Live updates: BTC above $65,000 even as the Senate punts the CLARITY Act to the fall
The market rose even as the Senate left the crypto bill unpassed before its recess, with steady ETF inflows and a softer dollar doing more for prices than…
This bitcoin miner rejected BIP-110 despite mining through a pool that supported it
Ocean, a bitcoin mining pool, had been backing BIP110 by default. Simple Mining, a company that runs mining machines through Ocean, used software from the pool…
Bitcoin tops $65,000 with US inflation data due this week
Every major except XRP is green on the week, with BTC, ether and BNB each up nearly 3% as global stocks trade near a record. Source:CoinDesk
XRP is getting left behind in the crypto bounce even as ETFs keep attracting investor money
The token fell 5% last week while BTC, ETH and SOL climbed. Source:CoinDesk
Ex-US defense secretary calls CLARITY Act a ‘national security bill’
Former US Defense Secretary Mark Esper says the CLARITY Act is not merely a financial services bill, its a national security one. Source:Cointelegraph
U.S. stock futures dip as investors await inflation data, grapple with more Iran uncertainty
U.S. stockindex futures were little changed on Sunday, after new demands from Iran raised fresh doubts about the Strait of Hormuz reopening anytime soon and as…
Bitcoin investors pour $853 million into spot ETFs. BlackRock’s IBIT claims the bulk
Bitcoin ETFs recorded $853.54 million in net inflows last week, the strongest since midApril, with BlackRock’s IBIT taking the bulk. Source:CoinDesk
S&P 500 sales growth is at a nearly 5-year high. Here’s what’s behind the surge.
Energy companies in the S&P 500 have put up a 42.5% revenue gain in the second quarter, powering the index’s sales performance. Source:MarketWatch
The number of stocks beating the S&P 500 is the highest in 4 years. Why that number should rise.
For the first time in four years, the average stock is beating the stock market. Source:MarketWatch
US Senate to vote on advancing CLARITY Act in September after Thune files cloture
The procedural move puts crypto market structure legislation back on track as lawmakers continue negotiations over ethics and stablecoin provisions.…
‘My wife and I are both retired’: Do we dip into our $2.3 million fund to pay off our $300,000 mortgage at 2.9%?
“Right now, we’re withdrawing about $100,000 a year from our investments.” Source:MarketWatch
Berkshire Hathaway profit doubles, fueled by a near $13 billion investment gain
Berkshire Hathaway booked a near $13 billion gain on investments in the latest quarter, and has put $32 billion of its cash pile to work. Source:MarketWatch