Senate Fails To Advance Bill To Halt Trump’s War on Iran

Bitcoin Perps' Algorithmic '0.01%' Scythe: How The Funding-Rate Mechanism Explains Your "Mystery" Liquidations Authored by danny (@agintender) via WuBlockchain's Aki Chen, Why is derivatives trading the exchange’s money printer? Why do some venues dare to take the other side of their customers’ trades? By unpacking the funding-rate mechanics of Bitcoin perpetual futures (perps) and the surrounding market dynamics, we show how traders are led—step by step—into a fatal trap meticulously engineered by the exchange. The so-called “0.01% equilibrium” in perps - akin, in spirit, to the 0.618 Fibonacci motif - operates as a...

"Shockingly Bad" Chinese Econ Data Stuns Wall Street, Sparks Hard Landing Concerns Confirming our Sunday preview, overnight China reported growth data which slowed across the board in April with investment resuming declines, retail sales missing sales and growing at the weakest rate in 4 years while industrial production rose at the slowest pace in three years, calling into question Beijing's reluctance to add stimulus to the economy as a global energy crisis hits factories and consumers across the world. China's Monday data dump of official data on Monday painted a picture of...