Conagra Brands Inc sign and logo by- jetcityimage via iStock With a market cap of $6.3 billion, Conagra Brands, Inc. (CAG) is a leading consumer packaged goods food company that operates primarily in the United States through its Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. It offers a diverse portfolio of branded food…
Bitcoin’s emerging digital-credit trade broke below its promise of calm this week. This week, Strategy’s STRC preferred shares fell as low as $82.50 before rebounding, while Strive’s SATA slid from around par into the low $90s and also recovered. Both products had been sold into the market as income instruments built around Bitcoin treasury companies,…
Key takeaways: Puts (sell) options dominate the June 26 expiry with net advantages of $1B to $3.4B, leaving bulls exposed. Despite Strategy buying BTC again, heavy call (buy) positioning above $72,000 will likely reinforce bearish momentum. $13 billion in Bitcoin (BTC) options open interest is set to expire on June 26, potentially giving bears fresh…
Bitcoin price is butchered as a wave of state-level regulatory pressure lands on a market prediction that is grinding through consolidation. Illinois just became the first U.S. state to impose a direct transaction-level tax on digital assets. What makes it even worse is the law’s structure. The full implications for exchange operations and user behavior…
Key Takeaways A dramatic interstate crypto heist has ended with two Texas brothers admitting their roles in an armed robbery that targeted a Minnesota family. Prosecutors said the victims were zip-tied, held at gunpoint for hours, and forced to hand over access to millions of dollars in cryptocurrency. The brothers agreed to pay more than…
Real Finance launches REAL Competition for the $ASSET ecosystem. Users can earn points by trading, staking and holding $ASSET. A $3400 raffle pool gives more community members a chance to win. Real Finance has launched the REAL Competition, a community rewards campaign aimed at increasing participation across the $ASSET ecosystem. The Sofia-based company said the…
In brief Amazon has pulled its nearly finished Sam Altman film “Artificial” from its release schedule and is now shopping it to other distributors. The Andrew Garfield-starring film reportedly portrays Altman unflatteringly, and Amazon’s decision comes following a $50 billion investment into the AI giant. CAA is now screening the film for potential new distributors,…
Franklin Resources, Inc_ franklin-by luril Garmash via iStock Franklin Resources, Inc. (BEN) is a global investment management company offering equity, fixed income, multi-asset, and alternative strategies through specialist investment managers. It serves retail, institutional, and high-net-worth clients via mutual funds, ETFs, and digital-asset products. The company is headquartered in San Mateo, California. The company has a market capitalization of…
The CFTC approved KalshiEX’s BTCPERP contract on May 29, one day after Kalshi submitted it under Regulation 40.3. The contract references spot Bitcoin, carries no expiry date, and perps generally allow leverage as high as 50-to-1, with automatic liquidation that can wipe out positions during sharp moves. CME CEO Terry Duffy announced the company would…
Today in crypto, Sonic Labs’ leadership upheaval, which saw three directors step down and the appointment of a new CEO and chief operating officer, saw the S token slide 5%. In Europe, there are new questions about whether the European Central Bank has played a role in Binance’s MiCA license woes. In the US, Franklin…
