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BitMine Immersion Technologies has added another 82,560 Ether, worth roughly $259 million, to Ethereum’s staking system, intensifying congestion in the network’s validator entry queue as institutional demand for yield continues to build.Data from Arkham shows that the Ether (ETH) treasury firm sent multiple large deposits to Ethereum’s BatchDeposit contract within the past few hours. With the new stake, BitMine’s total staked ETH has climbed to 544,064 Ether, valued at approximately $1.62 billion at current prices, according to onchain analyst Lookonchain.BitMine first started staking ETH on Dec. 26, transferring nearly $219 million worth of ETH to staking-related contracts on the Ethereum…

The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.74%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.63%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.84%.  March E-mini S&P futures (ESH26) fell -0.71%, and March E-mini Nasdaq futures (NQH26) fell -0.89%.Stock indexes retreated on Wednesday, with the S&P 500, the Dow Jones Industrial Average, and the Nasdaq 100 sliding to 1.5-week lows.  The weakness in chip stocks and data storage companies led the broader market lower on the last trading day of the year. Also, mining stocks slid on Wednesday, with gold prices falling to a 2.5-week low and silver…

Crypto executive Kain Warwick is set to pay up $50,000 after betting that Ether would hit $25,000 in 2025, joining one of many market participants who overestimated the speed of Ether’s recovery after its dip in October. Ether (ETH) ended Dec. 31 trading at roughly $2,980, around 13.7% lower than where it started at the beginning of the year, according to CoinMarketCap.Part of it was due to a $19 billion crypto market liquidation on Oct. 10 that triggered a downtrend, pushing Ether as low as $2,767 before it slowly crept upward again.The bet came from an exchange between Warwick and…

March ICE NY cocoa (CCH26) on Wednesday closed up +2 (+0.03%).  March ICE London cocoa #7 (CAH26) closed up +11 (+0.25%).Cocoa prices settled slightly higher on Wednesday, consolidating below Monday’s 2-week highs.  London cocoa posted bigger gains on Wednesday after the British pound (^GBPUSD) fell to a 1-week low, boosting cocoa priced in sterling. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.  On Monday, cocoa prices rose to 2-week highs as slower cocoa arrivals at ports in the Ivory Coast have fueled concerns about tighter supplies.  Farmers in the Ivory Coast…

Bitcon has ended 2025 lower than it began, marking the first time it’s fallen in a post-halving year. Bitcoin (BTC) halvings occur every four years, when mining rewards are cut in half and fewer new coins enter the market. Historically, this has resulted in a cycle of accumulation: a post-halving bull run that peaks, followed by a sharp correction and a multi-year bear market.After the 2012 halving, Bitcoin spiked to end the following year at a new high; a similar pattern played out in 2016 and again in 2020. However, the pattern has broken this time. Despite the latest halving being in…

Key Takeaways Schiff urges Bitcoin holders to sell above $90,000. Economist remains bullish on precious metals despite volatility. Schiff accused Wikipedia of publishing false and defamatory claims on his biography page. A well-known investor has again put forward a bullish outlook for Bitcoin, predicting a sharp rally to new highs as prices gained momentum during the Christmas period, even as analysts warn that broader market pressures remain in place. On Monday, Bitcoin briefly climbed above the $90,000 level after weeks of volatility, renewing debate over whether BTC can extend its gains into year-end. Bitcoin Price Prediction Investor Mike Alfred stated…

Soybeans closed Tuesday with weakness, as contracts were down fractionally to 3 1/4 cents. The cmdtyView national average Cash Bean price was 3/4 cent lower at $9.80. Soymeal futures were steady to $2.10/ton lower, with Soy Oil futures up 7 to 15 points on the day.USDA reported a private export sale of 136,000 MT of soybeans to China this morning, with 231,000 MT sold to unknown destinations during the reporting period. USDA will give us another weekly update for the week ending on 12/18 on Wednesday morning.  Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity…

Ugandan politician and opposition leader Bobi Wine is encouraging his constituents to download Jack Dorsey’s decentralized peer-to-peer messaging service, Bitchat, in the lead-up to the country’s election, alleging the ruling party will try to cut off communication services.  During the 2016 election, long-time Ugandan President Yoweri Museveni blocked internet and social media access for the entire population, citing security and safety concerns, and again in 2021, according to a report from the Pan-African Human Rights Defenders Network.Wine alleged in a X post on Tuesday that a similar action is on the agenda in the lead-up to the Uganda 2026 presidential election,…

Key Takeaways Crypto investment products continue to see outflows towards the end of the year. Bitcoin led the outflows in the past week, while Solana and XRP continue to see inflows for another week. The weekly flows indicate a cautious approach by investors. Bitcoin and Ethereum exchange-traded funds (ETFs) have continued to experience massive outflows towards the end of the year. At a time when BTC and ETH investment products continue to see outflows, Solana and XRP ETFs have maintained their market-defying momentum, recording their most significant weekly inflows since inception. Bitcoin and Ethereum Products Still Negative, Altcoins See Optimism…

March NY world sugar #11 (SBH26) on Monday closed up +0.09 (+0.59%).  March London ICE white sugar #5 (SWH26) closed down -0.60 (-0.14%).Sugar prices settled mixed on Monday, with NY sugar matching last Wednesday’s 2.25-month high.  Sugar prices have carryover support from last Tuesday when consulting firm Safras & Mercado said that Brazil’s sugar production in 2026/27 will fall by -3.91% to 41.8 MMT from 43.5 MMT expected in 2025/26.  The firm expects Brazil’s exports in 2026/27 to fall -11% y/y to 30 MMT. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity…