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JPMorgan: CLARITY Act Has Only A Narrow Window To Succeed, Timing Is ‘Pivotal’

JPMorgan Chase (NYSE:JPM) notes that the crypto industry’s long-awaited market structure legislation, the CLARITY Act, could face further delays as political hurdles mount ahead of the U.S. midterm elections. “Timing May Also Prove Pivotal” JPMorgan analysts led by Nikolaos Panigirtzoglou... Continue Reading →...

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Source: benzinga.com

Georgia’s Government Backs a Controversial Crypto Push

Tether, the world's largest stablecoin issuer, has announced a major investment in Georgia and plans to launch GEL?, a digital token pegged one-to-one to the Georgian lari, a currency used...

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Source: oilprice.com

Why Is IREN Stock Falling On Thursday?

IREN Limited (NASDAQ:IREN) shares faced intense selling pressure on Thursday. This downward movement follows a sharp reversal from Wednesday’s gains, which were driven by a major network expansion announcement. • IREN stock is taking a hit today. Why is IREN stock... Continue Reading →...

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Source: benzinga.com

U.S. Oil Shocks Don’t Hit Like They Used To, Fed Study Finds

The United States still feels oil shocks. It just doesn't feel them the way it did when America was dancing to disco and waiting in gas lines. If the Fed...

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Source: oilprice.com

Putin: We are ready to make a deal with Ukraine peacefully

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors...

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Source: investinglive.com

Treas Sec Bessent: “I wish job market had come out today”.

Treasury Secretary Bessent said: I wish job market had come out todayThen added that he has no prior knowledge of tomorrow's job data.Then why say...

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Source: investinglive.com

Central Banks Bought Less Gold in 2025 But It Still Hit a 45 Year High

Gold saw a significant price rally over the course of 2025, after geopolitical uncertainty and heightened central bank buying drove more people to the safe haven asset. Gold prices rallied...

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Source: oilprice.com

Bitcoin, Ethereum, Solana Plunge Over 10% In 1 Week: What Does Technical Analysis Say?

Bitcoin (CRYPTO: BTC) may not have found its bottom yet, with veteran trader Gareth Soloway warning that the cryptocurrency could still retest $60,000 before a durable recovery forms. “Don’t Think We’ve Reached A Bottom Yet” Speaking with Paul Barron on... Continue Reading →...

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Source: benzinga.com

Dangote Breaks Ground on 700,000-Bpd Second Crude Processing Unit

Africa's biggest refinery is getting bigger. Nigeria's Dangote refinery has started work on a second crude processing unit that will add another 700,000 barrels per day (bpd) of capacity, putting...

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Source: oilprice.com

Crypto Markets Are Already Pricing SPCX: What Happens At IPO?

SPCX is set to hit the NASDAQ in June, and crypto markets have already begun pricing the asset. A rapidly growing shadow market now lets retail investors speculate on SpaceX’s valuation before public trading.​ A perpetual contract platform, Trade.xyz, has... Continue Reading →...

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Source: benzinga.com

Bitcoin continues its decline but falls short of the $60,000 target area

The price of Bitcoin extended its decline in trading today, falling sharply for a fourth consecutive session. From a fundamental perspective, persistent risk-off sentiment has weighed on...

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Source: investinglive.com

KEPCO Wins $1.4-Billion power Project for $100-Billion Saudi Jafurah Field

South Korea’s state-run utility Korea Electric Power Corp. (KEPCO) has won a $1.4-billion deal with Saudi oil giant Aramco to build and operate Phase 2 of Saudi Arabia’s Jafurah cogeneration...

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Source: oilprice.com

XRP Dropped 17% to 39% Every Midterm Year June: Is 2026 Any Different?

XRP (CRYPTO: XRP) is down almost 5% on Thursday, entering a month that has delivered losses between 17% and 39% in every prior midterm election year. June Has Never Been Kind To XRP In Midterm Years Crypto analyst EGRAG laid... Continue Reading →...

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Source: benzinga.com

Cryptocurrency

Cryptocurrency https://www.benzinga.com/views/taxonomy/term/135733 en Crypto Failures Result From Misunderstood Risks, Not Broken DeFi https://www.benzinga.com/Opinion/26/06/53003349/crypto-failures-result-from-misunderstood-risks-not-broken-defi?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel The Resolv incident in March 2026 led to a stablecoin losing around 70% of its...

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Source: benzinga.com

Crypto Failures Result From Misunderstood Risks, Not Broken DeFi

Direct financial losses aside, so many failings happening in such short order is a signal of a broader problem — and no, it’s not that DeFi protocols are broken, like some loudly worry. The real issue is how the industry... Continue Reading →...

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Source: benzinga.com

Bitcoin Crashes 4% But At $63,000 The Bottom Is ‘Almost In’: Standard Chartered

ETF Holdings Held Firm, Proving More Resilient Than February Fear Kendrick’s call is a direct reversal of his February 12 note, where he warned of “pain and final capitulation” and cut his near-term Bitcoin target to $50,000.  The key variable... Continue Reading →...

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Source: benzinga.com

Bitmine’s $300M Raise Is ‘Borrowing A Page From Saylor’s Ponzi Playbook’, Peter Schiff Says

3 Million Shares At 9.5% Yield Filing With NYSE Under BMNP Bitmine filed with the SEC to offer 3 million shares of Series A perpetual preferred stock at a fixed cumulative dividend rate of 9.5% annually on a $100 per... Continue Reading →...

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Source: benzinga.com

Michael Saylor’s $10 Billion Bitcoin Hole: What Does Strategy Do Now?

What Is Going Wrong For Michael Saylor Market commentator Kyle argued on X on June 4 that the company’s preferred-share dividend obligations could turn Michael Saylor from Bitcoin’s biggest buyer into a potential forced seller. The company’s Bitcoin accumulation model... Continue Reading →...

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Source: benzinga.com

US Initial jobless claims 225K vs 213K estimate. Continuing Claims 1.777M vs 1.780M est.

Prior week for initial jobless claims 209K revised to 212K.Prior week for continuing claims 1.786 million revised to 1.785Minitial jobless claims come in higher at 225K...

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Source: investinglive.com

ADA Crashes 12%: ‘The Markets Are Really Bad, Taking A Break’, Cardano Founder Hoskinson Says

Cardano (CRYPTO: ADA) founder Charles Hoskinson announced he is “taking a break” on Thursday after warning of a coming “wave of failures” in the ecosystem, sending ADA down 6%. Hoskinson Frustrated With Community Treasury Resistance Hoskinson’s comments came in response... Continue Reading →...

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Source: benzinga.com
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