Kuwait air defenses respond to hostile missile and drone attacks Iran has launched attacks against Kuwait, a northern gulf neighbor, following earlier exchanges between Iran and the US around Hormuz. Oil prices are climbing as a result. The US has sanctione
Kraken’s new non-custodial Bitcoin vault surpasses $30 million in deposits as stablecoin yield products near $245 million. Kraken’s newly launched Bitcoin yield product secured $30 million in deposits from 4,000 unique wallets within 10 hours. The product converts Bitcoin
Chicago Fed President links rising oil prices to potential rate hikes, even amid expectations of productivity-driven growth. Chicago Fed President Austan Goolsbee stated that supply shocks, particularly from oil, could exacerbate inflation risks tied to anticipated product
GBP softens to near 1.3400 against USD The British Pound has weakened against the US Dollar. The GBP/USD pair attracted sellers near 1.3400 during Asian trading hours. Fresh geopolitical tensions between the US and Iran have boosted the safe-haven US Dollar
Geopolitical tensions lift the safe-haven USD, pressuring the GBP ahead of key US PCE inflation data later Thursday. The GBP/USD pair retreated toward 1.3400 in Asian trading Thursday as fresh US military strikes in Iran bolstered demand for the safe-haven US Dollar. The U
Arthur Hayes argues venture capitalists dump tokens to lock in profits, depriving holders of protocol-level cash flows. BitMEX co-founder Arthur Hayes stated most crypto tokens fall because projects retain protocol revenue instead of distributing it to holders. He cited ea
The government forecasts a narrower 2025/26 deficit of NZ$15.06 billion but downgrades 2026/27 GDP growth to 2.3%. New Zealand’s 2025/26 budget deficit is projected at NZ$15.06 billion, an improvement from the NZ$16.93 billion forecast in December. The 2026/27 deficit is e
Brent crude hits $96 per barrel as prolonged Iran conflict keeps energy prices elevated, risking stagflation for Asian economies. Chicago Federal Reserve President Austan Goolsbee stated energy inflation linked to the Iran conflict has lasted longer than anticipated, press
Washington targets Iran’s toll-collection body for the Strait of Hormuz, escalating pressure amid ongoing geopolitical tensions in the key oil chokepoint. The US Treasury sanctioned Iran’s Persian Gulf Strait Authority, the entity managing vessel transit requests and tolls
NVIDIA shares retreat from $236.40 high, trading near critical short-term support levels before potential bullish signals emerge. NVIDIA Corp (NVDA) has pulled back from a recent high of $236.40, trading near a short-term decision zone between $210.50 and $212.50. The stoc
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