Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target
The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they cut their oilprice view for this year and next.…
Michigan judge blocks Kalshi from allowing residents to place sports bets
A Michigan Judge has temporarily blocked Kalshi from offering sports betting contracts to residents, escalating the statefederal fight over prediction markets…
Kylie Jenner takes $48 million ‘concrete fortress’ in L.A. off the market
Kylie Jenner has removed her extraordinary concrete megamansion from the market—just six months after listing the modern Los Angeles dwelling for $48 million.…
Influencer Perez Hilton is selling his Las Vegas home for $4.25 million to move to Miami
Perez Hilton is selling his Las Vegas home for $4.25 million and moving to Miami after “God told him” to leave Nevada following several health scares.…
Quant funds just suffered their most crippling trading rout this year as momentum stocks flopped
Although the last week has been painful for quant funds, asset allocators remind investors that it’s important to look at returns over a wider timeframe. So…
Bitcoin's 52-week correlation with USD/JPY hits -0.90, undercutting 'carry trade' theory
Bitcoin’s price has shown an unusually strong negative 52week correlation with the dollaryen exchange rate. Source:CoinDesk
Dubai set for crypto firm influx as MiCA deadline pushes companies to reassess Europe
Dubai lawyer Irina Heaver says European founders are flocking to the UAE for faster licensing, a dedicated crypto regulator and access to markets beyond…
Cathie Wood’s ARK adds $43.5M in crypto stocks amid market dip
ARK Invest's biggest crypto stock purchases over the past three trading days were Coinbase and Circle, whose shares have fallen 17% and 27.6%, respectively,…
XRP holds $1 support as network activity rises and leverage clears out
Active addresses jumped 72% in two weeks while open interest fell to its lowest level since July 2025, giving traders a cleaner setup even as price remains…
Ether, solana and dogecoin slide as Strategy's bitcoin sales plan pressures market
Bitcoin held below $60,000 as a surging dollar kept crypto pinned. Onchain demand stayed quiet through the week's losses, and Strategy's plan to possibly sell…
Tether trades at 7% to 10% premium in India. Exchanges say its just supply and demand
Executives at major platforms CoinDCX and CoinSwitch say the premium reflects a demandsupply imbalance and thin local liquidity. Source:CoinDesk
Bitcoin under pressure below $60,000 as Japanese yen hits 40-year low against the U.S. dollar
BTC fell in Asia as the Japanese yen tanked to fourdecade lows, lifting the dollar higher across the board. Source:CoinDesk