Markets
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Oil Surges 5% as US, Iran Trade Compensation Demands Over Hormuz
Brent crude jumped nearly 5% to $87.72 as the US and Iran both demanded compensation, dimming hopes for reopening the Strait of Hormuz.
August 11, 2026
US Existing-Home Sales Fall 1.7% in July as Mortgage Rates, Prices Bite
US existing-home sales dropped 1.7% in July as the median price hit a record $434,100 for the month and 30-year mortgage rates climbed toward 6.7%.
August 11, 2026
US Jobs Data Revised Lower in 21 of Last 30 Months, Totaling -1.05M
US nonfarm payrolls have been revised lower in 21 of the past 30 months by a combined 1.05 million jobs, adding to doubts about the labor market's real strength.
August 11, 2026
Bitrue Lists Tokenized Texas Instruments, Nvidia Perpetuals
Bitrue launched TXNUSDT and NVDLUSDT perpetual futures with up to 20x leverage, days after Texas Instruments posted a 23% YoY revenue jump.
August 11, 2026
eToro's Crypto Desk Swings to $7.2M Loss as It Bets $231M on TradeZero
eToro's crypto trading arm posted a $7.2M Q2 loss as trades fell 73%, even as the broker beat EPS estimates and agreed to buy TradeZero for up to $231M.
August 11, 2026
Big Tech's AI Spending Set to Hit a Record 2.4% of US GDP in 2026
Amazon, Alphabet, Meta, Microsoft and Oracle are on pace to lift AI capital spending by 1 percentage point of US GDP in 2026, to a record 2.4%.
August 11, 2026
BitMart Faces Insolvency Claim From Market Maker Amid Wind-Down
OpenGradient co-founder Matthew Wang alleges his market-making team has funds frozen on BitMart and questions the exchange's solvency during its shutdown.
August 11, 2026
Japan's $88B Yen Defense Fades as USD/JPY Climbs Back Above 159
Japan spent roughly $88 billion over two days defending the yen, but USD/JPY has already climbed back above 159 just ten days later.
August 11, 2026
Deadly Houthi Attack Marks Escalation in Iran-US Standoff Over Oil
A deadly Houthi strike on a cargo ship caps 24 hours of rising Iran-US tension that has pushed oil back above $84 and rattled risk markets.
August 11, 2026
5% Treasury Yields Put Bitcoin's Six-Figure Forecasts to the Test
The 30-year yield's climb to levels last seen in 2007 is forcing bitcoin to compete with a genuinely safe, cash-generating alternative.
August 11, 2026
Arthur Hayes: A Quiet Fed Rescue of the Yen Could Fuel Bitcoin
BitMEX co-founder Arthur Hayes argues a Fed-backed FIMA repo rescue of the yen, not BOJ rate hikes, is the likely path — and one that would pump Bitcoin and Ether.
August 11, 2026
US Strategic Petroleum Reserve Falls Below 300 Million Barrels
The Strategic Petroleum Reserve dropped to 298.7 million barrels, its lowest level since January 1983, after ongoing drawdowns tied to the Iran war.
August 11, 2026