According to Fox News, Russian President Vladimir Putin hosted Chinese President Xi Jinping at a massive military parade on Moscow's Red Square on May 9, 2025 (source: Fox News Twitter). This high-profile event signals strengthening ties between Russia and China, which traders are closely monitoring for potential impacts on global financial markets, including cryptocurrencies. Analysts note that increased cooperation between these nations could lead to accelerated efforts to bypass the US dollar in cross-border payments, potentially boosting adoption of blockchain-based settlement systems and digital currencies (source: Fox News). Traders should watch for volatility in Bitcoin and stablecoins as geopolitical alliances shift.

According to Paolo Ardoino's tweet, the image titled 'FIAT Mon(k)ey' suggests a critique of traditional fiat currency systems in comparison to cryptocurrencies. Ardoino, a prominent figure in the crypto community, often highlights the advantages of decentralized finance over conventional monetary systems. While the tweet does not provide explicit trading advice, it implicitly supports the shift towards digital currencies, potentially influencing market sentiment toward increased cryptocurrency adoption.