by Michael
Key TakeawaysSpaceX raised $25 billion in its debut bond sale, with orders nearing $90 billion.Heavy demand let SpaceX upsize the deal $5 billion above its $20 billion target across five tranches.Proceeds will repay a bridge loan and fund Starlink, Starship and an AI...
by Michael
Key TakeawaysCryptoquant said Strategy’s dividend coverage fell from 7-plus years to 14 months, urging a pause on bitcoin buys.Strategy’s cash reserves dropped 38% in 2026 as annual dividend obligations climbed to about $1.2 billion.STRC preferred shares remain stuck...
by Michael
Key takeaways Risk sentiment across financial markets remained fragile following conflicting statements from US and Iranian officials. XRP risks dropping below $1.0 if the bearish trend persists. Ripple’s XRP remained under pressure on Wednesday, trading below $1.10...
by Michael
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The proposed settlement, filed Monday in the U.S. District Court for...
by Michael
Key TakeawaysThe US House cleared the housing package this week, sending a Fed CBDC ban running through Dec. 31, 2030 to President Trump.The Senate passed the bill 85-5 on June 22, folding a long-sought digital-dollar prohibition into broader housing...
by Michael
Key TakeawaysEnso has launched its RWA app, opening access to over 500 tokenized assets via a single layer.This launch impacts the market as tokenized equities surpass $25 billion, easing fragmented distribution.Next, Enso will scale global access to these assets...
by Michael
Key TakeawaysJackpocket ticket won $71.5M on Feb. 17, 2025, but Texas Lottery froze the payout.Texas Rangers probe may reshape courier-app rules affecting DraftKings and lottery sales.Jane Doe sued on May 19, 2025; courts could decide if retroactive bans can stand. An...
by Michael
Key TakeawaysDWF Labs says $31B+ in RWAs is onchain, but under 10% is active in DeFi.Blackrock’s BUIDL highlights liquidity issues, with fewer than 30 transfers monthly.Maple Finance and Figure are building tools to unlock RWA trading, yield, and scale. Blackrock,...
by Michael
Key TakeawaysHSBC launched its tokenized deposit service in the UAE, adding the dirham to a 24/7 blockchain cash network.The rollout expands HSBC Orion’s footprint, boosting corporate liquidity across global markets.Next, eligible corporate clients can instantly...
by Michael
Key TakeawaysEthlabs launched with five former Ethereum Foundation researchers to strengthen core infrastructure.Bitmine, Sharplink, and Joe Lubin back Ethlabs as institutional Ethereum adoption grows.Ethlabs will focus on scaling, interoperability, and AI commerce in...
by Michael
Key TakeawaysCboe launched XSP binary options via Interactive Brokers, entering retail-focused prediction-style derivatives.Contracts offer fixed $100 or $0 payouts based on index settlement, simplifying S&P 500 exposure.Charles Schwab plans to add access as Cboe...
by Michael
Key TakeawaysWintermute warned tighter Fed policy could slow key liquidity channels into crypto markets.Officials lifted the median 2026 rate outlook as inflation concerns broadened.Tighter monetary policy can raise funding costs and reduce risk appetite, limiting... Translate »