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COMMODITY

Latest cryptocurrency news and articles about commodity. Stay updated with developments, analysis, and insights.

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Kalshi Sues New York Regulators, Citing Federal Preemption for Sports Prediction Markets

Kalshi Sues New York Regulators, Citing Federal Preemption for Sports Prediction Markets

Kalshi filed a federal lawsuit against New York regulators to block enforcement of state gambling laws on its sports prediction markets, arguing federal preemption under Commodity Futures Trading Comm...

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1 min
OpenAI Urges US Energy Investments to Bridge AI Power Gap with China

OpenAI Urges US Energy Investments to Bridge AI Power Gap with China

OpenAI urges the US to invest heavily in new energy sources to compete with China in the AI race, emphasizing that electricity is the new oil for powering massive data...

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1 min
OpenAI urges US to expand power capacity to compete with China in AI race

OpenAI urges US to expand power capacity to compete with China in AI race

OpenAI claims that the US should shift its focus to investing substantially in new energy sources if it aims to stay competitive with China in the AI race. This announcement was released on Monday, Oc...

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1 min
Kobeissi Letter: US Data Center Boom Outpaces Global Rivals as AI Frenzy Drives $40B Buildout

Kobeissi Letter: US Data Center Boom Outpaces Global Rivals as AI Frenzy Drives $40B Buildout

The Kobeissi Letter says the United States is undergoing a modern-day “gold rush” as artificial intelligence (AI) drives an unprecedented boom in data center construction that could redefine global po...

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1 min
White House Officially Taps Mike Selig As CFTC Chair – Inside the Shake-Up After Quintenz

White House Officially Taps Mike Selig As CFTC Chair – Inside the Shake-Up After Quintenz

U.S. President Donald Trump has tapped the Securities and Exchange Commission’s (SEC) Mike Selig to lead the Commodity Futures Trading Commission, the latter confirmed on Saturday. Mike Selig Speaks A...

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1 min
Trump’s CFTC Nomination of Michael Selig Could Advance US Crypto Goals, Including Bitcoin

Trump’s CFTC Nomination of Michael Selig Could Advance US Crypto Goals, Including Bitcoin

President Donald Trump has nominated Michael Selig, a senior SEC official, to chair the Commodity Futures Trading Commission (CFTC), emphasizing a pro-crypto agenda to position the US as the global...

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1 min
Optimism spikes for a Thursday summit between Trump and Xi Jinping

Optimism spikes for a Thursday summit between Trump and Xi Jinping

Trump is expected to meet Chinese President Xi Jinping this Thursday in Gyeongju, South Korea, during the Asia-Pacific Economic Cooperation (APEC) summit, despite rising tensions between the two count...

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1 min
Citi Opens Riyadh HQ as Wall Street CEOs Forge Deeper Saudi Ties

Citi Opens Riyadh HQ as Wall Street CEOs Forge Deeper Saudi Ties

Citigroup has opened its regional headquarters in Riyadh, becoming the latest Wall Street giant to set up shop in Saudi Arabia as competition intensifies for access to the kingdom’s government and its...

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1 min
Cardano Founder Hoskinson Backs Selig’s CFTC Chair Pick Amid Crypto Regulation Shifts

Cardano Founder Hoskinson Backs Selig’s CFTC Chair Pick Amid Crypto Regulation Shifts

Michael Selig has been appointed as the 16th Chairman of the Commodity Futures Trading Commission (CFTC), a key regulatory body overseeing derivatives and commodities including cryptocurrencies. This ...

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1 min
Cardano Founder Reacts to New CFTC Chair Nomination, Bullish for Crypto?

Cardano Founder Reacts to New CFTC Chair Nomination, Bullish for Crypto?

Cardano founder Charles Hoskinson has reacted to the recent nomination of Michael Selig as the 16th chairman of Commodity Futures Trading Commission (CFTC)....

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1 min
85% of Vision 2030 targets completed or on track, Saudi investment minister reports

85% of Vision 2030 targets completed or on track, Saudi investment minister reports

Saudi Arabia’s investment minister Khalid Al-Falih said that 85% of the Vision 2030 targets are either completed or moving on schedule as of the end of 2024. He delivered this update during the Fortun...

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1 min
Trump Set to Nominate Michael Selig as New CFTC Chair After Quintenz’s Withdrawal

Trump Set to Nominate Michael Selig as New CFTC Chair After Quintenz’s Withdrawal

U.S. President Donald Trump is preparing to nominate Michael Selig as the next chair of the Commodity Futures Trading Commission (CFTC), following the withdrawal of Brian Quintenz’s nomination. Bloomb...

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1 min