Today's Opening Belle is brought to you by our partners Eqonex & Utrust

EQONEX: Institutional-grade crypto exchange, built to support and enhance crypto adoption.

Utrust: Accept payments in Bitcoin, Ethereum, and major digital currencies

Back in June, we touched on the incredible possibilities for mRNA technology beyond vaccines. 👇

Who wants to live forever?
The one about a podcast on synthetic biology that blew my mind... The software of life and infinite possibilities...

Now they're moving on to cancer therapies, and this early trial (on mice) is incredibly encouraging...

BioNTech mRNA Cancer Treatment Moved To Human Trials After Huge Success In Mice
Following the explosive success of mRNA vaccines against COVID-19, BioNTech is turning its attention to cancer. Their new treatment, using similar technolo

Once again, it's the ability to specifically target and transmit a 'code' to a specific area that is yielding results...

Researchers tried to target the cytokines directly to the tumors using viral vectors, but this led to genetic issues and interference from the immune system that was undesirable. If only there was a safe way to stimulate the body into creating these cytokines at the desired place, preventing an overload of cytokines that travel throughout the body and cause problems.
Enter, mRNA therapies.
By inserting a cocktail of mRNA that encodes cytokines directly into the tumor, the body creates those cytokines in large quantities, ready to fend off the rapidly-growing mass of cancer cells. When BioNTech, in collaboration with Sanofi, tried this on 20 mice with melanomas, 17 mice produced enough cytokines to effectively shrink the tumors to nothing within 40 days.
When it was used on mice with two different types of tumors (melanomas and lung cancer), the therapy injected into the melanomas worked to shrink them, but also traveled off-site and inhibited the growth of lung tumors as well. The experiments suggest that the new therapy may be potent against targeted tumors and any secondary tumors that may result from it disseminating.
As stated above, cytokine therapies often have undesirable effects. However, this treatment left the mice with no observable adverse effects.

Human trials are already underway, and there are dozens of mRNA cancer treatments in development at BioNTech...

The history of mRNA stretches back to 1990, when Hungarian biochemist Katalin Karikó was constantly seeing her grant applications rejected...

In 1995 she was demoted at the University of Pennsylvania.

Now she's a senior vice president at BioNTech...

Fair to say some enthusiasm is already built into the price, but it's well off the August high at 391.50.

Keep an eye on the trial publication dates. Successful human trials would be a genuine medical breakthrough...

Sponsored: Do you even trade, bro? Eqonex are offering $50,000 of BTC prizes for the top 10 traders... Check it out! 👇

Buy the Rumour, Sell the Fact was in play again yesterday....

At hyperspeed!

Walmart announced a partnership with Litecoin, which turned out to be a complete hoax...

A one hour round trip from 175 to 237 and back again.

Even before it was confirmed as a hoax, there was a lot of head-scratching...

"Why TF would Walmart partner with Litecoin?"

It didn't make any sense. Didn't pass the first sniff test...

This is where Twitter is such a fantastic tool... 👇

It was a big feat, and there were two huge red flags...

What happened to the fact checkers in the big news orgs?

Auto-pilot & a rush to be first are the likely culprits.

Speed will be sacrificed for accuracy time and again.

Profit opportunities will be created for those that know their market.

Or chase the fast moves without knowing the context and get...

Sponsored: Easily receive crypto payments with Utrust 👇👇👇


Evergrande 'on the brink' is now common knowledge, BUT this will take time to play out...

Long-time readers know we've been banging on about Evergrande for a couple of years now. ICYMI, this was the deepest dive 👇

What’s up with China’s property market?
Evergrande, the real estate darling of China. At first glance, it appears like a straight-A student. However, it would take a prudent investor just five minutes of legwork to reveal that this company is, in fact, a troubled child.

There seems to be an assumption that everything will be fine.

The CCP will wave their magic wand and bailout the company to fix everything.

They won't.

Something of this scale doesn't just disappear.

Beware of anyone telling you that this will blow over without a fuss...

"Oh, they're too big to fail"

So was the US banking system. It didn't fail, but the post '08 period wasn't exactly prosperous!

There is genuine systemic risk in play, and it will take many months or even years to unravel the full extent of the losses.

Macrodesiac News Channel
Explainer: How China Evergrande’s debt troubles pose a systemic risk China’s central bank highlighted in its financial stability report in 2018 that companies including Evergrande might pose systemic risks to the nation’s financial system. Evergrande’s liabilities involve more than 128 banks and o…

China's central bank highlighted in its financial stability report in 2018 that companies including Evergrande might pose systemic risks to the nation's financial system.
Evergrande's liabilities involve more than 128 banks and over 121 non-banking institutions, according to the letter Evergrande sent to the government late last year. JPMorgan estimated last week China Minsheng Bank (600016.SS) has the highest exposure to Evergrande.
Late payments could trigger cross-defaults as many financial institutions have exposure to Evergrande via direct loans and indirect holdings through different financial instruments.
In the dollar bond market, Evergrande accounts for 4% of Chinese real estate high-yields, according to DBS. Any defaults will also trigger sell-offs in the high-yield credit market.
A collapse of Evergrande will have a large impact on the job market. It has 200,000 staff and hires 3.8 million people every year for project developments.
Media reports said regulators have approved an Evergrande proposal to renegotiate payment deadlines with banks and other creditors. The Guangzhou government is also seeking opinions from Evergrande's major lenders about setting up a creditor committee.

Don't know what financial news stories are important and what is complete bullsh*t? Hop onto our filtered news channel.

It's completely free 👇👇👇

Macrodesiac News Channel
You can view and join @MacrodesiacNews right away.

And if you really want to get to grips with how global markets and economics work, with trade ideas to give you actionable context, then come and join us as a premium member where you're likely going to get a nice Market IQ boost. 👇

Join Macrodesiac - Level Up Your Market IQ
Free Daily News & Market Commentary.No Jargon - Just Macro In Plain English -Go Premium!

Check out our reviews on TrustPilot 👇👇👇

Macrodesiac is rated “Excellent” with 4.4 / 5 on Trustpilot
Do you agree with Macrodesiac ’s TrustScore? Voice your opinion today and hear what 65 customers have already said.