US Rejects Iran’s Latest Peace Proposal, Signals Possible Military Action
The United States declined Iran’s recent peace offer, warning that unresolved nuclear negotiations could escalate to military conflict if Tehran fails to alter its stance.
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Trade & Tariffs
Crypto & Fintech
Bitcoin Depot Halts Operations, Files for Chapter 11 Amid Growing Regulatory Hurdles
Bitcoin Depot, a major US Bitcoin ATM operator, filed for Chapter 11 bankruptcy as regulatory challenges and compliance costs force the shutdown of thousands of machines.
Crypto & Fintech
Bitcoin Faces Increased Downward Pressure as Exchange Reserves Climb by 20,000 BTC
Bitcoin’s decline below a key $78,000 support level coupled with a surge in exchange reserves by 20,000 BTC signals mounting near-term selling risks for the cryptocurrency.
Crypto & Fintech
Minnesota Allows Banks and Credit Unions to Provide Crypto Custody Services Starting August
A new Minnesota law enables banks and credit unions to offer virtual currency custody services in a nonfiduciary role, marking a significant shift in state financial regulations.
Corporate Power
Strategy Increases Bitcoin Holdings with $2 Billion Purchase Funded Mostly by Preferred Stock
Strategy expanded its Bitcoin reserves by acquiring nearly 25,000 BTC at an average price above $80,000, largely financed through preferred stock sales.
AI & Tech Regulation
Fired Trump Antitrust Official Joins Democrats’ Unofficial Hearing on Live Nation Settlement
Former Trump antitrust official Roger Alford teams with Democrats in an unofficial hearing criticizing the Live Nation-Ticketmaster settlement reached by the DOJ under Trump.
Crypto & Fintech
Crypto Funds See Over $1 Billion in Withdrawals Amid US-Iran Tensions and Market Volatility
Cryptocurrency investment products experienced significant outflows last week as geopolitical concerns and inflation fears prompted investors to reduce exposure in Bitcoin and Ether funds.
Corporate Power
Google Pixel 10 offered for $299 with first year of Mint Mobile service
Mint Mobile sells the Google Pixel 10 for $299 when customers commit to one year of cellular service, combining device and connectivity at a significantly reduced cost.
Trade & Tariffs
Trump Voluntarily Drops $10 Billion IRS Lawsuit Amid Judge’s Jurisdiction Concerns
President Trump dismissed his $10 billion lawsuit against the IRS just before a court deadline, citing procedural rights and avoiding scrutiny over the tax return leak case.
Markets & Macro
Bitcoin and Major Cryptocurrencies Face Bearish Pressure Amid Inflation Concerns and Geopolitical Tensions
Bitcoin retreated to a critical support level as altcoins fell below key thresholds, driven by inflation worries and geopolitical risks affecting market sentiment.