OPEC Secretary General Haitham Al Ghais said on Tuesday that oil demand growth will remain robust over the next two and a half decades as the world population grows, per Reuters. OPEC estimates a 24% growth in global energy consumption between now and 2050, with oil demand exceeding 120 million barrels per day over that … Read more
Bitcoin’s rise to new all-time highs is happening on a backdrop of deep economic strain, according to a new report from Cathie Wood-led ARK Invest. Bitcoin’s 11.1% climb in May, outpaced gold and broke through key resistance levels, said ARK. Gains also coincided with clear signs of stress in the housing and auto sectors, traditionally … Read more
The Financial Services Commission of South Korea has proposed a new law to license stablecoin issuers and broad crypto oversight. Digital Asset Basic Act requires local stablecoin issuers to own at least ₩500 million and obtain regulatory permission. The new committee and industry body will coordinate the policy and monitoring of tokens. The Democratic Party … Read more
U.S. lawmaker pressures SEC to release internal documents on ethereum’s security status, citing regulatory inconsistency and need for public transparency. US Lawmaker Presses SEC for Transparency on Ethereum’s Security Designation U.S. Representative William Timmons (R-SC) has written to U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins, requesting specific documents related to the SEC’s historical … Read more
An upcoming Bitcoin software update will increase the data limit on a divisive function that will allow significantly more images, text and documents to be stored on the Bitcoin blockchain, a developer says. The Bitcoin Core 30 update slated for Oct. 30 will remove the 80-byte limit on the controversial OP_RETURN function and allow each … Read more
As President Donald Trump’s trade war threatens to upend the global economy, an interesting divergence has emerged that could potentially grease the bitcoin bull run. The divergence in consideration is the elevated yields on U.S. Treasury notes that threaten to compound the fiscal issues, and the renewed negative flip in yields on Swiss government bonds. … Read more
The crypto market rebounded amid ongoing U.S.-China trade talks in London. Swissblock cautioned of low liquidity and profit-taking if BTC fails to break above $112K. Bitcoin [BTC] briefly retested $110K on the 9th of June following a short squeeze that lifted the market, especially the DeFi segment and memecoins. The renewed U.S.-China trade talks triggered … Read more
Crypto fund assets surged to an unprecedented $167 billion in May 2025, signaling robust institutional interest amid evolving market conditions. Despite this remarkable growth, major crypto CEOs have remained notably silent, underscoring a cautious industry stance as regulatory clarity continues to develop. Hunter Horsley, CEO of Bitwise, emphasized, “Institutional interest in crypto is significantly increasing, … Read more
As digital assets evolve, we’re starting to see more real-world value being brought on-chain, quite literally. One of the most interesting developments is XAUt0, a new version of Tether Gold designed to work across multiple blockchains. Built on LayerZero’s OFT standard, it lets users move gold-backed tokens between networks without relying on risky bridges or … Read more
Bitwise’s CEO makes a bold prediction: bitcoin holders will stop selling once the crypto hits the $130K-$150K range, potentially sparking unprecedented price surges. Bitwise’s CEO Declares: No One is Going to Sell Their Bitcoin Above This Price Level Bitwise Asset Management CEO Hunter Horsley shared his expectation on social media platform X on June 10 … Read more