Key Events This Week: CPI, PPI, Retail Sales, Trump-Xi Summit

President Donald Trump wrote on Truth Social that he had planned to restart the war against Iran on Tuesday, but called off the strikes after requests from Washington’s Gulf Arab allies.  “I have been asked by the Emir of Qatar, Tamim bin Hamad Al Thani, the Crown Prince of Saudi Arabia, Mohammed bin Salman Al […]

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...

Exelon "High Probability" Data Center Load Falls 40% By Ethan Howland, senior reporter at UtilityDive Exelon’s “high probability” data center load fell nearly 40%, to about 11 GW, in the second quarter from 18 GW at the end of last year, the Chicago-based utility company said Thursday. The decline comes as Exelon utilities have been entering into “transmission security agreements” with potential data center customers, it said. The TSAs include provisions designed to protect existing ratepayers from data center-related costs such as credit obligations, committed revenue contributions and shortfall payments. “What this update reflects...