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  • End of the quarter wipes out billions from Bitcoin open interest
    by Andjela Radmilac on July 2, 2025 at 11:15 pm

    Bitcoin’s derivatives market saw a quiet but meaningful repositioning in July, marked by two liquidation-driven drawdowns in futures and a record expiry event that wiped out over $15 billion in options open interest. These changes took place alongside relatively muted price action, as Bitcoin hovered between $101,000 and $110,000 throughout June before stabilizing near $107,000 The post End of the quarter wipes out billions from Bitcoin open […]

  • DeFi Development Corp. to raise $100M for Solana treasury acquisitions ahead of ETF launches
    by Assad Jafri on July 2, 2025 at 10:28 pm

    DeFi Development Corp has unveiled plans to raise $100 million through a private offering of convertible senior notes to strengthen its Solana-focused treasury strategy as anticipation for potential U.S. approval of Solana exchange-traded funds (ETFs) ramps up. DeFi Development Corp. said proceeds will be used partly to repurchase its own shares through a prepaid forward The post DeFi Development Corp. to raise $100M for Solana treasury […]

  • OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not approved and has no equity backing
    by Gino Matos on July 2, 2025 at 9:45 pm

    OpenAI said on July 2 that digital tokens trading under its name on Robinhood’s new blockchain platform do not represent OpenAI equity and were listed without the company’s consent. In a statement posted on X, the artificial intelligence developer wrote:  “These ‘OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, were not The post OpenAI disavows Robinhood’s ‘OpenAI tokens,’ says demo stock was not […]

  • SEC temporarily halts Grayscale’s multi-asset crypto ETF debut despite conversion greenlight
    by Gino Matos on July 2, 2025 at 9:00 pm

    Grayscale’s conversion of its Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF) has been frozen by a stay order, despite receiving approval from the Securities and Exchange Commission (SEC) on July 1. Bloomberg ETF analyst James Seyffart said in a social media post on July 2 that the stay blocks the conversion “for now” The post SEC temporarily halts Grayscale’s multi-asset crypto ETF debut despite conversion greenlight […]

  • StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds
    by Assad Jafri on July 2, 2025 at 8:30 pm

    Bitcoin (BTC) could see its strongest half-year performance ever in late 2025, driven by record ETF inflows, policy risks to the Federal Reserve, and broadening sovereign adoption, according to Geoffrey Kendrick, head of digital assets research at Standard Chartered. In a July 2 research note, Kendrick forecasted that ETF inflows and corporate treasury purchases will The post StanChart predicts Bitcoin’s new cycle may defy past patterns with […]

  • CleanSpark’s Tennessee expansion boosts stock 11% amid local unrest
    by Oluwapelumi Adejumo on July 2, 2025 at 8:00 pm

    Bitcoin miner CleanSpark has reportedly received approval to build a new mining facility in Mountain City, Tennessee, local media outlet WCYB reported on July 2. According to the report, the Mountain City Board of Mayor and Aldermen approved the mine’s development after a 3-1 vote to rezone the targeted 50-acre site. The land will shift The post CleanSpark’s Tennessee expansion boosts stock 11% amid local unrest appeared first on […]

  • Canadian fintech Mogo’s $50M Bitcoin reserve plan ignites 140% share surge at market opening
    by Gino Matos on July 2, 2025 at 7:16 pm

    Canadian fintech Mogo announced on July 2 that its board had cleared up to $50 million for staged Bitcoin purchases as a long-term treasury reserve, prompting its shares to jump 140% at market opening on the Toronto Stock Exchange. MOGO closed July 1 priced at 1.74 Canadian dollars, worth roughly $1.28. It opened on July The post Canadian fintech Mogo’s $50M Bitcoin reserve plan ignites 140% share surge at market opening appeared first on […]

  • Ripple seeks a national bank charter approval to place RLUSD under state and federal oversight
    by Gino Matos on July 2, 2025 at 6:31 pm

    Ripple applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) on July 2, CEO Brad Garlinghouse wrote in a post on X.  The filing would place Ripple USD (RLUSD) under federal supervision while maintaining its existing oversight by the New York Department of Financial Services, creating a “new The post Ripple seeks a national bank charter approval to place RLUSD under state and federal oversight appeared […]

  • Ethereum ETFs forecast to attract $10 billion by late 2025, says Bitwise CIO
    by Oluwapelumi Adejumo on July 2, 2025 at 5:42 pm

    Bitwise Chief Investment Officer Matt Hougan predicted that Ethereum exchange-traded funds (ETFs) could experience up to $10 billion in inflows during the second half of 2025. His forecast, made on July 2, builds on the strong momentum observed over the past months, with Ethereum ETFs already bringing in $1.17 billion in inflows in June alone. The post Ethereum ETFs forecast to attract $10 billion by late 2025, says Bitwise CIO appeared first […]

  • North Korean IT workers earned $17M this year with some funds coming from Circle accounts
    by Oluwapelumi Adejumo on July 2, 2025 at 3:28 pm

    An on-chain investigation has revealed that North Korea IT workers posing as foreign developers have earned nearly $17 million from crypto startups and blockchain companies this year. The findings, revealed by prominent blockchain investigator ZachXBT, show that these individuals have successfully integrated into dozens of crypto projects by concealing their identities and locations. According to The post North Korean IT workers earned $17M […]

  • India’s Hindustan Zinc Eyes Five Year Timeline To Move Into Rare Earth Metals
    by Tyler Durden on July 2, 2025 at 10:50 pm

    India’s Hindustan Zinc Eyes Five Year Timeline To Move Into Rare Earth Metals India’s Hindustan Zinc is moving into rare earths, but commercial production could take up to five years, underscoring the hurdles of building a domestic supply chain to challenge China’s grip on the sector. “This (rare earth) is of strategic interest (to India),” said CEO Arun Misra in an interview, according to Nikkei Asia. The company was the only […]

  • Democrats, Animated By Loathing Of Trump, Are Driving Their Party To Self-Destruction
    by Tyler Durden on July 2, 2025 at 10:25 pm

    Democrats, Animated By Loathing Of Trump, Are Driving Their Party To Self-Destruction Authored by Conrad Black via RealClearPolitics.com, The Democrats are now implacably self-destructive. They resemble nothing so much as a slowly capsizing ship, but show by their frenzied skullduggery that America is not in decline — the opposition is rotten and hopeless but it still fights savagely. I hope readers will pardon a recitation of […]

  • Fiji Says Chinese Military Base, Missiles Not Welcome In Pacific
    by Tyler Durden on July 2, 2025 at 10:00 pm

    Fiji Says Chinese Military Base, Missiles Not Welcome In Pacific The tiny South Pacific archipelago country of Fiji has come out firmly against China establishing a military base in the Pacific Islands, according to a statement of Prime Minister Sitiveni Rabuka issued Wednesday. He emphasized that China has no need for such a provocatively located base to demonstrate its military strength, citing its recent intercontinental […]

  • Public Companies Are Buying More Bitcoin Than ETFs For Third Quarter In A Row
    by Tyler Durden on July 2, 2025 at 9:40 pm

    Public Companies Are Buying More Bitcoin Than ETFs For Third Quarter In A Row Authored by Jenna Montgomery via BitcoinMagazine.com, Corporate treasuries have surpassed exchange-traded funds (ETFs) in Bitcoin accumulation for the third consecutive quarter, according to new data from Bitcoin Treasuries. Public companies acquired approximately 131,000 BTC in Q2 2025—an 18% increase from the previous quarter—compared to an 8% […]

  • Putin Defends Iran’s Right To Nuclear Enrichment In First Macron Phone Call In 3 Years
    by Tyler Durden on July 2, 2025 at 9:20 pm

    Putin Defends Iran’s Right To Nuclear Enrichment In First Macron Phone Call In 3 Years On Tuesday Russian President Vladimir Putin and French President Emmanuel Macron spoke by phone for the first time in almost three years, at a moment of various global hotspots of interest to both countries. A nearly two week war between Iran and Israel just ensued last month, at the end of which the US launched a major bombing campaign on three […]

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  • Moderna To Ask For Clearance For Combination COVID-Influenza Vaccine
    by Tyler Durden on July 2, 2025 at 9:00 pm

    Moderna To Ask For Clearance For Combination COVID-Influenza Vaccine Authored by Zachary Stieber via The Epoch Times (emphasis ours), Moderna is going to ask regulators to approve its combination vaccine against COVID-19 and influenza, the company said on June 30. The company said a phase 3 study evaluating its influenza vaccine candidate, mRNA-1010—which utilizes the same messenger ribonucleic acid (mRNA) platform as its […]

  • Del Monte Bankruptcy Won’t Spark Canned Food Shortages  
    by Tyler Durden on July 2, 2025 at 8:40 pm

    Del Monte Bankruptcy Won’t Spark Canned Food Shortages   Del Monte Foods, a major player in America’s canned food supply chain, has filed for Chapter 11 bankruptcy in New Jersey as part of a broader strategic restructuring effort. The company does not anticipate that the bankruptcy process will cause any disruptions to the canned food market.  The 138-year-old food company, a U.S. unit of Singapore-based Del Monte Pacific, […]

  • Ron Paul: A Big Beautiful Bill For The Military-Industrial Complex
    by Tyler Durden on July 2, 2025 at 8:20 pm

    Ron Paul: A Big Beautiful Bill For The Military-Industrial Complex Authored by Ron Paul via The Ron Paul Institute, The US Senate worked through the weekend on the “Big Beautiful Bill.” The goal was to pass it quickly to ensure the House will then pass it and send it to President Trump’s desk before the July 4th holiday. However, disagreements among Republican Senators over reductions in spending on programs including […]

  • Japan Finally Admits Its Carmakers Have Been Paying All Trump Tariff Costs As Trade Talks Collapse
    by Tyler Durden on July 2, 2025 at 7:43 pm

    Japan Finally Admits Its Carmakers Have Been Paying All Trump Tariff Costs As Trade Talks Collapse Last week, we sparked a stir within the financial community when we were the first to show, clearly and without doubt, that contrary to months of false narratives by the liberal “expert” class, the costs of Trump’s tariffs are actually not borne by either US companies or US consumers, but rather by the exporting nation and its […]

  • Iranian Hackers Say They Have 100GB Of Trump Emails
    by Tyler Durden on July 2, 2025 at 7:20 pm

    Iranian Hackers Say They Have 100GB Of Trump Emails Authored by José Niño via Headline USA, Hackers claiming ties to Iran say they possess 100GB of emails from President Donald Trump’s inner circle and may soon leak or sell the trove, after previously distributing a batch to the media before the 2024 U.S. election. In online conversations with Reuters on Sunday and Monday, the hackers—who use the pseudonym […]

  • Not So Fast: Massie Announces He Has Enough Votes To Block ‘One Big Beautiful Bill’ In The House
    by Tyler Durden on July 2, 2025 at 6:49 pm

    Not So Fast: Massie Announces He Has Enough Votes To Block ‘One Big Beautiful Bill’ In The House Update (1450ET): Are we having fun yet? Major divisions within the House threaten to derail the Big Beautiful Bill, with Speaker Mike Johnson struggling to overcome resistance by fiscal conservatives.  Earlier in the day the House appeared ready to hold a test vote, however several conservative Republicans raised objections – […]

  • Establishment Democrats Created The Conditions For A Socialist Victory
    by Tyler Durden on July 2, 2025 at 6:40 pm

    Establishment Democrats Created The Conditions For A Socialist Victory Authored by Connor O’Keefe via The Mises Institute, Last week, democratic socialist Zohran Mamdani pulled off an upset and beat the establishment’s preferred candidate, Andrew Cuomo, in the Democratic primary for New York City’s mayoral election. The race drew a lot of attention, in part because New York City is massive, and its mayor governs over more […]

  • “Unacceptable” – US Officials Slam Iran’s Suspending Cooperation With UN Nuclear Watchdog
    by Tyler Durden on July 2, 2025 at 6:20 pm

    “Unacceptable” – US Officials Slam Iran’s Suspending Cooperation With UN Nuclear Watchdog Update (1430ET): That didn’t take long. US State Department officials have reportedly said that Iran’s suspension of cooperation with IAEA is “unacceptable”, adding that Iran must cooperate fully without further delay. UN spokesman Stephane Dujarric also chimed in, saying that Iran’s suspension of its cooperation with the International […]

  • Wisconsin Supreme Court Votes 4–3 To Invalidate State Abortion Law
    by Tyler Durden on July 2, 2025 at 6:00 pm

    Wisconsin Supreme Court Votes 4–3 To Invalidate State Abortion Law Authored by Matthew Vadum via The Epoch Times, The Wisconsin Supreme Court voted 4–3 on July 2 to strike down the state’s 176-year-old almost-total ban on abortion. Justice Rebecca Frank Dallet wrote the majority opinion. “We conclude that comprehensive legislation enacted over the last 50 years regulating in detail the ‘who, what, where, when, and […]

  • Iran Reportedly Made Plans To Litter Strait Of Hormuz With Naval Mines
    by Tyler Durden on July 2, 2025 at 5:40 pm

    Iran Reportedly Made Plans To Litter Strait Of Hormuz With Naval Mines The U.S. launched “Operation Midnight Hammer” on June 22, deploying stealth bombers to strike Iran’s nuclear facilities at Fordow, Natanz, and Isfahan using Massive Ordnance Penetrator bombs. President Trump declared the sites were “totally obliterated.” In retaliation, Iran’s parliament voted to authorize the closure of the Strait of Hormuz—a critical […]

  • RFK Jr. Says Officials ‘Revolutionizing The Vaccine Injury Compensation Program’
    by Tyler Durden on July 2, 2025 at 5:20 pm

    RFK Jr. Says Officials ‘Revolutionizing The Vaccine Injury Compensation Program’ Authored by Zachary Stieber via The Epoch Times (emphasis ours), Federal officials are working on revamping the program that provides compensation for people who suffer injuries from vaccines, Health Secretary Robert F. Kennedy Jr. said on June 30. Health Secretary Robert F. Kennedy Jr. testifies on Capitol Hill in Washington on June 24, 2025. Madalina […]

  • Not Just The EPA: Despite Warnings, Biden’s Energy Department Disbursed $42 Billion In Its Final Hours
    by Tyler Durden on July 2, 2025 at 4:40 pm

    Not Just The EPA: Despite Warnings, Biden’s Energy Department Disbursed $42 Billion In Its Final Hours Authored by James Varney via RealClearInvestigations, In its last two working days, the Biden administration’s Energy Department signed off on nearly $42 billion for green energy projects – a sum that exceeded the total amount its Loan Programs Office (LPO) had put out in the past decade. The frenzied activity on Jan. 16 […]

  • UBS Finds Low-Income Confidence Rebounding As Dining Deferrals Diminish
    by Tyler Durden on July 2, 2025 at 4:20 pm

    UBS Finds Low-Income Confidence Rebounding As Dining Deferrals Diminish The U.S. restaurant industry is entering the second half of the year with renewed momentum, supported by improving sales trends, easing headwinds, and a rebound in confidence among lower- and middle-income consumers, according to a new note from UBS. This comes after lower-income consumers saw their wallets squeezed and sentiment plunged in the wake of the […]

  • Is Rand Paul About To Finally Nail Fauci?
    by Tyler Durden on July 2, 2025 at 4:00 pm

    Is Rand Paul About To Finally Nail Fauci? Authored by Steve Watson via Modernity.news, GOP Senator Rand Paul announced Monday that he intends to subpoena Anthony Fauci to testify regarding his role in the development of COVID-19.  Ironically, because Fauci accepted a ‘pardon’ from Joe Biden’s autopen, it means he cannot invoke the Fifth Amendment. This opens up the possibility of perjury charges should Fauci withhold the […]

  • US Halting Some Weapons Shipments To Ukraine As Own Military Stockpiles Plummet
    by Tyler Durden on July 2, 2025 at 3:50 pm

    US Halting Some Weapons Shipments To Ukraine As Own Military Stockpiles Plummet The Trump administration could finally be willing to bring real pressure to bear on the Zelensky government, as on Tuesday the White House confirmed that it its halting some weapons shipments to Ukraine. White House spokesperson Anna Kelly told CBS News that in the context of the Russia-Ukraine war the “decision was made to put America’s interests first […]

  • Paramount Settles Trump’s ’60 Minutes’ Lawsuit With $16M Payment – No Apology Issued
    by Tyler Durden on July 2, 2025 at 3:40 pm

    Paramount Settles Trump’s ’60 Minutes’ Lawsuit With $16M Payment – No Apology Issued Paramount Global has agreed to pay $16 million to settle a lawsuit filed by President Trump over a 60 Minutes interview with failed presidential candidate Kamala Harris, alleging deceptive edits intended to favor Democrats. The settlement includes legal fees but no direct or indirect payment to Trump; instead, the funds are allocated to his future […]

  • July 4th Gas Prices Lowest In 4 Years
    by Tyler Durden on July 2, 2025 at 3:25 pm

    July 4th Gas Prices Lowest In 4 Years Authored by Wesley Brown via The Epoch Times, Nearly 72 million people are expected to travel during the Fourth of July holiday, likely leading to crowded highway traffic and congested airports across the United States. However, holiday travelers should also see lower gas prices and airfares as they go to their Independence Day destinations, experts say. Nationally, AAA Travel, the […]

  • Trump Announces Trade Deal With Vietnam; Includes 20% Tariffs, 40% Tax On Transshipping
    by Tyler Durden on July 2, 2025 at 3:04 pm

    Trump Announces Trade Deal With Vietnam; Includes 20% Tariffs, 40% Tax On Transshipping With just one week left until the July 9 trade deal deadline, which some suspect could have a similar adverse impact on markets as the first Liberation Day – even if stocks are completely oblivious to the risk – moments ago Trump gave a stark reminder just how high the trade stakes are when he announced that the US has made a trade deal with […]

  • Centene Crashes Most On Record, Sparks Selloff In Managed Care Stocks
    by Tyler Durden on July 2, 2025 at 3:00 pm

    Centene Crashes Most On Record, Sparks Selloff In Managed Care Stocks Update (1100ET): Centene, one of the largest health insurers in the U.S., crashed in early trading in New York after withdrawing its 2025 guidance, citing new data from an independent actuarial firm that revealed weaker-than-expected trends in its Affordable Care Act marketplaces and mounting Medicaid costs. Shares in New York crashed as much as 40% by 10:30 […]

  • Tariff Derangement Syndrome(s)
    by Tyler Durden on July 2, 2025 at 2:50 pm

    Tariff Derangement Syndrome(s) By Michael Every of Rabobank Stocks continued to hit all-time highs yesterday even as the balance of op-eds in financial media talk about the collapse of the liberal world order and threats to liberal democracy itself. Both can be true simultaneously, but caveat emptor on the asset and op-ed side. German stocks sold off when Hitler assumed power then rallied until the Battle of Stalingrad… at which […]

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