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Crude Oil Retreats to Pre-Conflict Pricing as Hormuz Strait Normalizes
3+ hour, 11+ min ago (399+ words) Crude oil markets have reversed their conflict-driven gains, returning to pre-war pricing levels as maritime traffic through the critical Strait of Hormuz corridor shows substantial recovery and supply disruption concerns diminish. Brent crude futures declined 1. 8% to settle at $72. 42 per barrel…...
Democratic Lawmakers Demand SEC Clarity on AI Trading Agent Regulation
54+ min ago (346+ words) House Democrats demand SEC answers on AI trading agent oversight, investor protection, and regulatory accountability ahead of July 31 deadline. The post Democratic Lawmakers Demand SEC Clarity on AI Trading Agent Regulation appeared first on Blockonomi. Key Points Democratic representatives demand…...
Animoca Brands Partners with All Scale for AI-Powered Stablecoin Payment Solutions
1+ hour, 12+ min ago (326+ words) Animoca Brands backs All Scale to build stablecoin payment infrastructure supporting AI agents, cross-border settlements, and automated treasury operations. The post Animoca Brands Partners with All Scale for AI-Powered Stablecoin Payment Solutions appeared first on Blockonomi. Key Highlights Animoca Brands…...
European Semiconductor Sector Surges Following Micron's Record-Breaking Results
2+ hour, 43+ min ago (379+ words) European stock markets traded higher on Thursday, propelled by two significant catalysts: declining energy prices and exceptional quarterly results from American semiconductor giant Micron Technology. Brent crude futures declined more than 1. 5%, settling below the $73 per barrel threshold. The retreat followed…...
Indonesia Mandates Certification for Influencers Promoting Cryptocurrency
2+ hour, 33+ min ago (331+ words) Indonesia introduces mandatory certification for crypto influencers, limiting digital asset promotions to licensed firms and approved exchanges under OJK rules. The post Indonesia Mandates Certification for Influencers Promoting Cryptocurrency appeared first on Blockonomi. Key Points Indonesian authorities mandate competency certificates…...
Gold Plunges Under $4, 000 as Federal Reserve Hawkishness Intensifies
1+ hour, 59+ min ago (471+ words) The precious metal market is experiencing significant downward pressure as the strengthening U. S. dollar combined with mounting anticipation of Federal Reserve monetary tightening drives prices to their lowest point in seven months. Spot gold declined 0. 2% to settle at $3, 984. 83 per ounce during…...
Bithumb Hit with $136 K Fine Over Unauthorized Cross-Border Data Transfers
1+ hour, 32+ min ago (317+ words) Bithumb receives 210 M won fine from South Korea's privacy regulator for transferring user data overseas without consent, must fix cross-border processes. The post Bithumb Hit with $136 K Fine Over Unauthorized Cross-Border Data Transfers appeared first on Blockonomi. Key Takeaways South…...
SK Hynix Stock Soars 13% on Micron's Blockbuster Results and Nasdaq Debut Announcement
1+ hour, 59+ min ago (378+ words) Shares of SK Hynix climbed as high as 15% to reach a new record of 2, 987, 000 won during Thursday's session, ultimately settling with gains near 13% by the close in South Korea. The dramatic rally stemmed from two powerful catalysts converging simultaneously " the…...
U. S. Dollar Surges to 13-Month Peak on Fed Rate Hike Expectations
2+ hour, 51+ min ago (455+ words) The American dollar is poised to record its strongest monthly performance in almost twelve months, propelled by growing market conviction that the Federal Reserve will implement interest rate increases before 2026 concludes. The dollar index, a measure of the U. S. currency's performance…...
Crypto Plunges While Tech Rallies: Why Micron's Surge Couldn't Save Bitcoin
4+ hour, 16+ min ago (312+ words) Bitcoin's price touched approximately $59, 200 during Wednesday's session before mounting a modest recovery toward $60, 700 by Thursday. Despite this rebound, the leading cryptocurrency remained down 2. 9% over 24 hours and suffered a 5. 4% weekly decline, based on Coin Desk market data. Altcoins experienced even more…...