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US-Canada trade talks collapse over last-minute US demands, Canada vows tariff retaliation

Market News
22 Aug 2026
Fox Business
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Bearish
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Trade negotiations between the US and Canada collapsed after the US introduced last-minute demands restricting Canada's trade deals with other countries. Canadian Prime Minister Mark Carney called it a 'power play' threatening Canadian sovereignty. The US imposed 50% tariffs on $28 billion of Canadian goods, prompting Canada to announce dollar-for-dollar retaliation targeting sectors like steel, dairy, and electronics starting September 8. The breakdown follows disagreements on autos, cultural protections, and tariff levels, with both sides blaming each other for the failed deal.

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Whale sells $576M in Bitcoin as BTC nears $80K amid strong weekly rally

Whale sells $576M in Bitcoin as BTC nears $80K amid strong weekly rally

A mystery whale sold 7,700 BTC worth about $576.6 million over three days as Bitcoin approached $80,000, marking its strongest weekly rally since 2024. This selling follows a recent accumulation of 43,000 BTC by large holders, which helped fuel the r...

Market News
Neutral
4 hours ago
The Sandbox hacked for $718M via cross-chain exploit minting 14.9B unbacked SAND tokens

The Sandbox hacked for $718M via cross-chain exploit minting 14.9B unbacked SAND tokens

The Sandbox suffered a major security breach when an attacker exploited its cross-chain bridge on Base and BNB Smart Chain, minting 14.9 billion unbacked SAND tokens worth about $718 million. The vulnerability was isolated to the SAND Omnichain Fungi...

Market News
Bearish
4 hours ago
Alnylam cuts 2026 sales forecast, stock plunges over 28% after weak Q2 results

Alnylam cuts 2026 sales forecast, stock plunges over 28% after weak Q2 results

Alnylam Pharmaceuticals lowered its full-year 2026 sales guidance by about $200 million due to slower-than-expected growth in its TTR product after initial launch demand normalized. This announcement followed the company’s disappointing second quarte...

Market News
Bearish
4 hours ago
Bitcoin and Ether ETFs see $3B inflows, biggest weekly gain since Oct 2025

Bitcoin and Ether ETFs see $3B inflows, biggest weekly gain since Oct 2025

US spot Bitcoin and Ether ETFs experienced a strong rebound with $2.6 billion in net inflows for the week ending August 21, 2026, marking their best weekly performance since October 2025. Bitcoin ETFs led the surge, attracting nearly $1.9 billion and...

Market News
Bullish
4 hours ago
NASDAQ 100 ETF sees $11B outflow in August, far exceeding Bitcoin ETF inflows

NASDAQ 100 ETF sees $11B outflow in August, far exceeding Bitcoin ETF inflows

In August 2026, the Invesco QQQ Trust, a major NASDAQ 100 ETF, experienced a significant net outflow of approximately $10.9 billion, including a record single-day withdrawal of $5.71 billion. In contrast, Bitcoin ETFs saw about $1.92 billion in net i...

Market News
Neutral
4 hours ago
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