OPEC oil production has fallen more than 30%, or 9.7 million barrels per day, since the Iran war began in late February, with a 1.7 million bpd drop in April alone. The cartel also lowered its 2026 demand growth forecast to about 1.2 million bpd from 1.4 million bpd due to supply constraints caused by Iran's blockade of the Strait of Hormuz. Global oil inventories are depleting rapidly as supply losses exceed a billion barrels, impacting market stability. This ongoing situation highlights significant disruptions in oil supply and demand outlooks.
Grayscale filed a second amended S-1 for its spot BNB ETF, indicating active engagement with the U.S. SEC, while Vaneck submitted a competing update the same day. Both firms are advancing their applications for ETFs based on Binance's BNB token, whic...
Bitcoin's recent attempts to break above $82,000 have been hindered by rising U.S. Treasury yields, with the 2-year yield hitting 4.09% and the 10-year surpassing 4.5%. Higher yields make low-risk government bonds more attractive, reducing appetite f...
Recent geopolitical shocks reveal Bitcoin behaves more like a risk asset than a safe haven, with gold outperforming it during crises. Stablecoins, pegged to the US dollar, have gained traction as preferred tools for quick, low-cost cross-border payme...
The S&P 500 closed at 7,408.50 on Friday, falling below the 7,500 level it briefly surpassed on Thursday, ending the week with a modest 0.3% gain. The recent surge to 7,517 appeared to be a mechanical, gamma-driven move with an expected reversal, inf...
Bitcoin's price remains stuck between $76,000 and $82,000, with derivatives markets showing reduced volatility expectations across short to medium terms. This cooling volatility reflects fading speculative momentum and weaker trading activity, althou...
