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The Commodity Futures Trading Commission has opened a public consultation on whether standard energy futures should trade 24 hours a day, seven days a week, and whether perpetual contracts could be listed on physically delivered or storable commodities such as crude oil. The agency’s request for comment goes far beyond a routine market structure review. It asks whether crypto-style derivatives models can be applied to some of the most important physical commodity markets in the world. The consultation covers two separate questions. The first is whether existing futures contracts, including energy contracts with fixed expirations and delivery or settlement terms,…

Oracle’s stock fell on Monday after the company disclosed that it cut about 21,000 jobs, or 13% of its workforce, in fiscal 2026 as part of a broader restructuring tied to its artificial intelligence push.At the time of writing, shares of Oracle Corporation were trading around $175.07, down about 5% from the previous close.Oracle discloses 13% workforce reductionOracle said in its annual report released on Monday that its total workforce stood at 141,000 as of May 31, 2026, compared with about 162,000 a year earlier.That translates into a decline of roughly 21,000 employees over the fiscal year.The company said the…

The popular read on gold is that its bull run is over: the metal sits near $4,192 an ounce as of June 22, 2026, roughly 22.8% below the $5,595.75 record it set on January 29, and a drawdown that deep usually marks a cycle top. That reading misses what the correction actually is. Gold is not topping — it is changing hands. The marginal seller is rate-sensitive Western capital reacting to a hawkish Federal Reserve and elevated real yields, while the marginal buyer is a price-insensitive bloc of emerging-market central banks that bought 244 tonnes in the first quarter of…

SpaceX stock price has suffered a major crash a few days after it launched the biggest initial public offering (IPO) on record. SPCX tumbled to $154, down sharply from its all-time high of $225.80. As a result, Elon Musk’s net worth has tumbled by $300 billion, and he may soon lose his trillionaire status.Elon Musk’s net worth crashes amid the SpaceX stock crashData shows that Musk’s wealth cratered by over $152 billion on Monday as investors continued dumping SpaceX shares. He is now worth about $1.08 trillion, down from over $1.3 trillion last week. The ongoing SpaceX stock crash is in…

Binance co-founder Yi He used X on Monday to warn the crypto community that an individual referred to as “Zhu Pan” had impersonated her in scam attempts, prompting derivatives exchange CoinUp to publish a statement on Tuesday distancing its platform from the person. The warning landed as a widely shared Chinese-language thread tied the same individual to CoinUp and alleged a rug pull on the exchange, claims CoinUp disputed point by point in a four-part response. Yi He, who was elevated to co-CEO alongside Richard Teng in December 2025, told her followers that Zhu Pan had once impersonated someone else…

Federal prosecutors said four men pleaded guilty to securities fraud after a multiyear insider trading scheme used confidential information from investment banks to trade ahead of public stock offerings. The defendants made more than $1 million in profit, according to the U.S. Attorney’s Office for the Eastern District of New York. John Lowe and Richard Ringel pleaded guilty on June 22 in federal court in Brooklyn. David Cooper, a broker registered with the Financial Industry Regulatory Authority, and Randy Grewal previously pleaded guilty on September 22, 2025, and April 30, 2026. Broker Shared Confidential Deal Information Before Public Offerings Prosecutors…

Xiaomi stock price has suffered a major reversal in the last 12 months, moving from a high of H$61.55 to H$22.62 today, its lowest level since September 2024, with its market cap falling from H$1.53 trillion ($192 billion) to $74 billion. This retreat has happened amid the soaring memory prices and the ongoing retreat in EV stocks.Xiaomi stock has retreated amid the ongoing memory chip price surgeXiaomi, a company often compared with Apple, has dropped sharply this year and is now hovering at its lowest level since 2024. This retreat has made it one of the worst-performing companies in the…

The Commodity Futures Trading Commission (CFTC) is stepping in to stop what it calls an “onslaught” of state-level regulation of prediction markets. CFTC Chairman Michael Selig said Tuesday in a video posted on X that the agency has filed a “friend of the court brief” in support of Crypto.com in its escalating legal battle with regulators in Nevada. The move is significant because it marks the first time under Selig that the CFTC has taken sides in what is shaping up to be an epic fight between regulators and prediction markets, platforms that allow users to trade contracts tied to…

The post ‘Bitcoin Going to Zero’ Is Trending, But the Man Who Profited in 2008 Is Buying appeared first on Coinpedia Fintech News Google searches for “Bitcoin going to zero” hit an all-time high score of 100 on February 13, according to Google Trends data. The reading marks the highest level in over 3.5 years, surpassing the previous peak of 72 during June 2022’s market crash. But while retail panic hits historic levels, some of the sharpest minds in macro finance are making the opposite bet. How Bad Is Bitcoin Fear Right Now? The search spike comes with Bitcoin trading…

One Bullion Ltd. (‘One Bullion’ or the ‘Company’) (TSXV: OBUL,OTC:OBULF), a gold exploration company holding complete ownership of three highly prospective mining areas in Botswana, today announced that management will host a booth at PDAC 2026, The World’s Premier Mineral Exploration & Mining Convention, taking place March 1-4, 2026, in Toronto, Canada. PDAC 2026 Booth Details:Date: March 3-4, 2026Location: Metro Toronto Convention Centre, Toronto, OntarioBooth Number: 2213B To schedule a one-on-one meeting with One Bullion’s management team, please email KCSA Strategic Communications at OneBullion@kcsa.com. Market Maker AgreementThe Company also wishes to provide additional disclosure regarding the agreement (the ‘Agreement’) for…