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Kraken, a US cryptocurrency exchange, has expanded its spot margin trading service, broadening access to leveraged crypto trading for US retail investors. The company said on May 6 it would offer spot margin trading to US users, according to crypto n
Iran said it remains on alert against possible military and terrorist attacks, underscoring persistent tensions in the Middle East. Mohammad Bagher Ghalibaf, speaker of Iran’s parliament, said May 6 that the country is not underestimating the risk of
OPEC oil production fell sharply in April as war disrupted supply, underscoring ongoing instability in crude markets. Walter Bloomberg reported on May 6 that OPEC’s crude output fell to its lowest level in 36 years in April. The decline reflected mil
The US and Iran are discussing a memorandum of understanding aimed at ending the war, in a move that could pave the way for the two sides to resume negotiations. The Wall Street Journal reported on May 6 that Washington and Tehran, through mediation
An agreement between the US and Iran may not quickly restore normal conditions in the oil market, underscoring the risk of a prolonged supply-chain recovery. Walter Bloomberg reported on May 6 that Rystad Energy estimates it could take six to eight w
President Donald Trump said the US would ease sanctions on Iran if the two sides reach a deal, signaling he is leaving the door open to negotiations. On May 6, Trump said, "If we make a deal with Iran, I will ease sanctions on Iran," Walter Bloomberg
U.S. stocks closed higher on May 6, with all three major indexes ending the session in positive territory. The Nasdaq Composite rose 1.03% from the previous close to 25,326.13. The Dow Jones Industrial Average gained 0.73% to 49,298.34, while the S&P
Global financial institutions say blockchain-based tokenization is entering commercial use, underscoring an ongoing shift in traditional financial infrastructure. CoinDesk reported on May 5 that executives from major financial firms including Citigro
CME Group is preparing to launch a new Bitcoin-based derivatives product, underscoring growing demand for tools to hedge market volatility. Solid Intel reported on May 5 that CME plans to launch Bitcoin volatility futures on June 1, subject to regula
Iran has renewed its warning to the United Arab Emirates over possible military retaliation, signaling rising tensions in the Middle East. Walter Bloomberg reported on May 5 that Iran's Joint Military Command said the UAE would face an overwhelming r
Figure, a blockchain-based lending platform, has entered the US mortgage market in a bid to overhaul the traditional financing structure. CoinDesk reported on May 5 that Figure said its proprietary blockchain platform can cut lending costs by more th
The US Securities and Exchange Commission is considering an overhaul of the disclosure regime for listed companies, a move that could also affect publicly traded crypto firms. Crypto news outlet BeInCrypto reported on May 5 that the SEC is discussing
A timeline has emerged for a key upgrade to the Solana network, raising expectations for performance improvements. CoinDesk reported on May 5 that Solana co-founder Anatoly Yakovenko said the AlpenGlow upgrade could roll out as early as the third qua
US lawmakers are continuing to debate how to overhaul the tax framework for digital assets, with attention focused on a bill that could set the standard for the sector. Rep. Steven Horsford said the Digital Asset PARITY Act will serve as the basic fr
Ripple Chief Executive Officer Brad Garlinghouse stressed the importance of the legislative timetable for the CLARITY Act, a US crypto market structure bill, as attention turns to its prospects in Congress. Garlinghouse told CoinDesk on May 5 that th
The Solana Foundation is building payment infrastructure for AI agents, underscoring the growing convergence of artificial intelligence and blockchain technology. Crypto media outlet The Block reported on May 5 that the Solana Foundation developed Pa
Arthur Hayes, co-founder of BitMEX, said the altcoin market will endure despite structural changes. CoinDesk reported on May 5 that Hayes told the Consensus 2026 conference that “99% of altcoins could go to zero.” He compared that to the long-term tu
President Donald Trump said higher fuel prices are acceptable, linking energy costs to the security situation. Walter Bloomberg reported on May 5 that Trump said rising fuel prices are "a small price to pay." The comment was interpreted as signaling
President Donald Trump ramped up pressure on Iran to negotiate while leaving open the possibility of a response if talks fail, underscoring continued tensions. Trump said on May 5 that Iran "has to make a smart decision" and that "we don't want to ki
Jito Labs has unveiled a trading platform that allows users to keep control of their own assets, the latest sign of expanding decentralized trading infrastructure. Crypto media outlet CoinDesk reported on May 5 that Jito Labs is launching JTX, a self
Bitcoin miner Cipher Mining posted a first-quarter loss as both mining revenue and the value of its holdings fell. Cipher Mining (CIFR) reported a $114 million loss in the first quarter, crypto media outlet The Block reported on May 5. That was more
President Donald Trump issued a warning to Iran, signaling a tougher stance as tensions remain elevated. Walter Bloomberg reported on May 5 that Trump said, “Iran is not playing games with us. You’ll find out soon.” The remarks came amid military ten
MoonPay, a global crypto payments company, has acquired Solana-based trading protocol DFlow, extending its expansion strategy. MoonPay acquired DFlow for about $100 million, Fortune reported on May 5. The deal was structured as a stock transaction, t
Drift has unveiled a recovery plan for losses tied to a large-scale hack, as the protocol moves to begin compensating users. In a post on X on May 5, Drift said it plans to compensate affected users by issuing "recovery tokens" in proportion to the s
President Donald Trump criticized the current level of interest rates, keeping pressure on the debate over monetary policy. Trump said on May 4 that “interest rates are too high,” Walter Bloomberg reported. The comment was interpreted as another sign
The three major US stock indexes closed lower on May 5. The Nasdaq Composite fell 0.19% from the previous session to 25,067.80. The Dow Jones Industrial Average ended down 1.13% at 48,941.90, while the S&P 500 fell 0.41% to 7,200.81.
Iran said the attack on an oil facility in Fujairah in the United Arab Emirates was not a pre-planned operation, as a dispute over responsibility continues. Walter Bloomberg reported on May 4 that Iran's state broadcaster, citing a military official,
Iran warned the United Arab Emirates of possible military retaliation, adding to rising tensions in the Middle East. TASS reported on May 4 that an Iranian military source said "all interests" would be targeted if the UAE took what it described as re
Nine Texas residents have filed a class-action lawsuit against Bitcoin miner MARA Holdings, spotlighting the impact of mining operations on nearby communities. Decrypt reported on May 4 that the residents sued MARA over its mining facility. The plain
Russia has vowed a forceful response to any attempt to disrupt its Victory Day events, underscoring rising military tensions. Interfax reported on May 4 that Russia’s Defense Ministry said it would launch a massive missile strike on central Kyiv if U