President Donald Trump torpedoed Iran’s counterproposal to a peace deal on May 10, calling it “totally unacceptable” in a social media post. Brent crude jumped 4.1% to $104.47 per barrel, while WTI climbed 4.4%. The rejection deepens a 10-week military conflict involving the US, Israel, and Iran that has already choked off one of the
A raft of inflation data is set to be released in the United States this week, which could add to economic pressures as the war with Iran continues. Crypto markets have gained marginally over the weekend, hitting a weekly high on Monday morning trading in Asia. But this week’s inflation reports could put a
Digital Asset Holdings is reportedly raising about $300 million at a valuation near $2 billion, according to Bloomberg. Summary Digital Asset’s reported $300 million round could become its largest funding raise to date. a16z crypto’s lead role points to rising venture interest in privacy-focused institutional blockchains. Canton Network’s recent Visa and DTCC links strengthen its
## Market Snapshot Epstein Suicide Note Release market is currently priced at 17.5% YES, down from 25% a day ago, but up from 6% a week ago. This market explores whether Epstein’s suicide note will be released by May 31, with 22 days remaining for resolution. ## Key Takeaways – Recent release of Epstein’s alleged
XRP’s breakout actually appears a lot stronger this time. Bitcoin, Ripple’s token, Solana’s SOL, and several other altcoins made impressive moves over the past few hours, which was rather unexpected given the Sunday market sentiment and lack of major developments. Interestingly, these recent gains coincided with Donald Trump’s latest message on Iran. The statement
Bitcoin (BTC) traded near $80,874 on May 10, with an intraday high of $81,026 and a low of $80,237. The move kept BTC close to the $81,000 area after a steady weekly recovery. Summary Van de Poppe says Bitcoin can grind higher while price holds above the 21-MA. The $79K and $76K levels remain key
Japan just reminded currency speculators that betting against the yen comes with a price tag. After the Japanese yen slid near 160 to the dollar, its weakest level in multiple years, Tokyo stepped in with force, spending approximately $35 billion to prop up the currency. The result: a 3% snap-back in the yen’s value and
The XRP Ledger ecosystem is preparing two major upgrades aimed at expanding XRPL beyond payments and settlement. Summary XRPL plans native lending pools and fixed-term crypto loans directly on-chain for institutional users. Smart Escrows aim to bring programmable transaction logic without slowing XRPL transaction speeds or efficiency. XRPL Foundation says compliance layers and permissioned tools
Key takeaways The Palisades reservoir is designed primarily for wildfire protection, not as a source of drinking water. There is a significant lack of fire department assets available for wildfire response in certain areas. Initial fire response was inadequate due to the absence of proper air support. The mayor’s absence during a fire crisis contributed
Federal prosecutors said Ferro burglarized homes to steal hardware wallets when online crypto scams failed to access victims’ funds. The US Department of Justice announced that 20-year-old Marlon Ferro of Santa Ana has been sentenced to 78 months in prison for his role in a large-scale cryptocurrency theft and social engineering conspiracy that stole