Latest Market News
Silver Steadies as Binance Updates Precious Metals Perpetuals
Silver firms to $73.03 as Binance aligns precious metals perpetuals with crypto-style liquidation, ahead of key US jobs data.
Solana Liquidity Merge with Bitcoin and Ethereum via Layer 3
Solana liquidity to fuse with Bitcoin and Ethereum via Layer 3 protocol; a16z raises $2.2B crypto fund backing Solana.
South Africa Rand Gains on Dollar Weakness, Global Shocks Loom
South African rand strengthens 0.7% against dollar as risk appetite returns, but global energy shock threatens growth and employment outlook.
S&P 500 Futures Dip as US-Iran Truce Hopes Fade
S&P 500 futures edged down 0.1% amid dimming US-Iran truce prospects and elevated oil prices, with Asian markets closed.
Spanx Founder's Journey: From Startup to Blackstone Deal
Sara Blakely founded Spanx in 2000; after two decades of growth, Blackstone acquired a majority stake in 2021. Key lessons in entrepreneurship.
Stablecoin Yield Key to Crypto Legitimacy, ADA Eyes $0.30
A clean markup for fully reserved stablecoins is crucial for crypto legitimacy, while ADA aims to break resistance near $0.28.
Tesla, SEC Settle; Musk's OpenAI Trial Reveals Self-Driving Work
SEC settles with Elon Musk over Twitter purchase disclosures; trial reveals secret Tesla self-driving work at OpenAI.
Tether's USDT Leads $320B Stablecoin Market
Tether's USDT dominates the $320 billion stablecoin market, highlighting its pivotal role in crypto liquidity and trading.
TLT ETF Drops 76 Bps as Options Skew Negative
The iShares 20+ Year Treasury Bond ETF fell 76 bps amid negative options action. Gold and oil remain hot trades.
Tron in Focus: WLFI Lawsuit, MOEX Index Launch
Justin Sun faces defamation countersuit from Trump-linked WLFI; Moscow Exchange to list TRX index.
Trump Invites South Korea to Join Iran Mission Amid Market Turmoil
Trump's call for South Korea to join Iran mission adds to market fears as oil prices rise and indices fall.
UAE Under Attack: Iran Ceasefire Holds Despite Missile Strikes
UAE faces Iranian missile and drone attacks, but US says ceasefire with Iran remains intact. Economic data awaited.
UniCredit Posts Record Q1, Targets Commerzbank Takeover
UniCredit reports record Q1 earnings and pursues a controversial takeover of Germany's Commerzbank despite political pushback.
US Dollar Firms Amid Middle East Tensions; Ripple CEO Warns on Crypto Bill
The US dollar strengthened on war fears as Iran denied border crossings. Ripple's CEO warns Senate has two weeks to pass crypto legislation.
USDC’s Role in Finance Grows: Wells Fargo Highlights Circle’s Potential
Wells Fargo says Circle’s USDC is an underappreciated winner in crypto, bridging traditional finance and payments. Regulatory clarity may boost stablecoins.
Vodafone Buys CK Hutchison's Stake in Joint Venture
Vodafone acquires full ownership of VodafoneThree JV by buying CK Hutchison's stake, amid falling oil prices.
Wells Fargo: Circle Is an Underappreciated Crypto Winner
Wells Fargo says Circle, issuer of USDC stablecoin, is underestimated as a foundational layer of digital assets.
Xiaomi Gains in China EV Market, Rivals Surge
Xiaomi sees growth in April EV sales, while BYD, Leapmotor, and Zeekr also report strong numbers. Key takeaways on China's EV race.
Yen Intervention Fails to Stem Slide Amid Geopolitical Tensions
Japan's yen intervention provides temporary relief but analysts warn of further weakness amid US-Iran tensions and rate differentials.
Yen Steady Near 157 After Suspected Intervention; Oil Slips
USD/JPY holds near 157 as Tokyo intervention fears persist. Oil dips 1.3% on demand concerns. US earnings beat expectations.