Bitcoin’s price has moved past the major psychological resistance level of $80,000. The cryptocurrency did this today for the first time since January, sparking hopes of a renewed rally and higher highs. Source: TradingView The move comes on the back of an increase in the broader cryptocurrency market, as altcoins are also trading well in…
Warren Buffett used the 2026 Berkshire Hathaway shareholder meeting to warn investors about rising speculation across markets. Summary Buffett said investors are showing a stronger gambling mood across volatile markets and short-term trades. He criticized one-day options, calling them gambling rather than investing based on business value. Greg Abel led Berkshire’s meeting as Buffett’s warning…
## Market Snapshot The “Fall of the Iranian Regime” market is currently priced at 2.8% YES for a May 31 resolution. The “Iran leadership change by December 31” market stands at 33.5% YES, while the “Iran leadership change by May 31” market is at 8.5% YES. ## Key Takeaways – The large gathering in Karachi…
While generating a net profit above $1.04 billion, Tether’s excess reserve buffer hit a record $8.23 billion, concentrated in short-duration liquid instruments. The leading stablecoin issuer has released its attestation report for the first quarter of 2026, revealing a net profit of more than $1 billion. The company was able to generate such profit…
Bitcoin failed to hold its weekend move near $79,000 as traders weighed the latest FOMC decision, U.S.-Iran tension, and mixed altcoin action. Summary Bitcoin rejected near $79,000 as traders stayed cautious after the Fed left rates unchanged again. Iran peace talks affected risk appetite, limiting Bitcoin’s follow-through despite support near $78,000 this week. XRP held…
## Market Snapshot The market for Ethereum price predictions in May currently prices the likelihood of reaching $5,000 at 0% YES. For the price on May 3, the market remains at 99.9% YES for Ethereum being above $1,800. Both markets indicate heightened volatility. ## Key Takeaways – The surge in ETH unstaking appears consistent with…
Placing crypto alongside shadow banking and weapons procurement means Treasury believes it is being used for actual trade settlement. US Treasury Secretary Scott Bessent posted on X on April 29 that Washington’s sanctions campaign is now going after Iran’s “access to crypto,” alongside oil exports, shipping networks, and shadow banking channels. It is the…
Coinbase says Senate negotiators have reached a deal on a disputed crypto bill provision tied to stablecoin rewards. Summary Coinbase says negotiators reached a rewards compromise, easing a key delay for the CLARITY Act. Banks secured limits on deposit-like yield, while crypto firms kept activity-based user rewards under rules. The Senate markup path now depends…
## Market Snapshot Russia-Ukraine ceasefire market is currently priced at 5.5% YES for a ceasefire by May 31, 2026, down from 6% 24 hours ago. The pricing suggests skepticism towards a resolution in the near term, amid heightened tensions. ## Key Takeaways – The report of drone attacks on Plesetsk Cosmodrome suggests ongoing military tensions…
Peter Thiel’s Founders Fund has closed a new $6 billion fund, marking the largest raise in the venture capital firm’s history. Summary Founders Fund closed a record $6 billion fund focused mainly on late-stage startup investments. Limited partners provided $4.5 billion, while Thiel and insiders contributed another $1.5 billion. The raise shows major venture firms…
