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December ICE NY cocoa (CCZ25) on Friday closed down -200 (-3.64%), and December ICE London cocoa #7 (CAZ25) closed down -37 (-0.90%).Cocoa prices extended this week’s sell-off on Friday and posted 1.75-year lows on the nearest-futures chart.   Expectations of possible tariff cuts are weighing on cocoa prices after US Treasury Secretary Bessent said Wednesday that there would be “substantial announcements over the next couple of days” on tariffs on crops not grown in the US, including cocoa.   Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.  Since posting 6-week highs…

Harvard University boosted its investment in BlackRock’s Bitcoin exchange-traded fund (ETF) by over 250% in the third quarter after the Ivy League school first bought into the fund earlier this year.Harvard Management Company, the business that manages the university’s $57 billion endowment fund, reported in a regulatory filing on Friday that it held over 6.8 million shares in the iShares Bitcoin Trust ETF (IBIT) worth $442.8 million as of Sept. 30.The university disclosed in August that it had a position IBIT for the first time, holding around 1.9 million shares then worth $116.6 million.“Super rare” for a university to buy…

Key Takeaways More than 41,000 BTC and 228,000 ETH options expired on Friday. Analysts from Greeks.Live warned against leveraged trading. The platform confirmed that the crypto market has “entered a bear market.” Crypto markets slumped on Friday as a wave of expiring derivatives and rising volatility deepened concerns over what analysts are describing as Bitcoin’s “worst fourth quarter on record.” As BTC fell to its lowest levels since May, analysts claim data from the last three months show confidently that the industry has “entered a bear market.” Options Contracts Expire Data from the options analytics platform Greeks.Live showed that 41,000…

The wheat complex is falling back into losses on Friday. CBT soft red wheat futures are down 9 to 11 cents as the market trades on Friday. KC HRW futures are 10 to 12 cents in the red at midday. MPLS spring wheat futures are down 5 to 7 cents so far on Friday. USDA showed US ending stocks for 2025/26 another 57 mbu higher to 901 mbu, That mainly came as production was increased by 58 mbu to 1.985 bbu as we found in the Small Grains Summary on September 30.  The demand side of the balance sheet was left…

Steak ‘n Shake, a fast food restaurant company in the United States that accepts Bitcoin (BTC), announced on Saturday that it is expanding into El Salvador.“We were honored to be in Bitcoin Country,” the company said in an X post following Steak ‘n Shake’s participation in the country’s Bitcoin Histórico event on Wednesday and Thursday. Steak ‘n Shake started accepting BTC for payment at its stores in May, and the company’s chief operations officer, Dan Edwards, told Cointelegraph that the goal is to have BTC accepted at all of the company’s locations worldwide. Source: Steak ‘n ShakeThe company attributed a…

HSMPI – 5 Minute Chart – 141125 Chinese Economic Indicators Send Mixed Signals The larger-than-expected YoY drop in house prices coincided with falling unemployment but weakening retail sales, challenging Beijing’s 5% GDP growth target. Unemployment unexpectedly fell from 5.2% in September to 5.1% in October. A stabilization in the labor market could boost consumer sentiment, potentially reviving domestic demand. While the unemployment rate fell, private sector PMIs pointed to job cuts, highlighting uneven labor market conditions. Meanwhile, retail sales increased 2.9% YoY in October, down from 3% in September. Crucially, retail sales have trended sharply lower since May’s 6.4% YoY…

Key Takeaways Coinbase has applied for regulatory approval to acquire a minority stake in CoinDCX parent DCX Global Services. The U.S. exchange has invested in CoinDCX three times before and currently holds about 2.5%. India continues to draw major global exchanges despite heavy taxes and unclear regulations. Coinbase is making its most decisive push into India yet. The U.S. exchange has formally moved to acquire a minority stake in the parent company of CoinDCX, India’s largest crypto exchange, marking a significant escalation in its long-running effort to gain a footing in one of the world’s most active digital-asset markets. The…

December WTI crude oil (CLZ25) on Friday closed up +1.40 (+2.39%), and December RBOB gasoline (RBZ25) closed up +0.0519 (+2.65%).Crude oil and gasoline prices rallied on Friday, recovering some of Wednesday’s sharp sell-off.  Concerns about global oil supplies are bullish for crude prices after Ukraine on Friday launched drone and missile attacks on Russia’s key oil export port of Novorossiysk, where Russia shipped about 700,000 bpd in September and October.  Ukraine also attacked the Rosneft Saratov refinery in Russia’s Volga region on Friday, which processes about 140,000 bpd. Don’t Miss a Day: From crude oil to coffee, sign up free…

Key takeaways:Bitcoin softened as tech sector weakness spilled into crypto markets, reducing risk appetite and limiting demand for bullish leverage.Persistent spot Bitcoin ETF outflows and targeted sales from a 2011 holder exacerbated downward pressure.Bitcoin (BTC) is down 11% since Monday, falling to a six-month low of $94,590 on Friday. Bitcoin derivatives continue to signal weakness, even as several large tech names posted similar declines during the week. Traders are now asking whether the market has already found a floor and what must happen before confidence returns. BTC futures aggregate open interest, USD. Source: CoinGlass / CointelegraphThe pullback erased $900 million…

The S&P 500 Index ($SPX) (SPY) today is down -1.10%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.68%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.55%.  December E-mini S&P futures (ESZ25) are down -1.05%, and December E-mini Nasdaq futures (NQZ25) are down -1.50%.US stock indexes are moving lower today as most of the optimism over the reopening of the US government has already been priced in.  The weakness in chipmakers today and a slide in the Magnificent Seven technology stocks are a drag on the overall market. Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a…