1 month ago
Most crypto wallets have functioned as a home for buying and selling speculative tokens. Caroline D. Pham, CEO of MoonPay Institutional and former acting chairman of the Commodity Futures Trading Commission (CFTC), thinks they are about to do something far more important for most investors.
"I do think that wallets are going to become the future, where you're going to have almost everything in your wallet," Pham said. "It's going to be your checking account, your savings account, your stablecoin wallet, your tokenized fund wallet. It's going to be your brokerage account."
Related: Duolingo beats Netflix by 80 spots in new power ranking
The first step came Sept. 17, when WisdomTree and MoonPay announced a collaboration to expand U.S. access to WTGXX, the WisdomTree Treasury Money Market Digital Fund, which holds short-term Treasuries.
WisdomTree said it is building an access point for its tokenized funds on MoonPay's technology, which reaches more than 35 million users. MoonPay also plans to use the fund in its stablecoin reserves.
#wisdomtree
"I do think that wallets are going to become the future, where you're going to have almost everything in your wallet," Pham said. "It's going to be your checking account, your savings account, your stablecoin wallet, your tokenized fund wallet. It's going to be your brokerage account."
Related: Duolingo beats Netflix by 80 spots in new power ranking
The first step came Sept. 17, when WisdomTree and MoonPay announced a collaboration to expand U.S. access to WTGXX, the WisdomTree Treasury Money Market Digital Fund, which holds short-term Treasuries.
WisdomTree said it is building an access point for its tokenized funds on MoonPay's technology, which reaches more than 35 million users. MoonPay also plans to use the fund in its stablecoin reserves.
#wisdomtree
1 month ago
XRP ranks last for Q4 after the CLARITY Act's Senate failure removed every legislative catalyst and invalidated year-end targets built around the bill.
Ethereum leads the Q4 outlook as the only coin carrying a dated technical upgrade still on the calendar, edging out Bitcoin and crushing XRP.
Bitcoin reclaiming $80,000 before the November midterms is the single falsifiable trigger that tightens the base scenario for all three coins.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
The U.S. Senate voted 49-50 against advancing the CLARITY Act on September 15, falling eleven votes short of the 60 needed to end debate. The defeat leaves crypto's market-structure rules in the hands of the SEC and CFTC rather than Congress, at least for the remainder of 2026.
#senate #learn #september
Ethereum leads the Q4 outlook as the only coin carrying a dated technical upgrade still on the calendar, edging out Bitcoin and crushing XRP.
Bitcoin reclaiming $80,000 before the November midterms is the single falsifiable trigger that tightens the base scenario for all three coins.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
The U.S. Senate voted 49-50 against advancing the CLARITY Act on September 15, falling eleven votes short of the 60 needed to end debate. The defeat leaves crypto's market-structure rules in the hands of the SEC and CFTC rather than Congress, at least for the remainder of 2026.
#senate #learn #september
1 month ago
Polymarket has hired Jacob Horne, the co-founder of Zora, the app behind Coinbase's failed creator-coin experiment, to rebuild its onchain trading product. Chief executive Shayne Coplan announced the move Thursday.
Horne left Zora eight days ago after more than six years running it. His new job sets him against Kalshi, the exchange that now powers Coinbase's own prediction markets across the United States.
Polymarket runs two venues:
Traders outside the US use a market that settles on the Polygon blockchain, a corner of the industry known as Decentralized Finance (DeFi).
Americans use a separate exchange licensed by the Commodity Futures Trading Commission (CFTC).
#shayne
Horne left Zora eight days ago after more than six years running it. His new job sets him against Kalshi, the exchange that now powers Coinbase's own prediction markets across the United States.
Polymarket runs two venues:
Traders outside the US use a market that settles on the Polygon blockchain, a corner of the industry known as Decentralized Finance (DeFi).
Americans use a separate exchange licensed by the Commodity Futures Trading Commission (CFTC).
#shayne
1 month ago
The Commodity and Futures Trading Commission on Thursday paved the way to expand prediction markets and cryptocurrency trading on certain online platforms. DraftKings led a retreat for sports betting stocks Thursday.
The CFTC's Market Participation division issued a no-action letter, saying it will not take enforcement action against providers of what the agency called "passive software."
These passive software providers include companies and developers that offer prediction market, derivatives or crypto trading services, but do not take custody of user ***** ets.
"Subject to certain specified conditions, MPD will not recommend the Commission take enforcement action against any such provider or their relevant personnel for failure to register as an introducing broker or an ***** ociated person of an introducing broker," the regulator said in its announcement. However, this only applies to the "provision and marketing of software to facilitate trading" between users and registered futures commission merchants, introducing brokers, and designated contract merchants.
The decision follows a similar no-action letter from the CFTC in March, which responded to a request from self-custody crypto wallet provider Phantom Technologies, Bloomberg reported. Phantom Technologies partnered with Kalshi to offer predictions market trading to its more than 20 million crypto wallet holders.
#action
The CFTC's Market Participation division issued a no-action letter, saying it will not take enforcement action against providers of what the agency called "passive software."
These passive software providers include companies and developers that offer prediction market, derivatives or crypto trading services, but do not take custody of user ***** ets.
"Subject to certain specified conditions, MPD will not recommend the Commission take enforcement action against any such provider or their relevant personnel for failure to register as an introducing broker or an ***** ociated person of an introducing broker," the regulator said in its announcement. However, this only applies to the "provision and marketing of software to facilitate trading" between users and registered futures commission merchants, introducing brokers, and designated contract merchants.
The decision follows a similar no-action letter from the CFTC in March, which responded to a request from self-custody crypto wallet provider Phantom Technologies, Bloomberg reported. Phantom Technologies partnered with Kalshi to offer predictions market trading to its more than 20 million crypto wallet holders.
#action
1 month ago
Bitcoin faced this week's second major Washington catalyst on Sep. 16, with the Federal Reserve hiking the interest rates after the Senate failed to advance the CLARITY Act a day earlier.
The Federal Open Market Committee voted 12-0 to raise the federal funds target range by 25 basis points to 3.75%-4.00%, its first increase since 2023. The Fed said inflation "remains elevated" and that the move would support a timelier return to its 2% target.
The unanimous hike puts the central bank directly at odds with President Donald Trump, who has called for lower borrowing costs and said earlier this month that the U.S. "should be paying the lowest interest rate in the world."
The CLARITY Act, which would establish a federal market structure for digital ****** ets and clarify oversight between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), failed to advance Tuesday in a 49-50 Senate cloture vote. It needed 60 votes to proceed.
The Fed decision matters for Bitcoin because higher interest rates increase yields on lower-risk ****** ets and tighten financial conditions, typically creating a tougher environment for speculative ****** ets.
#senate
The Federal Open Market Committee voted 12-0 to raise the federal funds target range by 25 basis points to 3.75%-4.00%, its first increase since 2023. The Fed said inflation "remains elevated" and that the move would support a timelier return to its 2% target.
The unanimous hike puts the central bank directly at odds with President Donald Trump, who has called for lower borrowing costs and said earlier this month that the U.S. "should be paying the lowest interest rate in the world."
The CLARITY Act, which would establish a federal market structure for digital ****** ets and clarify oversight between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), failed to advance Tuesday in a 49-50 Senate cloture vote. It needed 60 votes to proceed.
The Fed decision matters for Bitcoin because higher interest rates increase yields on lower-risk ****** ets and tighten financial conditions, typically creating a tougher environment for speculative ****** ets.
#senate
1 month ago
Bitcoin faced this week's second major Washington catalyst on Sep. 16, with the Federal Reserve hiking the interest rates after the Senate failed to advance the CLARITY Act a day earlier.
The Federal Open Market Committee voted 12-0 to raise the federal funds target range by 25 basis points to 3.75%-4.00%, its first increase since 2023. The Fed said inflation "remains elevated" and that the move would support a timelier return to its 2% target.
The unanimous hike puts the central bank directly at odds with President Donald Trump, who has called for lower borrowing costs and said earlier this month that the U.S. "should be paying the lowest interest rate in the world."
The CLARITY Act, which would establish a federal market structure for digital **** ets and clarify oversight between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), failed to advance Tuesday in a 49-50 Senate cloture vote. It needed 60 votes to proceed.
The Fed decision matters for Bitcoin because higher interest rates increase yields on lower-risk **** ets and tighten financial conditions, typically creating a tougher environment for speculative **** ets.
#federal #clarity #commission #failed
The Federal Open Market Committee voted 12-0 to raise the federal funds target range by 25 basis points to 3.75%-4.00%, its first increase since 2023. The Fed said inflation "remains elevated" and that the move would support a timelier return to its 2% target.
The unanimous hike puts the central bank directly at odds with President Donald Trump, who has called for lower borrowing costs and said earlier this month that the U.S. "should be paying the lowest interest rate in the world."
The CLARITY Act, which would establish a federal market structure for digital **** ets and clarify oversight between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), failed to advance Tuesday in a 49-50 Senate cloture vote. It needed 60 votes to proceed.
The Fed decision matters for Bitcoin because higher interest rates increase yields on lower-risk **** ets and tighten financial conditions, typically creating a tougher environment for speculative **** ets.
#federal #clarity #commission #failed
1 month ago
XRP dropped 9% on the CLARITY Act's Senate failure, but Coinbase fell 9%, more exposed to the rulebook the bill would have set.
XRP retains its SEC-CFTC commodity classification and 5 live spot ETFs with $1.7 billion in net inflows, keeping its legal floor intact.
XRP has underperformed Bitcoin on every rate release this month, with $1.25 as the critical support heading into the Fed's afternoon decision.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
On Monday, XRP (CRYPTO:XRP) surged 9.8% to $1.49, while Ripple CEO Brad Garlinghouse told the Senate that "the world was watching." However, two days later, the Senate failed to open debate on the CLARITY Act, and XRP fell to $1.28.
#senate #fell #learn #Monday
XRP retains its SEC-CFTC commodity classification and 5 live spot ETFs with $1.7 billion in net inflows, keeping its legal floor intact.
XRP has underperformed Bitcoin on every rate release this month, with $1.25 as the critical support heading into the Fed's afternoon decision.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
On Monday, XRP (CRYPTO:XRP) surged 9.8% to $1.49, while Ripple CEO Brad Garlinghouse told the Senate that "the world was watching." However, two days later, the Senate failed to open debate on the CLARITY Act, and XRP fell to $1.28.
#senate #fell #learn #Monday
2 months ago
Robinhood (NASDAQ: $HOOD) is expanding its prediction markets business by partnering with Crypto.com and its newly independent derivatives platform, OG.com, as demand for event contracts continues to surge.
Under the agreement announced Tuesday, Robinhood will begin routing a portion of its football prediction contracts to OG.com's CFTC-regulated exchange and clearinghouse. The first contracts are expected to go live today, ahead of the new professional football season.
Robinhood will also receive equity stakes in Crypto.com and OG.com following OG.com's planned spin-off as an independent trading platform. The stakes will be valued in line with Citadel Securities' recent investment in Crypto.com Group, which valued the company at $20 billion. The deal also puts OG.com's standalone valuation at $5 billion.
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#prediction
Under the agreement announced Tuesday, Robinhood will begin routing a portion of its football prediction contracts to OG.com's CFTC-regulated exchange and clearinghouse. The first contracts are expected to go live today, ahead of the new professional football season.
Robinhood will also receive equity stakes in Crypto.com and OG.com following OG.com's planned spin-off as an independent trading platform. The stakes will be valued in line with Citadel Securities' recent investment in Crypto.com Group, which valued the company at $20 billion. The deal also puts OG.com's standalone valuation at $5 billion.
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MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#prediction
2 months ago
Ondo Finance has filed three comment letters with the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), arguing that existing U.S. regulations already have room for products built on blockchain technology, they just need to be applied differently.
The letters, published Sep. 2, cover three separate rulemaking areas: perpetual futures product definitions, portfolio margining, and market data reporting.
Each letter addresses a different rule, but the underlying argument is the same across all three: regulators should judge whether a system works, not whether it looks like the one it's replacing.
Related: Cathie Wood buys millions in popular crypto stock on Chelsea FC deal
Perpetual futures, or "perps," are contracts that let traders bet on an ***** et's price without the contract ever expiring. Traditional futures use expiration dates to force prices to converge with the underlying ***** et.
#commission #whether #finance
The letters, published Sep. 2, cover three separate rulemaking areas: perpetual futures product definitions, portfolio margining, and market data reporting.
Each letter addresses a different rule, but the underlying argument is the same across all three: regulators should judge whether a system works, not whether it looks like the one it's replacing.
Related: Cathie Wood buys millions in popular crypto stock on Chelsea FC deal
Perpetual futures, or "perps," are contracts that let traders bet on an ***** et's price without the contract ever expiring. Traditional futures use expiration dates to force prices to converge with the underlying ***** et.
#commission #whether #finance
2 months ago
Corn price action is kicking off the final trade day of August with modest losses of fractionally to 1 ½ cents. Month end pressure could play a role today. Futures held onto the Friday gains into the close, with contracts settling 1 to 4 cents higher. September rallied 28 ¼ cents last week, with December 28 up cents. Open interest was up 35,585 contracts on Friday. There were 90 deliveries issued against September corn on First Norice Day. The CmdtyView national average Cash Corn price was back up 2 1/4 cents at $4.84 1/4.
Friday's CFTC data showed managed money in corn futures and options adding a total of 126,008 contracts to their net long as of August 25. That net long was tallied at 376,513 contracts, which was the largest since April 2022, but still over 52,000 contracts shy of the Tuesday record going back to 2006. Specs held a total of 465,500 contracts of outright longs by Tuesday, the largest on record.
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#cents #tuesday
Friday's CFTC data showed managed money in corn futures and options adding a total of 126,008 contracts to their net long as of August 25. That net long was tallied at 376,513 contracts, which was the largest since April 2022, but still over 52,000 contracts shy of the Tuesday record going back to 2006. Specs held a total of 465,500 contracts of outright longs by Tuesday, the largest on record.
Was the Commodity Complex a Case of More of the Same Monday?
Cattle, Hog Prices Are Still Trapped and Heading Lower. What to Watch Next.
West African Cocoa Crop Concerns Underpin Prices
#cents #tuesday
2 months ago
Circle Internet Group (NYSE:CRCL) share price surged amid a broad cryptocurrency rally following a White House meeting with industry executives, with lower Treasury yields and expanded government bond buybacks also supporting risk ***** ets. President Donald Trump urged Congress to pass a "fair version" of the CLARITY Act.
The meeting strengthened the policy narrative without changing Circle's immediate economics. Circle Internet Group (NYSE:CRCL) ended the second quarter with $73.3 billion of USDC in circulation, up 19% year over year. Reserve income still represented $668 million of its $701 million in total revenue and reserve income.
The central question is whether clearer rules can expand USDC adoption quickly enough to reduce Circle's dependence on short-term interest rates.
USDC activity continues to expand faster than Circle Internet Group (NYSE:CRCL)'s reported revenue. Onchain transaction volume increased 151% to $14.8 trillion during the second quarter, while average USDC circulation grew 25% to a record $76.5 billion.
The CLARITY Act would complement the GENIUS Act, the federal payment-stablecoin framework enacted in 2025, by addressing broader digital-asset market structure and SEC/CFTC jurisdiction. For Circle Internet Group (NYSE:CRCL), more predictable rules could make banks, payment companies and ***** et managers more comfortable building products around USDC.
#internet #meeting #second
The meeting strengthened the policy narrative without changing Circle's immediate economics. Circle Internet Group (NYSE:CRCL) ended the second quarter with $73.3 billion of USDC in circulation, up 19% year over year. Reserve income still represented $668 million of its $701 million in total revenue and reserve income.
The central question is whether clearer rules can expand USDC adoption quickly enough to reduce Circle's dependence on short-term interest rates.
USDC activity continues to expand faster than Circle Internet Group (NYSE:CRCL)'s reported revenue. Onchain transaction volume increased 151% to $14.8 trillion during the second quarter, while average USDC circulation grew 25% to a record $76.5 billion.
The CLARITY Act would complement the GENIUS Act, the federal payment-stablecoin framework enacted in 2025, by addressing broader digital-asset market structure and SEC/CFTC jurisdiction. For Circle Internet Group (NYSE:CRCL), more predictable rules could make banks, payment companies and ***** et managers more comfortable building products around USDC.
#internet #meeting #second
2 months ago
Coinbase Global, Inc. (NASDAQ:COIN) jumped 10% on August 19 as Bitcoin gained approximately 6% as of writing and traded at its highest level since early June. The rally followed a White House meeting where President Donald Trump urged Congress to pass a "fair version" of the CLARITY Act. Coinbase CEO Brian Armstrong joined other cryptocurrency executives and financial regulators at the meeting.
The stock move combined two powerful drivers: cryptocurrency prices and regulatory expectations. Yet the latest results showed why Coinbase Global, Inc. (NASDAQ:COIN) still needs both. Second-quarter revenue declined 19% to $1.22 billion as weaker crypto prices and trading activity pressured results. The company reported a $359.5 million net loss that included a $209.5 million loss on crypto **** ets held for investment and $52.4 million of restructuring expense.
The question is whether Washington can give Coinbase Global, Inc. (NASDAQ:COIN) enough regulatory operating leverage to reduce its dependence on the next Bitcoin rally.
The CLARITY Act would establish clearer jurisdiction between the SEC and CFTC while creating a federal registration framework for digital-commodity exchanges, brokers, and dealers. For Coinbase Global, Inc. (NASDAQ:COIN), clearer classifications could reduce uncertainty around **** et listings and make institutions more comfortable with trading, custody, and tokenized products.
The platform is also broader than it was during earlier cryptocurrency cycles. Coinbase Global, Inc. (NASDAQ:COIN) said its company-defined crypto trading-volume market share reached a record 10.3% in the second quarter, up from 9.1% in the first quarter. Subscription and services revenue totaled $555 million and represented 48% of net revenue, while average USDC held in Coinbase products reached a record $20 billion.
#quarter #Crypto
The stock move combined two powerful drivers: cryptocurrency prices and regulatory expectations. Yet the latest results showed why Coinbase Global, Inc. (NASDAQ:COIN) still needs both. Second-quarter revenue declined 19% to $1.22 billion as weaker crypto prices and trading activity pressured results. The company reported a $359.5 million net loss that included a $209.5 million loss on crypto **** ets held for investment and $52.4 million of restructuring expense.
The question is whether Washington can give Coinbase Global, Inc. (NASDAQ:COIN) enough regulatory operating leverage to reduce its dependence on the next Bitcoin rally.
The CLARITY Act would establish clearer jurisdiction between the SEC and CFTC while creating a federal registration framework for digital-commodity exchanges, brokers, and dealers. For Coinbase Global, Inc. (NASDAQ:COIN), clearer classifications could reduce uncertainty around **** et listings and make institutions more comfortable with trading, custody, and tokenized products.
The platform is also broader than it was during earlier cryptocurrency cycles. Coinbase Global, Inc. (NASDAQ:COIN) said its company-defined crypto trading-volume market share reached a record 10.3% in the second quarter, up from 9.1% in the first quarter. Subscription and services revenue totaled $555 million and represented 48% of net revenue, while average USDC held in Coinbase products reached a record $20 billion.
#quarter #Crypto
2 months ago
Japan plans to proceed with a national blockchain-based settlement infrastructure for tokenized versions of stocks and ******* anese government bonds.
Japan's financial regulator, the Bank of ******* an, and major financial institutions are collaborating on the tokenization project.
Work on the project is expected to begin in early 2027, with operation of the new onchain system likely to begin in the early 2030s, according to media reports.
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#cryptoprowl
Japan's financial regulator, the Bank of ******* an, and major financial institutions are collaborating on the tokenization project.
Work on the project is expected to begin in early 2027, with operation of the new onchain system likely to begin in the early 2030s, according to media reports.
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HYPE Jumps 17% After Trump Backs CFTC Path for Hyperliquid in U.S.
#cryptoprowl
2 months ago
Key Takeaways
The Blockchain ******* ociation urged the SEC and CFTC to create a coordinated US framework for equity perpetual contracts.
It proposed regulating equity perpetuals under existing security-futures rules, arguing that no new legislation is necessary.
The group warned that continued regulatory uncertainty will push liquidity, jobs, market data and innovation further offshore.
The Blockchain ******* ociation has called on the Securities and Exchange Commission and the Commodity Futures Trading Commission to create a coordinated regulatory pathway for equity perpetual contracts in the United States.
#Equity #commission
The Blockchain ******* ociation urged the SEC and CFTC to create a coordinated US framework for equity perpetual contracts.
It proposed regulating equity perpetuals under existing security-futures rules, arguing that no new legislation is necessary.
The group warned that continued regulatory uncertainty will push liquidity, jobs, market data and innovation further offshore.
The Blockchain ******* ociation has called on the Securities and Exchange Commission and the Commodity Futures Trading Commission to create a coordinated regulatory pathway for equity perpetual contracts in the United States.
#Equity #commission
2 months ago
Wheat is back to stronger trade on Monday morning, with contracts 7 to 13 cents higher. The wheat complex is in the red across the three exchanges on Friday. Chicago SRW contracts were fractionally to 1 ¼ cents lower on Friday, with September up 6 ¾ cents on the week. KC HRW futures posted losses of 1 ¾ to 6 cents on the session, with September holding onto a 2 cent gain for the week. MPLS spring wheat was down 2 ½ to 4 cents lower at the close, with September rallying 20 cents on the week.
CFTC's weekly Commitment of Traders report showed managed money cutting back 4,916 contracts from their CBT wheat net short position in the week of 8/18 to a net short of 26,485 contracts. In KC wheat, they added back 7,173 contracts to their net long to 34,835 contracts.
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#september #back
CFTC's weekly Commitment of Traders report showed managed money cutting back 4,916 contracts from their CBT wheat net short position in the week of 8/18 to a net short of 26,485 contracts. In KC wheat, they added back 7,173 contracts to their net long to 34,835 contracts.
Why This Week Looks to Be Fun
Slow Pace of Brazil Harvest and Tight Inventories Boost Coffee Prices
Cattle Prices Struggle but Get Some Bullish USDA Data; Lean Hog Prices Mired at 12-Month Low
#september #back
2 months ago
The Securities and Exchange Commission (SEC) proposed its first permanent digital-asset rule to govern the crypto industry on Aug. 18, and the next day, President Donald Trump held the chief executives of the industry's biggest companies, specifically Coinbase Global, Ripple -- with its XRP (CRYPTO: XRP) -- and Robinhood Markets, at the White House for a summit. That gathering came on the heels of the Senate leaving town on Aug. 8 without voting on the Clarity Act, which many had **** umed would lead to the bill's chances of passage in 2026 becoming very slim.
In some sense, the summit might even have been a response to the sluggishness of Congress. White House crypto advisor Patrick Witt claimed that regulators in the executive agencies -- specifically the SEC and the Commodity Futures Trading Commission (CFTC) -- will "break glass" (i.e., use emergency mechanisms) if Congress didn't deliver on the Clarity Act. That could be imminent, so let's break down what's happening with crypto regulation outside of what's being debated in the Capitol.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
There have recently been a slew of rulemaking and policymaking attempts by the SEC and CFTC, starting in March, when the two agencies jointly published their new interpretation of existing laws.
That guidance sorted 18 crypto **** ets as digital commodities beyond the SEC's reach, including the crypto majors, Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), XRP, and Solana (CRYPTO: SOL). Each coin's primary regulator is now determined by the category it was placed in. But a future commission can withdraw that entire scheme with a memo because such legal interpretations aren't carved in stone.
#Crypto #commission #cftc
In some sense, the summit might even have been a response to the sluggishness of Congress. White House crypto advisor Patrick Witt claimed that regulators in the executive agencies -- specifically the SEC and the Commodity Futures Trading Commission (CFTC) -- will "break glass" (i.e., use emergency mechanisms) if Congress didn't deliver on the Clarity Act. That could be imminent, so let's break down what's happening with crypto regulation outside of what's being debated in the Capitol.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
There have recently been a slew of rulemaking and policymaking attempts by the SEC and CFTC, starting in March, when the two agencies jointly published their new interpretation of existing laws.
That guidance sorted 18 crypto **** ets as digital commodities beyond the SEC's reach, including the crypto majors, Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), XRP, and Solana (CRYPTO: SOL). Each coin's primary regulator is now determined by the category it was placed in. But a future commission can withdraw that entire scheme with a memo because such legal interpretations aren't carved in stone.
#Crypto #commission #cftc
2 months ago
Circle Internet Stock (NYSE: CRCL) is soaring today, up 8.7% as of 3:35 p.m. ET on Aug. 19, 2026, on news of a White House meeting between President Donald Trump and crypto-industry executives.
The S&P 500 and Nasdaq Composite were up 0.4% and 0.3%, respectively.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Trump is set to meet today with representatives from crypto companies as well as key regulators like Securities and Exchange Commission (SEC) Chair Paul Atkins and Commodity Futures Trading Commission (CFTC) Chair Mike Selig.
The meeting comes a day after the SEC proposed a rule change that would let some crypto companies skip standard securities-registration requirements. More changes could come from tomorrow's CFTC meeting.
#Crypto
The S&P 500 and Nasdaq Composite were up 0.4% and 0.3%, respectively.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Trump is set to meet today with representatives from crypto companies as well as key regulators like Securities and Exchange Commission (SEC) Chair Paul Atkins and Commodity Futures Trading Commission (CFTC) Chair Mike Selig.
The meeting comes a day after the SEC proposed a rule change that would let some crypto companies skip standard securities-registration requirements. More changes could come from tomorrow's CFTC meeting.
#Crypto
2 months ago
Bitcoin (CRYPTO: BTC) is soaring today, up 5.5% as of 3:07 p.m. ET on Aug. 19, 2026, as President Donald Trump and crypto-industry executives meet at the White House.
The S&P 500 and Nasdaq Composite were up 0.3% and 0.2%, respectively, on Wednesday.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Trump is meeting crypto executives at the White House on Wednesday afternoon. The group, which features executives from Coinbase Global, Payward, and Blockchain.com, will also meet with key regulators and White House staff, including Securities and Exchange Commission (SEC) Chair Paul Atkins, Commodity Futures Trading Commission (CFTC) Chair Mike Selig, and White House crypto advisor Patrick Witt.
Investors are hoping the meeting will lead to movement from Congress. The Clarity Act, which would provide a legal framework for the crypto market, is stalled in the Senate. Whether that comes to pass is very much an open question.
#Crypto #signal #wednesday #chair
The S&P 500 and Nasdaq Composite were up 0.3% and 0.2%, respectively, on Wednesday.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Trump is meeting crypto executives at the White House on Wednesday afternoon. The group, which features executives from Coinbase Global, Payward, and Blockchain.com, will also meet with key regulators and White House staff, including Securities and Exchange Commission (SEC) Chair Paul Atkins, Commodity Futures Trading Commission (CFTC) Chair Mike Selig, and White House crypto advisor Patrick Witt.
Investors are hoping the meeting will lead to movement from Congress. The Clarity Act, which would provide a legal framework for the crypto market, is stalled in the Senate. Whether that comes to pass is very much an open question.
#Crypto #signal #wednesday #chair
2 months ago
Brokerage Cantor Fitzgerald is offering its 3,000 institutional clients access to the Kalshi prediction market.
Cantor is one of the first Wall Street firms to give its institutional clients access to block trades in event contracts on a CFTC-regulated exchange such as Kalshi.
Under terms of the deal, Kalshi will provide pricing and liquidity, while Cantor Fitzgerald will be the acting broker, helping clients arrange and execute trades on the prediction market.
More From Cryptoprowl:
MEXC July TradFi Trading Shifts Toward AI Storage as SNDK Futures Volume Surges More Than 15x Times
#prediction
Cantor is one of the first Wall Street firms to give its institutional clients access to block trades in event contracts on a CFTC-regulated exchange such as Kalshi.
Under terms of the deal, Kalshi will provide pricing and liquidity, while Cantor Fitzgerald will be the acting broker, helping clients arrange and execute trades on the prediction market.
More From Cryptoprowl:
MEXC July TradFi Trading Shifts Toward AI Storage as SNDK Futures Volume Surges More Than 15x Times
#prediction
2 months ago
US spot Bitcoin (CRYPTO: $BTC) exchange-traded funds (ETFs) recorded $517.2 million in net inflows on Wednesday, their largest single-day investment since May 4, as Bitcoin rallied alongside renewed attention on US crypto regulation and financial markets.
The latest inflows pushed August's total to $1.47 billion. The funds have attracted about $1 billion since Monday, putting them on pace for their strongest weekly net inflow since the week ended Jan. 16, when they brought in roughly $1.42 billion, according to data from SoSoValue.
Spot Ethereum (CRYPTO: $ETH) ETFs also recorded strong demand, with $189.2 million in net inflows on Wednesday, bringing their weekly inflows to about $291.5 million.
More From Cryptoprowl:
Hyperliquid Turns to CFTC for Path Into U.S. Perpetual Futures Market
#million
The latest inflows pushed August's total to $1.47 billion. The funds have attracted about $1 billion since Monday, putting them on pace for their strongest weekly net inflow since the week ended Jan. 16, when they brought in roughly $1.42 billion, according to data from SoSoValue.
Spot Ethereum (CRYPTO: $ETH) ETFs also recorded strong demand, with $189.2 million in net inflows on Wednesday, bringing their weekly inflows to about $291.5 million.
More From Cryptoprowl:
Hyperliquid Turns to CFTC for Path Into U.S. Perpetual Futures Market
#million
2 months ago
Bitcoin (CRYPTO: $BTC) mining company Bitdeer Technologies Group's (NASDAQ: $BTDR) artificial intelligence division, Bitdeer AI, has secured a five-year contract covering roughly half of its A102 AI data center in Malaysia before the facility is energized.
The undisclosed customer, described by Bitdeer as being of "high credit quality," has committed to approximately 50% of A102's 9.5-megawatt capacity, according to a Wednesday announcement. The agreement is expected to generate about $400 million in revenue over five years.
Bitdeer said the contract will not contribute to revenue this year. Services are expected to start in the first quarter of 2027, when the company will begin recognizing revenue and related costs.
More From Cryptoprowl:
Hyperliquid Turns to CFTC for Path Into U.S. Perpetual Futures Market
#revenue #company #five #contract
The undisclosed customer, described by Bitdeer as being of "high credit quality," has committed to approximately 50% of A102's 9.5-megawatt capacity, according to a Wednesday announcement. The agreement is expected to generate about $400 million in revenue over five years.
Bitdeer said the contract will not contribute to revenue this year. Services are expected to start in the first quarter of 2027, when the company will begin recognizing revenue and related costs.
More From Cryptoprowl:
Hyperliquid Turns to CFTC for Path Into U.S. Perpetual Futures Market
#revenue #company #five #contract
2 months ago
Kalshi filed with the Commodity Futures Trading Commission on Tuesday to launch perpetual futures contracts tied to U.S. equity indexes and copper, the company's latest effort to expand beyond its prediction market roots into traditional derivatives territory.
The equity index filing seeks to list a perpetual futures contract — known as a "perp" — on the MerQube U.S. Large Cap Index, which tracks the 500 largest companies listed and based in the U.S., according to CNBC. SEC approval is not required for the equity index contracts, Reuters reported, because broad-based equity baskets fall within the CFTC's regulatory purview rather than the SEC's.
The copper contract, designated COPPERPERP, would be a cash-settled perpetual futures contract referencing the spot price of copper in U.S. dollars per pound, using the Pyth Network XCU/USD price feed as its underlying price index, Kalshi said. Each contract would represent 1,000 pounds of copper, with a minimum tick of $0.0005 per pound. The contract would trade continuously from 6:00 PM Eastern Time on Sunday through 5:00 PM Eastern Time on Friday, with a funding payment calculated daily at 10:00 AM Eastern Time on weekdays to keep the contract price aligned with the spot reference price, Kalshi said.
Unlike standard futures, perpetual contracts have no set expiration, meaning traders can maintain a position for as long as they choose. To keep the contract price close to the spot market, the structure relies on periodic funding payments exchanged between opposing sides of the trade.
A month earlier, Kalshi had submitted a CFTC proposal for perps on precious metals such as gold and silver, according to CNBC. The equity index and copper filings extend that push into additional ****** et classes as the company works to position itself as a multi-asset derivatives exchange competing with established operators.
#price #kalshi #futures #time
The equity index filing seeks to list a perpetual futures contract — known as a "perp" — on the MerQube U.S. Large Cap Index, which tracks the 500 largest companies listed and based in the U.S., according to CNBC. SEC approval is not required for the equity index contracts, Reuters reported, because broad-based equity baskets fall within the CFTC's regulatory purview rather than the SEC's.
The copper contract, designated COPPERPERP, would be a cash-settled perpetual futures contract referencing the spot price of copper in U.S. dollars per pound, using the Pyth Network XCU/USD price feed as its underlying price index, Kalshi said. Each contract would represent 1,000 pounds of copper, with a minimum tick of $0.0005 per pound. The contract would trade continuously from 6:00 PM Eastern Time on Sunday through 5:00 PM Eastern Time on Friday, with a funding payment calculated daily at 10:00 AM Eastern Time on weekdays to keep the contract price aligned with the spot reference price, Kalshi said.
Unlike standard futures, perpetual contracts have no set expiration, meaning traders can maintain a position for as long as they choose. To keep the contract price close to the spot market, the structure relies on periodic funding payments exchanged between opposing sides of the trade.
A month earlier, Kalshi had submitted a CFTC proposal for perps on precious metals such as gold and silver, according to CNBC. The equity index and copper filings extend that push into additional ****** et classes as the company works to position itself as a multi-asset derivatives exchange competing with established operators.
#price #kalshi #futures #time
3 months ago
Corn prices are down 3 to 4 cents on Monday morning. Futures posted losses of 1 ½ to 5 cents on the Friday session, as September and December both closed the week with a 23 ½ cent loss. Spillover weakness from wheat, rains, and month end pressure is a factor. December was still up 28 cents on the week. Open interest was down 3,693 contracts on Friday, suggesting some long were exiting. The CmdtyView national average Cash Corn price was down 6 cents at $4.10.
CFTC data released on Friday afternoon showed managed money adding 75,490 contracts to their net long in corn futures and options in the week of July 28. The net long was at 168,399 contracts as of Tuesday.
How Did Markets Start the New Month?
Ghana Cocoa Production Concerns Boost Cocoa Prices
Arabica Coffee Prices Slump as Dryness in Brazil Aids the Coffee Harvest
#long
CFTC data released on Friday afternoon showed managed money adding 75,490 contracts to their net long in corn futures and options in the week of July 28. The net long was at 168,399 contracts as of Tuesday.
How Did Markets Start the New Month?
Ghana Cocoa Production Concerns Boost Cocoa Prices
Arabica Coffee Prices Slump as Dryness in Brazil Aids the Coffee Harvest
#long
3 months ago
The CLARITY Act would cement XRP's commodity status into permanent federal law, replacing a reversible SEC/CFTC interpretation that institutional investors cannot rely on.
Republicans hold 53 Senate seats but need 7 to 9 Democratic votes to reach 60, with only about 2 currently secured.
Missing the August 7 recess deadline could push crypto legislation to 2030, with Polymarket currently pricing 2026 passage odds at 43%.
Don't wait: the **** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
XRP holders get a two-day countdown this week. Senator Elizabeth Warren has asked President Trump to voluntarily disclose his personal crypto earnings from January 1 through July 15, 2026, with a deadline of July 23, 2026. Whatever the White House does or does not do by Thursday will land squarely on top of the fight over the CLARITY Act, the crypto bill Senate leaders have been trying to move for months. For XRP price watchers, the disclosure request is the pressure point that could decide whether the biggest piece of crypto legislation in years clears the chamber or slides into next year.
#republicans
Republicans hold 53 Senate seats but need 7 to 9 Democratic votes to reach 60, with only about 2 currently secured.
Missing the August 7 recess deadline could push crypto legislation to 2030, with Polymarket currently pricing 2026 passage odds at 43%.
Don't wait: the **** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
XRP holders get a two-day countdown this week. Senator Elizabeth Warren has asked President Trump to voluntarily disclose his personal crypto earnings from January 1 through July 15, 2026, with a deadline of July 23, 2026. Whatever the White House does or does not do by Thursday will land squarely on top of the fight over the CLARITY Act, the crypto bill Senate leaders have been trying to move for months. For XRP price watchers, the disclosure request is the pressure point that could decide whether the biggest piece of crypto legislation in years clears the chamber or slides into next year.
#republicans
3 months ago
L1 Capital, an investment management firm, released its "L1 Capital International Fund" (unhedged) second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The letter discusses the current investment environment as a 'two-speed' but resilient global economy, accompanied by an uncertain future. The letter explores the potential of an AI bubble, distinguishing between strong fundamentals and speculative momentum. Additionally, the market displays a 'narrow' character, marked by high exuberance and ****** ounced over-pessimism. Against this backdrop, the Fund returned +2.6% (net of fees) during the June 2026 quarter, compared to the benchmark return of +12.5% (all in A$). The underperformance was driven more by which investments were not held in the Fund. The Fund remains focused on quality, valuation and the avoidance of permanent capital loss, and believes the portfolio is positioned to deliver attractive risk-adjusted returns for patient investors. In addition, you can check the Fund's top five holdings to know its best picks in 2026.
According to L1 Capital International Fund's Q2 2026 investor letter, Intercontinental Exchange, Inc. (NYSE:ICE), a US-based financial services company that provides technology, data, and market infrastructure to financial institutions, corporations, and government entities, detracted from the performance. On July 17, 2026, Intercontinental Exchange, Inc. (NYSE:ICE) closed at $139.65 per share, reflecting a market capitalization of $78.97 billion. Intercontinental Exchange, Inc. (NYSE:ICE) posted a one-month return of 6.33%, and its shares lost 22.76% over the past 52 weeks.
L1 Capital International Fund stated the following regarding Intercontinental Exchange, Inc. (NYSE:ICE) in its Q2 2026 investor update:
"Intercontinental Exchange, Inc. (NYSE:ICE) is an example of a high quality business that is not particularly AI-sensitive (positively or negatively) that we ****** s to be trading at a compelling valuation. ICE is trading on a forward price to earnings ratio of around 17x, a level we have not seen since the GFC.
ICE has been a long-term holding of the Fund, and we have discussed the investment on many prior occasions. In our view, not much has changed. There are some market concerns around the impact AI may have on the number of people using ICE's proprietary data and ****** ytics. We think this is a peripheral issue and unlikely to materially impact ICE. The larger market concern is that the Commodity Futures Trading Commission (CFTC), which regulates many of ICE's markets, may authorise 'perpetual' derivatives and encourage competition in products such as crypto that could compete with established regulated exchanges.
#market
According to L1 Capital International Fund's Q2 2026 investor letter, Intercontinental Exchange, Inc. (NYSE:ICE), a US-based financial services company that provides technology, data, and market infrastructure to financial institutions, corporations, and government entities, detracted from the performance. On July 17, 2026, Intercontinental Exchange, Inc. (NYSE:ICE) closed at $139.65 per share, reflecting a market capitalization of $78.97 billion. Intercontinental Exchange, Inc. (NYSE:ICE) posted a one-month return of 6.33%, and its shares lost 22.76% over the past 52 weeks.
L1 Capital International Fund stated the following regarding Intercontinental Exchange, Inc. (NYSE:ICE) in its Q2 2026 investor update:
"Intercontinental Exchange, Inc. (NYSE:ICE) is an example of a high quality business that is not particularly AI-sensitive (positively or negatively) that we ****** s to be trading at a compelling valuation. ICE is trading on a forward price to earnings ratio of around 17x, a level we have not seen since the GFC.
ICE has been a long-term holding of the Fund, and we have discussed the investment on many prior occasions. In our view, not much has changed. There are some market concerns around the impact AI may have on the number of people using ICE's proprietary data and ****** ytics. We think this is a peripheral issue and unlikely to materially impact ICE. The larger market concern is that the Commodity Futures Trading Commission (CFTC), which regulates many of ICE's markets, may authorise 'perpetual' derivatives and encourage competition in products such as crypto that could compete with established regulated exchanges.
#market
4 months ago
The Digital ***** et Market Clarity Act is major crypto legislation and its primary goal is to establish a regulatory framework for virtual ***** ets in the United States by clarifying the jurisdiction of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
But the legislation has proven to be controversial because of the stalemate between the banking and crypto industries over a provision concerning stablecoin rewards.
A stablecoin is a type of cryptocurrency that tries to keep its value stable by being pegged to a fiat currency like the U.S. dollar.
Related: Explained: What is a stablecoin?
A provision of the bill allows limited rewards for stablecoin holders in which users can earn yields on stablecoin payments, transfers, settlements, etc. However, a user can't earn rewards simply for holding stablecoins.
But the legislation has proven to be controversial because of the stalemate between the banking and crypto industries over a provision concerning stablecoin rewards.
A stablecoin is a type of cryptocurrency that tries to keep its value stable by being pegged to a fiat currency like the U.S. dollar.
Related: Explained: What is a stablecoin?
A provision of the bill allows limited rewards for stablecoin holders in which users can earn yields on stablecoin payments, transfers, settlements, etc. However, a user can't earn rewards simply for holding stablecoins.
4 months ago
Earlier this month, Meta Platforms (META) announced several ways to monetize its AI capex, including a new smart glass starting at $299. Reports suggest that it plans to release a prediction market app, which would be powered by what else but artificial intelligence (AI). On paper, the move appears to be a good one. Prediction markets are growing fast, and so is AI adoption. Moreover, tech companies, Meta included, have been looking at ways to monetize, or should we say justify, their AI capex at a time when markets are getting restless with the ever-rising budgets. I would argue that Meta has finally shown some sense of urgency amid an underperforming stock. Let's see what these measures could mean for Meta.
Talking of prediction markets, currently, the legal and regulatory landscape is complicated. While the Commodity Futures Trading Commission (CFTC) has been ***** erting its authority to regulate these platforms, states argue that regulating prediction markets is within their ambit. We are now in a situation where practically everyone is suing everyone else. So, several states have sued Kalshi and Polymarket, leading to counter lawsuits from these platforms. The CFTC has also gotten into the lawsuit game and has sued states that have acted against prediction markets.
Memory Demand Sent Seagate Soaring — But This Stock Looks Even Better
Nvidia Is Still a Bargain. ***** ysts See 57% Upside in NVDA Stock.
Roblox Shows Huge, Unusual Call Option Activity - Is RBLX Stock Too Cheap?
Talking of prediction markets, currently, the legal and regulatory landscape is complicated. While the Commodity Futures Trading Commission (CFTC) has been ***** erting its authority to regulate these platforms, states argue that regulating prediction markets is within their ambit. We are now in a situation where practically everyone is suing everyone else. So, several states have sued Kalshi and Polymarket, leading to counter lawsuits from these platforms. The CFTC has also gotten into the lawsuit game and has sued states that have acted against prediction markets.
Memory Demand Sent Seagate Soaring — But This Stock Looks Even Better
Nvidia Is Still a Bargain. ***** ysts See 57% Upside in NVDA Stock.
Roblox Shows Huge, Unusual Call Option Activity - Is RBLX Stock Too Cheap?
4 months ago
Cryptocurrency exchange BitMart is launching one of the first regulated prediction markets in the U.S.
Privately held BitMart is offering its customers a prediction market that's regulated by the federal Commodity Futures Trading Commission (CFTC).
The exchange says that users will have access to 405 live event markets that cover sports, economics, politics and cryptocurrencies.
More From Cryptoprowl:
Ripple, The Company Behind XRP, Is Valued At $50 Billion
Privately held BitMart is offering its customers a prediction market that's regulated by the federal Commodity Futures Trading Commission (CFTC).
The exchange says that users will have access to 405 live event markets that cover sports, economics, politics and cryptocurrencies.
More From Cryptoprowl:
Ripple, The Company Behind XRP, Is Valued At $50 Billion
4 months ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
As concerns grow surrounding the prediction market industry, the Commodity Futures Trading Commission (CFTC) has proposed new limits on what topics can and can't be subject to wagers.
While sports bettors might shrug, people who enjoy exploring the fringes of prediction markets are likely to grumble.
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's how to fix it ASAP
JP Morgan sees gold hitting $6,000/oz before 2027 — and a Gold IRA lets you hold the physical metal while deferring the tax bill. Get your free guide from Priority Gold
As concerns grow surrounding the prediction market industry, the Commodity Futures Trading Commission (CFTC) has proposed new limits on what topics can and can't be subject to wagers.
While sports bettors might shrug, people who enjoy exploring the fringes of prediction markets are likely to grumble.
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's how to fix it ASAP
JP Morgan sees gold hitting $6,000/oz before 2027 — and a Gold IRA lets you hold the physical metal while deferring the tax bill. Get your free guide from Priority Gold
4 months ago
Soybeans are showing 5 to 6 cents losses so far on Monday morning. Futures posted slight losses on Friday, with contracts steady to 2 ¼ cents in the red. July was down 8 cents on the week, with November slipping 5 ½ cents. The cmdtyView national average Cash Bean price was down a penny at $10.60 1/2. Soymeal futures were mixed, down a 40 cents to a 50 cents higher on the day, with July down $7.20 last week. Soy Oil futures were 17 to 53 points lower, as July was 16 points higher since last Friday. Crude oil is down $4.65 this morning and adding pressure after the US and Iran have reportedly come to a peace deal over the weekend.
Weekly Commitment of Traders data from CFTC showed spec funds with the largest Tuesday/Tuesday bear move in the report's history back to 2006, of 65,294 contracts. The net long was still at 90,756 contracts on Tuesday. Managed money was in a similar liquidation even in the soybean meal market, slashing 74,468 contracts from their net long to 52,602 contracts by Junte 9.
Brazil Weather Risks Boost Coffee Prices
Coffee Prices Are Falling. Expect More Losses Ahead with Bears in Control.
The New World Screwworm Is Still Center Stage for Cattle Prices. Depending on the Day, It's Either Bullish or Bearish.
Weekly Commitment of Traders data from CFTC showed spec funds with the largest Tuesday/Tuesday bear move in the report's history back to 2006, of 65,294 contracts. The net long was still at 90,756 contracts on Tuesday. Managed money was in a similar liquidation even in the soybean meal market, slashing 74,468 contracts from their net long to 52,602 contracts by Junte 9.
Brazil Weather Risks Boost Coffee Prices
Coffee Prices Are Falling. Expect More Losses Ahead with Bears in Control.
The New World Screwworm Is Still Center Stage for Cattle Prices. Depending on the Day, It's Either Bullish or Bearish.
