As the U.S.-Israel campaign against Iran stretches into its fourth week, the strait remains a chokepoint, its waters as tense as a cat on a hot tin roof. Global trade, that fickle mistress, quivers in anticipation. The Strait of Hormuz, a lifeline for oil and liquefied natural gas, has become a stage for absurdity, its disruptions sending shivers through supply chains far and wide.
Meanwhile, data from BeInCrypto’s Dune dashboard reveals that our dear Hyperliquid is the sole major perpetual DEX basking in the warm glow of market share growth in 2026. Such fundamental strength, alas, has yet to translate into an exhilarating breakout-though spot buyers and derivatives positioning are whispering sweet nothings, suggesting this lull may be as fleeting as a summer romance.
In a recent letter, Larry Fink explained that the current financial system has largely benefited those who already have investments, leaving many workers behind. He believes this inequality, along with growing government debt and low levels of investment by the general public, is creating challenges for the traditional financial system in the U.S.
Polymarket, one of the titans of prediction markets, has unveiled a suite of measures intended to rein in the wild stallions of illegal activities on its platform.
Following the grand proclamation from the Trump Administration regarding a temporary ceasefire in hostilities aimed at the Iranian regime, the prices of the two illustrious oil benchmarks, Brent and the West Texas Intermediate (WTI), succumbed to a dramatic decline. One can only imagine the panic in boardrooms across the globe as traders scrambled to recalibrate their expectations.
As we dive into this delightful dip in gold prices, let us unpack the curious case of why our dear gold is tumbling, what the future holds, and why Mr. Schiff dares to propose an audacious target of $11,400.
We’ve just seen the company complete a $134 million funding round. It was a private placement, meaning the funds came from a select group of investors, including well-known firms like Framework Ventures and Tether Investments.
The CoinDesk 20 is currently trading at 2025.84, up 0.2% (+3.37) since 4 p.m. ET on Friday.
But wait! Before you start thinking about that yacht you’re going to buy, let’s talk about the elephant in the room. XRP’s open interest has dropped faster than my motivation on a Monday morning, plummeting from a whopping $2.6 billion to a measly $900 million to $1 billion in early 2026. Looks like some people are unwinding their leveraged positions, or maybe they just realized they forgot to set their stop losses.
The recent surge in crypto prices happened after former President Trump suggested a cooling down of tensions with Iran, which relieved concerns about an immediate war. Crypto markets responded quickly. With the perceived risk of conflict decreasing, investors moved money into higher-risk investments, and crypto led the way because it’s so sensitive to changes in market feeling. The quickness of this increase also suggests a ‘short squeeze’ – meaning traders who bet against crypto were forced to buy back in, further driving up prices after a period of stagnation.
