Global TradFi & Macroeconomics

According to the WSJ, Barry Diller has withdrawn his bid to acquire MGM Resorts. MGM shares fell more than 10% following the announcement. Diller's company, which includes publications such as People magazine and Food & Wine, had sought the acquisition as a hedge against artificial intelligence

According to the Korean Exchange, single-stock leveraged ETFs tracking Samsung Electronics and SK Hynix have significantly underperformed their underlying stocks since launching on May 27. Samsung leveraged ETFs fell 35.52% by September 23, while the stock itself declined only 4.52%. SK Hynix levera

On Thursday (September 24), spot gold fell 0.37% to $4,271.49 per ounce at the close in New York, while spot silver dropped 1% to $63.7915 per ounce. COMEX copper futures rose 0.16% to $6.7645 per pound. The NYSE ARCA Gold Miners Index declined 1.75% to 2,645.04 points, with the Philadelphia Gold

XRP price fell 8% over 24 hours to $1.50 on September 24, failing to hold the $1.60 level despite U.S. spot XRP ETFs recording $18.04 million in net inflows during the prior session on September 23. The decline occurred as XRP's 24-hour trading range spanned $1.60 to $1.46, with the token settling n

According to Yonhapnews, Samsung Electronics' deadline to purchase shares for Q3 dividend eligibility is September 28, with September 29 marking the ex-dividend date and September 30 the record date. Investors must complete purchases by market close on September 28 to qualify for the

According to Citigroup's research note released on Thursday, the bank closed its carry trade portfolio that had been positioned long South African rand, Mexican peso, Colombian peso, and Turkish lira while short Canadian dollar and Swiss franc. The move follows surging U.S. Treasury yields hitting d

According to Citigroup, the bank closed its carry trade portfolio on Thursday due to surging U.S. Treasury yields reaching multi-decade highs and elevated market volatility. The portfolio had included long positions in South African rand, Mexican peso, Colombian peso, and Turkish lira, alongside

According to Bloomberg, Oracle issued a Force Majeure notice on September 24 related to its Project Jupiter data center in New Mexico, causing the stock to fall more than 3%. The notice signals Oracle may withhold payments if the facility fails to become operational as scheduled in 2028,

According to Bloomberg Television, NATO Secretary-General Mark Rutte warned on Thursday that Europe's declining refining capacity could leave the continent vulnerable in the event of war. Speaking from the United Nations General Assembly in New York, Rutte stated that refineries are closing and

Alphabet Inc.'s Google, OpenAI, and Anthropic are pushing ahead with plans to create an industry-led AI safety standards body without government oversight, according to The Information. The companies hope to launch the organization

According to an announcement on Wednesday, the U.S. International Trade Commission (ITC) opened an investigation into dynamic random access memory (DRAM) products imported by Micron Technology, Hewlett Packard Enterprise, and Super Micro Computer, following a complaint filed by Netlist in August

The US Treasury on the 24th accepted only $4.078 billion in its 20–30 year maturity buyback auction, falling short of the $6 billion maximum despite receiving $10.468 billion in sell orders, yielding a bid-to-cover ratio of 2.57x. The Treasury maintained its policy of purchasing below the limit

According to the U.S. Treasury, a 20-30 year Treasury liquidity support buyback auction held on September 24 received $10.468 billion in sell orders but the Treasury purchased only $4.078 billion, falling short of the $6 billion cap. The bid-to-cover ratio stood at 2.57. The Treasury did not meet it

BlackRock's tokenized BUIDL fund reached approximately $552.4 million in assets under management as of September 22, according to dashboard validation data. The institutional fund, distributed through Securitize, provides qualified investors with onchain access to a portfolio centered on cash and

According to Bitcoinist dashboard validation data from September 22, BlackRock's BUIDL tokenized fund reached $552.4 million in assets under management. The institutional fund is distributed through Securitize and restricted to qualified investors seeking onchain exposure to cash and U.S. Treasury-s

According to an SEC statement on September 17, the U.S. Securities and Exchange Commission granted a five-year exemption allowing qualified tokenized U.S. stocks to trade on-chain in the United States. Tokenized versions must retain the same dividend rights, voting rights, and share class

On Thursday, Sept. 24, the U.S. 20+ Year Treasury ETF led declines across major asset classes with a 1.29% drop, followed by the Investment Grade Corporate Bond ETF down 0.71% and Emerging Markets ETF down 0.68%. Meanwhile, the Brent Oil Fund posted the largest gain at 2.45%, while the U.S. Dollar I

On Thursday (September 24), U.S. sector ETFs were mostly lower. Utilities ETF declined 0.98%, leading declines, while technology, global tech, and semiconductor ETFs fell up to 0.32%. Among gainers, biotech ETF surged 1.28%, internet ETF rose 0.77%, regional bank ETF gained 0.8%, and energy ETF

Ethereum saw 410,000 ETH withdrawn from exchanges in the past month, according to crypto commentator @bitfinex. During the same period, US spot Ether ETFs attracted $680 million over four sessions. The withdrawal of ETH from exchanges indicates reduced circulating supply on trading platforms,

According to crypto commentator @bitfinex, Ethereum's supply dropped by 410,000 ETH from exchanges over the past month, coinciding with US spot Ether ETFs attracting $680 million in inflows across four sessions. The synchronized outflow from exchanges and institutional inflow into ETFs reflects