News

Foresight News reports that the prediction market platform Kalshi has officially launched a music streaming trading market. Users can now trade on the rises and falls of weekly Spotify play counts for artists such as Drake, Taylor Swift, Justin Bieber, and Bad Bunny. The market is now open.

Golden Ten Data reported on April 29 that the EU has warned Europe may continue to bear the consequences of the US and Israel's war with Iran for several years, suggesting that soaring energy prices will not ease anytime soon. European Commission President Ursula von der Leyen stated in a speech on Wednesday: "We must also face a harsh reality: this conflict may have an impact for months or even years to come." This stern statement comes as Europe is already facing energy and supply shortages due to the war. Europe is currently under pressure from high oil and gas prices and is also concerned about shortages of key products such as aviation fuel and fertilizer. Von der Leyen pointed out that since the outbreak of the war at the end of February, the EU has spent an additional 27 billion euros on fossil fuel imports. The think tank Bruegel also estimates that EU member states have already pledged to invest more than 10 billion euros to relieve the impact of rising energy prices on consumers and businesses.

BlockBeats News, April 29th, according to Bitget data, WTI crude oil surged over 2.00% intraday, now trading at $103.43 per barrel. Brent crude is currently up by 1.8%.