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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…

Protests erupted across Iran’s capital of Tehran on Monday as the rial hit record lows against the US dollar, a currency collapse that locals blame on the central bank’s poor fiscal policies as they watch the value of their life savings evaporate.While there’s no single solution to the economic hardship that Iranians are facing, Bitwise CEO Hunter Horsley suggested that Bitcoin (BTC) is a way for people around the world to protect themselves from plunging currency values.“Economic mismanagement — The story of the past, present, and future,” Bitcoin is a new way for the people to protect themselves,” Horsley said…

March ICE NY cocoa (CCH26) Friday closed down -13 (-0.22%).  March ICE London cocoa #7 (CAH26) closed down -87 (-2.02%) on Wednesday, and the market remained closed on Friday as part of the Christmas holiday.NY cocoa prices on Friday closed mildly lower on some pre-weekend long liquidation pressure after the gains seen earlier this week. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.  Cocoa prices have underlying support from expectations for index-related buying tied to the addition of cocoa futures to the Bloomberg Commodity Index (BCOM) starting in January.  According to…

Coinbase CEO Brian Armstrong has claimed Bitcoin provides healthy competition for the US dollar, which in turn pressures policymakers to maintain fiscal discipline and helps preserve the US dollar’s dominance.“[Bitcoin] provides a check and balance on the dollar in the sense of if there’s too much deficit spending or inflation in the US, people will flee to Bitcoin in times of uncertainty,” Armstrong argued in an interview on Tetragrammation with Rick Rubin on Thursday.“It might be okay to have 2-3% inflation if the economy is growing at 2-3% but if inflation outstrips the growth of the economy, you’ll eventually lose…