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10/21
00:48
Trump Sued Over 50% Tariffs on Canadian Goods, Challenging 1930s Law
A new lawsuit filed Tuesday by Gellert Global Group challenges President Donald Trump's July invocation of Section 338 of the Tariff Act of 1930 to impose 50% tariffs on Canadian hockey sticks, wine, honey, wigs, and other products. This marks the first time the 96-year-old law has been used for tariffs. The suit seeks to declare the tariffs unlawful, block their enforcement, and demand refunds for already paid duties, with interest. This follows the Supreme Court's February striking down of Trump's "reciprocal" tariffs, which led to $166 billion in refunds.
00:43
Macron secures commitments for 200,000 tons of diesel per month from UAE and Bahrain, bringing France's total committed supply to 295,000 tons per month.
French President Emmanuel Macron has secured new diesel supply commitments from the Middle East. According to the French presidential palace, Macron has obtained commitments from the UAE and Bahrain for an additional 200,000 tons of diesel per month. Including supplies from Saudi Arabia, France now has commitments for 295,000 tons of diesel per month, representing just over 10% of its consumption. These agreements, announced on Tuesday, aim to address high energy prices caused by the US-Iran war and protests triggered by soaring domestic fuel prices in France. Kuwait has also pledged to supply diesel and kerosene to French overseas territories, which will be transported via Oman to bypass the Strait of Hormuz.
00:38
Prediction Markets See Surging Volume Ahead of Midterms, as CFTC Clarifies Regulatory Stance
Combined monthly trading volume on prediction markets Kalshi and Polymarket more than doubled from $26 billion in May to $53 billion in July, with over $30 million traded on House and Senate races by July. The Commodity Futures Trading Commission (CFTC) withdrew a 2024 proposal that would have classed election contracts as gaming, and in June published a proposed framework under which elections would not count as gaming. Former NBC News political director Chuck Todd will host the NEXTPredict summit on October 22-23, focusing on whether markets or pollsters are a better predictor of election outcomes. Morgan Stanley also studied Kalshi trades, finding prices closely tracked outcomes.
00:38
Wintermute sees Bitcoin as defensive asset amid altcoin liquidity crisis, flags FOMC as volatility catalyst
Crypto market maker Wintermute's latest weekly report highlights Bitcoin as a defensive asset, noting its 3.5-point lead over Nasdaq suggests it's holding up better than macro trends. The firm points to an open liquidity crisis in the altcoin market, with funds concentrating in Bitcoin and Ethereum. Wintermute sets $82,500 as a key defense line for Bitcoin, while anticipating a volatility explosion driven by upcoming macro events like the October 28 FOMC meeting, US midterm elections, and earnings season. The report attributes market anxiety to accelerating US inflation (3.7%) and its spillover effects, which previously triggered a 5.52% Nasdaq crash and destabilized digital assets.
00:36
Iran's security chief says no talks unless US builds trust
00:35
MIT-Incubated Optimum Network Launches Block Propagation Layer on Ethereum Mainnet
The Optimum network, incubated at MIT, announced its block propagation layer is now live on the Ethereum mainnet. The layer is currently supported by 16 node operators, with approximately 1.4 million ETH staked. Notably, ether.fi has made this technology standard across its validator set.
00:35
Bitwise Report: Ethereum Q3 Staking Reaches Record 43.8 Million ETH, Nearly 36% of Total Supply
Bitwise reported that Ethereum staking reached a record 43.8 million ETH in Q3, accounting for nearly 36% of the total supply, while yields dropped to 2.63% during the same period. Solana staking also hit a new high of 440.5 million SOL.
00:34
Netflix (NFLX) to report Q3 earnings, investors eye ad business and M&A outlook
Netflix is scheduled to report its third-quarter earnings after market close on Tuesday. Investors will be closely watching for updates on the company's ad-supported business, engagement metrics, and its stance on potential mergers and acquisitions (M&A).

The report comes as the media industry faces consolidation and intense competition. Last week, Netflix announced layoffs of approximately 6% of its employees and the departure of Chief Content Officer Bela Bajaria, amidst stagnating viewership and growing competition from platforms like YouTube. Despite these challenges, Netflix continues to post solid profits, largely aided by its cheaper, ad-supported tier, and remains the largest player in streaming. The company also announced new features for advertisers on Tuesday.
00:33
Australian Lithium Miner PLS Group Markets $700 Million Bond for Expansion
00:32
Starboard Value CEO Jeff Smith outlined the activist fund's latest three investment strategies at a summit in New York.
00:32
Netanyahu Says Overthrowing Iranian Regime Would End Hezbollah, Bring Peace
Israeli Prime Minister Benjamin Netanyahu stated that overthrowing the Iranian government would lead to the collapse of Hezbollah and pave the way for peace with Lebanon. He likened the Iranian government to "the head of a poisonous octopus," arguing that if the head is severed, the entire creature will fall, and Hezbollah will naturally perish. Netanyahu added that Israel has effectively destroyed major terrorist infrastructure, but as long as the Iranian government exists, even if defeated or damaged, it will still attempt to repeat its efforts from a year ago to produce nuclear bombs and rebuild the "axis." He emphasized that Israel will also achieve peace with Lebanon, but only if the Iranian regime is eliminated.
00:32
Canadian Dollar Hits Nearly One-Month High After Alberta Voters Reject Separation from Canada
00:29
Yemeni Government Forces Repel Houthi Attack in Taiz Province
Yemeni government forces announced they repelled Houthi attacks in several areas of Taiz province, including al-Shaqab, al-Masrakh, and al-Aqroud in the south, and Jabal Han and al-Dabab in the west. Government forces stated that their warplanes struck Houthi forces and equipment, inflicting heavy casualties.
00:29
Bitcoin price spikes to $83.3K, boosted by US stocks' Q3 earnings
The surge was driven by strong US corporate Q3 earnings reports, which also boosted stock markets. Bitcoin hit $83,300 before reversing at a 21-day trend line, while oil prices fell.
00:27
Ripple's stablecoin, RLUSD, has been listed for the first time on Inveo Kripto, a Turkish bank-custodied crypto platform.
Ripple's USD-pegged stablecoin, RLUSD, has launched on Inveo Kripto, a major bank-custodied crypto asset platform in Turkey, marking the stablecoin's debut in the Turkish market. RLUSD is now available for trading to both retail and institutional investors in the country via Inveo Kripto's mobile app, web platform, and over-the-counter (OTC) services.
00:26
Wells Fargo's sentiment indicator has flashed a "buy" signal for the first time since June 2026, suggesting that U.S. equities have fallen to attractive levels.
Wells Fargo's sentiment indicator has flashed a "buy" signal for the first time since June 2026, suggesting that U.S. equities have fallen to attractive levels after concerns about artificial intelligence and high oil prices previously led to declines.
00:26
Canada's budget watchdog says Carney used oil windfall for tax write-off
Canada’s budget watchdog stated that new federal measures, including a major tax incentive for businesses, have more than offset a surge in revenues driven largely by higher energy prices.
00:25
OKX launches new protection program OKX Shield in the US, which former New York Governor Andrew Cuomo calls a sign of trust.
00:22
U.S. Central Command denies claims of Iranian oil tanker hitting a mine, states 95% of vessels in Strait of Hormuz are transiting normally.
A spokesperson for U.S. Central Command (CENTCOM) stated that Iran's claim of two oil tankers striking mines in the Strait of Hormuz is "false," noting that the U.S. has cleared mines from the international shipping lanes in the strait. The spokesperson said the Strait of Hormuz remains open for maritime traffic, with 95% of vessels successfully transiting. The spokesperson also stated that Iran is engaging in aggressive acts using missiles and drones, and the attacks on shipping demonstrate the "desperation" of the Islamic Revolutionary Guard Corps in the face of a blockade.
00:22
A top commodities brokerage is preparing to launch futures contracts tied to the cost of leasing AI computing power, a move that awaits regulatory approval.
00:19
French debt risks and AI-related financial concerns are driving investors towards ultra-long Japanese government bonds, with the 20-year JGB auction seeing a record bid-to-cover ratio.
00:17
Gemini Crypto Exchange Stock Hits Record Low of $3.215 on Monday, Down 89% Since IPO
Gemini Crypto Exchange Stock Hits Record Low of $3.215 on Monday, Down 89% Since IPO. The company's IPO was offered at $28. For the first half of 2026, Gemini reported revenue of $95.7 million and a comprehensive loss of $216.8 million.
00:15
US Treasury Secretary Bessent: 'Panic setting in' in Iran as 'Operation Outcast' hammers economy, inflation over 100%
US Treasury Secretary Scott Bessent stated that US economic pressure against Iran, dubbed “Operation Outcast,” is severely weakening its economy, which he predicts will soon go “non-linear.” Bessent noted that Iran's inflation is over 100% and its economy could see a double-digit decline, adding that “panic is starting to set in” among Iranian officials.
00:08
Turkish home appliance maker Vestel has proposed that holders of its 2029 bonds accept a 45% discount or extend the debt for six years as part of a restructuring.
00:06
Russian Foreign Minister Lavrov on Monday pledged support for Iran in Tehran, with analysts suggesting that the US-Iran conflict has driven up oil prices, bringing Russia an estimated $9 billion in additional oil tax revenue.
Russian Foreign Minister Sergei Lavrov pledged Moscow's support for Iran during his meeting with Iranian President Pezeshkian and Foreign Minister Aragchi in Tehran on Monday. Aragchi posted on X on Tuesday that cooperation between Iran and Russia has reached an all-time high. Analysts point out that the war launched by the US and Israel against Iran on February 28 has driven up oil prices, bringing a windfall to Russia, with its largest oil tax revenue doubling to approximately $9 billion by April. Washington has eased sanctions on Russian energy to lower fuel costs, and President Donald Trump also suspended newly passed sanctions on Russia and its oil and gas buyers last Friday. Furthermore, Putin and Pezeshkian signed a 20-year comprehensive strategic partnership treaty in January 2025.
00:05
Starknet Foundation Launches Bramble Wallet
The new Chrome-only wallet features STRK20 shielding, private balances, Ledger signing, multisig accounts, and a recovery phrase for backup.
00:05
Mastercard opens early access to its AI agent payment service, Agent Pay for Machines, following pilots with Coinbase, Base, Cloudflare and other partners.
Mastercard has opened early access to its Agent Pay for Machines service, which supports spending controls and payments via cards, bank accounts, and stablecoins. Coinbase and Base handle the crypto side, utilizing the Coinbase-incubated x402 protocol for blockchain-based payments. The project remains in a pilot stage and is not yet commercially available.
00:02
Lebanese and Israeli military delegations hold US-brokered talks in Florida to discuss Israeli withdrawal from southern Lebanon
The closed-door discussions, brokered by the US, will focus on the security dimension of their June agreement, particularly Israel's withdrawal from parts of southern Lebanon. The talks are split into political and military tracks, with the military track lasting at least two days. Lebanon demands Israel stop strikes and respect "pilot zones," while Israel accuses the Lebanese army of failing to disarm Hezbollah.
10/20
23:58
Elon Musk donates $158 million to Ken Paxton's Texas Senate campaign; Paxton still trails opponent James Talarico by 26 points on Kalshi prediction market (37% vs 63%).
23:58
FTSE Russell is considering raising the cap on growth stocks' weighting in its indices to 60% to address the increasing market dominance of tech giants.

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