Here is why a massive $1.6 billion in crypto liquidity is sitting idle and wasting away
About $542 million weekly sat outside active trading ranges, meaning this capital earned zero fees and provided no market depth. Source:CoinDesk
Massive bitcoin call spreads target $72,000 by month end, right when the Fed meets
Large traders are betting on a BTC price rise to $72,000 by the end of the month, latest options market flow suggests. Source:CoinDesk
Tokenization has become a strategic priority for 84% of financial firms
A Broadridge survey found Wall Street is accelerating tokenization efforts while betting on hybrid markets where digital and traditional assets coexist.…
A massive lettuce recall hits home as local restaurants shake up their salad menus
Some independent restaurants are throwing out all their bagged lettuce, while others have found ways to keep serving customers their leafy greens.…
How a homegrown Chinese chip maker became the memory industry’s biggest wild card
As ChangXin Memory Technologies gears up for a breakout public listing, the chip maker is eyeing the turf held by Micron, SK Hynix and Samsung.…
Forget gasoline: Why the price surge in this under-the-radar fuel is the real threat to the U.S. economy
As investors fret about gasoline, diesel prices have been rising and are threatening to cause even more economic destruction. Source:MarketWatch
This may be the real reason USDA made a huge revision to its beef-export sales data
It’s ‘like driving one more nail into the proverbial coffin,’ says a rancher about the recent deterioration in U.S. agriculture data Source:MarketWatch
FTX to distribute $900M to creditors in fifth payment round
The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from…
How your winning stock-index fund can turn on a dime
Also in Weekend Reads: The changing bond market, housingmarket opportunities and advice from the Moneyist. Source:MarketWatch
Crypto Biz: When dollars disappear, stablecoins step in
Bolivia moves to recognize USDT amid a dollar shortage, while Bitcoin miners’ AI ambitions face fresh investor scrutiny. Source:Cointelegraph
Stripe and Swift race to control the next generation of global payments infrastructure
Crypto and blockchain experts say this week's moves show the two established finance companies are increasingly competing for control of the infrastructure…
OKX Europe lets users convert USDT to MiCA-compliant USDC
The feature offers European customers a voluntary path away from Tether’s USDT as MiCA rules reshape the region’s stablecoin market. Source:Cointelegraph