Market news
Crypto, stocks, forex and macro, aggregated for traders.
US Strikes Iranian Military Sites; Iran Hits US Airbase in Kuwait
CENTCOM reports self-defense strikes on Iranian radar and drone command posts in Iran and on Qeshm Island. Iran retaliated by hitting a US airbase in Kuwait, according to CBS News. The ceasefire remains in effect per CENTCOM.
Global Manufacturing PMIs and Key Events for June 1
A packed day of global manufacturing PMI releases, Swiss GDP, Eurozone unemployment, and corporate events including CME's BTC volatility futures launch and Binance product announcement.
Whitehat Developer Recovers 1,003 ETH Stuck in 2016 ICO Contract
A developer known as Florent has rescued 1,003 ETH (worth about $2 million) that had been locked in a 2016 ICO smart contract for nine years. The whitehat exploit now allows original investors to reclaim their funds.
Sui Releases Incident Review of May 28-29 Mainnet Outages
Sui published a post-mortem detailing two mainnet outages on May 28-29 caused by gas charging bugs and a validator randomness issue. All problems have been fixed with no user funds at risk.
Russian Authorities Detain Heads of Firms Over Frozen Asset Unblocking Scheme
Russian security forces have arrested Alexei Sedushkin, head of the Investment Chamber, and Yulia Khandoshko, head of broker Mind Money, on fraud charges linked to the unblocking of frozen assets.
Japan's Strategic Oil Reserves Hit Record Low Amid Hormuz Blockade
Japan's crude oil imports fell 66% in April due to the ongoing Strait of Hormuz blockade, driving strategic petroleum reserves to an all-time low, according to Kpler data and Japan's Ministry of Economy.
Trump approval rating hits record low in YouGov poll
President Trump’s approval rating has fallen to a record low in a new YouGov survey. Gallup stopped publishing similar ratings months ago, citing a shift to long-term research.
Wildberries Eyes Stake in Rosgosstrakh from VTB
Wildberries may acquire a stake in insurance company Rosgosstrakh, a non-core asset VTB is selling. Market participants estimate the deal could be worth 50–70 billion rubles.
US Treasury Secretary Bessent Urges Passage of CLARITY Act; SEC Chair Sees Congress Approval
US Treasury Secretary Scott Bessent has again called for the swift passage of the CLARITY Act, a crypto market structure bill. SEC Chair Paul Atkins expressed confidence that Congress will advance the bill and that President Trump will sign it into law.
Bitcoin Falls to $73K; Ethereum Privacy Proposal, Fidelity 2026 Trends, Quantum Warning
Bitcoin declined to $73,000 this week. Other notable events include a proposal for private Ethereum transactions, Fidelity's 2026 crypto trends report, Anthropic's discovery of 10,000 critical vulnerabilities, and a warning about AI accelerating quantum threats.
ECB's Simkus Backs June Rate Hike; Pereira Urges No Delay
ECB policymaker Simkus reiterated support for a rate hike in June, while colleague Pereira called for swift action amid rising consumer price pressures.
81% Beat Revenue, 85% Beat EPS – Highest Since Q2 2021 (FactSet)
According to FactSet, 81% of US companies have beaten revenue expectations and 85% have beaten EPS expectations in the current earnings season, both the highest readings since Q2 2021 and well above historical averages.
CryptoQuant CEO Says Bitcoin Bear Market Could Last Until Early 2027
Ki Young Ju, founder and CEO of CryptoQuant, predicts the current Bitcoin bear market may extend into early 2027 based on the PnL Index Signal, which shows cascading profit-taking since October 2025.
EU Targets Aerospace Minerals and Oil Tankers in 21st Russia Sanctions Package
The European Union is set to introduce a 21st sanctions package against Russia, including restrictions on minerals used in aerospace and drones, as well as measures targeting around 20 oil tankers, potentially including LNG carriers, according to Bloomberg.
Solo Miner Earns 3.14 BTC Mining Bitcoin Block #951771
A solo miner successfully mined Bitcoin block #951771, receiving a 3.14 BTC reward. The miner used the Braiins Solo platform, CKPool software, and a Canaan Avalon Nano 3 device that combines mining with space heating.
SoftBank to Invest $75 Billion in AI Infrastructure in France
Japanese holding SoftBank plans to invest approximately $75 billion to build AI data centers in France with total capacity up to 5 GW. The first phase could launch by 2028, aiming to boost Europe's technological independence in AI.
EU Considers Freezing Russian Oil Price Cap Amid Middle East Conflict
The European Union is deliberating a temporary freeze on the price cap for Russian oil, currently set at $44.10 per barrel, as the Middle East war prompts a policy review. Options include suspending dynamic and automatic price increases until the end of the year.
Bitcoin ETFs Extend Outflow Streak to Three Weeks, XRP and Solana See Inflows
Spot Bitcoin ETFs recorded a third consecutive week of outflows, with investors pulling $1.42 billion. Meanwhile, XRP and Solana ETFs attracted fresh capital for the fourth straight week.
Global Economic Calendar: PMIs, Jobs, Central Bank Speeches
A packed week ahead with manufacturing and services PMIs from major economies, US jobs data, central bank speeches, and key inflation reports.
China's Central Bank to Create National Clearing House for Digital Yuan
The People's Bank of China plans to establish a national clearing house for e-CNY transactions, modeled on UnionPay, to accelerate international adoption of the digital yuan.
Trump Tightens Terms for Iran Nuclear Deal, Warns of Military Action
President Trump has toughened the conditions for a potential framework agreement to end the conflict with Iran, according to three officials. The changes have been sent to Iran for review, though the new demands are not yet known. Trump also stated that if no deal is reached, the US is prepared to resume military operations against Iran.
US tests humanoid combat robots in Ukraine war zone — CNBC
The U.S. is testing humanoid robots on the battlefield in Ukraine, according to CNBC. Foundation Future Industries plans mass production of military robots for the U.S. Army.
Court Orders Trump's Name Removed From Kennedy Center, Must Respond to Charges
A U.S. court has ordered the removal of Donald Trump's name from the Kennedy Center in Washington, D.C., and also mandated that he respond to conspiracy allegations in a tax case. Trump will headline the Great American Fair for the U.S. 250th anniversary after artist withdrawals.
Genius Surges 116% Intraday, No Reason Found; Investigation Underway
Genius experienced a suspicious 116% intraday surge with no disclosed reason. The company is investigating the unusual trading activity with market surveillance firm ShareIntel.