In 2025, the United States remained the world's largest oil producer and consumer, producing 13.6 million barrels per day of crude plus condensate and 21.1 million barrels per day of total liquids, nearly double Saudi Arabia's output. This dominance stems from the shale boom, which boosted both crude oil and natural gas liquids production. Despite record production, the US still heavily relies on oil consumption, using 19.4 million barrels per day. Meanwhile, global demand growth is driven mainly by non-OECD countries, especially in Asia, highlighting the US's central role in both supply and demand in the global oil market. This dual position underscores the complexity of the US energy landscape and its ongoing influence on global oil dynamics.
Crypto derivatives markets saw $111.7 million in liquidations over 24 hours, led by Ethereum with $51.49 million, more than double Bitcoin's $20.01 million. Long positions were hit harder overall, indicating bearish pressure and pullbacks affected bu...
Shibarium, the layer 2 blockchain for Shiba Inu, experienced a sharp 75% drop in daily transactions from 5,170 on July 10 to 1,280 on July 11, following a brief surge the day before. This volatility reflects broader market trends where rallies are qu...
A market analyst predicts Bitcoin's price could fall to between $30,000 and $40,000 due to significant challenges, including its use by US adversaries like Iran and North Korea for illicit transactions and sanctions evasion. This use case might promp...
Hyperion and Hyperliquid are currently the only decentralized asset tokens (DATs) reporting positive unrealized profit and loss, indicating profitable open positions amid market conditions. This reflects growing interest and potential volume growth f...
Elon Musk and Sam Altman reignited their public feud on social platform X following Apple's lawsuit accusing OpenAI of stealing trade secrets. Musk criticized Altman, calling him a scammer, while Altman responded by highlighting OpenAI's latest AI mo...
