Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target
The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they cut their oil-price view for this year and next.
Varyante
Michigan judge blocks Kalshi from allowing residents to place sports bets
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-paying-the-price-kalshi-banned-politician-for-insider-trading-1.jpg" alt="Michigan judge blocks Kalshi from allowing residents to place sports bets" class="type:primaryImage"></p><p>A Michigan Judge has temporarily blocked Kalshi from offering sports betting contracts to residents, escalating the state-federal fight over prediction markets and gambling laws.</p>
Kylie Jenner takes $48 million ‘concrete fortress’ in L.A. off the market
Kylie Jenner has removed her extraordinary concrete megamansion from the market—just six months after listing the modern Los Angeles dwelling for $48 million.
Influencer Perez Hilton is selling his Las Vegas home for $4.25 million to move to Miami
Perez Hilton is selling his Las Vegas home for $4.25 million and moving to Miami after “God told him” to leave Nevada following several health scares.
Quant funds just suffered their most crippling trading rout this year as momentum stocks flopped
Although the last week has been painful for quant funds, asset allocators remind investors that it’s important to look at returns over a wider timeframe. So far in 2026, the sector is still significantly ahead of the S&P 500 and U.S. Treasurys
Celsius-linked Bitcoin miner Ionic Digital seeks Nasdaq direct listing amid AI pivot
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-is-bitcoin-solo-mining-viable-in-2025.jpg" alt="Celsius-linked Bitcoin miner Ionic Digital seeks Nasdaq direct listing amid AI pivot" class="type:primaryImage"></p><p>The Celsius-linked Bitcoin miner is seeking a Nasdaq direct listing as it repurposes mining infrastructure for AI and high-performance computing workloads.</p>
Australia’s crypto travel rule is coming into effect: Here’s what's changing
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/australia-crypto-market-adoption-traveller-tourist.jpg" alt="Australia’s crypto travel rule is coming into effect: Here’s what's changing" class="type:primaryImage"></p><p>From July, crypto exchanges operating in Australia will prompt for additional information on all outgoing and incoming transfers.</p>
Cathie Wood’s ARK adds $43.5M in crypto stocks amid market dip
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-why-low-latency-is-important-for-cryptocurrency-exchanges-etf.jpg" alt="Cathie Wood’s ARK adds $43.5M in crypto stocks amid market dip" class="type:primaryImage"></p><p>ARK Invest's biggest crypto stock purchases over the past three trading days were Coinbase and Circle, whose shares have fallen 17% and 27.6%, respectively, over the past month.</p>
Bitmine lifts Ether holdings to 5.7M as it joins Russell 1000
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-how-to-buy-ethereum-with-bitmine-1.jpg" alt="Bitmine lifts Ether holdings to 5.7M as it joins Russell 1000" class="type:primaryImage"></p><p>Bitmine purchased about $43 million worth of Ether last week as it entered the Russell 1000 Index, bringing it closer to its goal of owning 5% of ETH’s supply.</p>
Sovereign funds see Bitcoin discount as entry point: MidChains CEO
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-how-are-governments-implementing-the-guidelines-bitcoin.jpg" alt="Sovereign funds see Bitcoin discount as entry point: MidChains CEO" class="type:primaryImage"></p><p>It sends “a very clear signal” to other institutions that may be sitting on the sidelines and looking at these larger funds as leaders, said MidChains CEO Basil Al Askari.</p>
SEC wins $5.4M judgment in NanoBit crypto fraud case
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/bank-building-hall-entrance-door-sec-1.jpg" alt="SEC wins $5.4M judgment in NanoBit crypto fraud case" class="type:primaryImage"></p><p>The SEC alleged that NanoBit’s crypto trading platform was fake and that hundreds of thousands of dollars in investor funds were misappropriated.</p>
Singapore's Hyperliquid warning, Indonesia's FinFluencer license: Asia Express
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/asia-express-5.jpg" alt="Singapore's Hyperliquid warning, Indonesia's FinFluencer license: Asia Express " class="type:primaryImage"></p><p>Hyperliquid follows Bybit onto Singapore's "naughty" list, Indonesia's new scheme to certify social media influencers promoting crypto: Asia Express.</p>
Trump’s weekend Iran strikes keep sparking Monday stock rallies. Here’s what the data shows us.
Call it the ‘Axios put’: On average, stocks have been up more on Mondays in the second quarter than in recent years
UK sets final crypto rules as firms face 2027 FCA authorization deadline
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/blockchainweekuk-fca.jpg" alt="UK sets final crypto rules as firms face 2027 FCA authorization deadline" class="type:primaryImage"></p><p>The UK’s financial regulator has published its crypto regulatory framework, setting the authorization deadline for cryptocurrency firms for February 2027.</p>
Bitcoin faces critical test as bulls aim to hold $60K: Did BTC bottom?
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/article-covers-253090-suckers-rally-why-bitcoin-analysts-say-btc-price-must-hold-70k.jpg" alt="Bitcoin faces critical test as bulls aim to hold $60K: Did BTC bottom?" class="type:primaryImage"></p><p>Bitcoin’s loose hold on $60,000 and soft futures markets raise questions about whether BTC has bottomed.</p>
Donald Trump has 10 days to decide on housing bill with CBDC ban
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/white-house-crypto-trump.jpg" alt="Donald Trump has 10 days to decide on housing bill with CBDC ban" class="type:primaryImage"></p><p>House Speaker Mike Johnson transmitted a housing bill with a provision barring the US Federal Reserve issuing or creating a CBDC until 2030 to Donald Trump on Monday.</p>
Tesla’s stock rips higher after a long-awaited update to self-driving technology
EV maker’s stock has best day in over a year, but is still down for the month.
Charter may be making ‘frenemies’ with SpaceX, and its stock is soaring
Shares of other telecoms are falling, as SpaceX’s Starlink has options to move into the wireless market. A potential partnership with Charter could be one of those options.
Most Americans have no idea how close we just came to financial chaos
If you care about your money, close your eyes and say a prayer of thanks to John Roberts and Brett Kavanaugh
Value stocks beat growth when inflation is high. Here are 13 stocks top newsletters are betting on now.
Many portfolio experts are wrong about what drives value outperformance. This single metric explains why.