16h ago
Robinhood Chain launches mainnet as crypto short liquidations top $437 million in 24 hours
Robinhood Chain said its mainnet is now live and is designed for real-world assets (RWA) and AI-native applications. Solana led net capital inflows among chains with $723 million. Ondo Finance said more than 430 tokenized stocks and ETFs are now live on Uniswap across Ethereum and BNB Chain. Kraken listed seven Bittensor subnet tokens in a single rollout, and Binance said it will add services tied to The Open Network (TON).
SOL
SOL+3.66%
16h ago
16h ago
Sugar futures slide as WTI crude hits a 4.25-month low
NY raw sugar and London white sugar futures fell as WTI crude slid to a 4.25-month low, eroding ethanol economics. The move could encourage mills in Brazil and other major producers to allocate more cane to sugar rather than ethanol, lifting prospective supply. Longer-term support remains from sharply below-normal monsoon rainfall in India and the formation of El Niño, but oil-led supply expectations dominated near-term sentiment.
16h ago
16h ago
ICE cocoa futures slide as longs liquidate and stocks climb to 3,017,796 bags
ICE cocoa futures fell in both New York and London in a single session, with NY cocoa (CCU26) down 0.79% and London cocoa (CAU26) down 1.62%. The declines were driven by rising ICE inventories to 3,017,796 bags, holiday-related long liquidation ahead of a U.S. market closure, and a stronger British pound that reduced the appeal of sterling-priced cocoa. While medium-term support remains tied to West Africa weather risks, El Niño expectations and signs of weaker output, near-term supply pressure shaped sentiment.
16h ago
16h ago
IMF 2026 tokenization report cites XRP Ledger as a bank-used stablecoin network, highlighting Societe Generale’s CoinVertible
The International Monetary Fund’s (IMF) 2026 tokenization report explicitly lists XRP Ledger (XRPL) among networks banks have used to issue stablecoins, citing Societe Generale’s euro stablecoin CoinVertible as an example. The report also references a 2026 pilot involving Ondo, J.P. Morgan’s Kinexys and Mastercard that redeemed tokenized US Treasuries on XRPL with settlement in under 5 seconds. It marks the first time the IMF has named a specific public blockchain as financial infrastructure in an authoritative policy document.
XRP
XRP+3.84%
16h ago
16h ago
WTI hits a 4.25-month low as Middle East supply rebound pressures crude
WTI crude futures (CLQ26) fell 1.33% in one session to a new 4.25-month low, while RBOB gasoline futures (RBQ26) slid 2.57%. Middle East supplies have rebounded quickly, with Saudi exports at 6.3 million bpd (90% of prewar levels) and UAE June exports up 30% to more than 3.9 million bpd. OPEC+ confirmed a June output increase of 188,000 bpd, and progress in Iran talks alongside Russian exports rising to 4.13 million bpd have added to fears of a supply glut.
16h ago
17h ago
U.S. orders data centers to switch to backup power as PJM forecasts highest demand in two decades
Extreme heat in the eastern United States is pushing the PJM grid, which spans from Chicago to Virginia Beach, toward what it expects to be its highest electricity demand in 20 years on Thursday. Energy Secretary Chris Wright has told grid operators to require data centers to run on backup power if needed to relieve pressure on the system. The region’s backup generators largely run on natural gas and diesel, lifting near-term demand for gas-fired generation and highlighting PJM’s limited buildout of energy-storage batteries.
17h ago