Iran has declared the Strait of Hormuz closed after the US launched additional strikes on Thursday. The Iranian military command announced the closure of the key waterway, saying any vessel attempting passage will be shot at, according to Reuters. US Central Command (CENTCOM) reported that it had launched strikes...

May CPI ran hot on energy and cooler underneath, lifting majors on Thursday, though ether and the large alts are still down 6% to 8% over seven days....

European asset managers’ sustainability concerns may lead to uneven global demand for SpaceX’s IPO, affecting market dynamics and allocations. The post European asset managers question SpaceX’s compliance with sustainability rules ahead of IPO appeared first on Crypto Briefing....

SK Hynix’s expansion could reshape the AI semiconductor landscape, enhancing its market dominance and influencing global tech infrastructure. The post SK Hynix plans to triple wafer capacity by 2034 to meet AI demand appeared first on Crypto Briefing....

The indium phosphide export delays highlight vulnerabilities in global AI supply chains, prompting strategic shifts and investment opportunities. The post Coherent CEO raises concerns over indium phosphide export delays as China squeezes critical AI supply chain appeared first on Crypto Briefing....

OpenAI’s potential price cuts highlight the intense competition in AI, raising questions about long-term financial sustainability and market strategy. The post OpenAI considers price cuts to compete with Anthropic, WSJ reports appeared first on Crypto Briefing....

Euroclear’s tokenization project could revolutionize European finance by enhancing settlement efficiency and fostering digital infrastructure integration. The post Euroclear’s Jørgen Ouaknine discusses €300B tokenization project with Banque de France appeared first on Crypto Briefing....

Institutional outflows from crypto ETFs highlight growing market volatility, potentially undermining confidence and impacting future investment strategies. The post Bitcoin spot ETFs see $214M outflow as Ethereum funds shed $36M in single session appeared first on Crypto Briefing....

Alibaba’s internal AI strategy debate highlights potential instability, impacting investor confidence and the company’s innovation trajectory. The post Alibaba replaces Dingtalk head amid internal AI strategy debate appeared first on Crypto Briefing....

Infantino’s defense highlights the tension between global sports events and national policies, raising questions about accessibility and inclusivity. The post FIFA chief Infantino defends visa handling and ticket prices ahead of World Cup appeared first on Crypto Briefing....