ELIZA BLEU AND THE PERPETUAL TRAUMA MACHINE—PART 2

Circle Plunges Most Ever On Stablecoin Legislation, As Tether Prepares Full Audit Circle Internet Group, the issuer of the USDC stablecoin, plunged the most on record as investors reacted to potential stablecoin regulation changes that could make the firm’s cryptocurrency less attractive to large holders, as it would be stripped of interest payments. Concerns that a competitor is readying a move into the US market also hurt Circle’s share price. The stock declined as much as 22%, its steepest intraday drop ever, and leading losses across crypto-linked equities. Coinbase fell as...

US Futures Drop Ahead Of Payrolls With Most Markets Closed US equity futures dipped ahead of today's payrolls report in a holiday-shortened session, with most cash markets including US stocks closed globally for Good Friday. Sifma, the US financial markets trade association, recommended trading of dollar-denominated bonds during US hours only and a 12pm New York time stop. As of 8:15am, S&P and Nasdaq futures are down 0.2%. Bonds dipped modestly in a holiday-shortened session, the 10Y yield rising 1bp to 4.31%. The dollar was mixed against its Group-of-10 peers. ...

US Pledges $100 Million To Repair Chornobyl Nuclear Plant Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The U.S. Department of State intends to offer up to $100 million in foreign assistance toward a G7 initiative to repair the Chornobyl nuclear plant’s protective structure that was damaged in Russian strikes. A visitor touring the former Chernobyl nuclear power plant takes a photo through a window looking toward facilities that house reactors 1 and 2 near Chernobyl, Ukraine, on Sept. 29, 2015. Sean Gallup/Getty Images The plant, located in Ukraine, was the...