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A White House letter dated July 9 says President Donald Trump sought Democratic candidates for Securities and Exchange Commission (SEC) vacancies before Senate Democrats accused the administration of leaving bipartisan seats open across independent agencies. White House Rejects the Charge of Empty Democratic Seats The White House pushed back against Senate Democrats’ criticism, arguing that … Read more
Elon Musk said SpaceX could one day be worth more than the rest of Earth if the company achieves its goals, shifting a debate over a reported Anthropic, xAI, and SpaceX deal toward the company’s long-term ambitions. Why Did Musk Defend SpaceX’s Scale Against AI Deal Criticism? SpaceX CEO Elon Musk responded after X user … Read more
U.S. Senator Ron Wyden urged Senate leaders to preserve legal protections for non-custodial blockchain developers in the Digital Asset Market Clarity Act, drawing crypto policy support while leaving his final vote on the bill uncertain. Why Is Wyden Pushing to Preserve Developer Protections? U.S. Senator Ron Wyden (D-OR) sent a letter on July 8 to … Read more
Strategy raised the dividend on its flagship preferred stock to 12% in late June, but the security is still changing hands well below the $100 price the company says it wants investors to see. STRC, Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, traded in the mid-to-high $80s this week, with some sessions dipping … Read more
British airline Jet2 reported a $536 million balance sheet windfall for the fiscal year ending March 31, defying broader industry panic over Middle East geopolitical instability. Sector Resilience Amid Fuel Volatility British airline and package holiday provider Jet2 defied intense geopolitical instability and travel sector panic triggered by the Middle East war by reporting a … Read more
This week, Strategy founder and bitcoin bull Michael Saylor turned to X to argue that Bitcoin has “no spam problem,” pointing to persistently low network fees as evidence for his position. Saylor’s remarks arrive amid an increasingly heated debate within the Bitcoin community over BIP-110, a proposed soft fork designed to limit non-monetary data recorded … Read more
$MSTR just sold 3,588 BTC and many are calling it the top. But this only represents 0.42% of their total Bitcoin holdings, while the remaining stack is still worth about 179% of the company’s market cap. Panic selling or smart capital management? The following guest post comes from Ziven.io, a public markets intelligence platform delivering … Read more
As the Esports World Cup opens in Paris with the largest prize pool in the sport’s history, France’s national gambling authority has reminded fans that wagering on any of it is illegal. No licensed operator may take an esports bet in the country, and every site that offers one is unlawful – a stance the … Read more
Flexa has expanded its regulated payments platform across Europe, allowing merchants, institutions, and developers throughout the Single Euro Payments Area (SEPA) to accept crypto payments and process payouts. The expansion adds 37 countries and territories with euro settlement through SEPA. How Does Flexa’s European Expansion Change Digital Asset Payments? Flexa’s European expansion, announced July 8, … Read more
A federal court has allowed Tennessee’s ban on cryptocurrency ATMs to take effect while a constitutional lawsuit continues, giving the state an early legal win in its anti-fraud push. Why Did Tennessee’s Cryptocurrency ATM Ban Survive Its First Legal Test? A federal court declined to halt Tennessee’s cryptocurrency ATM ban before it took effect, Attorney … Read more