President Trump announced a deal giving the U.S. majority control over 17 Venezuelan oil fields with 65 billion barrels of reserves, promising to refill America's depleted Strategic Petroleum Reserve (SPR). However, these reserves are long-term resources, not immediate inventory, and Venezuela's current low production and heavy crude quality pose significant hurdles. Restoring the SPR will require years of infrastructure work and careful blending to meet SPR standards. The deal's economic benefit depends on how quickly and cheaply Venezuela can produce compatible oil for the U.S. reserve.
Large Bitcoin investors, known as whales, have added over 39,000 BTC worth about $3 billion in the past week, indicating strong confidence in Bitcoin's long-term potential. This accumulation coincides with Bitcoin testing a critical breakout zone bet...
Uniswap's deployment on Robinhood Chain has seen rapid growth in liquidity, with TVL rising from $80 million to about $127 million in July, an 87% gain. This deeper liquidity supports larger trades and attracts more users, boosting daily stock-token ...
Former President Donald Trump criticized NBC's Kristen Welker for her remarks on his endorsed candidates' mixed election results, threatening to report her to the Federal Communications Commission (FCC). This attack follows the Treasury Department's ...
THORChain launched version 3.20, allowing users to swap Monero (XMR) and Zcash (ZEC) directly with Bitcoin, Ethereum, and stablecoins without centralized exchanges or wrapped tokens. This upgrade supports privacy coin holders amid increasing delistin...
Aster DEX, in partnership with World Liberty Financial, has launched Phase 1 of its USD1 real-world asset (RWA) perpetual markets reward campaign. Running from August 31 to December 31, 2026, it offers 125 million WLFI tokens and 6.25 million USD1 to...
