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Trump: We Will Soon Be Able to Impose Tougher Sanctions on Russia

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June 16 — U.S. President Trump announced that the U.S. will soon impose tougher sanctions on Russia and is prepared to let the Russian oil sanctions waiver expire.
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The Potential Signing Ceremony of the US-Iran Memorandum of Understanding is currently scheduled to take place this Friday in Switzerland

June 16 (Xinhua) — Switzerland has indicated that a potential signing ceremony for a memorandum of understanding between the U.S. and Iran is scheduled for June 19 (Friday) at Bürgenstock in central Switzerland.

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Bitcoin Briefly Drops Below $66,000

June 16: Per HTX market data, Bitcoin briefly dipped below $66,000 and is now trading at $66,052, down 0.65% over the past 24 hours.

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Limitless Labs has completed a $20 million Series A funding round to expand its "Physical AI" core model and precision manufacturing platform.

June 16 – Limitless Labs (formerly LimitlessCNC) announced today it has closed a $20 million Series A funding round, led by Dell Technologies Capital and Square Peg, with participation from Grove Ventures, Meron Capital, and Kinetica. The firm says it’s the world’s first intelligent agent-based physical AI platform tailored for the CAD/CAM (Computer-Aided Design and Computer-Aided Manufacturing) space in mechanical manufacturing. Integrated directly into the CAD/CAM tools engineers use daily, its AI agent system helps manufacturing businesses capture, standardize, and scale the expertise of their senior programming teams. Since emerging from stealth mode, Limitless Labs has scaled from early pilot programs to full production deployments, counting clients like Blue Origin, Cadillac F1, Sandvik, and Iscar across sectors including aerospace, defense, motorsports, and industrial machinery. The tool cuts CNC programming time by up to 50% for users. Click the original article link below t

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SpaceX's total market capitalization has surpassed Amazon's, making it the world's fifth-largest company.

On June 16, SpaceX’s total market cap surpassed Amazon’s, elevating it to become the fifth-largest company in the world. According to market data from Bitget, SpaceX’s current valuation stands at $2.733 trillion, while Amazon’s market cap is reported at $2.633 trillion.

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Source: Insider

According to sources familiar with the matter, Binance's Greece license application has been rejected, putting the exchange at risk of losing its eligibility to offer services in the European Union.

June 16 — Binance’s license application in Greece is expected to be rejected by the country’s regulatory agency, according to two sources familiar with the matter who spoke to Reuters. The outcome could cost the crypto exchange its eligibility to serve customers across the European Union, the report notes. Should the application ultimately be denied, it would pose a major hurdle for Binance’s compliance framework in the EU market. No formal decision on the bid has been announced as of yet.

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SpaceX IPO Surges, Extending Gain to 9%

On June 16, Bitget market data shows SpaceX (ticker: SPCX.O) saw its price surge 9% during initial trading.

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