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Rep. Sam Liccardo Probes Suspicious Oil, S&P Futures Trades Ahead Of Trump’s Iran War Update: ‘Timing Indicates Bets Were Placed…’

Sam Liccardo is calling for a probe into suspected insider trading after well-timed oil and futures bets preceded Trump's Iran announcement. Importance Rank:  1 read more

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AI Coding Startup Cursor Set For $2 Billion Funding Round, Nearly Doubling Valuation With Nvidia Backing: Report

AI coding startup Cursor is reportedly close to raising $2 billion at a $50 billion valuation, backed by major venture and tech firms. Importance Rank:  1 read more

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Texas man in $20M Meta-1 Coin fraud sentenced to 23 years in prison

Meta-1 Coin was sold and marketed from 2018 to 2023 as an investment backed by $44 billion in gold and $1 billion in artworks, which turned out to be fictional.

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What are the main event for today?

EUROPEAN SESSION In the European session, we don't have much on the agenda other than a couple of low tier releases like the Italian and Eurozone trade balances which are not going to change anything for the ECB and won't be market-moving. The focus remains on US-Iran negotiations. The news we've been getting have…

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Crypto in sustained winter as CEX volumes drop 39% in Q1: CoinGecko

March was the “weakest month" with $800 billion in centralized crypto exchange trading volume, the lowest since November 2023.

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Cybersecurity researcher uncovers fake Ledger sold on Chinese marketplace

The researcher said they examined the fake Ledger device’s firmware and found signs pointing to a Chinese semiconductor company named Espressif Systems.

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US should scrap crypto capital gains tax to fuel competition: Cato

Crypto users in the US are required to pay capital gains taxes on cryptocurrencies, stifling their usefulness as a currency, argued a Washingon DC-based think tank.

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Anthony Scaramucci Wants Young People To Read This 1926 Classic For Financial Discipline And Wealth Building ‘Really Helped Me Get Started’

Anthony Scaramucci, founder of global investment firm SkyBridge Capital,  recommended on Wednesday the century-old book “The Richest Man in Babylon” to young people and parents for its lessons on saving and investments. Importance Rank:  1 …

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Gavin Newsom Rips Trump Over ‘Energy Dominance’ Claims Amid Spiking Fuel Prices— ‘Completely Detached Failure’

Gavin Newsom slams Trump, Karoline Leavitt, accusing the administration of causing surge in fuel prices amid Iran war. Importance Rank:  1 read more

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What are the main events for today?

EUROPEAN SESSION In the European session, the only highlight was the UK GDP report. The data showed a record fourth straight month of increase in services output. And the good news is that the growth was more widespread with 12 of the 14 subsectors showing positive increases in activity. Nonetheless, the market reaction was rather…

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