Most majors gave back Friday’s gains, with solana down 4%, ether falling 4.4%, and 43% of bitcoin’s supply now sitting at a loss according to Glassnode data.
Author: Barry
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Energy Secretary Wright Calls to Reopen Indian Point Nuclear Plant
US Energy Secretary Chris Wright is calling to restart a shuttered nuclear plant north of New York City, saying it is needed to meet surging demand for power.
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S&P 500 changes are due out soon. These AI stocks could join the index.
Lumentum and Coherent have market caps of more than $40 billion, well above the threshold for S&P 500 inclusion.
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Only about 8 ships a day are passing through the Strait of Hormuz — 94% fewer than usual
With the conflict in Iran raging, the number of oil tankers and cargo ships making their way through the strategic waterway has plummeted.
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Anthropic Risks Pariah Status After Pentagon Calls It a Supply-Chain Risk
Anthropic PBC runs the risk of losing a wide range of US government business after the Defense Department declared it a supply-chain risk, a rare designation that until now has only been assigned to companies from adversary nations like China’s Huawei Technologies Co.
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Vancouver mayor’s bitcoin investment proposal blocked by city, provincial law
Officials say the Vancouver Charter limits city reserves to government debt, bank instruments and other traditional assets.
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US crude hits highest since 2024 as Middle East war escalates
Azerbaijan says it was struck by Iranian drone on sixth day of conflict
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Trump has a plan to open the Strait of Hormuz. Here are the obstacles it faces.
“Too small for the risk”: The plan to have the U.S. government provide an insurance solution for ships trapped in the Persian Gulf may be impractical, analysts said.
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Hardware testing startup Nominal hits $1B valuation, raises $155M in 10 months
Nominal providers hardware testing equipment to defense tech companies. Founders Fund led the preemptive deal.
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Senate Democrats Aim Bill at Breakup of Meat Companies
The US meatpacking industry faces a fresh wave of scrutiny, this time from Senate Democrats seeking to allow companies to process only one type of meat and set stricter limits on the beef market.