US crude oil futures settle at $96.0, up 2.4%

While many US city councils have passed moratoriums, Monterey Park is first where residents have voted on a ban Sign up for the Breaking News US newsletter email Residents in Monterey Park, California, became the first in the US to vote on a permanent ban on datacenters on Tuesday, and early results indicate a resounding victory for the prohibition. While many cities and counties have already passed temporary or indefinite moratoriums via their local governments, Monterey Park would be the first to do so through a ballot initiative. Continue reading...

The numbers from the XRP Ledger’s real-world asset dashboard tell a story of rapid growth that the price movement has not fully priced in. The latest attention comes from the ledger’s expansion from about $900 million in tokenized assets at the start of the year to almost $4 billion within five months.  This growth is notable because it is happening before the US has delivered a permanent federal market structure for cryptocurrencies and before the full institutional channel into tokenization on the XRP Ledger has opened. XRP Ledger’s RWA Growth Is No Longer A Small Experiment According to data from RWA.xyz, the total represented asset value on the XRP Ledger has grown by 13.79% in the past 30 days, now at $3.68 billion at the time of writing. This growth is especially notable because it is coming at a lull period for the XRP price, meaning the price action is not yet pricing in the growth. Related Reading: Ripple’s Move To Privacy: How A Re-organization Of The XRP Ledger Will Affect T

Rising delinquencies, especially in mortgages and student loans, could signal broader economic stress if trends continue into 2026. The post Federal Reserve reports slight rise in US bank loan delinquencies in 2025 appeared first on Crypto Briefing.

Rising delinquencies, especially in mortgages and student loans, could signal broader economic stress if trends continue into 2026. The post Federal Reserve reports slight rise in US bank loan delinquencies in 2025 appeared first on Crypto Briefing.

Klarna's US growth post-IPO pressures domestic BNPL firms and traditional credit card issuers, signaling a shift in consumer finance dynamics. The post Klarna CEO highlights US as fastest growing market after IPO as company pushes into crypto appeared first on Crypto Briefing.

US spot Bitcoin ETFs pulled in another $519 million of net redemptions on June 2, extending the longest outflow run since the funds launched and tipping a leveraged market into $1.86 billion of forced selling.

European Commission aims to reduce ‘risky dependencies’ on foreign suppliers in cloud computing, AI and semiconductor production The EU executive wants to ensure no foreign government or company has access to a “kill switch” to turn off or disrupt vital tech services across the continent, as part of an effort to cut dependencies on the US and China. Publishing “technological sovereignty” proposals that risk further tensions with Donald Trump, the European Commission said on Wednesday the bloc needed to reduce dependency on foreign suppliers in cloud computing, artificial intelligence and semiconductor production. Continue reading...

The outlined plan may signal a shift in Iran's diplomatic strategy, potentially easing tensions and impacting future US-Iran relations. The post Iran outlines 4-stage deal plan with US: Fars News appeared first on Crypto Briefing.