Oil Crashes 8.7% From Last Week’s Peak as Middle East Tensions Rattle Markets
U.S. stocks bounced back into positive territory as crude prices plunged more than 4% in the past 24 hours and have now slid 8.74% since June 12. Analysts at Deutsche…
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JPMorgan Flags Israel-Iran Conflict as Oil Prices Spike and Investor Confidence Wavers
Middle East tensions erupting between Israel and Iran have ignited global oil markets, with JPMorgan warning investors to prepare for volatility amid surging Brent crude prices. JPMorgan Links Israel-Iran Tensions…
BRICS More Attractive Than EU, Says Serbia’s Vulin
Serbia’s Deputy Prime Minister Aleksandar Vulin has championed BRICS as a compelling alternative to the European Union, emphasizing the economic bloc’s appeal for Serbia. He highlighted how BRICS does not…
Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil
Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto…
JPMorgan CEO Jamie Dimon Cautions Against Market Optimism — ‘Geopolitics Is Getting Worse’
JPMorgan CEO Jamie Dimon has issued a serious warning about escalating geopolitical risks, stating that they pose greater threats to global stability than current economic challenges. His remarks come in…
India and Russia to Enhance Trade With Rupee-Ruble Payments
India and Russia are discussing ways to enhance bilateral trade by adopting payments in their national currencies and reducing non-tariff barriers. The talks aim to facilitate rupee-ruble trade and address…
Data highlights Bitcoin’s potential path to $40K amid global economic turbulence
Robust BTC derivatives data indicates strong demand for leveraged longs.
Is Bitcoin’s record-low volatility and decline in short-term holders a bull market signal?
Traders believe that Bitcoin’s low volatility is a bull market signal, but their bias could be preventing them from acknowledging potentially negative macro outcomes.
BTC price double top forming? 5 things to know in Bitcoin this week
Thanks to oil production cuts to major historical resistance, among other factors, Bitcoin bulls have their work cut out to break higher.
Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review
It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social…
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