Iranian Light crude trades at a $0.50-$1 discount to ICE Brent as China’s refiners reduce purchases to multi-month lows. Iranian Light crude has fallen to discounts of $0.50 to $1 per barrel against ICE Brent, the first such decline in two months. The shift follows a sharp
President Trump states final negotiations are underway to conclude the US-Iran war, following a House vote to limit his war powers. President Trump announced on Truth Social that the US is in the final stages of negotiations to end the conflict with Iran. He criticized a r
Analysts cite MicroStrategy's potential BTC rebound, stable ETF holdings, and reduced liquidations as signs of a bottom. Standard Chartered’s digital assets research head Geoff Kendrick suggests bitcoin’s recent sell-off may be nearing a low, citing three factors. MicroStr
Spacecoin signs deal to build decentralized satellite network Spacecoin has signed an exclusive MoU with DETI Technology to deploy decentralized satellite communications in Vietnam. The deployment will serve two of Vietnam’s largest mobile carriers, Mobifone and Gt
The exchange launches 24/7 USDC-settled perpetual futures for private firms, starting with SpaceX for non-US users. Coinbase has introduced pre-IPO perpetual futures, beginning with SpaceX as the first listed private company. The contracts, available to eligible users outs
Legislative hurdles and stablecoin yield disputes may delay the Clarity Act until after U.S. elections, JPMorgan analysts warn. JPMorgan analysts cautioned that the Clarity Act, a proposed U.S. crypto market structure bill, has a narrowing window for passage before midterm
Australia’s trade balance swung to a surplus, supporting the AUD as the pair climbed 0.08% to 0.7135. The Australian Dollar gained ground against the USD, trading at 0.7135, up 0.08% after Australia’s trade balance returned to surplus. The shift provided modest support ami
April trade data shows a rebound to a A$1,791M surplus, boosting the Australian Dollar amid RBA policy expectations. The Australian Dollar rose modestly after trade data revealed a A$1,791M surplus in April, reversing a revised A$1,024M deficit in March. Exports surged 7.2
BTC recovers to $62,500 after $3 billion in liquidations, but put options at $60,000 exceed $1 billion in open interest. Bitcoin stabilized above $60,000 after plunging to $61,300 and rebounding to $62,500, triggering $3 billion in liquidations over two days. Open interest
Eurozone retail sales fell 0.4% in April, but a weaker USD and geopolitical optimism lift the EUR/USD pair. The Euro climbed to 1.1630 against the US Dollar in European trading, reversing losses despite weaker-than-expected Eurozone retail sales data. A 0.4% decline in Apr
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