Crypto News

US Touts Iran Deal Prospects Amid Fresh Tensions in Hormuz - US Touts Iran Deal Prospects Amid Fresh Tensions in Hormuz Arab states including Saudi Arabia, the United Arab Emirates, and Qatar have urged Trump to continue with diplomacy. They fear a return to hostilities would cause Iran to fire drones and missiles on their countries, as it did before the April truce, causing tens of billions of dollars of damage and killing scores of people. On Monday, Trump in a social media post urged Saudi Arabia, Qatar, and other countries to join the Abraham Accords and recognize Israel. That appears unlikely unless Israel takes steps toward allowing a Palestinian state, which its government has ruled out. Beyond the frozen funds, obstacles to...

White House promises lower energy prices 'as soon as the Straits are open,' but analysts say to prepare for a 'Hormuz Hangover' - White House promises lower energy prices 'as soon as the Straits are open,' but analysts say to prepare for a 'Hormuz Hangover' Trump posted on Saturday that a deal "will be announced shortly," before follow-up messages from the president acknowledged that talks would take additional time and may not pan out. US Secretary of State Marco Rubio told reporters early Tuesday that any deal will "take a few days" as new clashes between US and Iranian forces erupted around the Strait of Hormuz itself. Those new clashes could provide an additional worry for already skittish shippers because the US strikes were...

Stock market today: Dow slips, S&P 500 and Nasdaq rise on Iran peace prospects - Stock Market Today: Dow Slips, S&P 500 and Nasdaq Rise on Iran Peace Prospects The stock market saw mixed results as investors reacted to potential peace prospects in the Middle East. Notably, the Dow Jones Industrial Average experienced a decline, while the S&P 500 and Nasdaq indexes witnessed gains. The overall sentiment in the market was influenced by reports of negotiations regarding the de-escalation of tensions in the Strait of Hormuz, a crucial oil shipping channel. Middle East Developments Investors kept a close eye on developments in the Middle East, specifically related to Iran. Talks of easing regional tensions have offered some relief to...

Stock market today: Dow wavers, S&P 500 and Nasdaq rise on Iran peace prospects - Stock Market Today: Dow Wavers, S&P 500 and Nasdaq Rise on Iran Peace Prospects Major US stock indices showed mixed results today as investors digested news on potential peace talks involving Iran. The Dow Jones Industrial Average experienced fluctuations, while both the S&P 500 and Nasdaq Composite indices registered gains. The market saw increased optimism after reports suggested a diplomatic approach to easing tensions in the Middle East. This news came amid concerns over shipping traffic in the Strait of Hormuz, a pivotal maritime route for global oil shipments. Sector Highlights The technology sector contributed positively to the market's...

With Central Bank’s Blessing, Georgia Taps Tether for 'Official' Stablecoin - Georgia Adopts Tether's USDT as its 'Official' Stablecoin with Central Bank's Support Georgia, a country at the intersection of Europe and Asia, has made headlines by adopting Tether’s USDT stablecoin as its "official" digital currency. This comes with the endorsement of the National Bank of Georgia, marking a significant milestone in the integration of cryptocurrency within national economies. The National Bank of Georgia’s decision to endorse Tether’s USDT is seen as a strategic move to boost the nation's financial system and promote economic stability. By adopting a stablecoin pegged to the U.S. dollar, Georgia aims to provide its citizens with a more...

Bitwise's Jeff Park: Crypto Entering 'Most Bullish' Phase, Says It's 'NVIDIA Before AI Boom' - NVIDIA’s Explosive Rise Into a Global Economic Powerhouse NVIDIA’s rise has become one of the defining market stories of the AI era. The company’s market capitalization recently surpassed $5 trillion, placing its valuation above the annual economic output of countries including the UK, Japan, and India. At various points during the AI rally, Nvidia’s valuation has exceeded the combined market capitalization of several European stock markets. While market capitalization and gross domestic product measure fundamentally different things, the comparison illustrates the extraordinary scale of investor demand surrounding AI infrastructure...

Clarity Act Chaos? Automating Compliant Crypto Yield with AI - The agents do not hold the stablecoins; they route them through compliant DeFi pools, collect returns from transactional activity explicitly permitted under the CLARITY Act carve-outs, and return net yield to users as the product of active management. The Golden Age of Simple Earn Programs The golden age of simple earn programs is closing. What replaces it depends on whether AI agents can close the integration gap before regulators close the transactional yield carve-out too. This article has been published in Cryptonews.com via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/clarity-act-chaos-automating-compliant-122549006.html

Bitcoin, Ethereum, XRP, Dogecoin Flat Amid Iran Deal Uncertainty: Crypto Commentator Says 'Everyone's Bearish' On ETH, But Data Isn't - Key Levels To Watch Out For BTC Popular cryptocurrency analysis-focused X account CryptoReviewing identified $77,500-$78,100 and $74,000-$76,200 as important BTC ranges. "The very largest liquidation clusters right now for BTC are at $77,700 and $76,600 – making potential sweeps of both levels a ‘high probability,'" the analyst added. Widely followed cryptocurrency commentator Rain noted that Ethereum was trading below its 2-year Simple Moving Average—a level tied to "major cycle recoveries." "Possible flush to $1,000–$1,300 still on the table, but the 2027–2029 target range sits at...

Now You Can Buy Bitcoin, XRP and More in ChatGPT via MoonPay - Now You Can Buy Bitcoin, XRP and More in ChatGPT via MoonPay “Being able to talk in ChatGPT is a huge unlock,” he said. “I think that’s what’s been lacking overall.” Despite the convenience, Arifin acknowledged that users who operate only inside ChatGPT are effectively confined to OpenAI’s ecosystem and the interfaces it chooses to expose, which is why he sees emerging AI clients like OpenClaw and Hermes—where AI agents can run locally and interact more directly with a user’s machine—as an important next step. According to Arifin, ChatGPT and other chatbots are a growing entry point for crypto adoption. “These apps, whether it’s ChatGPT, Claude—they’re the new front...

Bitcoin Dives Below $75K for First Time in a Month as Crypto Liquidations Near $1 Billion - Bitcoin Dives Below $75K for First Time in a Month as Crypto Liquidations Near $1 Billion Bitcoin fell below the $75,000 mark for the first time in a month, with the cryptocurrency market seeing nearly $1 billion in liquidations. This downturn is taking place amid a wider sell-off in traditional financial markets, notably in bonds. The dip below $75,000 highlights a significant loss of momentum for Bitcoin, which had been trading closer to record highs in recent months. The decline in Bitcoin's price also contributed to liquidations in the broader cryptocurrency space, with a combined value nearing $1 billion. This further underscores the...

Elon Musk wants to put data centers in space — here's what that could actually look like - Elon Musk wants to put data centers in space — here's what that could actually look like "The only logical solution therefore is to transport these resource-intensive efforts to a location with vast power and space," he added. Execution may include some challenges. Two of the payloads launched by Lonestar tipped over when they landed on the surface of the moon. However, Stott said the company finished testing one of them in lunar orbit prior to landing. The other one kept running even after it tipped over. "It was still running," said Stott. "The servers didn't need to be right-side-up to process data," he said. It's unclear what the...

This spring, homebuyers and sellers are finally aligned on price - This spring, homebuyers and sellers are finally aligned on price. “Buyers have to work really hard to get a house,” Beiser said. “There’s very little to choose from.” It’s not clear how long the demand will last. Mortgage rates have risen sharply in recent weeks amid global concerns about inflation and the Iran War, hurting affordability. If buyers and sellers can continue to find common ground on price, the market momentum may continue. But historically, big market shocks have pushed buyers and sellers further apart and sidelined some buyers altogether. “Affordability has deteriorated some since February,” Krimmel said. “It’s going to be a question of when — not if...

Considering un-retirement? More older Americans are rejoining the workforce, often out of financial need. - Considering un-retirement? More older Americans are rejoining the workforce, often out of financial need. “In 2022, there were rising costs and a ton of jobs,” Sanzenbacher said. “In 2026, there are rising costs and not a ton of jobs.” That creates a harsh reality for retirees trying to jump back in. Education matters. Workers with college degrees are disproportionately more likely to successfully reenter the workforce, Sanzenbacher noted. Then there’s the issue of ageism. AARP research found that two-thirds of workers over 50 believe it would be difficult to find a new job in today’s market. Nearly a third blame age...

SpaceX's upgraded Starship V3 blasts off in debut test flight from Texas - SpaceX's upgraded Starship V3 blasts off in debut test flight from Texas While in space, the vessel's payload dispenser successfully released a clutch of 20 mock Starlink satellites one by one, plus two actual satellites deployed along Starship's flight trajectory to scan the spacecraft's heat shield and transmit data to operators on the ground during descent. The heat shield represents one of SpaceX's most difficult development challenges with Starship, as it tries to develop a super-durable protective surface that requires little or no refurbishment after each flight. SpaceX mission controllers decided to skip a planned re-ignition test of Starship's...

Chip stocks are hitting fresh records, but Nvidia isn't the driver - Chip Stocks are Hitting Fresh Records, but Nvidia Isn't the Driver Chip stocks are once again in focus, with investors eyeing potentially lucrative opportunities in the semiconductor sector. Among the notable players, Nvidia has long been a prominent figure, but it's now other companies pushing the chip sector to new heights. The semiconductor index has been reaching new records, thanks to robust demand across various industries. Companies such as Qualcomm and AMD have become prominent benefactors, contributing significantly to the sector's growth. While Nvidia has played a critical role in the industry, recent market movements have shown that it's not the...

House Panel to Probe Insider Trading on Prediction Markets - House Panel to Probe Insider Trading on Prediction Markets A house panel is set to investigate allegations of insider trading linked to prediction markets. These markets have become a focal point for controversy, raising concerns about their potential impact on market dynamics and investor confidence. Lawmakers are particularly interested in understanding how these markets, which allow participants to speculate on future events, could be manipulated by individuals with privileged information. The investigation aims to ensure that trading practices remain fair and that the integrity of the markets is preserved. The probe will involve various stakeholders, including experts...

Stock market today: Dow, S&P 500, Nasdaq advance as tech stocks gain, investors monitor US-Iran talks - Stock Market Today The major U.S. stock indexes made gains last Friday, as technology stocks led the way, and investors watched ongoing geopolitical developments. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite all closed higher. Traders kept an eye on various global issues, particularly the negotiations between the United States and Iran. In the tech sector, big names showed strength, contributing to the Nasdaq's advance. Companies within this industry continue to be a focal point for investors, as they balance growth prospects with geopolitical uncertainties. Market Factors A combination of strong...

Stocks waver amid US-Iran uncertainty as strong season season wraps - Stocks wavered today amid uncertainty surrounding the geopolitical tensions between the US and Iran, as well as the end of a strong earnings season. Investors are keeping a close watch on developments in the Middle East, which could have broader implications for the global economy. Market Dynamics The day began with fluctuating stock prices, reflecting investor caution. The ongoing situation in the Middle East has created an atmosphere of uncertainty, causing many to reevaluate their positions in the market. Earnings Season Despite the geopolitical concerns, the earnings season has been robust, providing a positive backdrop for the markets. Many companies reported...

US move into quantum computing adds to a portfolio that spans semiconductors, steel, nuclear, and rare earths - US move into quantum computing adds to a portfolio that spans semiconductors, steel, nuclear, and rare earths The deals are collectively worth $2 billion, with $1 billion going to IBM’s effort and another $375 million headed to GlobalFoundries, which the company says will translate into a government stake of about 1% of the company. Other companies, including D-Wave Quantum, Rigetti Computing, and Infleqtion, have announced individual deals totaling $100 million each from the US government. The full range of the deals includes nine different companies that, according to the government, involve “a minority...

Stock market today: Dow, S&P 500, Nasdaq futures climb as markets await update on US-Iran peace talks - Stock Market Update Futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq are all showing gains as investors eagerly await updates regarding the US-Iran peace talks, alongside their continued assessment of economic conditions and corporate earnings. The anticipation surrounding these talks has driven much of the market momentum recently, with many analysts predicting further volatility as details emerge. The Dow Jones futures rose by 0.3%, while the S&P 500 futures climbed 0.4%, and the Nasdaq futures edged up by 0.5%. Market participants remain focused on any developments that might impact the geopolitical landscape...