Author: admin

The wheat complex was in rally mode across the three exchanges on Friday, led by the winter wheat contracts. Chicago SRW futures were 12 to 14 cents in the green at the close, with March up 11 ½ cents this week. KC HRW futures were up 14 to 15 cents, taking March 13 ½ cents higher on the week. MPLS spring wheat was up 1 to 2 cents and lagging behind, but still with a dime gain this week.Freezing temps and very little snow cover in parts of HRW country may be adding some premium ahead of the weekend. Don’t…

Read More

Decentralized exchange (DEX) aggregator Matcha Meta suffered a security breach on Sunday through one of its primary liquidity providers, SwapNet, in the latest cyberattack tied to exploiting smart contract vulnerabilities.Matcha Meta disclosed the breach in a post on X on Sunday, warning that users who had disabled one-time token approvals may be at risk. The protocol urged users to immediately revoke all approvals granted to SwapNet’s router contract to prevent further losses.Estimates of the stolen funds vary. Blockchain security company CertiK said roughly $13.3 million was taken, while PeckShield estimated at least $16.8 million in funds stolen on the Base…

Read More

Nifty Gateway, one of the earliest and most recognizable NFT marketplaces, is set to shut down operations next month, marking another high-profile exit amid the sector’s prolonged downturn.“Today, we are announcing that the Nifty Gateway platform will be closing on February 23, 2026,” the Gemini-owned platform wrote in a Saturday post on X, adding that it has already entered withdrawal-only mode, giving users roughly one month to move any remaining NFTs or funds off the site. A shutdown notice is now displayed on Nifty Gateway’s homepage, and users can withdraw assets either through a linked Gemini Exchange account or directly…

Read More

Soybeans saw stronger trade late in the session, as front months were 3 to 4 cents higher at the close. March was a dime higher this week. The cmdtyView national average Cash Bean price was 3 3/4 cents higher at $9.98 ¾. Soymeal futures were 20 cents to $3.70/ton, as March rallied $9.90 this week. Soy Oil futures were 5 to 21 points higher, with March up 138 points since last Friday.Export Sales data from this morning showed a marketing year high in soybean sales at 2.45 MMT in the week of 1/15. That was 18.6% above last week and 63.97% larger than…

Read More

GameStop has transferred its entire Bitcoin holdings to Coinbase’s institutional trading platform, sparking speculation that the video game retailer may be reconsidering its Bitcoin treasury strategy.“GameStop throws in the towel?” blockchain intelligence platform CryptoQuant asked in a post to X on Friday after noticing that GameStop moved its entire 4,710 Bitcoin (BTC) stash worth more than $422 million to Coinbase Prime.CryptoQuant said the transfer was “likely to sell” the holdings, noting that a sale with Bitcoin at $90,800 would mean GameStop realizing around $76 million in losses from its Bitcoin bet.GameStop accumulated 4,710 Bitcoin across several investments in May at…

Read More

Cotton futures were steady to 7 points lower in the front months on Friday, as March was 85 points lower this week. Crude oil futures were up $1.95 per barrel at $61.31. The US dollar index was down $0.871 to $97.305. USDA Export Sales data showed 412,457 RB of cotton sold in the week ending on January 15, a marketing year high. Vietnam was the largest buyer of 220,700 RB, with 38,600 RB sold to Bangladesh. Export shipments were 187,776 RB, also a marketing year. The top destination was Vietnam at 62,300 RB, with 45,900 RB headed to Pakistan. Don’t Miss…

Read More

The American Bankers Association (ABA) has made cracking down on stablecoin yield a top priority for 2026, amid its ongoing debate with US lawmakers that it will hurt the banking industry’s competitiveness.The ABA said on Tuesday that one of several priorities it has this year is to “stop payment stablecoins from becoming deposit substitutes that slash community bank lending by prohibiting paying interest, yield or rewards regardless of the platform.”Stablecoin oversight topped a list of five priorities, which also included fighting financial fraud, stopping arbitrary interest rate caps, and focusing on indexing and mission-driven banks. ABA CEO and president Rob…

Read More

March WTI crude oil (CLH26) on Thursday closed down -1.26 (-2.08%), and March RBOB gasoline (RBH26) closed down -0.0408 (-2.17%).Crude oil and gasoline prices sold off sharply on Thursday after Ukrainian President Zelenskiy signaled progress in peace talks on ending the war with Russia.   Losses in crude oil and gasoline accelerated Thursday after the EIA unexpectedly reported that crude inventories rose and gasoline supplies jumped to a nearly 5-year high.  Thursday’s dollar weakness was supportive for energy prices. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.  Crude prices retreated on…

Read More

The US Senate Agriculture Committee released a Republican draft of the market structure bill, which includes protections for crypto developers, setting it up for a markup next week.US Senate Agriculture chair John Boozman says the panel’s Republicans are yet to find middle ground with Democrats on several “fundamental policy issues” related to crypto market structure legislation.Boozman’s comments came as the Senate panel released a Republican draft of the bill on Wednesday, ahead of a scheduled markup on Tuesday, Jan. 27, which did not have the support of the committee’s Democrats.“While differences remain on fundamental policy issues, this bill builds on…

Read More

Soybeans futures are trading with 12 to 13 cent gains in the nearbys on Wednesday.  The cmdtyView national average Cash Bean price is 13 1/4 cents lower at $9.95. Soymeal futures are down 40 to 70 cents, with Soy Oil futures 141 to 144 points higher. In an interview late on Tuesday, US Trade Rep Greer stated there is a chance that he and secretary Bessent meet with Chinese counterparts before April when President Trump is expected to meet with President XI.  Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.  Rains are expected in northern…

Read More