Brent: Supply risk keeps prices elevated – Deutsche Bank

Finance  Brent: Supply risk keeps prices elevated – Deutsche Bank  Deutsche Banks macro strategy team notes that Brent Oil remains supported by geopolitical tensions and supply concerns. Comments from President Trump about the Strait of Hormuz have reinforced fears of a prolonged disruption, driving prices higher overnight. While Brent was little changed in the previous session, late gains contributed to a more hawkish repricing of Federal Reserve expectations.  Geopolitics and Fed repricing drive Oil  “As we go to press this morning, markets have lost momentum after President Trump said the US doesn‘t need the Strait of Hormuz open ”at all“. So that’s added to fears that the Strait will remain blocked for some time, leading to a more protracted energy shock for the global economy.”  “Indeed, Brent crude oil prices are up another +1.21% overnight to $107.00/bbl.”  “In the meantime, oil prices were little changed yesterday, with Brent crude (+0.09%) closing at $105.72/bbl.”  “However, oil did edge higher late in the US session, which contributed to a more hawkish Fed repricing.”  “For instance, futures almost fully priced in a rate hike by June 2027, with 24bps of tightening now priced (+5.6bps on the day).”

05-15

$2.6 Billion in Bitcoin, ETH, XRP, Solana Options Expire Today, Experts Raise Concerns

Bitcoin Ethereum  $2.6 Billion in Bitcoin, ETH, XRP, Solana Options Expire Today, Experts Raise Concerns  Crypto market recorded massive liquidations over the past few hours due to Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) options expiry today. Crypto prices tumbled and pared almost all gains after bearish sentiment over the Senate committee advancing the CLARITY Act faded.  The latest US macroeconomic data, Middle East tensions, and spiking US Treasury yields, among other headwinds, are sparking Bitcoin selloff jitters.  Over $2 Billion in Bitcoin Options to Expire Today  According to Deribit data, almost 25K Bitcoin options with a notional value of more than $2 billion will expire on May 15. The put/call ratio of 0.57 indicates bullish sentiment in the crypto market.  The max pain price is at $80,000, below the current market price of $80,772. Moreover, BTC implied volatility is falling and 25 delta skew is rising sharply today. It signals that traders are turning cautious due to high odds of a drop in Bitcoin price.  In the last 24 hours, call volume is still higher than put volume, with a put/call ratio of 0.83. Deribit data shows high volume put and call options trading for the May 29 expiry, especially after the hot US CPI

05-15

Here’s how much Nvidia stock Trump owns

Finance  Heres how much Nvidia stock Trump owns  U.S. President Donald Trump filed a new financial disclosure with the United States Office of Government Ethics (OGE) on May 14, disclosing a large number of financial transactions involving major U.S. stocks, including Nvidia (NASDAQ: NVDA).  Valued between $5 million and $25 million, based on the rough ranges given in the document, the Nvidia position was among the most valuable ones.  However, since the filing did not specify which financial instruments were used for each purchase, it is hard to tell how many NVDA shares the president actually bought directly.  Moreover, the filing covered only the first quarter of 2026, meaning similar moves conducted prior to that were not included, making it more difficult to make any firm guesses.  Also worth mentioning is that the assets are held in a trust controlled by Trumps children.  What companies is Trump investing in?  Other notable transactions were tied to names such as Microsoft (NASDAQ: MSFT), Meta (NASDAQ: META), and Amazon (NASDAQ: AMZN), all of which were likewise valued between $5 million and $25 million.  Additional purchases valued at more than $1 million included ServiceNow (NYSE: NOW), Adobe (NASDAQ: ADBE), Oracle Corporation (NYSE: ORCL), and Broadcom (NASDAQ: AVGO).  As is evident, the president‘s preferred securities

05-15

Federal Reserve bids $10B for 10-year notes, and crypto markets should pay attention

Crypto  Federal Reserve bids $10B for 10-year notes, and crypto markets should pay attention  The Federal Reserve submitted a $10 billion bid for 10-year Treasury notes, a move that might sound like dry government plumbing but carries real implications for anyone holding risk assets. That includes crypto.  What happened and why it matters  The US Treasury regularly auctions off 10-year notes as part of its standard debt issuance cycle. The 10-year Treasury yield is the single most important benchmark in global finance, influencing everything from mortgage rates to corporate borrowing costs to how investors price Bitcoin.  Recent auction data for 10-year notes has shown indirect demand, typically from foreign central banks and large institutional buyers, running at around 71.2%. The bid-to-cover ratio, which measures total bids relative to the amount of debt on offer, came in at 2.6. In English: for every dollar of notes available, investors were willing to buy $2.60 worth.  These numbers matter because weak auction results tend to push yields higher. Higher yields make borrowing more expensive across the economy and typically pull capital away from riskier investments. Strong auction results do the opposite, keeping yields stable or pushing them lower, which tends to be friendlier for assets like equities and crypto.  The

05-15

Euro: Breaks below key averages against US Dollar – Societe Generale

Finance  Euro: Breaks below key averages against US Dollar – Societe Generale  Societe Generale analysts report EUR/USD has fallen to its lowest level since early April as wider UST/Bund spreads and higher energy prices weigh on the Euro (EUR). The pair has broken below its 50- and 200-day moving averages, with support cited at 1.1560 and resistance at 1.1720. Aggressive European Central Bank (ECB) June hike pricing implies downside risks for EUR versus G10 peers.  Break of key averages signals vulnerability  “Euro in trouble as 50/200dma give way on Fed repricing, higher UST yields and oil/ gas.”  “The single currency is struggling as May reaches the half-way point, managing to stay just ahead of the SEK and GBP. EUR/USD slipped to the lowest level since early April, driven by wider UST/Bund spreads and higher energy prices.”  “ECB member Lane sowed doubts over the likelihood of a rate increase next month, offering a more balanced assessment of growth vs inflation.”  “The aggressive pricing for the June meeting implies downside risk for EUR/G10 if the ECB holds fire next month, all else being equal (oil prices, risk assets, Fed). ”  “Support 1.1560, resistance 1.1720.”

05-15

OKX targets 20% stake in South Korea’s Coinone

OKX has moved closer to securing a major foothold in South Korea after entering talks to acquire a substantial stake in local crypto exchange Coinone alongside Korea Investment & Securities.OKX and Korea Investment & Securities are reportedly seeking roughly 20% stakes each in South Korean crypto exchange Coinone.The reported deal would make OKX the second overseas crypto exchange to hold a major stake in a South Korean trading platform after Binances investment in Gopax.South Korean authorities are discussing new ownership limits for crypto exchanges as Hana and Mirae Asset pursue separate investments in local trading firms.  According to Yonhap News Agency, OKX and Korea Investment & Securities are each seeking to purchase roughly 20% of Coinone.  The report stated that the exchange is expected to issue new shares for the transaction rather than transfer existing holdings, a structure that would likely leave Coinones current management intact.  If regulators approve the deal, OKX would become the second overseas crypto exchange to take ownership in one of South Koreas major trading platforms after Binance acquired a stake in Gopax.  Among South Korea‘s licensed exchanges, Coinone remains part of the country’s small group of platforms permitted to offer fiat-to-crypto trading services. Trading activity in the domestic market,

05-15

CFTC Eases Reporting Rules for Prediction Markets Amid Jurisdiction Battle

The U.S. Commodity Futures Trading Commission (CFTC) issued a no-action letter on May 14, 2026, offering regulatory relief to prediction market platforms such as Polymarket and Kalshi. The relief eases swap data reporting and recordkeeping requirements for fully collateralized event contracts, which often trade on these platforms. The move is seen as a significant step in simplifying compliance for CFTC-regulated entities, while also sharpening the agencys claim to exclusive jurisdiction over these markets.  Event contracts, which are essentially binary bets on real-world outcomes, are technically classified as swaps under U.S. law. However, the CFTC argues they share more characteristics with futures and options. The no-action letter allows designated contract markets (DCMs) and derivatives clearing organizations (DCOs) to report certain event contracts directly to the CFTC, bypassing swap data repositories. This decision has immediate implications for 19 platforms named in the letter, including Polymarket, Kalshi, and Gemini Titan. Firms looking to list similar contracts can also apply for their own no-action relief.  The no-action letter comes as prediction markets are caught in a growing clash between the CFTC and state gambling regulators. The agency is pushing to solidify its authority by treating these contracts as derivatives, while states like Ohio see them as

05-15

US Dollar: Summit-driven correction view – DBS

Finance  US Dollar: Summit-driven correction view – DBS  DBS Group Researchs Philip Wee notes that the first day of the Trump-Xi Summit in China favoured USD Bulls as President Trump stressed economic cooperation and trade rollbacks. Wee highlights that the administration appears keen to pivot from geopolitics toward domestic economic concerns, and he characterizes the current Dollar strength as a corrective move rather than a new sustained uptrend.  Summit tone supports USD correction  “The first day of the Trump-Xi Summit in China belonged to the USD Bulls.”  “US Treasury Secretary Scott Bessent made some interesting comments ahead of Day Two. Bessent remarked that the oil supply shock could be transient, framing the current price spike as an aberration that could be over in weeks or months.”  “Bessent, known as the Trump administrations macro anchor, to stabilize markets, was probably playing down the rise in the US Treasury 10Y yield, which has risen from 3.94% to 4.48% since the start of Operation Epic Fury.”  “While markets are recalibrating their Fed expectations from cuts to hikes later in the year, the Trump administration is considering how to keep the Fed on a pause to an easing bias ahead of the November midterms.”  “If so, we won‘t be hasty to call

05-15

Ethereum Crushes Rivals With Nearly 900000 Validators Worldwide, Leaves SOL And ADA Behind

Ethereum  Ethereum Crushes Rivals With Nearly 900000 Validators Worldwide, Leaves SOL And ADA Behind  The post Ethereum Crushes Rivals With Nearly 900000 Validators Worldwide, Leaves SOL And ADA Behind appeared first on Coinpedia Fintech News  Ethereum is making headlines today. New data from Chainspect reveals the network now has more than 897,000 validators spread across the world, a number that completely overshadows almost every competing blockchain.  Cardano has around 2,900 validators, Algorand has around 1,600, while Solana has roughly 767 validators.  Why Ethereums Validator Count Matters  Validators help secure blockchain networks by confirming transactions and maintaining decentralization. Ethereums massive validator base makes it one of the most decentralized and crypto-economically secure smart contract networks in the industry.  Did you know @ethereum leads Web3 by number of validators?  With over 897K validators, Ethereum ranks #1 across all blockchain networks by a wide margin  Whatever narrative you prefer, Ethereum is still the king  — Chainspect (@chainspect_app) May 13, 2026  However, this also reflects Ethereums long-standing strategy of focusing on security and settlement infrastructure instead of prioritizing the fastest or cheapest transactions directly on the main chain.  Meanwhile, competitors like Solana have taken the opposite route by optimizing for speed, low fees, and higher transaction throughput.  Layer-2 Networks Are Changing the Game  Ethereum may still dominate in

05-15

WTI Price Forecast: Breaks above $100 as Trump says China will buy US Oil

WTI US Oil trades at $100.05 amid a near-term bullish tone. The Relative Strength Index (RSI) on the 4-hour chart is at 64.22, highlighting a solid upside momentum, while the Moving Average Convergence Divergence (MACD) has turned back into positive territory, hinting that buyers are regaining control after the latest consolidation.  If price action consolidates above the $100 psychological, the next upside targets emerge at the early May highs, in the $103.80 area, followed by the April 30 high, at $107.35.  On the downside, immediate support is seen at Thursdays low of $95.11 ahead of the May 8 low, near $90.90, and the area between May 6 and 7 lows, at $86.90-$87.55.

05-15
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