Trump announced that he's raising EU auto tariffs to 25% from 15% "next week" in a surprise move. "I am pleased to announce that, based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged to the...</p
Oil prices head for a weekly close below $110 after wild swings, as Iran’s negotiation proposal cools markets while uncertainty over Trump’s war-powers deadline keeps traders on edge. Oil prices head for a weekly close below $110 after wild swings, as Iran’s negotiation pr
The Bitcoin mining company's pivot to AI infrastructure hosting generated its first data center revenue as AMD expanded its capacity. The Bitcoin mining company's pivot to AI infrastructure hosting generated its first data center revenue as AMD expanded its capacity.
ICYMI: Asia & EMEA news recap from James Hunt at The Block 👇 ⛏️ Riot data center revenue grows Riot posted $33.2M in Q1 data center revenue as AMD doubled capacity commitments. 🔗 Link 🧑⚖️ Bithumb suspension paused A court granted a stay on the exchange’s six-month suspension. 🔗...</stron
Defying some analysts’ expectations, Kazakhstan has opted not to follow the United Arab Emirates in abandoning OPEC’s oil production quotas. Defying some analysts’ expectations, Kazakhstan has opted not to follow the United Arab Emirates in abandoning OPEC’s oil production
Pres. Pres. Trump on a Truth Social post says he will increase tariffs on European cars and trucks next week to 25% citing that they are not fully agreeing to the trade deal. Stocks have come off a bit on the news but they still remain in positive territory. The US
Outflows from Ethereum ETFs extended to a 4-day streak as Bitcoin funds shed $490 million, even as the S&P 500 hit an all-time high. Outflows from Ethereum ETFs extended to a 4-day streak as Bitcoin funds shed $490 million, even as the S&P 500 hit an all-time high.
USD/JPY steadies after Japan’s intervention checks Yen slide USD/JPY turns flat in the day after diving to a daily low of 155.48 during Friday’s session, in the aftermath of two straight days of Japanese authorities intervening in the FX markets to strengthen the Yen, which had...</strong
Russia remains Syria’s top oil supplier and has even boosted its sales so far this year despite the fact that the Middle Eastern country emerged from a 14-year-long civil war leaning West and deposing Russia-backed leader Bashar al-Assad. Russia remains Syria’s top oil sup
Bitcoin is pushing higher today, with price action gaining momentum as it breaks above both key short-term barometers—the 100-hour moving average at $76,638 and the 200-hour moving average at $77,267. Bitcoin is pushing higher today, with price action gaining momentum as i
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