Open Interest in BTC Up $1.6B Since the Start of October

As Bitcoin revisits its $20k support level on Tuesday, Bitcoin open interest rose by $1.6 billion since the start of October. Now, aggregated open interest has reached $10.73 billion. This nearly levels up with a three-week high on September 27th when Bitcoin was $20,296, just before toppling to $18.6k a day later. When both a spike in Bitcoin open interest […]

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Hurricane Ian caused 'modest damage' to Mosaic facilities

video Hurricane Ian dealt Florida a ‘devastating blow’: Florida Citrus Mutual CEO Matt Joyner Florida Citrus Mutual CEO Matt Joyner discusses the impact of Hurricane Ian on food costs and the citrus industry on ‘The Claman Countdown.’ Mosaic Co.'s facilities and supporting infrastructure in Florida sustained "modest damage" from Hurricane Ian, according to a press release Monday from the company. […]

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Treasuries Come Under Pressure After Initial Move To The Upside

After showing an initial move to the upside, treasuries came under pressure over the course of the trading session on Friday. Bond prices pulled back well off their early highs and slid firmly into negative territory going into the close. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 5.7 basis points to 3.804 […]

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ASIC sues Nuix for misleading, deceptive conduct

The corporate regulator is taking legal action against troubled tech company Nuix and its board for allegedly breaching their continuous disclosure obligations, while clearing the insider trading allegations against former company chief financial officer Stephen Doyle and his brother Ross. The Australian Securities and Investments Commission (ASIC) on Thursday said it has filed papers in Federal Court, alleging that Nuix […]

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Trump SPAC Moves to UPS Store

Digital World Acquisition Corp. (NASDAQ: DWAC), the blank-check company that has a deal to take former President Trump’s media company public, has changed its listed address from a WeWork location in Miami, Florida, to a UPS store in the same city. The Financial Times reported that Digital World also has agreed to rent office space from a business “affiliated” with […]

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Gasoline rises, British pound plunges and more: Monday's 5 things to know

video Bear market investing is ‘great opportunity’ for long-term investors: David Bahnsen The Bahnsen Group founder and managing partner breaks down the impact of the 40-year high inflation on Americans on ‘Maria Bartiromo’s Wall Street.’ Here are the key events taking place on Monday that could impact trading. GASOLINE: The average price for a gallon of regular gasoline in the […]

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