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The US is fast-tracking a large arms sale to its Middle East allies, in a move that underscores stronger military cooperation. The Financial Times reported on May 2 that the Trump administration is moving quickly to approve arms sales worth about $8.
Warren Buffett, chairman of Berkshire Hathaway Inc., said the US investment environment still offers opportunities even as investor behavior grows increasingly speculative. The remarks highlight a shift in market sentiment. Walter Bloomberg reported
The three major U.S. stock indexes closed mixed on May 2. The Nasdaq Composite rose 0.89% from the previous session to 25,114.44. The Dow Jones Industrial Average fell 0.31% to 49,449.02, while the S&P 500 rose 0.29% to 7,230.11.
President Donald Trump said the US has no plans to withdraw from the Strait of Hormuz, reaffirming Washington’s intent to maintain control of the key maritime corridor. Walter Bloomberg reported on May 1 that Trump said, “The United States will not b
President Donald Trump said U.S. military action involving Iran did not require congressional approval, citing the end of hostilities. NBC News reported on May 1 that Trump, in a letter to Congress, said congressional approval was not needed for mili
The Ethereum Foundation has agreed to sell 10,000 Ether through an over-the-counter transaction to raise funds for its operations. CoinDesk reported on May 1 that the foundation signed the OTC deal to sell 10,000 ETH. The average sale price was $2,29
Paradigm has proposed a model to protect long-dormant Bitcoin (BTC) from the threat posed by quantum computing, outlining what could become a shift in crypto security. The Block reported on May 1 that Paradigm researcher Dan Robinson unveiled a model
CoinShares, a crypto asset manager, reported about $7.4 billion in assets under management in its first full-year results since listing. Crypto-focused media outlet The Block reported on May 1 that CoinShares posted total revenue of $165.7 million in
President Donald Trump said the US is producing and selling more crude oil, underscoring his emphasis on expanding energy supply. Walter Bloomberg reported on May 1 that Trump said, "The United States is now producing and selling more oil." The remar
President Donald Trump struck a negative tone on the terms of negotiations with Iran, highlighting the continuing stalemate in the talks. Walter Bloomberg reported on May 1 that Trump said Iran is "asking for things that I cannot accept." The comment
Iran said it is prepared to pursue diplomacy with the US if Washington eases its demands, signaling it remains open to restarting negotiations. Walter Bloomberg reported on May 1 that Iranian Foreign Minister Abbas Araghchi said Tehran would be ready
US Treasury Secretary Scott Bessent reaffirmed Washington’s plan to keep its maritime blockade on Iran in place, signaling continued pressure on Tehran. On May 1, Bessent wrote on X, the platform formerly known as Twitter, that the blockade would con
President Donald Trump said the US will raise tariffs on cars and trucks imported from the European Union, putting trade tensions back in focus. On May 1, Trump said tariffs on EU-made cars and trucks would be increased to 25%, according to Walter Bl
The White House declined to say whether Iran had submitted a proposal, underscoring its private approach to diplomacy. Walter Bloomberg reported on May 2 that the White House would not disclose details of private diplomatic discussions when asked whe
The three major U.S. stock indexes were trading higher. The Nasdaq Composite was up 1.08% from the previous close at 25,162.05 as of 12:30 a.m. on May 2. The Dow Jones Industrial Average rose 0.16% to 49,729.94, while the S&P 500 gained 0.65% to 7,25
Airstrikes by Iran and allied forces damaged multiple US military bases in the Middle East, adding to losses in military infrastructure. Walter Bloomberg reported on May 1 that Iran and affiliated forces struck at least 16 US bases across eight count
US President Donald Trump said energy prices could decline after the war involving Iran ends. He also weighed in on Iran's participation in international sports. On May 30, Trump said gasoline prices would fall once the Iran war is over, according to
The three major US stock indexes closed higher on May 1. The Nasdaq Composite rose 0.89% from the previous session to 24,892.31. The Dow Jones Industrial Average gained 1.62% to 49,651.95, while the S&P 500 advanced 1.04% to 7,210.24.
President Donald Trump said he has no plans to take any separate action regarding Federal Reserve Chair Jerome Powell’s future, a comment that could ease concerns over tensions surrounding monetary policy. Walter Bloomberg reported on May 30 that Tru
President Donald Trump raised fresh uncertainty over whether a ceasefire with Iran will hold, fueling concern that tensions could flare again. On May 30, Trump said, according to Walter Bloomberg, "I don't know if there is a need to break the ceasefi
Walrus, a storage protocol built on Sui, has unveiled memory infrastructure for AI agents, adding to a growing list of projects combining artificial intelligence and blockchain. Decrypt reported on May 30 that Walrus launched MemWal, a memory layer a
Strategy’s Bitcoin buying strategy is sustainable over the long term, according to an analysis that pushed back against concerns about its preferred stock-based fundraising structure. The Block reported on May 30 that Wall Street investment bank Benc
The U.S. Senate has adopted a rule barring senators from trading on prediction markets, tightening conflict-of-interest safeguards. CNBC reported on May 30 that the Senate approved the measure unanimously and made it effective immediately. The rule a
Crypto-based card payment volumes are expanding rapidly, signaling broader adoption in everyday spending. SolidIntel said on May 30 that global crypto card payment volume was up about 500% from September 2024. Recent monthly payment volume reached ab
Sui is well suited for building consumer-focused Web3 applications, according to an analysis highlighting the blockchain’s technical architecture. CoinDesk reported on May 30 that Josh Olszewicz, an analyst at Canary Capital, described Sui as “a laye
Elon Musk renewed his criticism of the cryptocurrency market, saying some digital assets have value while casting a broadly negative view on the sector. Musk testified at a trial in an Oakland court on May 30 that “some cryptocurrencies have value, b
Bitcoin’s short-term upward momentum is weakening, raising the possibility of a retest of key support levels. CryptoPotato reported on May 30 that Bitcoin entered a corrective phase after failing to break above the $80,000 resistance level and the up
Democratic U.S. senators have raised questions about an alleged loan transaction involving Commerce Secretary Howard Lutnick and stablecoin issuer Tether, sharpening scrutiny over a potential conflict of interest. Bloomberg reported on May 30 that Se
Iran has again emphasized a strategy built around control of the Strait of Hormuz, underscoring its broader aim of reshaping influence in the Middle East. Walter Bloomberg reported on May 30 that Iranian Parliament Speaker Mohammad Bagher Ghalibaf sa
Eric Trump struck a bullish note on Bitcoin, pointing to growing institutional participation as the main reason. CoinDesk reported on April 29 that Trump said at the Bitcoin 2026 conference that Bitcoin is now in "the greatest era it has ever seen."