Canada Just Unleashed Its Fastest-Growing Oil Boom In A Decade

CLARITY Act Failure Could Send Crypto Valuations Lower: Bernstein Authored by Zoltan Vardai via CoinTelegraph.com, The odds of the Digital Asset Market Clarity Act’s (CLARITY) passage are dwindling as the US Senate is scheduled to begin summer recess at the end of this week, threatening another leg down for cryptocurrency valuations, according to wealth manager Bernstein. Bernstein said that the Senate’s failure to pass the legislation could trigger an immediate negative “industry knee-jerk reaction,” which may result in another leg down for Bitcoin and the broader crypto market. “From a tactical standpoint, we...

These Are The Biggest Players In The $13.5 Trillion Repo Market: How Hedge Fund "Basis Trades" & Money Market Funds Fit In Authored by Wolf Richter via Wolf Street, The size of the repo market has ballooned to over $13.5 trillion in outstanding agreements daily, according to the government's Office of Financial Research (OFR). Via the repo market, financial institutions borrow from, and lend to, each other mostly overnight, but also for longer periods, such as for one week, secured by high-quality liquid collateral with a "haircut." About 70% of repos are...

The Israeli military has killed at least 713 Palestinians in Gaza since the signing of the US-backed “ceasefire” deal in early October, Gaza’s Health Ministry said in its daily update on Thursday, as Israeli attacks continue across the Strip in violation of the agreement. “A number of victims are still under the rubble and in […]