U.S. stock-index futures reversed early losses on Sunday as the market braced for another surge in oil prices this week, with the conflict with Iran threatening to escalate further.
In a post-mortem of the incident, Aave clarified it was not slippage, but an illiquid market that caused the trader to lose over $50 million while swapping USDT for AAVE.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDMvMDE5Y2YzNGUtMGMwZi03MDkzLTg2ZDktOWM2OWNjNWQwYjVmLmpwZw==.jpg" alt="CLARITY Act risks handing crypto to centralized players: Gnosis exec" class="type:primaryImage"></p><p>The legislation assumes that all crypto activity must pass through financial intermediaries licensed by the US government, warns Gnosis co-founder.</p>
Broken trendlines and a looming ‘death cross’ pattern bode badly for the financial sector, and therefore the rest of the stock market.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDMvMDE5Y2YyY2EtNTk1NC03YTBkLTkxYTgtMTFhN2VlMzkwMmUzLmpwZw==.jpg" alt="Venus Protocol hit by $3.7M in 'supply cap' attack" class="type:primaryImage"></p><p>The threat actor manipulated the platform by using Thena tokens to bypass the maximum supply cap and borrow several different digital assets.</p>
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDMvMDE5Y2YyMzMtNDMwMy03NjlmLTgxMzItMjA0NjkxMzg5YmVjLmpwZw==.jpg" alt="Vitalik Buterin promotes an update simplifying Ethereum node software" class="type:primaryImage"></p><p>The blockchain co-founder said the goal is to make the "self-sovereign" method of Ethereum users running their own nodes a user-friendly experience.</p>
A popular oil fund pulled in $1 billion from investors in 9 days, while an ETF that tracks the S&P 500 shed $12.6 billion
Executive membership has grown by 9.1% to nearly 40 million — and these social-media stars are celebrating it in a viral video.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDMvMDE5Y2FmNjctOWFiYy03NDY1LWE3ODQtMDgwY2Q0Njg2ZWY0LmpwZw==.jpg" alt="Bitcoin price teases key support reclaims with weekly close above $70K" class="type:primaryImage"></p><p>Bitcoin edged toward an important weekly close above $70,000 that would include a reclaim of an important 200-week trend line.</p>
During the Iran conflict, gold attracted safe-haven demand, while Bitcoin’s reaction reflected liquidity conditions and broader market sentiment rather than acting as a classic crisis hedge.
With results due this week from FedEx and retail names like Lululemon and Macy’s, we’ll likely hear more about consumers’ attitudes, as gas prices and shipping costs spike and the conflict widens in the Middle East.
Nvidia “is having a harder time moving the needle” these days, one analyst notes.
Forensic analysis of lobbyist Mauricio Novelli’s phone reportedly uncovered a draft document outlining a $5 million payment tied to Milei’s promotion of the Libra token.
Regulatory uncertainty around stablecoins may disadvantage banks, as crypto firms continue expanding while financial institutions wait for clearer rules.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YWY5NTktMjdmZi03NDBhLWEwODItZTY1ODE2NTI0YjFh.jpg" alt="Altseason is dead, expect shorter cycles and ‘violent’ rotations: Crypto exec" class="type:primaryImage"></p><p>Only a few crypto tokens will experience price rallies and asymmetric upside, while broad altcoin market rallies are a thing of the past.</p>
The Ethereum Foundation completed a $10.2 million OTC sale of 5,000 ETH to BitMine as part of its treasury management strategy to fund operations and ecosystem development.
Santiment says the recent uptick in Bitcoin whale accumulation is a "positive reversal," and the platform is watching for retail selling to confirm a potential market bottom.
While many in the industry believe stablecoin rewards are the only sticking point for the US CLARITY Act, a crypto executive said more obstacles could appear.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YmU2M2MtNWYyMy03N2MyLWIwNTItODQ3ODEwY2E0MjIwLmpwZw==.jpg" alt="Changing Basel rules could unlock 'huge' liquidity for BTC: Analyst" class="type:primaryImage"></p><p>Banks seek to deploy capital in the most efficient way possible, but capital rules under the Basel III framework make crypto holdings costly.</p>
Focus on stocks that are stable when investors flee to safety and stock-market liquidity dries up.