Crude oil futures dropped sharply as traders removed the geopolitical risk premium that had been supporting prices due to tensions around Iran and the Strait of Hormuz. Optimism about progress in US-Iran negotiations shifted focus from supply disruptions to potential improvements in oil flows. However, physical supply and shipping issues remain unresolved, making the market reaction more about sentiment than immediate changes. Technical levels around $91 for WTI and $96 for Brent will be key to watch for the next market direction amid ongoing geopolitical developments.
During week 21 of 2026 (May 18-22), Sampo Oyj bought back a total of 1,911,568 of its own A-shares across multiple exchanges at a weighted average price of €9.21 per share. This buyback is part of a program authorized by the company's annual general ...
Celestia specializes in data availability for modular blockchains, with its TIA token fueling economic activity. The token's sustainable demand hinges on rollups consistently paying fees to publish data blobs on Celestia, distinguishing real usage fr...
Pendle, a DeFi protocol, enables investors to lock in fixed rates on-chain by splitting yield-bearing assets into tradable Principal Tokens (PT) and Yield Tokens (YT). This approach turns volatile future yields into predictable cash flows, appealing ...
Saba Capital Income & Opportunities Fund II (SABA) and BRW continue to operate as separate closed-end funds after a planned merger was canceled. SABA charges fees based on net assets, protecting shareholders from fee increases when leverage is used, ...
Ethereum co-founder Vitalik Buterin announced that the Ethereum Foundation will prioritize its long-term survival over expanding its activities, meaning it will reduce ETH sales going forward. Buterin emphasized that the foundation is just one part o...
