A durian glut in Malaysia, driven by a decade-long farming boom and increased Chinese demand, has led to drastically reduced prices and farmers giving away fruit. While consumers benefit from discounts and freebies, farmers face financial strain due to oversupply and inconsistent quality.
India's state-owned oil marketing companies (OMCs) are expected to see improved profitability due to lower crude oil prices, boosting fuel marketing margins, despite concerns over rising debt and uncertain fuel tax policies, according to a JP Morgan report.
Ether (ETH) price is struggling to reclaim $1,700 due to bearish ETH futures trends and spot ETF outflows, signaling weak institutional appetite. However, strong demand for ETH staking and falling exchange deposits indicate holder confidence in its long-term value, preventing further price declines.
Bitcoin has seen significant corrections following Bank of Japan interest rate hikes since 2024. While the yen carry trade dynamic is weakening, whale activity and exchange inflows suggest immediate downward pressure on BTC.
Ether (ETH) hits 13-month low at $1,540 amid bearish derivatives metrics and fears over a critical Zcash bug, triggering $1.28B in ETH long liquidations and a contraction in Ethereum TVL.
Vitalik Buterin proposes a new DeFi architecture using synthetic, index-tracking assets based on options, aiming to remove automatic liquidation triggers. This approach replaces sudden forced closures with a slower risk of exposure drift, potentially mitigating market stress amplified by liquidations during price crashes.
Bitcoin briefly plummeted to about 2 cents on Revolut due to what the financial platform described as a third-party service disruption.
