Author: admin
American Bitcoin, a bitcoin mining company backed by the Trump family, has expanded its corporate treasury to more than 6,500 bitcoin, placing the firm among the largest publicly traded holders of the digital asset as it continues to scale its mining operations. The company disclosed the updated holdings this week, with co-founder and chief strategy officer Eric Trump stating that the firm accumulated over 500 BTC during the past 21 days. At current market prices, the treasury stands near $470 million. Data from Bitcoin Treasuries shows the miner now ranks about 17th among public companies that hold BTC on their…
An ex-Virginia police officer reportedly orchestrated an inheritance scheme that drained a huge sum of cash from his victims. Jerry Kieth Brady Jr. duped 13 people into believing that he was set to receive an inheritance or life insurance benefits, reports the NBC affiliate WAVY-TV 10. Court documents show that Brady asked friends and colleagues to loan him money in order to pay for lawyer fees, taxes and other costs to get the inheritance from a dead relative. To convince the victims, Brady signed promissory notes and written contracts, promising to repay the funds. But Brady doubled down on the…
Israel’s Finance Ministry has put a weekly price tag on the country’s widening war with Iran, estimating that the economy could take a hit of more than 9 billion shekels (equivalent to $2.93 billion) a week if emergency limits on activity remain in place.The estimate links the economic toll to the Home Front Command’s current “red” restrictions, which include school closures, travel restrictions, and a shift to essential services.According to Reuters, the finance officials also outlined a less restrictive scenario. A shift to an “orange” level, which would allow more economic activity, would cut the weekly hit to about 4.3…
In brief Nvidia signaled the end of its major investments in OpenAI and Anthropic. The OpenAI-Anthropic feud is escalating fast after a Pentagon deal and federal backlash. With this decision, Nvidia avoids choosing sides as AI labs clash with each other and Washington. At the Morgan Stanley Technology, Media, and Telecom conference in San Francisco on Wednesday, Jensen Huang said Nvidia is likely done investing in AI giants OpenAI and Anthropic.The $30 billion investment it just finalized into OpenAI was a steep drop from the $100 billion deal announced last September, and will likely be the last check. Same for…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is showing renewed strength after reclaiming the $70,000 level, a move that has helped stabilize sentiment following weeks of heightened volatility and uncertain market direction. The recovery comes as several structural indicators begin to shift in favor of a more constructive market environment, suggesting that the recent correction may be transitioning into a new phase. According to analysis from Axel Adler, multiple regime and structural indicators have moved into positive territory simultaneously for the first time in nearly three months. The report highlights the behavior of…
Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission and one of the most consequential figures in American crypto regulation, has been officially confirmed as a speaker at Bitcoin 2026 — bringing the voice of Washington’s most Bitcoin-forward regulatory agency to the world’s largest Bitcoin conference in Las Vegas. Confirmed by the U.S. Senate in December 2025 as the 16th Chairman of the CFTC, Selig began his career as a law clerk for then-CFTC Commissioner J. Christopher Giancarlo, before moving into private practice advising financial institutions, trading platforms, and digital asset developers on compliance with securities and commodities laws.…
March 5th, 2026 – Dubai, United Arab Emirates Geopolitical tensions and global uncertainty continue to weigh on markets this week. With the S&P 500 trading at 6,869.50, the Nasdaq Composite at 22,807.48, and BTC rebounding above $73,000, Bybit TradFi’s Wall Street Showdown has been activated at an opportune time for traders diversifying across multiple asset classes. Bybit TradFi’s round-the-clock access to commodities, energy markets, global benchmarks, and a growing menu of equity CFDs positions traders to build resilient portfolios amid economic headwinds. The Bybit TradFi trading competition is on-going and ends on April 10, 2026, available to all eligible Bybit…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have submitted rule proposals to the White House to oversee the crypto industry and prediction markets, advancing their efforts to provide clarity and regulate emerging markets. SEC Advances Crypto Taxonomy Plans This week, Wall Street’s main financial regulators, the SEC and the CFTC, stepped up their efforts to provide formal rules and fully establish a welcoming approach by presenting their rule plans for crypto assets and prediction markets to the White House for review,…
Bitcoin has again failed to hold $71,500, reinforcing the level as a long-term ceiling while global markets shift into a risk-off environment driven by rising oil prices and higher bond yields.The latest rejection came after Bitcoin briefly rose past $73,000, then lost momentum and fell back below $71,500.Bitcoin price chart showing BTC rejection near $73,000 and a drop below the $71,500 support level.The move extends a pattern that has now played out several times in recent sessions: price rallies into the same resistance zone, stalls, and reverses. The seventh attempt carried an additional signal. Instead of pressing directly into the…
In brief City staff have concluded the Vancouver Charter does not allow Bitcoin in city reserves. The motion followed a late 2024 decree by Mayor Ken Sim to study crypto use. Municipal finance rules keep assets like Bitcoin outside treasuries, Decrypt was told. Vancouver staff have recommended closing a council motion that explored whether the city could become “Bitcoin-friendly,” after determining that its rules don’t allow the crypto to be held as a municipal reserve asset.The recommendation appears in a report to the council reviewing outstanding member motions, where staff said they had “conclusively determined” that Bitcoin is not “an…