The U.S. is maxing out its strategic oil reserves as Trump vows to control the Strait of Hormuz
Strategic Petroleum Reserve stockpiles are precariously low and have been hit by major equipment failures, leaks and spills, according to a government report.…
Lindsey Graham died from a rare heart condition. Here’s how to know if you’re at risk.
Aortic dissections are extremely rare; however, people with a family history or who have been diagnosed with certain genetic syndromes have an elevated risk…
Binance.US CEO says exchange is rebuilding, eyes return to 20% U.S. market share
Binance.US is betting ultralow fees, new regulated products and deeper liquidity will help it regain customers after two years of regulatory setbacks.…
TeraWulf CEO: 'Not All Megawatts Are Created Equally' in AI Race
TeraWulf says its $19 billion AI hosting agreement with Anthropic underscores its transformation from a Bitcoin miner into an AI infrastructure company.…
AI-related debt jumped 99% over the past year. It’s a ‘shock to the system’ for investors.
A deluge of hyperscaler debt creates risk that investors will run up against concentration limits in their portfolios from a single company or industry.…
Meta and Amazon are leading a trillion-dollar Big Tech spending spree
As the cost of AI infrastructure continues to increase, Morgan Stanley says Big Tech capital expenditures are on track to hit new records. Source:MarketWatch
Bolivia mulls recognizing USDT as payment currency amid dollar shortage
As foreign currency reserves remain under pressure, Bolivia is considering a framework to let the world’s largest stablecoin be used for payments, savings and…
Billionaires are loading up on these superior stocks. Why it pays to follow their money.
The second quarter was a sixyear best for U.S. stocks — here are the three sectors poised to lead the next leg higher. Source:MarketWatch
Micron and other chip stocks feel the pain of imported volatility — blame SK Hynix
The SOX chip index was suffering a unanimous selloff, after SK Hynix’s stock had its worst day in 18 years in South Korea trading. Source:MarketWatch
Robinhood built a blockchain for tokenized stocks. Memecoins took over
Robinhood Chain has pulled in $135 million of value and 800,000 addresses since July 1. Almost none of it is doing what the chain was built for. Source:CoinDesk
Bitcoin threatens $62K in risk-asset rout as Donald Trump says US will 'run' closed Hormuz Strait
Bitcoin bulls faced an uphill struggle to preserve $62,000 as stocks opened down on Strait of Hormuz rhetoric between the US and Iran. Source:Cointelegraph
UK Treasury report on tokenization cites Ripple as convergence model
A Treasurybacked report targets putting repo, gilts and funds onchain within two years, and warms to permissionless networks that firms like Ripple have been…