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7/29
09:02
Chris Tyrer, President of Bullish Exchange, stated that the debate over systemic risks associated with perpetual futures is misguided. He believes the risks stem from the specific design of trading platforms—including leverage limits, margin rules, index construction, and default handling—rather than from perpetual contracts themselves. Although perpetual futures are entering regulated markets and critics warn that they may pose systemic risks, Tyrer emphasized that the key lies in how trading platforms structure and manage risk. He also noted that institutional investors use perpetual futures for delta hedging and value their liquidity. Bullish has filed an application with the U.S. Commodity Futures Trading Commission (CFTC) seeking designation as a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO).
09:01
Silver September futures opened 0.3% lower on Wednesday, July 29, 2026, at $57.38 per ounce, but prices are holding steady this morning. This stability comes amidst renewed airstrikes in the Middle East and ahead of a Federal Reserve rate-setting meeting conclusion this afternoon. Geopolitical tensions are prompting safe-haven demand for precious metals, while the war in Iran is driving up energy prices, increasing the likelihood of a potential Fed rate hike later this year. The CME Group's FedWatch tool indicates a 64.2% chance the Fed will hold rates steady and a 35.8% chance of a 25 basis point hike.
09:01
The Dow Jones Industrial Average fell today, with reports linking the decline to renewed hostilities involving Iran. Separately, South Korean chipmaker SK Hynix's shares slid following its earnings announcement.
09:01
Ford's stock rose significantly following an analyst upgrade and the company's report of better-than-expected earnings.
09:01
Ocean Power Technologies Inc (OPTT) announced it has achieved Cybersecurity Maturity Model Certification (CMMC) Level 2 compliance. This certification is a requirement for US Department of War contracts and other federal programs that involve Controlled Unclassified Information and have specific cybersecurity requirements. The company stated that this milestone strengthens its ability to compete for new opportunities and support sensitive missions in maritime intelligence, autonomous systems, and maritime security.
09:01
JPMorgan Chase & Co. strategists predict the US Treasury will avoid making changes to its bond sales in the upcoming quarterly refunding statement. This decision is expected to prevent rattling bond markets ahead of crucial midterm elections, by holding off on adjustments that could introduce the possibility of larger bond sales.
08:56
Financial firm Bernstein has lowered its price target for Circle, the issuer of the USDC stablecoin, to $140 from $190. The firm maintained its 'Outperform' rating, stating that the threat from 'Open USD' is fading as USDC supply continues to hold near all-time highs.
08:56
Programmable smart wallet provider Safe reported a record quarter in Q2 2026. Its smart accounts processed nearly 130 million transactions, and the company ended the quarter with over 63 million Safe accounts created, indicating continued user growth.
08:56
JPMorgan Chase The U.S. Federal Reserve (Fed) is expected to keep interest rates unchanged at its upcoming meeting. Although the market has already priced in the possibility of an unexpected rate hike, JPMorgan Chase believes the Fed is most likely to adopt a “hawkish pause” (50% probability), which would cause the S&P 500 Index to remain roughly flat or decline by 0.5%.The bank’s analysis notes that if the Fed opts for a dovish pause, the stock market could rise by as much as 1%; whereas a 25-basis-point rate hike could cause the S&P 500 to fall by 1.5% to 2%, with technology stocks bearing the brunt of the impact.
08:50
Former U.S. President Donald Trump stated that tariffs have saved General Motors (GM). However, GM's July 21 quarterly filing with the Securities and Exchange Commission (SEC) estimates that Trump's tariffs will cost the company between $2.5 billion and $3.5 billion in 2026. Other major U.S. automakers, Ford and Stellantis, also project significant tariff costs for the year.
08:44
US Vice President Vance met with Israeli Prime Minister Benjamin Netanyahu on Tuesday. Separately, US Defense Secretary Hegseth is scheduled to meet with Netanyahu today.
08:40
Gold August futures opened down 0.4% on Wednesday, July 29, 2026, but quickly rose to $4,090. Gold prices have remained steady near $4,100 for the past two weeks, even as the U.S. and Iran reignited attacks. The Federal Reserve is set to conclude its two-day rate-setting meeting this afternoon. The CME Group's FedWatch tool indicates a 64.2% chance the Fed will leave rates unchanged. Geopolitical tensions and high oil prices are creating opposing forces on gold's price.
08:39
Prominent American billionaire investors Bill Ackman and David Tepper each significantly increased their holdings of Amazon (AMZN) stock in the first quarter of 2026.According to 13F filings for the first quarter of 2026, Ackman’s Pershing Square allocated approximately 17.4% of its portfolio to Amazon, while Tepper’s Appaloosa allocated approximately 15.2% of its portfolio to Amazon—with Tepper’s holdings nearly doubling quarter-over-quarter.This move came after Amazon reported strong first-quarter results, with the AWS business growing by 28% and annualized revenue from the custom chip business exceeding $20 billion.
08:37
Former U.S. President Donald Trump and United Airlines CEO Scott Kirby are reportedly set to unveil a $22 billion plan to expand and improve Washington Dulles Airport, according to sources.
08:35
US audit and consulting firm Grant Thornton will acquire publicly listed CBIZ in an all-cash deal valued at $5 billion. This acquisition marks the accounting sector’s largest takeover in a generation.
08:34
Former U.S. President Trump vowed a forceful response after U.S. forces intercepted an Iranian missile attack in Jordan. He stated, "We'll be hitting them hard," and also mentioned that overnight U.S.-Saudi strikes on Iran-backed militias in Iraq were coordinated with Baghdad. Trump warned that further action against Iranian proxies is under consideration.
08:34
Kraken Cyprus was recognized at the 14th Cyprus International Investment Awards ceremony, becoming one of seven international companies to receive this honor this year for their contributions to the Cypriot economy. Kraken established its operations in Cyprus in 2025. Its Cypriot entity holds a MiFID license regulated by the Cyprus Securities and Exchange Commission (CySEC), which allows it to offer regulated derivatives products to professional traders in the European Economic Area (EEA).
08:33
Two rival artificial intelligence (AI) super PACs are reportedly backing the same congressman. This development highlights the AI industry's increasing efforts to influence elections, mirroring strategies previously seen in the crypto sector.
08:30
Seagate (STX) stock shook off concerns related to the AI rally, reporting a significant earnings beat.

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