Bitcoin’s Broken Promise Wipes Out Billions in Bullish Cr…

This newsletter from Bloomberg features insights into key events affecting Singapore's economy. It covers Michael Saylor's recent decision to sell Bitcoin for the first time in four years, leading to a decline in Bitcoin prices and causing investor concern. The newsletter also discusses anticipation regarding trade tensions due to the U.S.'s recent actions. Additionally, it highlights a local food experience from the closing of the Uptown Nasi Lemak stall, known for its coconut rice and fried chicken.

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Michael Saylor, co-founder and executive chairman of Strategy Inc.Photographer: Ian Maule/Bloomberg

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By Suvashree Ghosh, Philip Heijmans, and Chanyaporn Chanjaroen

June 6, 2026 at 1:00 AM UTC

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Each week we bring you insights into one of Asia’s most dynamic economies. If you haven’t yet, please sign up here .

This week, Suvashree Ghosh watches Bitcoin slide as investors reel from Michael Saylor’s broken promise and Philip Heijmans braces for more trade upheaval with the US’s latest salvo. Chanyaporn Chanjaroen manages to enjoy Uptown Nasi Lemak’s fluffy coconut rice and fried chicken before the stall bids farewell.

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