Saylor hints at purchasing Bitcoin as Strategy’s reserves exceed $71 billion.
MicroStrategy’s Bitcoin Strategy Grows as Holdings Soar Michael Saylor, a co-founder of MicroStrategy, hinted at a forthcoming Bitcoin purchase on Sunday, as the company’s total Bitcoin holdings surpassed $71 billion. Recently, the treasury firm acquired 4,225 BTC for approximately $472.5 million on July 14, bringing its total Bitcoin holding to 601,550 BTC and raising its […]
Neuralink Described Itself as a ‘Small Disadvantaged Business’ Before Reaching a $9 Billion Valuation
Neuralink’s Small Business Classification Raises Questions Elon Musk’s brain chip company, Neuralink, has reportedly filed as a “small business” with the Small Business Administration (SBA) just before securing a funding round that valued the company at $9 billion. According to reports, Neuralink, founded by Musk, received the designation of “small adverse business” in an April […]
Trump files a $10 billion lawsuit against a major newspaper over explicit Epstein letter article
Trump Files $10 Billion Lawsuit Against Wall Street Journal Washington – President Trump has initiated a lawsuit against the publisher of the Wall Street Journal, seeking $10 billion. The claim centers around articles he describes as “fake” that suggested he sent an inappropriate letter to convicted pedophile Jeffrey Epstein for his 50th birthday, allegedly featuring […]
Gavin Newsom Takes Legal Action Against Trump over $4 Billion in Reductions to California Train Services
California Sues Trump Administration Over High-Speed Rail Funding Cuts California has taken legal action against the Trump administration in response to a decision that eliminates $4 billion in federal funding for the state’s delayed high-speed rail project. This “Bullet Train” initiative has faced significant setbacks, now predicted to finish by 2040, a far cry from […]
Liberals condemn the congressional decision to cut $1 billion from PBS and NPR funding
Liberal voices in the media, including commentators and lawmakers from PBS and NPR, have reacted strongly to recent Congressional votes that cut federal funding for their networks. In a late-night session, the House voted 216 to 213, following the Senate’s lead, to approve President Donald Trump’s $9 billion bailout proposal. This bill, once enacted by […]
House passes $832 billion defense budget plan that includes salary increase for military personnel
House Passes Defense Funding Bill In Washington, the House of Representatives approved a bill early Friday to allocate approximately $83.2 billion for defense in the fiscal year 2026. This measure, known as the Pentagon’s Approximate Budget Act, passed with a vote of 221-209, with five Democrats joining nearly all Republicans in support. The Democrats who […]
XRP rises 22% as it enters new price territory with a market cap reaching a record $210 billion
Important Takeaways XRP prices have surged 22% in the last 24 hours, hitting a new peak of $3.66. A favored regulatory approach in the US is introducing tail fins. Indicators show that XRP still has potential for growth, with targets predicting it might hit $14. XRP reached a record high price on Friday, following the […]
Legislative body passes $832 billion Defense funding measure
The House passed a bill early Friday aimed at earmarking approximately $83.2 billion for the 2026 defense budget, just weeks after Republicans endorsed a separate $150 billion initiative aligned with Trump’s defense objectives. This legislation was approved by the GOP-controlled Chamber of Commerce with a vote of 221-209, primarily along party lines. Remarkably, this is […]
House approves cuts to foreign aid, reducing federal funding by $9 billion.
House Republicans Approve Spending Cuts Package On Thursday, House Republicans greenlit a package aimed at cutting previously approved federal spending, impacting foreign aid and public broadcasting like NPR and PBS by a total of $9 billion. This so-called retirement bill narrowly passed with a vote of 216-213. Interestingly, two Republicans from Pennsylvania and Ohio—Brian Fitzpatrick […]
Republicans achieve a slight win on the $9 billion spending cut proposal
3G Capital Acquires Skechers for $9.4 Billion What can you actually buy for $9.4 billion? Recently, 3G Capital made headlines by acquiring Skechers, the footwear giant, for that staggering amount. Well, for starters, $9.4 billion could pay for a pretty nice apartment in New York City for over 40,000 years. Of course, by then, it […]