General News

FIFA agrees sharply lower China broadcast fee for 2026 World Cup

FIFA has sold mainland China broadcasting rights for the 2026 North American World Cup to China Media Group (CMG) for about $60 million, a report said. The figure is less than half of what FIFA had expected in early talks, which were said to be $250 million to $300 million. The deal also includes rights for FIFA tournaments in 2027, 2030 and 2031, covering free-to-air TV, streaming and mobile platforms, including 4K and 8K.

Crypto

Ethereum wobbles at $2,200 as large short bet meets whale buying

A whale wallet has built a $50.55 million, 25-times leveraged short position in ether, heightening market tension as ether trades near levels that would pressure the bet. The wallet also holds a leveraged bitcoin long position. Other large holders have increased ether longs, while another wallet linked to World Liberty Financial sold ether for USD coin. Addresses tied to a possible fund deposited ether to Binance, adding to selling pressure. Attention is on whether ether holds $2,200.