Economy

Gas prices
Putin: Considering stopping gas supplies to Europe

Russia may stop supplying gas to Europe and instead focus on more promising and open markets. This is what President Vladimir Putin says on Russian state television, according to Reuters.

– But this is not a decision, in this case it is what is called thinking out loud, he says and continues:

– I will definitely instruct the government to work further on the issue together with our companies.

On Monday, European natural gas prices surged by up to 50 percent after Qatar's state-owned company announced that it would stop production.

Crypto market
Trump boosts crypto sector with post on Truth Social

Crypto companies rose after Donald Trump expressed support for a bill to regulate the crypto market and criticized US banks on the issue of interest-bearing stablecoins. This is reported by CNBC.

“They need to reach a good deal with the crypto industry because it is in the interest of the American people,” the president wrote on Truth Social on Tuesday evening.

By the close of trading on Wall Street, the price of bitcoin and ethereum had risen sharply, while crypto companies Coinbase and Strategy surged 14.6 and 10.4 percent, respectively, on Wall Street.

Musk's space ventures
Analyst: Space X could be like Tesla on steroids

Elon Musk's space company Space X is reportedly aiming for a valuation of around $1.75 trillion when it goes public later this year. That's a perfectly reasonable valuation for long-term investors, according to Pitchbook analyst Franco Granda.

- The combination of Starlink's user growth, the dominant position in launches and the expansion of direct-to-mobile networks is not found anywhere else in the public markets, he tells Bloomberg.

However, Granda warns that anyone who buys in should be prepared for some "Musk-enhanced volatility" and warns that it will be like "Tesla on steroids."