Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs
Prolonged closure of Strait of Hormuz could send crude oil prices to new highs this summer. Source: www.cnbc.com Read Full Story
Altcoins
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Tom Lee Outlines Liquidity Catalyst for Ethereum Firm BitMine Following Russell Index Update
The Ethereum-buying firm owns 3.8% of the digital asset’s supply. Source: decrypt.co Read Full Story
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SEC’s tokenized stock plan could force crypto exchanges to answer what investors really own
Given how far the crypto market has come in terms of regulation, the next big fight won’t be about Bitcoin, stablecoins, or even memecoins. It’s going to be about whether a crypto exchange can list tokenized stocks that track Tesla, Apple, or Nvidia without those companies ever agreeing to it, and whether the retail investors…
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Three signs from APEC that the U.S. and China remain far apart on trade
U.S. and Chinese officials have met and spoken publicly about differing priorities since the Trump-Xi summit concluded in Beijing last week. Source: www.cnbc.com Read Full Story
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Kalshi Debuts ‘Fair Markets’ Lobby Group as Congress Opens Insider Trading Probe
Kalshi unveiled Americans for Fair Markets, an advocacy group to help shape policymakers’ perception of prediction markets. Source: decrypt.co Read Full Story
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US lawmakers push new Strategic Bitcoin Reserve act to secure $25 billion federal stash
A renewed push to solidify the United States’ foothold in the digital asset market emerged Thursday as lawmakers unveiled legislation to establish a formal strategic Bitcoin reserve and consolidate the federal government’s multibillion-dollar cryptocurrency stockpile. Spearheaded by Representative Nick Begich, the American Reserve Modernization Act (ARMA) of 2026 mandates the creation of a secure Bitcoin…
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OpenAI takes the lead in AI IPO horse race: ‘Getting to public markets first is very important’
It comes after reports that the AI giant and ChatGPT owner is set to file confidentially for an IPO as soon as this week. Source: www.cnbc.com Read Full Story
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Elizabeth Warren Calls Crypto Bank Charter Approvals for Firms Like Coinbase, Ripple Illegal
In a letter to the Comptroller of the Currency, Warren argued nine national trust bank charter approvals for crypto firms violated the National Bank Act. Source: decrypt.co Read Full Story
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The $30 billion RWA tokenization boom is barely reaching DeFi
DefiLlama’s RWA category data puts the RWA tokenization market near $30 billion on-chain, with only $2.47 billion appearing as DeFi active TVL, the value actually deposited or pooled inside third-party DeFi protocols the platform tracks. The rest of the tokenized real-world assets market sits outside the lending markets and collateral vaults that make crypto assets…
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One of the market’s hottest stock themes is buying everything AI can’t replace
The search for HALO stocks is a hot theme in the stock market. There is now an ETF to invest in it. Source: www.cnbc.com Read Full Story
