Wall Street added roughly $350 billion in market value within 15 minutes after Axios reported that US and Iranian negotiators had reached a draft ceasefire deal. Bitcoin (BTC) moved the other way, sli

SpaceX’s June 12 listing is triggering a parallel pricing race in crypto. Synthetic perpetuals on Hyperliquid already imply a $2 trillion valuation for the rocket and satellite-internet group.Three fo

The S&P 500 hit another record on Tuesday, reaching 7,539.8 during the session and putting the index on pace for a nine-week winning run, its first since 2023. Tech did most of the heavy lifting because, of course, Wall Street went right back to worshiping chips after the long weekend. The Nasdaq Composite also reached...

Is Elon Musk really planning to put SpaceX and Tesla (TSLA) under one roof? It’s all anyone’s talking about on Wall Street, in executive offices, regarding AI expenditure, rockets, and some strange family tree of businesses. SpaceX is getting ready for a Nasdaq listing in a little over two weeks, after hitting a private value...

SpaceX has received a $2.29 billion contract from the US Space Force to build a major military satellite communications network known as the “Space Data Network Backbone” (SDN Backbone). The project w

Silver (XAG/USD) slipped 2.1% on Thursday to trade near $73, putting bears within striking distance of the $71 swing low. A break would expose the long-term 0.618 Fibonacci retracement at $69.Meanwhil

Iranian state television outlined a draft US-Iran framework on Wednesday. It would lift the US naval blockade and reopen the Strait of Hormuz to pre-war commercial traffic within a month.WTI crude sli

Gold (XAU) is sliding toward the $4,376 support zone as bearish momentum accelerates. The metal broke down from a parallel triangle on May 15 and trades near $4,410 after a 2% daily drop.Both daily an

Reports of a near-final US-Iran draft brokered by Pakistan added roughly $500 billion to US equities on May 21. WTI crude oil slid to $96.23, while Bitcoin (BTC) edged higher on ceasefire optimism.Al

Gold price sits at $4,491 below most of its short-term moving averages, with commercial hedgers stacking shorts at the top while speculators add longs.The breakdown sits inside a five-month falling ch

Bitcoin’s anticipated recovery above is looking increasingly bleak due to the formation of a bearish flag. The leading cryptocurrency has fallen further below $74,000 in the past 24 hours, and

Traders pulled over 204 billion SHIB tokens off exchanges in a single day, a 3.6% jump from the day before, even as demand for Shiba Inu futures contracts slid sharply. Related Reading: Bitcoin’s

ETH traded below $2,000 for the first time since Q1, while social media sentiment shows signs of capitulation and doubts about the future of Ethereum.

Bitcoin is showing a monthly momentum signal that has appeared near several major cycle lows, which raises the possibility that the current correction is entering its final stage.  The setup is

As Dogecoin (DOGE)’s price attempts to hold a crucial support level, an analyst flagged potentially bullish technical setups that could set the stage for a major move in the coming months. Related

New York City Mayor Zohran Mamdani announced the Commission on Government Efficiency (COGE) on Thursday, framing the charter review as a deliberate counterpoint to the federal DOGE effort that collaps

The OpenAI Foundation unveiled on Wednesday plans to invest $250 million into grants, collaboration initiatives, and other efforts aimed at helping people cope with AI-related job displacements. This is the first-ever OpenAI spending initiative targeting the issue of automation-related labor displacement. Three main priorities guide the allocation of the funds as per the foundation’s statements;...

Huawei may have just challenged one of the biggest assumptions driving the AI boom, that advanced chips will remain scarce, expensive, and dominated by Western companies like Nvidia and TSMC.At the 20

Kevin Warsh was sworn in as the 17th Chair of the Federal Reserve on May 22. With this, he effectively replaced Jerome Powell after a narrow Senate vote and inherited sticky inflation, a $6.7 trillion

Iran is now facing Donald Trump’s sixth public run at a ceasefire deal, and the latest version is also being sold as close, but not finished.

The European Union has been cautioned that the restrictive nature of the MiCA (Markets in Crypto-Assets) regulation will harm the bloc’s global competitiveness when it comes to stablecoin development and proliferation.  Despite the digital euro facing heavy skepticism, euro-dominated stablecoins have experienced an increase in popularity due to increased regulatory clarity. Meanwhile, the digital euro’s […]

Inflation is staying hot for longer, and IMF Managing Director Kristalina Georgieva says the Iran war is a big reason why. Speaking Sunday on CBS’ Face the Nation, Kristalina said the economic pain is spreading well beyond the countries involved in the fighting. Kristalina explained that countries close to the conflict are taking a hard […]

State Street says the US dollar could fall up to 10% this year if the Fed cuts rates more than expected.

The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Tuesday ahead of the interest rate decision by the Reserve Bank of Australia (RBA) due later in the day.

The AUD/JPY cross drifts lower near 107.70 during the early European session on Friday. The expectations of coordinated US-Japan intervention could provide some support to the Japanese Yen (JPY) against the Australian Dollar (AUD).

A year-old Donald Trump quote urging Americans to “buy stock now” is back at the top of crypto Twitter. The clip is paired with a Wellington-Altus forecast that sees the S&P 500 climbing to 8,000 by y

US equities rebounded as the S&P 500 climbed to $6,976, before correcting. Earlier in the week, the benchmark index closed just shy of its prior record before briefly moving higher in subsequent tradi

Barclays has increased its earnings and price projections for the S&P 500 through 2025 and 2026, attributing the upgrade to stronger-than-anticipated corporate results in the first half of the year and a robust earnings landscape despite trade tensions and labor challenges.

S&P 500 and Nasdaq futures climbed modestly on Tuesday evening, fueled by strong gains in Alphabet Inc. after a court handed down a less stringent antitrust ruling than initially feared.

Asian equities declined on Wednesday, following Wall Street's losses driven by escalating concerns over U.S. trade tariffs.