International Energy Agency chief Fatih Birol said on Thursday that oil markets could move into a "red zone" in July or August as global inventories keep declining while summer travel demand rises. He said the key remedy to the Iran war's energy shock is a full, unconditional reopening of the Strait of Hormuz, warning that continued closure without new Middle East supply could tighten markets further.

On Wednesday, spot bitcoin ETFs posted $70.47M in net outflows, marking a fourth straight session of redemptions led by BlackRock's IBIT at $61.45M. Ether ETFs also stayed negative, losing $28.14M for an eighth consecutive day, while XRP ETFs logged a small $1.45M inflow and Solana ETF flows were flat. Despite withdrawals, trading remained active with $1.36B traded in bitcoin ETFs and $350.41M in ether ETFs.

Semiconductor colossus NVIDIA Corporation (NASDAQ: NVDA) dropped its highly anticipated Q1 FY2027 earnings after the closing bell on May 20, 2026, single-handedly neutralizing a hawkish macro environment. Trading at $223.47 (+1.30%) with a slight pre-market nudge to $224.18, the stock successfully absorbed the macro shockwave of a restrictive Federal Reserve backdrop.

A bipartisan group of US House lawmakers introduced the Digital Asset PARITY Act on Tuesday, directing the Treasury Department to study whether relief for small crypto transactions should exist and to report back within 180 days. The effort follows figures Kraken highlighted last month showing 56 million IRS tax forms sent last year, including nearly a third for transactions under $1 and more than 75% for trades below $50.

On May 21, SpaceX's pre-IPO filing disclosed 18,712 BTC valued at $1.45 billion, as Hyperliquid's fully diluted valuation climbed to $54 billion and its HYPE token rose 20%. Separately, South Korean funeral firm Bumo Sarang reportedly lost $33 million in customer prepaid funds after a 2x leveraged bet on the BitMine ETF turned against it.

Arm Holdings (ARM) surged 15.05% today with strong volume. Discover what Arm does, the drivers behind today’s rally, the 2026 price outlook, and why traders are turning to BingX.

NVIDIA (NVDA) rose 1.30% to $223.47 today following its latest earnings release. Discover what NVIDIA does, the drivers behind today’s move, the 2026 price outlook, and why traders are turning to BingX.

Macquarie has reportedly advised investors to cut back spot Bitcoin ETF positions and shift some exposure toward Circle, the USDC issuer whose shares trade on the NYSE as CRCL. The view frames Circle's newly listed equity as a potentially more attractive risk-reward approach than a direct Bitcoin price proxy, emphasizing revenue tied to USDC reserves and rates rather than BTC volatility.