Binance reports 77% of users in emerging markets treat exchanges like banking apps
Binance’s user base has undergone a quiet but dramatic demographic shift. The exchange now counts 77% of its users from...
Market Analysis
UAE exits OPEC after 59 years, escalating tensions with Saudi Arabia over oil production
The United Arab Emirates is leaving OPEC. After nearly six decades of membership, the Gulf state announced its departure from...
European Central Bank’s Escrivá calls for finance infrastructure review due to AI risks
José Luis Escrivá, one of the European Central Bank’s most vocal voices on modernization, is pushing central banks to take...
Corporate America posts record earnings, fueling US stocks’ rally
Wall Street braced for pain. What it got instead was one of the strongest earnings seasons in two decades. A...
SLB, Baker Hughes CEOs warn Iran war will reshape global energy markets
The Strait of Hormuz, a narrow chokepoint that normally handles roughly a fifth of the world’s oil transit, has effectively...
Sony, Nintendo face memory price surge amid AI demand
The AI industry’s insatiable appetite for memory chips is now hitting gamers where it hurts: their wallets. Sony and Nintendo...
Boston Fed president Collins warns Iran conflict energy shocks could keep rates elevated, pressuring crypto
Susan Collins, president of the Boston Federal Reserve, used a May 7 appearance on Bloomberg’s “Big Take” podcast to deliver...
Payward applies for OCC charter to become federally regulated crypto bank
Kraken’s parent company, Payward, has filed an application with the Office of the Comptroller of the Currency to establish a...
Trump expresses hope for extended Russia-Ukraine ceasefire as crypto markets react
A three-day ceasefire between Russia and Ukraine, brokered with US backing, has opened the door to something markets haven’t priced...
Israel urges US to bomb Iran’s energy infrastructure within 24 hours as crypto markets brace for impact
Israel has urged the United States to bomb Iran’s energy infrastructure within 24 hours, a move designed to break a...
Trump administration appeals court ruling that blocked IEEPA tariffs
The Trump administration is taking its tariff fight to the Supreme Court after a federal appeals court ruled that the...
Cloudflare forecasts slower growth, disappointing AI-focused investors
Cloudflare delivered a Q1 earnings beat and still watched its stock crater. The company posted adjusted earnings per share of...
BNB Chain’s China-related tokenized stocks surge to $9.3M in value
Tokenized stocks tied to Chinese companies on BNB Chain have exploded from $316,000 to $9.3 million in market value this...
US economy adds 115,000 jobs in April, unemployment steady at 4.3%
The US labor market just delivered its second consecutive month of solid job gains, with nonfarm payrolls growing by 115,000...
Bitwise ranks banks with broadest crypto exposure, including BNY Mellon and JPMorgan
Bitwise has assembled a ranking of traditional banks with the widest-ranging cryptocurrency exposure, and the names at the top read...
US adds 115K jobs in April, unemployment rate holds at 4.3%
The US economy added 115,000 nonfarm payrolls in April, nearly doubling the consensus forecast of roughly 65,000 jobs. The unemployment...
Russia and Ukraine agree to three-day ceasefire, Trump says
Russia and Ukraine have agreed to a three-day ceasefire and prisoner exchange starting Saturday, May 9. President Donald Trump announced...
Federal Reserve releases Financial Stability Report assessing US financial system
The Federal Reserve Board has released its latest Financial Stability Report, a semi-annual deep dive into the health of the...
Ukraine confirms US-brokered ceasefire and prisoner exchange
Ukrainian President Volodymyr Zelenskiy has confirmed a US-brokered prisoner exchange with Russia, the first such swap since October 2025. The...
CFTC Commitments of Traders report shows equity bulls gaining ground for week ended May 5th
The CFTC’s latest Commitments of Traders report, covering the week ended May 5th, paints a picture of traditional finance positioning...
Boston Fed President Collins warns Iran conflict fueling inflation, signals rates staying higher for longer
Boston Federal Reserve President Susan Collins went on Bloomberg’s ‘Big Take’ podcast on May 7 and delivered a message crypto...
Cloudflare stock plunges more than 20% as 1,100 job cuts overshadow Q1 earnings beat
Cloudflare shares plunged more than 20% Friday after the company’s better than expected Q1 results were overshadowed by plans to...
