Crypto News

Oil prices rise as tensions flare in Middle East, Trump says US-Iran ceasefire is 'on life support' - Oil prices rise as tensions flare in Middle East, Trump says US-Iran ceasefire is 'on life support' “A core assumption of our framework is that the accelerating pace of oil inventory depletion will ultimately force the reopening of the Strait of Hormuz, one way or another,” JPMorgan analysts led by Natasha Kaneva said in a recent report on the oil market. Global oil demand fell by 2.8 million barrels per day (mbd) in March and by 4.3 mbd in April, according to JPMorgan research, with demand-driven losses expected to reach 5.6 mbd in May. Governments in Southeast Asia have implemented the most drastic measures, enforcing shortened...

Consumer prices surged 3.8% in April from a year ago, driven by energy inflation - Consumer prices surged 3.8% in April from a year ago, driven by energy inflation Inflation continued to put financial pressure on American consumers in April, with prices rising 3.8% compared to the same month last year. The increase was fueled primarily by a sharp rise in energy costs, according to the latest report released by the Bureau of Labor Statistics. Energy prices have been a significant driver of overall inflation this year, reflecting the impact of global supply chain disruptions and geopolitical tensions impacting oil markets. Increases in gasoline and electricity prices particularly contributed to the overall rise in consumer expenses...

Binance Says AI Blocked $10.5B in Fraud as Google Flags AI-Built Exploits - Binance Says AI Blocked $10.5B in Fraud as Google Flags AI-Built Exploits The company also reported that AI-assisted scams generated significantly more revenue than traditional scam operations. According to Chainalysis, scam networks are increasingly using: The economy is changing quickly. Generative AI tools make it easier for attackers to localize scams in multiple languages, imitate real support agents, produce convincing fake websites, and test attack methods on a much larger scale. Binance Research separately found that intercepted phishing and scam attempts rose 54% quarter-over-quarter and 209% year-over-year during Q1 2026. Exchanges are facing...

Is This Bitcoin Bear Market Different? Analysts Weigh In - With Bitcoin's one-year volatility near all-time lows, any major price move carries outsized weight, Otychenko said, adding that the U.S.-Iran conflict has made Bitcoin more sensitive to macro developments than it has been in years. Looking ahead Yoon outlined two paths from here. “We could see a great scenario where investors move their money into Bitcoin if the stock market stays flat,” he said. “On the other hand, if the AI bubble actually bursts and triggers a market crash, Bitcoin might drop to test lower prices again.” Users on prediction market Myriad, assign just a 2% chance to a U.S.-Iran diplomatic meeting by May 15, down sharply from 30% on May 8—suggesting...

Stock market today: Nasdaq, S&P 500, Dow futures fall as Wall Street weighs CPI inflation print - Stock Market Movements Stock futures for the Nasdaq, S&P 500, and Dow Jones Industrial Average fell as Wall Street analyzed the latest Consumer Price Index (CPI) inflation data. Economists have been closely monitoring the CPI as an indicator of inflation and its potential impact on Federal Reserve policy. An increase in inflation can lead the Federal Reserve to raise interest rates to cool down the economy, while a decrease can indicate a more stable economic environment. Economic Indicators and Market Reactions The stock market's reaction to the CPI report was mixed. While some sectors experienced gains, others saw declines due to...

EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive' - EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive' In an interview on ​CNBC, Cohen, dressed in a black leather jacket and T-shirt, ​did not offer much explanation on how GameStop would finance the $56 billion purchase price. When pressed, Cohen said the ‌deal would be paid for with cash and stock. ​His short answer prompted awkward silences in ​the interview. Cohen wrote to eBay's board that he would serve as the combined company's CEO and would take no salary, cash bonuses or golden parachutes. The 40-year-old billionaire cemented his fame and fortune by co-founding and then selling online pet foods retailer Chewy ​and then by...

Wall Street says stock market euphoria has echoes of 1999, but a firmer foundation - "Wall Street says stock market euphoria has echoes of 1999, but a firmer foundation" No one put it more bluntly than investor Michael Burry on Friday after consumer sentiment hit a fresh low and the jobs report showed a resilient but unspectacular labor market. "Stocks are not up or down because of jobs or consumer sentiment," Burry wrote. "They are going straight up because they have been going straight up. On a two letter thesis that everyone thinks they understand." This article has been published in yahoo.com via Yahoo News...

Stock market today: Nasdaq, S&P 500 futures fall, Dow stalls as Wall Street braces for CPI inflation data - Stock Market Today: Nasdaq, S&P 500 Futures Fall, Dow Stalls as Wall Street Braces for CPI Inflation Data U.S. stock futures edged lower in early trading, with investors keeping a close eye on upcoming inflation data. The Nasdaq and S&P 500 futures registered declines, while the Dow Jones Industrial Average was mostly unchanged. Upcoming inflation data is anticipated to shed light on consumer price trends, with investors looking for clues about potential Federal Reserve actions regarding interest rates. The Consumer Price Index (CPI) report is expected to be a critical driver for market sentiment. In addition to inflation...

Microsoft CEO says he was never given 'clarity' on why Altman was fired from OpenAI during Musk trial - Microsoft CEO says he was never given 'clarity' on why Altman was fired from OpenAI during Musk trial Microsoft CEO Satya Nadella recently testified during Elon Musk’s trial, stating that he was never provided "clarity" on the reasons for the sudden firing of Sam Altman from OpenAI. Nadella's statement sheds light on one of the most surprising developments in the AI sector. The dismissal of Altman, an influential figure in AI research, took many by surprise and has continued to be a topic of speculation. Microsoft, which has invested significantly in OpenAI, found itself in an unexpected position following Altman's departure...

Sui Crypto Outpaces Market with 37% Surge as Institutional Staking TVL Hits New Milestones - Sui Crypto Outpaces Market with 37% Surge as Institutional Staking TVL Hits New Milestones Sui (SUI) has recently gained significant traction, outpacing the broader crypto market with an impressive 37% surge. The digital currency's total value locked (TVL) in institutional staking has reached new heights, pointing towards increased investor confidence and adoption. Sui's recent performance underscores its potential as a formidable player in the cryptocurrency space. The growth can be attributed to strategic partnerships, technological advancements, and the increasing institutional interest in blockchain technologies. The rise in staking TVL...

Bank of England Chief Flags ‘Coming Wrestle' With US on Stablecoin Oversight - Bank of England Chief Flags 'Coming Wrestle' With US on Stablecoin Oversight The FSB's chair was pointing to a specific risk in his warning: that the U.S. framework has externalized redemption pressure to jurisdictions with stronger convertibility guarantees, Jamie Green, COO at Superset, told Decrypt. "He's worried the UK ends up absorbing the redemption risk that the U.S. framework has externalised," Green said, adding that holders in jurisdictions with stronger guarantees could become an “exit route” during stress events. White House Targets July 4 for Clarity Act Passage: Crypto Adviser The U.S. framework extends redemption to a seven-day window...

We’ve calculated your chances of winning money on Polymarket - The most profitable participants on Polymarket are highly skilled at selecting what to bet on, as evidenced by their frequent wins, which are statistically unlikely to be merely by chance. These individuals appear to have some form of advantage, such as expertise, in-depth research, or possibly even inside knowledge. This article has been published on washingtonpost.com via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/weve-calculated-your-chances-of-winning-money-on-polymarket-155955143.html

Gold-Backed DeFi Acquisition Could Transform Functional Brands (MEHA) Into Blockchain Finance Player - The shift towards gold-backed digital finance may attract speculative interest from traders focused on blockchain and fintech themes, particularly because the transaction centers on gold-backed digital finance rather than traditional cryptocurrencies alone. The proposed ecosystem also attempts to address a key issue within decentralized finance: collateral credibility. By anchoring products to audited physical gold reserves, the platform could position itself differently from purely fiat-backed or algorithmic crypto systems. At the same time, the acquisition introduces significant execution and strategic risks. The valuation is...

OpenAI Just Launched a Consulting Arm to Help Companies Deploy AI - OpenAI Just Launched a Consulting Arm to Help Companies Deploy AI COO Brad Lightcap, who shifted to a special projects role in April, is overseeing the venture. Chief Revenue Officer Denise Dresser, who spent over a decade at Salesforce before running Slack, will lead commercial operations. OpenAI's enterprise market share has taken hits. Its API share reportedly dropped from around 50% in 2023 to roughly 25% by mid-2025, as Anthropic and Google made inroads. The Deployment Company is a structural response: Rather than competing on model benchmarks alone, OpenAI is building an implementation moat around its frontier models. The AI giant projects reaching $85...

Morning Minute: The Clarity Act Markup Comes May 14 - Morning Minute: The Clarity Act Markup Comes May 14 The second filing brings BlackRock’s Select Treasury Based Liquidity Fund onchain, a traditional money-market fund with nearly $7 billion in assets under management. Alongside these two filings, BlackRock separately expanded its existing BUIDL fund to BNB Chain and Solana, and integrated it with DeFi platforms including Uniswap and Euler. Total BUIDL AUM now sits at $2.4 billion across eight blockchains. Meanwhile, the broader RWA market has grown 200% year-over-year to surpass $30 billion. The great TradFi tokenization push continues, and BlackRock wants its piece of the pie… LayerZero Finally Admits Mistake in KelpDAO...

Circle Raises $222M in Arc Token Presale at $3B Valuation - Circle Raises $222M in Arc Token Presale at $3B Valuation Circle, a prominent player in the financial technology space, has announced that it has successfully raised $222 million in a presale for its Arc token. This fundraising effort places Circle at a substantial $3 billion valuation. This move marks another strategic step for Circle as it works to expand its influence and capabilities within the blockchain and cryptocurrency industry. Arc is positioned as the cornerstone of Circle's efforts to provide a comprehensive suite of blockchain-based financial services. With significant backing from both existing and new investors, Circle aims to leverage the funds to enhance...

- Building Wealth Across More Than Just the Market Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry. Connect Invest Connect Invest is a real estate investment platform that allows...

- Bitcoin News Today: What the Fed’s Next Move Means for Your Portfolio The fair counter-argument is that Bitcoin still correlates with equities under acute macro stress; March 2020 and late 2022 both demonstrated that. Crypto market volatility doesn’t disappear just because the macro narrative is favorable. In ETF-related Bitcoin news today, the structural bid is changing: sovereign-level accumulation, ETF inflows absorbing liquid supply, and a legislative framework that would formalize US government demand represent demand sources that didn’t exist in prior cycles. Bitwise CIO Matt Hougan called the current legislative surge “a once-in-a-decade catalyst,” projecting BTC could reach $150,000 by year-end if the Clarity Act passes...

- Are Crypto Cards Quietly Beating Traditional Cashback Cards — Which Offers Better Rewards? If a card spends crypto by converting it to fiat at the time of purchase, the platform may apply a spread. Even a small spread can eat into a reward that looks generous on the surface. Tax treatment adds another layer. Spending Bitcoin, Ether, or other volatile crypto assets may be treated as a taxable disposal in some jurisdictions. Frequent card spending can create many small events that users need to track. Stablecoins Push Crypto Cards Closer to Mainstream Payments Stablecoins are also changing the card comparison. Visa said on April 29 that its stablecoin settlement pilot had reached a $7 billion annualized run rate, up 50% quarter over...

- Drone Hits Ship Near Qatar as US Awaits Iran Peace Plan Response For now, Iran is signaling no let-up in its effective closure of the Strait of Hormuz. A ceasefire has been in place since April 8. “From this point forward, countries that comply with US sanctions against Iran will face difficulties in passing,” army spokesman Mohammad Akraminia said in an interview with the state-run Islamic Republic News Agency on Sunday. Another government media report said Iranian Supreme Leader Mojtaba Khamenei met one of the country’s top military officials and issued “new directives” to confront their enemies. There were no more details. IRIB News didn’t include any footage of Khamenei, who hasn’t been publicly seen or heard since he was...