Federal Reserve Governor Waller stated that more interest rate hikes are still needed, but remains flexible on the pace of rate hikes.

Cryptocurrency and fintech investment company Deus X Capital has ceased operations, and the company led by former Galaxy Digital executive Tim Grant will officially dissolve on January 31, 2027. Chief Investment Officer Stuart Connolly will remain in charge of overseeing the transition work, and some of the companies in the investment portfolio will continue to operate with the participation of existing stakeholders.

[Deus X Capital Ceases Operations, Plans to Complete Liquidation by Early 2027] Crypto investment firm Deus X Capital has ceased operations and plans to liquidate by January 31, 2027, with its investment business set to be split. Chief Investment Officer Stuart Connolly will oversee the liquidation process, while CEO Tim Grant will take on the role of CEO at TensorX. Deus X Capital was founded in October 2023, initially managing $1 billion in investments and deployable funds, achieving an annualized return of 36.5% since its inception. (Source: CoinDesk)

Deus X Capital is closing, and its investors and supporters will turn to their own independent investment strategies.

Affected by shipping disruptions in the Gulf region and hurricanes in the United States, WTI crude oil futures prices rose 3.93% to $91.747/barrel, while Brent crude oil futures prices rose 4.05% to $104.256/barrel.