Boeing (BA) Stock: Gains as Turkish Airlines Orders 150 MAX Jets

TLDRBoeing stock gains 0.91% as Turkish Airlines places a major 737 MAX order.Turkish Airlines buys 100 737-8 jets and secures options for 50 more MAX jets.The deal becomes Turkish Airlines largest Boeing single-aisle aircraft order.The agreement includes rights to switch future deliveries to Boeings 737-10.The MAX order follows Turkish Airlines 2025 deal for up to 75 Dreamliners.  Boeing shares gained Wednesday after Turkish Airlines finalized a major order for up to 150 737 MAX aircraft. BA traded at $199.52, up 0.91%, after briefly climbing above $201 during the session. The agreement strengthens Boeing‘s commercial backlog while supporting Turkish Airlines’ long-term fleet expansion.  The Boeing Company, BA  Turkish Airlines Places Major 737 MAX Order  Turkish Airlines purchased 100 Boeing 737-8 aircraft and secured options for another 50 MAX jets. The agreement represents the carriers largest single-aisle aircraft order from Boeing. Turkish Airlines completed the deal after discussions between both companies started during 2025.  Discover more  News  financial  Currencies & Foreign Exchange  The agreement also gives Turkish Airlines substitution rights for Boeing‘s larger 737-10 model. Therefore, the carrier can adjust future deliveries as passenger demand and route requirements change. Boeing designed the 737-10 to carry more passengers while maintaining the MAX family’s operating characteristics.  Turkish Airlines plans to use the new aircraft

23 hours agoIndustry

US stablecoin adoption could surge with bank-like protections: Visa survey

Visa released the results of a survey signaling that bank-level fraud protection and insurance could drive adoption in stablecoins for cross-border transactions among US users.  In a survey of 2,192 US-based customers published on Wednesday, Visa said that the “adoption intention” of stablecoins among US users could climb from 36% to 56% “in a hypothetical scenario with bank-level fraud protection and deposit insurance.” The findings conducted by Morning Consult between February and March showed that Americans who were asked about financial terms like stablecoins were looking for faster and cheaper methods to send money abroad.  “Nearly two-thirds (64%) [of respondents] say trust depends more on who offers a payment method than on the tech itself,” said Visa. “Willingness to use stablecoins rises from 36% to 45% when offered through an existing financial provider.”  The survey posited bank-like protections for stablecoin issuers in the US at a time when companies are preparing for the enactment of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The bill awaits finalized rules from key US financial agencies ahead of its effective date, expected in January 2027.  Related: Stablecoin cross-border flows surge 78%, defying crypto bear market   Unlike products from traditional financial institutions like banks, stablecoins

Yesterday 04:23Industry

Bitcoin bull market hinges on $85K support and fresh buying: Bitfinex analysts

Bitcoin has held a dense $85,000–$86,500 buyer cost range after reaching $87,392, but Bitfinex analysts have said continued ETF and corporate purchases are needed to confirm a new bull market.  SummaryBitcoin reached its highest price since Jan. 29 before pulling back toward a major buyer cost range.Bitfinex said U.S. spot Bitcoin ETFs drew $1.71 billion across Sep. 21 and 22.The analysts want profitable supply to stay above 75% during Bitcoins first correction.ETF investors are near break-even at $86,000, while corporate buyers average cost is about $80,500.  Bitfinex Alpha said in its Sep. 23 report that Bitcoins advance from its July 1 low of $57,803 has reached a test that separated lasting bull markets from failed recoveries in previous cycles. The analysts have identified the $85,000–$86,500 range as the largest concentration of recent buyer cost bases. Holding that area would show that buyers who entered during the rally are willing to keep their positions through a pullback.  Why Bitcoins $85K buyer range matters  According to Bitfinex, about 633,000 BTC last changed hands between $85,000 and $86,500, creating the largest cost range in its price distribution data. Buyers also moved roughly 2.95 million BTC into profit over four trading sessions as Bitcoin climbed. The amount of

Yesterday 04:11Industry

KITE hits a monthly high of $0.14 - Now it faces a critical test

Kite [KITE] is on the verge of clearing all recent losses amid a sector-wide rally. Since falling to a low of $0.09 and reclaiming $0.10, the altcoin has closed with higher highs.  As a result, it held the $0.11 support, breached $0.13 resistance, and climbed to $0.14 before retracing.  As of this writing, KITE was trading around $0.13, up 8% on the daily charts. Over the same window, the trading volume jumped 106% to $44 million, indicating higher market activity.  Momentum to the upside holds firm  With the price hike, KITE flipped the 20-day EMA. The flip suggests the likelihood of a sustained trend reversal, especially since the altcoin has been on a prolonged downtrend.  Source: TradingView  At the same time, its Normalized Smoothed MACD formed a bullish crossover and rose to -0.38.  However, the NSM remains within the negative zone, suggesting that the trend has yet to fully flip bullish. As such, while it has experienced a shift in demand-side activity, the sell-side activity is still extremely elevated.  Sentiment remains risk-off  Interestingly, although KITE is showing upside momentum, sellers are still dominating the market. On the derivatives side, traders have shown no appetite for risk.  Source: Coinalyze  In fact, KITE saw over 18.3 million in perpetuals sell volume compared to

Yesterday 04:06Industry

CFTC Chair Is Preparing For 'On-Chain' Markets

Commodity Futures Trading Commission Chair Mike Selig has said that the regulator was preparing for the transition of markets moving “24-7, on-chain.”  Speaking to CNBC on Wednesday, the regulator said that it was an exciting time to be regulating markets related to crypto and artificial intelligence.  The CFTC is fast pushing ahead with rulemaking for the crypto space, despite lawmakers last week blocking the long-awaited Clarity Act. Following the vote on the landmark crypto legislation, Selig said that the watchdog would still help U.S. President Trump “get the job done” in regulating digital assets.  Discover more  Enterprise blockchain solutions  FINANCE  Research Municipal Bonds  “Our markets are rapidly evolving,” Selig said. “We really have to reevaluate all of our rules and regulations to make sure that were ready and prepared for this transition to 24-7 on-chain and these automated markets that are facilitated through the use of algorithms and agentic finance.”  The Clarity Act wants to formally divide oversight between regulators, distinguishing which digital assets are securities, commodities or stablecoins.  But the bill stalled and stumbled this year as the banking lobby had issues with crypto companies paying customers stablecoin rewards and some lawmakers — mostly Democrats — were concerned about the ethics side of the legislation.  Trump received backing from

Yesterday 03:59Industry

Bank reserves and Bitcoin: Treasury repo proposal explained

At a New York Fed conference on Sept. 22, Treasury officials and market participants discussed whether the government should lend excess cash into the overnight repo market, which finances Treasury trades. Such a move could raise bank reserves. Treasury announced no repo-lending program, amount or timetable at the conference, and any benefit for Bitcoin would be indirect.  Reuters reported that several private-sector panelists welcomed the idea. The Treasury Borrowing Advisory Committee had considered it in May and urged further study. For now, the discussion is about how Treasury might manage its cash, rather than an operating program.  How a Treasury repo investment would work  The Treasury General Account, or TGA, holds government operating cash at the Federal Reserve. In a May presentation, the advisory committee modeled what would happen if Treasury lent some of that cash overnight against Treasury securities. Money would leave the TGA, while bank reserves, the balances banks hold at the Fed, would rise. Treasury would earn a repo rate, and the Fed would pay interest on the additional reserves.  The two public institutions have to be considered together. Treasurys interest earnings alone would not be the full government benefit, because additional reserves also bring an interest cost at the Fed.

Yesterday 03:54Industry

FBI‘s ’Operation Blackout Dismantles Global Crypto Scam Network

The FBI executed Operation Blackout to dismantle an international fraud machine.FBI seized $15B in assets and crypto, shut down 500+ fake investment sites, and freed workers.Operation Blackout spanned Southeast Asia, the Middle East, and Africa.  The FBI has announced a successful “Operation Blackout,” dismantling an international fraud machine targeting Americans from different parts of the world. The agency said it neutralized a criminal unit that built fortified compounds, trafficked human beings, and forced slave labor.  Details of the operation include seizing over $15 billion in assets and crypto, shutting down over 500 fake investment websites, arresting hundreds of individuals, and freeing thousands of trafficked workers. The FBI also claimed it alerted over 10,000 Americans targeted by the criminals, saving over $500 million in potential losses, and coordinating with over 20 countries in the fight against cybercriminals.  The Scope of “Operation Blackout”  Operation Blackout spanned Southeast Asia, the Middle East, and Africa, acting as an umbrella enterprise targeting industrial-scale, fortified scam compounds that weaponize human trafficking and forced labor to defraud thousands of citizens worldwide. It coordinated multiple intercontinental task forces, including Operation Zephyr Exodus, which took down Prince Holding Group in Cambodia, leading to the seizure of 127,000 BTC valued at roughly $8 billion

Yesterday 03:51Industry

Russia Shifts Stablecoin Freeze Risk Onto Investors

Russia shifts foreign stablecoin freeze risks to investors as new crypto rules expand reporting, testing, and oversight across the digital asset market.  Russia estimates 20 million crypto users hold RUB 3.7 trillion, while new rules expand oversight of digital asset activity. Under the new Russian cryptocurrency legislation, the country will impose penalties on investors for freezing foreign stablecoins. Deputy Finance Minister Ivan Chebeskov said the country has about 20 million crypto users.  According to TASS, Russian citizens hold roughly RUB 3.7 trillion ($44 billion) in cryptocurrency and related products. Meanwhile, daily cryptocurrency transactions total about RUB 50 billion ($595 million).  Russia Expands Cryptocurrency Reporting Requirements  Russian tax residents are required to declare transactions with cryptocurrencies that are not part of the regulated system, Chebeskov said. The requirement will also be applicable to transactions with addresses that are not controlled by Russian digital depositories.  Moreover, foreign issuers may also make foreign stablecoins like USDT or USDC unstable, which can result in investors losing their assets. These losses would not necessarily fall on a Russian depository.  Discover more  Crypto trading course  Enterprise blockchain solutions  Blockchain consulting services  Related reading:Hong Kong Expands Stablecoin Settlement for Funds  According to the rules adopted, Russian depositories continue to record, store and transfer digital assets. They need to

Yesterday 03:50Industry

Senate Banking Democrats Call for Public Prediction Markets Hearing as Republicans Meet With Kalshi

All Democratic senators on the Banking Committee have written a joint letter to the Committee‘s Chair, Senator Tim Scott, requesting a public hearing on prediction markets. This comes amid the meeting that Republicans reportedly held with Kalshi’s CEO today as part of a roundtable session on prediction markets.  Ad  Ad  Senate Banking Democrats Call For Public Prediction Markets Hearing  In a letter addressed to Senator Tim Scott, the Democrats led by ranking member Senator Elizabeth Warren requested that the Senate Banking Committee hold a public hearing on prediction markets. They further cited reports that Senator Scott had planned a roundtable session on these markets with only Republican members of the Committee.  “The reports claim that executives from Kalshi will be in attendance. It is important for the Senate Banking Committee to hold a public hearing about how these markets are impacting consumers and our financial system,” the letter read. The meeting, which Punchbowl first reported on last week, reportedly took place today between Republicans and Kalshi CEO Tarek Mansour, according to the Block.  Discover more  News  Crypto wallet review  Ethereum staking service  Commenting on the need for the public hearing, Democrats highlighted how security-based prediction markets have become a growing segment of the financial sector to which both retail and

Yesterday 03:47Industry

Kalshi says it is not being investigated by the CFTC over trading activity

The activity had already drawn attention from Beni, a co-founder of research firm Stealth Neolab, who said Kalshi‘s ether perpetual recorded about $539 million in 24-hour volume against just $3.1 million in open interest. He later found that trades of exactly $5,500 made up 48% to 58% of notional volume on four days in September. Beni said the figures came from Kalshi’s public API.  Diana said the patterns can be explained by Kalshis liquidity incentive program, which rewards participants for providing liquidity.  Discover more  Blockchain consulting services  FINANCE  Financial technology news  “We send our data every day to them [the CFTC], and its not that weird for them to sort of review our data on the regular,” Diana said in an interview.  The CFTC had not returned a request for comment sent Tuesday.  The scrutiny comes as prediction markets have grown rapidly, drawing more attention to how platforms report trading volume and police activity between participants. Liquidity incentive programs typically reward market participants for providing orders, helping create markets where other customers can buy or sell.  Kalshi said such incentives explain trading patterns that have attracted attention, including bursts of similarly sized trades.  Asked about protections against wash trading and self-trading, Diana said Kalshi has “tons of tools” and a

Yesterday 03:38Industry
1
...
79
...
1000