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Finance News — Page 171

US Treasury Seizes $1B in Iranian Crypto

US Treasury Seizes $1B in Iranian Crypto

The U.S. Treasury announced it seized approximately $1 billion in cryptocurrency tied to Iran under a campaign called Operation Economic Fury, with Treasury Secretary Scott Bessent saying authorities

CoinDesk · 2mo ago
Sumit Gupta urges Bitcoin buys, disciplined allocation

Sumit Gupta urges Bitcoin buys, disciplined allocation

Retail crypto investors in India are moving away from meme‑coin hype toward a more disciplined, Bitcoin‑centric approach. Sumit Gupta of CoinDCX urges regular weekly or monthly purchases of large‑cap

Mint · 2mo ago
SIP Investing in 2026: 5 Mistakes to Avoid as Inflows Hit ₹32,087 Crore

SIP Investing in 2026: 5 Mistakes to Avoid as Inflows Hit ₹32,087 Crore

Indian retail investors are pouring record sums into Systematic Investment Plans (SIPs), but financial advisors are flagging five common mistakes — from panic-stopping during downturns to skipping por

Mint · 2mo ago
Bitcoin is at ‘pivotal level’ as $65K downside risk looms: Analyst

Bitcoin is at ‘pivotal level’ as $65K downside risk looms: Analyst

Analyst Van de Poppe warns Bitcoin is at a pivotal juncture, with the $71,000 level acting as a vital support that must hold to stave off deeper corrections. He says a breakthrough above this zone cou

Cointelegraph · 2mo ago
Brent Drops 5.5% as Oil Collapse Triggers Asian Rally

Brent Drops 5.5% as Oil Collapse Triggers Asian Rally

Brent crude fell 5.5% in an oil price collapse that reshaped global risk sentiment, slashing energy costs for consumers and triggering a rare Asian equity rally.

SkimNews · 2mo ago
SEC Sues Texas Man for $12.3M AI Crypto Fraud

SEC Sues Texas Man for $12.3M AI Crypto Fraud

The SEC sued a Texas man named Fuller for a $12.3 million crypto fraud built on proprietary AI-branded trading bots that the agency says never functioned, with at least $6.2 million allegedly diverted

Cointelegraph · 2mo ago
Beijing Court Hears $583K Tesla FSD Fraud Suit

Beijing Court Hears $583K Tesla FSD Fraud Suit

As Tesla rolls out robotaxi services in U.S. markets and navigates a volatile China‑Japan environment, a Beijing court’s first hearing of a consumer‑fraud suit over its Full Self‑Driving package threa

Electrek · 2mo ago
Two months, $2.6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade

Two months, $2.6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade

The NASA Space Innovators ETF has vaulted to $2.6 billion in assets, giving retail investors a direct line to privately held SpaceX shares ahead of its IPO. Other niche funds also hold SpaceX stakes,

CNBC · 2mo ago
Grayscale Calls Hyperliquid a 'Financial Services Juggernaut'

Grayscale Calls Hyperliquid a 'Financial Services Juggernaut'

Grayscale's new report labels Hyperliquid a potential 'financial services juggernaut,' arguing the decentralized exchange is evolving from a crypto perpetual futures venue into a 24/7 blockchain-based

CoinDesk · 2mo ago
When the market is bad, we build: Inside Binance’s bold 2030 master plan

When the market is bad, we build: Inside Binance’s bold 2030 master plan

With crypto assets down 40% from their peak and Bitcoin stuck below $100,000, Binance is pushing an aggressive 2030 roadmap that seeks to swell its verified user base to 3 billion and close a $2 billi

CoinDesk · 2mo ago
Josh Brown, counting on a new momentum strategy, thinks investors want more than index funds

Josh Brown, counting on a new momentum strategy, thinks investors want more than index funds

Amid record‑high S&P 500 valuations, Wall Street veteran Josh Brown unveiled Porterhouse, a rules‑based momentum SMA that seeks to capture the market’s fastest‑growing winners beyond the traditional i

CNBC · 2mo ago
3 themes that drove stocks to another week of records — and a banner month

3 themes that drove stocks to another week of records — and a banner month

U.S. equities hit fresh records as investors cheered a tentative Iran‑U.S. truce, strong earnings and a wave of AI‑related deals. The S&P 500 and Nasdaq closed the week up over 1% and 2% respectively,

CNBC · 2mo ago
Rice Prices Jump 20% in May Amid War, Fertilizer Spike

Rice Prices Jump 20% in May Amid War, Fertilizer Spike

Asian rice prices surged 20% in May, the steepest monthly jump since 2008, as war‑driven fertilizer shortages, El Niño heat and disrupted fuel supplies tighten production. The spike hits Vietnam and T

Straits Times Asia · 2mo ago
Bitcoin, Ether Slip 3% as S&P 500 Rallies, HYPE Up 20%

Bitcoin, Ether Slip 3% as S&P 500 Rallies, HYPE Up 20%

Bitcoin and Ether slipped about 3% as the S&P 500 logged a nine‑week rally, while cooling spot‑ETF inflows and U.S.–Iran ceasefire hopes left major cryptos lagging behind equities and oil.

CoinDesk · 2mo ago
Google Sets 2029 Goal, Gault Flags Bitcoin Risk

Google Sets 2029 Goal, Gault Flags Bitcoin Risk

Venture capitalist Andrew Gault and Google’s security team warn that the most urgent quantum threat to Bitcoin lies in today’s encrypted inter‑institutional authentication data, prompting a race to po

CoinDesk · 2mo ago
Software ETF Gains 21% in May as Snowflake, Okta Surge

Software ETF Gains 21% in May as Snowflake, Okta Surge

Software stocks staged their strongest monthly gain since 2001, with the iShares Tech‑Software ETF up 21% in May, driven by standout earnings from Snowflake and Okta. The rally, which lifts the sector

CNBC · 2mo ago
CFTC Approves Crypto Perpetuals, Signals 24/7 Trading

CFTC Approves Crypto Perpetuals, Signals 24/7 Trading

After weeks of headlines on Trump’s Middle‑East moves and a tight U.S. energy market, the CFTC’s decision to approve crypto perpetual contracts and endorse 24/7 trading pivots the news cycle toward fi

Cointelegraph · 2mo ago
Dell Shares Surge 33% on AI Data‑Center Demand

Dell Shares Surge 33% on AI Data‑Center Demand

Dell’s shares exploded 33% after a surge in AI data‑center demand, pushing the stock to a fresh all‑time high. The rally also lifted Michael Dell’s personal fortune by $34 billion, briefly putting him

Google News Business · 2mo ago
Brent slides 19% in May as US‑Iran deal hopes surge

Brent slides 19% in May as US‑Iran deal hopes surge

Brent oil tumbled 19% in May, its steepest decline in six years, as traders priced in a possible U.S.–Iran agreement that could reopen the Strait of Hormuz. Trump’s hard‑line demands and a pending 60‑

CNBC · 2mo ago
Oil Prices Record Biggest Weekly Collapse

Oil Prices Record Biggest Weekly Collapse

Oil prices plunged to their steepest weekly decline in two months and logged the biggest one‑month slide in six years, as optimism over a possible US‑Iran ceasefire lifted markets. The slump arrives a

Google News Business · 2mo ago

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