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The Senate grilled Fed chair nominee Kevin Warsh about his political affiliations and stance on CBDCs. Warsh assured that he will maintain the central bank’s autonomy from political influence while vowing to block attempts for a CBDC. The Clarity Act’s Senate markup took a backseat this week for the confirmation hearing of Kevin Warsh. The president’s handpicked successor to outgoing Federal Reserve Chairman Jerome Powell ensured the independence of the US central bank amid concerns of his Republican alignment. He also guaranteed that his administration would never favor a retail Central Bank Digital Currency (CBDC). Assuring a Non-Partisan Fed Warsh…

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Oil prices have fallen from their March highs, but remain high Q1 earnings from energy companies and their Q2 forecasts could get a boost Which energy companies should investors watch ahead of their earnings reports? Oil prices have dropped sharply from their early March peak. is now trading around $86 a barrel, down from nearly $120 about six weeks ago. This fall has helped lift markets, with major stock indices hitting record highs last week.Hopes that the Iran conflict may ease have supported sentiment, though the situation remains uncertain and can change quickly. Even after the drop, oil prices are…

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Key Takeaways: Xapo members increased active bitcoin-backed loans by 8.9% in Q1 2026 to avoid selling during volatility. Institutional use of bitcoin as collateral grew as 53.9% of loans shifted to long-term 365-day structures. Gen X and Millennials now control 76% of Xapo AUM, signaling bitcoin’s future as a foundational wealth asset. The Institutionalization of Bitcoin-Backed Borrowing As bitcoin markets weathered a turbulent start to 2026, a new trend has solidified among the world’s wealthiest holders: They aren’t selling for cash; they are borrowing against the cryptocurrency instead. Data from the first-quarter 2026 Xapo Digital Wealth Report reveals this significant…

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Polymarket wants more money. A lot more. The prediction market platform is out hunting for another $400 million in funding, which would balloon its current raise to a full billion dollars and stick a $15 billion valuation on the company. That’s a pretty wild number for a business that’s still fighting regulators and trying to crack the U.S. market. Intercontinental Exchange—the outfit that owns the New York Stock Exchange—already threw in $600 million earlier in this round. Now Polymarket wants to keep the cash flowing. The company needs the capital for a bunch of reasons, and none of them are…

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The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and an erosion of market share as the stablecoin sector and tokenized real-world assets (RWAs) grow in market capitalization. “So far, the use of stablecoins remains limited, but their market capitalization exceeded $300 billion at the end of last year,” Abhi Srivastava, associate vice president of Moody’s Investors Service Digital Economy Group, told Cointelegraph.The stablecoin market cap has surged past $300 billion. Source: RWA.xyzThe role of stablecoins in payments, cross-border commerce and onchain finance is “expanding,” despite…

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As cryptocurrency adoption continues to reshape global commerce, UBestmall has officially launched its fully upgraded 2026 platform, marking a major milestone in its mission to lead the cryptocurrency shopping revolution. As one of the earliest comprehensive e-commerce platforms to support crypto payments at scale, UBestmall is redefining how consumers and merchants connect across borders in the digital economy.     Designed to meet the growing demand for seamless, borderless shopping, the new UBestmall platform introduces enhanced system performance, improved user experience, and a more robust global collaboration framework. By leveraging cryptocurrency payments—represented by widely adopted stablecoins such as USDT—UBestmall continues…

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India’s economy and consumption-linked sectors are currently positioned at a complex intersection of global geopolitical uncertainty and domestic structural resilience. The long-term outlook remains positive, supported by improving macro stability and an anticipated earnings recovery into FY27. But near-term volatility is driven by developments in West Asia, crude & derived prices, and shifting global capital flows. An emerging risk is the intensifying heatwave, with temperatures crossing 40°C across several states, coupled with a forecast of a below-normal monsoon. This could elevate risks to inflation (food and non-food), energy demand and prices, and labour wages, adding another layer of near-term uncertainty.Recent…

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Globant S.A. (NYSE:GLOB) is one of the most undervalued small cap stocks to buy right now. Globant S.A. (NYSE:GLOB) announced on April 13 its naming as an Autodesk Tandem Digital Twin Solution Provider, expanding its 15-year collaboration with Autodesk for the acceleration of digital twin implementation across airports, manufacturing facilities, smart buildings, and logistics environments across the globe. Why Is Globant SA (GLOB) Plunging In 2025? A close-up of an experienced game engineer’s hands typing a complex code on a laptop. The company further stated that as part of the designation, Globant S.A. (NYSE:GLOB) will deliver enterprise system integrations, implementation services,…

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Alcoa is close to handing over the keys at Massena East. The top US aluminum producer is in advanced discussions to sell the former smelter site, which sits along the St. Lawrence River, to New York Digital Investment Group (NYDIG), CEO Bill Oplinger told Bloomberg on Friday. Oplinger said a deal “should be done in the middle part of this year,” per the report. Alcoa has been shopping around 10 shuttered US smelter properties as data center developers and crypto miners scout for large, pre-wired industrial footprints with utility-scale grid access. The Massena East facility draws hydropower from the New…

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