News
Stay up-to-date with the latest developments in the world of finance and crypto. Our News section brings you timely updates, market trends, regulatory changes, major partnerships, and breaking stories that impact the global financial landscape. Whether you’re a seasoned investor or just getting started, this is your trusted source for staying informed.
In a dramatic twist following President Trump’s announcement of a 50% tariff on copper imports starting August 1, major commodity traders—Trafigura, Mercuria, Glencore, and IXM—are positioned to reap an estimated $300 million windfall. Within minutes of the tariff announcement, U.S. copper prices on the COMEX surged 13%, creating a staggering 28% premium over London Metal Exchange…
In a strategic pivot, President Trump revealed a plan to channel U.S. weapons to Ukraine through NATO allies—who will pay 100% of the cost. As he explained in an NBC News interview: “We’re sending weapons to NATO, and NATO is paying for those weapons, 100%. … We are going to be sending Patriots to NATO…
Open interest in XRP options on Deribit has surged dramatically—up 38% in just two weeks—from $71 million to nearly $98 million, approaching the all‑time high of $102.3 million from late June . In contract terms, that’s a 26% jump, with over 42,000 contracts now outstanding (each representing 1,000 XRP). Why It Matters: Market Sentiment &…
The World Food Programme (WFP) has initiated a comprehensive review of its partnership with Boston Consulting Group (BCG) after learning — only through media reports — about the consultancy’s unauthorized work in Gaza. The revelations, first published this week, have sparked critical questions about BCG’s involvement in a controversial aid model that led to violence…
Intro:Delta Air Lines saw its stock surge around 10–12% following strong second-quarter results and the reinstatement of its full‑year financial guidance— a decisive signal that flight demand has rebounded and confidence in the post‑tariff market recovery is building . Key Highlights: Investor Takeaway:Delta’s solid performance—propelled by premium demand, loyal customers, strategic capacity management, and cost…
Following a vote in the European Parliament, the EU will remove the United Arab Emirates (UAE) and Gibraltar from its “grey” list of jurisdictions with inadequate anti‑money laundering (AML) controls. This decisive action aligns the EU with the Financial Action Task Force (FATF), which delisted the UAE and Gibraltar in 2024, and follows wider reforms…
In a significant move, the European Union has voted to remove the United Arab Emirates and Gibraltar from its “grey list” of jurisdictions with weak anti-money-laundering (AML) systems. The update, formalised this week and to be published soon in the EU’s Official Journal, follows the Financial Action Task Force delisting both in 2024 . Why…
Today, meme-coin PEPE surged approximately 3%, fueled by notable increases in whale holdings and renewed crypto market momentum, even amid lingering concerns over global trade tariffs . 📈 On‑Chain Whale Activity A fresh data assessment reveals that major PEPE holders—the so-called “whales”—have increased their holdings by around 1.75%, now controlling approximately 303 trillion tokens. This behavior…
This morning, July 9, 2025, French financial police carried out a major raid at the Paris headquarters of the far-right Rassemblement National (RN), led by Jordan Bardella and formerly headed by Marine Le Pen . The operation targeted documents, emails, and accounting records linked to election campaigns dating back to 2022—spanning presidential, legislative, European, and…
Bitcoin mining firms just received a historic valuation anchor. According to JPMorgan analysts, the CoreWeave acquisition of Core Scientific establishes a new floor valuation for publicly traded Bitcoin miners—even if the deal is a one-off transaction. This milestone could redefine how institutional investors assess the sector. 🔍 Key Highlights 🌐 Broader Outlook 📌 Takeaway for…
