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Cryptocurrencies
BlackRock IBIT's 30-day streak ends with $400 million outflow, BTC ends May on a low
BlackRock iShares Bitcoin exchange-traded fund (ETF) IBIT has experienced its first day of outflow in more than 30 days, with $400 million in value exiting from the ETF and ending its streak. The outflow followed a recent decline in BTC value, which saw its price below $105,000. According to data from Farside Investors, IBIT saw […]Cryptopolitan
Sat, May 31
Cryptocurrencies
Top Analyst Ditches Ethereum (ETH), Says This is the Best Altcoin to Invest in Today
Once the undisputed leader among altcoins, Ethereum (ETH) is showing signs of cooling off as it trades around $2,600 today. Despite its dominance in smart contracts and DeFi, ETH’s recent sideways movement has prompted top analysts to reassess their crypto investment strategies. With gas fees still fluctuating and scalability solutions rolling out slowly, many investors […]Cryptopolitan
Sat, May 31
Other
Hims to cut 4% of workforce amid ban on weight-loss drug copies
By Amina NiasseNEW YORK, May 30 (Reuters) - Telehealth platform Hims & Hers HIMS.N will cut 68 employees, or about 4% of its workforce, as it adjusts to a U.S. ban on manufacturing mass copies of the weight-loss drug Wegovy.A U.S. Food and Drug Administration ban on compounded copies of Wegovy, ...Reuters
Sat, May 31
Cryptocurrencies
Bitcoin up 10%, eyes $130K in June analyst say
Bitcoin ended May with a nearly 10% gain, and investors are already positioning for an even stronger June. Blockchain adoption is pulling ahead of macro stories, changing the way Bitcoin is being traded and talked about. This is being powered by corporate treasuries, regulated investment products, and a wave of US policy uncertainty. The OG […]Cryptopolitan
Sat, May 31
Other
Tennis-America's magnificent eight match 40-year-old record at French Open
By Karolos Grohmann PARIS, May 31 (Reuters) - Eight American players -- five women and three men -- have reached the French Open round of 16 this year, matching the country's record from 1985.Saturday's victories for Australian Open champion Madison Keys and world number two Coco Gauff co...Reuters
Sat, May 31
Cryptocurrencies
Expert Explains Why Fed Rate Cuts Are Not Imminent — Should Bitcoin Faithfuls Hold On?
Bitcoin and the broader crypto market have failed to find relief despite favorable Core Personal Consumption Expenditures (PCE) data in the United States. According to data from CoinGecko, the total cryptocurrency market capitalization dipped by nearly 5% on Friday, May 30th. However, an industry ex...Bitcoinist
Sat, May 31
Other
Tennis-Keys battles past Kenin to reach French Open fourth round
By Shrivathsa SridharPARIS, May 31 (Reuters) - Madison Keys sharpened up after a sluggish start to save three matchpoints and battle past Sofia Kenin 4-6 6-3 7-5 in an all-American meeting between Grand Slam champions to reach the French Open fourth round on Saturday.Victory meant the 30-year-old Au...Reuters
Sat, May 31
Cryptocurrencies
Wall Street is dumping stocks of companies like Trump Media and GameStop
Michael Saylor’s all-in Bitcoin plan turned Strategy into a market beast. The company’s value exploded past $80 billion. They’ve stacked more than $60 billion worth of Bitcoin. Yet somehow, Wall Street is still side-eyeing anyone else who tries to do the same thing. This week alone, a wave of firms announced new Bitcoin treasury plays. […]Cryptopolitan
Sat, May 31
Commodities
Trump says he plans to double steel, aluminum tariffs to 50%
Tariff increase announced at Pennsylvania steel plantShares of steelmaker Cleveland-Cliffs surgeTariffs take effect on June 4 Canadian Chamber of Commerce denounces tariff hikeBy Jeff Mason WEST MIFFLIN, Pennsylvania, May 30 (Reuters) - U.S. President Donald Trump said on Friday he planned to inc...Reuters
Sat, May 31
Other
Swiss solar panel maker Meyer Burger files for insolvency for German subsidiaries
May 31 (Reuters) - Swiss solar panel maker Meyer Burger MBTN.S filed for insolvency for its German subsidiaries, the company said in a statement on Saturday.Meyer Burger's German subsidiaries, Meyer Burger (Industries) GmbH and Meyer Burger (Germany) GmbH, have initiated insolvency proceedings, ...Reuters
Sat, May 31
Commodities
Saudi Arabia, Qatar to provide financial support to Syria's state employees, Saudi foreign minister says
Saudi, Qatar support follows lifting of US, EU sanctionsFinancial support to Syrian state employees to run for three months Saudi delegation to discuss investments in Syria's reconstruction By Menna AlaaElDin and Muhammad Al Gebaly CAIRO, May 31 (Reuters) - Saudi Arabia's Foreign Minist...Reuters
Sat, May 31
Other
Tennis-Second seed Gauff survives blip to beat Bouzkova at French Open
By Karolos GrohmannPARIS, May 31 (Reuters) - World number two Coco Gauff came through a shaky second set against Czech Marie Bouzkova to earn a 6-1 7-6(3) victory on Saturday and advance to the French Open last 16.A semi-finalist in Paris last year, Gauff, who had lost both previous matches against ...Reuters
Sat, May 31
Cryptocurrencies
Bitcoin Sharpe Ratio Says It’s Time For ‘Cautious Optimism’ — Further Upside Growth Incoming?
The price of Bitcoin has dropped by nearly 4% over the last seven days, indicating the waning bullish momentum in the largest cryptocurrency market. This recent sluggishness has called into question the strength of the latest bull rally that saw the market leader climb to a new all-time high last we...NewsBTC
Sat, May 31
Cryptocurrencies
Which Cryptocurrency Will Lead the Next Bull Run, Ethereum (ETH), Solana (SOL), or Mutuum Finance (MUTM)?
As the crypto market stirs with early signs of revival, investors are wondering which crypto to buy today for long-term gains before the next big rally. Ethereum (ETH) and Solana (SOL), two of the top cryptocurrencies by market cap, are already positioning themselves at the forefront. Ethereum, the cornerstone of smart contracts and DeFi, recently […]Cryptopolitan
Sat, May 31
Other
Cycling-Del Toro 'proud and happy' despite relinquishing Giro lead to Yates
May 31 (Reuters) - Isaac del Toro said he had no regrets over losing the Giro d'Italia's pink jersey on the penultimate stage on Saturday, with the young UAE Team Emirates rider happy to have shown that he can compete with the elite in the future.Del Toro emerged as the surprise overall lead...Reuters
Sat, May 31
Cryptocurrencies
US Sports Betting Platform To Raise $1 Billion For Ethereum Treasury Holdings
Ethereum is on the spotlight again this week. SharpLink Gaming, a US-based sports betting firm, has filed with the Securities and Exchange Commission (SEC) to offer up to $1 billion in common stock. The company says it plans to use the money to purchase Ether (ETH), the main cryptocurrency of the Et...Bitcoinist
Sat, May 31
Other
Iran minister says Oman presented elements of a U.S. proposal for nuclear deal
CAIRO, May 31 (Reuters) - Iran's Foreign Minister Abbas Araqchi said his Omani counterpart presented elements of a U.S. proposal for a nuclear deal between Tehran and Washington during a short visit to Tehran on Saturday.Araqchi said in a post on X that Iran "will respond to the U.S. proposa...Reuters
Sat, May 31
Other
CORRECTED-Pfizer-Arvinas breast cancer drug tops AstraZeneca's in delaying progression
May 31 (Reuters) - An experimental treatment by Pfizer PFE.N and Arvinas ARVN.O delayed progression of breast cancer by more than three months compared to AstraZeneca's AZN.L Faslodex in patients with a specific gene mutation, according to trial results announced on Saturday.The findings were pr...Reuters
Sat, May 31
