Archives June 2025

Tesla (TSLA) shares dropped over 14% Thursday, falling for a second straight day, as a public spat between CEO Elon Musk and President Donald Trump escalated.

Thursday’s drop erased more than $150 billion from Tesla’s market capitalization, and removed the company from the small group of public companies worth more than $1 trillion.

Musk left his role in the Trump administration last week. He has since attacked the Trump-backed budget reconciliation bill currently working its way through Congress, calling it a “disgusting abomination,” and urging the Senate to “kill the bill.” Trump at an event with the Chancellor of Germany on Thursday said he is “very disappointed” in Musk’s recent attacks.

Trump said that Musk “knew everything” about the bill, and claimed that the Tesla CEO only turned against the bill because of the cuts it would make to electric vehicle mandates and programs.

“Elon and I had a great relationship,” Trump said. “I don’t know if we will anymore.”

“Whatever,” Musk said in a post responding to a video of Trump’s comments. “Keep the EV/solar incentive cuts in the bill, even though no oil & gas subsidies are touched (very unfair!!), but ditch the MOUNTAIN of DISGUSTING PORK in the bill.”

In a separate post, Musk called Trump’s assertion that he knew details about the bill “false,” and said that members of Congress did not read it before voting on it.

“Without me, Trump would have lost the election,” Musk posted minutes after.

Trump later called Musk “CRAZY” and threatened to cut federal contracts with Musk’s companies, in a series of posts on his Truth Social platform.

Tesla has also gotten more disappointing sales news in recent days: Auto industry groups in several European countries reported sales data for May showing declines in Tesla sales as overall EV sales rose. Despite the weak sales, some analysts have pointed to the expected launch of fully autonomous Tesla rides in Austin, Texas next week as a coming positive catalyst for the stock.

The stock’s recent declines have rolled back some of Tesla’s gains after Musk in April said he would spend more time at his companies, and left the Trump administration in May. It has lost nearly a third of its value since the start of the year.

This article has been updated since it was first published to include additional information and reflect more recent share price values.

It wasn’t too long ago that President Donald Trump was selling Teslas on the White House lawn. Those days are over. 

What that means remains to be seen, but it could have implications both for U.S. policy and the EV maker’s shares—and that’s just for starters. 

A remarkable public split between Trump and Tesla (TSLA) CEO Elon Musk, the richest person on Earth, whose money helped elect the president to a second term, appears to be unfolding in real time, with the men using the media to take swings at each other.

Musk, who only recently left his role in Trump’s administration after spinning up the Department of Government Efficiency, soon turned unreservedly critical of a taxation-and-spending bill backed by Trump and now working its way through Congress. The bill, Musk says, doesn’t do enough to contain government spending, and he has urged Congress to “kill” it. 

“Ditch the MOUNTAIN of DISGUSTING PORK in the bill,” Musk wrote earlier today on X, the social network he owns. “In the entire history of civilization, there has never been legislation that [is] both big and beautiful. Everyone knows this!” (The reference to the bill’s size and beauty is a nod to Trump’s preference that it be called the “Big, Beautiful Bill.”)

Trump, meanwhile, at the White House suggested that Musk’s opposition was linked to his own business interests—in doing so perhaps offering a reminder of the influence politicians can have on companies’ fortunes—and wrote on Truth Social that the billionaire had been “wearing thin.”

Wedbush analyst Dan Ives on CNBC Thursday wondered whether the fracture might create a regulatory overhang for Musk as Tesla seeks to broaden its next-generation businesses, autonomous vehicles among them. Trump later wrote on the social media platform Truth Social that “The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts.”

“Elon knew the inner workings of this bill better than almost anybody sitting here,” Trump said in the White House Thursday. “He knew everything about it. He had no problem with it. All of a sudden he had a problem, and he only developed the problem when he found out that we’re gonna have to cut the EV mandate.” (“This bill was never shown to me even once,” Musk replied on X.)

Their back-and-forth raises inevitable questions about political power and the possible redrawing of lines around policy in Washington, but there’s also the matter of shares of Tesla, which have dropped substantially as Musk and Trump have exchanged words. “All this can’t be good for shareholders,” Gerber Kawasaki CEO Ross Gerber wrote on X.

“Does Trump now not start to play nice in the sandbox with Musk?” asked Ives on CNBC. “Does this beef between Musk and Trump actually continue to increase—and then the positive things you expected from an autonomous perspective, and regulatory, now that’s off the table because of what’s happening here.”

Musk’s move away from Washington work was seen partly as evidence that he might spend more time working at Tesla, to say nothing of his other businesses, but his attention appears divided.

The same could be said for him and Trump.

“Elon and I had a great relationship,” Trump said Thursday. “I don’t know if we will anymore.”

“Without me, Trump would have lost the election,” Musk posted a short while later.

This article has been updated since it was first published to incorporate Trump’s Truth Social posts.

Annuities provide retirees and near-retirees with a tax-deferred way to supplement their retirement income. By entering into a contract with an insurance company and making a lump-sum payment or a series of contributions, individuals can later receive either a lump sum or regular payouts over time.

What Are Annuity Payout Options?

When you enter into an annuity contract with an insurance provider, you’ll have options for how you’ll receive your payouts. This decision has a significant impact, as it will determine when payouts will start and how long they will last, as well as how much you’ll need to pay in. 

At this point and if the policy allows for it, you could also choose to include a death benefit in your policy, which will allow annuity payments to be distributed to an individual of your choice should you pass away. Before you make any decisions, weigh each choice and determine which best fits your financial plan.

Types of Annuity Payout Options

Life-Only Option

If you’re focused on maximizing your income and are comfortable estimating your life expectancy, this option may be for you. The insurance company will pay you as long as you live, with smaller payments if that’s a longer timeframe. 

However, as the life-only payout option typically doesn’t include a death benefit, it’s essentially a gamble: if you die before you receive all your payouts, the insurance company may keep the rest. On the other hand, you may be paid more than your annuity is worth if you live longer than you expect.

Joint and Survivor Option

If you want an annuity option that comes with the peace of mind that it’ll take care of a loved one in the case of your passing, consider joint and survivor. This option ensures continued payments to a designated survivor, usually a spouse, if you pass away. The insurer will make payments for as long as either of you is alive. 

Fixed Period (Period Certain) Option

Also known as a fixed-term annuity or a short-term annuity, this option provides guaranteed payments for a specified period of time, ranging from five to 20 years. If you die before the specified period, for example, if there are five years left, your designated beneficiary will receive the rest of the money.

Life With Period Certain Option

Similar to the life-only option, this option guarantees payments for as long as you live. There’s one notable difference, however: this option includes a minimum period of payouts, typically 10 to 20 years. If you die before the end of this period, your beneficiary will receive the remaining payments.

Lump Sum Option

With this option, you can elect to receive the entire value of the annuity in one large payment. No surprise, but this comes with repercussions: you’ll have to pay taxes on the whole amount.

Pros and Cons of Different Payout Options

Payout Option	Pros	Cons
Life-Only	Provides guaranteed income for life Potential to earn more if you live longer than expected	As there’s no death benefit, you run the risk of leaving no payouts to your beneficiary
Joint and Survivor	Provides peace of mind as income is guaranteed while either you or your beneficiary is alive	Monthly payouts are typically lower than life-only option
Fixed Period (Period Certain)	Guaranteed payments for a set time Remaining payments go to beneficiary if you die early	As there is no lifetime guarantee, you run the risk of outliving the payment period
Life With Period Certain	Provides peace of mind with payouts for as long as you live Your beneficiary receives payments if you die before the guaranteed period ends	Typically, payouts are less than life-only policies due to the guaranteed period
Lump Sum	Grants you full access to annuity funds immediately	The entire sum is subject to taxes in the year received You won’t have the annuity as an ongoing source of retirement income

Factors To Consider When Choosing a Payout Option

Engaging in an annuity contract can be a savvy move to boost retirement income, but which payout option should you choose? That comes down to several factors. 

The first question to ask is whether you want the annuity to provide for a beneficiary if you pass away early. If so, that may eliminate life-only as an option. However, if you want maximum payouts, life-only may be worth considering if you can stomach the risk of not leaving future payouts to your beneficiary. 

From there, other factors include how long you expect to live, how much money you’d like to receive each payout, as well as the tax implications. Of course, no one knows how much time they have left to live, so this factor comes down to your risk tolerance. For example, if you want guaranteed payments for a certain period, a fixed period payout option may work best.

Consider how each option aligns with your financial situation and retirement goals.

What Are the Tax Implications of Each Annuity Payout Option?

Lump-sum payouts are taxed all at once and can push you into a higher tax bracket. With other options, a portion of each payment is taxed as ordinary income, depending on how the annuity was funded.

How Does Inflation Affect Annuity Payout Options?

Annuity payouts are typically fixed, so inflation can reduce their purchasing power over time. If you’re concerned about inflation, consider an inflation-protected or cost-of-living annuity.

Can Annuity Payout Options Be Changed Once Selected?

Typically, you won’t be able to change your annuity payout once you’ve made your decision and start receiving payments.

What Are the Payment Options for an Inherited Annuity?

If you inherit an annuity but are not the surviving spouse, you may have three options for payouts: you can take a lump-sum payout, take the full amount in installments paid over the next five years, or receive the annuity in regular installments over your lifetime.

The Bottom Line

Entering into an annuity contract with an insurance company can provide an additional source of income for retirement. Each annuity comes with options on how payouts are handled, and you’ll have to consider these carefully based on whether you want a death benefit, your expected life expectancy, desired payout size, and tax considerations. You may want to seek the guidance of a financial advisor to lay out what may be the best option for you.

Take a look at this chart – it may just change how you think about artificial intelligence…

At first glance, it’s just a timeline of notable AI systems over the years. But buried beneath the surface is a signal most people miss: the number of parameters that each system uses. And that figure is exploding.

As Our World in Data notes, these “are internal variables that machine learning models adjust during their training process to improve their ability to make accurate predictions.”

Think of parameters as the brainpower behind an AI. The more it has, the more nuanced and capable it becomes.

Basically: the more parameters a model uses, the better – and more humanlike – it becomes. 

In a way, this chart acts as a portrait of AI’s exponential growth. And we’re not at the end of the curve – we’re at the base of a vertical spike.

Let’s put this in context…

How AI Went from Predictive Text to Project Completion in Just 5 Years

In 2019, GPT-2 struggled to write coherent paragraphs. By 2022, GPT-3.5 could navigate menus faster than a human. Just a year later, GPT-4 cracked problems in seconds that used to take five minutes. Today in 2025, Claude 3.7, Sonnet, and O1 are solving 20-minute tasks in the blink of an eye with an 80% success rate. Meanwhile, OpenAI’s o3 has crossed a new threshold, completing coding problems faster than human engineers.

As this AI Boom continues to unfold, we’re witnessing exponential capability compounding in real time. 

We’re just about three years into this new AI-driven era, and the chart is already curving skyward.

Now project that same pace out a few more years…

Instead of working out 30-minute bugs, these models could handle multi-hour, maybe even multi-day, autonomous workflows.

We’re talking about AI that doesn’t just autocomplete your sentence but your entire project.

Agentic AI: The Next Evolution That Works Like a Teammate (or a Threat)

We’ve officially crossed into a new era: that of Agentic AI.

Instead of a model that can offer a clever retort or write its own poem, this iteration of AI can:

• Set goals
• Design workflows
• Initiate subtasks
• Self-correct
• Call external tools
• Track progress
• Report back or even act on outcomes

This is AI not as a tool but as a colleague and collaborator… and perhaps in some domains, a replacement.

These agents will take a vague objective – “launch a product campaign,” “revise the codebase,” “generate a pitch deck,” “run a growth audit” – and complete the task end-to-end.

And it’s already happening. Just look to Meta (META), one of the world’s leading AI companies.

According to a recent Wall Street Journal report, Meta executives say the company’s internal “AI Marketing Engine” can already run A/B tests, generate visuals from brief prompts, and allocate ad budgets dynamically – with plans to replace 90% of manual ad workflows within the next 18 months.

Not just targeting… every single aspect: writing copy, creating visuals, designing campaigns, assigning budget, monitoring performance, generating reports…

That’s a full-on replacement.

A business that once required entire teams of marketers, designers, analysts, and managers will soon be run by autonomous AI agents with prompt-driven brains and reinforcement learning feedback loops.

And you better believe if Meta pulls it off, Alphabet (GOOGL), Amazon (AMZN), TikTok, and every direct-to-consumer brand on the planet will follow.

It’s an exponential economic transformation all powered by AI.

AI in Hollywood: The Death of Traditional Filmmaking?

Let’s tie this to another stunning development we’ve talked about recently: Veo 3, Google’s latest generative AI video model.

A couple years ago, AI-generated videos were meme-tier at best. Distorted faces, jerky motions and transitions… Pepperoni Hug Spot.

Now? AI can create a near-masterpiece from one simple text prompt.

An entire hyper-realistic scene in 1080p – cinematic lighting, lifelike animation, synchronized audio – within just minutes or less.

Right now, clips are limited to eight seconds. But we know how this curve works. First 8 seconds, then 30… a few minutes… and suddenly, we’ve achieved feature-length films.

And combined with what Meta is building in ad automation, it’s not hard to see the convergence:

AI would write the concept; generate, place, and target the ads; evaluate return on ad spend; rework the copy…

All without a single human touching the process.

In the exciting world of online poker, one emerging trend is the rise of cryptocurrency and Bitcoin poker sites. The ability to deposit and withdraw using digital currency has made certain poker rooms extremely popular among crypto enthusiasts. In this article, we’ll take an in-depth look at six of the top crypto poker sites available in 2025 based on bonuses, game selection, traffic, and reputation. Read on to find the perfect Bitcoin poker home for your game.

List of the best Bitcoin and crypto poker sites in 2025:

1. CoinCasino – Strong poker section with full crypto support and live dealer games
2. CryptoGames – Minimalist platform with provably fair video poker and no KYC
3. CoinPoker – Cryptocurrency-focused site with active poker rooms
4. SwC Poker – Long-standing crypto poker room with full anonymity
5. ACR Poker – Leading multi-currency poker platform with frequent tournaments
6. Ignition Poker – Smooth poker client with strong Bitcoin support
7. BetOnline Poker – Established BTC poker site with fast payouts
8. Bovada Poker – Popular destination for Bitcoin and poker fans alike

The top 8 crypto poker sites raking in 2025

Let’s jump into reviews of the top eight crypto poker sites for 2025 based on bonuses, game selection, software, and rakeback.

1. CoinCasino – Strong poker section with full crypto support

While CoinCasino isn’t a poker-first site, it includes a solid lineup of crypto poker games, including video poker variants and live dealer Texas Hold’em from top providers like Evolution and Ezugi. Players can also enjoy fast-paced cash games against real dealers, streamed in HD, all playable with BTC, ETH, ADA, and more.

New users can claim a 200% welcome bonus up to $30,000, along with up to 50 Super Spins on select games. Although these bonuses are geared toward slots, table game players — including poker fans — can still benefit from the extra balance when meeting the wagering requirements.

The platform supports instant crypto payments, WalletConnect login, and mobile optimization. CoinCasino is also accessible without forced KYC for most users, making it a flexible option for crypto poker players in supported regions.

It’s a strong pick for players who enjoy mixing traditional poker with other casino formats, especially with large bonuses and fast cashouts.

2. CryptoGames – Minimalist platform with provably fair video poker

CryptoGames is a clean, fast crypto casino offering a single video poker title alongside other provably fair games like dice and blackjack. While it doesn’t offer full poker rooms or live dealers, it’s a solid option for those who want simple, trustless poker play using cryptocurrencies like BTC, ETH, and DOGE.

There’s no registration, no KYC, and no delays — just connect a wallet and start playing. The video poker game runs fast and is provably fair, with publicly published house edge stats. Withdrawals are processed instantly, and the site supports anonymous play from nearly all jurisdictions.

Regular players can earn rewards via VIP rakeback, daily bonuses, and a long-term loyalty system that unlocks perks over time. It won’t replace a dedicated poker room, but it’s a top-tier pick for fast, frictionless crypto poker on the go.

For players who prioritize privacy and speed over variety, CryptoGames is a dependable poker-lite alternative.

3. CoinPoker – The flagship cryptocurrency-focused poker room

Launched in 2018, CoinPoker has quickly become a favorite among crypto-savvy poker players for its unique currency-focused model. Rather than just accepting deposits in cryptocurrencies like Bitcoin and Ethereum, CoinPoker runs using its own ERC-20 token called CHP. Players can purchase these tokens directly, earn them through promotional rewards and rake earnings on the site, and then spend them playing games or exchanging them for cash bonuses.

This integrated digital currency experience is what truly sets CoinPoker apart. Their fast-fold Zoom Poker format also eliminates much waiting time between hands to maximize volume. Regular ring games and hold ’em tournaments run around the clock as well. But where CoinPoker shines brightest is its community aspects – players can join clubs, climb competitive leaderboards for perks, and earn loyalty rewards redeemable for cash, tournament packages, and more Rakeback-style prizes.

New players jumping into CoinPoker’s innovative crypto poker ecosystem are further enticed with a generous 150% first deposit match bonus up to $2,000. Long-term players sticking with the site also average around 33% rakeback based on their activity levels. If fully embracing the intersection of poker and crypto through a unique integrated model appeals to you, CoinPoker is a top choice to consider for 2024.

4. SwC Poker – The crypto-only ‘wild west’ room

Among the more uniquely tailored blockchain poker paradises around is Seals with Clubs, commonly called SwC Poker. What differentiates this online cardroom is that it operates entirely on open-source blockchain technology without any third-party software downloads required at all.

Instead, SwC runs using just an HTML5 browser interface that gives it a lighter, more decentralized feel compared to traditional clients. Funds are held in each user’s on-chain Bitcoin wallet rather than an isolated player account as well. Perhaps most intriguingly of all, players can stake SwC tokens over long periods to earn future equity shares of the site’s revenue over time.

While still smaller than larger conventional poker networks today, the tech-savvy and privacy-minded may appreciate pioneering SwC Poker’s new model now before it potentially explodes in the future. Players are further rewarded by averaging approximately 20-50% rakeback based on their buy-in activity levels through the site’s unique zero-fee economic model.

5. ACR Poker – The Godfather of crypto poker

One of the true stalwarts of the Bitcoin poker scene is America’s Cardroom, commonly called ACR Poker. In continuous operation since 2000 but accepting cryptocurrency deposits since the late 2010s, ACR brings both experience and early adoption to their offering.

Powered by the robust Winning Poker Network, ACR ensures smooth games and tournament action running around the clock. Their expansive selection includes all standard poker variations from NL holdem to Omaha Hi/Lo in limits from micros through mid-high stakes. Generous weekly freerolls like their $250 Sunday event and frequent larger guarantees keep traffic buzzing.

New players can receive up to a 100% first deposit match up to $2,000 simply by funding their account with Bitcoin or another accepted crypto. Loyal cash game grinders at ACR additionally earn up to 27% rakeback on average hands through their respected rewards program. It’s no wonder ACR remains one of the top recommended Bitcoin poker sites after more than two decades in the business.

6. Ignition Poker – The slickest software in crypto poker

For sheer poker software prowess and a great all-around package, many players flock to Ignition Poker. Running on the powerful PaiWangLuo network, Ignition ensures super smooth gameplay and busy tournaments around the clock. But what truly sets it apart is the online poker room experience delivered through its outstanding interface.

Thanks to enhanced features, Ignition lets players track stats, view detailed hand histories, and even run popular HUD plugins to take their game to the next level. Innovations like fast-fold games and jackpot tournaments powered by Spin & Go-style mechanics inject fresh excitement as well. Newcomers to Ignition are lured with an attractive 150% first deposit match up to $1,500 simply for using Bitcoin or another supported cryptocurrency in their initial buy-in.

Ignition Poker delivers one of the smoothest and most fully-featured cryptocurrency poker experiences available today. It’s easy to see why this site continues gaining popularity and ranks among the current leaders.

7. BetOnline Poker – Reliable action with rewards for rec players

A fixture of the online poker scene welcoming Americans since 1999, BetOnline stays competitive through generous bonuses and a reliable network powered by PaiWangLuo. Their selection of cash games spanning the limit to nosebleed NLH ensures action around the clock. Top it off with frequent tournaments and Sit & Go contests running daily.

Perhaps the biggest draw for crypto enthusiasts at BetOnline is the new player signup promotion. By funding your account using Bitcoin or another supported currency, you can qualify for a handsome 100% first deposit match bonus worth up to $1,000.

Cash game grinders sticking with BetOnline over the long haul are further enticed through one of the more profitable rewards and rakeback programs. Loyal players report averages of around 15-25% rake rebates based on their volume levels. Add it all up and BetOnline continues proving itself a well-rounded Bitcoin poker destination worth trying out in 2024.

8. Bovada Poker – America’s long-trusted crypto poker haven

Rounding out our list of top Bitcoin poker sites for 2024 is Bovada Poker. As one of the few options reliably welcoming and paying out American players since 2011, Bovada remains a staple for many crypto fans Stateside.

Smooth non-stop gameplay is assured through the robust Bodog network. The selection encompasses standard ring and tournament formats spanning micros through full ring nosebleeds. Reward loyal players with frequency points earned on virtually every hand raked which translates to cashable bonuses over time.

Newcomers welcoming Bovada into their crypto poker portfolio are further drawn in by a 100% first deposit match bonus worth up to $500 when applying cryptocurrency for that initial buy-in. Longevity, stability, and an established reputation make Bovada remain one of the Bitcoin poker old guards and still worth a serious look in 2024.

Tips for playing crypto poker

To get the most value from crypto poker, consider the following tips:

• Research sites thoroughly – Take time to review platform features, traffic/game levels, software quality, reputation, bonus terms, and banking policies at multiple options.
• Start with bankroll management – Determine staking plans, expected ROI, buy-ins suited to skills, and strategies for adapting to market volatility and variance.
• Understand crypto – Educate yourself on wallet security, transaction speeds/costs, tokens accepted, and any applicable blockchains/networks before using digital currencies.
• Clear bonuses carefully – Read all terms associated with welcome offers to understand release schedules and any rollover requirements for unlocking bonus funds.
• Consider rakeback programs – Long-term profits may be increased by choosing sites that offer strong recurring rewards for rake/time played through VIP or affiliate programs.
• Use banking options wisely – Weigh the pros and cons of keeping crypto staked on-site vs withdrawn based on your risk tolerance, cashout needs, and tax obligations.
• Have fun – Despite volatility and learning curves, cryptocurrency poker introduces various new exciting elements. Approach crypto poker as an entertainment activity first.

The bottom line

The online poker world continues evolving rapidly to embrace cryptocurrency. By choosing top operators with safe, secure, and rewarding crypto programs, players gain maximum flexibility and opportunity in the exciting intersection of poker and digital finance. With so many great options to consider today, finding the right crypto poker home has never been simpler.

Playing poker with ETH? See the best crypto poker sites for Ethereum. Compare bonuses, games, and anonymous play.From sportsbooks to dice games, see our picks for the top crypto casinos including recommendations for Bitstarz, Winz.io, and MegaDice based on welcome offers, reputation, and overall value.

Shares of Broadcom (AVGO) are trending toward an all-time high closing price for the fourth day in a row as the chipmaker prepares to report quarterly results after the bell. 

The stock has climbed each of the past seven trading sessions and hit a record intraday high of $265.43 Wednesday before closing at about $261. Shares traded near $263 mid-Thursday. Broadcom shares have gained nearly 30% in the past month, buoyed by an AI trade revived by Nvidia’s (NVDA) strong results last week.

As to whether the rally will continue after Broadcom’s quarterly results, options pricing suggests investors expect the stock to move about 6.4% in either direction Friday. A move of that magnitude would either lift shares to another record high around $277 or sink them to $244, about where they were a week ago. 

Broadcom’s recent rally has brought its share price above the analyst consensus price target of about $252 from analysts tracked by Visible Alpha. Of 14 total brokers, 13 have a “buy” or equivalent rating for Broadcom stock, with one “hold.” 

The surge comes as earlier this week Broadcom began shipping its Tomahawk 6 series of advanced data center switches, which the company said are equipped with double the bandwidth of any Ethernet switch on the market.

The European Central Bank cut interest rates Thursday, putting the body further ahead of its U.S. counterpart in moving toward a less restrictive monetary policy—likely to the chagrin of President Donald Trump.

The ECB’s willingness to lower rates (it’s done so at eight consecutive meetings over the past year) differs from the Federal Reserve, which has held U.S. rates steady this year in an attempt to drive down inflation to a 2% annual rate. This has drawn criticism from Trump, who wants Powell to cut interest rates to lower borrowing costs and boost economic growth and job creation to avoid a downturn.

On Wednesday, the ADP’s survey of job creation found that pirate employers added 37,000 jobs in May, well below the 110,000 forecasters had expected. Trump took to Truth Social, posting, “ADP NUMBER OUT!!! ‘Too Late’ Powell must now LOWER THE RATE. He is unbelievable!!! Europe has lowered NINE TIMES!”

Trump’s tariff policy could be making it more likely the Fed holds back from cutting rates, however, due to concern that import taxes could reignite high inflation in the U.S. Meanwhile, European central bankers have been more concerned that the trade tensions with the U.S. could slow their countries’ economies.

The ECB said an escalation of tariffs would limit growth and inflation, while a “benign” resolution to the trade disputes would likely lead to growth and may spur higher inflation.

Inflation in the euro area is currently near the ECB Governing Council’s 2% medium-term target. For now, the decision to lower rates “should make the economy more resilient to global shocks,” the ECB said.

Paul Brody is global blockchain leader at professional services firm EY and co-author of a 2023 book, Ethereum for Business: A Plain-English Guide to the Use Cases that Generate Returns from Asset Management to Payments to Supply Chains. He speaks with Global Finance about blockchain technology’s impact on everything from routine payments to cross-border remittances to the future of banking and the CFO and treasurer roles.

Global Finance: If we look at what people are transacting on blockchains today, it’s not primarily bitcoin but stablecoin, a type of cryptocurrency designed to maintain a stable value over time. Does this surprise you?

Paul Brody: The ability of people to pay each other in dollars is hugely valuable. And to give you a sense of how big stable- coin dollars have become, last month the ethereum blockchain ecosystem did $2 trillion in stablecoin payments, over 99% of which were in US dollars.

GF: Who is actually using them?

Brody: By far the most popular initial use case for stablecoin is in emerging markets. Countries without independent central banks often experience high inflation or even hyperinflation, and so demand for US dollars is really high among the local population.

GF: And they’re being used for cross-border remittances too?

Brody: A lot of traditional cross-border systems take days to execute, and they cost a fair amount of money. If both participants have smartphones and cryptocurrency accounts, you can send dollars across borders in a matter of seconds for almost nothing.

GF: Lately, the US Treasury Department seems to be saying that the US doesn’t need a central bank digital currency [CBDC], i.e., a digital dollar. It can use stablecoin. Is that your read too?

Brody: What we need is well-regulated stablecoin. We need some regulatory safeguards to make sure that if you say there’s a dollar on-chain, there’s also a dollar in the bank account to back that up, or its equivalent in assets.

CBDCs have been flopping, mostly because central banks don’t really know why they’re doing them. I’ve talked to many central bankers, and they generally have no idea why they’re doing this other than Facebook wanted one.

GF: How will blockchain technology change things for corporate CFOs and treasurers?

Brody: CFOs and treasurers have some questions to ask themselves: Am I plugged into the crypto and blockchain system? Can I make stablecoin payments? Should I include bitcoin in my corporate treasury alongside US dollar-denominated bonds? Going further, can I automate my business contracts? My procurement? How can I run my business operations more efficiently? And if a customer wants to pay me in stablecoin, can they do so? The answer for most companies today is, no, they can’t.

GF: If you’re a stablecoin issuer, how do you make a profit on that business?

Brody: You make money with transaction fees and, potentially, your float on the interest rate. But that depends on interest rates. If rates go down really low, it’s going to be a painful business. Fees are pretty small because it’s such a competitive environment.

GF: What does all this mean for banks generally going forward? Is it going to lessen their importance?

Brody: It’s going to change banks’ role, and may diminish it. It depends on how a bank makes its money.

Banks that make their money processing credit card transac- tions are the most at risk because blockchains represent a new, more efficient way to process transactions. You swipe your credit card in a store, and you don’t see the cost of the payment, but it’s real and it’s substantial, like 3% to 4%. International wire trans- fers are usually a fixed fee, as much as $50. Stablecoin transfers cost almost nothing by comparison.

But if you’re a regional bank that does a lot of corporate finance, blockchain probably doesn’t change your business that much.

GF: What about major custody banks, such as BNY Mellon, JPMorgan, etc.? Is their business at risk?

Brody: Major custody banks are in an interesting place. They have a ton of assets, and if you’ve got assets and you control and custody those assets, you’re then in a position to help people tokenize them.

So, this new technology is certainly a threat, but it’s also potentially a substantial opportunity. At the end of the day, if you’re custodying assets and you’re now helping people tokenize them or manage them in different ecosystems, that represents the additive potential to your business.

GF: In your book Ethereum for Business, you highlight the importance of blockchain-based smart contracts. With these, one can define not only dollars but all sorts of things, even coffee mugs. Why aren’t more corporations using smart contracts?

Brody: The answer is that blockchains don’t yet have privacy built into them, and this is a huge problem. But it’s being fixed. It’s like the early days of the internet, when we didn’t have encryption. Most companies don’t feel comfortable doing business without privacy.

It’s why private blockchains have never worked. If companies had a private blockchain, they thought it ensured privacy. What they didn’t realize is that inside that walled garden there’s still no privacy. If you’re a big company and you have all your suppliers in your private blockchain, you still can’t run your procurement process there, because supplier A can see how much you’re paying supplier B, and also how much you’re ordering from them.

GF: How deep are banks going to go in providing blockchain services?

Brody: Every single bank is going to offer some kind of DLT [distributed ledger technology] service. You have stocks, you have bonds [to offer clients], and now you may add crypto. Other institutions may send cash to an ethereum address for you, instead of setting up a wire transfer to a bank address. There will be new versions of money transfer and payments, and some of them are going to be quite sophisticated.

GF: Skeptics are asking when they will see blockchain’s “killer app”: meaning an application that’s universally used, along the lines of what email did for the internet?

Brody: Stablecoins are the killer app, the one that gets everybody on-chain. The stablecoin market is about to get crazy competitive, and yield-bearing stablecoins will be widely available soon.

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“CFOs and treasurers have to ask themselves: If a customer wants to pay me in stablecoin, can they do so?”

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GF: All in all, is blockchain a niche innovation—useful but not earth-shattering—or is it something that can fundamentally change global finance?

Brody: It’s not only going to change global finance, but it will transform all global commerce.

Blockchain is going to become the plumbing by which all B2B transactions are done.

And the reason it’s so transformational is that historically, money, contracts, and “stuff” [i.e., goods] all were in different systems. Companies still spend huge amounts on reconciling money, stuff, and contracts. For example, it costs the average large company about $100 to pay a bill. And the reason is, somebody in procurement has to say, I’ve got this bill. Does it match the purchase order that I sent out? Do the terms on the bill and the purchase order match the terms of the contract? And so on. Imagine a future where the money, the stuff, and the terms of the contract are all in the same digital system and they all reconcile with each other. It’s done instantly. In 10, 15 years, the whole process will be universal and invisible. Back-end plumbing, right?

If you’re looking to try your luck at online gambling with cryptocurrencies in the Netherlands, the abundance of options can make settling on one casino feel overwhelming. From alluring welcome bonuses to flashy game libraries and dedicated crypto payment support, modern crypto casinos pull out all the stops to entice new players. However, not every platform should be trusted with your funds.

In this guide, we break down eight top-rated crypto casinos that are fully legit and welcoming to Dutch residents. Read on for reviews featuring key details like crypto deposit options, bonus terms, game variety, and more.

List of the 10 best crypto and Bitcoin casinos in the Netherlands in 2025:

1. 7Bit Casino – The top Dutch crypto casino for slots, bonuses, and fast payouts
2. Flush.com – Slick crypto platform with generous ongoing promotions
3. WSM Casino – Meme-themed sportsbook and casino with no forced KYC
4. CoinCasino – Big ETH/BTC bonus and Dutch-friendly payments, plus sportsbook
5. CryptoGames – Fully anonymous casino with provably fair dice and fast ETH/BTX payouts
6. BitStarz – Veteran crypto brand with 4,000+ games and fast crypto withdrawals
7. Cloudbet – Premier crypto sportsbook known for competitive odds and fast KYC
8. Bitcasino – Established operator with rewarding loyalty perks
9. JustBit – Privacy-first crypto casino with quick withdrawals and solid game range
10. MrQ – Newer site expanding into crypto with unique promotions and game mix

Top 10 Bitcoin and crypto gambling sites for Dutch players

We’ve analyzed dozens of crypto gambling sites and identified the eight highest-rated platforms according to our research. All of these Dutch crypto casinos accept Bitcoin and other digital currencies and offer attractive bonuses for players in the Netherlands.

1. 7Bit Casino – Top-rated crypto casino overall

A long-standing leader among crypto gambling sites, 7Bit casino stands out for its enormous bonus offering. New players can unlock up to 5 BTC and 250 free spins total across their first four deposits. An additional 75 no-deposit spins sweeten the deal. 7Bit supports 10+ major cryptocurrencies for deposits and withdrawals, with lightning-fast processing.

The welcome bonus spreads out as follows:

• 1st deposit bonus: 100% + 100 free spins
• 2nd deposit bonus: 75% + 100 free spins
• 3rd deposit bonus: 50%
• 4th deposit bonus: 100% + 50 free spins

Over 4,000 casino games from leading studios like NetEnt, Microgaming, and NextGen keep the action going. A dedicated Dutch support team and extensive payment options beyond crypto make 7Bit one of the best crypto casinos for Dutch residents seeking a trustworthy yet fun high-rated crypto casino in the Netherlands.

2. Flush.com – Popular for table games & live dealer

Flush offers an eye-catching 150% welcome package on initial crypto deposits between $200 and $1,000. The easy-to-use platform makes deposits and withdrawals a breeze via Bitcoin and 24/7 support responds promptly. Flush stands out for jackpot slots by leading providers like Pragmatic Play.

An elite VIP program unlocks lucrative perks based on wagering amounts and player status. Established in 2021, Flush is a safe, fully regulated option for Dutch players looking beyond Bitcoin for casino bonuses for Dutch crypto players.

3. WSM Casino – Large bonuses on sports & slots

A newcomer shaking things up with generous bonuses, WSM Casino rewards new players’ first fiat or crypto deposit between $10 and $12,500 with a matched 200% welcome package plus 50 free spins. Crypto deposits are equally supported with fast processing.

Unique features like $5 million mystery jackpot drops and competitive sports betting markets add flavor. Easy registration and payouts with zero fees make WSM a top contender among Dutch residents seeking the best crypto casino in the Netherlands.

4. CoinCasino – Dutch-friendly crypto casino with massive bonuses

CoinCasino offers a clean, mobile-friendly platform that works well for players in the Netherlands. It supports key cryptos like Bitcoin, Ethereum, Litecoin, and Cardano, and also accepts Visa and Apple Pay for fiat users. No KYC is required at sign-up, and Dutch players can access the full game library and sportsbook without restriction.

The site features over 2,000 casino games, from high-volatility slots to live dealer tables. Sports fans can also enjoy betting markets on football, MMA, and esports — all under one roof. Navigation is smooth, and WalletConnect integration makes logging in with a crypto wallet fast and secure.

New users can claim a 200% welcome bonus up to $30,000, along with up to 50 Super Spins, depending on deposit size. Promotions are updated regularly and come with clear terms.

While large withdrawals may trigger identity checks, everyday players from the Netherlands will find CoinCasino fast, fair, and easy to use.

5. CryptoGames – trusted anonymous casino with Ethereum and Bitcoin support

CryptoGames is a no-frills crypto casino with a privacy-first approach that appeals to many Dutch players. It doesn’t require email, ID, or registration — you just connect a wallet and start playing. This makes it ideal for users looking to gamble anonymously with BTC, ETH, DOGE, LTC, and more.

While it doesn’t offer thousands of flashy games, it does provide a curated list of 10 provably fair titles, including dice, roulette, keno, blackjack, and a simple slot. All games display house edge percentages, and every bet can be verified for fairness.

Although there’s no formal welcome bonus, CryptoGames rewards regular players with daily promos, VIP rakeback, and up to 600 free spins via loyalty milestones. It’s a solid, stable choice for players who value performance and trust over glitz.

For Dutch players who want instant withdrawals, no KYC, and a fast-loading mobile casino, CryptoGames is hard to beat.

6. BitStarz – Huge bonuses on mobile-friendly casino

One of the largest crypto casinos globally, BitStarz brings its proven welcome offer and game selection to Dutch audiences. New players can unlock up to 5 BTC bonuses plus 190 free spins across four initial deposits. Plus 30 no-deposit freebies await registration.

Earning cashback and comp points through the tiered VIP program keeps high rollers engaged for the long haul. BitStarz accepts over a dozen major digital coins and processes withdrawals to crypto wallets within minutes. This established site offers a safe, enjoyable gambling experience for serious Dutch crypto gamers.

7. Cloudbet – Crypto sportsbook with live betting

Cloudbet made waves as one of the first casinos to integrate crypto exclusively upon debuting in 2013. Dutch players enjoy an array of table games, slots, jackpots, and live dealer titles powered by leading developers like Evolution Gaming.

New users can double their opening crypto deposit between 0.001 to 5 BTC with Cloudbet’s standard 100% match bonus. All activities may be explored risk-free before wagering real funds via the demo mode. Fast payouts and 24/7 live support in multiple languages round out this trusted crypto casino option for professional Dutch gamblers.

8. Bitcasino – Top rated for crypto slots experience

Bitcasino‘s vibrant lobby is stocked with over 2,000 colorful casino and live dealer games. Powered by a proprietary payment gateway, deposits, and withdrawals in 20+ crypto coins are complete within minutes. New players unlock a matching bonus of up to $1,500 on their first deposit.

Dutch-speaking assistance ships around the clock. VIP tiers and lucrative cashback perks retain long-time crypto players. Alongside deposits via mobile app, the site is an optimal online gambling destination for busy Dutch residents to enjoy jackpots on the go with cryptocurrencies.

9. JustBit – Good all-rounder with large mobile presence

JustBit keeps things fresh through weekly tournaments with cash prizes and loyalty point promotions. New players’ first three crypto deposits receive a 100% match bonus, amounting up to $750. 75 free spins further pad players’ starting balances.

Over 2,000 games include modern jackpot slots, video poker, and live games streamed 24/7. JustBit ensures blazing-fast crypto payouts to outside wallets in minutes via a dedicated exchange. For value and variety, this high-rated crypto casino ranks among the best.

10. MrQ – Established brand with exclusive titles

One of the rare crypto casinos to provide bonus codes redeemable via Telegram, MrQ brings accessibility to a new level. New registrants receive their 20 no-wagering free spins with a minimum of 10x deposits starting at €10.

MrQ keeps things straightforward yet feature-rich. The basic yet stylish lobby holds 500+ titles from major suppliers. Eight leading cryptos including ETH and LTC are accepted for fast deposits and withdrawals. MrQ offers a simplified Dutch crypto-gambling experience without frills.

Factors to consider when choosing a crypto casino

When deciding which casino works best for your needs, consider the following factors beyond sign-up offers:

• Game selection – Look for sites with 3000+ titles from leading providers like Playtech, NetEnt, and Microgaming for the best variety.
• Reputation – Go with licensed and long-standing operators like 7Bit who have built trust over many years rather than newer unknowns.
• Deposit options – Most take major cryptos instantly but traditional options or e-wallets may have holds. Consider your preferred funding method.
• Support – Seek out 24/7 live chat for the quickest help. Email response times can vary more between sites.
• Mobile app – For seamless on-the-go play, check app store ratings and functionality across Android, and iOS before committing long-term.
• Bonus terms – Smaller minimum bets and lower playthroughs make bonuses easier to clear out without running a risk of losses. 35x or less is preferable.
• Currency – Many support EUR for easier accounting but check BTC limits or fees are not excessive for your planned stake sizes, especially at higher tiers.

Do your research upfront matching the above factors to your habits to find the ideal crypto casino for your needs as a Dutch player in 2025 and beyond.

The bottom line

With a wealth of betting options emerging that take cryptocurrencies, finding the right casino to back can be a challenge. We’ve spotlighted eight industry-leading platforms highly rated by industry reviewers. All ensure safe, fun, and rewarding experiences for Dutch crypto enthusiasts looking to enjoy games and place winning bets. Now it’s up to you to choose your preferred crypto betting destination based on bonuses, game selection, and other unique perks tailored to Dutch audiences.

Looking to gamble privately online? This guide reviews the top VPN-friendly crypto casinos that accept Bitcoin and more.

U.S. President Donald Trump and Chinese counterpart Xi Jinping spoke on the phone this morning, in an effort to smooth out simmering trade tensions.

Trump reportedly initiated the call to help clear the air over a trade spat between the two countries, which reignited in the past week. Despite reaching a temporary trade agreement in mid-May, the two countries have accused the other of ignoring or undermining the deal in recent days.

The temporary agreement reduced mutual tariffs of more than 100%, which economists said effectively banned trade between the two countries. The pause was designed to allow longer-term negotiations, which had seemed to have stalled out before the call on Thursday.

The call “resulted in a very positive conclusion for both Countries,” Trump wrote in a post on Truth Social after the call. He said the two countries agreed to a second meeting to discuss a long-term trade deal further, and details would be released “soon.”

The leaders have until August 12 to come to a longer-term deal. At that time, the U.S. tariffs of 145% on Chinese goods will be reinstated, and Chinese tariffs on U.S. goods are expected to rise back to their previous level of 125%.

Before the call, Trump and officials in his administration accused China of violating the agreement by not removing some of the countermeasures put in place when the two countries were ratcheting up a trade war that peaked in March.

In response, China claimed the U.S. was working to “seriously undermine” the deal by introducing new trade barriers, such as issuing new export control guidelines for AI chips.

U.S. officials were particularly concerned that China was restricting the flow of rare earth metals, of which they are the primary producer. These metals are often used in automotive, electronic, defense and energy manufacturing.

“There should no longer be any questions respecting the complexity of Rare Earth products,” Trump wrote in his post, but did not elaborate.

Update, June 5, 2025: This article has been updated to include comments from President Donald Trump made in a social media post.