U.S. stocks closed slightly higher on Friday, with the S&P 500 extending its winning streak to nine consecutive weeks. The modest gains reflect continued investor optimism amid a resilient economy.
The US military has announced plans to conduct military operations in the strategic Strait of Hormuz, targeting mine-laying vessels. This development could disrupt global oil shipments and heighten geopolitical tensions in the region.
San Francisco Fed President Mary Daly emphasized the critical importance of restoring price stability while cautioning against measures that could harm the economy. Her comments suggest a balanced approach to monetary policy, potentially signaling a cautious stance on rate hikes.
US money market fund assets reached a record $8.281 trillion, driven by strong demand for cash-like instruments amid economic uncertainty. The surge reflects investors’ preference for low-risk, liquid assets over volatile markets.
Iranian sources have denied recent comments made by former President Trump. The denial comes amid ongoing tensions between the two nations. No further details were provided.
A senior Iranian source has indicated that Iran and the US have reached a political consensus, though it has not been finalized yet. This development could signal a potential de-escalation in geopolitical tensions, which may impact global markets including crypto and RWA sectors.
Treasury Secretary Scott Bessent has reiterated the Trump administration’s commitment to not issuing a central bank digital currency (CBDC). The statement reinforces the administration’s stance against government-controlled digital currencies.
Treasury Secretary Scott Bessent has reiterated the Trump administration’s commitment to not issuing a central bank digital currency (CBDC). This stance aligns with the administration’s broader skepticism toward government-controlled digital currencies. The policy could impact the broader crypto and RWA tokenization landscape by limiting direct state competition.
Bitcoin’s price fell toward $72,000 as escalating US-Iran geopolitical tensions triggered sell-offs in ETFs and reduced leveraged positions. The conflict is disrupting market flows, highlighting crypto’s sensitivity to macro events.
RWA