-she-makes-63k-so-why-did-they-use-a-heloc-to-pay-off-his-45k-debt-suze-orman-weighs-in">He Makes $150K, She Makes $63K — So Why Did They Use A HELOC To Pay Off His $45K Debt? Suze Orman Weighs In</a>

GOOG

GOOGL

Why Meta's 'Superintelligence' Project Lead Alexandr Wang Says It Is A Strange Time To Be A Scientist

On Thursday, Canadian Prime Minister Mark Carney announced sweeping new plans aimed at protecting Canadian metal producers. 
What Happened: These plans include counter-tariffs on American steel and aluminum if no trade agreement is reached between the two nations before July 21.
&#8220;We will take the time we need to negotiate the best deal for Canada, but no longer,&#8221; Carney said, according to a news release by the Canadian Department of Finance. &#8220;In parallel, we are ensuring that workers and industries are protected from the unjust U.S. tariffs.&#8221;
See Also: <a href="https://www.benzinga.com/news/politics/25/06/46019079/trump-once-said-he-made-juneteenth-very-famous-but-now-hes-unhappy-about-too-many-non-working-holidays-says-its-costing-america-billions">Trump Once Said He Made Juneteenth &#8216;Very Famous&#8217; But Now He&#8217;s Unhappy About &#8216;Too Many&#8217; Non-Working Holidays, Says Its Costing America Billions</a>
The measures unveiled by Canada&#8217;s Finance Minister, François-Philippe Champagne, include a tariff rate quota system capping 2025 steel imports from non-FTA countries at 2024 levels. This is essentially a cap on how much steel Canada will allow from countries with whom it does not have a free-trade agreement. 
The government is also imposing reciprocal procurement policies beginning June 30, which effectively shut out U.S.-based suppliers from federal contracts unless reciprocal access is granted for Canadian companies in U.S. federal contracts.
&#8220;Canadian workers and industries can count on us,&#8221; Champagne said. &#8220;We are taking strong, targeted action to respond to the unjust American tariffs.&#8221;
Other moves include restrictions on U.S. access to Canadian government contracts starting June 30, as well as stricter rules around where foreign steel and aluminum were originally produced. The government will also expand oversight through new industry task forces and maintain a $10 billion loan facility to support companies affected by the tariffs.
The government further plans measures to address the risks of overcapacity and unfair trade practices in the steel and aluminum industries, which it says have been exacerbated by U.S. actions.
These measures come weeks after President Donald Trump&#8217;s decision earlier this month to <a href="https://www.benzinga.com/news/topics/25/05/45708977/trump-doubles-steel-tariffs-to-50-saying-it-will-secure-american-jobs-backs-us-steels-takeover-by-japans-nippon">double the tariffs</a> on U.S. steel imports to 50%. 
Why It Matters: This comes amid growing warnings from experts that the tariffs on steel and aluminum <a href="https://www.benzinga.com/markets/commodities/25/06/45766967/us-aluminum-tariffs-risk-supply-chain-and-food-security-industry-insiders-warn">will suppress demand</a> across the continent. 
According to Jean Simard, President of the Aluminum Association of Canada (AAC), &#8220;It [the tariffs] will impact workers on both sides of the border and disrupt key sectors including defense, construction, and automotive.&#8221;
Analysts have been quick to point out the impact the tariffs are set to have <a href="https://www.benzinga.com/markets/equities/25/06/45841311/trumps-steel-tariffs-hits-straight-on-fords-core-analyst-sees-higher-input-costs-and-eroding-pricing-power-for-tesla-rival">on American automakers</a>, especially Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), which Alex Tsepaev, the chief strategy officer at B2PRIME Group, blames on the company&#8217;s U.S.-centric manufacturing.
&#8220;A 50% tariff could inflate COGS significantly just as pricing power erodes in both EV and ICE segments,&#8221; Tsepaev told Benzinga. 
Photo Courtesy: Lightspring on Shutterstock.com
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<li><a href="https://www.benzinga.com/markets/equities/25/06/46017534/as-trump-says-get-it-to-my-desk-for-genius-stablecoin-bill-analysts-warn-of-disruption-to-payment-giants-visa-and-mastercard">As Trump Says &#8216;Get It to My Desk&#8217; For &#8216;GENIUS&#8217; Stablecoin Bill, Analysts Warn Of Disruption To Payment Giants Visa And Mastercard</a></li>
</ul>

Canada Threatens Higher Tariffs On US Steel, Aluminum If No Deal Is Reached By July 21, Mark Carney Says He's Ensuring Protection Against 'Unjust' US Levies

President Donald Trump criticized the growing number of federal holidays and their economic cost in a post on Truth Social. Notably, his comments came on the Juneteenth holiday. What Happened: Trump took to his platform to air his frustrations about federal holidays. The president, however, did not post any message commemorating the holiday associated with the emancipation of enslaved African Americans.
&#8220;Too many non-working holidays in America,&#8221; he posted, adding, &#8220;It is costing our Country $BILLIONS OF DOLLARS to keep all of these businesses closed. The workers don't want it either!&#8221;
&#8220;It must change if we are going to, MAKE AMERICA GREAT AGAIN,&#8221; he concluded.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/46018778/kevin-oleary-once-said-that-business-school-graduates-know-nothing-until-the-real-world-smacks-them-something-he-learned-the-hard-way-now-he-can-spot-a-winner-in-15-minutes-flat">Kevin O&#8217;Leary Once Said That Business School Graduates Know Nothing Until The Real World Smacks Them, Something He Learned The Hard Way— Now He Can Spot A Winner In 15 Minutes Flat</a>
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/19220150/Screenshot-2025-06-20-at-7.31.45%E2%80%AFAM-1024x462.png" alt="" class="wp-image-955353" /><figcaption class="wp-element-caption">Source: Truth Social</figcaption></figure>
White House press secretary Karoline Leavitt also said, "I'm not tracking his [Trump] signature on a proclamation today." She thanked reporters for working despite the holiday, adding, "We are certainly here. We are working 24/7 right now."
Why It's Important: Trump's silence on Juneteenth and criticism of federal holidays mark a stark departure from his first term.
In 2020, Trump claimed responsibility for raising national awareness of Juneteenth and even included the idea of making it a federal holiday in his campaign messaging.
"I did something good: I made Juneteenth very famous," he <a href="https://www.wsj.com/articles/trump-talks-juneteenth-john-bolton-economy-in-wsj-interview-11592493771">told</a> the Wall Street Journal, after facing backlash for planning a campaign rally on June 19 of that year. "It's actually an important event, an important time. But nobody had ever heard of it." Photo courtesy: Maxim Elramsisy / Shutterstock.com
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<li><a href="https://www.benzinga.com/markets/equities/25/03/44219627/mark-cuban-dismisses-commerce-secretary-howard-lutnicks-trade-war-optimism-someone-needs-to-explain-how-capitalism-works" target="_blank" rel="noreferrer noopener">Mark Cuban Dismisses Commerce Secretary Howard Lutnick&#8217;s Trade War Optimism: ‘Someone Needs To Explain…How Capitalism Works&#8217;</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Trump Once Said He Made Juneteenth 'Very Famous' But Now He's Unhappy About 'Too Many' Non-Working Holidays, Says Its Costing America Billions

Leading cryptocurrencies moved sideways on Thursday as investors considered America&#8217;s involvement in the Israel-Iran war.
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Cryptocurrency</th>
<th>Gains +/-</th>
<th>Price (Recorded at 9:20 p.m. ET)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-0.26%</td>
<td>$104,535.66</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.04%</td>
<td>$2,520.74</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.43%</td>
<td>$0.1702</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin continued to oscillate in the $104,000-$105,000 range, with trading volumes remaining thin in the last 24 hours.
Ethereum bulls were also left disappointed, as the second-largest cryptocurrency faced resistance at $2,540.
Bitcoin's market dominance hit 64%, while Ethereum's share rose to 9.4%.
About $81 million was liquidated from the cryptocurrency market in the last 24 hours, with long liquidations accounting for $46.58 million.
Bitcoin&#8217;s Open Interest dipped 0.24% in the last 24 hours to $69.19 billion. Since the beginning of June, the Open Interest has fallen by 3.6%.
More than 50% of Binance traders with open BTC positions were positioned long as of this writing, according to the Long/Short ratio.
The market sentiment flipped from "Greed" to "Neutral," according to the Crypto Fear &amp; Greed Index.
Top Gainers (24 Hours)
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Cryptocurrency</th>
<th>Gains +/-</th>
<th>Price (Recorded at 9:20 p.m. ET)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Story (IP)</td>
<td>+9.58%</td>
<td>$3.03</td>
</tr>
<tr>
<td>OKB (OKB) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+8.92%</td>
<td>$52.69</td>
</tr>
<tr>
<td>Sei (SEI)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>+8.81%</td>
<td>$0.1962 </td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $3.25 trillion, following a modest decrease of 0.42% in the last 24 hours.
Stock market futures slid overnight on Thursday. The Dow Jones Industrial Average Futures fell 138 points, or 0.32%, as of 8:45 p.m. EDT.&nbsp; Futures tied to the S&amp;P 500 dipped 0.25%, while Nasdaq 100 Futures lost 0.21%.
Investors remained anxious about the ongoing Iran-Israel war and potential U.S. involvement, as the White House <a href="https://www.youtube.com/watch?v=yRgNQ24xHhc">told </a>reporters that President Donald Trump would "make a decision within two weeks."
The New York Stock Exchange and the Nasdaq were closed on Thursday in observance of Juneteenth National Independence Day. Trading will resume as normal on Friday.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: On-chain analytics firm Santiment highlighted that the number of Bitcoin wallets holding more than 10 BTC rose 0.15% in the last 10 days, while those with 0.001 to 10 BTC declined 0.15% in as many days.
"When large wallets accumulate as retail loses confidence, this is historically the right combination for bullish momentum to inevitably return to crypto markets," Santiment added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f4ca; Bitcoin&#39;s elite vs. mortal wallets are moving in two different directions as its market value sits just north of $104.3K. &#x1f433; Wallets with 10+ <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>: +231 Wallets in 10 Days (+0.15%) &#x1f990; Wallets with 0.001 to 10 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>: -37,465 Wallets in 10 Days (+0.15%) When large wallets… <a href="https://t.co/uhZf6rPYvq">pic.twitter.com/uhZf6rPYvq</a>
&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1935810125656191139?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Widely followed cryptocurrency analyst and trader Michaël van de Poppe said Bitcoin was back to its "normal trading game" after the FOMC meeting<a href="https://www.benzinga.com/personal-finance/management/25/06/46011739/jerome-powell-led-fed-has-left-interest-rate-unchanged-what-does-it-mean-for-savings-mortgages-credit-cards-and-your-bank-account"> offered nothing substantial</a>.
"I suppose we&#8217;ll see a test of $106,000 and breakout north in the coming days," Van De Poppe predicted.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">FOMC show is over, which was a nothing burger, means that we&#39;re back into the normal trading game for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a>. I suppose we&#39;ll see a test of $106K and breakout north in the coming days. <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoins</a> are, again, outperforming. <a href="https://t.co/xdY16BxA9Z">pic.twitter.com/xdY16BxA9Z</a>
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1935636347416461644?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Photo Courtesy: Yalcin Sonat On Shutterstock.com
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Bitcoin, Ethereum, Dogecoin Rangebound As White House Says Decision On Iran-Israel Conflict In Two Weeks: Analyst Says This Is The 'Right Combination' For Bullish BTC Momentum To Return

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