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Crypto’s latest sell-off isn’t just a price story. It’s showing up on balance sheets, inside spot exchange-traded funds (ETFs) and even in how infrastructure gets used when markets turn.This week, Ether’s (ETH) slide is leaving treasury-heavy companies nursing massive paper losses, while Bitcoin (BTC) ETFs are giving a new wave of investors their first real taste of downside volatility. At the same time, extreme weather is reminding miners that hash rate still depends on power grids, and a former crypto miner-turned-AI darling shows how yesterday’s mining infrastructure has quietly become today’s AI backbone.This week’s Crypto Biz newsletter breaks down BitMine Immersion…

The wheat complex posted gains across the three markets on Thursday. Chicago SRW futures closed 7 to 9 cents higher in the front months. KC HRW futures were 7 to 9 cents in the green on the day. MPLS spring wheat was up 4 to 6 cents at the close. Export Sales data from this morning showed 373,877 MT of wheat sold in the week of January 29. That was down 33.02% from the previous week and 14.81% below the same week last year. The largest buyer was the Philippines, with 89,200 MT sold to Taiwan, and 67,900 MT to Mexico.…

The $200 Billion Spending Shock The big shock was Amazon’s announcement that it expects to spend about $200 billion in capital expenditures in 2026. Wall Street was looking for something closer to $146 billion. That’s not a small miss. That’s a massive jump, and it immediately raised red flags about cash flow and profitability. Why Capex Matters More Than You Think For everyday investors, capex might sound like boring accounting jargon, but it matters a lot. Capital spending is real money going out the door for things like data centers, AI infrastructure, chips, warehouses, and delivery networks. When a company…

Tether has made a $100 million strategic equity investment in Anchorage Digital, formalizing an existing relationship between the stablecoin issuer and the federally regulated US crypto bank.According to a post by Tether on Thursday, the investment builds on the companies’ prior collaboration, which includes Anchorage Digital’s role as the issuer of USAt, which launched on Jan. 27.USAt is dollar–pegged stablecoin designed to operate in the United States under the federal payment stablecoin framework established by the GENIUS Act in July 2025.Anchorage Digital Bank, founded in 2017 in San Francisco, is the first federally chartered digital asset bank in the United…

Corn futures ended the Wednesday session with contracts a penny to 2 cents higher across the front months. The CmdtyView national average Cash Corn price was up 2 cents at $3.96 1/4. Some spillover support was from the rally in soybeans. USDA reported a private export sale of 130,480 MT of corn to unknown destinations this morning. Weekly data will be out on Thursday, with traders looking for between 0.8-2.1 MMT in corn sold for the week ending on 1/29. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   EIA data from this…

The U.S. Treasury avoided surprises in its quarterly refunding announcement, outlining issuance plans that largely matched market expectations while reinforcing its reliance on Treasury bills to finance rising federal spending.  U.S. Department of the Treasury said it will issue $125 billion in coupon securities this quarter, including $58 billion in 3-year notes, $42 billion in 10-year notes, and $25 billion in 30-year bonds at auctions next week. Auction sizes for notes and bonds will remain unchanged through May and are expected to stay steady for “the next several quarters.”  While longer-dated issuance remains capped, Treasury emphasized that bills will continue to shoulder a greater share of funding…

The comments came during Bessent’s Congressional testimony on Wednesday in a tense exchange with California Representative Brad Sherman.United States Treasury Secretary Scott Bessent testified before Congress on Wednesday and reiterated that the US will retain Bitcoin (BTC) acquired through asset seizures but will not direct private banks to purchase more BTC in the event of a market downturn.California Congressman Brad Sherman, a major critic of Bitcoin and cryptocurrencies, asked Bessent: “Does the Treasury Department or the various components of the Federal Open Market Committee have the authority to bail out Bitcoin?”Sherman then asked Bessent if he plans to direct private…

Key Takeaways A woman claiming to be Justin Sun’s former girlfriend alleges he manipulated TRX prices on Binance in 2017–2018 using employee-linked accounts. The accuser says she is willing to cooperate with a U.S. SEC investigation. Justin Sun and Binance have not publicly responded to the claims. Justin Sun, the founder of the Tron blockchain and one of the crypto industry’s most high-profile entrepreneurs, is facing allegations of market manipulation after a woman claiming to be his former girlfriend accused him of orchestrating a “pump and dump” scheme involving the TRX token on the Binance exchange. The allegations were made…

The wheat complex is showing mixed action so far on Monday, with the soft wheat market the weakest. Chicago SRW futures are 1 to 2 cents lower. KC HRW contracts are up 1 to 2 cents so far on the day. MPLS spring wheat futures are up a penny in the nearbys so far. Weekly Export Inspection data from this morning showed a total of 298,075 MT (10.95 mbu) of wheat shipped during the week of 12/12. That was an increase of 20.2% from last week and 4.66% above the same week last year. Mexico was the largest buyer of 69,471 MT,…

The Walt Disney Company’s board has elected Disney Experiences Chairman Josh D’Amaro as the next CEO, effective March 18, 2026, succeeding longtime CEO Robert A. Iger. D’Amaro, a 28-year Disney veteran and “the architect of the largest global expansion in Disney Experiences history,” will also be appointed to the board.   “Josh D’Amaro possesses that rare combination of inspiring leadership and innovation, a keen eye for strategic growth opportunities, and a deep passion for the Disney brand and its people – all of which make him the right person to take the helm as Disney’s next CEO,” said James Gorman, chairman of the board. “Josh D’Amaro is an exceptional leader and…