BlackRock is widening its presence in digital asset markets with the launch of a new exchange traded product tied to Ethereum staking. The asset manager on Thursday introduced the iShares Staked Ethereum Trust ETF, listed on Nasdaq, giving investors exposure to spot Ether while also generating income through staking rewards. The product, called ETHB, adds
Less than a month after the US Supreme Court knocked down a key part of his earlier tariff strategy, President Donald Trump is back with a new trade agenda. The Trump-led US administration has opened fresh Section 301 investigations into the practices of 16 major trading partners. The development matters for US businesess and consumers
Nutrien stock price has staged a strong comeback, reaching its highest point since September 2022. It jumped to $82, up by 100% from its lowest point during the pandemic, with the rally accelerating amid the ongoing Iran war. This surge has pushed its market capitalization to over $38 billion. It may continue rising after forming
Grvt (pronounced “Gravity”), a privacy-focused decentralized exchange powered by its zero-knowledge appchain on zkSync, has announced the timeline for its Token Generation Event (TGE) along with an expanded community token allocation ahead of launch. Season 2 will conclude on June 30, 2026, with the $GRVT TGE expected shortly afterwards. At launch, the token will be
The Financial Action Task Force has warned that crypto platforms operating offshore are creating blind spots for regulators that allow criminals to exploit gaps in global oversight to move illicit funds and evade sanctions. In a new report titled Understanding and Mitigating the Risks of Offshore Virtual Asset Service Providers, the global anti-money laundering watchdog
China’s government agencies and state-owned enterprises have begun warning staff against installing the artificial intelligence agent OpenClaw on office devices, citing potential security concerns. The guidance, as reported by Reuters, highlights caution inside the Chinese state sector over emerging autonomous AI tools. OpenClaw is an open-source system capable of independently performing complex digital tasks with
Nio stock price surged to its highest point since December last year, continuing an uptrend that started earlier this year when it formed a double-bottom pattern. It surged to $6.70 after the company published its strong financial results and its first quarterly profit. Nio published strong financial results Nio’s share price surged this week after
Gold prices struggled to capitalise on gains from earlier in the day as the yellow metal fell below $5,200 per ounce once again. A stronger dollar weighed on gold and silver prices on Wednesday. The dollar’s strength makes commodities priced in the greenback more expensive for overseas buyers, thereby limiting demand. Experts said that the
Oil majors are in the spotlight as the effective closure of the Strait of Hormuz forces traders to reprice supply risk, sending benchmark crude sharply higher and pushing selected energy stocks toward fresh highs. With tankers avoiding one of the world’s most vital chokepoints and maritime traffic reportedly down about 80%, investors are rotating into
US consumer prices rose moderately in February, suggesting inflation remained contained before a recent surge in energy prices triggered by the conflict involving Iran, according to government data released on Wednesday. The Consumer Price Index increased 0.3% in February after rising 0.2% in January, the Labor Department’s Bureau of Labor Statistics said. The reading was