Chinese Refining Rates Unexpectedly Plunge To All-Time Lows As Economy Falls Off A Cliff

Trump Backs CFTC Authority Over Prediction Markets Authored by Brayden Lindrea via CoinTelegraph.com, US President Donald Trump has backed the Commodity Futures Trading Commission as having the “exclusive authority” over prediction markets, as state regulators' action against the platforms mounts. “It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that they will thrive,” Trump posted to his social media platform Truth Social on Tuesday. Trump also took aim at several officials whose states have launched legal action against prediction markets, including Kalshi, Polymarket, Crypto.com and Robinhood. “Under my leadership, we...

Iranian Foreign Minister Abbas Araghchi on Tuesday said that the US and Iran have exchanged indirect messages through mediators, but that there have been no formal negotiations, adding that Tehran does “not have any faith” that diplomacy with the US would lead to results. The Iranian diplomat said that messages had been “received” from US […]