Crypto Market Focuses on US Inflation Data as Fed Signals Possible Rate Hike
The crypto market braces for key US inflation reports with Federal Reserve Governor Waller indicating a potential rate increase if inflation remains elevated.
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Crypto & Fintech
Crypto & Fintech
AI and DeFi Tokens Dominate New Listings on Huobi HTX with One Asset Nearly Doubling
During the week of July 6–12, Huobi HTX saw a surge of new assets focused on AI and DeFi, with one token soaring close to 100% shortly after its launch.
Defense & Security
Oil Prices Surge Amid Renewed US-Iran Strikes as Wall Street Shows Mixed Trading
Oil prices rose sharply following fresh US airstrikes and Iranian retaliation, while Wall Street’s early session reflected mixed investor reactions amid geopolitical tensions.
Energy & Climate
White House to Unite Utilities and Data Centers in Voluntary AI Power Cost Agreement
The White House is organizing a coalition of power utilities and data center operators to voluntarily ensure AI-related electricity demand growth does not increase costs for consumers.
Defense & Security
Trump Reinstates Blockade in Strait of Hormuz, Imposes 20% Cargo Fee Amid Rising U.S.-Iran Tensions
The U.S. announces renewed blockade on Iranian vessels in the Strait of Hormuz and levies a 20% fee on cargo for security, raising regional tensions and impacting global markets.
Crypto & Fintech
June’s Historic Stablecoin Outflow Signals Potential Bitcoin Market Bottom
June marked the largest monthly stablecoin withdrawal in four years, highlighting shifting liquidity dynamics that may indicate Bitcoin’s price nearing a bottom.
Corporate Power
Twelve States Challenge Paramount-Warner Bros. Merger Over Antitrust Concerns
Twelve state attorneys general have filed a lawsuit seeking to block the $110 billion merger between Paramount and Warner Bros. Discovery, citing risks to competition and consumers.
Energy & Climate
China Takes a Leading Role in Shaping Global Oil Prices, Challenging OPEC’s Dominance
China's vast oil stockpiling and strategic import decisions have transformed it into a key force influencing global oil prices, impacting markets worldwide including U.S. fuel costs.
Defense & Security
Escalating Conflict With Iran Pushes Trump Closer to Political and Economic Limits Ahead of Midterms
As the U.S. intensifies its confrontations with Iran, rising oil prices and economic pressures threaten to undermine Trump and the GOP’s position just months before key midterm elections.
Big Tech
Elon Musk and Sam Altman Clash as Apple Accuses OpenAI of Trade Secret Theft
Elon Musk and Sam Altman reignited their long-standing rivalry amid Apple’s lawsuit accusing OpenAI of stealing trade secrets involving former Apple employees.