Trump says planned US attack on Iran was called off at Gulf states’ request

Donald Trump announced that the United States had prepared a military strike against Iran but stood down after direct appeals from leaders of Gulf nations, including the Emir of Qatar, the Crown... Read more »

Hedge funds boost semiconductor stocks to 19% of market exposure, the highest level ever recorded

Hedge funds now have 19% of their equity market exposure parked in semiconductor stocks. That is the highest allocation on record, and prior semiconductor exposure levels hovered around 7.5%. The current figure... Read more »

Upbit adds OriginTrail TRAC for trading in KRW, BTC, USDT markets starting May 18

Getting listed on Upbit is the crypto equivalent of landing a shelf at Costco. The volume is enormous, the audience is hungry, and things tend to move fast. OriginTrail’s TRAC token is... Read more »

Citadel reportedly invests $1.7M in XRP ETFs as Ripple draws deeper institutional ties

Reports are circulating that Citadel has taken positions worth $1.7 million in XRP-linked exchange-traded funds, a move that would mark one of the more notable institutional entries into the XRP ecosystem. The... Read more »

CLARITY Act survives near-collapse after last-minute Senate compromise

The most significant piece of crypto market structure legislation in years nearly died on the table before a handful of senators pulled it back from the brink. The CLARITY Act, formally the... Read more »

Cerebras Systems achieves $60B valuation after blockbuster IPO

Cerebras Systems just pulled off the biggest tech IPO of 2026, reaching a roughly $60 billion valuation. The company raised approximately $4.8 billion in the offering, pricing shares between $150 and $160... Read more »

Magic Eden commits $75M to DiceyHQ as on-chain casino exits private beta

Magic Eden, the multi-chain NFT marketplace that built its empire on JPEGs, is placing a very different kind of bet. The company has committed $75 million to DiceyHQ, an on-chain casino and... Read more »

BlackRock says Bitcoin and liquid alternatives gain appeal as 60/40 portfolio loses its edge

BlackRock said advisors should consider Bitcoin, gold, and alternative strategies as portfolio diversifiers as stock and bond correlations remain elevated in the current market regime. In a May 6 report titled How... Read more »

Oil surges back above $100 as Trump presses Iran to reopen Hormuz

Oil prices surged Wednesday as President Donald Trump warned Iran to reach a deal and reopen the Strait of Hormuz, keeping energy markets locked on the risk of a prolonged supply shock.... Read more »

Bitcoin eyes $83K as Trump pauses Strait of Hormuz military operation, Iran signals cooperation

Bitcoin climbed past $82,800 this morning as signs of de-escalation between the US and Iran boosted risk appetite, putting the asset within reach of $83,000. The rally came after President Donald Trump... Read more »