Treasury Secretary confirms $215 billion Bitcoin reserve while Senate reviews digital asset legislation to clarify regulatory oversight. The US Treasury holds 328,372 BTC, valued at approximately $215 billion, according to testimony at a Senate Finance Committee hearing. T
The new HYPG fund provides direct exposure to HYPE tokens and includes staking rewards historically yielding 2.2% to 2.3%. Grayscale introduced its Hyperliquid Staking ETF (HYPG) on Nasdaq, targeting cost-sensitive investors. The fund combines direct HYPE token exposure wi
Symbolic US House resolution limits Trump’s Iran military authority as banks warn of potential $150 Brent crude amid Gulf tensions. The US House of Representatives passed a resolution restricting President Donald Trump’s war powers against Iran by a 215-208 vote. The measu
JPMorgan forecasts Strait reopening in June The Strait of Hormuz closure is pushing oil markets toward a supply tipping point. A prolonged closure could push Dated Brent to $150 per barrel. The closure remains a significant concern for the oil market, with a ceas
Cardano’s ADA token fell to $0.20, its lowest price in over five years, amid broader crypto declines and ecosystem struggles. Cardano’s ADA token slumped to $0.20, its lowest level since 2019, as cryptocurrency markets extended losses. The decline marks a 70% drop over the
Rising tensions in the Middle East and stronger US data push the USD higher while oil prices and Treasury yields rise. The US dollar firmed on Wednesday as geopolitical risks escalated, lifting oil prices and Treasury yields. The May ISM services index rose to 54.5, exceed
The new Fasset Card enables spending of USDT and tokenized real-world assets in markets lacking traditional banking infrastructure. Tether introduced a Visa card that allows users to spend tokenized gold stablecoins and earn crypto rewards. The product targets global marke
Cybersecurity firm CrowdStrike reported adjusted EPS of $1.10 and revenue of $1.39 billion, exceeding expectations amid AI-driven growth. CrowdStrike surpassed Wall Street estimates for its fiscal first quarter, posting adjusted earnings of $1.10 per share and revenue of $
Three RBA governors testify before Australia’s Senate amid expectations of a June rate pause after three consecutive hikes this year. Reserve Bank of Australia Governor Michele Bullock and two assistant governors will appear before the Senate Economics Legislation Committe
Bitmine's Ethereum holdings decline sharply, erasing nearly $9 billion in value amid a broader crypto market pullback. Bitmine Immersion Technologies, the largest corporate holder of Ethereum, reports unrealized losses of $8.9 billion as ETH falls below $1,800. The decline