U.S. Treasury Secretary Bessenter stated that the crude oil market has ample supply and that the U.S. is maintaining contact with other countries regarding the oil market. He added that the U.S. Navy will provide security escorts for oil tankers if necessary, and that the U.S. has complete control of Iranian airspace and will destroy Iranian ballistic missiles and bunkers in the coming days. (Jinshi)

The European Union Commission has announced the 'Industrial Accelerator Act,' aiming to boost the manufacturing sector's contribution to the EU's GDP to 20% by 2035. According to Jin10, this initiative is part of a broader strategy to enhance the region's industrial capabilities and competitiveness on the global stage. The act outlines measures to support innovation, sustainability, and digital transformation within the manufacturing industry. The EU Commission believes that achieving this target will strengthen economic resilience and create new job opportunities across member states. The initiative reflects the EU's commitment to fostering a robust industrial base as a key driver of economic growth and stability.

UK Prime Minister Keir Starmer has urged for calm and rational actions in response to escalating tensions in the Middle East. According to Jin10, Starmer emphasized the importance of maintaining a level-headed approach to the situation. The Prime Minister's statement comes amid growing concerns over the potential impact of the Middle East conflict on global stability. Starmer's call for calm reflects the UK's commitment to diplomatic solutions and underscores the need for international cooperation in addressing the crisis.

The ongoing conflict in the Middle East is anticipated to significantly impact the region's liquefied natural gas (LNG) exports. Wall Street Journal (Markets) posted on X, highlighting concerns over the disruption of supply chains and the potential for reduced export volumes. Analysts suggest that geopolitical tensions are likely to affect production capabilities and export logistics, leading to a sharp decline in LNG shipments from the area. The Middle East has been a crucial player in the global LNG market, with countries like Qatar and the United Arab Emirates being major exporters. However, the current instability poses challenges to maintaining their export levels. Industry experts are closely monitoring the situation, as prolonged disruptions could have broader implications for global energy markets. The conflict has already led to logistical challenges, including the safety of shipping routes and the security of production facilities. These factors contribute to the uncertainty surrounding future export volumes. The international community is watching closely, as any significant reduction in LNG exports from the Middle East could lead to increased energy prices worldwide. Efforts to resolve the conflict and stabilize the region are ongoing, but the timeline for a resolution remains uncertain. Meanwhile, energy companies and governments are exploring alternative sources and routes to mitigate the impact of reduced Middle Eastern LNG exports on the global market.

Stocks experienced an uptick while the dollar weakened after reports of contact with Iran. Bloomberg posted on X, highlighting the market's reaction to these developments. The news has sparked interest among investors, leading to shifts in market dynamics. Analysts are closely monitoring the situation to assess its potential impact on global markets. The developments come amid ongoing geopolitical tensions, which continue to influence market trends.

An Iranian naval frigate, the 'Dena,' is suspected to have been attacked by a submarine in the waters south of Sri Lanka, potentially resulting in the deaths of 100 people. According to RTHK, Sri Lankan media reported that the incident occurred on Wednesday morning off the coast of Galle, with approximately 180 crew members aboard the vessel. The Sri Lankan Navy dispatched ships for a rescue operation, successfully saving 35 individuals who were then transferred to a hospital in Galle. Reports cite the Sri Lankan Foreign Minister stating that the waters where the 'Dena' encountered trouble do not fall within Sri Lanka's territorial sea.

According to Onchain Lens, the Trump family's crypto project, World Liberty Fi, deposited 146.4 million WLFI tokens, worth approximately $15.38 million, into OKX and Bitget.

Key Takeaways First Crypto Firm: Kraken becomes the first digital asset company with access to the Federal Reserve’s payment infrastructure. source: https://coindoo.com/kraken-gains-access-to-federal-reserve-payment-rails-in-crypto-industry-first/

Wall Street analysts are anticipating robust earnings from Broadcom following the market close. Bloomberg posted on X, highlighting that despite these expectations, the company may struggle to overcome its prolonged stock downturn. Investors are closely watching to see if the earnings report can provide the necessary momentum to reverse the negative trend. Broadcom's performance has been under scrutiny as the tech sector faces various challenges, impacting stock valuations across the board. The upcoming earnings announcement is seen as a critical moment for the company, with analysts predicting strong results but remaining cautious about the stock's potential recovery.

The Organization for Economic Co-operation and Development (OECD) has highlighted the challenges facing the bond market due to the ongoing conflict in Iran. According to Jin10, the geopolitical tensions are expected to serve as a significant pressure test for global financial markets, particularly affecting bond yields and investor sentiment. The OECD's analysis suggests that the uncertainty surrounding the situation in Iran could lead to increased volatility and risk aversion among investors, potentially impacting capital flows and market stability. The report emphasizes the need for careful monitoring of the situation as it unfolds, with potential implications for economic indicators and central bank policies worldwide. The OECD's findings underscore the interconnectedness of geopolitical events and financial markets, urging stakeholders to remain vigilant in navigating these complex dynamics.

The crypto market is always the same: a "deep bear market" is causing a brutal shakeout. (Golden Finance) The cycles repeat themselves, and it's always the same.

Two weeks ago, Vitalik made a bet with a developer named Yaq: Could one person use AI programming tools to write the entire Ethereum 2030+ technology roadmap into code?

Australia’s regulator ASIC has granted AUDC Pty Ltd a full licence to operate the AUDD stablecoin, allowing banks and businesses to use it legally for digital transactions on the XRP Ledger and other blockchains. The stablecoin is fully backed by Australian dollars in trust accounts, making it an institutional-grade payment option with clear regulatory approval.

President Donald Trump fired off a Truth Social salvo Tuesday, accusing major banks of “threatening and undermining” the crypto revolution — and urging Congress to fast-track the CLARITY Act before U.S. digital assets get sidelined overseas.

Bitcoin has exposed the hidden layers of banks made up of fragile loan agreements, which is exactly the same as the crypto industry's own risk claims on the underlying assets through layers of nested structures.

OpenAI is developing its own code-hosting platform after GitHub faced repeated outages that disrupted its work. The new platform may be offered as a paid service, putting OpenAI in direct competition with Microsoft.

Elon Musk’s X is tightening its grip on AI-generated content — and this time, creators’ wallets are on the line. The platform will suspend users from its revenue-sharing program for 90 days if they post AI-generated videos without clearly disclosing that the footage was created using artificial intelligence.

CEO Paolo Ardoino is the public face of Tether. Tether's new market capitalization could push his net worth to $66.5 billion, while the CFO's net worth could be more than double that figure.

American Bitcoin Corp has bought 11,298 new mining machines, raising its capacity by about 12% to 28.1 EH/s, with the equipment being installed in Alberta this month. At the same time, rivals MARA Holdings and Core Scientific are selling Bitcoin and shifting their operations towards AI data centres instead.

Artificial Intelligence: The Logic of AI Startups Has Changed After OpenClaw. Golden Finance: A Gathering Filled with "Lobsters".