Finance Topics

Fintech firm Revolut is offering U.S. dollar customers the option to swap fiat into major stablecoins at a one-to-one rate, signalling deeper integration of digital assets in everyday finance.

Payments giant Visa announced it will begin supporting four different stablecoins operating on four unique blockchains, expanding its crypto-asset infrastructure amid growing institutional demand.

Despite the debut of spot Solana ETFs and strong institutional inflows, the SOL token remains stuck below $200, highlighting a gap between ETF launch momentum and asset performance.

PayPal announced a strategic reorganization into three business segments, aiming to streamline operations and support future growth.

Meta will begin paying creators in stablecoins through Stripe, starting in Colombia and the Philippines, as it expands digital payment options.

The UAE will exit OPEC and OPEC+ from May 1, aiming to increase oil production and better align with shifting global energy demand.

Condom prices could increase by up to 30% as the Iran war drives higher costs and disrupts supply chains, according to global producer Karex.

Bitcoin has fallen more than $53,000 over the past 120 days, erasing over $1.1 trillion in market value and sliding deeper into a bear market. The decline stands in stark contrast to U.S. stock indices, which remain close to record highs.

The cryptocurrency market has entered a sharp downturn, with bitcoin falling below $75,000 and roughly $700 billion wiped out in two weeks. Selling pressure is spreading across commodities, equities, and digital assets, fueling fears of deeper losses.

SpaceX officially filed for what could become the largest IPO in history, targeting a $1.75 trillion valuation and seeking to raise $75 billion as investors gain their first detailed look into the company’s finances, AI ambitions, and Starlink profitability.

HIVE Digital shares jumped 40% after subsidiary BUZZ HPC unveiled plans for a C$3.5 billion AI gigafactory in the Greater Toronto Area with 320 MW capacity.

Gold surged above $5,400 after reports of a drone strike on Saudi Aramco’s largest refinery, triggering a rush into safe-haven assets. Within an hour, however, both gold and silver sharply reversed as volatility intensified.

Markets turned sharply volatile as escalating tensions between the U.S., Israel, and Iran drove investors into safe-haven assets. Gold neared record highs while oil spiked nearly 12%, and U.S. equity futures fell.

Gold recorded its steepest weekly decline in more than four decades, falling 11% to $4,488 per ounce. Rising oil prices and expectations of prolonged high interest rates weakened its safe-haven appeal.

Global markets plunged as soaring energy prices tied to the Middle East conflict triggered widespread selling across equities, bonds, metals, and crypto. More than $4.7 trillion in value was erased within hours.