News
Kraken Seeks Federal Banking Charter to Expand Crypto Custody Services
1+ hour, 14+ min ago (429+ words) Payward, which operates the Kraken cryptocurrency exchange, has submitted a formal application to the U. S. Office of the Comptroller of the Currency (OCC) seeking a national trust company charter. The submission was made public on Friday, May 8, 2026. "KRAKEN PARENT MOVES TO…...
Stock Futures Rally Amid US-Iran Conflict as Jobs Report Looms
19+ hour, 9+ min ago (392+ words) Investors largely dismissed military hostilities between the United States and Iran on Friday, pushing stock futures into positive territory as attention turned toward crucial employment statistics. Contracts tied to the S&P 500 advanced 0. 5%, with Nasdaq 100 futures gaining 0. 7%. Dow futures increased…...
Switzerland Abandons Bitcoin Reserve Push After Missing Signature Goal
18+ hour, 25+ min ago (247+ words) The Bitcoin Initiative was granted an 18-month window to mobilize public backing for their constitutional amendment proposal. Despite sustained efforts, organizers acknowledged that with mere weeks remaining before the deadline, reaching the necessary signature count had become impossible. Consequently, the…...
Swiss Bitcoin Reserve Campaign Collapses After Falling Short of Required Signatures
18+ hour, 23+ min ago (468+ words) The Swiss Bitcoin Initiative has officially abandoned its campaign to require the Swiss National Bank (SNB) to hold Bitcoin in its reserves. The campaign secured only about 50, 000 signatures " half of the 100, 000 required under Swiss law to trigger a constitutional referendum....
Gold Surges Past $4, 700 Mark Amid Central Bank Buying Spree and Geopolitical Concerns
22+ hour, 54+ min ago (527+ words) The price of gold pushed past the $4, 700 per troy ounce threshold on Friday, setting up for a solid weekly performance as institutional demand from central banks and geopolitical instability in the Middle East continued to attract market participants. Spot gold…...
Warren Buffett Indicator Hits 230%: Is the Famous Market Bubble Signal Broken?
1+ day, 15+ hour ago (418+ words) The Warren Buffett Indicator has reached 230%, its highest level ever recorded. Many analysts are calling this the largest stock market bubble in history. However, a closer look at the formula raises serious questions. The metric may be structurally outdated for…...
Gold Climbs Past $4, 700 Amid Diplomatic Breakthrough Between Washington and Tehran
1+ day, 22+ hour ago (474+ words) The yellow metal has extended its upward trajectory for a third consecutive session as optimism surrounding potential diplomatic resolution between Washington and Tehran sent crude oil prices tumbling and reduced worries about persistent inflation. Spot gold advanced 1% to reach $4, 736. 61 per…...
Gold Surges 2. 3% on U. S. -Iran Diplomatic Progress and Weakening Dollar
2+ day, 21+ hour ago (260+ words) Precious metals experienced substantial appreciation during Wednesday's session, with spot gold advancing 2. 3% to settle at $4, 662. 70 per ounce in New York markets, while futures contracts reached $4, 668. 80 per troy ounce'marking a 2. 2% daily increase. Silver demonstrated even stronger performance, surging 4. 2% to $75. 91. Both platinum…...
Stock Futures Rally Tuesday on Palantir (PLTR) Earnings and Easing Geopolitical Tensions
3+ day, 19+ hour ago (350+ words) Equity index futures posted solid gains Tuesday morning as market participants shifted attention away from escalating Middle East conflicts toward promising corporate earnings results. Dow Jones Industrial Average futures advanced 145 points, representing a 0. 3% increase. Meanwhile, S&P 500 futures rose 0. 3% and…...
Gold Slides Nearly 2% Amid Heightened US-Iran Standoff in Strait of Hormuz
4+ day, 17+ hour ago (291+ words) Spot bullion plummeted as much as 1. 9% during intraday trading before moderating to approximately 1. 1% lower, settling within the $4, 562$4, 571 range per ounce in London markets. Futures contracts similarly declined 1. 5% to reach $4, 573. 94. The selloff followed President Donald Trump's weekend announcement of "Project Freedom,…...