US oil stockpiles hit lowest level since 2004 amid Middle East tensions

The AI-driven memory chip demand surge risks economic disruption, prompting calls for policy intervention to stabilize supply and prices. The post US business groups urge government to boost memory chip supply amid AI boom appeared first on Crypto Briefing.

The unexpected crude stock draw highlights shifting global oil dynamics, potentially impacting inflation and energy market strategies. The post EIA reports US crude stocks fall 8M barrels amid strong export demand appeared first on Crypto Briefing.

Rising oil prices and market volatility highlight the global economic risks of geopolitical tensions, potentially impacting energy security and financial stability. The post Iran conflict escalates, oil prices surge amid US tensions appeared first on Crypto Briefing.

Treasury alleged that Iranian crypto exchanges enabled sanctions evasion while processing transactions connected to the IRGC and regime insiders.

Investor anxiety over private credit fund liquidity could tighten broader financial conditions, impacting both traditional and crypto markets. The post US asset managers decline as investors await private credit fund updates appeared first on Crypto Briefing.

The U.S.-Hezbollah talks could catalyze regional diplomacy, boosting prospects for Middle East peace and impacting geopolitical stability. The post US engages in historic direct talks with Hezbollah, impacting Israel-Lebanon dynamics appeared first on Crypto Briefing.

While many US city councils have passed moratoriums, Monterey Park is first where residents have voted on a ban Sign up for the Breaking News US newsletter email Residents in Monterey Park, California, became the first in the US to vote on a permanent ban on datacenters on Tuesday, and early results indicate a resounding victory for the prohibition. While many cities and counties have already passed temporary or indefinite moratoriums via their local governments, Monterey Park would be the first to do so through a ballot initiative. Continue reading...

The numbers from the XRP Ledger’s real-world asset dashboard tell a story of rapid growth that the price movement has not fully priced in. The latest attention comes from the ledger’s expansion from about $900 million in tokenized assets at the start of the year to almost $4 billion within five months.  This growth is notable because it is happening before the US has delivered a permanent federal market structure for cryptocurrencies and before the full institutional channel into tokenization on the XRP Ledger has opened. XRP Ledger’s RWA Growth Is No Longer A Small Experiment According to data from RWA.xyz, the total represented asset value on the XRP Ledger has grown by 13.79% in the past 30 days, now at $3.68 billion at the time of writing. This growth is especially notable because it is coming at a lull period for the XRP price, meaning the price action is not yet pricing in the growth. Related Reading: Ripple’s Move To Privacy: How A Re-organization Of The XRP Ledger Will Affect T