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Oil Price Hits $120 as China Blocks US Sanctions on Five Refineries
- China issued its first blocking order voiding US sanctions on five Iran-linked refineries.
- Brent stayed above $111 and WTI near $101 after the Saturday announcement.
- MOFCOM ordered Chinese firms not to recognize or comply with the US sanctions.
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Crypto Youtubers Predict Bitcoin Bottom and Bear Market Cycle
- Bitcoin already bottomed at $60K, Carl Runefelt and David Wulschner argue
- Missing euphoria phase makes 80% bear market drawdown unlikely this cycle
- Wulschner sees possible $52K test, but calls deeper drop unlikely
Arbitrum’s KelpDAO Freeze Backfires as US Court Blocks $71 Million Recovery
- A US court order blocks Arbitrum from moving $71M frozen after the KelpDAO hack.
- Lawyers for 2015 DPRK kidnapping victims claim the seized funds as North Korean assets.
- Aave's Kelp restitution stalls until a federal divestiture hearing decides the funds' fate.
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Solana Trading Bot Turns 20 cents Into $1.32 Million on Ant Blockchain
- Solana arbitrage bots netted $1.32 million from $ANB price gap across Meteora pools.
- One trade flipped $0.227 into $696,000 after a 99% price impact.
- Ant.FUN's ANB token lost almost all its market cap during the event.
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Top Platforms for Stablecoin Settlement in 2026
An in-depth comparison of the best stablecoin settlement solutions in 2026, including SCRYPT, Fireblocks, Circle, Ripple, and Coinbase.
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Iran War Doubles Fuel Costs, Spirit Airlines Shuts Down After 34 Years, FLYYQ Stock Crashes 40%
- Spirit Airlines ended all operations on May 2 after 34 years, stock crashes 40%
- Iran War doubled jet fuel costs, adding $15 million weekly.
- A $500 million federal bailout collapsed after bondholders rejected terms.
MicroStrategy’s STRC Trading Volume Hits $380 Million as Payment Vote Nears
- Strategy maintained STRC's 11.5% dividend rate for May 2026.
- Michael Saylor highlighted STRC's strong fundamentals: just 3% volatility, 11.5% yield, and $380 million in daily liquidity.
- Strategy shareholders are voting on shifting dividend payments from monthly to twice-monthly .
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Paris Blockchain Week 2026. Arcanum and Mercuryo on institutional capital, MiCA, and crypto market maturity
- Institutional investors are asking operational and accountability questions rather than debating whether crypto deserves allocation.
- MiCA has improved legal certainty in Europe, while access between banks and digital asset platforms remains a core commercial challenge.
- Algorithmic trading, compliance-ready products, and resilient market architecture are becoming more important as the sector matures.
Trump Sons Profit From Every Angle of $1.6 Billion US-Backed Tungsten Deal
- Trump sons quietly bought 20% of a $1.6 billion US-backed tungsten miner.
- Their father's policy banned Chinese tungsten, locking in demand for the project.
- EXIM Bank and DFC pledged up to $1.6 billion in financing letters.
