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Ethereum has broken through the $2,300 resistance level, currently trading at $2,300.02 with a daily gain nearing 2%. Heightened market volatility underscores the need for cautious risk management.
Read MoreFederal Reserve official John Williams stated that the economic impact of earlier tariffs has largely been absorbed. He sees no significant secondary inflation effects and emphasized stable long-term inflation expectations, downplaying concerns over recent fluctuations.
Read MoreAave has announced a major update to its bug bounty program, aiming to better align rewards with specific risk profiles across its ecosystem and streamline review processes. Key changes include establishing independent bounty programs for core modules like Aave V3 and quintupling the maximum reward for critical vulnerabilities in Aave V4 and Core Aave V3.
Read MoreThe US House narrowly defeated a war powers resolution on Iran with a 212-212 tie vote. This marks the third such vote this year, with the margin shrinking each time, highlighting intense partisan debate over presidential military authority.
Read MoreOn May 15, Indian Prime Minister Modi met with Iranian Foreign Minister Araghchi in New Delhi. They held in-depth discussions on the ongoing war situation and its impact on regional security. Modi emphasized the importance of stability, affirming India's readiness to support security efforts in the region.
Read MoreRecent financial disclosures reveal former President Trump conducted millions in securities trades involving tech giants like Nvidia and Apple. Details remain limited, showing broad value ranges rather than specific transactions.
Read MoreSpaceX could release its IPO prospectus as early as next week, with a roadshow starting June 8. Targeting a $1.25 trillion valuation and $70-75 billion in fundraising, it aims to become the largest IPO ever. The company is exploring unique distribution channels for the massive share sale.
Read MoreThe platform integrates AIGENSYN with flexible earning products, spot trading, instant swap, leveraged trading, and VIP lending services. Trading pairs and financial features will open sequentially, offering diversified asset management options.
Read MoreA two-year partnership between Apple and OpenAI has soured over unmet revenue expectations, sources reveal. OpenAI claims promised deep integration of ChatGPT failed, with users preferring its standalone app. The AI firm is now exploring legal options, including a potential breach notice, escalating tensions between the tech giants.
Read MoreOn May 15th, US stock markets surged, with the Nasdaq and S&P 500 hitting consecutive record highs, and the Dow Jones closing above 50,000 for the first time in three months. Nvidia extended its winning streak, reaching a $5.71 trillion market cap. AI chipmaker Cerebras Systems soared on its debut, and optical interconnect firm POET Technologies also saw significant gains.
Read MoreOn May 15th, spot silver prices experienced a sharp decline, falling over $4 with a drop exceeding 4.58%. This significant sell-off below $84 per ounce has sparked analysis regarding shifting market sentiment and the near-term outlook for precious metals.
Read MoreOn May 15, the onshore Chinese yuan appreciated modestly against the US dollar, closing at 6.7878, a gain of 25 basis points from the previous session. Trading volume remained robust at $41.166 billion, indicating sustained market activity.
Read MoreThe US Dollar Index rose 0.29% on May 14, closing at 98.813. This significant gain reflects strong economic signals and shifting market sentiment, potentially indicating new trends in global capital flows and monetary policy directions.
Read MoreOn May 15th, xAI unveiled the early test version of Grok Build, a coding assistant platform designed for advanced developers. It aims to enhance efficiency in complex software projects through AI-powered agent services.
Read MoreFederal Reserve Governor Stephen Milan has submitted his resignation to the President, effective around the time Kevin Warsh is sworn in as the new Chair. This pivotal leadership change occurs during a critical period for U.S. monetary policy, sparking market speculation.
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