24/7 Blockchain industry dynamics and breaking crypto news
On May 29, spot silver faced notable selling pressure, with prices declining steadily and posting an intraday loss exceeding 1%. The metal retreated to around $74.85 per ounce, raising questions about its ability to hold key technical support levels.
Read MoreA major market maker has expanded into prediction markets, providing deep two-way liquidity on leading platforms. This move aims to tighten spreads, facilitate larger trades, and improve market efficiency, signaling growing institutional interest in this high-potential sector.
Read MoreA senior Iranian military advisor stated that Iran will force the US to end its naval blockade through negotiation or direct action. Despite pressure, he expressed optimism about Iran's economic future, highlighting regional tensions.
Read MoreInvestor sentiment has shifted, with global equity funds experiencing their first weekly outflow in nine weeks. Money is moving toward safer assets like cash and bonds. Japan saw significant outflows, while infrastructure investments continue to attract capital.
Read MoreEthereum faces continued downward pressure, with analysts closely watching the $1800-$1750 support zone. Despite high leverage and positive funding rates, weak price action and significant institutional outflows signal a fragile market structure. A break below key support could trigger a deeper decline.
Read MoreIn a sharp turnaround on May 29th, the Nasdaq 100 Index surrendered its early gains. After climbing 0.8%, the tech-heavy benchmark reversed course in afternoon trading, closing in negative territory. This swift shift highlights ongoing market volatility and fragile investor sentiment.
Read MoreBuoyed by hopes for Middle East de-escalation and surging AI investments, U.S. stocks rally. The S&P 500 has rebounded nearly 20% from lows and is on track for a rare ninth straight weekly gain—its longest streak since December 2023 and a rare event in decades.
Read MoreForeign ministers of Iran and Oman held a phone call, focusing on enhancing bilateral relations and addressing regional developments. Discussions covered maritime security in the Strait of Hormuz, adherence to international law, and shared concerns over ongoing conflicts, emphasizing cooperative solutions.
Read MoreOn-chain data reveals a mysterious whale has been conducting massive ETH sell-offs. 10,000 ETH ($19.82M) was sold in just 30 minutes today, bringing the week's total to 45,000 ETH ($92.15M) at an average price of $2,048. This activity is stirring significant market speculation.
Read MoreApollo and Blackstone are orchestrating a landmark ~$36 billion debt financing deal to fund Anthropic's acquisition of custom Google TPU chips, backed by Broadcom. This transaction could become one of the largest private credit deals ever, highlighting massive capital influx into AI infrastructure.
Read MoreBitcoin has experienced notable volatility, dropping below the crucial $73,000 level to trade around $72,999.33, marking a 0.4% decline in 24 hours. Market sentiment is turning cautious, with analysts urging investors to monitor price action closely and enhance risk management amidst heightened fluctuations.
Read MoreSpot gold prices surged past the key $4550 per ounce level, recording a notable intraday gain of 1.20%. This rally highlights renewed investor interest in the precious metal amid shifting market dynamics.
Read MoreThe U.S. Commodity Futures Trading Commission (CFTC) has approved the launch of a Bitcoin perpetual futures contract, marking a significant step for regulated crypto derivatives. The agency emphasized the need for careful product design and encouraged formal applications for similar contracts on other assets.
Read MoreIranian FM Araghchi and Omani FM Badr discussed the future governance of the Strait of Hormuz, emphasizing solidarity and exploring sovereign duties under international law. Iran welcomed consultations with all neighbors, amid recent regional tensions over the vital waterway.
Read MoreThe technology sector within the S&P 500 has surged to a record high, posting a substantial gain and demonstrating its pivotal role in driving current market momentum and investor confidence.
Read More