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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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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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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...
Continue ReadingSouth 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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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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Looking back over the last 15 trading days, most of the AUDUSD price action has been contained within a relatively well-defined range between 0.7100 and 0.7200. There...
Continue ReadingCryptocurrency 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...
Continue ReadingDirect 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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The USDCAD has been trending higher this week, supported by a combination of geopolitical tensions, widening interest-rate differentials, and a weakening Canadian economic backdrop.From a...
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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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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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The USDCHF surged higher in trading yesterday, breaking above a key downward-sloping trendline near 0.7893 and then pushing through its...
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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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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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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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Headlines:Markets:WTI crude down nearly 4% to $96.50US dollar lower across the boardEuropean indices mostly higher but US futures down as tech shares dropS&P...
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Oil tumbled after positive deal comments from Trump but now we have the leader of Hezbollah in Lebanon pushing back hard.Negotiations with Israel are 'shameless'Washington's announcement...
Continue ReadingThe USD is trading lower against the three major currency pairs—EURUSD, USDJPY, and GBPUSD—to kick off the North American session.The EURUSD has moved higher...
Continue ReadingTrump on Truth Social:"Yesterday, in a meaningless vote, the House voted, 4 bad Republicans and all of the Dumocrats, to...
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US-based employers announced 97,006 job cuts in May, up 16% from the 83,387 job cuts recorded in April. The figure is also up 3% from the 93,816 announced...
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