The S&P 500 closed above 7,600 for the first time, led by AI stocks. Marvell surged 32% on Nvidia optimism, while crypto fades as a contrarian bet.
Upside call skew for Nvidia and semiconductors spikes to record levels. Susquehanna warns of crowded momentum and advises adding hedges before late summer.
Chinese AI startup DeepSeek secures $7.4B in first funding round from Tencent, CATL, and others, valuing it up to $59B. The deal signals China's push for AI self-sufficiency.
As peers Indonesia and Sri Lanka hike rates, India faces a weak rupee and rising inflation ahead of RBI's decision.
US Hellfire missile hits Iranian tanker in Strait of Hormuz after crew ignored 24-hour warnings, escalating geopolitical tensions and impacting global markets.
Bitcoin slides below $68K amid record ETF outflows, Mt. Gox fears, and geopolitical uncertainty. Ethereum languishes under $2K. On-chain data shows capital inflows near zero.
Markets swing on conflicting Iran-Israel signals: oil spikes, gold steadies, and Bitcoin crashes below $70K amid geopolitical uncertainty.
Japan's ruling party recommends crypto ETF regulations and yen-denominated stablecoin support, aiming to catch up with global crypto finance developments.
Bitcoin Hyper integrates Solana Virtual Machine on Bitcoin, enabling sub-second finality and low-cost smart contracts. A technical breakthrough bridging two ecosystems.
Anthropic files IPO, OpenAI prepares listing as SoftBank bets big on AI. Institutional capital flows out of Bitcoin ETFs into AI stocks, marking a pivotal market shift.
Robinhood launched its public testnet for Robinhood Chain on Arbitrum, recording 4 million transactions in its first week.
Amazon's Prime Day, set for June 23-26, arrives as consumer sentiment hits a record low. Shoppers are expected to prioritize essentials and deals amid inflation.
Trust Wallet's new AI agent kit TWAK enables autonomous crypto transactions across 25+ chains, signaling a shift toward machine-driven finance.
CoinMarketCap launches AI Agent Skills Marketplace with four terminal-ready routes: CLI, MCP, x402, and API. A technical deep dive.
Institutional investors pivot from crypto to equities as AI optimism drives record inflows, reshaping market dynamics.
Li-Ning partners with Curry Brand to expand in China, leveraging local production and retail networks. The deal targets basketball market growth.
Oracle Corp. enters prediction markets, aiming to bridge event contracts with DeFi protocols for collateral reuse, yield strategies, and oracle feeds.
Senator Lummis warns that stalling the CLARITY Act could delay U.S. crypto regulation until 2030, driving institutional capital abroad. TON rebrands to Gram.
Iran escalates tensions, threatening to block Strait of Hormuz, sending oil prices up 6%. Global markets react as ceasefire hopes fade.