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NSE:INOXGFL 25 January 2026

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  • Crypto Market Round-Up: Warren Questions Trump's Crypto Ties, Riot Platforms Uses Bitcoin Reserves, Tudor Jones Backs Bitcoin
    May 3, 2026, 2:18 PM EDT. This week in cryptocurrency and finance, Senator Elizabeth Warren questioned the Trump family's cryptocurrency firm over suspected links to sanctioned entities, spotlighting World Liberty Financial's use of a USD1 stablecoin on AB Chain. Riot Platforms leveraged its Bitcoin holdings as a key funding source, avoiding equity issuance. Hedge fund manager Paul Tudor Jones endorsed Bitcoin as the top inflation hedge, citing its capped supply and decentralization. Hyperliquid Strategies plans to enter prediction markets, challenging Polymarket with new binary contracts on real-world outcomes. Meanwhile, Tether proposed a merger with a Bitcoin company, signaling increasing consolidation in crypto. These developments underline evolving market dynamics as firms and regulators adapt.

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Gas Prices Hit $4.45, Pushing Electric Cars Back Into the Budget Fight

Gas Prices Hit $4.45, Pushing Electric Cars Back Into the Budget Fight

3 May 2026
U.S. average gasoline prices climbed to $4.446 a gallon Sunday, up 35 cents in a week and $1.275 from a year ago, according to AAA. EV sales fell 27% in the first quarter, but Cox Automotive reported a jump in shopper interest as fuel costs surged. In Delta, Ohio, gas briefly dropped to $2.63 before spiking to $4.79. The average new EV price in March was $54,508, with discounts nearing $8,000, Kelley Blue Book said.
Shell’s $16.4 Billion ARC Resources Deal Puts Canada LNG Back in the Spotlight

Shell’s $16.4 Billion ARC Resources Deal Puts Canada LNG Back in the Spotlight

3 May 2026
Shell agreed to buy ARC Resources in a deal valued at about US$16.4 billion, including debt, giving Shell a major position in Canada’s Montney shale. ARC shareholders will receive C$32.80 per share in cash and stock. The acquisition adds 370,000 barrels of oil equivalent per day and 1.5 million net acres to Shell’s portfolio. ARC shareholders are set to vote in July, with closing expected in late 2026.
Ripple’s RLUSD Gets a Bigger Opening as U.S. Stablecoin Rules Shift Toward Regulated Dollars

Ripple’s RLUSD Gets a Bigger Opening as U.S. Stablecoin Rules Shift Toward Regulated Dollars

3 May 2026
U.S. senators reached a deal to bar stablecoin rewards resembling bank interest, unblocking crypto legislation and spotlighting Ripple’s RLUSD expansion on OKX. RLUSD now trades across 280-plus OKX spot pairs and serves as margin collateral. The token’s market cap stands at $1.57 billion, far behind USDC and USDT. Treasury rules would treat stablecoin issuers as financial institutions under the GENIUS Act.
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