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  • BlackRock’s Bitcoin ETF rapidly climbs to third in revenue, nears top spot
    by Assad Jafri on July 3, 2025 at 9:45 pm

    BlackRock’s spot Bitcoin exchange-traded fund IBIT has become the asset manager’s third-highest revenue-generating ETF just 18 months after its launch, according to data shared by Bloomberg senior ETF analyst Eric Balchunas. Strategy Chairman Michael Saylor responded to the milestone by predicting that IBIT will soon become BlackRock’s number one revenue-generating ETF. The IBIT fund has The post BlackRock’s Bitcoin ETF rapidly climbs […]

  • 21Shares says June payroll surprise sets soft-landing stage that could catalyze Bitcoin beyond $200k
    by Gino Matos on July 3, 2025 at 9:07 pm

    June US employment data exceeded forecasts and sets a macro backdrop that could send Bitcoin (BTC) past $200,000, according to a research note from Matt Mena, crypto research strategist at 21Shares. The Labor Department reported that non-farm payrolls increased by 147,000 in June, surpassing the consensus estimate of 110,000, while the unemployment rate fell to The post 21Shares says June payroll surprise sets soft-landing stage that could […]

  • Circle stock outpaces Bitcoin with 472% growth since June IPO
    by Oluwapelumi Adejumo on July 3, 2025 at 7:50 pm

    Circle’s stock (CRCL) has dramatically outperformed Bitcoin since its June 5 listing on the New York Stock Exchange. According to data shared by former BitMEX CEO Arthur Hayes, CRCL has surged nearly 472% relative to Bitcoin when indexed to its IPO date. The rally comes as Circle’s share price jumped from its $31 IPO price The post Circle stock outpaces Bitcoin with 472% growth since June IPO appeared first on CryptoSlate.

  • Senator Lummis presents bill to insert crypto tax definitions to shield micro-payments, validation rewards
    by Gino Matos on July 3, 2025 at 7:15 pm

    Senator Cynthia Lummis filed a bill on July 3 that rewrites multiple sections of the Internal Revenue Code to govern how crypto users calculate, defer, and report taxable income. The measure inserts statutory definitions for “digital asset” and “actively traded digital asset,” classifying any cryptographically recorded unit of value as property unless it merely mirrors The post Senator Lummis presents bill to insert crypto tax […]

  • Tether and Adecoagro join forces on renewable-powered Bitcoin mining venture
    by Oluwapelumi Adejumo on July 3, 2025 at 6:41 pm

    Stablecoin issuer Tether has signed a Memorandum of Understanding (MoU) with Adecoagro S.A. to explore a strategic collaboration centered on renewable-powered Bitcoin mining, according to a July 3 statement. Adecoagro, one of South America’s leading producers of sustainable agricultural goods and energy, is evaluating how its more than 230 MW of renewable energy capacity can The post Tether and Adecoagro join forces on renewable-powered […]

  • FTX Recovery Trust freezes payouts to 49 countries pending legal clearance, China faces biggest hit
    by Gino Matos on July 3, 2025 at 5:48 pm

    The FTX Recovery Trust informed the Delaware bankruptcy court that it will treat creditor claims from 49 foreign jurisdictions as disputed, as local rules prohibit either crypto trading or the use of distribution agents. According to a July 2 filing shared by FTX Creditor advocate Sunil Kavuri, the trust stated it cannot release funds to The post FTX Recovery Trust freezes payouts to 49 countries pending legal clearance, China faces biggest hit […]

  • Asian consortium led by Metaplanet, Sora Ventures targets Thai market with DV8 acquisition
    by Assad Jafri on July 3, 2025 at 4:36 pm

    A consortium led by the founding forces behind Japan’s Metaplanet, known as the “MicroStrategy of Asia,” announced plans on July 3 to acquire Thailand’s DV8 Public Company Limited through a voluntary tender offer. The cross-border alliance includes UTXO Management, Sora Ventures, Kliff Capital, Simon Gerovich, Moon Inc., AsiaStrategy, and Mythos Group. The transaction marks a The post Asian consortium led by Metaplanet, Sora Ventures […]

  • Pakistan’s energy optimization via Bitcoin mining gets 3 months trial after IMF’s partial rejection
    by Oluwapelumi Adejumo on July 3, 2025 at 2:23 pm

    The International Monetary Fund has declined to fully endorse Pakistan’s proposal for a subsidized electricity tariff aimed at powering Bitcoin mining operations, local media outlet Profit reported on July 3. According to the report, Fakhray Alam Irfan, the Chairman of Pakistan’s Senate Standing Committee on Power, revealed that the IMF approved only a three-month relief The post Pakistan’s energy optimization via Bitcoin mining gets 3 […]

  • Arthur Hayes says US banks may unlock $6.8 trillion T-bill buying power through stablecoins
    by Oluwapelumi Adejumo on July 3, 2025 at 1:07 pm

    Arthur Hayes, the co-founder of BitMEX, believes the US Treasury may soon turn to stablecoins to navigate its growing debt challenges. In a July 3 post, Hayes argued that the US government’s increasing dependence on bond sales risks destabilizing financial markets unless new strategies emerge. According to Hayes, the Treasury is struggling to find enough The post Arthur Hayes says US banks may unlock $6.8 trillion T-bill buying power through […]

  • Ethereum’s ambitious journey to $10,000 begins with new community foundation launch
    by Oluwapelumi Adejumo on July 3, 2025 at 12:25 pm

    Zak Cole, a leading Ethereum core developer, has launched a new initiative to drive the Ethereum network’s expansion and boost its market value. In a speech at the Ethereum Community Conference on July 2, Cole introduced the Ethereum Community Foundation (ECF), an independent entity dedicated to supporting Ethereum as an asset and pushing its price The post Ethereum’s ambitious journey to $10,000 begins with new community foundation launch […]

  • Trump Says June 2025 Border Statistics Are Lowest In US History
    by Tyler Durden on July 3, 2025 at 8:35 pm

    Trump Says June 2025 Border Statistics Are Lowest In US History Authored by Jacob Burg via The Epoch Times, President Donald Trump said on July 2 that the previous month’s border statistics were the lowest in the nation’s history, with Border Patrol reporting zero releases of illegal immigrants into the United States and just over 6,000 arrests at the Southwest border. In a post on his Truth Social platform, Trump said […]

  • Planetary Defenders Track Fast-Moving “Interstellar Object” Through Solar System
    by Tyler Durden on July 3, 2025 at 8:00 pm

    Planetary Defenders Track Fast-Moving “Interstellar Object” Through Solar System On Wednesday, the European Space Agency revealed that its Planetary Defenders are tracking a fast-moving “interstellar object” zipping through the solar system. While some might hope it’s an alien spacecraft—finally giving Paul Krugman a win—chances are it’s just another space rock.  “Astronomers may have just discovered the third interstellar […]

  • Antifa Rioters Charged With Arson And Assault In Portland
    by Tyler Durden on July 3, 2025 at 7:30 pm

    Antifa Rioters Charged With Arson And Assault In Portland Authored by Luis Cornelio via Headline USA, The Trump-led DOJ has charged four individuals in connection with the violent anti-ICE riots that broke out in June in Oregon.  The defendants, some allegedly caught on video, spent several weeks targeting an Immigration and Customs Enforcement facility and assaulting federal officers, prosecutors said in a press […]

  • Leftist Activist Calls For Sanctions On America, Has Deep Ties To Democrat NGO Network
    by Tyler Durden on July 3, 2025 at 7:00 pm

    Leftist Activist Calls For Sanctions On America, Has Deep Ties To Democrat NGO Network Far-left and unhinged social justice warrior Elie Mystal has sparked controversy with remarks suggesting that America “needs to be sanctioned,” and calling the country “a menace to peaceful people” and “the bad guys.” His comments reflect an alarming trend on the left toward anti-American rhetoric—resembling propaganda straight out of the […]

  • After ‘8 Hours Of Hogwash’ From Rep. Jeffries, House Republicans Pass Trump’s ‘Big Beautiful Bill’
    by Tyler Durden on July 3, 2025 at 6:30 pm

    After ‘8 Hours Of Hogwash’ From Rep. Jeffries, House Republicans Pass Trump’s ‘Big Beautiful Bill’ Update (1430ET): The republican response to Democratic leader Hakeem Jeffries’ record-breaking address was brief and to the point, as Rep Jason Smith retorted: “I come from the Show-Me State, and what we just heard can be defined in one word. A bunch of hogwash is what we’ve heard for eight hours on that side of the building.” […]

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  • Fracking Is America’s (Not So) Secret Weapon
    by Tyler Durden on July 3, 2025 at 6:30 pm

    Fracking Is America’s (Not So) Secret Weapon Authored by Jim Welty, Rob Burndrett & Charlie Burd via RealClearEnergy, America’s shale revolution and ascension to the world’s largest oil and natural gas producer has made one fact abundantly clear: energy security is national security. No longer are geopolitical and national security decisions held hostage to the threat of energy price spikes. Because of oil from Texas and […]

  • Deputy Head Of Russian Navy Killed In Ukraine Missile Strike
    by Tyler Durden on July 3, 2025 at 6:00 pm

    Deputy Head Of Russian Navy Killed In Ukraine Missile Strike In a rare battlefield development, a very high-ranking general officer for Russia’s military has been killed by Ukrainian forces, and it actually happened on Russian soil. Major General Mikhail Gudkov, deputy commander of the Russian Navy and a brigade leader in the Ukraine war, has been confirmed dead in Russia’s Kursk region, according to a statement Thursday by a […]

  • Four Reasons Why This 4th Of July Is Better
    by Tyler Durden on July 3, 2025 at 5:30 pm

    Four Reasons Why This 4th Of July Is Better Authored by Larry Behrens via RealClearEnergy, As Americans fire up their grills and head out on road trips, there’s something to celebrate this Independence Day: energy sanity is making a comeback. This year, there’s a little more freedom on the menu. After years of being shackled by a radical green agenda, 2025 is shaping up to be the year we finally hit the brakes and throw it […]

  • CIA Memo: Obama Team ‘Excessively Involved’ In Fueling Trump-Russia Narrative
    by Tyler Durden on July 3, 2025 at 4:40 pm

    CIA Memo: Obama Team ‘Excessively Involved’ In Fueling Trump-Russia Narrative Authored by Luis Cornelio via Headline USA, A newly declassified CIA memo revealed that top officials within the Obama administration deliberately manipulated intelligence to exaggerate Russia’s purported 2016 election interference. This set the stage for the years‑long Trump‑Russia collusion probe.  The review, commissioned by CIA Director […]

  • “Your ‘Equity’ Is Fake” – Robinhood Faces Backlash After OpenAI Denounces Tokenized Shares
    by Tyler Durden on July 3, 2025 at 4:00 pm

    “Your ‘Equity’ Is Fake” – Robinhood Faces Backlash After OpenAI Denounces Tokenized Shares Authored by Kathleen Kinder via CoinLaw.io, OpenAI has publicly rejected Robinhood’s new “OpenAI tokens,” clarifying they do not represent actual equity in the company. Key Takeaways OpenAI disavowed Robinhood’s tokenized equity products, stating they do not grant real ownership in OpenAI. The tokens offer indirect […]

  • Democrat Civil War Intensifies As Obamaworld Opposes Mamdani
    by Tyler Durden on July 3, 2025 at 3:30 pm

    Democrat Civil War Intensifies As Obamaworld Opposes Mamdani The Democrat Party is grappling with internal divisions following Democratic Socialist Zohran Mamdani’s upset victory in New York City’s Democrat mayoral primary election this week. Mamdani, a 33-year-old New York State Assembly member, decisively defeated disgraced former New York Gov. Andrew Cuomo with 56% to 44% in the final ranked-choice voting results. Two […]

  • Supreme Court To Hear Challenges To State Laws Keeping Males Out Of Female Sports
    by Tyler Durden on July 3, 2025 at 3:10 pm

    Supreme Court To Hear Challenges To State Laws Keeping Males Out Of Female Sports Authored by Matthew Vadum via The Epoch Times, The Supreme Court agreed on July 3 to consider whether states can ban male athletes who don’t identify with their sex from competing on school sports teams intended for females. The decisions to grant the petitions for certiorari, or review, in two separate cases were published on a list of orders. […]

  • Goldman Finds ‘Net Purchase Intent’ For Tesla Begins Recovery 
    by Tyler Durden on July 3, 2025 at 2:50 pm

    Goldman Finds ‘Net Purchase Intent’ For Tesla Begins Recovery  Wednesday marked delivery report day for Tesla and Rivian, as both electric vehicle makers posted figures reflecting ongoing pressure from waning demand and intensifying competition. Offering fresh insight and key takeaways to help assess the EV market is a new note from Goldman Sachs analysts led by Mark Delaney. Tesla reported 2Q25 deliveries of 384k vehicles, up […]

  • Blowout June Payrolls: 147K Jobs Added, Smashing Expectations; Unemployment Rate Drops To 4.1%
    by Tyler Durden on July 3, 2025 at 2:48 pm

    Blowout June Payrolls: 147K Jobs Added, Smashing Expectations; Unemployment Rate Drops To 4.1% After yesterday’s shockingly bad ADP print of negative 33K, the market was braced for the worse, with the whisper number for today’s payrolls sliding to 96K, the first sub 100K print and far below the consensus of 106K, and many even contemplating how to trade a stagflationary recession print. In the end, it turned out to be just another […]

  • California Officials Tout New Crime Stats But Report Lacks Full Picture
    by Tyler Durden on July 3, 2025 at 2:30 pm

    California Officials Tout New Crime Stats But Report Lacks Full Picture Authored by Jill McLaughlin via The Epoch Times, A July 1 report from the California attorney general’s office showed crime headed downward in the state. Data from 2024 showed a 6 percent decrease in violent crime, an 8.4 percent drop in property crime, a more than 10 percent dip in homicides, and 6.5 percent fewer aggravated assaults. The report also […]

  • Services Surveys Signal ‘Expansion’ In June, Inflation Fears Remain High
    by Tyler Durden on July 3, 2025 at 2:06 pm

    Services Surveys Signal ‘Expansion’ In June, Inflation Fears Remain High On the heels of strong Manufacturing survey data this week, US Services data expectations were more mixed for June (PMI exp down, ISM exp up) amid a sudden plunge in ‘hard’ data. S&P Global US Services PMI fell from 53.7 to 52.9 in June (below the 53.1 expectations) – still above 50 (expansion). ISM Services rose from 49.9 to 50.8 in June (above the […]

  • NATO Chief ‘Totally Understands’ US Halting Weapons For Ukraine As Russia Celebrates
    by Tyler Durden on July 3, 2025 at 2:00 pm

    NATO Chief ‘Totally Understands’ US Halting Weapons For Ukraine As Russia Celebrates NATO Secretary General Mark Rutte spoke to Fox News in a Wednesday interview, reacting to the ‘shock’ White House announcement halting many arms and ammo transfers to Ukraine. Rutte said that he understands the United States’ need to safeguard its own defense stockpiles, however, still made an appeal for ongoing urgent support from Washington. “I […]

  • “June Looks Strong”: Boeing Monthly Aircraft Delivery Tracker Signals Recovery
    by Tyler Durden on July 3, 2025 at 1:20 pm

    “June Looks Strong”: Boeing Monthly Aircraft Delivery Tracker Signals Recovery Goldman analysts led by Noah Poponak maintain a “Buy” rating on Boeing, citing new Planespotters data that suggests the embattled planemaker may finally be emerging from its manufacturing slump. A series of mid-air incidents and quality control issues had previously forced 737 Max production caps, but June’s stronger delivery figures point to a potential […]

  • My Wray Or The Highway: New Report Raises Troubling Questions Over The FBI Spiking Report Contradicting Director
    by Tyler Durden on July 3, 2025 at 1:00 pm

    My Wray Or The Highway: New Report Raises Troubling Questions Over The FBI Spiking Report Contradicting Director Authored by Jonathan Turley, Newly declassified FBI documents obtained by Fox raise troubling questions over the FBI allegedly spiking findings that contradicted the testimony of  then-FBI Director Christopher Wray. The FBI had uncovered a Chinese conspiracy to influence the election in favor of then-President Joe […]

  • ‘Deep TriState’ Layoffs Leave Continuing Jobless Claims ‘Stuck’ At Highest Since 2021
    by Tyler Durden on July 3, 2025 at 12:42 pm

    ‘Deep TriState’ Layoffs Leave Continuing Jobless Claims ‘Stuck’ At Highest Since 2021 While payrolls data dominates the news on the labor market, the higher frequency (and perhaps less ‘sanitized’) jobless claims data remains noteworthy. Initial claims dropped from 237k to 233k last week, rolling over from 9 month highs… Source: Bloomberg Continuing jobless claims were flat at 1.964mm Americans – the highest since Nov […]

  • Futures Coiled At Record High Ahead Of Closely Watched Jobs Report
    by Tyler Durden on July 3, 2025 at 12:21 pm

    Futures Coiled At Record High Ahead Of Closely Watched Jobs Report US equity futures are slightly higher with small caps outperforming into the payrolls report. As of 8:10am ET, S&P 500 futures are up 0.2% while Nasdaq 100 contracts were up 0.1%. The tax/budget bill appears likely to pass later this morning after a dramatic overnight session, so keep an eye on yields though any impact may be delayed until next week given the […]

  • The Last Time Gold Moved Like This Was 1929
    by Tyler Durden on July 3, 2025 at 11:45 am

    The Last Time Gold Moved Like This Was 1929 Authored by Peter Reagan via BirchGold.com, Speaking on the Money Sense podcast, Alasdair Macleod chimed in on why he believes we are in an environment similar to 1929, or the start of the Great Depression. In recent times, we have seen things compared often to infamous economic downturns, like the inflation and recession of the 1970s. We have also seen invocations of the Great […]

  • Trade Thaw: US Lifts Curbs On Ethane & Chip Design Software Exports To China
    by Tyler Durden on July 3, 2025 at 11:20 am

    Trade Thaw: US Lifts Curbs On Ethane & Chip Design Software Exports To China With just six days until President Trump’s ‘reciprocal’ tariff pause ends worldwide, the Trump administration is accelerating efforts to secure trade deals with key countries. On Wednesday, Trump signed a new trade agreement with Vietnam, and emerging headlines in financial corporate media only suggest negotiations with China may also be gaining […]

  • Euro Stablecoin By DWS And Deutsche Bank Gets Regulatory Approval
    by Tyler Durden on July 3, 2025 at 10:30 am

    Euro Stablecoin By DWS And Deutsche Bank Gets Regulatory Approval Authored by Adrian Zmudzinski via CoinTelegraph.com, AllUnity, a joint stablecoin venture by asset manager DWS and banking giant Deutsche Bank, received a license from the German Federal Financial Supervisory Authority (BaFin), according to a Wednesday announcement. BaFin has granted an E-Money Institution (EMI) license to AllUnity. With the license, the company […]

  • These Are The US Cities With The Most And Least Health Insurance
    by Tyler Durden on July 3, 2025 at 9:45 am

    These Are The US Cities With The Most And Least Health Insurance In 2023, 92% or 305 million Americans had health insurance, either for some or all of the year. Health insurance coverage varies widely across the country, shaped by differences in state policies, economic conditions, and local job markets. This map, via Visual Capitalist’s Kayla Zhu, shows the top and bottom U.S. metropolitan areas by share of residents with health […]

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