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May NY world sugar #11 (SBK26) today is down -0.15 (-0.96%), and May London ICE white sugar #5 (SWK26) is down -1.80 (-0.40%).Today’s plunge in crude oil prices (CLK26) by more than -7% has sparked long liquidation in sugar futures.  The weakness in crude prices undercuts ethanol prices and may encourage the world’s sugar mills to decrease ethanol production and boost sugar output.   Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   Sugar prices still have some support amid supply disruptions from the closure of the Strait of Hormuz.  According…

Bitcoin’s (BTC) failure to close the week above the 200-week exponential moving average (EMA) on Sunday put it at risk of another downward leg over the coming weeks or months.Key takeaways:Bitcoin price signals “structural weakness” with failure to close week above a key trend line.Analysts say the next breakdown clears path for another sell-off toward $46,000.The $47,000 level features as a deep structural support for Bitcoin. Bitcoin price weakness sparks sub-$50,000 targetsData from TradingView showed BTC/USD trading at $71,190, or 6% higher than its intraday low of $67,300.The pair had failed to produce a weekly close above the 200-weekly EMA on…

Resolv Labs moved Sunday to reassure users after an exploit hit the issuance mechanics of its USR stablecoin, knocking the token off its dollar peg and prompting decentralized finance (DeFi) protocols with exposure to move quickly to contain any fallout.Cointelegraph reported earlier Sunday that an attacker exploited USR’s minting mechanics, creating tens of millions of unbacked tokens and dumping them through DeFi pools, which broke the stablecoin’s peg and prompted Resolv to pause protocol functions as it assessed the damage.The token dropped as low as $0.14 (86% below its intended $1 price) after the exploit before rebounding to $0.42 at…

Cotton futures were down 3 to 36 points in the 2026 contracts on Friday, with deferred contracts up 8 to 32 points. May was 146 points in the green this week. Crude oil was up $2.67 on the day to $98.81, with the US dollar index up $0.237 to $99.295. Commitment of Traders data showed specs liquidating a large portion of their net short position in the week ending on 3/17, cutting it by 26,549 contracts. That was the largest Tuesday/Tuesday reduction to a net short position on record and took the net short to 40,205 contracts. Don’t Miss a Day:…

David Sabo has been named CTO of CV Advisors. Sabo will be responsible for leading the firm’s technology strategy and driving the integration of artificial intelligence across CV Advisors’ platform. Prior to joining CV Advisors, Sabo most recently served as CTO and head of product, and growth at Tienda Pago, where he scaled the engineering division to support the firm’s expansion in lending and payment solutions.  Elizabeth Burton has been appointed as chief strategist at Fortress Investment Group. Burton will lead research and analysis on current market conditions and emerging opportunities and develop insightful and actionable content for existing and prospective investors. Burton, will be based in New York and…

A 66-year-old Hong Kong retiree lost 6.6 million Hong Kong dollars (roughly $840,000) in a string of three related crypto investment scams after repeatedly trusting self-proclaimed “virtual currency experts” who reached out via WhatsApp, according to Hong Kong police’s CyberDefender unit.In a March 20 Facebook post, police said the victim was first approached in September 2025 by a scammer who cold messaged, claiming to be a “virtual currency investment expert” and promising steady gains if the victim followed his advice. The retiree then transferred $180,000 and deposited crypto into a wallet the scammer controlled, only to watch him disappear, prompting the…

May NY world sugar #11 (SBK26) today is up +0.22 (+1.43%), and May London ICE white sugar #5 (SWK26) is down -1.70 (-0.38%).Sugar prices are mixed today, with NY sugar climbing to a fresh 5-month high.  Sugar prices fell back from their best levels today, with London sugar turning lower, amid strength in the dollar ($DXY). Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   Soaring gasoline prices are boosting ethanol prices and are bullish for sugar.  Gasoline (RBJ26) is up more than +2% today and posted a 3.5-year high on…

Amazon founder Jeff Bezos is reportedly exploring the launch of a $100 billion investment fund aimed at transforming legacy industrial businesses through the application of artificial intelligence and advanced automation.  According to the Wall Street Journal, the proposed vehicle is being structured as a “manufacturing transformation fund,” focused on acquiring undervalued, asset-heavy companies across sectors that have historically lagged in digital adoption. The strategy centers on deploying next-generation AI tools to unlock efficiency gains and modernize operations.  Target sectors include semiconductors, aerospace, defense and automotive manufacturing. Bezos has reportedly begun early discussions with sovereign wealth funds and large global asset managers, including meetings in the Middle East and…

BitFuFu’s 2025 results showed a sharp shift in its business mix, with cloud mining overtaking self-mining as the company’s main revenue driver.The Singapore-based Bitcoin (BTC) miner reported $475.8 million in revenue for 2025, up 2.7% from a year earlier.Its self-mining output fell to 611 BTC from 2,537 BTC in 2024, a drop of 76%, while its Bitcoin holdings edged up to 1,778 BTC from 1,720 BTC a year earlier.The company attributed the change to weaker Bitcoin earnings per terahash, higher mining difficulty and a reduced share of hashrate allocated to self-mining, as it leaned more heavily on cloud-mining products.BitFuFu said…

The S&P 500 Index ($SPX) (SPY) on Thursday closed down -0.27%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.44%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.29%.  March E-mini S&P futures (ESH26) fell -0.24%, and March E-mini Nasdaq futures (NQH26) fell -0.25%.Global stock and bond markets settled lower on Thursday on concerns that the world’s central banks will tighten monetary policy to keep inflation in check as energy prices soar amid an escalating war in Iran.  US stock indexes added to Wednesday’s sharp losses on Thursday, with the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 falling to…