Bitcoin Nears $70K Support Amid Growing Stablecoin Flows into Hyperliquid
Bitcoin faces mounting pressure as key support levels weaken and stablecoin capital shifts toward Hyperliquid, signaling a possible rotation and increased bearish sentiment.
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Crypto & Fintech
Markets & Macro
Fed Chairman’s Research Highlights XRP’s Role in Cross-Border Payments and Financial Infrastructure
A Federal Reserve research paper co-authored by the new Fed chair identifies XRP as a key liquidity solution for cross-border payments, signaling growing institutional acceptance.
Trade & Tariffs
Indian Markets Retreat Amid FII Selling and Below-Normal Monsoon Forecast
Indian equity indices slipped this week as foreign institutional investors offloaded shares and the meteorological department predicted a below-average monsoon, raising concerns over inflation.
Markets & Macro
US Treasury Announces Seizure of Nearly $1 Billion in Iranian Cryptocurrency Assets
The US Treasury confirmed the confiscation of almost $1 billion in Iranian crypto wallets amid ongoing financial sanctions under Operation Economic Fury.
Crypto & Fintech
Bitcoin Price Slides Below $73,000 Amid Massive Liquidations in Crypto Market
Bitcoin’s value fell sharply to a six-week low below $73,000, triggering nearly $935 million in liquidations and signaling increased bearish pressure across cryptocurrencies.
Corporate Power
Canada Post workers conclude voting on new tentative five-year contract
After over two years of disputes, 55,000 Canada Post union members finish voting on a proposed five-year contract featuring wage increases and job security provisions.
Trade & Tariffs
US Defense Chief Signals Readiness to Resume Strikes on Iran if Negotiations Fail
The US signals preparedness to renew military strikes against Iran amid ongoing negotiations to prevent Iran from acquiring nuclear weapons.
Markets & Macro
Vermont Experiences Job Losses and Declining Labor Participation in April
Vermont’s employment dropped by 900 jobs in April as labor force participation declined, reflecting ongoing demographic and economic challenges in the state’s workforce.
Defense & Security
UAE Executed Secret Airstrikes on Iran with US and Israeli Support
The UAE carried out covert airstrikes targeting Iranian military sites with intelligence and logistical backing from the US and Israel, marking a shift in Gulf security dynamics.
Corporate Power
Crude oil prices drop to six-week low amid tentative US-Iran ceasefire talks
Global crude oil prices declined sharply after reports emerged of a possible US-Iran truce extension and the potential reopening of the Strait of Hormuz.