President Donald Trump unleashed a lengthy tirade against the U.S. Supreme Court on Monday, calling it a “weaponized and unjust Political Organization” after its February ruling struck down his emergency tariffs. The attack came alongside a separate plea for international military support at the Strait of Hormuz, a request that has so far gone unanswered
OpenAI is planning to establish a joint venture with leading private equity firms to accelerate the distribution of its enterprise AI products. According to Reuters, the company is engaging with TPG, Advent International, Bain Capital, and Brookfield to launch the venture, which is expected to be worth about $10 billion, with $4 billion in backing,
Crypto wealth platform Abra said it plans to go public through a merger with special purpose acquisition company New Providence Acquisition Corp. III in a deal that values the firm at $750 million. The combined company will be renamed Abra Financial Inc. and is expected to list on Nasdaq under the ticker ABRX, according to
Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a safe-haven asset. Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week, led by $793 million into Bitcoin (BTC), CoinShares reported on Monday. The inflows mark three consecutive weeks of positive flows
Oil prices continue their upward trajectory amid persistent tensions in the Middle East. Brent crude reached above $106 per barrel on Sunday before pulling back modestly in early Monday trading. Against this backdrop, retail demand for oil exposure is surging. Trailing one-month retail purchases in pure-play oil ETFs hit a record $211 million on Thursday.
Story Highlights The Federal Reserve is widely expected to hold interest rates at 3.50%–3.75% as markets focus on future policy signals from the latest FOMC meeting. Wall Street banks are divided on future Fed rate cuts, with some forecasting easing later in 2026 while others warn rates may stay higher for longer. Bitcoin and crypto
Story Highlights Circle minted $8 billion in $USDC during the crypto downturn. $USDC has overtaken $USDT in adjusted transaction volume for the first time since 2019. Stablecoin market cap has crossed $300 billion as Bitcoin posts 8% weekly gains. Bitcoin is up 7.3% on the week, trading at $73,238. Ethereum has climbed 12.34% in seven
Australia’s financial regulator has urged young investors not to rely on social media influencers and artificial intelligence chatbots to make financial decisions, according to a study that also found that one in four “Gen Zs” invest in crypto. The Australian Securities and Investments Commission (ASIC) posted the results of a survey on Sunday, finding that