Arthur Hayes Sells HYPE and NEAR, Warns Market May Peak Before September BitMEX co-founder Arthur Hayes said he has sold all of his HYPE and NEAR holdings and will explain the move in his upcoming essay "Reality Test" next week. Hayes cited rising energy prices from the Ir
Cardano’s ADA token fell nearly 10 percent following founder Charles Hoskinson’s remarks on ecosystem setbacks and his decision to step back. Cardano’s ADA token fell below $0.20 for the first time in over five years, extending its annual decline to nearly 70 percent. The
The White House will use a Cold War-era law to fund coal power upgrades, citing national security concerns. The Trump administration plans to allocate $700 million to support coal power generation, invoking the 1950 Defense Production Act. The funds will upgrade over 12 co
Diplomatic progress in the Middle East eases supply disruption fears, pressuring oil prices despite steep US inventory declines. West Texas Intermediate crude fell to around $93.10 in early European trading Thursday after Israel and Lebanon agreed to renew a ceasefire. The
A ceasefire agreement between Israel and Lebanon eases supply concerns, while geopolitical tensions support the USD and pressure oil prices lower. Israel and Lebanon agreed to a ceasefire framework, reducing immediate geopolitical risks in the Middle East. The deal, contin
Australia’s Q1 2026 GDP growth of 0.3% signals cooling momentum, with CBA forecasting further deceleration by year-end. Australia’s economy expanded 0.3% in Q1 2026, matching annual growth of 2.5%, driven by household spending and data centre investment. The result aligns
Ceasefire agreement eases Middle East supply disruption fears, pushing oil prices higher in immediate trading. Israel and Lebanon agreed to renew a ceasefire after US-mediated talks, requiring Hezbollah to halt attacks. The deal includes pilot security zones controlled exc
Oil prices fell slightly on hopes of a ceasefire The IEA warned of a potential stockpile issue, while a deeper crude draw added to Wednesday's oil rally. Banks are warning that a Hormuz closure could push oil markets toward a supply tipping point. The $150
US-brokered agreement requires Hezbollah to evacuate southern Lebanon before ceasefire takes full effect by late June. Israel and Lebanon have agreed to a US-mediated ceasefire framework, contingent on Hezbollah’s complete withdrawal from southern Lebanon. The deal include
Rising oil and gas prices due to Middle East tensions are stoking inflation and dampening economic outlook in the Eurozone and EU. The European Union and Eurozone face renewed energy market pressures as the Iran war enters its fourth month, driving up oil and gas prices. T
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